![]() ![]() There are two main acccount types at Passfolio: the Standard Account and the Pro Account. That comes on top of the fact that having a regular account at Passfolio does not incur any other fees either. There is no required minimum deposit at Passfolio. What is the minimum deposit at Passfolio? Passfolio non-trading feesĪlthough Passfolio primarily caters to US investors, it also accepts clients from Brazil, Colombia, Mexico and Nigeria. When it comes to withdrawals, all transactions carry a price tag. With the sole exception of withdrawals, clients do not have to pay any other non-trading fees, which is an ideal setup for long-term traders. ![]() However, other fees may apply, as the fee is proportional to the time of use of the program and the total amount invested on the day of collection. Passfolio charges a 0.75% annual advisory fee, which is fixed. Passfolio provides a robo-advisory service called Smart Portfolios. Opening, maintaining, and closing your crypto account with Passfolio are all free. Passfolio's crypto partner Gemini charges 0.35% on each crypto trade, but the brokerage does not charge any fees on top of that. It can account for a significant portion of your trading costs. You have to pay interest on this borrowed money – the interest rate is called the margin rate. Trading on margin basically means that you borrow money from your broker and can purchase more shares than you could with just the available cash in your account. If you prefer stock trading on margin, you should check Passfolio's margin rates. Passfolio stock and ETF commission for a $2,000 trade To make matters even sweeter, clients can also trade REITs (real estate investment trusts) and ADRs (American depositary receipts, essentially stocks of companies not listed in the US) free of charge. Above that limit it costs $1 for orders between $5 – $400, 0,25% of the trade value fo orders between $400.01 – $3,200 and $8 for orders over $3,200.įor asset orders, which are less than $5 per share, Passfolio charges $0.25/share, with a minimum price of $1. Passfolio charges no commission for the first 10 orders in a month. In practical terms, there are no trading fees at Passfolio, as the broker only charges for trades with a value of less than $1.0 Besides being highly unusual in the broker universe, this fee profile makes Passfolio especially well-suited for newcomers to trading. To have a clear overview of Passfolio, let's start with its trading fees. See a more detailed rundown of Passfolio alternatives. This selection is based on objective factors such as products offered, client profile, fee structure, etc. We also compared Passfolio's fees with those of two similar brokers we selected, Revolut and SoFi Invest. ![]() For example, in the case of stock investing the most important fees are commissions. In the sections below, you will find the most relevant fees of Passfolio for each asset class.
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