Opendoor, an American real estate company that operates as an “iBuyer”, announced on September 15 that it would go public through a business combination agreement. With Passfolio Securities, you will be able to sell or buy Opendoor stocks, all with no commission fees and using your local currency.¹
Find out how to invest in Opendoor IPO below and sign up for Passfolio!
¹ Securities less than $5 cost $0.02/share. Please see our disclosures on other charges.
Opendoor, an American real estate company that operates as an “iBuyer”, announced on September 15 that it would go public through a business combination agreement. With Passfolio Securities, you will be able to sell or buy Opendoor stocks, all with no commission fees and using your local currency.¹
Find out how to invest in Opendoor IPO below and sign up for Passfolio!
¹ Please see our fractional shares disclosure.
Launched in 2014, Opendoor is an online platform that lets owners easily sell their properties online. Opendoor purchases the properties, makes any necessary changes by improving and repairing them, then relists them for sale while charging a higher price. In the real estate market, companies who operate this way are known as “iBuyers”.
Opendoor’s process of going public will not be the traditional one: Opendoor announced it will be acquired by a “special purpose acquisition company” (SPAC) called Social Capital Hedosophia II (SCH). A SPAC is a company that has no business and, instead, is created with the intention of going public and merging with another one.
With this transaction, Opendoor will go public in the US stock market, accelerating its plan to become a digital one-stop shop for homeowners, according to BusinessWire.
If you are interested in selling or buying Opendoor stock when it becomes available, you will be able to do so with the Passfolio app. You won’t need thousands of dollars to do it - you can start with only $1, because we let our users purchase fractional shares!²
² Please see our fractional shares disclosure.
If you want to invest in Opendoor stocks in the US with no commission fees, you can use Passfolio for that.¹
Check out the step by step below!
³ Securities less than $5 cost $0.02/share. Please see our disclosures on other charges.
Passfolio is a US stock trading app available in 170+ countries that charges no commission fees¹. Instead, the app makes money on uninvested cash and currency conversions. This means you can easily sell or buy Opendoor stocks after its IPO using your local currency from almost anywhere in the world!
With Passfolio Securities, if you want to invest in the US and sell or buy Opendoor stocks on NYSE or NASDAQ, you can! And the best part: it's commission-free!
That's right, you don't pay commission fees to invest in Opendoor with Passfolio.¹
Click here to sign up for Passfolio today and create your account by sending us some basic information about you. It only takes 5 minutes!
After signing up, download the Passfolio app on the App Store or Google Play. All your investments can be managed from the palm of your hand.
.png)
You can deposit just $100 to start. We accept deposits via wire transfers, TED, Remessa Online or other methods.
After Opendoor's IPO, search for "Opendoor" in the app and trade as you wish! You can buy or sell Opendoor shares starting with just $1.²
Click here to sign up for Passfolio today and create your account by sending us some basic information about you. It only takes 5 minutes!
After signing up, download the Passfolio app on the App Store or Google Play. All your investments can be managed from the palm of your hand.
You can deposit just $100 to start. We accept deposits via wire transfers, TED, RemessaOnline or other methods.
After Opendoor's IPO, search for "Opendoor" in the app and trade as you wish! You can buy or sell Opendoor shares starting with just $1.²
¹ Securities less than $5 cost $0.02/share. Please see our disclosures on other charges.
² Please see our fractional shares disclosure.
Securities less than $5 cost $0.02/share. Please see our disclosures on other charges.
Please see the terms of our referral program.
Please see our fractional shares disclosure.
Please read important legal disclosures that apply to your relationship with Passfolio.
Investing involves risk, including possible loss of principal.
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.
Passfolio is the brand name of Panchain, Inc. Passfolio Securities LLC and Passfolio Financial LLC are fully-owned subsidiaries of Panchain, Inc.
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.
Online trading has inherent risk due to system response, execution price, speed, liquidity, market data and access times that may vary due to market conditions, system performance, market volatility, size and type of order and other factors. An investor should understand these and additional risks before trading.
Content, news, research, tools, market data and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or to engage in any particular investment strategy. The information provided is not warranted as to completeness or accuracy and is subject to change without notice. The information provided should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results.
All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Consider the investment objectives, risks, charges, and expenses of a fund before investing. Contact us for a prospectus containing this information.
Please remember that diversification is not an investment strategy without risk, and in certain circumstances, it may not fit your investment objectives. Past performance is no guarantee of future results.
Certain services (“Services”) offered through our mobile app are offered only in jurisdictions where it is legal to do so. The availability of the Services over the Internet is not a solicitation for or offering of the Services to any person in any jurisdiction where such solicitation or offering is illegal. We reserve the right to limit the availability of the Services to any person, geographic area, or jurisdiction, at any time and in our sole discretion. We make no representation that the Services are appropriate or available for use in locations outside of United States, or that accessing our mobile app is legally permitted in countries or territories where the Services may be illegal. If you access the Services from other locations, you do so at your own risk and are responsible for compliance with local laws. In particular, we are not authorized by the Brazilian Securities and Exchange Commission (CVM) to offer securities distribution services to investors who reside, are domiciled or incorporated in the Federative Republic of Brazil. The Services are not specifically directed to investors who reside, are domiciled or incorporated in the Federative Republic of Brazil and should not be understood as an offer of services directed to such investors.
According to CVM's Legal Opinion No. 33, dated September 30, 2005, Passfolio contracted RB Capital Investimentos Distribuidora de Títulos e Valores Mobiliários Ltda. ("RB Investimentos"), a Brazilian securities distributor duly authorized by the Central Bank of Brazil and the CVM, through which RB Investimentos makes Passfolio's services available to investors resident, domiciled or incorporated in the Federative Republic of Brazil. The services provided by RB Investimentos should not be understood as an offering of securities directed to such investors. Although RB Investimentos has been hired to provide Passfolio's services, Passfolio offers its services exclusively in the United States and under the rules and regulations applicable in that country. As these services are investments made directly in the United States through Passfolio, they are not registered with or subject to the supervision of the CVM or any other Brazilian regulatory agency, so the investor must have knowledge of the language and local regulation. Investors resident, domiciled or incorporated in the Federative Republic of Brazil who have become or will become clients of Passfolio through RB Investimentos may contact the following e-mail addresses: suporte@passfolio.us / contato@rbinvestimentos.com
Investors should consider the investment objectives, risks, and charges and expenses of an Exchange Traded Fund ("ETF") carefully before investing. Before investing in any ETF, you should consider its investment objective, risks, charges and expenses. Contact us at support@passfolio.us for a prospectus containing this information. Read it carefully. ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. ETFs are subject to risks similar to those of stocks. Some specialized exchange-traded funds can be subject to additional market risks. Leveraged and inverse exchange-traded products are not designed for buy and hold investors or investors who do not intend to manage their investment on a daily basis. These products are for sophisticated investors who understand their risks (including the effect of daily compounding of leveraged investment results), and who intend to actively monitor and manage their investments on a daily basis.
Be sure to consider your own financial situation, perform thorough research, and consult with a qualified tax professional before making any investment decisions concerning REITs. Investments in REITs and other real estate securities are subject to similar risks as direct investments in real estate. The real estate industry is particularly sensitive to economic downturns.
Where an investment is denominated in a currency other than the investor’s currency, changes in rates of exchange may have an adverse effect on the value, price of, or income derived from the investment.
Securities products are: Not FDIC insured · Not bank guaranteed · May lose value
Market data refreshed at least every 15 minutes unless otherwise indicated. Market data provided by Polygon.
FINRA BrokerCheck reports for Passfolio Securities LLC are available at https://www.finra.org/brokercheck.
Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, Passfolio Securities, LLC and its affiliates are not partners, affiliates, or licensees of these companies.
Passfolio Securities, LLC
Member FINRA/SIPC
V.09 11/24/2020
