Skip to content
SuperMoney logo
SuperMoney logo

How to Invest in Roblox Stock in 6 Easy Steps

Last updated 03/19/2024 by

Lacey Stark

Edited by

There are a couple of ways to invest in Roblox stock, which is traded on the New York Stock Exchange (NYSE: RBLX). You can either buy Roblox stock directly or invest in mutual funds or exchange-traded funds (ETFs) that include Roblox and other firms in the tech or gaming sector as part of its asset allocation. Buying index funds is typically considered less risky than purchasing individual stocks.
Now that Roblox Corp. is a publicly traded company, you can buy Roblox stock today if you want. Whatever investment decisions you make, keep in mind that a diverse portfolio does not guarantee success. But it does minimize your risk. Neither does the past performance of a stock predict what will happen in the future. With that in mind, let’s take a closer look at Roblox stock and see if this is one of the right financial products for your personal investment portfolio.

Compare Investment Advisors

Compare the services, fees, and features of the leading investment advisors. Find the best firm for your portfolio.
Compare Investment Advisors

About Roblox

Roblox Corporation is an online gaming platform where young gamers can develop games and play games developed by others, while interacting with other users from around the globe. Started in 2004 by co-founders David Baszucki and Erik Cassel, the company is based in San Mateo, CA.
Roblox’s mission is to build a human co-experience platform that enables billions of users to come together to play, learn, communicate, explore, and expand their friendships.
While the platform is free to use, Roblox generates revenue by offering paid memberships and allowing users to purchase Robux, its virtual currency. Robux can be used to buy clothing and accessories for its avatars and to unlock some gaming experiences. Of course, there is also advertising on the site.
The company went public in March of 2021 with a direct listing IPO, and is traded on the New York Stock Exchange under the ticker symbol RBLX.

How to invest in Roblox stock

When planning your strategy, it’s never a bad idea to get investment advice from a professional. However, if and when you’re ready to buy Roblox stock, here’s what you need to do.

1. Open a brokerage account

If you don’t have one already, you’ll need to open a brokerage account to buy and sell securities, including, of course, Roblox stock. Luckily, in an effort to remain competitive with the proliferation of mobile investing apps, most brokerage firms now have zero commission fees.
Fees can whittle into your nest egg, so try to find a brokerage account with minimal extraneous fees.

SuperMoney may receive compensation from some or all of the companies featured, and the order of results are influenced by advertising bids, with exception for mortgage and home lending related products. Learn more

Loading results ...

Another nice development in brokerage firms is the ability to purchase fractional shares. This means you can still buy pieces of companies you’re interested in without having to come up with more than $2,000 for a single share of Google stock, for example.

2. Fund your account

Most commonly, you will fund your investment account by means of a bank or wire transfer, or sometimes with a debit card. Most brokerage firms will not accept credit cards and it’s generally not a good idea to invest with money you don’t already have—and pay high interest rates to boot.
If you take only one piece of investment advice from this article: don’t buy stocks with your credit card. A further investment recommendation: only invest money you can afford to lose.

3. Research investment options

Now that you have a brokerage account and you’ve put some money into it, it’s time to outline your investment objectives and decide where you want to put your money.
For example, what is your own risk tolerance and investment time horizon? Basically, are you looking to make a quick buck on short holds or are you going for a more long-term investment strategy? These are questions you need to ask yourself before making any investments.
Once you’ve outlined your financial goals, do your research. For example, Roblox is a publicly traded company, which means you can access its financial records, including quarterly reports, balance sheet, and annual returns.
Frankly, someone else has probably done the technical analysis for you already, so you might want to take advantage of that. However, many trading platforms don’t provide live updates. So you may want to consider a subscription service to receive live market data about your prospective investments.

4. Choose your investment type and budget

Regardless of how much money you have in your brokerage account, you will want to come up with a budget. How much are you willing to spend on Roblox stock specifically? Because it’s important to have a diverse portfolio, you don’t want to put all your eggs in one basket.
This is when you decide if you want to buy Roblox stock directly or if you think an ETF that includes Roblox stock is a better investment. Based on your budget, you can also decide how many shares you want to purchase.
Buying ETFs is considered a safer investment strategy than buying individual stocks. It gives you exposure to Roblox stock while diluting your risk across the performance of many other companies.

5. Start trading

To buy Roblox stock today, you need to go to your trading screen and set up an order. There are three basic ways to place an order.
Market order: This type of order is fulfilled immediately at the current market price of the stock or index fund. This is what you do if you like the share price and don’t think you can do any better.
Limit order: A limit order is only executed at the price target an investor sets up. So if you want to buy Roblox stock, but don’t want to pay more than $35 a share, you list that as your price target. And if the share price goes over that amount, the order will not go through.
Stop/loss order: This sets up your order to either buy or sell your shares at a specified price. This can help to mitigate losses if the share price gets either too high or too low for your comfort level.
Once you’ve chosen your order type, you will be asked to preview your transaction and then you can confirm your order.

6. Monitor your Roblox stock

Now that you’ve placed your order, you can sit back, relax (maybe), and watch how your investment performs. If you haven’t put a stop limit on your order, you’ll want to keep on eye on the share price so you don’t lose too much money if the price plummets. Or, alternatively, try to gauge (or guess) when is an optimal time to sell your stock for a profit if the share price increases dramatically.

Pro Tip

Consider buying index funds rather than individual stocks if you want to mitigate the risk of only betting on an individual company. It’s kind of like betting on more than one horse in the Kentucky Derby.


What ETFs carry Roblox stock?

There are dozens of ETFs that carry at least some Roblox stock. Roundhill Ball Metaverse ETF (METV), for example, has the greatest RBLX exposure at 7.54%. ARK Innovation ETF (ARKK) has the most RBLX stock at 4.9 million shares, according to And First Trust Index Metaverse ETF (ARVR) is one of the top performing ETFs with exposure to Roblox stock. Those are just a few of your options—do your research and pick the one that fits your budget and goals.

Do I have to pay taxes on earnings from Roblox stock?

When an investor buys and holds an individual stock or bond, the investor must pay income tax each year on the dividends or interest received. But the investor won’t have to pay any capital gains tax until they actually sell, and then only if they turn a profit.
Mutual funds and ETFs are a little different. An investor may also have to pay taxes each year on the mutual fund’s or ETF’s capital gains, even if the mutual fund or ETF has had a negative return and the investor hasn’t sold any shares.

SuperMoney may receive compensation from some or all of the companies featured, and the order of results are influenced by advertising bids, with exception for mortgage and home lending related products. Learn more

Loading results ...

How much will a share of Roblox stock cost?

It’s impossible to predict what a stock price will be when you want to buy or sell it. Share prices fluctuate daily—sometimes from minute to minute. At 12:53 Central time on Tuesday, June 7, 2022, for example, Roblox was trading at $30.89. If you bought it when the market opened that day, you would have paid $30.96; if you bought just before the market closed, it was going for $31.44.

Key takeaways

  • Roblox is an interactive gaming platform for young users. It combines playing games and developing games, while interacting with other users.
  • Because Roblox Corp. is a publicly traded company, you can buy Roblox stock today.
  • The two main ways investors buy RBLX stock is by purchasing individual shares or through an ETF that holds Roblox along with other companies.
  • Technology stocks tend to be more volatile than other securities, so investing in an ETF with exposure to RBLX stock can be a safer investment option.

SuperMoney may receive compensation from some or all of the companies featured, and the order of results are influenced by advertising bids, with exception for mortgage and home lending related products. Learn more

Loading results ...

Share this post:

You might also like