Overview of Passfolio fees and charges
It's safe to say that Passfolio's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use Passfolio even in case you trade frequently like multiple times a week or daily.
Here's a high level overview of Passfolio's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | Low | Monthly 10 stock order is commission-free, after that is the following: 0.25% (minimum of $1, maximum of $8), Orders between $5 – $400 = $1 Orders between $400.01 – $3,200 = 0,25% Order over $3,200 = $8 |
| EURUSD fee | - | Not available |
| US tech fund fee | - | Not available |
| Inactivity fee | Low | No account fee |
Confused about fees? Use this tool to see what the commission fee of a specific stock trade would be at Passfolio. To check and compare fees at other brokers, go to our main Fee calculator page.
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Passfolio fees
Passfolio fees explained
We compare Passfolio fees with its closest competitors, Revolut and SoFi Invest.
Passfolio fees
Passfolio trading fees
Passfolio's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).
Let's break down the trading fees into the different asset classes available at Passfolio.
Trading fees
Passfolio's trading fees are low.
Stock fees and ETF fees
Passfolio has low stock trading fees.
| Passfolio | Revolut | SoFi Invest | |
|---|---|---|---|
| US stock | $0.0 | $5.4 | $0.0 |
| UK stock | - | - | - |
| German stock | - | - | - |
Financing rates
Passfolio financing rates are .
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| Passfolio | Revolut | SoFi Invest | |
|---|---|---|---|
| Apple CFD financing rate | - | - | - |
| Vodafone CFD financing rate | - | - | - |
| EURUSD financing rate | - | - | - |
| EURGBP financing rate | - | - | - |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Currency conversion fee
Passfolio will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 1.45% currency conversion fee for TED transfers, a Brazilian transfers.
Passfolio fees
Passfolio non-trading fees
When it comes to looking at all the non-trading fees Passfolio is an average broker. This means that some of the non-trading fees are high, but the others are low or not charged at all.
Non-trading fees include various brokerage fees and charges at Passfolio that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| Passfolio | Revolut | SoFi Invest | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | No | No | No |
| Account fee | No | No | No |
Passfolio fees
Passfolio deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Passfolio is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Passfolio offers.
| Passfolio | Revolut | SoFi Invest | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | No |
| Electronic wallets | No | Yes | No |
| Deposit fee | $0 | $0 | $0 |
Passfolio fees
Passfolio withdrawal fee
Unlike some online brokers we have reviewed Passfolio does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| Passfolio | Revolut | SoFi Invest | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | No |
| Electronic wallets | No | Yes | No |
| Withdrawal fee with bank transfer | $0 | $0 | $0 |
Passfolio fees
Passfolio inactivity fee
Passfolio does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
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