Summary: Investing in Telegram isn’t possible at the moment, as the company’s stock isn’t available for the investing public. Nevertheless, you can still buy social network stocks of other companies through reputable brokerage platforms like 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.
About Telegram
Founded by Pavel Durov in 2013, Telegram is a cloud-based instant messaging app with a strong focus on user privacy and security. It has garnered over 1 billion registered users worldwide and offers features like encrypted chats, voice calls, and a growing ecosystem of apps and services.
Telegram has gained popularity for its commitment to keeping user data private, making it a notable player in the social networking sphere. Despite this, it’s currently impossible to buy Telegram stock, as the company isn’t publicly traded.
Top 3 alternative social network stocks
Since you can’t buy Telegram stock, let’s take a quick look at the top social network stocks that are actually publicly traded. The top 3 include:
- Meta Platforms Inc. (NASDAQ: META);
- Snap Inc. (NYSE: SNAP);
- Alphabet Inc. (NASDAQ: GOOGL).
Meta Platforms Inc.
Formerly known as Facebook, Meta Platforms Inc. is a tech giant led by Mark Zuckerberg. It owns popular social network platforms like Facebook, Instagram, WhatsApp, and Oculus. With billions of monthly active users across its services, Meta is a heavyweight in the social media world and a potentially lucrative investment opportunity.
META stock price today
Snap Inc.
Snap Inc. is the parent company of Snapchat, a multimedia messaging app. It’s known for its unique features like disappearing messages, stories, and augmented reality lenses, attracting a young and engaged user base.
SNAP stock price today
Alphabet Inc.
Alphabet Inc. is the parent company of Google, the world’s leading search engine. It also owns YouTube, the largest video-sharing platform globally. YouTube attracts billions of users who watch videos on a wide range of topics, which, therefore, makes it a significant player in the social networking and content creation space.
GOOGL stock price today
How to buy social network stock: Step-by-step
If you’re looking to buy any of the three mentioned social network stocks, or any other stock for that matter, you can follow our step-by-step guide right here:
Step 1: Choose a brokerage
The first step in buying any social network stock is to choose a reliable broker platform. However, this can be tricky as there are numerous of them out there. You should, therefore, choose one that offers the desired stock, has a user-friendly interface, offers low fees, and holds licenses from reputable regulatory bodies.
Our go-to brokerage for social network stocks is eToro—a widely popular brokerage with over 30 million users and licenses from regulatory bodies like FinCEN. Nevertheless, besides its registered accounts and licenses, it also offers a host of great features for investors of all kinds, including:
- Commission-free stock trading;
- Access to over 2,000 stocks from 17 different exchanges;
- The option to purchase fractional shares;
- A user-friendly platform that simplifies the trading experience.
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.
Step 2: Fund your account
Once you’ve chosen a brokerage, you’ll need to fund your investment account. Typically, you can do this by linking your bank account to your brokerage account. Still, be sure that you have enough funds to make the desired investment in social network stocks.
Step 3: Place your order
With your account funded, it’s time to place your order for your desired social network stock or any other stock of your choice. So, follow these sub-steps:
- Search for the stock: Use the ticker symbol (e.g., META for Meta Platforms) to find the stock on the brokerage platform;
- Choose your order type: You can place different orders, like a market order (buy at the current market price) or a limit order (specify the price at which you want to buy);
- Specify the quantity: Decide how many shares of your chosen stock you want to purchase;
- Review and confirm: Double-check all the details before confirming your order.
Pros and cons of investing in social network stocks
Investing in social network stocks offers potential rewards, but it’s essential to consider both the pros and cons:
Pros
- Global reach: Social network companies often have a global user base, providing exposure to diverse markets;
- User engagement: These platforms have high user engagement, which can translate into advertising revenue and continued growth;
- Innovation: Social networks are constantly innovating, adapting to user preferences and technological advancements.
Cons
- Regulatory risks: Social networks face increasing scrutiny from regulators regarding data privacy, content moderation, and antitrust concerns;
- Competition: The sector is highly competitive, with new entrants and changing consumer preferences;
- Volatility: Stock prices of social network companies can be volatile, influenced by news, user trends, and market sentiment.
Common mistakes to avoid when investing in stocks
To make informed investment decisions, it’s crucial to steer clear of common mistakes:
- Ignoring research: Don’t invest without researching the company, its financials, and its growth prospects;
- Overconcentration: Diversify your portfolio to reduce risk. Don’t put all your funds into a single stock;
- Impulsive trading: Avoid making hasty decisions based on emotions or short-term market fluctuations;
- Ignoring fees: Be aware of brokerage fees and transaction costs, as they can eat into your profits.
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 Telegram stock
Can I buy Telegram stock on popular brokerage platforms?
While Telegram is a well-known social networking company, its stock isn’t available on any stock brokerages as it’s not a publicly traded company.
What is the minimum amount needed to invest in social network stocks?
The minimum investment amount varies by brokerage and the stock’s current price. Nevertheless, some brokerages offer fractional shares, allowing you to invest with smaller amounts.
Are there any risks associated with investing in social network stocks?
Yes, there are risks such as market volatility, regulatory changes, and competition. It’s essential to research and assess these risks before investing.
Should I diversify my social network stock investments?
Diversification is generally advisable to spread risk. Consider investing in a mix of social network stocks or other industries.
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.
