Summary: The Starling Bank online platform does not offer share investing for their personal and business banking clients. That said, they do allow customers to withdraw GBP from their account to FCA-licensed and regulated brokers in the United Kingdom or Europe.
If you are looking to get started quickly, we recommend the eToro UK platform because they offer fast and cheap GBP deposits from Starling Bank to trade over 8,000 different stocks, ETFs and more.
Can I buy Stocks or Shares with Starling Bank?
Unfortunately, no. The Starling Digital Banking app does not offer any products or services that enable its customers to invest in stocks or alternative assets like commodities and cryptocurrencies.
The only method available for Starling customers to buy shares is to withdraw fiat from their bank accounts and onto Financial Conduct Authority (FCA) licensed brokers. The bank offers GBP withdrawal support for stock brokerage platforms via Bank Transfer, Debit Card or Credit Card.
How to buy Shares with Starling online
The best way to buy shares with a Starling Bank account is through the eToro platform. They offer fast and cheap GBP deposits from Starling accounts to trade over 8,000 stocks, ETFs, commodities and even over 80 different digital assets. Their platform is licensed and regulated by the Financial Conduct Authority in the UK and the European Securities and Markets Authority in the EU.
You can get started in minutes with these 4 simple steps:
- Sign up to eToro and verify your identity.
- Click 'Deposit Funds' and pick a method and send funds to eToro from Starling Bank.
- Search for the shares you want to buy in the search bar, and tap 'Trade'.
- Input the amount you want to purchase and select 'Set Order'.
Can I buy Shares in Starling Bank?
No, you cannot buy shares in the Starling Bank company. This is because they have not yet completed their Initial Public Offering (IPO) and are not listed on a public stock exchange. Starling CEO Anne Boden outlined that they are looking to complete the listing by 2024, but this depends on how volatile the market is over the coming years.
About Starling Bank
Starling Bank is a digital-only challenger bank based in the United Kingdom. They offer GBP current accounts with features like goal setting and categorising expenses, as well as business banking products. Starling also has one of the best mobile banking apps on the market with 5-star ratings on both the App Store and Google Play Store.
The company was founded in 2014 by Anne Boden and is headquartered in London, England. As of June 2020, Starling Bank has over 1 million personal and business banking customers.