Amazon.com Inc
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Amazon.com Inc
Amazon stock is one of the most popularly-traded assets on our platform. Amazon is an American multinational technology and e-commerce company based in Washington. It’s the world’s largest online retailer, as well as having a significant market share in cloud computing, streaming services and artificial intelligence development. Amazon is considered to be one of the ‘big tech’ companies, along with Apple, Facebook, Google and Microsoft, and is one of the largest companies in the world by market capitalisation. Starting as an online marketplace for books, it has rapidly expanded into an online marketplace for almost every category of consumer goods. The company also produces its own consumer electronics, including Fire tablets and Amazon Echo smart speakers. Start trading CFDs on Amazon’s share price below.
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A contract for difference (CFD) is a derivative product which enables you to trade on the price movements of underlying financial assets (such as forex, indices, commodities, shares and treasuries). It's an agreement to exchange the difference in the value of an asset from the time the contract is opened until the time it's closed.
With a CFD, you never actually own the asset or instrument you're trading, but you can still benefit if the market moves in your favour, or make a loss should the market move against you.
Trading CFDs involves trading on leverage, which means that you can enter a position with a set initial deposit, known as the margin requirement. It's important to remember that leverage amplifies your gains and losses in equal measure, based on the full value of the trade, and not just the initial margin amount. Learn more about CFD trading