How to buy Schwab 1000 Index ETF
A Step-by-Step-Guide on how to buy Schwab 1000 Index (SCHK) ETF
Buy the ETF from Schwab 1000 Index in three easy steps!
Step 1
Make a eToro account
Use the following link and signup at eToro.
Provide an email address, choose a username, and pick a secure, strong password.
The infrastructure and website of eToro is secure and fast, so you're personal info is safe.
67% 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.
eToro USA LLC does not offer CFDs, only real Cryptocurrencies are available for US users.
Step 2
Verification of your identity
In order to buy Schwab 1000 Index, you will need to provide your country, date of birth, name and phone number as well as additional support documents verifying your identity.
Those supporting documents are a valid photo ID, like Driver license or Passport and sometimes also Proof of Residence Document like Credit card statement, Insurance statement, Residence certificate or Tax document.
Such an verfication of identity is there to stop identity theft or fraud.
Step 3
Begin ordering Schwab 1000 Index by depositing fiat currencies, like EUR or USD
Funding your account with fiat currencies, like EUR or USD for trading can be done distinct ways, including SWIFT, SEPA and domestic wire transfers or creditcard.
The variant you choose will be based on your preference and location.
Once your fiat currency strikes your account, you will be able to buy ETF from Schwab 1000 Index (SCHK).
With your account you’ll also have access to charting tools, and 24-hour support.
Congratulations! You have successfully purchased Schwab 1000 Index (SCHK).
That's it!
A couple more tutorials for buying ETFs:
How to buy SPDR Portfolio S&P 1500 Composite Stock Market ETF
How to buy TrueShares Structured Outcome (August) ETF
How to buy ETF
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.