Buy Facebook shares in Singapore
Facebook is the largest social network in the world and the company of the same name (Facebook Inc.) owns it. It was founded on February 4, 2004 by Mark Zuckerberg and his roommates at Harvard University - Eduardo Saverin, Dustin Moskowitz and Chris Hughes.
Facebook is one of the five most visited websites in the world. As of April 2017, the monthly audience of the network is 1.968 billion people. As of June 2017, Facebook's audience was 2 billion users.
Facebook Inc. owns other popular services such as Instagram, WhatsApp, workplace (corporate messenger) and Oculus VR.
Thanks to this site, Mark Zuckerberg became the youngest billionaire on the planet at the age of 23.
Facebook's revenue in the first quarter of 2020 reached $ 17.74 billion. This figure increased by 18% compared to the same period in 2019 - $ 15.08 billion. Net profit was $ 4.9 billion. Advertising sales, which account for almost all revenue of the social network , rose 17% to $ 17.44 billion.
Facebook's advertising revenue in the second quarter of 2020 amounted to $ 18.3 billion, which is 10% more than in April-June 2019. The company's total revenue was $ 18.7 billion (+ 11%).
Last year, the value of the company's shares increased by 35.23% and at the beginning of 2021 their value is $ 271.88.
Due to its popularity, as well as continuous growth in financial terms, Facebook is attracting lively interest from investors around the world. Singaporeans are no exception.
Let's take a brief look at how you can invest in Facebook stocks in Singapore.
How to invest in Facebook shares in Singapore?
You can make money from stocks in many different ways. It all depends on your experience and your willingness to take risks.
There is the option of dividend income, where you invest a certain amount of money in a company and receive a guaranteed amount of income, previously agreed by contract. The amount of this payment is determined by the shareholders' meeting and can be of varying amounts. Sometimes companies pay up to one third of the net profit to their shareholders. Each company has its own payout policy.
If experience allows, it is possible to trade in derivative instruments. CFDs, called contracts for difference, are very popular.
CFD trading allows you to make a profit on shares, even if the share price falls, because it consists of your prediction of the price value. If you predict a fall in the price of a share and the price falls, you make a profit.
That said, leverage is a good option where you can increase the size of your investment by using what is known as leverage.
Derivatives trading is often a faster way to invest in the stock market.
However, you should be aware that when investing in derivatives you will only benefit if your predictions about the health or depreciation of the stock are correct at the time the trade is closed. Therefore, your experience and ability to analyse the stock market is important to make correct predictions.
Choose the type of investment according to your aspirations. Decide for yourself whether you want to make money as soon as possible or whether you want to protect your capital from possible depreciation now and earn income in the future. This will affect the type of investment you choose, whether short term or long term. Depending on the type of investment, your strategy will also differ. It is also imperative that you determine the amount of your initial investment. We suggest that you start with small amounts, when your trading experience is still small, or even more when you are a newcomer. Invest that amount of money that, in case of a loss due to a failed trade, will not mean a big financial loss for you.
How to buy Facebook shares in Singapore?
If even a several years ago an ordinary Singapore resident could not even dream of investing in a foreign company as big and well-known as Facebook, it is now quite possible to do so. The modern world with its new digital technologies has opened the door to the world of online investing for anyone with a laptop and an internet connection, as well as, of course, the willingness to learn and take risks. Investing online is the absence of the need to visit bank institutions, stock exchanges, waste your valuable time to arrange a meeting time with your broker to solve technical and legal problems and obtain important information. All of the above you can easily do without leaving your home, in a comfortable environment and at any time of the day. The first thing you should do is to search the Internet for a list of available online brokerages that trade Facebook shares. When choosing a broker, we advise you to pay attention to the reviews of experienced investors about their activities, as well as to take into account the size of commissions that the brokerage house exposes for each of the services. Also take into account when the brokerage firm was founded and what kind of experience it has.
When you have decided on a broker, register with their online investment platform. To do this, simply go to the platform's homepage, click on the "register" button, in the registration form that opens, enter your username, your email address and enter a complex password. After the standard email verification process, your account is ready to use.
After completing these steps, log in to the platform by entering the email address you specified during registration in the "login" field and, accordingly, the password in the "password" field. After the first authorisation, the system will offer you to open an account, demo (test) or real. You will be able to choose from which account you will start your work. But all experienced investors recommend starting their investment activities with a demo account, with which you can practice trading without risking your own funds. A demo account is opened for free, the amount of fictitious funds on the account is usually $10,000. This amount is sufficient for you to try to invest at your discretion, while monitoring the result. You can use such an account for as long as you wish, the amount of fictitious funds can be restored, if necessary, as many times as you need.
A real account works in exactly the same way as a fictitious account, but to start working with this account, you must replenish it with real, not fictitious, funds. As a general rule, this is a sum of at least $10. You can make deposits using any of the payment systems offered on the platform. The funds are almost always credited instantly to the account, but sometimes the crediting time can take up to five banking days.
You can usually withdraw the money using the same payment systems with which you replenished your deposit.
Online trading platform for investing in Facebook shares
Online investment opportunities software are called platforms. They are designed so that they can be used on different devices and in different versions. You can use a computer and a tablet or phone at the same time. All your data is instantly and simultaneously synchronised across all the devices from which you entered the platform. Thus, all the capabilities of the platform will be available to you wherever you are, with only your mobile phone at hand.
All online trading platforms are equipped with modern analytical tools for the convenience of trading. At your service there are charts and graphs of stock quotes, all kinds of indicators, the ability to view price fluctuations for any period of time, including hourly.
The online trading platform is, in fact, your access to real-time market monitoring, uninterrupted, 24/7.
You will also have access to chat for the possibility of interactive communication and exchange of experiences with other traders using the same trading platform. In this case, you can write messages in the chat with your own surname or use a pseudonym that the system will automatically assign to you when you click on the "incognito mode" option.
Another advantage of the platform is the availability of free lessons in the form of articles or videos. We strongly recommend that you check them out.
In the "news" section, you will see the latest news from the economy and companies whose shares are listed on the market.
With such a powerful arsenal of opportunities at hand, you will definitely want to try your hand at investment activities, so don't hesitate to register on the platform.
How to start investing in Facebook shares in Singapore?
Let's summarise how to buy Facebook shares in Singapore online.
First, choose a broker. To do this, explore all available brokers operating online in Singapore with Facebook shares.
Make a simple registration on the website of the selected brokerage firm. After completing the registration, you will have access to an online investment platform where you can learn how to trade Facebook shares through a demo account.
Explore the platform for trading Facebook shares, where various analysis and trading tools are available: current information about the company, up or down price charts, indicators for technical analysis of fluctuation data, as well as trading tools such as a stop loss function, a multiplier and more.
In addition, step by step, this is the replenishment of your account, in fact, buying shares, trading and withdrawing profits.
Hopefully the last step, profit withdrawal, is always present in your scheme. To do this, you must constantly polish and improve your knowledge in investment science.
To achieve good results in trading, follow the activities of the company you invest in.
We also advise you to keep abreast of all economic and political developments in the country and the world, as they relate to factors that also have an impact on possible changes in the stock market.
We hope that your desire to achieve good investment results will be crowned with success.