the minimum amount of Amazon stock to buy
Fractional shares allow you to use M1’s account minimum deposit ($100) to buy roughly 1/33 of a share of Amazon stock. After the initial $100 deposit when opening a new account, you can buy new shares of stock in the future whenever your cash balance reaches at least $25.
Thankfully, we can use what are called fractional shares to invest in Amazon with much less than that.
Buy Amazon stock
Once you have a brokerage account and you’ve decided how much to invest, it’s time to buy Amazon stock.
A stock’s price is determined by its bid-ask spread — essentially, the gap between the price buyers are willing pay and the price sellers are willing to accept. The bid-ask spread changes throughout each trading day, but you shouldn’t get too hung up on getting the lowest price to the penny — more on that below.
When you’re ready to buy the stock, you’ll do so through your online broker’s website or trading platform. You’ll be asked to choose an order type, which determines when and how your order to buy Amazon stock is executed.
Most brokers offer a range of order types , but you’ll generally be fine if you stick to two choices: a market order and a limit order.