Key Takeaways: Most traditional online brokers accept credit cards as a form of payment to buy stocks. In saying that, you should choose just any exchange, it's important to consider the fees, security, assets, features and support the platform offers.
The best and most reliable brokerage platform is the eToro platform. eToro is available in over 140 countries and can be used in over 20 different languages including English, Spanish, German, Italian, Cantonese, Mandarin, Polish & Vietnamese.
Is it possible to buy Stocks with a Credit Card?
Yes, there are many reputable stock exchanges that support deposits via credit card including Interactive Brokers, Charles Schwab, Fidelity, eToro and TD Ameritrade. However, the best stock investing and trading platform in the world is the eToro exchange.
eToro is a multi-asset investing platform with six asset classes - stocks, ETFs, indices, commodities, indices, fiat currencies and cryptocurrencies. It offers investment opportunities in over 8000 assets, and all assets can be purchased directly with a credit card. If you're interested in learning more about eToro, you can visit our comprehensive eToro Review.
How to buy Stocks & ETFs with Credit Card
The most secure and affordable way to invest in stocks with a credit card is through eToro. eToro offers instant deposits for the following credit acrd types: VISA, MasterCard, Visa Electron and Maestro. Follow the below guide to buy stocks and ETFs with a Credit Card.
- Open an account: Sign up to the eToro exchange and complete the onboarding process.
- Deposit Funds: Choose a currency, select 'Credit/Debit Card', fill in your details and tap 'Deposit'.
- Find Stock or ETF: Search for the asset you wish to purchase and click the 'Trade' button.
- Buy Asset: Input the amount of USD you wish to invest in this asset and select 'Set Order'.
What are the fees to buy Stocks with a Credit Card?
eToro is one of the most affordable brokerage platforms globally as it offers free deposits on all its payment methods including credit cards. Furthermore, the exchange does not charge any fees to invest in stocks or ETFs. It does however charge a small 1% fee to purchase cryptocurrencies. For a full breakdown of eToros pricing, refer to eToros Fees.
Are there risks in buying Stocks with a Credit Card?
This answer depends on the individuals personal risk tolerance, buying stocks with a Credit Card is equally safe/risky as depositing funds via bank transfer, debit card or any supported payment methods on eToro. eToro has implemented Two-Factor Authentication on all card deposits, meaning you will need to submit an OTP (One-Time Password) to deposit funds on the platform.