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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 Neteller, ranked according to their trading fees, security features, and platform reliability.
Most Popular
1
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 Neteller broker account
It takes 10-15 minutes to set up a trading account with a broker that accepts Neteller. Follow this guide to learn how to invest with Neteller.
ActivTrades is the best stock broker that accepts Neteller 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
$ 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.
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 Neteller brokerage is different.
Step 3. Choose Neteller 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 Neteller.
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 Neteller deposits.
Double check the details and then make the deposit. You may have to confirm the transaction with Neteller 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 Neteller as a means of funding your trading account.
Stock trading apps that accept Neteller act as middlemen to complete stock trades, often charging a small fee for carrying out your orders.
Can you buy stocks with Neteller?
Yes, by using Neteller to fund a trading account with a stock broker.
To be clear, you can’t buy stocks on Neteller. However, you can use it to make a deposit on a trading platform. All these recommended trading platforms accept Neteller deposits.
How much does it cost to fund a trading account with Neteller?
It’s free. Many trading platforms offer free deposits for all popular payment methods.
However, you may have to pay a flat fee when you withdraw money to Neteller.
Is it safe to buy stocks with Neteller?
Yes, it is safe, as long as you use a regulated broker. We only recommend regulated stock brokers that accept Neteller, 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 Neteller brokerage is regulated by a reliable financial authority or not.
Do I need to provide ID when I buy shares using Neteller?
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 Neteller
When deciding if you should invest with Neteller, consider these benefits and drawbacks:
Pros
Easy to use. Neteller is a fast, easy, and contactless way to make purchases, making it a good choice for purchasing stocks online.
Fast Deposits. You can fund your stock broker account quickly, allowing you to begin trading stocks whenever you’re ready.
Widely used. Neteller has a large user base, especially in Europe. The growing popularity of the service means it’s becoming increasingly popular for online trading.
Cons
Not universally accepted. While Neteller is widely accepted as a method of payment in Europe, it hasn’t yet caught on to the same extent in other major financial hubs, such as the United States.
What to look for when investing with Neteller brokers
When choosing a broker, it’s not enough that the platform simply accepts Neteller as a payment method. You need to ensure that the service offered by your chosen broker is competitive. These are the factors to which you should pay attention:
Speed. Look for a broker that will execute your stock purchases quickly and efficiently. Ideally, you should be able to complete your transactions in no more than a few minutes.
Ease of use. Most brokers make investing in shares quick and easy, so don’t settle for a platform that doesn’t.
Great customer service. The broker you choose should offer fast, helpful, highly responsive customer service.
Low transaction fees. Most brokers won’t charge much per trade. But a difference of a few pounds between one broker and another can add up over time, especially if you’re a frequent trader. For this reason, it’s important to find a platform that offers low fees on transactions to keep costs low.
A strong reputation. Strong user reviews and a solid track record can reassure you that the broker you’ve chosen is trustworthy and reliable.
Yes, eToro accepts e-wallets, including Neteller, Skrill, and PayPal.
What is Neteller?
Neteller is an e-money transfer service used to transfer money to and from merchants. It is particularly popular in Europe.
What are stocks?
Stocks are parts of companies that can be publicly traded. Each stock is made up of individual shares, and anyone can invest in these shares on a stock exchange.
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 want to purchase £1,000 worth of a stock that’s trading at £100 per share, you would hold 10 shares.
What other payment methods can I use when buying stocks?
Aside from Neteller, here are some other payment methods you can use for online stock investing:
Credit card
Debit card
Bank transfers
Apple Pay
Google Pay
Digital wallets
How do I pick stocks?
Start your research right here on Invezz by using our educational guides. If you’re looking to hold shares for a long time, then you’ll want to learn about fundamental analysis; if you want to trade stocks frequently and quickly depending on short-term price movements, then it’s essential to read about technical analysis.
What stocks can I buy with Neteller?
Assuming the stockbroker you pick accepts Neteller as a method of payment, there’s no limit to the variety of different stocks you can purchase. Not all brokers will offer every stock though, so check the broker’s offering before signing up.
Are there limits to how many stocks I can buy with Neteller?
There is no limit to the number of stocks other than how much money you have available in your trading account, the price of the stocks you are interested in, and how many shares of each stock you want to own.
How can I keep up with the stock market?
Start right here, at Invezz. We offer in-depth news and analysis of the stock market, updated every day, along with regular news updates so you never miss a beat.
What’s the best way for a beginner to learn about online trading?
If you’re a beginner, making practice trades can be a smart way to start trading stocks online. Some online stock brokers offer the ability to shadow-trade stocks in real time using demo accounts. This is recommended for beginners, as it allows you to learn how to trade stocks in a real environment, but without risking any money.
What’s the biggest factor to watch out for when trading stocks?
The state of the stock market plays a major role in how individual stocks behave. In an uptrend (“bull market”), most stocks go up. In a downtrend (“bear market”), most stocks go down. Follow the market’s overall trend as much as you possibly can to increase your chance of success.
How much should I venture on online trading as a beginner investor?
Keep the size of your first few trades fairly small. All investors make mistakes, and beginners often make more mistakes. By investing a small amount of money at first, you won’t lose too much money if you slip up. You can always increase the size of your trades as you gain more experience and expertise.
What’s another tip that beginner investors should follow?
Limit the size of your losses. This is one of the most important things when trading stocks and shares. Some investment strategies recommend selling a stock if it falls just 10% (or less) from your purchase price. You may decide to allow a little more leeway than that. But limiting the size of your losses will help you preserve capital for future trades.
Can I bet on a stock to go down in price too?
Yes, and when investors do this it is known as short selling. It’s slightly complicated and best left to experienced investors, but you can profit when a stock falls in value by selling your shares and then buying them back at the new lower price. That way you end up with the shares you started with, and also the extra money equivalent to the difference between the sale and purchase price.
Will a Neteller stock broker let me trade with leverage?
Many Neteller stock brokers will let you trade with leverage. Trading with leverage means putting down a fraction of the capital required to make a trade, with your broker putting up the rest. If you guess right, you’ll earn a bigger profit than you would if you only put up your own money. 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.
Leveraged trading is therefore very risky – especially when the leverage is high (some platforms offer leverage of up to 1:500) – and we do not recommend that any beginner uses leverage when trading in the stock market.
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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