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Updated:
Feb 3, 2023
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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.
Most Popular
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
Bank Transfer, Credit Card, Debit Card, PayPal, 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
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
$ 500
Promotion
User Score
9.0
We offer one of the best execution speeds in the industry with low latency
Bank Transfer, Bank Wire, Credit Card, Debit Card, PayPal, Sofort, neteller, skrill
Full Regulations:
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 CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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.
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.
Most Popular
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
Bank Transfer, Credit Card, Debit Card, PayPal, 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.
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.
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.
Yes, eToro accepts Visa, Mastercard, and Maestro credit cards.
What is a credit card?
A credit card is a payment card that lets users pay for goods and services without any actual money changing hands, with an agreement that the consumer will pay back the credit card issuer at a later date.
What are stocks?
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.
What’s the difference between stocks and shares?
Stocks broadly refer to a small piece of ownership of a company. Shares refer to the amount of a certain stock that you own. For instance, if you’re an investor in Barclays stock, you may own one share, 10 shares, 100 shares (or more) of that stock.
What other payment methods can I use when buying stocks?
Other payment methods that you can use include:
Debit card
Bank transfers
Apple Pay
Google Pay
Digital wallets
How do I pick stocks?
To pick stocks, you can do your research right here, on this site. Our investor education guides will teach you how to better understand the state of a company’s earnings and revenue growth (a process called fundamental analysis) as well as the slope and shape of their stock charts (technical analysis). That way, you can make more informed decisions.
What stocks can I get with a credit card?
If the stock broker you’ve selected accepts a credit card as a payment method, there should be no limit to the variety of different stocks available.
Are there limits to how many stocks I can buy with a credit card?
There is no limit. The only limit is based on how much money you have available in your trading account, the per-share prices of the stocks you want, and how many shares of each stock you’re looking for.
How can I keep up with the stock market?
Start right here on this website. We offer in-depth news and analysis of the stock market, updated every day, along with a range of stock trading courses.
What’s the best way for a beginner to learn about online trading?
If you’re a beginner, consider making practice trades to start. Certain online stock brokers offer the ability to set up a demo account and trade in real time, but without venturing any actual money. That way you can learn the ins and outs of online stock trading with no risk, before you actually put your capital at risk.
What’s the biggest factor to watch out for when trading stocks?
The state of the stock market as a whole plays a major role in affecting how individual stocks behave. In an uptrend (“bull market”), most stocks will go up. In a downtrend (“bear market”), most stocks will go down. Follow the market’s overall trend, and try not to swim against the tide.
How much should I venture on online trading as a beginner investor?
Consider keeping the size of your first few trades fairly small. All investors make mistakes, and beginners tend to make more of them. By investing small amounts of money when you’re starting out, the damage won’t be too severe even if you do make a bunch of mistakes at first.
What’s another tip that beginner investors should follow?
Limit the size of your losses. The most important thing is to make sure that when you win you make large gains, and when you lose you make sure you don’t take too much of a hit. You can place stop-loss orders to automatically sell your shares if the price falls by a set amount (say 8%) – protecting you from larger losses if the market tanks.
Can I bet on a stock to go down in price too?
Yes, you can. Betting on a stock to go down is called selling a stock short, or “shorting.” This strategy can be a bit more challenging for beginner investors, so consider waiting on selling stocks short until you’ve gained more experience as an investor.
Will a credit card stock broker let me trade with leverage?
Yes. Trading with leverage means putting down a fraction of the capital required to make a trade, with your broker putting up the rest.
The upside of this strategy is you’ll make a bigger profit if you guess right. But if you guess wrong, the size of your loss will be much bigger than if you suffer a loss while not trading with leverage. Because of these increased risks, we do not recommend leveraged trading for beginners.
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.
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 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…
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