Compare the best brokers to buy stocks with PayPal

There are many brokers around that let you buy shares with PayPal. Find out the best options and what to consider when investing.
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: Aug 2, 2021
Tip: our preferred broker is, eToro: visit & create account

If you’re just starting out in the world of online stock trading, funding your investments with PayPal can be an easy way for you to get started. This guide takes you through the best PayPal stockbrokers, and what to think about when choosing a trading platform.

Here are the best stock brokers that accept PayPal

When searching for the best trading platforms that accept PayPal, you need to look for factors such as low transaction fees, high-class security features, and an easy-to-use trading platform. We’ve compiled a list of your best options in the following table. If you need more information, scroll down and keep reading.

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 PayPal stock broker?

They are platforms that allow you to trade stocks online and accept PayPal as a method of payment. Brokers act as middlemen to complete stock trades, charging small fees for carrying out your orders. PayPal is an online payments system that has become increasingly popular over the last few years.

Pros and cons

When deciding if you should trade stocks online with PayPal, consider these benefits and drawbacks:

Pros

  • Convenient. If you already use PayPal for everyday purchases, it’s a simple transition to start using your account for share trading.
  • Fast. You can usually purchase stocks online in a matter of minutes. That means if you already have PayPal, you can start trading stocks online right away.
  • Easy to use. Once you’ve linked your PayPal account to your broker account, the trading process is usually simple and straightforward.

Cons

What are the fees involved when trading online using PayPal?

Most online brokers charge just a few pounds per transaction regardless of payment method, and the same is true when using PayPal.

What to look for when investing with PayPal brokers

Here are some important qualities to look for when comparing different brokers. It’s not enough just that they accept PayPal, you want to ensure they’re providing you with 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 PayPal 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.

Is it safe to buy stock with PayPal?

Yes, it is generally safe. This doesn’t mean this will be true on every platform, however. To keep yourself and your money safe, make sure to use regulated brokers and check out our in-depth reviews for information on each platform’s safety features.

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

Yes, if you’re using a regulated broker. Online stockbrokers follow KYC (Know Your Customer) guidelines, so you may be asked to provide personal information when you sign up. That could include anything from your email address to a copy of your photo ID card.

How to fund your online broker account with PayPal

Different brokers may have slightly different procedures for making trades. Most platforms require just a few simple steps to fund your account, though. Those steps look something like this:

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

FAQs

What is PayPal?
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 PayPal?
Are there limits to how many stocks I can buy with PayPal?
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 PayPal 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.