Can you buy Shares with Starling Bank?
As previously mentioned, Starling Bank does not offer an option to buy shares directly through its platform, and it has not announced any plans to offer an investment feature. For now, its customers must go through a third-party FCA-licensed broker. It’s essential to choose a platform that is registered and licensed by the FCA to ensure the security of your assets.
How to buy Shares with Starling Bank
Starling Bank account holders can securely buy and sell shares through the most secure broker in the UK, eToro. It offers fast and free GBP deposits from Starling Bank via Bank Transfer, Credit/Debit Card, Wire Transfer, Sofort, Trustly, Skrill, PayPal, or Neteller.
Follow this short and simple guide to begin your share-investing journey:
- Sign up to eToro and complete the verification requirements.
- Tap 'Deposit Funds', select a method, and send GBP from Starling Bank.
- Go to the search bar, search for the stock you want to buy, and tap 'Trade'.
- Input the amount you want to purchase and click 'Set Order.
Where to buy shares in Starling Bank?
As of now, Starling Bank is a privately held company and is not listed on any public stock exchange. This means it is currently impossible to buy shares in Starling Bank as an individual investor. However, Starling Bank has announced plans to go public by 2023. This means that the company's shares become available to the public, and individual investors could buy shares in the company. It's worth noting that the exact date for Starling Bank's public offering has yet to be made clear, and there is no guarantee that it will go public.
About Starling Bank
Starling is a UK-based digital bank that provides online banking services to individuals and businesses. It was founded in 2014 by Anne Boden, a former executive at Allied Irish Banks. The bank operates entirely online, meaning that it does not have any physical branch locations. Its customers can access their accounts through a mobile app or web browser and can perform a range of banking activities such as making payments, managing their account balance, and accessing loans and mortgages.
The Bottom Line
To recap, it's not currently possible to buy and sell shares directly through Starling Bank's online banking platform or mobile app. However, its customers can sign up to an FCA-licensed share brokerage platform, such as eToro, which offers thousands of shares to purchase. This is the most secure and affordable way for Starling Bank customers to invest in shares with zero brokerage fees.