How to Invest in Netflix

Here's our 5-step guide to investing in Netflix in Australia, including the brokers you'll need to trade US stocks.

Brokers we recommend


4.6 / 5 FxPro
79.28% of retail CFD accounts lose money

FxPro.com is a global broker, winner of 100+ awards including 'Best FX Service Provider' in 2023. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all trading styles.


4.7 / 5 AvaTrade
77.82% of retail CFD accounts lose money

AvaTrade.com is an award-winning online broker, in business since 2006. Trade CFDs on one of the widest possible range of instruments and asset classes, from Forex to ETFs and government bonds.


Comparison table

We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:

OverallMarketsTrading environmentDeposits and withdrawalsInvestor protectionCustomer service
FxPro 4.6 4.1 4.9 4.6 4.8 4.7
AvaTrade 4.7 5.0 4.2 4.7 4.8 5.0
Forex (CFD)Cryptos (CFD)*Stocks (CFD)Indices (CFD)Metals (CFD)Energy (CFD)Commodities (CFD)ETFs (CFD)Bonds (CFD)
FxPro 702713718844
AvaTrade 5514612239107312
MT4MT5cTraderCopy trading
FxPro
AvaTrade
Bank transferDebit cardCredit cardNETELLER *Skrill *Broker to broker transferBTC (Bitcoin)USDT (Tether)
FxPro
AvaTrade
AustraliaBahamasCyprus (EU)South AfricaUAEUK
FxPro
AvaTrade

* Availability is subject to local laws and regulations.

Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.



4.6 / 5 FxPro
79.28% of retail CFD accounts lose money

FxPro.com is a global broker, winner of 100+ awards including 'Best FX Service Provider' in 2023. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all trading styles.

  • Likes
  • CFDs on 250+ instruments.
  • FxPro accepts all trading styles on MT4/5 and cTrader.
  • Trade on fixed or floating spreads, with or without commission.
  • Many deposit methods, including crypto and broker-to-broker transfers.
  • Get daily trading signals from Trading Central.
  • Dislikes
  • You cannot trade CFDs on ETFs or government bonds.
  • Copy trading isn't available.
Our take on FxPro

It's hard to find fault with FxPro, a broker with a 20-year track record. We've traded through FxPro's Raw account and enjoy the razor-thin floating spreads and low commissions. This account, which comes with a $1,000 minimum deposit, will appeal to experienced traders.

If you're new to trading, you could also open a Standard account with a low $100 deposit. You'll enjoy a more predictable trading environment with fixed, albeit wider, spreads. In short, FxPro is a platform you can grow into as you gain experience.

The educational content available on FxPro.com also caught our attention. You'll find learning paths for both beginners and advanced users, in the form of online courses, video tutorials and webinars.


4.7 / 5 AvaTrade
77.82% of retail CFD accounts lose money

AvaTrade.com is an award-winning online broker, in business since 2006. Trade CFDs on one of the widest possible range of instruments and asset classes, from Forex to ETFs and government bonds.

  • Likes
  • Over 750 financial instruments on MT4/5.
  • Get free daily trading signals.
  • Easily copy professional traders.
  • No fees on deposits or withdrawals.
  • Get one-on-one assistance when you deposit US$1,000.
  • Dislikes
  • You cannot trade on raw spreads.
  • Quarterly and annual inactivity fees.
Our take on AvaTrade

The breadth of assets available to trade through its platform sets AvaTrade apart from the competition. You'll find over 750 instruments, including currencies, stocks, indices, ETFs (and leveraged ETFs), precious metals, commodities, cryptocurrencies, and government bonds.

AvaTrade supports the MT4 and MT5 platforms, available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. AvaTrade's spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.

Its customer service is excellent too. Every time a question has arisen, we've been able to speak to a customer support agent easily through a local telephone number. Our queries were resolved within minutes. AvaTrade support is available five days a week through various channels, including WhatsApp.

5-Step Guide to Investing in Netflix

1. Chose a broker

First, you'll need to open a trading account with an online broker that allows you to trade US stocks. All brokers featured in this guide allow you to invest in US stocks, including Netflix. Their fees may vary, so take time to compare their trading conditions. You may also be subject to foreign exchange fees as you are buying Netflix stock in US dollars.

2. Open an account

Once you've chosen a broker, you will need to open your account. This process usually involves providing some personal information, such as your name, address, and date of birth. You'll need to provide proof of identity and a recent proof of address in the form of a bank statement or utility bill. Most brokers will verify your account in 24 hours.

3. Fund your account

Once your account is open, you will need to fund it before you can trade. You can do this by linking your bank account or depositing funds using a credit card, debit card or an online wallet. Some brokers may also accept Bitcoin, Tether and other crypto-currency payments.

4. Search for Netflix stock

Once your account is funded, search for the Netflix stock (NFLX) through your broker's trading platform. You can do this by entering the ticker symbol in the platform's search bar. The ticker symbol uniquely identifies a financial instrument. Some companies have more than one ticker, but Netflix only has one.

5. Place a buy order

Once you've found Netflix stock, place a buy order. Your platform may allow you to chose between a market order or a limit order. A market order instructs your broker to buy a certain number of shares at any market price. Instead, we suggest using a limit to place a cap on the share price you're willing to pay.

Buying shares is a risky investment. The stock price can go up or down, and you could lose money. You'll be exposed to factors that affect Netflix and the broader stock market. That's why you should only invest money that you can genuinely afford to lose.

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Author

About the author

I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.

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