Meta (Facebook)

Written by Mike Druttman

Fact checked by Nick Zelver

Updated Mar, 2024

Intro

Meta (formerly known as Facebook) has seen a significant rise in stock value since its public debut in 2012, with notable spikes in recent years. This growth might pique your interest in trading Meta shares. However, you don't need to invest a large sum or spend extensive time analyzing market trends. Instead, consider using eToro, a platform that enables you to replicate the investment strategies of seasoned traders who have extensively studied the market. This approach allows you to leverage their expertise with less effort.

I've compiled a comprehensive guide that explains this process and includes my personal insights, which could be valuable to you.

Why I Prefer Trading Meta on eToro

Having traded Meta stock on eToro multiple times, I've identified several benefits of using this platform:

1. User-Friendly Interface: The platform is intuitive and easy to navigate, making it accessible for beginners and experienced traders alike.
2. Low Minimum Investment: You can start trading with as little as $10, making it an affordable option for many investors.
3. Zero Commissions for Real Stock Purchases: eToro offers commission-free trading on actual Meta stocks, reducing the cost of investment.
4. Leverage Options: eToro allows you to engage in larger trades with a smaller upfront investment through leverage. Note that using leverage means trading Meta stock CFDs (Contracts for Difference), which are not available in certain countries, including the USA.
5. Advanced Trading Tools: The platform provides various trading tools, some exclusive to verified and funded accounts, enhancing the trading experience.

The Meta Asset Page

When you visit the Meta stock asset page on the platform, you'll initially land on the Overview section. This default area provides a comprehensive view of the asset through various elements:

1. Graph: Displays the performance of the company's stock over time, giving you a visual insight into its market trends.
2. About: Offers a brief introduction to the Meta asset, outlining key information about the company.
3. Latest News: Features the most recent news related to Meta, sourced from CityFALCON, which helps keep you informed about relevant developments.
4. Analyst Forecast: Presents a 12-month forecast based on a composite of projections from analysts rated 4 stars or higher. It's important to note that this forecast is not a prediction from eToro nor does it constitute investment advice.
5. People Also Bought: Suggests other stocks that are currently attracting investment interest from traders, providing insights into market trends and trader preferences.
6. Copy Meta Investors: Lists top-performing traders who are investing in Meta. By clicking the "Copy" button next to a trader’s name, you can easily navigate to the copy trading window to replicate their strategies.
7. Discussions: Here, you can engage with posts and conversations from other traders interested in this company. The discussion feed allows you to filter between top discussions or view all ongoing conversations. Additionally, you have the option to like, comment on, or share these posts to your own feed, fostering a community-based trading experience.
   

   

Tools You Can Use

One of the highlights of this platform is the range of integrated tools that enhance the trading experience, especially for Meta stocks. These include:

• Chart: Offers a live chart for the underlying asset. You can customize it to display price movements from 1 minute to 1 week, giving you flexibility in analyzing short-term and long-term trends.
• Analysis: Powered by CityFALCON, this feature provides a comprehensive analysis of the stock. Sections include Analyst Consensus, Analyst Price Target, Analyst Ratings, Hedge Fund Activity, and Insider Transactions. These insights are particularly beneficial and are exclusive to verified and funded trading accounts, so be sure to explore them thoroughly.

Trading Meta on eToro

To trade the Meta on the eToro stock invesment platform, begin by searching for the underlying asset. You then have the option to either "Buy" or "Short" based on your market prediction. After deciding on the investment amount, you can set your trading preferences, such as stop loss and take profit levels, before executing the trade. This process is streamlined and user-friendly, accommodating both novice and experienced traders.

Copying Experienced Stock Traders

Another standout feature is the CopyTrader function. This tool allows you to emulate the trades of seasoned stock investors.

You can refine your search for traders using filters, then decide how much you'd like to invest in their Meta stock trades. By hitting the "Copy" button, your account will automatically replicate their trading positions, simplifying the investment process and potentially reducing risks.

In Summary

These are the key aspects to consider if you're planning to trade Meta stocks on eToro, whether using the web platform or their mobile app.

Remember to utilize the insights and tools I've discussed to enhance your online stock trading journey. These strategies and features are designed to assist you in making informed decisions and potentially improve your trading outcomes.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.