Top 5 share-trading platforms to buy Tesla shares in South Africa – Business Insider Africa

Tesla is a well-known automobile manufacturer that has taken the globe by storm.

They have built their own automobile area of the business, as well as a powerhouse throughout the stock market and the world, with their unique electric automobiles. Elon Musk, the CEO of Tesla, is a world-renowned businessman who has established businesses in a variety of sectors.

Purchasing Tesla stock is similar to purchasing most other securities in that it requires the assistance of a broker. You may use the platform to link to the stock market and conduct trading. Today, we’ll go over how to acquire Tesla stock in South Africa, and the best brokers who sell Tesla stock.

  1. Compare & Choose Stockbroker:  If you’re new to investing, seek a platform with cheap commissions, good ratings, and investment tracking features. 
  2. Create and fund a share trading account: Fill out the form with your account information, such as your ID and financial information. You may credit your account with a direct deposit, a credit/debit card, or a bank transfer.
  3. Investigate Tesla: TSLA may be found by name or ticker symbol. Investigate its history to ensure it is a sound investment in relation to your financial objectives.
  4. Invest now or later: Buy now using a market order, or use a limit order to wait until Tesla hits your target price. Consider dollar-cost averaging, which smooths out purchases at constant times and quantities, to stretch out your purchase.
  5. Decide how many to purchase: Evaluate your finances against a portfolio of stocks that can limit risk during the market fluctuations at the last closure price of USD$599.05. You can purchase a fractional share in Tesla by relying on your broker.
  6. Keep Track Of Your Investment: Bravo, you now own a stake in Tesla. Boost your portfolio by monitoring how your stock and the company’s performance over time. Dividends and shareholder voting power on board and executives that might affect your shares may be available to you. is one of the top FCA brokers available online in terms of data security and regulation. You may also take advantage of negative balance protection and investment security plans. provides zero-commission trading across all asset classes. You will also be able to get benefit from the market-leading spreads. Spreads on some of the most recognized and trendiest shares, such as Facebook and Tesla, are as minimal as 0.10 and 2.62. When non-trading costs are considered, the result is analogous. does not impose any transaction fee or inactivity fees.

Topping your account is just like signing up. If you fill your trading account through bank wire transfers, debit cards, credit cards, or electronic wallets, the minimal initial investment you may make is merely $20.

Another fantastic trading platform worth investigating is Libertex. Libertex has gathered a subscriber base of more than two million. Furthermore, Libertex is CySEC-regulated making it one of the most secure stock brokerage firms.

When you trade with Libertex, you will have to pay two fees. On begin, you must pay a deposit and withdrawal fee, which fluctuates according to the asset and the trade volume. Secondly, because Libertex is a CFD broker, traders will additionally be paying the spread. Libertex’s spreads on stock CFDs are extremely thin, usually between 0.1 and 0.2 per cent.

Libertex requires at least a deposit of £85 initially, which you can transfer to your account using different payment methods. Furthermore, Libertex provides a web-based platform and an app, as well as complete features for MT4 and MT5. Finally, retail consumers can leverage Libertex’s exchangeable CFDs up to 1:30 to increase potential profits.

AvaTrade is another ASIC-regulated share trading platform. Avatrade offers trading in Forex, CFDs, and cryptocurrency with no commissions. South African consumers may install the popular MT4 and MT5 platforms for Windows and iOS. You may also buy or sell minor, major, and exotic currency pairings online or by using an Apple or Android app.

Skilling is a great pick for beginners and is recognised as one of the top European brokers. Their platform is simple to navigate. Many simple instructions are also available as part of Skilling’s e-learning platform.

Because of its emphasis on CFDs, this UK stockbroker does not sell conventional assets. There are, however, over 800 products to pick from, such as equities, commodities, indices, and Forex. Skilling also has access to these markets under FCA restrictions. Skilling does not collect fees irrespective of the CFD asset type traded. The firm also has among of the tightest spreads in the market. You may make a profit trading 0.1 pips during market hours.

VantageFX is our final pick and while it is not as strictly regulated as the others, it does provide leverage of up to x500. Additionally, it provides a wide selection of trading platforms as well as a number of toolkits that are incredibly beneficial to traders all over the world.

The platform provides responsive customer assistance round the clock, zero spreads, and several other features that make it appealing to traders as well as safe and trustworthy. New investors can get a bonus of 50% as a welcoming incentive.

The majority of traders have hopes for Tesla’s advanced technology and imaginative vision.

Whether or not this is a boom is debatable, but we do understand that certain elements have allowed Tesla to acquire this competitiveness. Therefore, you can invest in shares of Tesla to maximize your earnings.

This corporation is an international leader in the production of electric automobiles. Tesla surpassed China’s BYD to become the world’s largest electric car producer in 2019. In 2019, Tesla sold between 367,000 and 368,000 electric vehicles worldwide.

In the closing of 2021, the value of Tesla’s stock began its rise to new all-time peaks, making the firm one of the most profitable at the international level. There are several difficulties with the company’s ESG score. However, given its popularity and the influence on its share price, it seems that it has done everything effectively.

We believe is the greatest alternative for acquiring Tesla shares. is the world’s biggest broker service, allowing you to invest in a fraction of a share while avoiding a commission.


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