How to invest in GameStop from Egypt

Recommended Broker 🇪🇬
👌Difficulty Low
☢️Commissions Zero
💲Minimum deposit 200$
🪙Instruments: Stocks like GameStop, crypto, forex, commodities
⚖️Regulated by: Cyprus Securities and Exchange Commission (CySec), United Kingdom's Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
🌐 Official website: *
* Your capital is at risk.

How to buy

For those who live in Egypt, a great way to invest in GameStop shares is, without any doubt, this popular broker.

eToro*, one of the main brokers around the world, is registered and licensed, among others, by the Cyprus Securities and Exchange Commission, and therefore complies with all the regulations of the European Union, the most demanding in the world.

We recommend eToro because you can create an account for free with this broker, and its fees for trading online are very low. Besides, eToro is available in our language, accepts users from Egypt, it is really easy to manage, and its friendly interface is ideal for those who are starting to trade with cryptocurrencies and stocks.

How to sign up, step by step

The first thing you need to do is click here and fill in the fields on the right: enter your name, email, and set a password.

Then check your email: you have received an email from eToro, click on “Verify my email” and your account will be verified.

Once on eToro, you just have to click on “Deposit funds”, in the page menu.

There, you can choose how much money you want to add to your account (the minimum is $ 200) and the payment method:

As you can see in the image, the first deposit can be made by credit card, PayPal, or bank transfer.

How to make your first trade

As soon as eToro has confirmed the receipt of your credit, you just have to search for “GameStop” in the search bar, click on “Invest” and choose the amount in dollars you want to invest.

*67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

GameStop business model

GameStop Corporation is an American company founded in Dallas in 1984 specializing in the video game industry. It is one of the largest video game retailers in existence, operating more than 4,800 stores in the United States, Canada, Australia and Europe.

It went public on the New York Stock Exchange in 1988 and since then has traded on the stock market like any other company. It has had some very good years and some not so good years, which, although it cannot be said to have been completely bad, have been years of decline.

This company stayed off the radar for a long time until January 2021 when its share price skyrocketed by more than 1,500% in just 3 days, only to return to its average the following week. As you can imagine, all this movement generated huge gains for those who positioned themselves in the right direction.

GameStop, Reddit and Wall Street

Behind these absurd moves, a large number of people belonging mainly to a Reddit forum called WallStreetBets were involved. This forum, as its name suggests, is all about “Wall Street betting”, although in the case of GameStop what they were looking for was to beat the whole Wall Street game.

This is how the idea spread from WallStreetBets to other forums on Reddit, motivating more and more people to buy GameStop shares. The end result was a buying frenzy that drove the price up to the level it reached and then back down to the mean.

Upon investigation, it was learned that it was a user who had bought about $50,000 worth of Reddit stock who initiated the move after the company had a dismal outlook. Having achieved his goal, he probably withdrew by selling the shares at a very high price, taking huge profits out of the market.

But, just as there were those who gained, there were those who lost a lot because in the buying frenzy, many entered too late. And by this we mean when the share price stopped rising and started to fall.

The commotion was such that the term meme stock has been coined to describe stocks that have sharp price movements motivated by social networks.

What are the assets you can trade in eToro?

We already know about stocks, there are other financial assets available.

Index Funds

In case you are interested in long-term investments, and you won't need to withdraw your money in at least five years, index funds can be the best choice. This kind of investment is also great for beginners since the risks are much lower.

You may have a different idea, but very few fund managers can beat their benchmark return (yes, you have surely heard of investors who achieve huge returns).

But putting aside some exceptional cases (like Warren Buffett's), not everything is as good as it sounds: when someone brags about having beaten the benchmark, it was probably for a short time, or their charges are really high. Besides, take into account that past performances do not ensure a future one.

With index funds, you don't have to worry about that: most of the time, they beat active managers in the long term, and the fees are so much lower.

Currency market

Currency trading or Forex consists, as the name says, in the trading of currencies. It's the conversion of one currency to another to make a profit through the operation.

If you decide to trade EUR and USD, you acquire euros and pay with dollars, with the expectation that the euro will rise compared to the dollar. Then, if you purchased each euro at 1.15 USD and you sell them back when they cost 1.20 USD, that margin will be yours.

You may be thinking that trading with currencies requires investing considerable amounts, and you are not wrong, since increases in prices are never that dramatic, and if you use a lot of leverage to counter that, you will take a considerable risk. Our advice for those starting in the world of trading is to choose another market to begin with, since Forex is risky and complex.

eToro allows exchanging the most popular currency pairs but take into account that in Forex sales are always made through CFDs, which means you will not be the owner of the underlying asset.

Raw materials

Most investors trade with raw materials because of their stability. While other assets present higher fluctuation, raw materials prices vary less and offer safety against inflation or market volatility. However, prices are subject to supply and demand, so if an economic situation provokes greater demand for a certain good, its cost will also rise.

Take into account that commodities don't pay dividends. Thus, the only prospective income would come from a future sale of the asset.

Commodities can be classified into two main categories: hard raw materials and soft raw materials. The former are precious metals (such as gold, silver, copper, and platinum), industrial metals, and oil; while the latter are agricultural resources, like cocoa, soybeans, rice, or sugar, among many others.

What are Contracts for Difference?

If you already browsed eToro, you must have seen how the initials CFD appear frequently. We will explain its meaning now, but first, you should know that CFDs on eToro are only possible when you are short-selling.

We will also refer to terms such as leverage and “going short”, in case you are interested in day trading cryptocurrency or more advanced practices.

Even if you aren't “in the black”, you can still bet on eToro with CFDs. In a hypothetical case: you are sure that the GameStop will go down, so perhaps you consider that the best thing to do is refrain from getting in until it actually falls. Nevertheless, if it actually goes down, you can make some profits out of that.

You can do that by “going short”. More or less, it works like this:

  • You ask someone for a loan of, let's say, 100 units of GameStop, which cost $ 5,000 at the moment (these numbers aren't real)
  • You make $ 5,000 by selling the 100 units
  • The GameStop goes from $ 50 to $ 30 (as you predicted, it devaluates)
  • Again, you buy the 100 units, but now they are worth $ 3,000
  • Now you return the 100 units to whoever loaned them to you
  • The rest is yours, so, you will have made $ 2000

Take into account that it is much simpler than it sounds: we can just say that by trading in GameStop you can also earn money if you predict the downs.

What's the difference between CFDs and futures?

If you are interested, next you have some major differences between Futures and CFDs:

  • Who is the counterparty? With Futures, the counterparty is another investor. In CDFs, it’s the broker (eToro)
  • When do they expire? Futures expire in a variable given date. CFDs don’t have expiry date
  • Markets available: Futures include fewer options to trade. CFDs include a wide range of possibilities.
  • Minimum investment amount or “trade size”: Being higher numbers, Futures require, proportionally, lower costs. Costs for CFDs are a bit higher, although not excessively.
  • Is it possible to leverage? with Futures, it isn’t possible; while with CFDs it is.

How to deposit funds on eToro

Within the payment methods accepted on eToro you will find: credit card, PayPal, bank transfer, Neteller, and Skrill. There is not much to say here: making a deposit with eToro is a very easy process. You just have to click “Deposit funds”, type a number and select your payment method.

Consider that for security policies, you must be the holder of the credit card or the account.

The minimum amount you can deposit is $ 200 and there is a limited amount if you are not verified. Therefore, in case you want to trade with larger sums, contact Support beforehand to verify your account.

eToro accepts transfers in any currency, but charges a commission for making the conversion to USD. So it is better to use USD from the beginning.

How does eToro work?

We mentioned previously that eToro is very friendly and intuitive. Anyone can start using it without having to read endless explanations.

Everyone who has used Whatsapp, Facebook or any of the most common social networks, knows enough to operate with the eToro interface.

We will explain, roughly, the registration steps and the different sections that you will see on eToro.

First, you will have to fill in your personal data, like first name, last name or address.

Also, you will have to answer some questions about your experience as an investor.

But don't worry: it's not about passing an exam. It is only a way of finding out how much knowledge you have and what type of assets they can suggest. For example, if it is your first experience in the investment world, they will not recommend that you invest in futures.

Next, we will explain the different sections of the page.

In the “Set Price Alerts” tab, you have, as its name says, the possibility to put alarms on the price of certain securities. You just have to click on the three points at the end of the line and you will be able to program a price alert. It is a very useful tool for when you are after an asset which price is decreasing, but perhaps you think that it has not finished falling yet.

In the “News Feed” tab is the most social part of eToro: where users are interacting all the time and sharing valuable information.

“Instruments”, “People” and “CopyPortfolios” are within “Discover”. As we discussed previously, the six types of instruments on eToro are:

  • Cryptocurrencies
  • ETFs
  • Shares
  • Commodities
  • Forex trading
  • Index funds

The term “social trading” comes to life in the section “People”: there, you can copy the movements of the best investors with just one click. You'll be able to see all their profiles and performances.

Using the search box, you can find the investors that best suit your interests: by average profits, types of instruments or risk level, for instance. You just have to type the amount of your investment and eToro itself will be in charge of replicating the movements made by the selected investor, in proportion. This means that if you put $ 1000 and the investor puts 10% of their capital in Amazon, eToro will invest $ 100 of your money in that asset.

In this section you will also find the three most popular types of CopyPortfolios, which are Top Trader, Market, and Partner.

The advantage of using CopyPortfolios instead of copying people is that this way you will diversify the risk. There are all kinds of portfolios that you can find easily and are divided by sectors. So, in case you suspect a specific sector, like e-commerce or pharmacy, has good chances to succeed, you should look for that specific portfolio.

“Social trading”, an innovative concept

The first platform that thought of trading as a social activity was eToro, and the idea became successful really quick. Other brokers have also adopted this concept, but we have tried them all and eToro is still the leader.

But it wasn't just about creating yet another social network to talk about investment. The main achievement was in allowing users to replicate the moves of experienced traders, and to reward the latter for their ideas and knowledge.

When you access eToro you will find in the menu on the left the options “Copy People” and “Invest in CopyPortfolios”.


“CopyPortfolios” are a kind of portfolio that includes several assets of the same sector. For example, if you consider that a particular sector will succeed in the near future but you are not sure which investments to make, you just have to choose a portfolio that groups together a variety of related companies in that industry.

At the date of writing this text, this CopyPortfolio has generated a 100% return in the last year, and you just need to click on “Invest”, enter the amount, place the stop-loss and wait.

Copy People

But you can also copy other successful traders of the site. With “Copy People” you can find them and imitate their investments easily.

You will see in the profile of users: the kind of assets they trade with (forex, cryptocurrencies, commodities, stocks…), their risk profile (a higher risk implies higher possibilities of earning more or losing more), as well as their trading history.

Besides duplicating other investor's moves, which is really interesting and helpful, we also recommend that you benefit from the community by reading other user's remarks. You can learn a lot from their experiences and knowledge, particularly if your goal is to make a living from investments.

How does leverage work

Do you know what leverage is? We'll put it simply: trading lets you invest more money than what you really have. For instance, if you have $ 100 and you put them with x2 leverage, you will be actually investing $ 200.

What you should know about leverage

Assuming that, for example, you are certain that GameStop price is going up, and that you have $ 1,000 for “going long”, you should know that you can increase your investment and make more money.

Possibly, you could ask your bank for a credit, wait for it to be accepted and receiving the money, send the money to eToro, confirm that it arrived, and then acquire GameStop… Nevertheless, once you've managed doing all that, probably GameStop would be already at a much higher price, and it wouldn't be a good idea to invest.

Leverage is just like a loan, but it is only a few clicks away! eToro allows you to invest (and earn) much more money than what you have on the platform's wallet. As in the image below, you will see the different options you have:


Within other markets, the leverage you can choose is higher. The reason: cryptocurrencies are a value that is invested in the medium-long term. However, leverage is used primarily for day trading or short-term trading. But let's deepen a bit more on how all this works:

  • If you decide to invest $ 1,000 and you use leverage x2, you will be starting with $ 2,000 ($ 1,000 was “borrowed” from eToro). 
  • Then, turns out that GameStop price does rises, as you assumed, and now the cost of your investment is $ 2,400 (20% higher), so you decide to sell back. 
  • Once the $1,000 from leverage is deducted, you will have $ 1,400 left; which means the net profit is $ 400, since the other $1,000 was yours initially.

As you can see, with $ 1000 you get $ 400, in other words, 40% more. That's not bad at all, right?

Does it sound too good? The trick is that the risk of losing out also increases. If everything goes as planned, you will earn profits in little time; but if the opposite occurs, you will also lose more really fast.

For instance: if the price falls by 10%, you do not lose $ 10, but twice (the leverage) that figure, that would be $ 20. Therefore, when using leverage it is essential to know about Take Profit and Stop Loss.

Take Profit is a limit you can set when trading: you set the platform to sell your assets once they get to a point above the entry price. For instance, you can buy GameStop shares at $ 100 and request that your position is closed automatically when it reaches $ 120. It is very useful to avoid being blinded by enthusiasm: we would all take a 20% profit when making the investment, but when you reach that 20% it is easy to ask yourself “what if this keeps increasing and I can earn even more?”. It's like you got assured in advance that you won't be irresponsible.

Stop Loss is even more important, particularly if you use leverage, since a small loss with leverage can be fatal for your wallet. Consider that eToro will recommend a limit for Stop Loss, but you should place it closer to current price than that.

Frequently asked questions

How much is the minimum investment I have to invest in GameStop?
The minimum deposit in eToro is 200$.

When will I be able to take out my money?
Whenever you want. Simply end your GameStop investment, click on “Withdraw Funds” and you will receive the money very soon.

What deposit methods accepts this broker?
You can use: Bank Transfer, Credit Card, PayPal, Neteller, Rapid Transfer, Skrill and Klarna / Sofort Banking.

* Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Disclaimer: 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.