The US stock market may be an attractive opportunity for those who live in markets like Brazil and want to expand their investment horizons. After all, while the Brazilian interest rate is facing an all-time low, NASDAQ continues its upward trend. It is important to note, however, that past performance does not guarantee future results.
Traditionally, people in Brazil can only own US stock with something called a BDR (Brazilian Depository Receipt). Brazilian Depositary Receipts (BDRs) are certificates for securities issued by publicly-held companies, or similar companies, based abroad, and generally issued by a depository institution in Brazil. The problem is: to buy BDRs directly, Brazilians must have at least R$ 1 million in financial assets.
Technology, however, has changed this situation. You can now buy and sell American stock with as little as $1* from the palm of your hand with no commission fees**.
With the Passfolio app, you can invest in companies like Amazon, Netflix, and Apple on your terms and without having to open a US bank account or own BDRs. We make investing in US assets accessible and even accept local deposit methods such as TEDs.
Instead of charging commission fees and taking a slice of your investment, we found more reasonable ways to make money, such as:
However, it is important to consider that deposit fees may vary according to your country and its transfer method. Before using the app, take a look at the information we provided here: https://www.passfolioapp.com/fees
Create your account by following the steps below:
We look forward to expanding investment opportunities for people around the world. If you have any questions, feel free to contact us at firstname.lastname@example.org or check our FAQ: https://support.passfolioapp.com
* Securities less than $5 cost $0.02/share. Please see our disclosures on other charges.
**Please see our Disclosures on Other Charges
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.