Compare the best brokers to buy stocks with Apple Pay

A variety of online stock brokers allow you to buy and sell shares using Apple Pay in 2022. Compare the best trading platforms and find out the pros and cons of each.
Updated: Sep 7, 2022

Get started in minutes with our preferred broker, eToro.

10/10
68% of retail CFD accounts lose money
Visit site

This guide takes you through everything you need to know about using Apple Pay to fund your stock broker account. From how these platforms work to the best stock brokers available, you can find all the details on this page.

Here are the best stock brokers that accept Apple Pay

When searching for the best stock brokers that accept Apple Pay as a payment method, consider factors such as transaction fees, security, and ease of use. We’ve compiled a list of your best options in the table below, with more information down the page if you still have questions.

1
Min. Deposit
$ 10
Promotion
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, Wire Transfer
Full Regulations:
CySEC, FCA
Investoo Ltd is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc., as applicable. This compensation incentivizes Investoo Ltd to describe those products and services in favorable terms. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.
2
Min. Deposit
$ 100
Promotion
User Score
10
Trade out-of-hours on over 70+ US stocks
Get exposure to a wide range of popular UK, US and international stocks
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal
Full Regulations:
ASIC, FCA, FINMA, is a licensed bank (IG Bank in Switzerland)
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
3
Min. Deposit
$ 0
Promotion
User Score
9.5
$0 commission and $0 Options contract fees
Upgraded research with advanced charts
Smart Menus for faster trades
Start Trading
Payment Methods:
Full Regulations:

What is an Apple Pay stock broker?

A stock broker is a service that allows you to trade stocks online. Apple Pay is a mobile payment service that’s accepted around the world for all kinds of purchases. An Apple Pay stock broker is therefore a stock broker that allows you to use Apple Pay to fund your account and pay for the shares you want.

Pros and cons

When deciding if you should use Apple Pay as a payment method, consider these benefits and drawbacks:

Pros

  • Convenient. If you already use Apple Pay for everyday purchases, it’s an easy transition to start using it to trade stocks online.
  • Security. Apple Pay already offers robust security features, so you can feel confident that the service’s high level of security will carry over to your online stock trades.
  • Fast Deposits. You can fund your stock broker account quickly using Apple Pay, allowing you to begin trading stocks whenever you’re ready. 

Cons

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

Most brokers charge just a few pounds per transaction (or a small percentage of the trade amount) for just about any kind of payment method, including Apple Pay. The exact fees will vary from broker to broker though, so we recommend checking out our reviews to find the best deal.

What to look for when investing with Apple Pay brokers

If the stock broker you’re considering accepts Apple Pay as a payment method, you next want to ensure that it offers a quality service. Here are some important qualities to look for:

  • Low transaction fees. Though most brokers won’t charge too much per trade, a difference of a few pounds between one broker and another can add up over time – especially if you’re a frequent trader. Favour brokers that charge the lowest fees and commissions so you can make the most trades possible.
  • Speed. Look for a stock broker that will execute your stock purchases quickly and efficiently so you can capitalise on market fluctuations.
  • Ease of use. The best brokers make the process of buying stocks quick and easy. Don’t waste time with overly complicated platforms.
  • A strong reputation. Strong user reviews and a respected track record within its industry can help set your broker apart from the competition.
  • Great customer service. The trading platform you choose should offer fast and helpful customer service. If you find a broker that offers customer service on a 24/7 basis, that’s even better. 

Is it safe to buy stock with Apple Pay?

Apple Pay offers built-in security features that make it a safe option for all kinds of purchases, including for stock trades. This means it is generally safe to use as a method for funding your trades – as long as you’re using a reliable broker.

Still, it is important to bear in mind that security features and encryption vary from broker to broker, so look for a platform that offers the highest levels of security. You can find many of these in the table above.

Moreover, some of them offer the possibility to switch your account into a virtual one for practicing your trading skills with fake money. To find out which ones and learn more about this safe option read more about best demo trading accounts.

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

Yes, you will likely need to provide some form of ID. Online stock brokers usually follow KYC (Know Your Customer) guidelines, which means they will likely ask for identification when you sign up. The level of ID you’ll need to provide could range from simple personal information such as your email address to providing an actual copy of a photo ID card.

How to fund your online broker account with Apple Pay

Different brokers may vary slightly in their procedures for making trades. That said, most brokerages follow a similar general framework of steps when it comes to the funding process:

  1. Find the payments or deposits page on your stock broker’s website or app.
  2. Select Apple Pay as your preferred payment option.
  3. Enter your Apple Pay account information (or simply follow the instructions on your phone to link your account and make the payment).
  4. Enter the amount of money you want to deposit into your stock trading account.
  5. Click confirm.

FAQs

What is Apple 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 Apple Pay?
Are there limits to how many stocks I can buy with Apple 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 an Apple Pay stock broker let me trade with leverage?

Sources & references
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 >