Company Information

Get to know Openfolio

Founded in 2013, Openfolio was a financial technology company that operated a platform for retail investors. Its core service enabled users to connect their brokerage accounts to see their entire portfolio in one place, track performance, and anonymously compare their holdings and returns against other users, indexes, and curated communities (e.g., users at a specific company or university). The mission was to bring transparency to personal investing and help people make smarter financial decisions through shared data. In October 2017, the company was acquired by financial technology firm StoneCastle, and the Openfolio platform was subsequently shut down.

Industry

Financial Financial AdvisementPRIMARY
Financial Wealth Management

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Openfolio

United States

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.