Passfolio is no longer operating

Written by
Adam N.
Fact checked by
Apr 2024

Unfortunately, Passfolio shut down its operations in November 2022. The existing stock accounts will be transferred to Sproutfi, a US-registered broker.  

Passfolio was a global zero-commission stockbroker founded in 2018. It was regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

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Adam Nasli
Author of this article
I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.
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