Xiaomi is a Chinese company based in Beijing and operates in the technology and consumer electronics sector. It invests and manufactures mid-range and high-end smartphones, applications, computers, appliances, accessories and much more.
In this article we will take a closer look at this company, to try to understand how to invest in Xiaomi corp stocks safely and profitably with online brokers.
The Chinese company's first mobile phone was launched in 2011 and has since climbed all sales rankings. Already in 2014 it had become the largest company in the country. Today it is among the largest smartphone manufacturers in the world, and is not afraid of facing giants such as Apple, Samsung and Huawei.
This mobile phone giant can count on the help of over 15 thousand 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 undoubtedly one of the most popular trading platforms on the planet, thanks to over 10 million users.
It offers many advantages for all those who want to know a way to buy Xiaomi shares at no cost. The platform is also extremely easy to use and intuitive. It is one of the biggest advantages for those who want to perform Xiaomi purchase actions.
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 become familiar with the platform, without spending too many resources. Just one click is enough to copy a trader automatically and the profit is proportionate to the invested capital. Would you like to know more? Follow these steps and sign up now!
1st step - Opening the account
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 exchange cryptos with eToro, the possibility of making withdrawals and deposits also with cryptocurrencies has 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 perform your operations.
As soon as you feel ready, you only need to click on the mouse to switch to real trading mode. There you will be able to apply everything you learned in demo and get profits as a real trader.
4th step - Trading with real money
As mentioned earlier though, eToro is most famous for its copytrading functionality. This allows anyone to copy the more experienced traders, making gains based on their resources.
Automatic trading is what novice traders are looking for, however, with eToro they can "have fun" in 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 progress of this title. The graph offered by the platform is customizable and interactive, so as to have your favorite operations always at hand.
How to create an account with Libertex
To trade online easily and securely, you can also use Libertex. This online broker is regulated as well as eToro and in the same way used by many users all over the world. Find out how to start using 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 professional. And to cash in on your profits, don't forget to verify your identity.
To control your operations, you can also access the Libertex web page from smartphones and tablets. The site is perfectly optimized for iOS and Android devices and therefore you can check your profits even while you move.
How much money to invest?
To buy Xiaomi Italian stock shares you don't need to have huge capitals. Small investors can use eToro to do it, which allows you to start with a 200 euro account.
Today it has become very simple to buy Xiaomi shares or other titles in general. All you need is a PC or portable device connected to the internet. 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 stock trend. Sometimes beginners simply buy shares 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!
CFDs from this point of view offer a big advantage over the traditional purchase of Xiaomi shares in the bank. Short selling is just one of many. Selling in the open means being able to sell the security without the need to actually buy it. This means being able to earn on Xiaomi shares even if the stock goes down on the stock exchange.
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:
- Opportunity to earn on the title, regardless of its performance
- Financial leverage, which allows you to use lower capital and achieve 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 calm way
In Europe today CFDs are the most used tools for investing. By using CFDs you have the security of operating with a regulated and economic provider. With eToro you can buy Xiaomi euro shares easily and at very low prices. In addition, 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. His fortune according to Forbes amounts to 12 and a half billion dollars and is among the richest men in China and the world.
Xiaomi started 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 of excellent workmanship, thanks to excellent construction methods and the use of excellent materials. If you had invested in Xiaomi shares at its birth, you would be rich today.
Xiaomi's value and market share
As mentioned previously in this article, today it is not a problem where to buy Xiaomi shares, because you can use easy and safe platforms to use like eToro.
Unlike what once happened, therefore, it is no longer necessary to buy Xiaomi shares and then wait for the title to rise to earn. Like all companies listed on the stock exchange, the Xiaomi stock 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.
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 forecast actions can change over the days, as these can also be influenced 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. Those who choose to buy shares of this giant therefore 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 security.
In recent years Xiaomi has continued to grow, making its investors earn more than 40% revenues, however profits are falling. This is also partly due to the fact that the company focuses on cheap products.
Profits 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 with which to use real money.