FEES

How much does it cost to invest in the US with Passfolio?

We are often asked how it is possible to offer commission-free US stock trading to people in over 170 countries in the world.* When people hear about our service they may not believe it and think it is too good to be true.

Here you’ll find everything you need to know about our fees.

* Securities less than $5 cost $0.02 per share traded.

No hidden fees:

COMMISSION FEES FOR TRADES

Trade stocks, ETFs, REITs and ADRs priced at least $5* as much as you want, without worrying about commission fees.

Our cryptocurrency exchange partner charges 0.35% for crypto trades**, but we don’t charge any fees on top of that.

ACCOUNT OPENING FEES

Creating an account on Passfolio is free. You just need to be 18 years old or more and submit some basic information during the sign up process.

MAINTENANCE FEES

Having a Passfolio account is free. We don’t charge any fees for maintaining your account.

* Securities less than $5 cost $0.02 per share traded.

** Passfolio is the brand name of Panchain, Inc. Passfolio Securities LLC and Passfolio Financial LLC are fully-owned subsidiaries of Panchain, Inc. Securities and cryptocurrencies are very different types of assets. Cryptocurrencies are not securities. Purchasing cryptocurrencies comes with a number of risks. Please read Passfolio Financial Cryptocurrency Risk Disclosure. Currency and cryptocurrency exchange services provided by Passfolio Financial LLC (“Passfolio Crypto”), a US Money Services Business registered with FinCEN. Passfolio Financial LLC is not a broker dealer. Cryptocurrencies are not protected by either FDIC or SIPC. Securities products and services offered to self-directed investors through Passfolio Securities LLC Member FINRA / SIPC. Passfolio Securities, LLC does not provide cryptocurrency-related services. Passfolio Securities LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org. To purchase securities using cryptocurrencies, you must first convert it into U.S. Dollars using Passfolio Financial LLC. You must then move the U.S. Dollar proceeds to your brokerage account at Passfolio Securities LLC where you can use it to buy securities.

What you may pay for:

What you may pay for:

DEPOSITS

When funding your account, different fees may apply.

Ⓘ Please also check third-party fees, from your bank for example

TED Transfer

1.2% currency conversion fee + 0.38% IOF

Wire or ACH Transfer

$0 **

Crypto

BTC, BCH, ETH, LTC or ZEC*

$0

Other methods

TransferWise, RemessaOnline, etc.

$0

WITHDRAWALS

When you withdraw money from the app, different fees may apply

Ⓘ Please also check third-party fees, from your bank for example

TED Transfer

1.2% currency conversion fee + 0.38% IOF + R$2,00

Wire or ACH Transfer

Wire (US) - $25
Wire (others) - $35
ACH - $0.25

ACCOUNT TRANSFERS

If you want to transfer your assets from or to another US broker-dealer.

ⓘ We offer a $100 reimbursement for incoming account transfers worth over $2,000. Click here to learn more.

Internal Transfer

From/To DriveWealth

$0

ACAT

Incoming - $0
Out (US citizens) - $50
Out (non-US citizens) - $100
Pass through fee - $0.10/position

Others

DWAC - $75/position
DTC Deliveries/Receives - $15/position
DRS Transfer - $50/position

* Passfolio is the brand name of Panchain, Inc. Passfolio Securities LLC and Passfolio Financial LLC are fully-owned subsidiaries of Panchain, Inc. Securities and cryptocurrencies are very different types of assets. Cryptocurrencies are not securities. Purchasing cryptocurrencies comes with a number of risks. Please read Passfolio Financial Cryptocurrency Risk Disclosure. Currency and cryptocurrency exchange services provided by Passfolio Financial LLC (“Passfolio Crypto”), a US Money Services Business registered with FinCEN. Passfolio Financial LLC is not a broker dealer. Cryptocurrencies are not protected by either FDIC or SIPC. Securities products and services offered to self-directed investors through Passfolio Securities LLC Member FINRA / SIPC. Passfolio Securities, LLC does not provide cryptocurrency-related services. Passfolio Securities LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org. To purchase securities using cryptocurrencies, you must first convert it into U.S. Dollars using Passfolio Financial LLC. You must then move the U.S. Dollar proceeds to your brokerage account at Passfolio Securities LLC where you can use it to buy securities.

** For returned wire transfers we charge a fee of $25.00 per transfer.

Additional wire transfer fees charged by any originating, intermediary, or recipient bank may apply. Both incoming and outgoing wire transfer reversals are subject to wire transfer reversal fees.

Federal, state or local taxes charged by the customer's country of origin may apply.

Processing and service fees assessed by third parties may be passed through to the customer's account. Some products and services may require additional fees or transaction minimums not specifically listed here.

Questions?

We are here to help. Our support team speaks English, Portuguese and Spanish, and is ready to help you with anything you need through support@passfolio.us