How To Trade On An Online Stock Exchange On Eni Shares

Nowadays you can find different ways to invest in ENI shares. The classic method is to trade in shares, completing transactions in the short or long term, even after several years. But in the age of technology, an alternative to the traditional method of trading on an exchange online with CFDs is becoming increasingly important.

In this article we will show you how thanks to Plus500, a famous international financial broker, you can trade Eni shares. With Plus500, playing on the stock exchange is practical, fast and totally safe. You can trade simply from home or from smartphones and mobile devices, just using an internet connection.

Trading: On Which Stocks With Plus500?

In the stock market, Plus500 offers one of the largest lists of stocks to choose from. In fact, we find all the major stock markets in the world, on which there are all the major stocks, with over 2000 shares. 1000 of which are listed on the Wall Street Stock Exchange (New York) and as many are present in various European and global stock exchanges, such as the Italian FTSE MIB in Milan, Frankfurt, Madrid, Singapore, Tokyo, Paris, London and so on.

Plus500 also allows you to play on the stock exchange on many other shares not present on other platforms, such as Eni securities.

You will find the complete list on the dedicated page of the website of Plus500 , where you can see all the more than 2000 shares.

How to Trade Eni Shares on Plus500

On Plus500 you can play with Eni shares quickly and intuitively on the stock exchange, choosing whether to buy or sell the stock concerned. All this thanks to the innovative and effective graphics.

To find Eni shares on Plus500 you just have to:

  • enter the “Shop” screen;
  • choose the category Actions;
  • choose the possible sub-category (for example the initial if we want to trade on a security listed on the American stock exchange).

Once the subcategory has been selected, its actions will be displayed in the central part of the screen (see image below).

At this point the trader will decide his strategy of buying and selling, choosing whether to buy or sell shares, or whether to earn at the rise or fall of a certain stock.

What Does It Mean To Buy An Eni Share On Plus500?

Buying an Eni share on Plus500 means opening a Long position by buying a “Buy” type CFD. Plus500 is a CFD broker, where the shares you are going to buy are represented by equity CFDs.

If you want to buy an Eni CFD stock on Plus500, the trader is playing on the stock exchange trying to earn thanks to the rise of the Eni stock listed on the stock market. By opening a Buy position, he will aim to make a profit in proportion to the increases in the shares chosen.

What Does It Mean To Sell Eni Shares On Plus500?

Selling an Eni share on Plus500 means opening a short position by buying a “Sell” type CFD. As explained above, Plus500 is a CFD broker, where the shares you are going to sell are equity CFDs.

If you want to sell an Eni CFD stock on Plus500, the trader is playing on the stock exchange trying to earn money by lowering the Eni stock listed on the stock market. By opening a “Short” position, the trader will aim to make a profit in proportion to the fall of the chosen shares.

How Do I Open An Eni Plus500 Trading Position?

Once you have chosen whether to make a purchase of long securities or sell short securities on Plus500, you can open your position.

Below, we see the details window for opening a position to buy Eni shares on Plus500.

The window is very explanatory, here are all the elements to pay special attention to:

  1. Contracts: represents the amount of CFD Shares that you intend to trade.
  2. Use leverage: this is the leverage applied. CFDs are leveraged instruments and therefore allow you to trade on a higher number of shares than the investment required. Plus500 applies leverage up to 1:30.
  3. Margin requirement: is the actual amount of investment based on the leverage applied, i.e. how much the trader will actually invest in his transaction.
  4. Stop Limit: When this box is checked, the trader indicates a maximum profit threshold with which he is satisfied, once this level is reached, the position will close automatically.
  5. Stop Loss: When this box is checked, the trader indicates a maximum loss threshold, which once reached will automatically close the position.
  6. Guaranteed Close: This option is not always available, and is used to stop the position in case of significant price changes. It requires an additional spread.
  7. Buy/Sell: with this button you can confirm the chosen settings, starting your request.

Concluding A Trade: Closing The Position

To open the position, we have seen that just click on the button that appears in the window of the finalization of the order.

If the trader wants to close his position, because he is happy with the gains or because he is no longer convinced of keeping it open, simply click on the button “Close position”.

It is important to remember that to close the position you simply have to “close it”. It can happen to inexperienced traders that, instead of closing a position, they open an opposite one (for example opening a Sell position with the intention of closing a Buy position). We recommend that you avoid this procedure because it is wrong.

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