How to buy stocks with Zelle stock brokers in 2024

Find a stock broker that accepts Zelle. Learn how to buy stocks using a Zelle broker with our step-by-step guide.
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Updated: Sep 18, 2023
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What you’ll learn

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

Where to buy stocks with Zelle

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The best stock broker that accepts Zelle is Plus500 .

Here are three more stock trading platforms where you can buy stocks with Zelle, ranked according to their trading fees, security features, and platform reliability.

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1
Min. Deposit
$ 100
Best offer
User Score
9.9
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Visa, Mastercard, American Express, Trustly, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill
Full Regulations:
ASIC, FCA, FSA, MAS, CySEC #250/14

Buy or sell stock CFDs with Plus500. 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
$ 100
Best offer
User Score
9.9
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, Debit Card, PayPal, Credit Card, Wire Transfer
Full Regulations:
CySEC, FCA

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. 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 BD.

3
Min. Deposit
$ 0
Best offer
User Score
9.0
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:
Debit Card, Wire Transfer, Check, Bank Wire
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.

How to fund your Zelle broker account

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

Step 1. Sign up with Plus500

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Plus500 is the best stock broker that accepts Zelle 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
$ 100
Best offer
User Score
9.9
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Visa, Mastercard, American Express, Trustly, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill
Full Regulations:
ASIC, FCA, FSA, MAS, CySEC #250/14

Buy or sell stock CFDs with Plus500. 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.

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 Zelle brokerage is different.

Step 3. Choose Zelle 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 Zelle.

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 Zelle deposits. 

Double check the details and then make the deposit. You may have to confirm the transaction with Zelle 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.

Buy stocks with Zelle

Quick answers to key questions

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What is a Zelle stock broker?

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

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

Can you buy stocks with Zelle?

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Yes, by using Zelle to fund a trading account with a stock broker. 

To be clear, you can’t buy stocks on Zelle. However, you can use it to make a deposit on a trading platform. All these recommended trading platforms accept Zelle deposits. 

How much does it cost to fund a trading account with Zelle?

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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 Zelle.

Is it safe to buy stocks with Zelle?

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Yes, it is safe, as long as you use a regulated broker. We only recommend regulated stock brokers that accept Zelle, 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 Zelle brokerage is regulated by a reliable financial authority or not.

Do I need to provide ID when I buy shares using Zelle?

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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 Zelle

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

Pros

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  • U.S. dollar transfers reach accounts within minutes or hours which means funding your brokerage account is quick. 
  • Easy integration for brokers to accept transfers directly into accounts.
  • No fees charged for sending or receiving money.
  • Uses bank-level encryption and security measures.

Cons

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What to look for when investing with Zelle brokers

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Here are some important qualities to look for when comparing different stock trading apps that accept Zelle. You want to ensure that your Zelle 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.
  • 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 trading platform that will execute your stock purchases quickly and efficiently. Ideally, you should be able to purchase stocks online using Zelle 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.
Register with a Zelle stockbroker

FAQs

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What is Zelle ?
Is Zelle safe?
Where is Zelle accepted?
Does eToro accept Zelle ?
Can I use Zelle to buy stocks?


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Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.