How to Invest in Amazon from UAE (2024 Update)

The fast and booming e-commerce growth over the past two decades made investors around the world asking “how to invest in Amazon from UAE.”

In this article, you will have answers on the below questions, and some more:

• How to buy Amazon stock from UAE?
• How much would I have if I invested $1000 in Amazon in the 90s?
• What are some of the different ways to invest in Amazon from UAE?

The USA based company is considered one of the biggest the tech companies, along with Google(Nasdaq: GOOGL) , Apple (Nasdaq: AAPL) and Facebook (Nasdaq: FB). In addition to e-commerce, Amazon (Nasdaq: AMZN) has large contribution in the digital streaming, artificial intelligence and cloud computing business. Amazon is also investing in electric cars and self-driving car technology.

Amazon's Stock History:

Over time, Amazon stock (AMZN) has seen a steady progress. On May 1997, Amazon shares were selling for $1.73 each.

Over time, Amazon stock grew in value following that initial public offering (IPO).

A $1000 investment made in June 2011 would be worth $17,957.70, or a gain of 1,695.77%, as of June 11, 2021, according to Yahoo Finance calculations. This return excludes dividends but includes price appreciation.

Similar to almost all tech stocks, Amazon took a hit during the stock market crash 10 years ago. However, the overall trend has been positive. Indeed.

At the time of writing this article, Amazon stock sells for nearly $86 per share (as of January 2023) and after stock split in 2022.

Here is the historical chart of Amazon stock for the past 5 years. On January 2018, the stock price was $65,  5 years later, it’s now traded at $86

How to Invest in Amazon from UAE:

There are several ways to invest in Amazon if you are living in Dubai or in UAE in general.

1. Buy Amazon stock through an online broker
2. Buy Amazon stock CFD through trading platform
3. Buy an ETF that holds Amazon stock
4. Buy Amazon stock through a Financial Advisor in UAE

1. Buy Amazon Stock Through an Online Broker:

If you want to buy Amazon share and own the stock in UAE, you can open an account with an online broker. However, it’s highly recommended that you look for brokers that is trusted with minimal trading fees.

The best and most popular online broker to invest in Stocks and fractional stocks in UAE is eToro.

Here are the steps of buying Amazon stock through eToro:

Step1: Register to eToro

Click here to visit eToro website, choose a username, email, password, read the terms & conditions, accept them if you wish and click Join now

Step 2: Verify Your Account

Follow the steps of verifying the account and provide the required information that includes your personal details and proof of your identity and residential address.

After finishing the verification process, it will take eToro a couple of days to check the information and get your account fully verified.

Step 3: Fund your account

eToro accepts different types of payment methods including wire transfer, PayPal, Skrill, Neteller, Visa, MasterCard.

You must know that the minimum deposit is $200 and platform won’t allow you to deposit less.

Step 4: Buy Amazon Stock!

Now you have your account verified and funded. It’s time to buy your favorite stock.

You can find amazon stock by writing “Amazon” in the search box above

One you click on Amazon stock, click “Trade”, choose the amount you want to buy, and Amazon stock will be in your portfolio

> For further details, check out our How to Buy US Stocks from UAE article.

 

2. Buy Amazon Stock CFD Through Trading Platform:

Another way of investing in Amazon from UAE is to buy the stock CFD.

When you buy the CFD, you don’t actually own the stock, but rather you bet on the price movement. In other words, if you make a long “Buy” position, and the price goes up, you make money, and vise versa.

Now the question that will come to your mind, “Why do would I want to buy the stock CFD while I can own the stock itself?”

Actually, many investors and traders prefer CFDs trading to owning the stock because CFD brokers provide you with leverage. It means that if you invest $1,000, you can open large positions as if you are trading with $10,000 and $100,000, and make the same profits as you are trading with those big amounts, thanks to the leverage.

Our recommended CFD brokers in UAE is XTB.

XTB received the ‘Best Trading Platform’ award in 2016 and was voted the top-rated Forex and CFD Broker in 2018 in the Wealth and Finance International Awards.

They make trading simple, and their customer support helps you out with anything you want from opening your account until making your trades.

3. Buy an ETF That Holds Amazon Stock:

If you don’t want to invest in one individual stock because you think it’s risky to put your money in one asset, but still you want to get an exposure to Amazon, then you might want to consider investing in an ETF that holds Amazon along with other technology and next generation internet companies.

There are many great ETFs that give you an exposure to Amazon. Below you can find an example. One of the best ETFs for investing in Amazon and technology sector in general:

Vanguard Information Technology

This ETF tracks a broad index of companies in the information technology sector which the company considers to be the following three areas; software, consulting, and hardware.

5 Years Performance: 277%

PopularHoldings: Apple, Microsoft, Google, Visa

ETF Symbol: VGT – 25%

How to Invest in ETFs in UAE?

To buy ETFs in UAE by yourself, you must have an account with a brokerage firm registered with the exchange where you want to trade ETFs.

We highly recommend eToro especially if you are not an expert. It has ZERO commission for trading stocks and ETFs. Also, you can benefit from the social trading and watch other people portfolios, and copy the trades of the most successful traders.

> Check out our other article: 5 ETF Portfolio Ideas You Can Start from the UAE

4. Buy Amazon Stock Through a Financial Advisor in UAE:

If you don’t know how to do it yourself, or you don’t have the time to research and monitor the news and markets, you can use the help of a financial advisor. It’s their job to be always updated with market trends and potential opportunities. You can tell them that you want to invest in Amazon, and they will help you setting your investing account, advise you with the best time to enter the market, and help you out building a stocks portfolio that will enable you to achieve your financial goals,

You can do your own research to find the best financial advisor in UAE. Also, you can check our recommended list. We chose this list carefully based on popularity, good reviews, the strength of the companies they work for, and the range of products and solutions they provide.

Bottom Line:

Amazon is the leader in the e-commerce industry, and it’s expected to remain leading the industry for many years. Therefore, if you missed the chance to invest in it in the past, it’s never too late, but the most important thing to start now! Wish you all a successful and a safe trading!