How to Buy Stocks with Wise

Summary: Wise allows you to invest in stocks and ETFs through regulated brokerages that support multi-currency transfers from Wise accounts or debit cards.

Platforms like eToro, trusted by over 30 million investors, are compatible with Wise and offer instant deposits to trade over 4,500 stocks, ETFs, commodities and more.

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Top Platform for Stocks and ETFs with Wise
5.0 out of 5.0 by Datawallet

eToro is the best platform due to its compatibility with Wise Bank, strong adherence to financial regulations, and competitive fee structures for a wide range of investment options.

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Licensing & Regulation

The FCA, CySEC and other Tier-1 Regulators.

Available Assets

4,500 Stocks, ETFs, Commodities and more.

Deposit Methods

Bank Transfer, Wise Card, Credit Cards and more.

74% of retail CFD accounts lose money.

Can I Buy Stocks with Wise?

Yes, Wise allows you to purchase stocks and ETFs, including major indices like the S&P 500 and NASDAQ. To do this, register with a European stock trading platform that accepts Wise deposits in euros or other currencies. Ensure the platform is regulated by a credible financial authority, such as the FCA or a similar European regulator, to protect your investments.

How to Buy Stocks with Wise

To buy stocks using a Wise account, select a regulated brokerage that supports Wise for secure transfers. eToro is a strong choice, offering access to over 4,500 assets, including stocks, ETFs, and commodities. Trusted by 30 million investors across 160 countries, eToro is regulated by tier-1 authorities like the FCA, ASIC, and CySEC.

Here’s a quick guide to getting started:

  1. Select a Broker: Visit a platform like eToro and sign up.
  2. Deposit Funds: Access the 'Deposit Funds' section in your account.
  3. Transfer Funds: Select your currency and payment method, then transfer from Wise.
  4. Begin Investing: Once your funds are available, start purchasing your chosen stocks.
Buy Stocks with Wise

What are the Fees?

Fees for transferring funds from a Wise account to a stock brokerage vary depending on the platform. Typically, USD deposits from Wise to brokers like eToro incur no fees. However, deposits in EUR or GBP may carry a small fee.

If you use a Wise Debit Card, be aware that a fee from Mastercard might apply to your transactions, including stock purchases or deposits. To avoid unexpected costs, always check with your chosen brokerage for specific fee details before making a transfer.

eToro, for instance, charges a $2 flat fee plus a spread, which averages around 1%, based on our tests.

Can I Invest in Wise?

Yes, you can invest in Wise PLC, a publicly traded fintech company listed on the London Stock Exchange (LSE) under the ticker 'WISE'. Investors can buy shares of Wise through a regulated brokerage platform such as eToro, which supports Wise PLC stock. 

Using your Wise account, you can directly fund your investment in this company through a regulated brokerage that offers equities on the LSE

Invest in Wise

About Wise

Wise is a global fintech company with 16 million customers, offering products like the Wise Multi-currency Account and Wise Debit Card for seamless international money transfers and currency conversion. Supporting over 50 currencies, Wise provides low fees and tailored services, including Wise Business and Wise for Teams, for both individuals and businesses.

Wise

Bottom Line

In conclusion, Wise enables investments in stocks and ETFs through regulated European brokerages like eToro. With low fees and multi-currency support, Wise simplifies managing your investments. Whether transferring funds or investing in Wise PLC, using Wise ensures efficient transactions. Always check fees and regulations with your brokerage for the best experience.