Compare the best brokers to trade commodities with PayPal

You can buy and sell commodities with PayPal using a variety of online brokers. Find the best platforms to use.
By: Jonah Keri
Jonah Keri
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He… read more.
Updated: Jul 15, 2021

Online brokers are increasingly accepting PayPal as a method of payment for trades. This guide highlights the best ones, 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

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.

Min. Deposit
User Score
Trade/invest in stocks with just $50
Invest for dividends and get payout on stocks on Ex-Dividend day
Over 11 payment methods, including PayPal
Start Trading
eToro is a multi-asset investment platform with more than 2000 assets, including FX, stocks, ETF’s, indices and commodities. eToro users can connect with, learn from, and copy or get copied by other users. Buying stocks on eToro is free and you can invest with as little as $50.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.
Min. Deposit
User Score
0 Commissions and no deposit minimums
Registered with and regulated by SEC and FINRA
Loss of cash protection
Start Trading
Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.
Payment Methods
Full regulations list:

What is a PayPal commodities broker?

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

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


  • 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.


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

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

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.

Is it safe to trade commodities with PayPal?

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?

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

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.


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What is PayPal?
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Is margin trading recommended for beginner commodities traders?

Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Jonah Keri
Financial Writer
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He now writes about stocks, cryptocurrencies, and other… read more.