Online brokers compared for fees, trading platforms, safety and more. See how FXTM stacks up against Passfolio!
Last update of data—Sep 2022
FXTM is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the Mauritian FSC. It is licensed by South Africa's FSCA.
Passfolio is a US-based commission-free stockbroker focusing on Brazil. It is regulated by both FINRA and SEC, and is available globally for clients.
Recommended for forex traders familiar with the MetaTrader platform.
Recommended for beginners and long-term investors focusing on the US stock market.
FXTM
FXTM is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the Mauritian FSC. It is licensed by South Africa's FSCA.
Recommended for forex traders familiar with the MetaTrader platform.
Passfolio
Passfolio is a US-based commission-free stockbroker focusing on Brazil. It is regulated by both FINRA and SEC, and is available globally for clients.
Recommended for beginners and long-term investors focusing on the US stock market.
FXTM's service is on par with Passfolio's and a comparison of their fees shows that FXTM's fees are slightly higher than Passfolio's.
Account opening takes about the same effort at FXTM compared to Passfolio, deposit and withdrawal processes are more seamless at FXTM, while customer service quality is somewhat better than Passfolio's.
Our experts rated the trading platform of FXTM as somewhat worse than the platform of Passfolio, found that clients have access to slightly more markets and products with FXTM, while Passfolio provides less useful research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Brokers displayed might not be available in United States.