Compare the best brokers to trade commodities with PayPal

Many brokers let you buy and sell commodities using PayPal. In this guide, find the best brokers accepting PayPal in 2024
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Updated: Sep 6, 2022
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Online brokers are increasingly accepting PayPal as a method of payment for trades. This guide highlights the best commodities brokers, and gives you all the information you need to consider when using your broker in this way.

Here are the best commodities brokers that accept PayPal

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We’ve compiled a list of the best brokers that accept PayPal as a method of payment, so you can quickly and easily compare your options.

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1
Min. Deposit
100 €
Best offer
User Score
10
Negocie +2000 CFD en acciones, opciones, productos básicos y más
Cuenta Demo ilimitada sin riesgos
0 comisiones y spreads atractivos
Start Trading
Payment Methods:
American Express, Apple Pay, Discover, Google Pay, Mastercard, PayPal, SEPA, Tarjeta de crédito, Tarjeta de débito, Transferencia bancaria, Trustly, Visa, , skrill
Full Regulations:
ASIC, FCA, FSA, MAS, cysec-250-14-regulator, isa-regulator

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2
Min. Deposit
40 €
Best offer
User Score
9.9
Oferta especial limitada: ¡0% de comisión y 0% de impuesto de timbre en TODAS las acciones!
Plataforma galardonada: compre activos físicos o negocie con apalancamiento
11 métodos de pago, incluido PayPal
Start Trading
Payment Methods:
American Express, Apple Pay, Discover, Google Pay, Ideal, Klarna, Maestro Master, Mastercard, POLi, Przelewy24, Rapid Transfer, SEPA, Sofort, Tarjeta de crédito, Tarjeta de débito, Transferencia bancaria, Transferencia bancaria, Trustly, Visa, Visa Electron, neteller, , , , , , , skrill
Full Regulations:
ASIC, CySEC, FCA

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

3
Min. Deposit
10 €
Best offer
User Score
9.5
Plataforma totalmente automatizada con transacciones instantáneas
Una amplia variedad de opciones de pago
Bueno para principiantes
Start Trading
Payment Methods:
American Express, Apple Pay, Discover, EPS, Giropay, Google Pay, Mastercard, Rapid Transfer, SEPA, Sofort, Tarjeta de crédito, Tarjeta de débito, Transferencia bancaria, neteller, skrill
Full Regulations:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong

What is a PayPal commodities broker?

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A commodity broker is a firm or person who executes orders to trade commodities, usually getting paid a commission to execute these orders. PayPal is one of the world’s largest online payment service providers. We’re looking at brokers that combine both features and allow you to fund your account with PayPal.

Pros and cons

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There are various benefits and drawbacks when using a broker that accepts PayPal. Here are some big things to bear in mind.

Pros

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  • Easy to use. Once you’ve linked your PayPal to your broker account, trading commodities becomes a quick and easy process.
  • Fast Deposits. You can fund your trades quickly using PayPal, allowing you to begin trading whenever you’re ready and allowing you to take advantage of fluctuations in the market.
  • Secure. Using PayPal means you benefit from the platform’s robust spending security features, helping to protect your money if your chosen broker turns out to be unreliable.

Cons

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What are the fees and commissions when using PayPal to buy and sell commodities?

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The fees and commissions you have to pay will vary from platform to platform. The good news is that there are brokers that charge little more than a few pounds per transaction. Our broker guides can help you find the platforms with the most competitive fee structures.

What to look for when trading commodities with PayPal brokers

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Here are the key aspects to consider when deciding between different trading platforms. 

  • Variety of commodities on offer. Look for a broker that lets you trade all kinds of different commodities with PayPal, as the best defence against sudden price drops in one commodity is to have a diversified portfolio.
  • Easy to use. Your chosen platform should be as easy to use as possible, so you can focus on making trades.
  • Speed. You ideally want to be able to capitalise on short-term market fluctuations, so look for a broker that can execute trades quickly.
  • Low transaction charges. Finding the lowest fees possible should always be on your list of priorities. The less you pay in transaction fees and commissions, the more money you’ll be able to spend on your trades.
  • Great customer service. The trading platform you choose should offer fast, helpful, responsive customer service in case something were to go wrong or you were unsure about an aspect of the platform’s service.
Find your broker

Is it safe to trade commodities with PayPal?

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Yes, it is generally safe to buy and sell commodities in this way. That said, different platforms have different security features and it’s important to compare your options. Using our reviews you can assess the security levels of each broker before you make your choice.

Do I need to provide ID when I trade commodities with a PayPal broker?

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Yes, you typically need to provide ID. Online commodities brokers follow KYC (Know Your Customer) guidelines, so you may be asked to provide personal information when you sign up. That could include anything from your email address to a copy of a photo ID card or passport.

How to trade commodities with PayPal

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Most brokers require just a few simple steps to fund your account. The exact steps vary from broker to broker, but the process tends to go as follows.

  1. Find the payments or deposits page on your commodities broker’s website or app.
  2. Select PayPal as your preferred payment option.
  3. Enter your PayPal account information.
  4. Enter the amount of money you wish to deposit into your commodities trading account.
  5. Click confirm.
Sign up & fund account

FAQs

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What are commodities?
What are soft commodities?
What commodities can I trade with PayPal?
Are there limits to how much of a commodity I can trade with a PayPal?
What other payment methods can I use when trading commodities?
What is commodities trading?
How can I keep up with the commodities market?
What charges are usually applied when buying and selling commodities?
What’s the best way for a beginner to learn about commodities trading?
What is PayPal?
What are futures contracts?
What are options contracts?
What is margin trading?
Is margin trading recommended for beginner commodities traders?
OK, I’m ready to choose a broker



Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.