|Recommended Broker 🇹🇭||
|🌐 Official website:||www.etoro.com *|
How to buy
If you live in Thailand, a great way to invest in Google 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 United Kingdom's Financial Conduct Authority (FCA).
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 Thailand, 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: you should have received an email from eToro, click on the button 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
When eToro has confirmed the receipt of your credit, you just have to search for “Google” in the search bar, click on “Invest” and choose the amount in dollars you want to invest.
Google is the most used search engine and the most visited website worldwide, performing an average of three billion searches per day. But it is also one of the largest software and electronic services companies in existence for a long time.
Like other Internet companies, Google was born as a university project in 1996 by students Larry Page and Sergey Brin. Two years later, in 1998, the two founded the company Google Inc. and the search engine was launched on September 27.
At that time, it was just a search engine with an infrastructure of 80 servers in a closet. However, its initial success was so great that by the year 2000 it had already displaced the most popular search engine at the time, AltaVista.
Since then, Google has only grown to become the technological giant we know today. From just a search engine and generating revenue from internet advertising, Google evolved to offer a wide variety of services among which we can mention:
- Google Chrome
- Android OS
And we mention these because they are the ones that generate the most revenue for Google, revenue that comes from the advertising model that we all know. But there are also lesser-known projects that also generate revenue to the company, such as Google Drive, Workspace or Cloud.
Future projects of Google
Being a technology company, Google remains in a process of continuous research and development that sustains its success in the market. This is how Google has a laboratory known as Google X in which it works on new technologies.
In this laboratory, Google develops technology that may seem futuristic, such as the Smarty Pants, which are robotic pants controlled by artificial intelligence that will help people with reduced mobility.
Following the futuristic line, we can also mention the Wolverine project. In this case it is a device that would improve the hearing of any person. You will probably think that there is nothing futuristic about this, but the magic lies in the device's ability to focus on a particular speaker in a crowded environment.
These are projects that are ongoing, but to mention something more rational and company-related, there is the Taara project. This project seeks to bring the Internet to everyone using beams of light instead of wires. And according to the company itself, this technology is the only one that has the potential to surpass Google Fiber.
This is the way Google has kept growing over and over and that has allowed it to remain in the group of the big five of technology, along with Facebook, Amazon, Microsoft and Apple.
Reason for using this broker for investing in Google from Thailand?
- It takes techniques and moves from experienced investors so you can replicate them
- You can short sell
- Very user-friendly and straightforward
- Leverage is allowed
- You can invest in countless of different goods
Official main site: www.etoro.com
eToro is the best way to invest in Google from Thailand.
“Social trading”, an innovative form of investing by replicating techniques and strategies from other experienced investors, has become popular because of eToro.
eToro has solutions for you, even if you don't have much experience in trading. You can rest assured that you are doing a smart investment move when replicating those from subjects with a long profit record. And for those skilled investors willing to share their techniques with others, eToro rewards your knowledge with money.
Another thing to mention is how easy the platform is, which turns out perfect for new users that are learning all about the trading world.
How does leverage work
Do you know what leverage is? Just in case, we'll put it simply: trading lets you invest even more than what you really have. For instance, if you have $ 100 and you choose to leverage x2, the amount of your investment will be $ 200.
Why using leverage and how to do it
Assuming that, for example, you are sure that Google price is going up, and that you have $ 1,000 for “going long”, you must know that you have the option of investing more and making more money.
There's the possibility of requesting a loan, but it is a process that takes time, and by the moment you finally get the money, Google might be already at a much higher price, so you wouldn't be able to invest the way you planned.
Thanks to leverage, you can get that amount of money just by clicking your mouse. It's exactly like borrowing money, but much easier and quicker, and with the benefit that you will be getting it directly from eToro which will let you invest much more than you have on the platform's wallet. Before trading, you will be able to choose between the different options as in the screenshot:
With other assets, the ability to leverage is greater. Why? Because cryptocurrencies are a value that is invested in the medium-long term. However, leverage is used mostly for day trading or short-term operations. But let's deepen a bit more on how all this works.
You begin with $ 1,000 and decide to use leverage x2, then you would have $ 2,000 to invest (the extra $ 1,000 to reach $ 2,000 are “borrowed” from eToro).
A week later turns out that Google price rises up and now the value of your investment is 20% higher, which means, you have $ 2,400 in Google shares. So, a wise decision is to sell them back now.
Obviously, the 1k $ from leverage will be deducted, and you'll have $ 1,400 left, of which $ 1000 was yours initially, so the net profit is $ 400.
As you can see, with $ 1000 you get a profit of $ 400, no less than a profit of 40%. That's not bad at all, right?
But not everything is wonderful. If all goes as you intended and the price rises, you will make profits. Nevertheless, if the price falls, you will also lose more money in the blink of an eye.
Supposing that the price didn't increase by 20%, but it went down also by 20%, you won't lose $ 20 but double, $ 40. That is why to operate with leverage it is very important 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 purchased Google shares at $ 100, you request eToro to close once it reaches $ 120. That way, you make sure you won't change your mind and decide to wait a bit longer in case it keeps rising, which could make you lose it all.
On the other hand, when trading with leverage you should always use Stop Loss, because a small decrease in the price of an asset can have a big impact on your wallet. Always remember to mark a Stop Loss more conservative than that suggested by the broker.
How to deposit funds into your eToro account
When it comes to payment on eToro, there is not much to say, since it is really straightforward. You only need to select “Deposit funds”, put an amount, and choose the payment option you prefer. You can pay with PayPal, bank transfer, credit card, Skrill, or Neteller.
(Consider that you must be the account or credit card holder, for security reasons).
The minimum amount required is $ 200, and there is a maximum limit for unverified accounts. Thus, if your intention is to deposit higher amounts, you should contact Support to verify your account first.
eToro accepts transfers in any currency, but charges a fee for making the conversion to USD. That is why we recommend, if it is in your hands, depositing in USD from the beginning.
Demo account: How does it work?
In case you are beginning as an investor, you can start by practicing with a “demo” option. You only need to set a virtual account and you will be able to trade with an imaginary balance.
This is a great tool for those who want to put their talents to the test before playing for real money. With your virtual account, you will begin with a $ 100,000 balance (which of course, is fake) to do all the trades that you can think of: not just with Google, you can also work with a diverse portfolio with all the different instrument that are available on eToro.
The first attempt is not usually that good. But don't worry, since you can ask support to deposit back the virtual funds to your account.
Nevertheless, remember that you need to be prudent for trading, and demo account trading can have the reverse effect. It is not the same to risk your own money than to operate with a fake balance which loss does not suppose any drama. Besides, investing virtual money can prevent you from learning to control your emotions, as a true investor should.
Finally, if you intend to invest in the medium or long-term, with profits almost assured only by replicating an index, it doesn't make sense that you waste years investing in virtual mode. On the contrary, you may be interested in the virtual mode if you want to experiment with short and medium-term trading.
How to use eToro
We already mentioned that one of the best things about eToro is how simple it is. It isn't necessary to read a lot or have previous knowledge to start trading.
You won't have any issues with the interface if you are familiar with any other social network.
We will talk about the registration process and the different sections of eToro.
You will have to fill in some information requested when registering.
Before you end up with the sign-up process, you will also have to answer some questions about your previous trade experience.
However, it's not like they're testing you or anything. They only intend to know how much knowledge you have and what type of assets they can suggest. For example, if you have never invested before, they will not suggest that you invest in futures.
Let's get to know the fundamental sections of the interface.
In the “Set Price Alerts” tab, you have, as its name indicates, the option to put alerts on the price of certain assets. You only need to click on the three points at the end of the line and you will be able to program a price alarm. This is very helpful when you are after a security that is falling, but it seems to you that it has not finished falling yet.
The section “News Feed” allows users to interact and share their experiences and knowledge.
“Discover” includes the tabs “Instruments”, “People” and “CopyPortfolios”. And we discussed previously in this guide the different financial instruments on eToro:
- Exchange-Traded Funds
- Raw materials
- Index funds
The term “social trading” comes to life in the section “People”: that is where you can replicate the strategies of any user you choose with just one click.
You can search and find users according to your interests. You can apply filters like risk level, average profits, or financial market. When you select an investor and indicate how much money you want to invest, eToro will automatically replicate their movements, proportionally. For example, if you invest $ 1000 and the trader puts 20% of their funds in an asset, eToro will also invest 20% of your money in the same company or instrument, in this case, $ 200.
You will also find the CopyPortfolios divided into three main categories: “Top Trader”, “Market” and “Partner”.
Sometimes you might prefer copying to CopyPortfolios than to other investors, since you avoid putting all your eggs in one basket, or in other words, risk is more diversified. There are all kinds of portfolios that you can recognize easily and are classified by sectors. So, in case you suspect a specific sector, such as gaming or pharmacy, has a good chance of prospering, you should probably look for that specific portfolio.
What is social trading?
eToro was the first broker to suggest trading as a social activity, and time has demonstrated that it was a great idea. Since then, a multitude of copycats have appeared, but we have tried them all and eToro is still the best.
But it wasn't just about creating yet another social network to talk about investment. The real innovation was in the possibility for users to replicate the moves of advanced investors, who were in turn paid for their ideas.
It sounds complex but it isn't: when you enter eToro you will see in the menu on the left the options “Copy People” and “Invest in CopyPortfolios”.
“CopyPortfolios” are kinds of exchange-traded funds or thematic index funds, a portfolio that bundles a number of financial assets in a certain sector. Let's say that you consider that the gaming industry is going to prosper soon but you don't have enough information (or time) to choose stocks, you just have to invest in the CopyPortfolio called “InTheGame”, which includes Google, Microsoft, NVIDIA, Nintendo, Logitech…
CopyPortfolio has generated a 100% return in the last year, and the only thing you have to do is to click on “Invest”, select the amount, place the stop-loss, and the rest will be done practically on its own.
But it is also possible to copy other users of the platform who are successful investors. It is really simple: you can find them with “Copy People” and just duplicate their moves.
You will see in the profile of users: the kind of assets they trade (currencies, cryptocurrencies, raw materials, shares…), their risk profile (a higher risk implies higher possibilities of earning more or losing more money), as well as their performance history.
Besides copying other investor's strategies, which is really interesting and helpful, we also suggest that you make the most out of the community by reading other user's comments. You can learn a lot from their experiences, mainly if you aim to make a living from investments.
* 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.