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Written by Krysten Zinon on May 2, 2023
Category: 
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How To Buy GameStop Stock (GME) Using Robinhood In 2023

If you're interested in investing in GameStop (GME) stock using Robinhood, you've come to the right place.

Robinhood is a popular trading app that allows users to buy and sell stocks, options, and cryptocurrencies with no commission fees.

In this article, we'll guide you through the steps of buying GME stock on Robinhood.

1. Risks Involved

Before we begin, it's important to note that investing in stocks involves risks, and the value of your investment can go up or down.

Make sure you do your research and consider your investment goals and risk tolerance before making any investment decisions.

Now, let's get started.

2. Download the Robinhood app

If you haven't already, download the Robinhood app on your mobile device from the App Store or Google Play Store.

Create an account if you don't have one already by providing your personal information, including your Social Security number and a valid form of identification.

3. Fund your account

Before you can buy any stocks on Robinhood, you need to fund your account.

You can link your bank account to transfer funds into your Robinhood account.

Once the funds are available, you can use them to buy GME stock.

4. Find GameStop (GME) stock

Open the Robinhood app and search for GameStop (GME) stock by entering its ticker symbol "GME" into the search bar.

You can also find the stock by browsing through the app's categories or by scrolling through the list of popular stocks.

5. Review GME stock information

Once you've found the GME stock, click on it to access its detail page.

Here, you can review the stock's historical performance, analyst ratings, company earnings, and other helpful information to consider when buying or selling the stock.

6. Place your order

To buy GME stock on Robinhood, click on the "Trade" button and select "Buy" or just "Buy" if you don't currently own the stock.

By default, you will be asked to enter the amount you would like to purchase in dollars.

However, you can choose to buy whole shares or select another order type by selecting "Dollars." Check out order types for more information.

7. Review your order and confirm

Before submitting your order, make sure to review all the details and confirm that they are correct.

If everything looks good, swipe up to submit your order.

Conclusion

Congratulations, you've just bought GME stock on Robinhood!

Remember, investing involves risks, and the value of your investment can go up or down. Make sure to keep an eye on your investments and make informed decisions based on your investment goals and risk tolerance.

This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.

Article written by Krysten Zinon

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