Listed at the NASDAQ Exchange
How to Open a Trading Account to Invest in How to Buy Ballard Power 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 primary 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 correct base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts are available on 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 Broker has approved the account, 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 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 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 Ballard Power Shares?
Online Brokers allow investing in Shares straightforwardly through optimised apps that grant easy and fast access to financial markets. 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. To buy shares of Ballard Power, you have to:
open a trading account as explained before,
deposit money,
Search for "Ballard Power" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
How to Buy Ballard Power Stock
About Ballard Power
With access to over 2,000 different patents and applications, Ballard Power Systems Inc. is a worldwide leader in developing fuel cell products designed for public transport, reserve energy and other power requirements for a whole host of different industries. The energy company was founded back in 1979 and is located in British Columbia, Canada.
Ballard went public in 1993 and is traded as BLDP on both the Nasdaq and the Toronto Stock Exchange. The Toronto Stock Exchange was founded in 1861 and is the ninth-largest exchange in the world. The exchange is owned by TMX Group Limited, an equity and derivatives company located in Toronto.
One of Ballard's biggest clients and closest partners, the Northern Ireland-based Wrightbus, collapsed in 2019. This caused grave concern for investors, primarily due to a large order of fuel cells that was expected to take place. However, some industry experts remained unphased, citing increased business in China as a plausible means of replacing Ballard's lost revenue.
