How to Buy Tesla Shares

Buy and sell CFDs on Tesla shares in Qatar without commission when you open an account with one of these brokers.

Brokers we recommend


4.7 / 5 AvaTrade

AvaTrade 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.

AvaTrade is available in Qatar
77.82% of retail CFD accounts lose money

4.6 / 5 FxPro

FxPro 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.

FxPro is available in Qatar
79.28% of retail CFD accounts lose money

4.3 / 5 Exness

Exness.com is an offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage (conditions apply).

Exness is available in Qatar
Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.

Other brokers:

  • HYCM Best Forex Broker (Middle East)

Comparison table

Here's how and why rated these brokers, or learn more about our impartial 18-point methodology.

OverallMarketsTrading environmentDeposits and withdrawalsInvestor protectionCustomer service
AvaTrade 4.7 5.0 4.2 4.7 4.8 5.0
FxPro 4.6 4.1 4.9 4.6 4.8 4.7
Exness 4.3 3.8 4.0 5.0 3.8 4.7
HYCM 4.2 5.0 3.8 4.4 3.8 4.0
Forex (CFD)Cryptos (CFD)*Stocks (CFD)Indices (CFD)Metals (CFD)Energy (CFD)ETFs (CFD)Commodities (CFD)Bonds (CFD)
AvaTrade 5514612239103172
FxPro 702713718844
Exness 9611981043
HYCM 69191492893194
MT4MT5cTraderCopy trading
AvaTrade
FxPro
Exness
HYCM
Bank transferDebit cardCredit cardNETELLER *Skrill *Broker to broker transferBTC (Bitcoin)USDT (Tether)Binance Pay
AvaTrade
FxPro
Exness
HYCM
AustraliaBahamasCayman IslandsCyprus (EU)SeychellesSouth AfricaSt. Vincent & the GrenadinesUAEUK
AvaTrade
FxPro
Exness
HYCM

* 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.



4.7 / 5 AvaTrade

AvaTrade 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.

77.82% of retail CFD accounts lose money
  • 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.


4.6 / 5 FxPro

FxPro 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.

79.28% of retail CFD accounts lose money
  • 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.


4.3 / 5 Exness

Exness.com is an offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage (conditions apply).

Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.
  • Likes
  • Low and stable spreads.
  • No swap charges across most FX pairs.
  • Unlimited leverage on MetaTrader 4 and 5 (conditions apply).
  • Withdrawals processed instantly in a wide range of currencies.
  • Negative balance protection is available.
  • Dislikes
  • No access to a compensation fund in the event of bankruptcy.
  • No CFDs on agricultural commodities, ETFs or government bonds.
Our take on Exness

Once you start trading with Exness, you soon understand why this broker is trusted by over 500,000 active clients. We traded through its MT5 Standard account with spreads from just 0.3 pips. Most instruments have no swap charges at all, which makes it easy to estimate how profitable each trade could be.

You'll find a wide range of instruments through its platform. These include over 100 currency pairs, crypto, U.S. stocks, global indices and commodities. The gold and silver crosses against the euro, the British Pound and the Aussie dollar will appeal to gold bugs.

Its web trading platform, built around TradingView charts, is sleek. If you're into technical analysis, you'll be able to customise charts with over 100 indicators and save them for later. Visit Exness to create an account and see for yourself what this broker has to offer.


4.2 / 5 HYCM

HYCM, formerly HY Markets, is an award-winning regulated online broker. Trade over 300 instruments on fixed or variable spreads over MetaTrader 4 or 5.

85% of retail CFD accounts lose money
  • Likes
  • Trade CFDs or invest in over 1,000 "real" stocks.
  • Trade on MetaTrader 4 or MetaTrader 5.
  • Get free signals from Trading Central.
  • Account currencies include USD, EUR, GBP, CAD and AED.
  • Dislikes
  • Trading fees on its Fixed and Classic accounts are a little high.
  • Monthly inactivity fee after 90 days.
  • Copy trading isn't possible.
Our take on HYCM

HYCM is an established broker, in business since 1999. It also is a safe place to trade as it's overseen by regulators in the EU, the UK, the UAE and abroad.

Trade CFDs on a wide range of markets through its Classic and Raw accounts. You may also buy and hold over 1,000 "real" stocks, without leverage, and earn dividends.

Every client receives complimentary trading signals from Trading Central. Trading Central uses technical analysis to identify potential opportunities on a daily basis. Their signals could spark new ideas, or reinforce your existing convictions.

Overall, we have found HYCM to provide a reliable trading environment. However, its trading fees are a little higher than the competition, unless you open a Raw account.

Understand how to buy or sell Tesla stocks online with this step-by-step guide.

Step 1: Get started

Before you place your first trade, you'll need to decide what it is that you are buying. You can either buy shares outright, in which case you'll become a registered shareholder, or speculate on changes in Tesla's share price through instruments known as CFDs (or Contracts for Difference).

For example, a CFD trader would go "long" if he/she expects prices to rise, or go "short" if he/she expects the opposite to happen. Speculating on changes in prices, rather than taking ownership of shares, also means that you'll be free from the rights and obligations associated with share ownership. And in the UK, you'll even be exempt from paying taxes on any CFD trading profits.

CFDs are popular with investors like you because they allow you to trade on margin for a fraction of a stock's price, yet see changes in the price fully reflected in your profit or loss. You could buy a CFD on Tesla stock currently valued around US$ 160 with a low US$ 20 deposit through AvaTrade.com, by borrowing the difference from your broker.

Most CFD brokers charge no commission. Instead, they earn a living through the bid-ask spread; that is the difference between the price at which you can buy and sell securities from them. Some brokers charge a fixed spread at all times, whilst other charge a variable spread based on market conditions. AvaTrade's spread is just 10 cents over the market spread.

Step 2: Open an account online

Visit FxPro.com or AvaTrade.com and open an account online. It's helpful to have a copy of proof of address and proof of identity documents at hand; as most brokers will require that you upload these documents prior to placing your first trade. If you are in a hurry to trade, we suggest funding your account through a debit card, credit card or an electronic wallet. Bank wire transfers can be particularly slow and costly to complete.

Step 3: Place your first trade

Placing your first trade may seem daunting, but it need not be. All brokers in our panel allow you to trade directly from their website or a smartphone app. Click a button to 'buy' and another to 'sell' (or 'short') Tesla shares directly from the charts. Nowadays, you no longer need to pick up the phone to trade through a dealing desk. Visit FxPro.com and AvaTrade.com to start trading.

As always, be mindful that investing is risky. You could lose the entirety of your investment if your predictions about market movements are incorrect. Leverage will increase both your potential profits and losses, and could reduce your balance to zero. That's why it's important to learn about risk management before placing your first trade, and remember never to invest more than you can afford to lose.

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Author

About the author

I'm St├ęphane, 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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