Listed at the Nasdaq OMX Helsinki Exchange (Stock Symbol: NOKIA)
How to Open a Trading Account to Invest in Nokia Shares
Opening an investment account with an Online Broker is a process that is completed online and requires:
First, choose the broker that best fits you. Here, we present eToro as the main choice.
Upload an ID and a proof of address (electricity, water bills, etc.), through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the right base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts may be based in US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the account has been approved by the Broker, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among many others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform, that is, they allow testing their Demo account, which is totally Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in Nokia Shares?
Online Brokers allow investing in Shares straightforwardly through optimized apps that grant easy and fast access to financial markets. In fact, most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. Literally, to buy shares of Nokia, you have to:
open a trading account as explained before,
Search for "Nokia" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
Nokia Corporation dates back to 1865 and is headquartered in Espoo, Finland. This multinational communications and information technology company offers an extensive portfolio of end-to-end network solutions, including equipment, software, services and licensing in fields that include 5G, IoT, intelligent automation and cloud computing. The company serves enterprises, public and private customers, and service providers with networks supporting 6.1 billion subscriptions.
Nokia Corporation also operates the Nokia Bell Labs, where research teams develop innovative solutions. In 2018, the company announced the completion of a partnership with Telefónica Deutschland. The companies will build an Early 5G Innovation Cluster in Berlin to test and monitor 5G services performance in dense urban areas. The company declares environmental sustainability a core value.
The company is listed on the Nasdaq Helsinki, Euronext Paris and New York Stock Exchanges.