Passfolio Review 2021

Passfolio is a regulated American stockbroker that boasts cryptocurrency trading and a range of US markets.

Passfolio is broker that gives traders access to Cryptocurrency and Stocks. Surprisingly, Passfolio does not support either of the enormously popular MetaTrader platforms (4 and 5).

Cryptocurrency traders will have lots of options at Passfolio, with 43 different coins to trade: BTC, ETH, LTC, BCH, ZEC, FIL, ZRX, AAVE, AMP, BAT, BAL, LINK, COMP, CRV, DAI, MANA, KNC, MKR, OXT, PAXG, REN, STORJ, SNX, UMA, UNI, YFI, BNT, 1INCH, LRC, SAND, SKL, GRT, ENJ, ALCX, ANKR, BOND, FTM, INJ, LPT, MIR, MATIC, CUBE and SUSHI.

Careful traders will be pleased to know that Passfolio is licensed to provide trading services by multiple regulatory bodies, 2 in fact. Note, however, that the FCA here in the UK is not among them. Prudent traders might want the extra safety of going with an FCA-regulated broker.

Passfolio Summary

Passfolio is a regulated American stockbroker that boasts cryptocurrency trading and a range of US markets.

Ratings

40%
Trust
33%
Instruments
0%
Features
BonusNone
InstrumentsCrypto, Stocks
Demo Account
Min. Deposit$1
Min. TradeN/A
Regulated BySEC, FINRA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

Cryptocurrency Trading

Passfolio offers cryptocurrency trading with over 30 tokens on its proprietary platform.

Spread
CoinsBTC, ETH, LTC, BCH, ZEC, FIL, ZRX, AAVE, AMP, BAT, BAL, LINK, COMP, CRV, DAI, MANA, KNC, MKR, OXT, PAXG, REN, STORJ, SNX, UMA, UNI, YFI, BNT, 1INCH, LRC, SAND, SKL, GRT, ENJ, ALCX, ANKR, BOND, FTM, INJ, LPT, MIR, MATIC, CUBE, SUSHI

Payment Methods

Passfolio accepts the following payment methods:

  • Bitcoin Payments
  • Wire Transfer
  • Credit Card
  • Visa
  • Mastercard
  • PIX Payment
  • Debit Card
Risk Warning – Your capital is at risk

FAQ

Is Passfolio Safe?

Yes, most likely, as we gave Passfolio a trust score of 40% in this review. The main negative factor in this score is that Passfolio is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does Passfolio Accept PayPal?

No, Passfolio does not accept PayPal payments.

Is Passfolio Halal?

Probably not, as Passfolio does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is Passfolio Regulated?

Yes, Passfolio is regulated by 2 different regulators: SEC and FINRA.

The fact that Passfolio is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.

Passfolio vs Other Brokers

If you want to compare Passfolio with other brokers, use the detailed comparisons below.

Passfolio vs
Passfolio is a regulated American stockbroker that boasts cryptocurrency trading and a range of US markets.