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How to Buy BrainChip Stock [2024] | Invest in BRN

How to Buy BrainChip Stock
Bogdan Stojkov

Summary: Investing in BrainChip (BRN), one of the biggest tech companies out there, is available for all investors due to its stock being publicly traded. After thorough research, we’ve concluded that the most convenient way to buy BRN stock is through a regulated brokerage, eToro.

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.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

About BrainChip

BrainChip Holdings Ltd (BRN) is a technology company that specializes in the design and development of artificial intelligence (AI) and machine learning (ML) solutions.

The company’s innovative technology focuses on neuromorphic computing, which aims to replicate the functioning of the human brain in silicon chips. BrainChip’s solutions find applications in various sectors, including surveillance, security, gaming, and more.

BrainChip homepage. Source: brainchip.com

BrainChip IPO

BrainChip went public by conducting an IPO on the Australian Securities Exchange (ASX) under the ticker symbol BRN. The IPO allowed investors to become partial owners of the company by purchasing its shares. Since then, investors can buy and sell BrainChip shares on the ASX through various brokerage services.

How to buy BrainChip stock: Step-by-step

If you’re interested in buying BRN stock, you can follow our step-by-step guide below:

Step 1: Choose a reliable stock brokerage

To begin your investment journey, you’ll first need to choose a reputable stock brokerage that provides access to the ASX. Additionally, you should look for a brokerage that offers user-friendly platforms, competitive fees, and good customer support.

When it comes to our go-to brokerage for buying BRN stock, it’s eToro. This is a licensed and regulated brokerage by ASIC in Australia and FinCEN in the US. eToro is also used by over 30 million investors worldwide because it provides:

  • Commission-free stock trading; 
  • 2,000+ stocks (BRN included) 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.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Step 2: Open a brokerage account

Once you’ve selected a brokerage, you’ll need to open an account. This typically involves providing your personal information, verifying your identity, and funding your account. Therefore, just follow the brokerage’s instructions to complete the account setup process and funding. Regardless of which broker you pick, the process will be straightforward.

Step 3: Conduct research

Before buying BrainChip stock, it’s crucial to conduct thorough research. So, be sure to review the company’s financial statements, stock market news, industry trends, and any other relevant information. By doing so, you’ll help yourself to make an informed decision about whether to invest in the company at all.

Step 4: Place an order

After completing your research, you’ll be ready to place an order to buy BrainChip stock. Hence, log in to your brokerage account, navigate to the trading platform, and search for the BRN.ASX ticker symbol.

Nevertheless, before you place an order, you’ll need to choose the type of order you want to place. A market order allows you to buy at the current market price, while a limit order sets a specific price at which you’ll be buying.

Step 5: Review and confirm

Before confirming the stock purchase, we suggest that you carefully review your order. As such, be sure to double-check the number of shares you’re buying and the order details. And only once you’re satisfied should you confirm the order.

Step 6: Monitor your investment

Confirming the order isn’t the end of buying stock. Namely, it’s key to keep a close eye on your investment. You can do so by monitoring the company’s performance, industry trends, and market conditions. All this will help you make informed decisions about whether to hold, buy more, or sell your shares.

BRN stock price today

Common mistakes to avoid when buying stock

Not doing enough research is one of the most common investing mistakes novice investors make. However, you shouldn’t rush into an investment—regardless if it’s BrainChip or some other company—without understanding the company, its products, and its market can lead to poor decisions. Nevertheless, you should also avoid:

  • Overlooking fees: Brokerage fees can impact your overall returns. Be sure to consider the fees associated with buying and selling stocks;
  • Emotional investing: Making investment decisions based on emotions rather than facts can lead to impulsive choices;
  • Ignoring diversification: Putting all your funds into a single stock can increase risk. Diversifying your portfolio with different stocks can help manage risk;
  • Market timing: Trying to time the market perfectly is challenging and often counterproductive. Focus on long-term goals rather than short-term market fluctuations.

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 BrainChip stock

Can I buy BrainChip stock directly from the company?

No, you can only buy BrainChip stock through a stock brokerage that offers access to the ASX.

How do I decide how many shares to buy?

The number of shares you buy depends on your investment goals, risk tolerance, and available funds. It’s important to create a balanced portfolio.

Can I sell my BrainChip shares at any time?

Yes, you can sell your shares whenever the stock market is open and trading is active. Keep in mind that stock prices can fluctuate, so timing your sale is important.

Do I need a lot of money to invest in stocks?

No, you can start investing with a small amount of money. Some brokerages offer the option to buy fractional shares, allowing you to invest even with a limited budget.

What taxes do I need to consider when selling stocks?

Capital gains tax may apply when you sell stocks at a profit. Consult a tax professional to understand your tax obligations.

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.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

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