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- 1. How to buy Digital World Acquisition (DWAC) stock
- 2. Where to buy Digital World Acquisition stock?
- 3. How to buy stock in Digital World Acquisition in 3 simple steps
- 4. Compare the best platforms to buy Digital World Acquisition stock
- 5. Fundamental analysis of Digital World Acquisition shares
- 6. Is Digital World Acquisition a good investment for me?
- 7. How to sell Digital World Acquisition stock
- 8. Should I buy Digital World Acquisition stock now?
- 9. FAQs
How to buy Digital World Acquisition (DWAC) stock
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Trade your favourite markets with our top-rated broker, .
10/1077% of retail CFD accounts lose money.
A big part of learning how to buy Digital World Acquisition stocks is finding the best place to make your investment. Digital World Acquisition stocks are available to invest in through an online stock broker, and it usually takes just a few minutes to buy shares in Digital World Acquisition when following our step by step guide.
Where to buy Digital World Acquisition stock?
Copy link to sectionThe best stock trading platform to use to buy Digital World Acquisition stock is eToro .
Based on our research, we’ve ranked the top three brokers where you can buy Digital World Acquisition shares, according to how easy they are to use, how low their fees are, their safety and security rating, and average customer reviews.
77% of retail CFD accounts lose money.
Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read more about how we test, rank & review platforms.
How to buy stock in Digital World Acquisition in 3 simple steps
Copy link to sectionBuying Digital World Acquisition stock is quick and easy, all you need is an internet connection and a copy of your photo ID. Here’s how to do it.
Step 1. Sign up to eToro
Copy link to sectioneToro is the best stock trading platform for beginners. Fill in your details to set up a brokerage account and attach a copy of your ID to verify it.
77% of retail CFD accounts lose money.
Step 2. Make a deposit
Copy link to sectionTransfer money to your new account with your credit or debit card, a bank transfer, or an alternative payment method, like PayPal. The minimum deposit is £10.
Step 3. Buy Digital World Acquisition shares
Copy link to sectionSearch for Digital World Acquisition using the ticker, DWAC. Click the ‘trade’ button and enter the details of your investment, such as how many shares you want to buy or how much you want to spend. Hit ‘trade now’ to invest in Digital World Acquisition and complete your purchase.
It’s as easy as that! You can buy Digital World Acquisition shares in just 10-15 minutes and now you’re a Digital World Acquisition shareholder.
Compare the best platforms to buy Digital World Acquisition stock
Copy link to section1. eToro. Best for beginners, copy-trading & demo-account
2900
No. assets
$10
Minimum deposit
Stocks
Platform type
Pros & Cons
Overview
We love eToro because you can trade more than 3,000 stocks, commission free. When you buy stocks on eToro, you’re buying the underlying asset, which means you can earn dividends. Or you can trade fractional shares, which means you can invest in even the most expensive stock from just $10.
As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the stock market every day, browse the latest analyst opinion about every one of those stocks, and copy other people’s trade suggestions from your desktop or the eToro app.
The fees: Stock and ETF trades are commission free. Stock CFDs are charged a 0.15% spread and overnight fees can apply. You can deposit money for free but you have to pay $5 per withdrawal, and there’s a minimum withdrawal of $30. A $10 per month activity fee is charged if you don’t log in for a year.
77% of retail CFD accounts lose money.
2. Plus500. Best for international CFD trading*
4300
No. assets
$100
Minimum deposit
Stocks
Platform type
Pros & Cons
Overview
We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to CFDs on over 2000 stocks.
Plus500 has something for all types of stock trader, no matter what level of experience. Its zero commission and tight spreads make it a top choice for day traders and its trading academy is packed with educational content, perfect for beginners just starting.
For accurate instrument availability, visit plus500.com.
The fees: There are no commission fees on any trades with Plus500 and it makes it money through the Bid/Ask spread. Spread starts from 0.01% and varies depending on the instrument. Additional fees include overnight funding depending on trade size and guaranteed stop orders, which add a minimum of 10% to the spread. There is an inactivity charge of £10 per month for accounts not logged in for three months.
*Based on a comparison of 60+ leading brokers and trading platforms.
Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
3. Best online broker for range of markets
...
No. assets
...
Minimum deposit
Stocks
Platform type
Pros & Cons
Overview
We love Interactive Brokers because it has one of the widest selections of tradable assets we’ve ever seen. IBKR is one of the best-known and longest-running brokers in the world and when you create an account you’ll have access to tens of thousands of stocks, ETFs, funds, indices, currencies, bonds, and cryptocurrencies.
Besides lots of markets, Interactive Brokers also offers a good range of additional tools and features including risk management tools, cutting-edge portfolio management services, and the ability to automate your trading system through ready-made or custom-built algorithms.
The fees: Charges vary depending on the asset you’re trading. Stocks and ETFs are commission-free, as are most funds. Options fees range from $0.15 to $0.65 per option contract. Cryptocurrency fees range between 0.12% to 0.18% of the trade value. Forex trades have commissions which can be as low as a fraction of a pip.
4. Public. Best for sharing beginner trading ideas
...
No. assets
...
Minimum deposit
Stocks
Platform type
Pros & Cons
Overview
We love Public because it’s a social platform where you can share trading tips and get ideas from other people. Public offers 9,000+ financial instruments, including cryptocurrencies and stocks from around the world.
Alongside a community of other investors all sharing their ideas, Public offers real time news and information so that you can see the full picture before you invest. And the assets don’t just include your run-of-the-mill assets; you can make alternative investments in things like handbags and comic books as well.
The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours.
5. Degiro. Best for 0% commission on US stocks
50
No. assets
...
Minimum deposit
Stocks
Platform type
Pros & Cons
Overview
We love Degiro because it offers a simple trading platform so that you can trade quickly and easily wherever you are. Degiro offers stock trading on 50 stock exchanges in 30 countries, including the US, UK, and all leading European markets, with free stock trading on all US stocks.
Degiro has won 86 international awards and is one of the largest companies in Germany. All its services are available online or via the Degiro app. The website also boasts a huge range of educational material, including an Investor’s Academy, to help you get started.
The fees: All stock trades come with a €1 handling fee. US stock trading has no other fees, UK stock trading costs $1.75, and European stock trading costs €3.90. The rest of the world costs €5. A core selection of ETFs are free to trade, other global ETFs cost €2 plus a €1 handling fee. Derivative trading costs €0.75. There are no inactivity, deposit, or withdrawal fees.
Investing involves risk of loss
Fundamental analysis of Digital World Acquisition shares
Copy link to sectionWhat is Digital World Acquisition’s total worth?
Copy link to sectionDigital World Acquisition’s total net worth is $597.296 million. This is its total market capitalisation, calculated by multiplying the number of shares outstanding on a stock exchange by the current share price.
How has Digital World Acquisition’s share price performed in recent years?
Copy link to sectionThe current Digital World Acquisition stock price today is $16.05, which is 90.90% below its all time high of $175, which it reached on 22 October, 2022.
Overall, DWAC is up 29% over the last five years. The DWAC share price is up 5.4% in 2024 with a 52 week high of $101.87 and a 52 week low of $14.80.
What is Digital World Acquisition’s EPS?
Copy link to sectionDigital World Acquisition’s EPS is -$0.14. EPS stands for earnings per share and is calculated by dividing Digital World Acquisition’s net profit by the number of shares outstanding. It gives you an idea of how valuable a company is.
What is the Digital World Acquisition P/E ratio?
Copy link to sectionDigital World Acquisition’s P/E ratio is N/A. The P/E, or price to earnings ratio, tells you how much you would have to pay per share for $1 of Digital World Acquisition’s earnings.
It is calculated by dividing the share price by the earnings per share. You can use Digital World Acquisition’s earnings estimates to predict its future (or forward) P/E and set a target price you think the stock can reach.
What is Digital World Acquisition’s dividend yield?
Copy link to sectionDigital World Acquisition’s dividend yield is 0%. The dividend yield tells you how much of Digital World Acquisition’s share price it gives back to shareholders in dividend payments every year.
Is Digital World Acquisition stock a buy or sell?
Copy link to sectionThe indicator below shows you live technical ratings for Digital World Acquisition stock on time frames from one minute to one month.
It tracks a selection of key technical indicators on live market data, including moving averages, relative strength index (RSI), oscillators, and momentum.
This indicator should be used when you research Digital World Acquisition to help you decide whether to buy Digital World Acquisition shares. Past performance is no guarantee of future results. It is not investment advice or a recommendation from Invezz to buy this stock.
Is Digital World Acquisition a good investment for me?
Copy link to sectionThe right answer is different for each person, so here is some information to help you decide whether to buy stocks in Digital World Acquisition.
- Digital Wold Acquisition is linked to Donald Trump. Following the 2021 Capitol riot, Trump was permanently banned from major social media platforms like Twitter and Facebook. The 45th President has decided to launch a social venture of his own in an effort to communicate with his support base.
- DWAC is a SPAC. The company is formed with the sole purpose of merging or acquiring another business. It is set to complete a merger with Trump Media & Technology Group Corp.
- A deal to merge with Trump Media has still not been confirmed. Despite listing on the stock market back in 2021, DWAC has not confirmed its deal with Trump Media. In December 2022, the company extended the date for completion to March 2023, this was the second extension since its IPO.
- DWAC is popular with retail investors. It is difficult to draw any conclusions about the performance of DWAC given the recency of its deal with Trump Media & Technology Group Corp. However, in the first few days of the deal, it was the most popular stock on the prominent Reddit investor forum, WallStreetBets, and had the highest trading volume of any stock on numerous major apps such as Fidelity.
- Digital World Acquisition’s future depends on Truth Social. Much of the future performance of Digital World Acquisition stock will come down to the success of Truth Social. It remains to be seen if Trump can reignite the passions of his supporters and take on some of the tech sector’s largest and most powerful names.
It’s always a good idea to think about any potential risks there might be as well. Use this summary of Digital World Acquisition’s pros and cons before you make a final decision on whether to buy Digital World Acquisition stock.
Pros
Copy link to section- DWAC is expected to merge with Trump Media & Technology Group Corp
- Donald Trump had millions of followers who could move to his new platform
- DWAC is volatile and provides short term opportunities to trade
Cons
Copy link to sectionAre there other ways to buy shares in Digital World Acquisition?
Copy link to sectionYes, you can invest in Digital World Acquisition stock in a few different ways. One option is to buy stock in Digital World Acquisition directly through an investment platform as laid out above, while another popular choice is to invest in a fund.
Mutual funds provide instant diversification to your investment portfolio by investing in lots of companies at once. You can invest in a Nasdaq index fund to get exposure to Digital World Acquisition, or choose a small cap ETF.
Another option is to use a social copy trading platform, like eToro . Find a trader who you like and copy their Digital World Acquisition trades directly to your own account.
This can be a good investment strategy for beginners and a way to learn how to buy Digital World Acquisition shares from someone with more experience.
What are the fees for investing in Digital World Acquisition stock?
Copy link to sectionIt depends on the stock broker. Some platforms charge a flat fee per trade, others charge a commission as a percentage of the total trade value each time you buy Digital World Acquisition stocks.
Consider that there may be other costs to trading too. Other fees can include deposit and withdrawal fees, or inactivity fees if you don’t use your account for three months or more.
These are the trading platforms that charge the lowest fees for buying stocks in Digital World Acquisition.
| Trading platform | Trading fees |
|---|---|
| eToro | $0 |
| Skilling | $0 |
| Capital.com | $0 |
| Degiro | $0 (US) / £1.75 (UK) |
| AvaTrade | 0.13% commission |
How to sell Digital World Acquisition stock
Copy link to sectionWhen you decide the time is right to sell and lock in some profit (or cut your losses), log into your broker account and navigate to your portfolio.
From there, find your Digital World Acquisition stock and you’ll see a ‘sell’ option next to it. Click that to set the details of the trade (you don’t have to sell all your stocks at once) and sell back to cash.
Should I buy Digital World Acquisition stock now?
Copy link to sectionIt’s your investing goals and style that define whether now is a good time to buy. The current Digital World Acquisition stock price plays into it but ultimately it depends on your investment horizons.
- If you’re a short term trader: the goal is to make money by buying and selling stocks regularly to secure a profit or avoid a loss. That can mean trading hourly, daily, or weekly but the focus is always on the near future. Traders learn how to buy stocks in Digital World Acquisition based on short term technical analysis and don’t hold shares for a long time, so any time can be a good time to buy DWAC.
- If you’re a long term investor: you’re more interested in long term price appreciation than whether a stock is up or down on any given day. The important thing is finding a stock with a strong foundation where you think the share price will be up over a period of months or years. If you think Digital World Acquisition’s fundamentals are solid then the best time to invest in Digital World Acquisition stock is after a dip or a pullback in price.
Most new traders sit somewhere between these two positions. You don’t want to actively trade Digital World Acquisition stock all hours of the day but you don’t want to wait years for a return either.
Either way, following DWAC price news and analysis will help you decide when to dip your toe into the market.
Latest Digital World Acquisition news
Copy link to sectionDigital World (DWAC) stock has plunged: Avoid Trump SPAC at all cost
DWAC stock price: Trump’s Digital World could short squeeze soon
DWAC, Rumble stocks jump ahead of Trump’s court appearance
Digital World’s stock rises by 30% after launching Truth Social application
DWAC stock price forecast: 5 reasons to be cautious
FAQs
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Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >