Summary: Meta (Formerly Facebook) is one of the largest tech companies in the world, with a strong presence in some of the most profitable and fastest-growing technological sectors, including social media, consumer electronics, and virtual reality. To easily trade Meta shares in Australia, Australian investors can open an account with the online CFD trading platform Plus500.
Recommended Multi-asset Broker for Online CFD Trading
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Reliable & Regulated by CySEC (#250/14) - Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange
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Wide range of instruments - CFDs on stocks, crypto, forex, commodities, ETFs, and more
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Low cost investing - No commissions and tight spreads.
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Transparent pricing on overnight funding, currency conversion fees, guaranteed stop orders, and inactivity fees.
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Advanced platform - Top notch analytical tools, real-time quotes, fast order execution, secure withdrawals
About Meta
Meta Platforms (NASDAQ: META), formerly Facebook Inc., is an American multinational tech conglomerate operating social media platforms such as Facebook, Instagram, and WhatsApp, as well as a number of other products and services, such as the Metaverse. Together with Alphabet, Amazon, Apple, and Microsoft, Meta is considered one of the five largest tech companies in the U.S.
How to buy/sell or trade Meta stock CFDs in Australia: Step-by-step
Meta Platforms is listed on the NASDAQ as a class A common stock with the ticker symbol META. Being featured on the NASDAQ-100, S&P 100, and S&P 500 indexes, it is among the most prominent companies on the stock exchange.
To buy/sell, and trade Meta stock CFDs, Australian investors can take the following steps:
Step 1: Select a Broker
To trade meta shares in Australia, your first step is to find a reputable and regulated brokerage.
Our recommended broker for Australian investors is:
Plus500
- Free demo accounts;
- Multi-asset Contracts for Differences (CFDs) on over 2,000 financial instruments, including stocks, Forex, cryptocurrencies, ETFs, and commodities;
- Mobile app for convenient on-the-go investing;
- Convenient deposit options including PayPal, Visa, and Mastercard;
- Free withdrawals.
Recommended Multi-asset Broker for Online CFD Trading
-
Reliable & Regulated by CySEC (#250/14) - Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange
-
Wide range of instruments - CFDs on stocks, crypto, forex, commodities, ETFs, and more
-
Low cost investing - No commissions and tight spreads.
-
Transparent pricing on overnight funding, currency conversion fees, guaranteed stop orders, and inactivity fees.
-
Advanced platform - Top notch analytical tools, real-time quotes, fast order execution, secure withdrawals
Note
If you wish to explore other options and see if other platforms can help you realize your specific trading strategy, make sure you:
- Compare fee structures: Start by comparing commission and account maintenance charges to ensure they align with your financial plan. Keep in mind, though, that low fees are by no means the only desirable quality and that they should not come at the expense of other features listed below;
- Look for a user-friendly platform: Verify that the platform is user-friendly and able to cater to your investment requirements, especially if you are new to trading;
- Prioritize security: Prioritize brokers with robust cybersecurity measures and licenses issued by esteemed financial institutions;
- Evaluate customer support: Assess the responsiveness and accessibility of customer support;
- Check asset availability: Ensure that the platform can provide you with access to the specific financial instruments you intend to invest in;
- Explore additional features: Investigate whether the platform offers supplementary features such as research tools, chart patterns, and educational resources.
Step 2: Register and fund your account
After you’ve chosen a broker, the next step involves setting up an account. When registering, you’ll be required to provide the platform with your personal and banking info, connect your preferred payment method, and make an initial deposit so that you can actually start trading Meta shares.
The precise steps in this process will vary depending on the specific broker you’ve selected, and you might also have to meet the minimum deposit demands. For example, when registering at Plus500, you will have to deposit a minimum of $100.
Depending on the broker you’ve chosen, you will have the flexibility to fund your account through diverse methods, such as:
- Bank account transfers;
- Wire transfers;
- Third-party payment systems like PayPal;
- Transfers from other accounts;
Note
Step 3: Place your order
Once you have registered and funded your account, you can start investing. If you have registered an account with Plus500, you can:
- Log in on the broker’s platform;
- Find META stock CFDs;
- Specify the number of CFDs you want to buy/sell;
- Choose the order type, i.e., limit, stop-loss, etc.;
- Double-check your order details to ensure accuracy of information;
- Click or tap on the Buy or Sell button.
Meta stock price today
Pros and cons of investing in Meta
Pros
- Facebook, Instagram, and WhatsApp are among the most recognizable and widely used platforms in the world, with millions of daily logins;
- Meta has been making some strategically positive movies in the realm of advertising;
- The company could soon reach a market cap of $1 trillion.
Cons
- Meta has strong competition in the form of Microsoft, Apple, and similar tech giants operating in similar sectors;
- The company’s virtual reality platform, Metaverse, is not performing as expected, having become somewhat of a meme on the internet;
- Shareholders might face some risk as the company’s profits depend largely on ads.
How to trade meta shares in Australia safely
Investing always carries risk. To mitigate risks and enhance your chances of profiting, acquaint yourself with common investing mistakes and ensure you:
- Do your own research: Before investing, conduct thorough research on Meta and the industries it operates;
- Come up with a clear investment strategy: Develop a solid investment strategy and avoid investing blindly;
- Diversify: Diversify your portfolio by investing in various asset classes;
- Resist hype: Ensure that your trading decisions are not influenced by hype, social media trends, or short-term fads. Instead, base your choices on thorough fundamental analysis;
- Monitor your investment: When you invest in a company, it is important to monitor your investment’s performance and adjust your strategy accordingly;
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 trade Meta shares in Australia
Can you trade Meta shares in Australia?
Yes, Australian investors can buy/sell and trade Meta shares. To do so, you can register an account at an online brokerage such as Plus500.
How to trade Meta shares in Australia?
Australian investors can invest in Meta by opening an account at an online brokerage platform such as Plus500.
Does Meta pay a dividend?
No, Meta does not pay a dividend.
Does Meta offer a direct stock purchase plan?
No, Meta does not offer a direct stock purchase plan.
Recommended Multi-asset Broker for Online CFD Trading
-
Reliable & Regulated by CySEC (#250/14) - Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange
-
Wide range of instruments - CFDs on stocks, crypto, forex, commodities, ETFs, and more
-
Low cost investing - No commissions and tight spreads.
-
Transparent pricing on overnight funding, currency conversion fees, guaranteed stop orders, and inactivity fees.
-
Advanced platform - Top notch analytical tools, real-time quotes, fast order execution, secure withdrawals