The Portfolio account is a separate type of account on the trading platform that allows investing in stocks. In fact, the Portfolio account is swap-free, as there is no SWAP fee on this account.
The Portfolio account is available both in the web version and in the mobile app.
Key differences between a regular account and a Portfolio account
| Portfolio Account (long-term stock investing) | Regular Account (active trading) |
Profitability | Moderate | High |
Risk | No forced closure via Stop Loss and Stop Out | Forced closure possible via Stop Loss and Stop Out |
Instrument groups | Stocks | Currencies, cryptocurrencies, indices, agricultural commodities, stocks, metals, oil and gas, ETFs |
Trade direction | Buy (sell if asset is available) | Buy and sell (even without prior purchase) |
Fractional assets | Yes (0.01 of a share) | Yes (minimum trade amount depends on the instrument) |
Trading principle | Spot (only own funds) | Margin trading (using broker-provided multiplier to increase volume) |
Multiplier | Not provided | From 1 to 999 depending on the instrument |
Pending orders | Not available | Available |
Dividends | Credited to the account balance | Automatically factored into the trade’s financial result |
Demo accounts | Not available | Available |
Account statuses | Statuses do not apply to Portfolio accounts | Yes, depending on balance and trading volume |
Advantages of the Portfolio account
No commission is charged per trade
No SWAP fee (swap, or the fee for holding a position overnight)
No Margin Call or Stop Out
No forced Take Profit
No inactivity fee
Investors can buy 0.01 of a share (fractional shares)
Great option for long-term investing