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Author Topic: What broker do you recommend that accept Neteller or Paypal? I have $200  (Read 176 times)
heartdragon (OP)
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October 29, 2019, 03:41:54 AM
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Hello, I would like to start small buying stocks. Maybe I will invest more money in the future. I saw bad reviews of these popular brokers. They accept Neteller and Paypal but Etoro has a $25 withdraw fee If I take my money in the next year I will lose all my earning with such fee.

Considering that I have small investment and my wallets are just Neteller and Paypal what do you recommend me to start small in this world of stock trading and not have problems losing money with these "greedy brokers" that take advantage for the beginners. Many thanks
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Darooghe
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October 29, 2019, 07:13:52 PM
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Check out XTB. they’re regulated in many different EU countries. their platform is developed in house and if report any bugsor glitches the DEV team responds immediately. they also offer MetaTrader as an alternative. customer support is very helpful and responsive. I've been with them for about a year and a half and have never had any issues withdrawing or depositing funds, connection issues with the platform. No withdrawal fee and standard spreads and commission.

If you’re in the US, I think Fidelity is the best in my opinion. Very intuitive research tools, website setup is also easy to navigate and understand for a new investor and trades are only $5 which is better than most other large brokers. the mobile and web applications is very simple and user friendly.
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October 30, 2019, 06:35:27 PM
 #3

Hello, I would like to start small buying stocks. Maybe I will invest more money in the future. I saw bad reviews of these popular brokers. They accept Neteller and Paypal but Etoro has a $25 withdraw fee If I take my money in the next year I will lose all my earning with such fee.

Considering that I have small investment and my wallets are just Neteller and Paypal what do you recommend me to start small in this world of stock trading and not have problems losing money with these "greedy brokers" that take advantage for the beginners. Many thanks

Do you have the Paypal business debit card? If so, that would probably open up a lot more options. However, most places don't accept debit cards and Paypal. The best option I have found with Paypal(I looked because I've basically always got Paypal funds) was Acorns. The only problem with Acorns is that it seems that you can't chose your own stocks to play with. It's more of an invest in this portfolio type of thing. Also, you can't use your Business Paypal account to deposit to Acorns. I really don't know about Neteller, but for Paypal, the best option is probably Acorns unfortunately.
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January 21, 2020, 08:20:34 AM
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Unfortunately, I think eToro is probably your best option. Yes, they have a $25 withdrawal fee, but look at the bright side- no trading fees at all. You just have to leave your investments for more than a year if you want to make the $25 worth it. Besides, investments should be way longer than a 1 year hold anyway. I'd say a bare minimum of 5 years or so when it comes to stocks; but preferably more than 10 years.

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January 21, 2020, 12:58:07 PM
 #5

Unfortunately, I think eToro is probably your best option. Yes, they have a $25 withdrawal fee, but look at the bright side- no trading fees at all. You just have to leave your investments for more than a year if you want to make the $25 worth it. Besides, investments should be way longer than a 1 year hold anyway. I'd say a bare minimum of 5 years or so when it comes to stocks; but preferably more than 10 years.

It depends on your desire to get your money because some problem to us if we know some popular broker are continuing using this even this, is quite slow in terms of having a transaction. But still, our goal is to get our money or profit. For now, I was already using PayPal through all out of my trade, and it is good because they have a notification if you receive some funds. Also, they converted the currency immediately into other currency that suitable for your country so you can quickly pay out your money without some hassle.
We have a different bias in terms of having a good trading platform and etoro is one of the best copy tradings too.

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January 21, 2020, 01:57:25 PM
 #6

did u still try to find it ?
i found a good information about it, here please check.
https://goodmoneyguide.com/neteller/
https://goodmoneyguide.com/paypal/

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January 21, 2020, 04:25:25 PM
 #7

I would still suggest staying away from trading with stocks, for two obvious reasons. One is the stock market doesn't move like crypto market does, your 200 dollars would be 250 dollars in a year if you are lucky enough, in crypto market there is a chance you make it over 1000 dollars (there is also a chance to go down to 100 of course), I know for some people 200 dollars is a lot of money but putting it on stock market would change basically nothing in your life, you might as well keep it as 200 dollars and put it on a treasury bond or something.

The second reason would be the same as what you fear, stock trading is costly, not for people who deal in millions but if you want to buy with 200 dollars between transaction fee to purchase fee there will be a huge cost for you involved.

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January 21, 2020, 04:36:20 PM
 #8

Hello, I would like to start small buying stocks. Maybe I will invest more money in the future. I saw bad reviews of these popular brokers. They accept Neteller and Paypal but Etoro has a $25 withdraw fee If I take my money in the next year I will lose all my earning with such fee.

Considering that I have small investment and my wallets are just Neteller and Paypal what do you recommend me to start small in this world of stock trading and not have problems losing money with these "greedy brokers" that take advantage for the beginners. Many thanks
Checking other trusted website accepted convert your PayPal and Neteller to bitcoin assets with lower fee, I think you can convert manually with some one look trusted and you can use escrow in bitcointalk forum to convert your PayPal balance become bitcoin and its getting not fees because some one want to withdraw their bitcoin to PayPal assets.
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January 22, 2020, 07:34:21 AM
 #9

I would still suggest staying away from trading with stocks, for two obvious reasons. One is the stock market doesn't move like crypto market does, your 200 dollars would be 250 dollars in a year if you are lucky enough,

I really don't see that as a bad thing though. There's nothing wrong with wanting something that's somewhat safer; and not to mention that we don't even know what OP's overall portfolio is. Who knows? He might have already have a significant bitcoin holdings. Also, sure, small percentage increase in a year, but let's not completely underestimate compounding interest.

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