Today it is possible to buy Unicredit shares also online through easy-to-use financial instruments such as CFDs. Many still wonder if it is more profitable to trade Unicredit Spa shares in this way or if the old banking method is still valid. In this article, we will answer this question and also see how to trade Unicredit shares in real time with the best platform in the industry.
Compared to the old investment through a bank, CFDs offer numerous advantages, such as:
- Practicality of use - Bureaucracy is practically absent, moreover, you can invest and disinvest at any time (which is not possible once you have purchased the shares through the bank) and you avoid wasting time in consulting and authorizations.
- Less expenses - Regulated brokers such as eToro do not charge commissions for trading CFDs on the value of Unicredit shares and therefore the profit margin is larger than with bank investment.
- It's more convenient - By investing through an online broker, you can follow the Unicredit share price in real time from home via your PC, or while out and about via your smartphone or tablet.
- Earnings in any direction - It does not matter if the Unicredit Borsa Italiana shares collapse, if you had foreseen it with the opening of your position in Short, you can still earn. By investing through a bank, however, you will only get a profit if the Unicredit share price increases.
Generally, to trade Unicredit shares we recommend using eToro, a safe and reliable broker, but above all regulated, which allows you to operate through a simple to use software, which offers flexible and modern financial instruments.
If you are a beginner, eToro is the platform that best suits your needs, as it also allows you to communicate with other traders through its social functions, such as copytrading. This feature allows you to automatically copy the shares of top traders.
How to buy Unicredit shares with eToro
eToro is an online broker that allows you to know the value of Unicredit shares and to trade in a safe and reliable way, with a few simple clicks. The beauty is that unlike an investment in a bank, where Unicredit shares are purchased directly, eToro does not charge commissions, which means that it is possible to obtain greater profits.
This broker is certainly not the newcomer. It is used by around 10 million users around the world and for this reason, it can be considered a real leader in the sector.
It is a platform designed especially for beginners, but this does not mean that it cannot also be used by professionals to apply their trading strategies. However, novice traders can take advantage of a flexible and modern solution such as copytrading, to copy the shares of the best traders and make safer profits. To start trading Unicredit shares today, just follow the steps below:
Step 1: sign up for the platform
To start following the Unicredit shares trend and trading CFDs, you need to register on the site as a first step. Log in to the official page, access the registration form, fill it out in its entirety and your account will be opened in a few moments.
We remind you that eToro is a regulated platform and as such, requires the completion of a questionnaire to know the level of customer experience and the verification of their identity within 30 days, especially to withdraw their profits.
Step 2: deposit of trading capital
Now that you have opened a new account, you can start trading Unicredit bank shares, but only in demo mode. If you want to do it live, you will have to pay in the trading capital. As mentioned above, eToro is perfect for beginners, also because it allows you to start with just 200 euros.
The platform allows you to make deposits with a wide range of different payment methods, including wire transfers, credit cards, e-wallets and, of course, modern cryptocurrencies.
Step 3: practice makes perfect
Before starting to wonder what to do about Unicredit shares, it is necessary to gain experience with the eToro platform, which although it is very simple to use, must be studied before jumping headlong into actual trading.
In demo mode you can do everything you can do live, including the purchase and evaluation of Unicredit shares. Once you have built up the necessary experience, you can switch to live mode with a single mouse click.
Step 4: Live Unicredit stock trading
By switching to live mode, it will be possible to exchange the Unicredit shares value like real professionals. Furthermore, it will be possible to apply your own trading strategies, verified their goodness in demo mode.
Those who prefer it, however, can also use the copytrading mode, which allows you to automatically copy the actions of the best traders and therefore, also their results. eToro is a social platform, perfect for this type of business.
How to create an account with Libertex
Libertex is another platform that users can use for online trading. Like eToro, this is also a regulated broker used by millions of users around the world. Its main feature is the ease of use of the platform.
You can start using the free Libertex platform right away by following these 3 steps:
- Log in to the website and fill out the free registration form. The platform costs nothing, as the earnings are applied directly to the spreads.
- Use credit cards or other banking methods to fund your trading account. Deposit that you will need to open trade positions.
- Now you just have to start trading live. Also remember to verify your identity within 30 days to be able to withdraw later.
You can check the progress of your operations also via iOS and Android device. To do this you will not have to download any applications, because the Libertex website is perfectly optimized for portable devices.
How much does it cost to trade CFDs?
If you use safe and reliable brokers like eToro, trading Unicredit shares with CFDs will not cost you anything. Usually, these brokers earn by applying a spread to CFDs, which varies depending on the asset to be traded, but also depending on the operator.
The spread can be fixed and variable and the broker applies it directly to the opening of the exchange, so it is already counted at the end of the negotiation in terms of gain or loss. For this reason, the newly opened trade starts in red. So, to get a profit on Unicredit shares, it is first necessary to cover the spread, which in any case compared to bank commissions is much lower.
Unicredit share price forecast
To make effective forecasts on Unicredit shares, it is necessary to take into account at least a couple of factors that can influence the banking sector in Italy and therefore directly also this bank.
The first is the macroeconomic one and is particularly linked to the state of health of the Italian economy. The second concerns the regulatory sector that regulates banks and therefore also Unicredit.
Apart from the national economy, in the case of Unicredit, the bank's investments and exposures must also be taken into consideration. However, these look more to the international economy.
Those who want to make a long-term investment on the Unicredit stock quote today, must therefore consider several factors, which can not only understand the national scenario, but also the international one.
To be even more precise, the quarterly reports on Unicredit shares can be considered and studied, but also the annual and semi-annual reports, the reports of the Unicredit shareholders and the rating agencies that evaluate the banks.
On the other hand, there are several factors to consider if you want to earn CFDs in the short or even very short term (intraday). These factors can be announced and unannounced data releases, as unpredictable events that can affect Unicredit shares.
Why buy Unicredit shares
One of the main reasons why an investor should decide to invest concretely in the Unicredit stock lies in the strong solidity of this banking group, which is one of the first in Italy and in Europe. However, it should be borne in mind that this very popularity makes the title rather volatile and unpredictable.
If you want to invest in Unicredit shares in the short term, then all Unicredit forum shares will suggest you to do it with simple financial instruments to use such as CFDs. On the contrary, those who are more inclined to do things the “old way” can still turn to banking institutions.
In this last scenario, however, some fundamental considerations must be made:
- packages sold by banks do not include interest before 12 months
- the commissions are higher and therefore the possible earnings are lower
- you have no chance to influence the performance of your money
- investing in a bank does not mean that you have a better chance of earning
- by purchasing shares directly, in the event of withdrawal of Unicredit shares, the entire capital may be lost
Earnings in the short and very short term
Those who want quick results, using low capital and operating in complete autonomy, must necessarily turn to CFD trading. CFDs can be easily traded online through regulated brokers such as eToro. These platforms allow you to bet on the rise or fall of the stock, performing analysis through the Unicredit real-time chart actions.
This means that when you trade CFDs, you do not actually buy Unicredit shares, but only speculate on the trend of its price on the Stock Exchange. However, this allows you to earn both on the upside and downside.
Accessing these types of platforms is extremely simple, but the thing that matters most is choosing a safe and regulated broker. And it is precisely for this reason that we have decided to recommend an operator like eToro, which is used by about 10 million people around the world.
EToro's platform has proven to be perfect over the years for novice traders, as it features its most famous feature, social trading. This allows you to speak directly with other traders and ask for advice directly from people with more experience. Furthermore, with copytrading it will be possible to directly copy the shares of the best traders, which you can choose based on the performance rankings offered by eToro.
The best advice we can give you to Unicredit shares comments is to register immediately on the platform to start your growth path. In the section dedicated to user training, you will also find numerous free courses to read to take the first steps in a better way in this sector.