![How to Buy Volkswagen Stock [2023]](https://assets.finbold.com/uploads/2023/11/how-to-buy-Volkswagen-stock-1.jpg)
Summary: Volkswagen Group, a leading global automotive manufacturer, is listed on several exchanges, including the Frankfurt Stock Exchange. To buy Volkswagen stock, opt for a reputable broker platform like eToro that offers access to international markets.
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.
About Volkswagen Group
The Volkswagen Group has a primary listing on the Frankfurt Stock Exchange (FWB) as well as secondary listings on both the Luxembourg Stock Exchange and the SIX Swiss Exchange. It is a constituent of the DAX index comprising the 40 major German blue chip companies trading on the Frankfurt Stock Exchange.
How to buy Volkswagen stock? Step-by-step process
Follow these steps to buy Volkswagen stock.
Step 1: Choose a broker
Select a reliable broker with access to international exchanges. Factors to consider include fees, user experience, customer support, and regulatory compliance. eToro, known for its user-friendly interface and commission-free trading, is our recommended choice.
eToro’s platform offers:
- Commission-free stock trading;
- Access to global stock exchanges;
- Fractional shares;
- Copy-trading and Smart Portfolios.
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.
- Ferrari;
- Rimac;
- BMW;
- Ford;
- Toyota;
- Honda;
- Hyundai;
- Renault;
- Jeep;
- Subaru;
- Volvo;
- Cadillac;
- Kia;
- Lexus;
- Mazda;
- Nissan.
Each company on this list holds a unique place in the automotive industry, encompassing a variety of market segments, from high-end luxury and sports cars to widely accessible mass-market vehicles.
For those interested in focusing specifically on the electric vehicle (EV) sector as an alternative or complement to traditional automotive stocks, there are several companies leading the charge in this innovative and rapidly growing field. Here are key players in the EV market to consider:
- Tesla;
- Lucid Motors;
- Rivian;
- Nio.
Step 2: Open and fund your account
After choosing a suitable brokerage, the next step in buying Volkswagen stock is to open and fund your trading account. Begin by completing the registration process on your selected brokerage platform and providing all necessary personal and financial details as required.
Once your account is set up, fund it with enough capital to cover your intended stock purchase and any potential transaction fees. This can typically be done through various methods, such as bank transfers, credit cards, and PayPal, depending on the options offered by your broker.
Step 3: Place your order and buy Volkswagen stock
Once you’ve selected your broker and funded your account, you’re ready to place an order for Volkswagen shares. Here’s a simple list to guide you through this process:
- Log into your brokerage account: Access your account using the online platform or mobile app of your chosen broker;
- Search for Volkswagen stock: Look up Volkswagen using its ticker symbol. For the Frankfurt Stock Exchange, it’s typically listed as VOW or VOW3; on eToro as VOW3.DE;
- Select the ‘Buy’ option: Navigate to the trading interface and choose the option to buy shares;
- Choose your order type: Decide whether you want a market order (buying at the current market price) or a limit order (where you set a specific price at which you’re willing to buy the stock);
- Enter the number of shares or investment amount: Specify how many shares of Volkswagen you want to buy or the total monetary amount you wish to invest;
- Review your order: Double-check the details of your order, including the total cost, the number of shares, and the type of order you’ve chosen;
- Confirm and execute the order: Once everything looks correct and you’re satisfied with your choices, confirm and place your order;
- Monitor your investment: After purchasing the stock, keep an eye on your investment. Track the performance of Volkswagen shares and stay informed about the company’s news and market trends.
Volkswagen stock price today
Pros and cons of buying Volkswagen stock
Pros
- Diversified portfolio: Volkswagen owns a range of brands across various segments of the car industry, offering a diversified investment in the automotive sector;
- Strong global presence: As one of the world’s largest automobile manufacturers, Volkswagen has a significant global footprint, giving it a competitive edge in various markets;
- Commitment to EVs: Volkswagen has been actively investing in the development and production of electric vehicles, positioning itself to be a major player in the future of sustainable transportation;
- Innovative technology: The company is known for its innovation in automotive technology, which can be a key driver for future growth;
- Stable financial performance: Historically, Volkswagen has shown stable financial performance, which can be an indicator of a potentially reliable investment. It is also a divided-paying company.
Cons
- Market fluctuations: The automotive industry is subject to economic cycles, which can affect Volkswagen’s stock performance;
- Regulatory challenges: The automotive industry, especially in transitioning to electric vehicles and meeting environmental standards, faces numerous regulatory challenges that can impact operations and costs;
- Competition: The market is highly competitive, especially with the rise of new players in the electric vehicle sector, which could challenge Volkswagen’s market share and profitability;
- Past controversies: Volkswagen has faced significant controversies in the past, such as the emissions scandal, which have affected its reputation and could pose a risk to investor confidence;
- Global supply chain vulnerabilities: The company, like others in the automotive sector, can be vulnerable to disruptions in global supply chains, impacting production and costs.
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 Volkswagen stock
How to buy Volkswagen stock online?
Volkswagen stock is available through regulated brokers with access to international stock exchanges.
Does Volkswagen distribute dividends?
Yes, Volkswagen is a dividend-paying company; check the current dividend yield for up-to-date information.
What is Volkswagen stock symbol?
The stock symbol for Volkswagen is VOW/VOW3 on the Frankfurt Stock Exchange. On eToro, it is listed as VOW3.DE. Note that different trading platforms and exchanges may use slightly different symbols for the same company.
How to buy Volkswagen stock in USA?
To buy Volkswagen stock in the USA, you need to select a brokerage firm that offers access to international stocks. We recommend eToro for this purpose, on which VW trades under VOW3.DE. Once you’ve chosen a suitable broker, you’ll need to open and fund an account, providing the necessary identification and financial information. After your account is set up and funded, search for Volkswagen, decide on the number of shares you wish to purchase, and place your order using either a market or limit order, depending on your investment strategy.
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.
