Summary: Buying stocks can be a great way to invest in companies that you believe in and make some money while doing it. If you have a Regions Bank account, you can easily deposit funds into a secure brokerage platform and quickly and buy stocks with minimal fees.
We recommend using the eToro platform because it offers free and instant deposits for Regions Bank account holders. Additionally, it is a multi-asset exchange, meaning you can invest in multiple asset classes including stocks, fiat currencies, exchange-traded funds (ETFs), indices, commodities and even cryptocurrencies.
Can I buy stocks on Regions Bank?
No, similar to most major banking institutions in the US, you cannot buy stocks directly through Regions Bank. To buy stocks with Regions Bank, you'll need to send USD to a FINRA-regulated broker and purchase them directly through that platform.
The best and most secure exchange to buy stocks with Regions Bank is eToro US. eToro has been operating for over 15 years and is one of the oldest brokers globally. Since its inception, it has never once been subject to a cyber attack, proving that it's battle-tested and a highly secure platform. Furthermore, it offers free insurance up to $1,000,000 for every user, as an added security measure.
How to buy stocks with Regions Bank
The most affordable and secure way to invest in stocks with Regions Bank is through eToro. Regions Bank account holders can deposit USD to eToro via Bank Transfer, Credit Card, Debit Card and Skrill. Here are the steps you need to follow to get started:
- Sign up to eToro: Open a free account on eToro and complete the verification process.
- Deposit USD: Click 'Deposit Funds', select one of the methods and send USD from Regions Bank.
- Find Asset: Head to the search bar, type in the asset you want to buy and tap the 'Trade' button.
- Buy Stock: Input the amount of USD you want to invest and click the 'Set Order' button.
Can I buy Regions Bank (RF) Stocks?
Yes, you can buy Regions Financial Corp (RF) stocks using the eToro platform. The company is publicly traded on the NYSE, which is one of the financial markets listed on eToro. Just search for 'Regions Financial Corp' in the search bar and you'll be able to view its performance and trade it. Currently, its average volume is at 7.8M, and has a P/E ratio of 9.55.
What are the fees to invest in stocks?
Most brokers charge multiple sets of fees when you purchase stocks including accounting, management, ticketing, deposit, FX, brokerage and withdrawal fees. The best thing about eToro is that they do not charge commission on buying stocks, and there are none of the above-mentioned fees. This means that it is completely free to invest in stocks through eToro.
For depositing cash, there may be some fees charged by your bank, but none from eToros side. For withdrawals, eToro charges a flat $5 fee per transaction. For more information on eToros pricing, you can check out their Fees page.
About Regions Bank
Regions is a large bank holding company headquartered in Alabama, United States. The company provides banking, wealth management, and mortgage services. Regions is the lead subsidiary of Regions Financial Corporation (RF), which has $164 billion in assets as of July 2022.
The bank offers a variety of products and services for individuals, businesses, and government entities. Regions bank offers personal banking solutions and operates over 1,500 banking offices and 2,000 ATMs across 16 states in the US.