If you’re looking for a fast, convenient, and secure way to invest in equities, you can buy stocks with PayPal. That is provided the stock broker platform you choose accepts this payment type.

In this guide, we explain how to buy stocks with PayPal without paying any deposit fees or trading commissions.

How to Buy Stocks With PayPal – 4 Easy Steps

If you’re still deciding where to buy stocks with PayPal, eToro shouldn’t disappoint.

It offers 0% commission on thousands of stocks, and you won’t pay any deposit fees when funding your account in the US via Paypal.

  • ✅ Step 1: Open an eToro Account
    Head over to eToro and select ‘Sign Up’. You will be required to enter details such as your name, cell phone number, and email. You will also need to add a username and password so you can monitor your investments as and when you please. Complete the quick KYC process which involves uploading some ID and a proof of address.
  • 💳 Step 2: Deposit Funds
    As a US investor, you won’t have to pay any deposit fees when using PayPal and can fund your account with just $10 or more to get started. Find PayPal in the drop-down list and select it to confirm your choice.
  • 🔎 Step 3: Search for Stock
    If you already know which stocks you wish to invest in, type its name or ticker symbol into the search box, and select ‘Trade’ when you see it. Alternatively, select ‘Discover’, followed by ‘Stocks’ to browse what’s available.
  • 🛒 Step 4: Buy Stocks 
    When you see an online order form in front of you, enter a stake of $10 or more to complete your stock purchase. Confirm by selecting ‘Open Trade’.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

As you can see, it’s more accessible than you might have thought to invest in stocks with PayPal.

eToro will add your chosen stocks to your portfolio right away and you can use your username and password to log in at any time to check the performance of your investment.

Where to Buy Stocks With PayPal

Once you’ve thought about which stocks you might want to buy, you can think about which broker can fulfill your order.

Learning how to buy stocks with PayPal is simple enough. For example, with an eToro trading account, you can buy oil stocks and the best biotech stocks with PayPal in a matter of minutes.

However, it’s also important that before creating an account, you check out potential fees, available markets, the user-friendliness of the platform, and of course whether this payment type is accepted.

1. eToro – Overall Best Place to Buy Stocks With PayPal ($0 Fees)etoro review

When you are considering where to buy stocks with PayPal, eToro is a reputable platform. More than 25 million traders and investors are registered here and the broker is regulated by the SEC and many other bodies.

Once you’ve created an account, which usually takes less than 10 minutes, you can buy stocks from $10 or more. This is owing to the fact that eToro supports fractional stock trading. This means that if you were hoping to invest in large-cap stocks like Amazon  and Samsung for instance, you can add just a portion of a share to your investment portfolio.

The minimum deposit is also set at $10. Best of all, US clients are offered 0% commission on all stocks and PayPal deposits are free of charge. There are over 3,000 stocks to choose from, listed on 17 exchanges globally, so there is no shortage of investment choices. As such you could buy Rivian stock or you could buy Alibaba stock and Nikola stock with a minimum investment of just $10.

You’ll find stocks listed in the US, UK, Canada, Australia, various parts of Asia and Europe, and more. Other markets such as commodities, cryptocurrencies, and indices are also listed. You can also trade ETFs using your PayPal account and eToro will not charge you any commission fees to open or close a position.

If you’ve considered buying stocks with PayPal in a passive way, eToro offers copy trading tools. This entails using your PayPal account to make a deposit and then allocating $200 or more to a pro-investor. If they allocate 10% to Amazon and 5% to Gamstop, you’ll see the equivalent in your portfolio.

The number of funds you see allocated to each stock will depend on how much you invested in copy trading. Another passive trading feature you can invest in with PayPal is smart portfolios. eToro has a multitude of managed and automatically rebalanced baskets of stocks you can choose from covering different sectors and themes.

Finally, if you were wondering “Can I buy stocks with PayPal on the go at eToro?”, yes you can. eToro offers all Android and iPhone users a free mobile app that makes buying stocks and checking in on your investments a breeze wherever you are. The app is simple to use so should suit most investors.

Minimum Deposit $10
Fractional Shares? Yes – $10 minimum
Pricing System 0% commission on all stocks
Paypal Deposit Fee FREE for US clients

What We Like:

  • Best place to buy stocks with Paypal
  • Minimum deposit is only $10
  • Regulated by numerous top-tier entities
  • Offers one of the best demo stock trading accounts
  • 0% commission on thousands of stocks
  • User-friendly trading app
  • Copy trading tools
  • Access the best new stocks from a range of exchanges.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

Why Buy Stocks With PayPal?

You may be wondering why you would buy stocks with PayPal?

There are numerous reasons people choose this payment method when buying equities and we cover the most common below.

Speedy Deposit Method For Stock Investors

When researching how to buy stocks with PayPal, you will notice deposits are usually instant at a brokerage such as eToro. This is an obvious advantage if you spot a potentially profitable opportunity that requires immediate action.

In contrast, traditional banking methods such as ACH and bank wire transfers can take anywhere between 3 and 7 days to clear in your investing account. Of course, by then you could have missed the opportunity to buy your chosen stocks at a good price.

Highly Secure Payment Type

When you buy stocks with PayPal, there is no need for you to enter any sensitive card information on the trading platform, such as your credit card details. PayPal also offers sophisticated end-to-end encryption and the option of two-factor authentication.

You can monitor your transactions in real-time when you buy stocks with PayPal. Moreover, PayPal does not share any of your banking information with the broker in question. As such, this is a secure way to begin investing online.

Convenient Way to Finance Investments

As we touched on, when you buy stocks with PayPal, there’s no need to enter your payment card details. The information needed to finance your purchase is all there, stored on your account, and encrypted.

  • PayPal offers a quick and convenient way to invest, as you can get started in a few clicks.
  • For instance, when you buy stocks with PayPal at eToro, all you have to do is click ‘Deposit Funds’, and select the correct e-wallet.
  • You will be automatically redirected to the PayPal login screen. After reviewing the transaction amount, click ‘Pay’.

After that, you can place an order to buy shares.

Low Fees

When you are deliberating where to buy stocks with PayPal, check what fees you will have to pay – if any. A key advantage of PayPal is that some brokers waiver the deposit fee.

This is certainly the case at eToro, where US clients can begin buying stocks with PayPal by depositing just $10 on a fee-free basis.

Is it Safe to Buy Stocks With PayPal?

It is safe to buy stocks with PayPal for the reasons we touched on above. Not only that, but if you choose to invest in stocks with PayPal in a regulated trading space you have the added protection of a financial body.

Brokers like eToro must adhere to strict laws and criteria in order to maintain their licenses from the likes of the SEC and FINRA.

These trading platforms are also audited and must provide traders and investors with a safe, fair, and transparent service. Many brokers do not accept PayPal, so check to see if your preferred platform does before registering to invest in stocks.

How to Buy Stocks With PayPal on eToro – Tutorial

Next, we’ll review how to open an eToro account.

For this detailed walkthrough of how to buy stocks with PayPal, eToro was the top choice as it is safe and convenient, as well as commission and deposit fee-free.

Step 1: Open an eToro Stock Broker Account

Before you can buy stocks with PayPal, you need to create a brokerage account so you can easily check on your investments and have a portfolio tailored to you. eToro makes this simple. Click ‘Sign Up’ on the homepage to get started.

When you see the online registration form, you can enter all of the required information. This will include your full name, a username and password, your email address, cell phone number, and a few other details such as your date of birth.

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You will receive an SMS on your phone with a code to confirm your cell number. You can enter that on-screen on the eToro platform when prompted to move to the next stage of setting up an account from which you can buy stocks.

Step 2: Upload ID

eToro is regulated across multiple jurisdictions so it adheres to AML laws. All this means for you is that you must provide a photo ID and proof of address prior to buying stocks with PayPal.

For your proof of address, you can send a copy of a recently issued energy bill, bank statement, or tax letter.

There’s a long list of supported KYC documents on the eToro platform if you don’t have the ones we’ve mentioned here.

Your photo ID can be one issued by your state, a passport, or a driver’s license. Whatever photo ID you choose must be valid/in date.

Step 3: Deposit Funds With PayPal

Depositing funds so that you can buy stocks with PayPal is a simple case of clicking ‘Deposit’ and looking for the payment method in the list of supported options.

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When you’ve found it, select it and you will be redirected to log into your PayPal account. After logging in, enter an amount of $10 or higher and confirm by clicking ‘Pay’.

Your account will usually be funded immediately. US investors are not charged a fee for opting to buy stocks with PayPal on the eToro platform.

Step 4: Search for Stock

Now that you have a fully funded stock trading account, you can search for your chosen stocks. At this stage, you can look under the ‘Discover’ section, followed by ‘Stocks’, for inspiration. Alternatively, just type the name of the stock into the search bar.

Tesla eToro

Here, we are looking to buy Tesla stock. To complete your purchase and buy stocks with PayPal, click ‘Trade’ next to your chosen company.

Step 5: Buy Stock 

This is where you will complete your order to buy stocks with PayPal. As such, consider how much you are willing to stake and enter it in the field marked ‘Amount’.

Invest in Tesla eToro

We are allocating just $10 to Tesla stock, which will see us adding a fraction of a share to our portfolio. Enter $10 or more, check your order, and confirm.

eToro will add the stock to your portfolio, which you have access to at all times.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

Conclusion

In this guide, we’ve offered a beginner-friendly explanation of how to buy stocks with PayPal. As long as your chosen trading platform accepts this payment method, you should find it fast and convenient to enter the stock market.

eToro is a stand-out option. US investors do not have to pay a deposit fee when buying stocks with PayPal. Not only that, but eToro charges 0% commission on all 3,000+ stocks listed at the brokerage.

The platform is very beginner-friendly and also supports fractional stock investing. This allows you to allocate just $10 or more whenever you buy stocks.

etoro review

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.

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