Compare the best brokers to buy stocks with PayPal in 2022

There are many brokers around that let you buy shares with PayPal. Find out the best 2022 options and what to consider when investing.
Updated: Aug 26, 2022
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
$ 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 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 trading 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?

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 >

Jonah Keri
Financial Writer
Jonah Keri was a reporter for Invezz, wrote about stocks, cryptocurrencies, and other investments. He also covered emerging technologies for private clients. He is a trader… read more.