Compare the best brokers to buy stocks with Google Pay

There are a large number of brokers that allow you to buy shares with Google Pay. Find out how to choose between them.
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
Tip: our preferred broker is, eToro: visit & create account

A growing number of online stockbrokers accept Google Pay as a payment method. This guide will walk you through the best Google Pay stockbrokers available and give you useful tips on how to find the right platform for you.

Here are the best stock brokers that accept Google Pay

When searching for the best trading platforms, you want to consider factors such as transaction fees, security, and ease of use. We’ve compiled a list of the top platforms in the table below, with more information further down the page if you’re still unsure.

1
Min. Deposit
$50
Exclusive promotion
user-score
10
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
Description:
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:
CySEC, FCA
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.
2
Min. Deposit
$1
Exclusive promotion
user-score
9.3
0 Commissions and no deposit minimums
Registered with and regulated by SEC and FINRA
Loss of cash protection
Start Trading
Description:
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 Google Pay stock broker?

A stockbroker is a service that allows you to trade stocks online. Google Pay is a mobile payment service owned and operated by Google that’s accepted around the world for all kinds of purchases. This means Google Pay stockbrokers are simply brokers that allow you to use your Google Pay account to buy and sell shares.

Pros and cons

These are the benefits and drawbacks you should consider before making trades using money in your Google Pay account.

Pros

  • 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

What are the fees involved when trading online using Google Pay?

Most online stock brokers charge just a few pounds per transaction for different payment methods, including Google Pay.

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. 

Is it safe to buy stocks with Google Pay?

Yes, it is generally safe because Google Pay offers built-in security features that make it safe to use for all kinds of purchases. That said, different platforms have different security features, so be sure to consult our in-depth reviews to compare your options and find the most secure broker possible.

Do I need to provide ID when I buy shares with Google Pay?

Yes. Online stock brokers usually follow KYC (Know Your Customer) guidelines, which means they will likely ask for identification when you sign up. You may need to provide anything from simple personal information such as your email address to an actual copy of a photo ID card.

How to fund your online broker account with Google Pay

Different brokers may have slightly different procedures for making trades, but there are a few steps that are common to all platforms. Here’s the general process you’ll have to go through.

  1. Find the payments or deposits page on your stock broker’s website or app.
  2. Select Google Pay as your preferred payment option.
  3. Enter your Google Pay account information.
  4. Enter the amount of money you wish to deposit into your stock trading account.
  5. Click confirm.

FAQs

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?

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.