Best brokers that accept PayPal (stocks, ETFs, crypto)!

PayPal has established itself as one of the most trusted and convenient digital payment solutions worldwide, offering fast, secure, and user-friendly transactions for millions of users.

However, not all brokers support PayPal deposits and withdrawals, and those that do often differ in fees, processing times, and transaction limits.

If you’re looking for the best online brokers that accept PayPal, and want to understand how the payment process works, what it costs, and what to expect in terms of convenience and security, this article will give you a clear and updated overview.

Founded in 2007, eToro is an international online broker with over 35 million users who can trade more than 3,000 financial assets, including stocks, ETFs, cryptos, and CFDs on stocks, ETFs, commodities, Forex, indices, and cryptocurrencies.

ETFs are traded commission-free, as a whole or in fractional shares (other fees apply). US, EU, and UK stocks have a commission of $1 per trade.

eToro’s investment platform, accessible through both web and mobile, is a social trading hub. Investors can discuss markets, strategies, and news with others. eToro also allows users to replicate trading strategies (CopyTrader™) and invest in ready-made portfolios (Smart Portfolios) based on thematic strategies.

The demo account is particularly useful for beginners, offering $100,000 in virtual money. It provides real hands-on experience, mirroring live trading conditions. However, note that there is a $5 withdrawal fee, and accounts that are inactive for more than one year are charged a $10 monthly inactivity fee.

eToro is fully regulated and supervised by top-tier authorities such as the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). Its European subsidiary, formerly “eToro (Europe) Ltd,” is authorised and regulated by the Cyprus Securities Exchange Commission (CySEC).

If you want to learn more, check out our eToro Review.

Founded in 2002, XTB is a major player in the brokerage industry with extensive worldwide experience, regulated by the Financial Conduct Authority (FCA) – plus other relevant regulatory bodies – and listed on the Warsaw Stock Exchange.

You can invest through xStation 5 and xStation Mobile in different investment products, such as stocks, ETFs, and CFDs on stocks, Forex, indices, commodities, and cryptocurrencies (this product offering may vary slightly from country to country). It offers 0% commission on stocks and ETFs.

Opening an account and transferring money is a quick and hassle-free process. For beginners, it presents a demo account where you can trade as if it were real money to help you feel the investment platform firsthand, and you get access to educational tools. For intermediate and advanced investors, you will find plenty of technical and fundamental tools to help you better assess your investment decisions.

On the downside, you will face an inactivity fee of €10/month after one year of non-trading, and if you have not deposited in the last 90 days, it charges high commissions on CFDs of cryptocurrencies but low costs for Forex.

You can go through our XTB review for additional insights.

Plus500 is an online broker offering a wide range of financial products, including CFDs on Forex, Cryptocurrencies, Stocks, Commodities, ETFs, Options, and Indices. It is available in over 50 countries and is listed on the London Stock Exchange. It is regulated by many top-tier regulators like the FCA, FSCA, ASIC, CySEC, and FMA.

The platform is accessible, responsive, and you can start testing the features by opening a demo account. Their spreads are low, and they offer accounts in 16 currencies, including USD, EUR, and GBP, but they charge a $10 monthly fee following three months with no activity.

You can read our Plus500 review for further details.

Factors to consider when doing a deposit or withdrawal

Brokers offer a variety of deposit and withdrawal methods such as wire transfer, credit or debit cards, and e-payment methods like PayPal, Skrill, and Neteller, among others.

Deposit and withdrawal methods are critical considerations because they directly impact your trading experience and may affect your returns if you incur high costs to fund or liquidate your account. Below are four key factors to consider when checking the deposit or withdrawal method.

Deposit and withdrawal fees

Users should be aware of the fees associated with deposit and withdrawal activities. If the commission is excessively large, it will undoubtedly result in significant non-trading costs and decrease their overall profit. Fees vary depending on the payment method:

• Wire transfer fees are usually the highest and are deducted directly by your bank as the funds will pass through several banks (intermediaries) before reaching your broker.
• Using a debit or credit card incurs a relatively lower fee.
• E-payment method fees can be much lower, and sometimes no fee is charged as it is considered a transfer of funds from one account to another within the same institution.

If you are planning on making frequent deposit and withdrawal transactions, you might need to consider brokers with low deposit and withdrawal fees.

Deposit and withdrawal processing time

Processing time varies depending on the method of deposit or withdrawal chosen by the user. It is also influenced by the policies of the brokerage company when it comes to approving and processing deposit and withdrawal activities. Some experienced traders consider it an important factor as they need their money available the soonest possible (Consider a margin call; you don’t want your positions being liquidated while waiting for the funds to become available).

Usually, bank transfers should take up to 3 to 5 business days, while online alternatives should take no longer than 24 hours (sometimes it takes a few minutes). To better know about the ideal processing time of your chosen broker, it is best to check their websites and the experiences of other traders.

Deposit and withdrawal minimum amount

Each broker has its own policies regarding minimum amounts for deposit and withdrawal activities. It is important to check those conditions before opening your account as they directly impact the amount of money at the start of your trading journey and the amount of profits you can withdraw. Usually, wire transfer deposits or withdrawals have a higher minimum amount than other methods.

Additionally, withdrawal amounts might depend on the exposure of your open trades in your account. For example, brokers might restrict withdrawals to keep a margin safety threshold for your account.

Account base currency

You might need to consider the base currencies offered by your broker. If you deposit in a currency other than the base currency of your trading account, you will be charged a currency conversion fee. Some brokers only allow you to open in USD, so if you fund your account from a Euro account, they’ll convert the amount and charge a conversion fee.

Bottom line

To summarize, brokers offer various payment methods, and you might consider checking your options before deciding where to open your account. We checked which brokers let users process payments through PayPal, and we compiled our findings in this article.

We recommend that you check brokers that offer various payment options have fast processing time at an acceptable cost, and have reasonable minimum deposit and withdrawal amounts.

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