How many Nvidia (NVDA) Stock CFDs Can I Buy At Exness For $1.000
How Many Nvidia Stocks
The current price of Nvidia stock CFDs is $826.01. As of today, you can buy 1 CFDs of the company's stocks for $1,000 without leverage.
Additionally, Exness offers traders the opportunity to trade Nvidia stocks with a leverage up to 1:20. With this leverage size traders can buy up to 24 stock CFDs.
You can lose your money.
Key facts to know
- Copy trading service available.
- Option for a free subscription to a VPS server.
- Leverage - one of the highest in the CFD market.
- Own trading platform with more than 50 charting tools and 100 indicators
The maximum leverage offered by a Forex broker may vary across different jurisdictions, depending on the regulatory requirements. The leverage indicated here applies specifically to the EU and UK markets.
The calculation of the maximum available shares is based on the closing price of the previous trading session.
Nvidia Price Online
Is Nvidia Stock a Buy or Sell Today?
Short-term NVDA price forecast (signals) are prepared by Traders Union based on the technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe that you need to learn the NVDA forecast for today.
Signals may differ on different time frames. If you want to buy Nvidia (NVDA) and hold the stock for longer than one week, it is best to use the signals on daily and weekly timeframes. Timeframes from 5 minutes to 1 hour are best suitable for short-term transactions!
Exness CFD Trading Costs
Trader's Union (TU) calculated the trader's costs for purchasing NVDA stock CFDs. The overall costs for traders when trading stocks typically include the spread, and some brokers also charge a CFD trading fee.
| Exness | FxPro | IC Markets | |
|---|---|---|---|
| NVDA stock CFD spread, points | 0.4 | 1.23 | 0.39 |
| Total cost for $1.000 lot NVDA stock CFD, USD | 0.48 | 1.49 | 0.47 |
CFD brokers may have additional commissions for trading stocks. For example, many brokers offer almost zero spread on ECN accounts, but there is a fixed commission per 1 full lot. There is also a swap fee for carrying over a position to the next day. For more details about commissions, please refer to the broker's website in the trading conditions and contract specifications.
What factors will affect Nvidia stock price in the future?
In July 2021, the corporation executed a 4-to-1 stock split. Decrease in the nominal value of shares allowed the company to attract private investors with small equity and bring the capitalization of the corporation to a new all-time high by autumn. Investor uncertainty amid the pandemic was the reason for the subsequent rollback. Increased interest towards artificial intelligence technologies in spring 2023 caused the NVDA stock price to hit a new all-time high at over $400.
Key factors influencing the Nvidia stock price:
- Financial reporting: revenue, net income, multipliers, sales forecasts, etc.
- Demand for microchips used in AI technologies: neural networks, chat bots, etc.
- Trends in the cryptocurrency market. At the peak of mining popularity, the demand for GPUs grew by several times, securing additional sales for the corporation. Now, the corporation is developing a new field: development of the metaverse. Success of this business could become one of the growth drivers of the stock price in the long term.
- Competition in the segments, where the corporation operates, for example, competition in cloud gaming. Nvidia has its own gaming platform titled NVIDIA GeForce, which competes with Google Stadia, Microsoft Xbox Network and Amazon Luna. The news of the Electronic Arts projects being added to the platform raised the NVDA price by 3.9%. News about transactions of the corporation’s subdivisions have a short-term impact on the stock price and can be used in day trading strategies.
- Force majeure. For example, the relatively recent pandemic caused disruption of logistic chains and shortages of components. This resulted in an increase of demand for Nvidia products. Accordingly, return to the customary lifestyle led to a decrease in the stock price.
The corporation occupies top niches in the technology sectors of the economy. Demand for its products will remain high. Therefore, the long-term NVDA stock price forecast is moderately positive.
Also you can learn NVDA stock price prediction for 2024, 2025, 2030.
CFD Trading Risks And Trading Examples
- Fundamental factors. The risk of news emergence that can quickly turn the price in the opposite direction at any moment.
- Risk of high volatility and low liquidity. During periods of increased volatility, market liquidity decreases. This can lead to wider spreads and slippage. You might not be able to close a trade because there are no counterparties.
The best tool to protect against such risks is the placement of a stop-loss or trailing-stop order.
A key risk that traders often take is associated with excessive leverage. Leverage helps to increase the volume of a trade and potential profit, but at the same time, it can quickly lead to the loss of the deposit. Most beginners lose money due to risks associated with excessive use of leverage. To use leverage wisely, it is essential to thoroughly understand the rules of risk management in Forex trading.
Suppose you have $100 free. A stock is priced at $50.
- Without leverage. You can buy 100/50 = 2 shares.
- With a 1:100 leverage offered by the broker. You can control an amount 100 times larger, allowing you to purchase 100×100/50 = 200 shares.
If the stock price increases by 5 pips, from $95.22 to $95.27.
In the first case (without leverage) your profit would be 0.05×2 = $0.10. In the second case (with leverage) your profit would be 0.05×200 = $10. Thanks to the leverage, you increased the volume of the transaction and earned a sum 100 times greater. However, if the price moves in the opposite direction of your forecast, you would incur a loss 100 times greater than in a non-leveraged transaction. This exemplifies the inherent risk of using leverage.
How to Choose CFD broker
Step-by-step algorithm for choosing a CFD broker:
Define your goals.
For example:
- You're interested in a broker that allows investing in tech company stocks and stock indices.
- You're keen on passive investing, so you need a broker with a social trading service.
- You require a broker with the lowest possible initial deposit, cent accounts, and maximum leverage - for training with small transaction volumes.
Understanding your goals will help you identify key selection criteria.
Familiarize yourself with the trading conditions.
Pay attention to the following aspects:
- Spread size.
- Types of trading platforms.
- Commission for depositing and withdrawing funds, and the minimum withdrawal amount.
- Available trading assets.
- Size of leverage.
Additional Criteria:
- Read reviews. Pay close attention to reviews with comprehensive arguments and facts. Reviews are not the key criterion for selection, as they can be subjective and part of unfair competition policies. However, they can be somewhat indicative. Also indicative is the broker's response to negative reviews.
- Availability of additional unique tools. Autochartist, trade advisor constructor, calculators, etc. These are desirable, but they are also available on analytical resources.
- Technical support. The speed, accuracy, and usefulness of the response are important.
Objectively, there is no best or worst broker. There is a broker that is most comfortable for you: a broker with the best trading conditions, the best set of tools, etc. Find a broker that suits you - visit the Forex Best Brokers ranking, set up the trading platform, and test each company on a demo account. A little patience, and the best broker will be with you!