Buy KPN Stock with eToro
Buy KPN Stock with eToro

Listed at Euronext in Amsterdam (Stock Symbol: KPN)

How to Open a Trading Account to Invest in KPN 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 KPN 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 KPN, you have to:

  1. open a trading account as explained before,

  2. deposit money,

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

  4. press the "Buy" button.

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

About KPN

Dutch telecommunications provider KPN was founded in 1989 as a result of privatisation measures by the Dutch government. Previously owned by the PTT group, KPN, also known as Koninklijke KPN NV, provides Internet, mobile, landline and IT services, primarily in the Netherlands. KPN previously owned subsidiaries in Belgium, France and Germany, but has since divested most of those holdings. KPN is traded as KPN. NV on the Amsterdam-based Euronext exchange. As part of its privatisation initiative, the Dutch government began selling off KPN stock, fully divesting its shares by 2006. After relinquishing its veto powers, KPN became a genuinely private company.

Several prominent companies had considered purchasing KPN in the past. Spanish telecom provider, Telefonica, is one such example, strongly considering a bid in 2001 that never materialised. Another instance is the 2013 buyout attempt of KPN by Mexican billionaire Carlos Slim. Already owning a minority stake of 30% in the company, Slim made a bid of $9.49 billion through his telecom provider, America Movil. It is a rumour that the Dutch government foiled the attempt.

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