Summary: Mastercard, one of the most valuable financial entities in the world, trades on the NYSE under the ticker symbol MA, which means those interested in acquiring shares of Mastercard can easily do so via online trading platforms such as eToro.
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About Mastercard
Mastercard has been publicly listed under MA on the New York Stock Exchange (NYSE) since going public in 2006 and is a constituent of the S&P 100 and the S&P 500 indexes.
How to Buy Mastercard Stock – Step-by-Step Process
As a publicly traded company, Mastercard stock can be bought using a regular retail broker or investment platform.
Follow these five steps to invest in MA:
- Find a broker;
- Register an account;
- Deposit funds;
- Buy Mastercard stock;
- Periodically monitor your position in MA and adjust your portfolio accordingly.
Step 1: Find a broker
To access the NYSE and buy Mastercard stock, you must first open an account with a regulated online broker.
We recommend eToro as the best online broker for accessing the stock market. Among its many features, it offers:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
How to choose the best online broker?
Here are a few factors to look out for when assessing online brokers:
- Cost: Trading costs can eat into your returns, so it’s essential to understand a broker’s fee structure, including commission fees, account maintenance fees, and any other charges;
- Range of offerings: Verify that the broker provides access to MA, as well as any other asset classes that might interest you, such as ETFs, bonds, commodities, cryptocurrencies, or forex, as well as more complex derivative financial instruments like options and futures;
- Platform usability: The trading platform should be user-friendly, match your proficiency level, and preferably offer a mobile solution;
- Regulation and security: Ensure the broker is regulated by the relevant authorities and that they have implemented appropriate measures to protect your data and funds;
- Account minimums: Is there a required starting amount? Make sure this aligns with your budget;
- Fractional share trading: Allows you to invest at any budget and will make it easy to set up a dollar-cost-averaging strategy (DCA).
Step 2: Open an account
Registering an account with your chosen online broker is the next move in your investment journey and only involves a few straightforward steps:
- Access the platform: Visit the broker’s website or mobile app;
- Start registration: Click “Open Account,” “Sign Up,” or a similar prompt;
- Enter details: Provide personal, financial, and, if asked, investment-related information;
- Await verification: The broker will review and validate your details after submission;
- Boost security: Choose a strong password and activate two-factor authentication (2FA) if available.
Step 3: Deposit funds
The next pivotal step after successfully registering with your online broker is funding your account. Most online platforms offer a variety of methods for this purpose, such as bank transfers, credit cards, or third-party funding systems.
Choose the method that is most convenient to you, but be aware of any associated fees. Once the funds are deposited and cleared, which might take a few days, depending on the broker and the transfer method, you’ll be ready to start your investment journey. Always ensure you invest an amount you’re comfortable with and understand the risks associated with your chosen investments.
Step 4: Place your order
Now that your account is funded, you can place an order to buy Mastercard stock by following these steps:
- Search for Mastercard: Enter MA into the search bar;
- Select order type: Choose how you want the order to be executed, e.g., market, limit, or stop-loss order;
- Enter Quantity: Specify the dollar amount (or number of shares) you want to invest;
- Review and confirm: Double-check all details for accuracy;
- Submit: Click the “Buy” or “Trade” button (or similar) to finalize the transaction. Once completed, you’ll receive a confirmation.
Step 5: Monitor your investment
To keep tabs on your investment in Mastercard, periodically log into your online brokerage account and navigate to your portfolio section. Here, you’ll see real-time data on Mastercard’s stock performance, including its current price, daily fluctuations, and overall return since your purchase.
Additionally, consider setting up alerts or notifications for significant price movements or news related to Mastercard. Staying updated with financial news outlets and Mastercard’s official announcements can further provide insights into factors influencing the stock’s performance, ensuring you make well-informed decisions in the future.
Mastercard stock price today
Pros and cons of buying Mastercard stock
Pros
- Strong brand recognition: Mastercard is one of the globally recognized names in the payment industry, ensuring a certain level of trust and credibility;
- Consistent revenue streams: Mastercard gets a small fee from every transaction as a middleman, providing a stable source of revenue;
- Income generating: Mastercard is a dividend stock with a current (as of January 2024) yield of 0.53%;
- Digital payment trend: As the world shifts more towards cashless transactions and digital payments, Mastercard stands to benefit due to its strong position in the digital payment ecosystem;
- Innovative technologies: Mastercard has been a pioneer in incorporating new tech like biometrics and blockchain into its services.
Cons
- Competition: Mastercard faces fierce competition from other payment giants like Visa, as well as emerging fintech firms and digital wallets like PayPal (NASDAQ: PYPL);
- Regulatory challenges: Changes in regulations or punitive actions can affect profitability.
- Economic sensitivity: Mastercard’s revenues can be sensitive to economic downturns. When people spend less, there are fewer transactions to take a fee from;
- Currency fluctuations: Mastercard operates globally, exposing it to currency risk.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Mastercard stock
How to buy Mastercard stock?
To buy Mastercard stock, open an account with an online broker. Once your account is funded, type in MA in the search bar, decide the amount you want to invest, specify the order type, and place your order for execution.
How do I sell my Mastercard stock?
To sell your Mastercard stock, sign in to your broker account, navigate to your portfolio, then to Mastercard’s detail page, enter the number of shares or dollar amount you want to offload (again, you can choose between a market and a limit order), and tap sell.
Where can I buy Mastercard stock?
You can buy Mastercard stock with a regulated online brokerage like eToro.
Is Mastercard stock worth buying?
Whether Mastercard stock is worth buying depends on various factors, including its company performance, market conditions, and your own investment goals. It’s essential to conduct thorough research and consult with financial professionals before making investment decisions.
Does Mastercard pay a dividend?
Yes, Mastercard pays a dividend to its shareholders.
Can you invest in Mastercard with ETFs?
Being a part of both the S&P 100 and the S&P 500 indices, Mastercard is included in ETFs that track these indices as well as those focusing on the financial sector. Shares of such ETFs can be bought like individual stocks with your online broker.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
