How to invest in Tesla from Philippines

Recommended Broker 🇵🇭
👌Difficulty Low
☢️Commissions Zero
💲Minimum deposit 200$
🪙Instruments: Stocks like Tesla, 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 Philippines, a great way to invest in Tesla shares is, definitely, 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 your language, accepts users from Philippines, 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 should have received an email from eToro, click on the link 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.

If you have a choice, we do not recommend bank transfer because it takes longer, and it can be very frustrating to see the price of Tesla rising while you wait for your transfer to be done.

How to make your first purchase

As soon as eToro has confirmed the receipt of your credit, you just have to search for “Tesla” 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.

Is Tesla a buy?

By now, absolutely everyone is aware that the world is moving towards the use of renewable energies and non-polluting mechanisms. And Tesla is the most successful and outstanding company in this transition.

Tesla was founded by Elon Musk, together with two partners, in 2003 with the aim of designing, manufacturing and selling electric cars. It is precisely for the manufacture of high-performance electric vehicles that the company is best known.

However, Tesla also produces parts for electric cars that it sells to other brands, solar panels and batteries that can supply electricity to a house. To this we must add that Tesla's business model encompasses all processes from manufacturing to delivery to the customer.

Therefore, we can find that Tesla, although headquartered in California, has from several huge factories distributed in the United States to its own Tesla dealerships and specialized service centers. In addition to projects already underway in Europe and China.

What can we expect from Tesla in the future?

Being a technology company, Tesla will always go down the path of innovation, constantly improving its existing products and developing new ones. And this behavior can be observed by studying the path taken by the company since its founding.

The first vehicle marketed by the company was the Tesla Roadster, unveiled by the company in 2006. Being its first delivery in 2008 with a value of 109 thousand dollars and with a range of 322 km for a two-seater car.

Since then it has advanced to the model Y, which offers a vehicle with 5 to 7 seats and with a range of up to 480 km at a cost ranging from 39 thousand dollars. This is not to mention the projects that Tesla has underway, with which it promises us great advances.

If you are wondering how it is possible to improve quality and lower costs, the answer is only one: innovation.

Finally, Tesla's progress is also reflected in its stock market price since it made its appearance in 2010 at $17 per share, up to the values we have today. Therefore, Tesla must be taken into consideration when investing.

eToro, our favorite platform for investing in Tesla from Philippines?

  1. Allows to replicate investment tactics
  2. Allows you to go short
  3. User-friendly and straightforward
  4. You can leverage
  5. There are uncountable products you can invest in

Homepage: *

In case you are considering it, eToro is probably the best option to invest in Tesla from Philippines.

This platform is known for making “social trading” a trend, a revolutionary 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, even if you are still a novice user in trading, because it puts your investment on autopilot by imitating moves from those who have been doing it for years. Oppositely, if you are an expert in the field willing to share your techniques with others, eToro pays you for it.

Another thing to mention is how manageable the interface is, which turns out perfect for new users that are just learning all about the trading world.

These are the financial assets you can trade in eToro

Besides stocks, there are other financial assets you can trade .

What is an ETF?

ETFs or Exchange-Traded Funds are a type of passively managed fund, similar to index funds. We can say that ETFs are halfway between stocks and funds: they are traded in the market like stocks, during the day. However, their main benefit is that they offer more alternatives compared to stocks, and their commissions are much lower than those of an actively managed fund.

Raw materials

Most people invest in raw materials due to their stability. While other assets present higher fluctuation, raw materials prices vary less and offer safety against inflation or market volatility. Nevertheless, prices do depend on supply and demand, so if the fear of possible inflation provokes greater demand for a certain good, the price will also increase.

Consider that raw materials don't pay dividends. So, by trading with these you will only have a further profit by selling them back.

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

How to deposit funds on eToro

When it comes to payment on eToro, there isn't really much to say, since it is really straightforward. You just have to click “Deposit funds”, put an amount, and choose your payment method. You can pay with PayPal, bank transfer, credit card, Skrill, or Neteller.

Consider that for security reasons, you need to be the holder of the account or the credit card.

You can start from $ 200, and there is a limited maximum for unverified accounts. Thus, if you aim to trade with large amounts, you will need to verify your account previously.

You can pay in any currency you want and eToro will automatically convert it to USD. But it is better to transfer directly in USD since the platform charges a commission for the conversion.

eToro Interface

We mentioned previously that eToro is very easy to manage. Anyone can start using it without having to read endless explanations.

Everyone who has used social networks like Whatsapp or Facebook, has enough skills to operate with the eToro interface.

Now we will detail the registration process and the different sections of the eToro interface that you should know.

When you open your account, you will have to enter your personal data.

They will also ask you about your previous experience as an investor.

But don't feel like you are taking an exam. They only intend to find out how much you know and which instruments to recommend for you.

Let's see what the different sections of the site are.

With the “Set Price Alerts” tool, you'll be able to program an alarm when an asset is at a certain price. This is helpful in case you want to purchase a security and you are waiting for its price to fall.

“News Feed” is the more “social” section. There, users can interact and share experiences.

In “Discover” you will find: “Instruments”, “People” and “CopyPortfolios”. And we already discussed the different financial instruments on eToro:

  • Cryptocurrencies
  • Exchange-Traded Funds
  • stocks
  • Commodities
  • Forex trading
  • Index funds

In “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 will be able to search for those users that you find more interesting. When you choose an investor and indicate how much you want to invest, eToro will automatically replicate their movements, in proportion. If you have $ 1000 and the trader puts 20% of their funds in an asset, the platform will put $ 200 of your balance in the same asset as well.

You will also see the CopyPortfolios divided into three main kinds: “Top Trader”, “Market” and “Partner”.

The advantage of copying to CopyPortfolios instead of people is that this way you will diversify the risk. There are all kinds of portfolios that you can identify easily and are classified by sectors. So, if you suspect a specific sector, such as gaming or pharmacy, will have good incomes in the future, you should probably look for that specific portfolio.

Leverage explained

In case you are not familiar with the term “leverage”, we'll put it short. When trading, it's the capacity of increasing your investment without putting more money. For example, you can enter with $ 100, but if you use x2 leverage, you will be investing $ 200.

Leverage and the importance of “Take Profit” and “Stop Loss”

Let's say that you are confident that Tesla will raise its price, and you consider “going long, but you only have $ 1,000 available. However, you have the option of investing more and earn higher profits.

Possibly, you could ask your bank for a credit, put an asset as collateral, wait for it to be accepted, wait for the money, send the money to eToro, confirm that it arrived, and then buy Tesla… Nevertheless, once you've managed doing all that, probably Tesla would be already at a much higher price, and investing wouldn't be a good idea anymore.

Leverage is like a loan, and you will only have to click a few times! You will be able to invest (and earn) much more than what you have on the platform's wallet. Before trading, you will see the leverage options as in the image:


Within other markets, you can use more leverage. The reason is that cryptocurrencies are usually medium-long term investments. However, leverage is used primarily for day trading or short-term operations. But let's see how leverage works:

  • If you want to invest $ 1,000 and you use leverage x2, you will be starting with $ 2,000 (remember that$ 1,000 was borrowed from eToro). 
  • A few days later, Tesla price does rises, as you thought, and now the cost of your investment is $ 2,400 (20% more), so you decide to sell back. 
  • The $ 1k of leverage will be deducted, and you will have $ 1,400 left; which means you've earned $ 400, since the other $1,000 was yours initially.

By starting with $ 1000 and getting $ 400, you'll be earning 40% of your investment. That is pretty good.

But there's always a drawback. If everything goes ok and the asset increases, you will make money. Nevertheless, if the asset decreases, you will also lose more money in the blink of an eye.

Supposing that the price didn't increase by 20%, but it decreased also by 20%, you won't lose $ 20 but double, $ 40. Therefore, when operating with leverage it is crucial to know about Take Profit and Stop Loss.

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 Tesla shares at $ 100, you can ask eToro to close when it reaches $ 120. That way, you make sure you won't be blinded by greed 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 important, particularly if you trade with leverage, because a reduced loss with leverage can be tragic for your wallet. Take into account that eToro will recommend a limit for Stop Loss, but you should set it lower than that.


How much is the minimum deposit?
You can invest as low as 200USD.

When will I be able to withdraw my funds?
Whenever you want. You just have to close your Tesla position, click on “Withdraw Funds” and you will receive the money very soon.

What payment methods accepts this broker?
Available payment methods are: 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.