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Beyond Meat is a revolutionary company leading the movement of replacing meat with plant-based alternatives.
As people throughout the latest years have sought to decrease their consumption of meat, companies like Beyond Meat has grown at an impressive rate.
Some investors believe the trend of people switching to plant-based alternatives will continue, which could help Beyond Meat grow their operations and thereby their stock price.
If the trend continues, and Beyond Meat is able to capitalize on this, investors can profit by purchasing the Beyond Meat stock.
Buying Beyond Meat stock can be done easily through the IQ Option platform; here’s how.
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How to buy Beyond Meat stock on IQ Option
To buy Beyond Meat stock on IQ Option, you first need to open an account.
Once inside the IQ Option trading platform, you have to open up the Beyond Meat asset.
To do this, press the plus icon in the top menu, which will open up the asset selection menu.
Select Stocks on the left side of the assets window, search up Beyond Meat, and press it.
You will now be on the page for Beyond Meat, where you can trade the stock.
On the right side of the screen, you have two options – Buy or Sell.
To buy Beyond Meat, type in the amount you wish to invest, set an auto-close, or leave it at 50%, press Buy, and then press Confirm Buying.
Your buy position will open immediately if the market is open. If the market is closed, you can place a pending order, which will execute as soon as the market opens.
You can see when the market for a specific stock opens in the top right corner of the particular stock under ‘Asset opens in.’
As you trade CFDs when you buy and sell stocks on IQ Option, your position will, by default, be traded at a 5x leverage.
A 5x leverage means that your results are multiplied by five.
For example, if Beyond Meat rises 1% while you have an open buy position on the stock, your position will rise 5%.
Likewise, if Beyond Meat falls 1% while you have an open buy position on the stock, your position will fall 5%.
To learn more about fees when buying Beyond Meat stock on IQ Option, check out our CFD trading fees explanation.
Disclaimer: Investerfy.com is not a financial advisor. All content on this site is for educational purposes only. Make sure you understand the risk associated with investing and trading. This post is not advice on how or when you should trade a stock, nor is it making any prediction of how the stock price will move in the future.