![How to Buy Fortnite Stock [2023]](https://assets.finbold.com/uploads/2023/11/how-to-buy-Fortnite-stock-1.jpg)
Summary: Fortnite is a wildly successful battle royale game developed by Epic Games. Those looking to buy Fortnite stock can buy shares of Tencent Holdings, which owns a significant stake in Epic Games, via our recommended broker, eToro.
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What is Fortnite?
- Fortnite Battle Royale: A free-to-play game where 100 players compete to be the last one standing in an action-packed battle royale setting;
- Fortnite: Save the World: A cooperative game blending tower defense and shooter genres, where teams of up to four players work together to fight off zombie-like creatures and protect their base with defensive structures;
- Fortnite Creative: A mode offering players total freedom to design and build their own worlds and battle arenas, tapping into their creativity without constraints.
While all modes have contributed to the game’s success, Fortnite Battle Royale has become the standout title, drawing over 125 million within its first year.
Beyond just redefining gaming culture, Fortnite has proven to be immensely profitable. Indeed, as of 2023, it has acquired a remarkable $26 billion in gross revenue and amassed a massive base of 500 million registered users, with 231 million returning monthly as active users.
Note
About Tencent Holdings
Tencent Holdings Limited (SEHK: 700) is a multinational conglomerate with a diverse portfolio that includes various internet-related services and products across multiple sectors, including entertainment, artificial intelligence, and technology. It’s one of the world’s top-grossing companies in the multimedia sector as well as the largest company in the video gaming industry based on its investments, including a 40% stake in Epic Games.
Tencent trades on the Hong Kong Stock Exchange under the ticker 700, and its stock is available with international brokers, such as eToro.
How to buy Fortnite stock? Step-by-step process
To invest in Fortnite, you need to invest in Tencent Holdings. Here’s how to proceed:
Step 1: Choose a broker
Select an online broker with access to the Hong Kong Stock Exchange. We recommend eToro for its:
- Commission-free stock and ETF trading;
- Wide access to international stock exchanges;
- Opportunity to purchase fractional shares;
- Straightforward platform interface.
Highly Rated Stock Trading & Investing Platform
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Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
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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.
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Copy top-performing traders in real time, automatically.
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eToro USA is registered with FINRA for securities trading.
For those interested in gaming stocks, here’s a snapshot of notable games and the publicly traded entities behind them:
- Grand Theft Auto (GTA) – Take-Two Interactive Software;
- Super Mario – Nintendo;
- Minecraft – Microsoft Corporation;
- Skyrim – Microsoft Corporation;
- Halo – Microsoft Corporation;
- Call of Duty – Activision Blizzard (acquired by Microsoft in October 2023);
- World of Warcraft – Activision Blizzard (acquired by Microsoft in October 2023);
- Diablo – Activision Blizzard (acquired by Microsoft in October 2023);
- Apex Legends – Electronic Arts;
- FIFA – Electronic Arts.
Step 2: Place your order
Once you’ve selected a broker and created an account, follow these steps to buy Fortnite stock:
- Deposit funds into your trading account;
- Find Tencent Holdings using the ticker symbol 700;
- Choose the order type – market or limit order;
- Decide on the investment amount or number of shares;
- Confirm the transaction details before finalizing your order.
Step 3: Monitor your investment
To stay up to date with your investment in Tencent Holdings, periodically review Tencent’s financial reports, set up news alerts for the latest company updates, and monitor market trends that could affect its stock price. Use investment tracking apps for real-time alerts on price changes and explore Tencent’s investor relations site for official communications. Additionally, consider the wider regulatory and economic developments, particularly those pertaining to China’s tech sector, which can have a significant impact on Tencent’s business operations.
Pros and cons of investing in Tencent Holdings (Fortnite)
Pros
- Diverse portfolio: Tencent’s investments are not limited to gaming; they include various Internet-related services. This diversification can mitigate risk as the company is not reliant on a single sector;
- Innovation leader: Tencent is at the forefront of innovation in China, especially in AI and technology. Their research and development can lead to growth and new revenue sources;
- Strong user base: Platforms like WeChat offer Tencent a massive user base for cross-promotion of services and monetization through advertising and additional services.
Cons
- Political risks: Geopolitical tensions, especially between China and the U.S., can pose risks for Chinese companies listed on foreign exchanges.
- Market competition: The tech and gaming industries are highly competitive. Tencent must constantly innovate to maintain its market position against both domestic and international competitors;
- Intellectual property risks: As a publisher of games and other content, Tencent could face challenges related to intellectual property rights and licensing, which could affect its gaming revenues.
FAQs about how to buy Fortnite stock
Can I buy Fortnite stock directly?
No, since Epic Games, Fortnite’s developer, is a private company. However, you can buy shares of Tencent Holdings, a major shareholder of Epic Games, to indirectly invest in Fortnite.
Is Fortnite a public company?
No, Fortnite is developed by Epic Games, which is privately held, but Tencent Holdings, an investor in Epic Games, is publicly traded.
What is the ticker symbol for Tencent Holdings?
Tencent Holdings trades under the ticker symbol 700 on the Hong Kong Stock Exchange.
How to buy Fortnite stock?
To invest in Fortnite, buy shares of Tencent Holdings via a regulated broker that provides access to the Hong Kong Stock Exchnage, such as 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.
