How to Buy SPY or VTI ETFs?
Step 1 - Find the best investment app:
Picking a proper broker gives you a competitive advantage; you can browse our comparison page of the best trading apps to determine which one you need.
Step 2 - Open an account:
Once you find the best trading platform, it's time to open an account. Simply click on the button on our comparison page, and you can proceed directly to the brokers' registration page.
You must fill in the required information and expect an email confirming the activation of your account.
Step 3 - Verify your identity:
It is necessary if you want to use the platform's functionalities and deposit or withdraw money. Specific platforms will let you make a small deposit but cannot withdraw until the application process is complete.
Here, you will upload your ID and, depending on the platform, other supporting documents to verify your identity.
Sometimes, you might receive a phone call from a company's sales representatives.
The application may take a couple of hours to several days to complete.
Step 4 - Deposit funds:
After verifying your identity, you can deposit using several methods:
- Credit/debit cards
- Bank transfers,
- Mobile wallets (Paypal).
Step 5 - Buy SPY or VTI ETFs:
Once the account is active, you can search for “SPY” or “VTI” on the platform and click on buy.