Xiaomi is a Chinese company based in Beijing and operates in the technology and consumer electronics sector. It invests and manufactures budget, medium and high-end smartphones, applications, computers, appliances, accessories and much more.
In this article we are going to take a closer look at this company, to try to understand how to invest in Xiaomi corp shares in a safe and profitable way with online brokers.
The first mobile of the Chinese company was launched on the market way back in 2011 and has climbed every sales chart ever since. By 2014 it had become the largest company in the country. Today it is among the largest smartphone makers in the world, and is not afraid to take on giants like Apple, Samsung and Huawei.
This mobile phone giant can count on the help of over 15 employees, who work not only in China, but also in Singapore, Malaysia and India. However, the company is also expanding rapidly in South Africa, Indonesia and the Philippines.
Finally, it should be remembered that Xiaomi shares today are listed on the Hong Kong stock exchange and also on the NASDAQ in New York. Now we are going to find out how to buy Xiaomi shares with the best broker in the sector, or eToro.
How to buy Xiaomi shares with eToro
eToro arrived on the online broker market back in 2007 and today it can count on the regulation of CONSOB in Italy and CySEC for Europe. It is without a doubt one of the most popular trading platforms on the planet, thanks to over 10 million users.
It offers a lot of advantages for all those who want to know a way for how to buy Xiaomi shares at no cost. Furthermore, the platform is extremely easy to use and intuitive. This is one of the biggest advantages for those who want to execute Xiaomi purchase shares.
However, we cannot talk about eToro without mentioning its most important feature, automatic trading or copytrading. With this modern financial tool, everyone has the opportunity to earn thanks to the Xiaomi share value, automatically copying the actions made by the best traders.
It is a very useful tool that can help beginners to become familiar with the platform, without spending too many resources. One click is enough to copy a trader automatically and the profit is proportional to the invested capital. Would you like to know more? Follow these steps and sign up now!
1st step - Account opening
Access the official eToro page and fill in the free registration form. This is a simple process, but regulated by CONSOB, so you will also need to answer a series of questions to understand the level of experience you have with online trading.
The process can take up to 20 minutes to complete, but once the data verification is complete, you will be able to immediately start investing in Xiaomi stock value, even without making a deposit (demo mode).
2nd step - Deposit of capital
There are several payment methods accepted by this broker to allow more and more users to take advantage of its copytrading functionality. Among the many we mention bank transfer, credit cards (Visa and Mastercard) and electronic wallets.
Being able to also exchange cryptos with eToro, the possibility of withdrawing and depositing with cryptocurrencies has also been implemented. A secure payment method accepted by few providers at the moment.
3rd step - Trading in demo
If you are a beginner, don't jump into the fray without knowing the rules of the game. Start by trading in demo mode. In this way you will be automatically credited 10 thousand euros in virtual money to carry out your operations.
As soon as you feel ready, you just need a click of the mouse to switch to real trading mode. There you will be able to apply everything you have learned in demo and make profits like a real trader.
4th step - Trading with real money
As mentioned earlier however, eToro is most famous for its copytrading functionality. This allows anyone to copy the most experienced traders, making profits based on their resources.
Automatic trading is what novice traders are looking for, however, with eToro they can "have fun" applying their best strategies, even professional traders.
Xiaomi stock quotes in real time
Thanks to the eToro chart, it will always be possible to have a detailed and clear view of the trend of this stock. The chart offered by the platform is customizable and interactive, so you can always have your favorite trades at your fingertips.
How to create an account with Libertex
To trade online in a simple and safe way, you can also use Libertex. This online broker is regulated as well as eToro and in the same way used by many users around the world. Find out how to get started with its platform below.
You can follow these 3 simple steps to start trading in less than 10 minutes:
- Sign up on the official Libertex website by filling in the registration form.
- Finance your account by depositing your trading capital by credit card or bank transfer.
- Now you can start trading live like a real pro. And to cash in on your profits, don't forget to verify your identity.
To monitor your operations, you can also access the Libertex web page from smartphones and tablets. The site is perfectly optimized for iOS and Android devices, so you can check your profits even while on the move.
How much money to invest?
To buy Xiaomi Italian Stock Exchange shares it is not necessary to own huge capital. Small investors can use eToro to do this, which allows them to start with a 200 euro account.
Today it has become very easy to buy Xiaomi shares or other stocks in general. All you need is a PC or a portable device connected to the internet at hand. However, the most important thing is to rely only on brokers authorized by CONSOB.
To invest and earn, it is essential to follow the Xiaomi chart stock trend. Sometimes beginners just buy stock in the company and just wait for the stock to go up. What if the opposite happens? Don't worry, because eToro also allows you to sell short!
From this point of view, CFDs offer a big advantage over the traditional purchase of Xiaomi shares in the bank. Short selling is just one of many. Selling short means being able to sell the stock without actually buying it. This means you can earn on Xiaomi shares even if the stock goes on the stock market.
Is it worth investing in Xiaomi CFDs?
Contracts for difference, also known as CFDs, are financial instruments that brokers like eToro allow you to trade online. These allow traders to earn on a security, regardless of its performance.
The price of CFDs depends on that of the underlying security. In the case of Xiaomi Frankfurt shares this is the price of the stock index referring to the Hong Kong stock exchange.
Other advantages offered by these tools are:
- Possibility of earning on the stock, regardless of its performance
- Financial leverage, which allows you to use lower capital and obtain higher earnings
- Possibility to execute trades protecting the capital with Take profit and Stop loss
- No commission. eToro allows you to exchange CFDs without paying commissions
- Reliability. CONSOB regulated brokers allow you to trade in a quiet manner
In Europe today CFDs are the most used tools for investing. By using CFDs you have the security of trading with a regulated and cheap provider. With eToro you can buy Xiaomi euro shares easily and at very low prices. Moreover, even novice traders can do it.
Know Xiaomi to invest better
Previously we have already talked about the birth of this giant, but to invest in Xiaomi shares in a profitable way, it is better to go into more detail.
Lei Jun is the founder and also the CEO of this successful Chinese company. According to Forbes, his fortune amounts to 12 billion dollars and he is among the richest men in China and in the world.
Xiaomi started out as a simple startup and thanks to the investors who believed in it, it managed to raise 1,1 billion dollars, but today it has reached a capitalization of over 46 billion!
The flagship products of this Chinese company are above all cheaper than those of the competition, Samsung and Apple above all. However, they are considered to be of excellent workmanship, thanks to excellent construction methods and the use of excellent materials. If you had invested in Xiaomi stock at its inception, you would be rich today.
Xiaomi's value and market share
As mentioned earlier in this article, today it is not a problem where to buy Xiaomi shares, because you can use easy and safe platforms to use such as eToro.
Unlike what happened in the past, therefore, it is no longer necessary to buy Xiaomi shares and then wait for the stock to rise to earn. Like all companies go public, even the Xiaomi share price does not always move upwards.
Obviously this company can also have some downturns. However, thanks to the possibility of investing through CFDs, it is possible to earn regardless of the direction of the Xiaomi chart shares.
In the financial world, even a piece of news or a small acquisition is sometimes enough to bring traders to buy in bulk or to sell. Xiaomi shares are very strong and rather stable, however one must always monitor the latest market trends.
Xiaomi's stock predictions can change over the days, as these can also be affected by several factors that are not directly controlled by the company, such as:
- economy of the country
- cost of raw materials
- strengthening of competitors
The cost of Xiaomi shares therefore does not depend only on the good or bad choices of the company. Therefore, those who choose to buy shares of this giant will have to consider many factors before deciding the direction in which to move.
The basis of trading is diversification, that is, you must never bet the entire capital in a single asset, market or stock.
In recent years, Xiaomi has continued to grow, giving its investors more than 40% revenues, however profits are falling. This is partly due to the fact that the company focuses on cheap products.
Earnings are likely to rise again when the company decides to invest more in high-end services, which currently still represent less than 10% of total sales.
The best platform to buy Xiaomi shares is undoubtedly eToro. With this broker you can trade securely, starting with a demo account, before moving on to the one to use real money with.