Invest in US stocks from the palm of your hand and with no commission fees

Published on
28/11/19
by
Passfolio

Investing in the United States can be an interesting way to reduce your exposure to local markets. In addition to diversifying your portfolio, investing in the US can be a good way to potentially earn money in a strong currency: the dollar. 


The US stock market may be an attractive opportunity for those who live in markets like Brazil and want to expand their investment horizons. After all, while the Brazilian interest rate is facing an all-time low, NASDAQ continues its upward trend.


Invest in US stock with Passfolio

Traditionally, people in Brazil can only own US stock with something called a BDR (Brazilian Depository Receipt). The problem is: to buy BDRs directly, Brazilians must have at least R$ 1 million in financial assets.


Technology, however, has changed this situation. You can now buy and sell American stock with as little as $1* from the palm of your hand with no commission fees**.  


With the Passfolio app, you can invest in companies like Amazon, Netflix, and Apple on your terms and without having to open a US bank account or own BDRs. We make investing in US assets accessible and even accept local deposit methods such as TEDs. 


No commission fees? How?

Instead of charging commission fees and taking a slice of your investment, we found more reasonable ways to make money, such as:


  • Interest on uninvested cash 
  • Exchange rates


However, it is important to consider that deposit fees may vary according to your country and its transfer method. Before using the app, take a look at the information we provided here: https://www.passfolioapp.com/fees  


How to create a Passfolio account

Create your account by following the steps below: 


  1. Submit your documents through the app (ID and proof of address).
  1. We'll contact you within 1 business day to let you know if your account has been approved. If any information is pending, we will request additional documents.
  1. If necessary, we will email you requesting additional information. Don't worry - we'll provide all instructions on how to send us the additional documents.


We look forward to expanding investment opportunities for people around the world. If you have any questions, feel free to contact us at support@passfolioapp.com or check our FAQ: https://support.passfolioapp.com


* Please see our Fractional Shares Disclosure 

**Please see our Disclosures on Other Charges