How to buy stocks with Google Pay stock brokers in 2023

Find a stock broker that accepts Google Pay. Learn how to buy stocks using a Google Pay broker with our step-by-step guide.
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Updated: Aug 17, 2023
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What you’ll learn

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  • How to find a stock broker that accepts Google Pay, charges low fees, and keeps your money secure
  • How to buy stocks with Google Pay for the first time
  • The pros and cons of buying stocks with Google Pay

Where to buy stocks with Google Pay

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The best stock broker that accepts Google Pay is eToro .

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.

1
Min. Deposit
$ 10
Best offer
User Score
10
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA

77% of retail CFD accounts lose money.

2
Min. Deposit
$ 0
Best offer
User Score
9.9
Get insights from millions of investors, creators, and analysts
Build your portfolio of stocks, ETFs, and crypto–all in one place
No minimum deposit
Start Trading
Payment Methods:
Bank Wire, Check, Debit Card, Wire Transfer
Full Regulations:
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
-
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.
Start Trading
Payment Methods:
Full Regulations:

How to fund your Google Pay broker account

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It takes 10-15 minutes to set up a trading account with a broker that accepts Google Pay. Follow this guide to learn how to invest with Google Pay.

Step 1. Sign up with eToro

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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.

1
Min. Deposit
$ 10
Best offer
User Score
10
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA

77% of retail CFD accounts lose money.

Step 2. Go to the deposits or payments page on your trading app

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You will find this in the main menu or site navigation tab. It may be labelled ‘bank’ or ‘account’, each Google Pay brokerage is different.

Step 3. Choose Google Pay from the list of options

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Choose your payment method from the drop down menu. There may be a lot of options, so scroll down until you find Google Pay.

Step 4. Enter the amount of money you want to deposit and confirm

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Decide how much you want to deposit and type that amount into the box. Bear in mind that there may be a fee for Google Pay deposits.

Double check the details and then make the deposit. You may have to confirm the transaction with Google Pay before it goes through.

Step 5. Search for your favourite stock and place an order

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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.

Quick answers to key questions

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What is a Google Pay stock broker?

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A trading platform where you can buy and sell stocks and which accepts Google Pay as a means of funding your trading account. 

Stock trading apps that accept Google Pay act as middlemen to complete stock trades, often charging a small fee for carrying out your orders.

Can you buy stocks with Google Pay?

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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?

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It’s free. Many trading platforms offer free deposits for all popular payment methods.  

However, you may have to pay a flat fee when you withdraw money to Google Pay.

Is it safe to buy stocks with Google Pay?

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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?

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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. 

Pros and cons of buying stocks with Google Pay

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When deciding if you should invest with Google Pay, consider these benefits and drawbacks:

Pros

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  • 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. 

Cons

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What to look for when investing with Google Pay brokers

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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. 

FAQs

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Does eToro accept Google Pay?
What is Google Pay?
What are stocks?
What’s the difference between stocks and shares?
What other payment methods can I use when buying stocks?
How do I pick stocks?
What stocks can I buy with Google Pay?
Are there limits to how many stocks I can buy with Google Pay?
How can I keep up with the stock market?
What’s the best way for a beginner to learn about online trading?
What’s the biggest factor to watch out for when trading stocks?
How much should I venture on online trading as a beginner investor?
What’s another tip that beginner investors should follow?
Can I bet on a stock to go down in price too?
Will a Google Pay stock broker let me trade with leverage?


Sources & references
Risk disclaimer
James Knight
Editor of Education
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.