A stock consists of all the shares of a corporation that are traded on a public market, called a stock exchange. By owning shares of a stock, you own a small piece of the company in which you’re investing. The goal when trading a stock is to sell your shares at a higher price than the one at which you bought them, thus making a profit.

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How to buy stocks with credit card stock brokers in 2023

Find a stock broker that accepts credit cards. Learn how to buy stocks using a credit card broker with our step-by-step guide.

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Updated: Feb 3, 2023

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What you’ll learn

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

Where to buy stocks with credit card

The best stock broker that accepts credit card is eToro .

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

How to fund your credit card broker account

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

Step 1. Sign up with eToro

eToro is the best stock broker that accepts credit card 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.

Step 2. Go to the deposits or payments page on your trading app

You will find this in the main menu or site navigation tab. It may be labelled ‘bank’ or ‘account’, each credit card brokerage is different.

Step 3. Choose credit card from the list of options

Choose your payment method from the drop down menu. There may be a lot of options, so scroll down until you find credit card.

Step 4. Enter the amount of money you want to deposit and confirm

Decide how much you want to deposit and type that amount into the box. Bear in mind that there may be a fee for credit card deposits.

Double check the details and then make the deposit. You may have to confirm the transaction with credit card before it goes through.

Step 5. Search for your favourite stock and place an order

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.

Find broker & start trading

Quick answers to key questions

What is a credit card stock broker?

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

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

Can you buy stocks with credit card?

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

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

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

It costs up to 1% of the deposit amount. Trading platforms normally offer free deposits, but credit card deposits incur a small charge.

Is it safe to buy stocks with credit card?

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

Do I need to provide ID when I buy shares using credit card?

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 credit card

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

Pros

Convenient. If you already use a credit card for everyday purchases, it’s easy to start using that same card to trade stocks online. Just link your credit card to your stock brokerage account and you can start trading.
Security. Most major credit cards offer 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 stock broker account quickly using a credit card, allowing you to begin trading stocks whenever you’re ready.

Cons

Not anonymous. By linking your credit card to your online stock brokerage account, you’re sharing financial information, thus sacrificing privacy.
Potential interest charges. As with all credit card purchases, paying for stock trades with your credit card can incur interest charges if you fail to pay off the full balance on your card by the monthly due date. Make sure you keep up to date on your credit card payments, or else the interest you have to pay out could negate the gains you make on your trades.

What to look for when investing with a credit card stock broker

If the stock broker you’re considering accepts a credit card as a payment method, you can then consider other factors to ensure your chosen platform offers great service. Here are some important qualities to look for:

Low transaction fees. Most brokers won’t charge too much per trade. But a difference of a few pounds between one broker and another can add up, especially if you’re a frequent trader. Look for brokers that charge the lowest transaction fees for trading stocks online.
Speed. Look for a stock broker that can execute your stock purchases quickly and efficiently. The stock market moves fast and you want to be able to react quickly as prices fluctuate.
Ease of use. The best stock brokers make the process of buying stocks online with a credit card a simple, painless process. Don’t choose a broker that gets in the way.
A strong reputation. Good reviews and a respected track record can give you peace of mind that the trading platform you’ve chosen is trustworthy and reliable.
Great customer service. The broker you choose should offer fast, helpful, on-demand customer service.

Find broker & sign up

FAQs

Does eToro accept credit cards?

What is a credit card?

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 get with a credit card?

Are there limits to how many stocks I can buy with a credit card?

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 credit card stock broker let me trade with leverage?

OK, I’m ready to choose a broker

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 >

James Knight

Editor of Education

James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.

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1. How to buy stocks with credit card stock brokers in 2023
2. Where to buy stocks with credit card
3. How to fund your credit card broker account
4. Quick answers to key questions
5. Pros and cons of buying stocks with credit card
6. What to look for when investing with a credit card stock broker
7. FAQs