Buy Stocks With Apple Pay – How to Buy Stocks With Apple Pay

Fact Checked by Gary McFarlane

If you’re looking to buy stocks with Apple Pay, you might not have many options to choose from. This is because very few stockbrokers support this payment option.

With that said, we have done the hard work for you by locating a selection of pre-vatted brokers that not only allow you to buy stocks with Apple Pay – but on a 0% commission basis.

How To Buy Stocks With Apple Pay – Choose a Stockbroker

While there aren’t too many brokers that allow you to buy stocks with Apple Pay, our research team has examined the market to determine the most suitable platforms for this purpose.

  • Capital.com – Overall Best Platform to Buy Stocks With Apple Pay (Via CFDs)
  • Trading 212 – Credible Platform to Buy Stocks at 0% Commission

We have carefully assessed these platforms based on the services offered – such as fees, regulation, supported markets, and user-friendliness.

How to Buy Stocks With Apple Pay – A Quick Guide for 2021

If you want to buy stocks with Apple Pay right now, you just have to complete a few steps and you’ll be done. Using a regulated broker such as Capital.com, here’s how to complete the process in under five minutes.

  • Step 1: Open an Account on Capital.com – Before you can use this broker to buy stocks, you must first create an account for that purpose. You can complete this step by providing your personal information and contact details.
  • Step 2: Provide ID – A regulated broker such as Capital.com will require that you verify your identity. For this purpose, you’ll need to upload valid identification documents – like a passport or driver’s license.
  • Step 3: Add Funds With Apple Pay – You’ll need to make a deposit into your account before you can proceed to buy stocks. This is where you’ll choose Apple Pay as your preferred payment method.
  • Step 4: Search for Stock – Here, all you have to do is to enter the name of the stock that you wish to trade.
  • Step 5: Open Your Position – After clicking on the correct stock from the result tab, then you’ll be prompted to enter your stake. After that, you can then click on ‘Buy’ to open your position.

With the steps outlined above, you can gain access to your chosen stocks in no time. Nonetheless, if you need a comprehensive explanation, we have provided a more detailed section further down in this guide.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.25% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.

Where to Buy Stocks With Apple Pay – Full Stockbroker Reviews

When you’re contemplating where to buy stocks with Apple Pay, you’ll want to know the best platforms that support this payment method. Perhaps even more importantly, you need to consider metrics surrounding regulation, fees, markets, and customer service.

To guide you through this phase, our research team has examined the market to determine the most suitable platforms where you can buy stocks with Apple Pay.

1. Capital.com – Overall Best Platform to Buy Stocks With Apple Pay (via CFDs)

capital.com review

The overall best platform that allows you to buy stocks with Apple Pay is Capital.com. Notably, Capital.com is a CFD broker, meaning investors don’t take ownership of the underlying stocks. The platform also allows you to go long or short when opening positions. This means that you can attempt to make a profit whether prices are moving upward or downward. Another notable feature of this platform is that it’s easy to use, making it suitable for beginners who are looking to trade stocks in a convenient manner.

Perhaps the most notable benefit is that Capital.com is adequately regulated by reputable financial bodies, making it a credible platform worthy of consideration. Additionally, the broker allows you to trade stocks by meeting a minimum deposit of just $20 when using Apple Pay or a debit/credit card (bank wires require $250) All you have to do is to open an account and proceed to meet this minimum deposit. Then, you can start trading stocks at the click of a button.

capital.com review

We also found that all supported markets at Capital.com can be traded at 0% commission, alongside competitive spreads. Furthermore, the provider gives investors access to numerous international stock exchanges. This includes the London Stock Exchange, NASDAQ, and more.  Capital.com supports plenty of markets in addition to stocks. This includes everything from cryptocurrencies and ETFs to forex and commodities. You can also trade a number of indices – such as the Dow Jones or FTSE 100.

Capital.com also provides access to market news and educational resources that you can leverage to make informed decisions. If you also want to apply leverage to your positions to boost your purchasing ability, you can do this based on the limit available to your region. Notably, however, you should exercise some care when using this tool, as you can quickly incur substantial losses. Another important feature of the trading platform is the high regard for security protocols to ensure the safety of users’ funds.

Pros

  • Top-rated spread betting and CFD broker
  • FCA-Licensed
  • $20 minimum deposit (debit/credit cards and e-wallets)
  • 0% commission on all markets
  • Tight spreads and no fee on deposits or withdrawals
  • Supports more than 4,000 markets
  • Easy-to-use for newbies

Cons

  • Experienced traders might consider the broker too basic
  • $250 minimum deposit on bank transfers

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.25% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.

2. Trading 212 – Credible Platform to Buy Stocks from Just $1

trading 212 review

If you’re looking to buy stocks with a small amount of capital, Trading 212 might be one of the places to consider. This is because the stockbroker allows you to buy stocks from just $1 and no commission is paid when investing. The platform supports over 10,000 global stocks and ETFs – which gives you plenty of options when it comes to creating a diversified portfolio. Additionally, the broker provides adequate protection for users’ funds and there’s FSCS coverage for those based in the UK.

Furthermore, Trading 212 is regulated by the FCA, attesting to the credibility the stockbroker enjoys in the marketplace. The platform also offers a ‘Pies & Autoinvest’ feature that investors can leverage to customize their financial goals. This makes the broker a user-friendly platform worthy of consideration, especially for beginners. More importantly, you can utilize the instant buy feature to purchase stocks on the platform through Apple Pay.

trading 212 review

With over 1.5 million clients, Trading 212 is a growing stockbroker that investors might consider when looking to buy stocks with Apple Pay. The stockbroker has a 24/7 customer support channel through which users can seek help whenever needed. The broker also operates segregated accounts to serve as an added security protocol for protecting users’ funds.

Pros

  • More than 1.5 million clients
  • FCA-approved
  • Buy stocks from just $1
  • More than 10,000 global stocks and ETFs
  • Supports Apple Pay and other e-wallets
  • Great for beginners

Cons

  • Might appear basic for experienced traders
  • Limited educational resources

at Capital.com, #1 Broker in the Stock Trading Scene

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.25% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.

How to Buy Stocks With Apple Pay – Detailed & Explained in Full

To buy stocks with Apple Pay, you’ll need to have an in-depth understanding of the process involved. When you do, you can complete your investment within a couple of minutes. Using a regulated broker such as Capital.com, here are the steps you’re required to take.

Step 1: Open an Account on Capital.com

When you’re ready to buy stocks, you’ll have to visit the stockbroker’s website to create an account. Here, you’ll be required to fill in some personal details such as your name and home address.

join capital.com now

You’ll also have to choose a username/password. Once you’ve provided all the required details, your Capital.com account will be created.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.25% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.

Step 2: Provide ID

To access stocks on Capital.com, you’ll have to provide your ID for verification. This is because the platform is regulated by reputable financial bodies. As such, the trading platform must comply with KYC laws.

To fulfill these requirements, you’ll have to provide a copy of your government-issued ID and a document containing your home address. While the former can be your passport or driver’s license, the latter can be a utility bill or a bank statement.

Step 3: Add Funds

You cannot utilize your account to trade stocks until you’ve funded it. Therefore, it’s crucial to make a deposit into your account. Here, you’ll choose Apple Pay as your preferred payment method.

Once you enter your Apple Pay details, the stockbroker will deduct the amount you want to deposit accordingly. Within a few seconds, your funds will reflect in your account.

Step 4: Search for Stock

Capital.com has a search box, which is where you’ll input the company name in which you want to trade.

join capital.com

After entering the stock’s name, the platform will display the results. Then, you’ll click on the company name to proceed to the final step.

Step 5: Open Your Position

On Capital.com, you’ll be required to enter certain things in the order box. This includes your stop-loss and take-profit orders. You will, of course, also need to enter the amount of. money that you wish to stake on the trade.

Join capital.com

When you’ve completed these steps, you can proceed to open your position by clicking on ‘Buy.’ The stockbroker will open the position at the relevant market price.

How to Cash Out Stocks to Apple Pay

When you decide to trade stocks via a platform like Capital.com, all you have to do is to search the company name and open your position. After that, you’ll wait until the value of your investment has risen. Then, you can decide to cash out the investment.

However, to secure your profit in this regard, you must understand the steps involved. On Capital.com, all you have to do is to close your position by clicking ‘Sell’ and the platform will complete your order. Once you do that, your funds will reflect in your account and you can choose to withdraw the capital via Apple Pay.

Fees to Buy Stocks With Apple Pay

As a smart investor, you’ll want to understand the cost you’ll incur when you buy stocks with Apple Pay. To adequately assess this cost, it’s imperative to look at the fees payable to the broker you choose. We have examined some of the crucial points for this purpose.

Deposit Fees

You’ll want to understand the fees you’ll pay when you make a deposit into a broker. On a platform like Capital.com, you don’t pay a deposit fee when you add funds to your account using Apple Pay.

This makes the platform highly suitable for trading stocks — as other brokers in this space charge handsomely when it comes to funding your account.

Withdrawal Fees

In the same manner, some brokers will charge you a fee when you want to process a withdrawal. On the flip side, there are platforms where you won’t incur any fees for withdrawing your funds. One such platform is Capital.com – where you can complete a withdrawal through Apple Pay on a fee-free basis.

Commissions

When you’re evaluating a broker’s fees structure, one of the things to consider is whether the platform charges commissions or otherwise. Stockbrokers that charge commissions might require you to pay a fee both when you open and close positions.

join capital.com

Notably, a platform such as Capital.com doesn’t charge commissions. This is a great feature that impacts the platform’s score on the cost-effectiveness metric. This is notable because most online brokers will charge a flat fee on each trade that you place. Therefore, you should always consider this part of a platform’s fee structure before deciding on the stockbroker through which you’ll invest.

Reasons to Buy Stocks With Apple Pay

Apple Pay is one of the most popular e-wallets that many users utilize to complete transactions. Many platforms have started offering support for the e-wallet to ensure that investors can easily buy stocks with their preferred payment option.

Nonetheless, when contemplating whether to use Apple Pay as the payment method through which you’ll complete your stock investment, it’s crucial to understand why the option might be worth considering. Here, we highlight some of the key reasons.

You Don’t Have to Enter Card Details

When you elect to use Apple Pay to buy stocks, you don’t have to input your card details to the broker you’ve chosen.

  • Instead, once you select Apple Pay, you’ll only have to enter the details of this payment option.
  • This way, you can conveniently complete your investment by utilizing the funds already available in your Apple Pay account.
  • However, suppose you don’t have enough funds in your Apple Pay, you can easily fund it through your debit/credit card.
  • Essentially, you still won’t have to enter your card details directly to the stockbroker.

This provides a sense of safety and is perhaps one of the key reasons why you might want to buy stocks with Apple Pay.

Fast Transactions

When you want to buy stocks, using an e-wallet is a fast way to complete the investment. This accounts for why many investors either choose to use a debit/credit card or an e-wallet. Once your Apple Pay is funded, you can buy stocks within a couple of minutes without delay.

Low Fees

When using Apple Pay with a broker like Capital.com, you won’t incur any fees for making a deposit or a withdrawal. This is a key feature to consider when deciding on a payment method. Additionally, Apple Pay itself doesn’t charge users any fees, making the payment option suitable in terms of cost.

Swift Withdrawals

You’ll also want a payment option that allows you to withdraw your funds within a short interval. When using Apple Pay, your withdrawn funds land in your account quickly. This is unlike using a bank wire which can take many days before you receive your funds.

Buy Stocks With Apple Pay – The Verdict

If you’re curious about the places where you can buy stocks with Apple Pay, there are some platforms you can consider. Notably, the process involved in buying stocks through this payment option is easy. All you have to do is to understand the steps required.

When you choose a broker such as Capital.com for this purpose, you can trade stocks at 0%-commission and with leverage. Plus, when using Apple Pay, Capital.com only requires a minimum deposit of $20 to get started.

Capital.com – Best Broker to Trade Stocks With Apple Pay

FAQ

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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.