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Is Passfolio a US registered broker-dealer?

Money is serious business, so we get it when people ask us if Passfolio is a US registered broker-dealer. In this post, we’d like to get into that. 

On that subject, Passfolio is not a registered broker dealer. Rather, it operates via its fully-owned subsidiary Panchain Securities, a regulated member of FINRA and SIPC. You can find FINRA BrokerCheck reports for Panchain Securities LLC here.


We also routinely interview our users to follow up on their experience with the app and quickly take measures to address any concerns or pain points they might have. After all, we believe user feedback is the best way to check up on the app’s quality. 

Questions? Get in touch


We look forward to expanding investment opportunities for people around the world. If you have any questions or would like to know more about Passfolio, feel free to contact us at support@passfolioapp.com or check out our FAQ: https://support.passfolioapp.com


*Securities less than $5 cost $0.02/share. Please see our disclosures on other charges.

**Please see our Fractional Shares Disclosure

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Passfolio is a San Francisco fintech company democratizing investment opportunities by creating a unified, global, and borderless investment market starting with the United States Stock Market.

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