Optimus Futures vs Passfolio compared

Optimus Futures
Passfolio
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Account opening score
    2.5
    /5
  • Research score
    4.3
    /5
  • Deposit and withdrawal score
    1.1
    /5
  • Account opening score
    5.0
    /5
  • Research score
    2.3
    /5
  • Deposit and withdrawal score
    2.8
    /5
Recommended for
  • Investors and traders globally
  • Beginners
You can open an account in United States
You can't open an account in United States
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
3.9

Recommended for Day traders focusing on futures and technical trading

Overall Score
4.6

Recommended for Beginners and long-term investors focusing on the US stock market

Country of origin

USA

Country of origin

USA

Fees

Fees score
4.8
Fees score
4.2
Fees summary

Low trading, but high non-trading fees

Fees summary

Free stock and ETF trading, average non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
1.1
Deposit and withdrawal score
2.8
Number of base currencies

1

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
2.5
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$500

*
Minimum deposit
*

$0

*
Time to open account

>3 days

Time to open account

1 day

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Required documents

Proof of identity: national ID / passport / driver's license / residence permit

Trading platform

Web platform score
-
Web platform score
3.8
Mobile platform score
-
Mobile platform score
4.8
Desktop platform score
3.8
Desktop platform score
-

Markets and products

Markets and products score
1.5
Markets and products score
2.2
Stocks
Stocks
Fractional shares
Fractional shares
*
*
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
*
*
Options
Futures
Futures
Crypto
*
*
Crypto
CFDs
CFDs

Research, education

Research score
4.3
Research score
2.3
Charting quality

Great

Charting quality

Poor

Education score
4.0
Education score
2.5
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
4.9
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

No protection

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2005

Foundation date

2018

Country of regulation

USA

Country of regulation

USA

Optimus Futures

For detailed information and hands-on experience, read our review of this broker.

Passfolio

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

Optimus Futures's service is slightly weaker than Passfolio's and a comparison of their fees shows that Optimus Futures's fees are slightly lower than Passfolio's.

Account opening takes considerably more effort at Optimus Futures compared to Passfolio, deposit and withdrawal processes are more complicated at Optimus Futures, while customer service quality is similar to Passfolio's.

Our experts rated the trading platform of Optimus Futures as somewhat worse than the platform of Passfolio, found that clients have access to slightly less markets and products with Optimus Futures, while Passfolio provides less useful research and education.

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