|Recommended Broker 🇮🇪||
|🌐 Official website:||
* Your capital is at risk.
How to buy
If you live in Ireland, the best way to invest in Walmart 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 Ireland, 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.
Now check your email inbox: 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 purchase
As soon as eToro has confirmed the receipt of your credit, you just have to search for “Walmart” 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.
Walmart, founded in 1962 by Sam Walton, is an American company that owns chains of discount department stores and warehouse clubs. Its main business is the retail sale of mass consumer goods of all kinds.
Its founder, created the company to offer quality products at very low prices in order to obtain a large volume of trade. The idea was to compensate precisely for the low prices so that the company could sustain itself and generate profits.
His idea paid off immediately, because from the very first year, Walmart had a large volume of sales that increased year after year. And along with its sales volume, what also grew year by year was the number of stores the company owned.
Thus, with such a simple business idea, Walmart went from being a warehouse in Arkansas with a few employees, to owning more than 10 thousand stores represented in some 60 different brands in 28 countries and with about 2.2 million employees worldwide.
And this without changing its business model, which is still the same today: sell cheap to sell more. Although what it has done is to reach agreements with manufacturers to provide it with products to market under its own brands.
Walmart and the stock market
The company has been listed on the New York Stock Exchange NYSE since 1970 and since then, as the company's growth and expansion, its share price has not stopped growing. Especially in the last 10 years, when it has experienced a bullish rally regardless of the state of the economy.
Although the truth is that this is very predictable since it is a company that generates and increases its profits year after year. And behind this is the fact that their main source of revenue is what they call “groceries”, which are food products.
Knowing a little of its history and with the awareness that food products will always be the first necessity, it is easy to foresee that Walmart's behavior will remain the same in the future, that is to say, in frank growth.
Therefore, if you are looking for companies to invest in that have a good track record of performance and excellent future prospects, Walmart is one of the companies to consider.
Reason for using this broker , because of this:
- It's very user-friendly
- It uses other people successful investment strategies so you can copy them
- Allows “shorting” or short-selling
- eToro offers leverage
- There are uncountable investment options
Homepage: www.etoro.com *
You should consider eToro if you are interested in purchasing Walmart shares from Ireland.
This broker is known for making “social trading” fashionable, an ingenious way of investing in which traders can repeat the strategies of other investors who have been generating income for years.
eToro has solutions for you, especially if you are still a beginner in trading. You can rest assured that you are making a smart investment since the site duplicates those from subjects with a long profit record. Additionally, in case you are an investor, the platform pays for your knowledge.
It is also very convenient how easy is to manage the platform, excellent for beginners who are starting in the investment world.
About Contracts for Difference
It is possible that you have found the term CFD now and then if you entered eToro before. Before we explain this further, we must say that cryptocurrency operations on eToro are only CFDs when you are short-selling.
In case you want to try at some point day trading cryptocurrency or other practices, you will also find terms such as leverage and “going short”.
The advantage of eToro is that it lets you bet both “in the black” and “in red”. Let's say that you are sure that the Walmart will fall, so probably you consider that the best thing to do is refrain from getting in until it does. Nevertheless, if it actually falls, you can earn some money out of that.
You can do by “going short”. Its operation, roughly, works like this:
- They lend you, let's say, 100 units of Walmart, valued at a total of $ 5,000 (these numbers are totally made up)
- You make $ 5,000 by selling the 100 units
- The Walmart goes from $ 50 to $ 30 (as you predicted, it devaluates)
- You get the 100 units again, but at $ 3,000
- You return the 100 units to whoever loaned them to you
- You keep the $ 2000 difference!
It all seems more complicated than it really is. Just take into account that by trading in Walmart on eToro, with CFDs you can make a profit when you anticipate downs.
Trading with leverage
Do you know what leverage is? Just in case, we'll define it simply: trading allows you to invest even more than you can have in a given time. Let's say that you have $ 100 and you choose to leverage x2, the amount of your investment will be $ 200.
Leverage, Take Profit and Stop Loss
Assuming that, for example, you are positive that Walmart price is going up, and that you have $ 1,000 for “going long”, you should know that you have the option of investing more and making more money.
There's the possibility of asking for a loan at your bank or other financial company, but you must know that all the process takes time, and when you receive the money, Walmart might be already so expensive (if your guess was right) that investing wouldn't be convenient anymore.
Using leverage, you can obtain that amount really easily. It's exactly like borrowing money, but much better: from eToro itself. You can get financing to invest much more money than you actually have on the eToro Wallet. Before trading, you will find the leverage options as in the screenshot:
Within other markets, the ability to leverage is greater. Why? Because cryptocurrencies are a value that is invested in the medium-long term. However, leverage is used mainly for day trading or short-term operations. But let's see how leverage works in the practice:
- If you want to invest $ 1,000 and you use leverage x2, you will be starting with $ 2,000 ($ 1,000 are a “loan” from eToro).
- Then, turns out that Walmart price does rises, as you assumed, and now the cost of your investment is $ 2,400 (20% higher), so you decide to sell back because you want to play it safe.
- Once the $ 1k from leverage is returned, you will have $ 1,400 left; which means you've earned $ 400, since the other $1,000 was yours initially.
In conclusion, by investing $ 1000 and obtaining $ 400, your net profit would be 40%. That is quite good.
It may sound too good to be true. The trick is that the risk of losing out also increases. If everything goes according to plan and the price goes up, you will earn more money in less time; but if the value of the asset goes in the opposite direction, you will also lose more in less time.
Supposing that the asset didn't increase by 20%, but it decreased also by 20%, you won't lose $ 20 but double, $ 40. Because of that, the terms “Take Profit” and “Stop Loss” are so important when using leverage.
Take Profit is used as a form of reducing risks when trading. When you enter, you can set a profit limit and ask that your position is automatically closed when the asset reaches a price.
If you bought Walmart shares at $ 100, you program eToro to close your operation when it reaches $ 120. That way, you make sure you won't change your mind and decide to keep waiting in case it keeps rising, which could be a mistake since the price could go down again really fast.
Stop Loss is even more necessary, mostly when operating with leverage, since a small loss could have a significant impact. Take into account that eToro will recommend a limit for Stop Loss, but it is better to place it closer to current price than the platform suggests.
How does a virtual account work?
For those who still don't have much experience in investing, using a demo account can be useful. You just need to set the virtual mode and you can start trading with fictional funds.
A virtual account can help you to practice and gain experience before starting to operate with real money. When you open your demo account, you will begin with a virtual balance of $ 100.000, to operate with a variety of financial instruments available on the platform, besides Walmart.
The first attempt is not usually that good. But don't worry, because you can ask support to replenish the virtual funds to your account, and the second time you should do better.
Keep in mind that trading is mainly about being cautious, and using a virtual portfolio might have the opposite effect. It is not the same to trade with your own money than with fake funds, which you can lose without any consequences.
Evidently, the demo mode is kind of absurd if you want to invest in the medium or long-term, since you would be wasting years to see the outcome. Virtual accounts may be useful for practicing before trading in the short or medium-term.
How to use eToro
We said before that eToro is very easy to manage. Anyone can start using it without previous experience or long explanations.
You won't have any problems with the interface if you have used any of the most common social networks, like Facebook or Twitter.
We will explain, roughly, the registration process and the different sections that you will see on eToro.
When you open your account, you will have to fill in your personal data, like first name, last name or address.
Additionally, you will have to answer some questions about your experience at investing.
But don't feel intimidated. The objective is to know more about you and be clear about which financial instruments they should recommend according to your knowledge and experience.
As soon as you are registered and have completed your profile, the annoying “incomplete profile” bar will disappear.
Next, we will talk about the fundamental sections of the interface.
With the “Set Price Alerts” tool, you'll be able to program an alert when an asset is at a certain price. Just click the tab and you will be able to set it. This is helpful if you want to purchase an asset and you are waiting for its price to fall.
The section “News Feed” allows users to interact and learn from each other by sharing their opinion and experiences.
“Instruments”, “People” and “CopyPortfolios” are within “Discover”. As we mentioned before, the six types of instruments on eToro are:
- Exchange-Traded Funds
- Raw materials
- Index funds
In the tab “People” are all the profiles and historical performances of other investors, and you can replicate their strategies with just one click. This is where the “social trading” concept is best applied.
You can search for those investors that you find more interesting: by average profits, types of instruments or risk level, for example. You just have to type the amount you want to invest and eToro will replicate the movements made by the investor you selected, in proportion. This means that if you have $ 1000 and the investor puts 10% in an asset, eToro will invest also 10% of your funds (that is, $ 100) in that same asset.
Finally, there are three main types of CopyPortfolios: Top Trader, Market, and Partner.
The advantage of copying to CopyPortfolios instead of individual traders is that this way you will diversify the risk. The portfolios are easily identifiable: one about gaming, another about large drone companies, another about pharmacy … Do you suspect that a certain sector is going to have success in the future? Then you will surely find a CopyPortfolio about it.
Have you heard about “social trading”?
The first platform that thought of trading as a social activity was eToro, and the idea became popular really quick. Other brokers have also taken this concept, but eToro is still the leader.
However, their main achievement wasn't just creating a social network for traders. They could have made the umpteenth social network in which users talk about investing, but they wanted to go further: the great innovation of eToro was allowing investors to replicate the strategies of other users, who in turn were paid for their knowledge.
When you access eToro you will find in the left menu the options “Copy People” and “Invest in CopyPortfolios”.
“CopyPortfolios” are types of ETF or thematic index funds, a portfolio that includes a series of goods of the same sector. For example, if you anticipate that a particular sector will succeed in the near future but you are not sure which investments to make, you just have to pick a portfolio that groups together a variety of related companies in that industry.
At the time 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.
The other alternative is to directly copy users: in “Copy People” you can find eToro users who are very successful investing and whose strategies you can replicate very easily.
In the profile of each user, you will be able to see their risk profile (the higher the risk, the more possibilities of earning more and losing more money), their performance, and the kind of instruments they operate: stocks, foreign exchange, cryptocurrencies, commodities….
And although replicating other people's strategies is very interesting, you should also make the most out of the platform's community, read what other users think, and learn from them. If you intend to end up living from trading, it is a great place to gain valuable knowledge.
* 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.