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Passfolio Finance Trade Forex Broker keeps up-to-date with the latest trading account information, including Platinum, Gold, Silver, Basic maximum leverage of --, trading varieties, and more
Rating Index
Pros
Low minimum deposit requirement of $1, making it accessible for new traders.
Wide range of trading instruments available, including stocks, cryptocurrencies, ETFs, and REITs.
Regulated by reputable bodies such as FINRA and SEC, providing a level of security for client funds.
Cons
No demo account available for testing trading conditions before committing real funds.
Limited customer support options, which may hinder timely assistance for users.
Lack of comprehensive educational resources, making it challenging for beginners to learn effectively.
Passfolio Finance Trade broker Accounts
Platinum
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$10,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
Gold
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$5,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
Silver
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$1,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
Basic
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$300
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
Passfolio Account Type
Passfolio offers two main types of accounts for traders: the Standard Plan and Passfolio Pro.
- Standard Plan:
- Minimum Deposit: $1
- Trading Fees: $0.02 per share for stocks priced above $5.
- Features: Basic trading functionalities including access to stocks, ETFs, and cryptocurrencies. No account maintenance fees.
- Support: Available in English, Portuguese, and Spanish.
- Passfolio Pro:
- Subscription Fee: $5 monthly or $50 annually.
- Additional Features: Access to margin trading, dividend reinvestment, and an extended list of order types.
- Minimum Deposit: $1 (same as Standard Plan).
- Trading Fees: Same as Standard Plan for stocks; cryptocurrency fees range from $0.99 to $2.99 depending on the order amount.
- Visit the Official Website: Go to Passfolio's official site.
- Sign Up: Click on the "Sign Up" button on the main page.
- Fill Out Personal Information: Provide your name, email address, country of residence, and create a password.
- Verify Contact Information: Enter your phone number to receive a verification code.
- Provide Residence Details: Input your address, including city, postal code, and state.
- Income Information: Enter your income details.
- Social Security Number (SSN): If applicable, provide your SSN.
- Review and Confirm: Go through the terms and conditions and confirm your name and details.
Passfolio Broker Account Opening Process
Opening an account with Passfolio is straightforward and can be completed in several steps:
After completing these steps, your account will be set up, and you can start trading with a minimum deposit of $1. Note that Passfolio does not offer a demo account for testing trading conditions.
Passfolio Finance Trade Similar Broker Accounts
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Passfolio Finance Trade accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $10,000 by (2+) --.