Key Takeaways: American Express or AMEX is one of the leading payment services in the US and worldwide. Unfortunately, there is not a large selection of online brokers that accept AMEX as a deposit method. Most exchanges typically only accept VISA or MasterCard.
However, there are a few reputable brokerage platforms that accept American Express cards. The best exchange to buy stocks with AMEX is Uphold. Uphold is a multi-asset investing platform that offers many investment products including stocks, ETFs, crypto and precious metals.
Does AMEX have a brokerage platform?
Yes, AMEX offers an investment platform called 'INVEST', which is partnered with Vanguard, but it is only available to selected American Express Card members. We recommend avoiding this platform as it is complicated, not available to all users and requires a lot of capital to open an account.
The best way to purchase stocks with an AMEX card is by going through a secure, regulated and licensed broker like Uphold. Uphold is registered with FinCEN (US), FCA (UK), and the Bank of Lithuania. It is regulated and licensed to operate in over 150 countries. Uphold is also fully reserved, meaning it does not loan out your funds like traditional banks or exchanges.
How to Buy Stocks with American Express
If you want to buy stocks with an AMEX card, you have come to the right place. In this method, we show investors how to buy stocks with an American Express card on the Uphold platform. Below you can find the steps to buying stocks with AMEX.
- Sign Up: Open an account on Uphold and complete identity verification.
- Deposit Funds: Go to 'Transact', tap 'From', then 'Credit/Debit Card' and enter an amount to deposit.
- Buy Stock: Click 'To' and select the stock you want to purchase.
- Confirm Transaction: Select 'Preview Deposit' and then 'Confirm Deposit'.
What countries can I buy stocks with AMEX?
As previously mentioned, Uphold is available to use in over 150 countries including, however, not all countries are allowed to deposit funds via AMEX. Uphold does not currently provide a list of available countries, but does have a list of countries where AMEX is not supported. You can read the full list of non-supported countries here.
Can I invest in American Express stocks?
American Express is a publicly traded company listed on the New York Stock Exchange (NYSE: AXP). As of June 30, 2020, American Express had a market capitalisation of $93.7 billion. The company has a dividend yield of 1.4%. American Express has paid dividends for more than 150 years and has increased its dividend for 25 consecutive years.
Unfortunately Uphold does not offer the AMEX stock through its platform. The best way to buy AMEX stocks is through the eToro exchange. eToro offers free and instant USD, EUR, AUD & GBP deposits plus it doesn't charge any fees to purchase stocks on its exchange. Follow the below guide to purchase AMEX stocks (AXP) through eToro.
- Sign up to the eToro exchange and complete the onboarding process.
- Tap 'Deposit Funds', pick a currency and method, then deposit money to eToro.
- Search for 'American Express' in the search bar and click the 'Trade' button.
- Input your desired investment amount and select 'Set Order'.
Are there other assets I can buy with an AMEX Card?
In addition to stocks, Uphold also supports other asset classes including over 200 cryptocurrencies, four precious metals (gold, silver, platinum & palladium) and 37 fiat currencies. If you want to see a full list of its available assets you can visit the crypto list, precious metal list, stock list & currency list.
American Express, also known as Amex, is a multinational financial services corporation headquartered in the World Financial Centre in New York. The company was founded in 1850 and it provides charge and credit card products and travel-related services to customers worldwide. It is a leader in charge and credit card products, travellers cheques, corporate travel, and treasurer services.
Additionally, AMEX also provides consumer loan products, such as mortgages, home equity loans, and personal loans. In addition, the company offers investment products, such as mutual funds and annuities. American Express has operations in more than 130 countries and territories.
American Express (AXP) Stock Live Price in USD
Below you can find the live price and chart of the American Express stock (AXP) in US dollars.