Buy Cargotec Stock with eToro
Buy Cargotec Stock with eToro

Listed at the Nasdaq OMX Helsinki Exchange (Stock Symbol: CGCBV)

How to Open a Trading Account to Invest in Cargotec Shares

Opening an investment account with an Online Broker is a process that is completed online and requires:

  1. First, choose the broker that best fits you. Here, we present eToro as the main choice.

  2. Upload an ID and a proof of address (electricity, water bills, etc.), through the Broker's App or via email.

  3. 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.

  4. 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.

  5. Upon the capital is credited into your credited account, you may now buy the Stock.

Is it easy to invest in Cargotec 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 Cargotec, you have to:

  1. open a trading account as explained before,

  2. deposit money,

  3. Search for "Cargotec" on the Broker's Trading platform, and

  4. press the "Buy" button.

And, done, you are officially investing in the co's shares.

About Cargotec

Cargotec is headquartered in Helsinki, Finland, and is a cargo and load handling solution provider operating in more than 100 countries worldwide and employing around 12,000 people in 43 countries. Company businesses include Kalmar, Hiab, MacGregor, and Navis.

Kalmar’s offerings include sustainable cargo handling equipment and automated terminal solutions, software and services. Hiab offers products and equipment for loading, unloading and lifting, delivering more than 0.5 million loader cranes over the past 75 years; MacGregor provides engineering solutions and services, and Navis offers terminal operating systems (TOS) and Bromma spreaders.

Every year, Cargotec is responsible for close to 800 million container moves being made globally in ports. Company assembly facilities are located in China, Finland, Germany, India, Ireland, Italy, Malaysia, Norway, Poland, South Korea, Spain, Sweden, the United Kingdom and the United States. A large part of its manufacturing has been outsourced to partner plants located mainly in Asia.

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