Buy Stocks with Venmo Brokers in 2025

Find a stock broker that accepts Venmo, and learn how to buy stocks with Venmo in our step-by-step guide.
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Updated on Aug 8, 2024
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With Venmo and retail trading both on the rise, more and more users are looking for ways to invest in stocks using Venmo.

We understand that you wish to make investing in stocks as simple and seamless as possible by using your preferred method of payment. That’s why we have rated and reviewed the best stock brokers that accept Venmo. Our goal is to help you find a safe, convenient, and cost-effective way to invest, your way.

Read on as we guide you through using Venmo brokers and tackle the most common questions new investors have.

Where to buy stocks with Venmo

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According to our research, the best stock broker that accepts Venmo is Start Trading .

Here are more stock trading platforms where you can buy and sell stocks after funding your account with Venmo, ranked according to their trading fees, security features, and platform reliability.

How to fund your Venmo stock broker account

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It takes 10-15 minutes to set up a trading account with a broker that uses Venmo, then another half an hour or so to fund it so that it’s ready to use. Follow this guide to learn how to invest using Venmo.

Step 1. Sign up with Start Trading

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Start Trading is the best stock broker that accepts Venmo 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 form photo ID for verification.

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 Venmo brokerage is different.

Step 3. Choose Venmo 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 Venmo.

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 an additional fee for Venmo deposits (though this is rare). 

Double check the details and then make the deposit. You may have to confirm the transaction with Venmo 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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Can you buy stocks with Venmo?

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Yes, many trading platforms allow you to buy stocks using Venmo. This payment option provides a convenient way to manage your funds and invest in the stock market without the hassle of traditional banking methods.

To be clear, you can’t buy stocks on Venmo. However, you can use it to make a deposit on a stock broker. All our recommended trading platforms accept Venmo deposits. 

What is a Venmo stock broker?

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A Venmo trading platform is an online service that allows you to trade stocks and other securities using Venmo to fund your account. It combines the power of online trading with the ease of Venmo transactions, making it easier for investors to manage their portfolios.

How much does it cost to purchase stocks online with Venmo?

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The cost of buying stocks online with Venmo can vary. Some platforms charge a small fee for transactions, while others offer free trades (but may charge you in other ways). Here’s a breakdown of the trading fees across the top stock trading apps accepting Venmo.

Depending on which broker you choose, there might be additional fees on top of the transaction costs. Some platforms charge for deposits or withdrawals (usually the latter) when you use Venmo, and others may charge you inactivity fees if you don’t use your account for a certain amount of time.

Here’s a look at the different costs among the best Venmo brokers.

Is it safe to buy stocks using Venmo?

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Yes, it is safe, as long as you use a regulated broker. We only recommend regulated stock brokers accepting Venmo, which are forced by law to keep your money secure and abide by various financial disclosure and transparency requirements.

Brokers that accept Venmo in the US must be registered with FINRA, a self-regulatory organization that ensures all stock brokers operate within the law. You can check whether your broker is registered simply by searching its name using BrokerCheck.

In addition to these protections, Venmo offers various forms of protection as well, such as 2-Factor Authentication, as well as anti-fraud protections that flag up suspicious transactions.

Do I need to provide an ID when I invest using Venmo?

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Yes, most online brokers require you to verify your identity to comply with legal and regulatory requirements. This step helps prevent fraud and ensures that all trading activities are legitimate and secure.

In practice, this means you have to provide a form of valid photo ID when you set up a trading account. Valid ID includes your passport or driving license, so always have at least one of those to hand when you create an account. 

What is the minimum deposit with a Venmo broker?

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Many brokers allow you to get started with as little as $10, although the amount varies. Some platforms might ask for $50 or $100 when you open an account. It’s important to choose a platform that aligns with your investment budget and goals.

Pros and cons of buying stocks with Venmo

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Buying stocks with Venmo is as quick and efficient as using any other deposit method. Using Venmo offers an extra layer of protection, although there’s still the risk of losing money, of course.

Here’s a quick summary of the pros and cons of using Venmo to buy stocks.

Pros

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  • Easily make payments in the same way you make purchases in everyday life and trade with just a few clicks.
  • Benefit from Venmo’s robust security features, including encryption and fraud protection.
  • Venmo‘s fast transactions mean you can seize market opportunities without delay.

Cons

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What to look for when investing with Venmo brokers

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Here are some important qualities to look for when comparing different stock trading apps that accept Venmo. You want to ensure that your Venmo brokerage provides a great service. Look for a trading platform with:

  • Low transaction fees. Most brokers won’t charge much per trade, but the differences between each platform can be important, as they add up over time. This is especially true if you’re making trades regularly. For this reason, make sure you’re choosing a broker that offers competitive fees.
  • Tier 1 regulatory protection. Ensure the broker is regulated by a recognized financial authority and can operate where you live. The FINRA register is one way to do this, but each country has its own version and a platform that’s regulated in the US, UK, or in places like Japan or the EU is typically one you can trust. This guarantees that the platform follows strict rules and protects your investments.
  • Great customer service. The broker you choose should offer fast, helpful, responsive customer service. If you can find a reputable platform that offers helpful customer service around the clock, even better. 
  • Speed. In order to take advantage of market fluctuations, you should look for a broker that will execute your stock purchases quickly and efficiently. Ideally, you should be able to purchase stocks online using Venmo in no more than a few minutes. 
  • Ease of use. The best platforms make trading simple and straightforward, so you can focus on making decisions on which stocks to trade rather than figuring out how to use the platform.
  • A strong reputation. You want to make sure you’re using a platform you can trust, so check it’s been operational for a while and has a history of good user reviews.

FAQs

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01

Does eToro accept Venmo?

02

What is Venmo?

03

What stocks can I buy with Venmo?

04

Are there limits to how many stocks I can buy with Venmo?

05

Will a Venmo stock broker let me trade with leverage?


Sources & references

James Knight

James Knight

Editor of Education

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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. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...