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Updated:
Aug 17, 2023
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Here are three more stock trading platforms where you can buy stocks with Google Pay, ranked according to their trading fees, security features, and platform reliability.
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.
3
Min. Deposit
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Best offer
User Score
9.4
Scope Markets is a regulated entity, following strictly the segregated accounts principal by offering a wide range of products together with Multi-Platform trading facilities.
Scope Markets offers one of the most comprehensive multimedia trading education libraries for traders all levels.
We commit to full transparency, excellence and continuous innovation.
eToro is the best stock broker that accepts Google Pay as a payment method.
To set up a trading account you must enter some personal details, like your name, street address, and email, and provide a valid photo ID for verification.
Each stock trades under a unique ticker symbol. For example, Apple stock trades as ‘AAPL’. Search for the stock you want to buy using its ticker and place your first trade.
Yes, by using Google Pay to fund a trading account with a stock broker.
To be clear, you can’t buy stocks on Google Pay. However, you can use it to make a deposit on a trading platform. All these recommended trading platforms accept Google Pay deposits.
How much does it cost to fund a trading account with Google Pay?
Yes, it is safe, as long as you use a regulated broker. We only recommend regulated stock brokers that accept Google Pay, which are forced by law to keep your money secure and abide by various financial disclosure and transparency requirements.
If you aren’t sure about a platform, search for its company registration number with your local regulator. This way, you can find out if the Google Pay brokerage is regulated by a reliable financial authority or not.
Do I need to provide ID when I buy shares using Google Pay?
Yes, if you’re using a regulated broker. Online stock brokers follow KYC (Know Your Customer) guidelines, so you will have to provide a form of valid photo ID when you set up a trading account.
Valid ID includes your passport or driving licence, so always have at least one of those to hand when you create an account.
Convenient. If you already use the service for everyday purchases, it’s easy to start using Google Pay to trade stocks online. Just link your account to your broker account and you can start trading.
Security. Google Pay uses Google’s strong, built-in security and encryption capabilities to ensure that all your transactions (including your stock trades) are well protected.
Fast Deposits. You can fund your broker account quickly, allowing you to begin trading stocks whenever you’re ready.
Not anonymous. By linking your Google Pay to your online stock brokerage account, you’re sharing financial information, and thus sacrificing some of your privacy.
Not universally accepted. Not all stock brokers support this payment method, so you’ll need to use our comparison table on this page to find the options available to you.
What to look for when investing with Google Pay brokers
If the stock broker you’re considering using accepts Google Pay as a payment method, then you need to look at wider factors that indicate the level of service the platform provides. Here are some important qualities to look for.
Low transaction fees. If you’re a frequent trader, then even small transaction fees can add up over time. This means that it’s crucial to find a broker that offers competitive fees.
Speed. Look for a trading platform that can execute your stock purchases quickly and efficiently. The markets move fast and so being able to execute trades instantly is essential.
Ease of use. Getting into trading stocks requires learning about markets and strategies; no need to make it harder with a difficult-to-use trading platform. The best stockbrokers make the process of investing in stocks with Google Pay a simple process.
A strong reputation. Look for strong user reviews and a respected track record to ensure that the platform you’re using is worthy of your trust.
Great customer service. The trading platform you choose should offer fast and helpful customer service. If you find a platform that offers 24/7 customer service, even better.
Yes, eToro accepts Google Pay. As long as you add a Visa, Mastercard, or Maestro issued card to your Google Pay wallet.
What is Google Pay?
Google Pay is a mobile payment service provider, owned and operated by Google. Though more traditional methods such as bank transfers remain more popular payment methods for buying stocks online, Google Pay has been gaining in popularity over the past few years.
What are stocks?
A stock consists of all the shares of a corporation that are traded on a public market, called a stock exchange. By owning shares of a stock, you own a small piece of the company. Companies issue shares to raise money to expand their business, and people can hold them and profit if the company performs well over time.
What’s the difference between stocks and shares?
Stocks broadly refer to a small piece of ownership of a company. Shares refer to the amount of a certain stock that you own. For instance, if you’re an investor in Google stock, you may own one share, 10 shares, 100 shares, or more of that stock.
What other payment methods can I use when buying stocks?
Other payment methods that you can use online include:
Debit card
Credit card
Bank transfers
Apple Pay
Digital wallets
How do I pick stocks?
Do your research right here, on this site. Our investor education guides will teach you how to better understand the state of a company’s earnings and revenue growth (a process called fundamental analysis) as well as the slope of their stock charts (technical analysis). That way, you can make more informed decisions when investing in shares.
What stocks can I buy with Google Pay?
This will depend on the broker you sign up with. Different brokers offer different stocks to trade, so ensure there’s a wide range of tradeable assets available before creating an account.
Are there limits to how many stocks I can buy with Google Pay?
There is no limit to the number of stocks you can purchase with Google Pay. The only limit you could face is based on how much money you have available in your trading account.
How can I keep up with the stock market?
Start right here on Invezz. We offer in-depth news and analysis of the stock market, updated every day so that you’ll never be out of the loop. You can follow our stock news to get started.
What’s the best way for a beginner to learn about online trading?
One option is to make practice trades to start. Certain online stock brokers offer the ability to open a demo account and makr shadow-trade stocks in real time without venturing any actual money. That way you can get accustomed to online trading with no risk, before actually putting your capital on the line.
What’s the biggest factor to watch out for when trading stocks?
The state of the stock market as a whole plays a major role in affecting how individual stocks behave. In an uptrend (“bull market”), most stocks will go up. In a downtrend (“bear market”), most stocks will go down. Follow the market’s overall trend, as that will increase your chance of success.
How much should I venture on online trading as a beginner investor?
Consider keeping the size of your first few trades fairly small. All investors make mistakes, and beginners tend to make more of them. By investing small amounts of money when you’re starting out, the damage won’t be too severe even if you do make a bunch of mistakes at first.
What’s another tip that beginner investors should follow?
This is something you should always bear in mind: limit the size of your losses. This helps you survive to trade another day even if the market moves against you. Some investment strategies even recommend selling a stock if it falls even 8% from your purchase price. Granted, you may decide to allow a little more leeway than that, but the general idea of limiting the size of your losses is a sound one and will help you preserve capital for future trades.
Can I bet on a stock to go down in price too?
Yes, you can. Betting on a stock to go down is called selling a stock short, or “shorting.” This strategy can be a bit more challenging for beginner investors, so consider waiting on selling stocks short until you’ve gained more experience as an investor.
Will a Google Pay stock broker let me trade with leverage?
Most will let you trade with leverage. Trading with leverage means putting down a fraction of the capital required to make a trade, with your broker anteing up the rest. The upside of this strategy is you’ll make a bigger profit if you guess right. But if you guess wrong, the size of your loss will be much bigger than if you suffer a loss while not trading with leverage.
Trading with leverage comes with massively increased risk and we do not recommend that any beginner investor uses leverage when making stock trades.
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.
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 >
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the... read more.
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