How To Buy First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY) Stock

How To Buy FMAY

First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY) is an ETF listed on the BATS exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of FMAY.

1. Find a reliable broker.

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2. Fund your new account.

   You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.

3. Search for FMAY.

   When your funds are settled into your account, look for First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May on your broker by searching for the company name: First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May or the ticker symbol: FMAY.

4. Buy the stock.

   Once that you've found First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May on your broker, submit a purchase order to buy shares of the stock (currently $48.01 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.

   Once your order gets fulfilled, you've purchased your first shares of First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May.

   Tips When Buying

   When submitting your order, you may choose to buy shares of First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May at the market price with a market order or at a set price using a limit order.

   • Market order: Buys the stock immediately at its current price.
   • Limit order: Buys the stock only once it reaches your target price.

   By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of FMAY at a specific price.

Should You Buy FMAY Stock Now?

In the past week the price per share of First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May has gone up ↑0.46 (0.97%) and the daily volume has increased by more than 2x the daily average. You should buy FMAY now if you think the stock will continue going up in price.

In the end, you should be comfortable with the risk of the investment and only buy shares of FMAY when you feel the time is right.