Backpack Securities
Last Updated Jul 16, 2026
Last Updated Jul 16, 2026
Backpack Securities offers commission-free trading in around 1,000 US-listed stocks and ETFs to eligible users outside the United States. You trade them from the same Backpack account as crypto, priced in USD as one portfolio. You hold real US shares as their beneficial owner, with a security entitlement under New York UCC Article 8.
⚠ Introducing broker is a Backpack affiliate. You contract with Backpack Securities Global Limited, which routes your orders into the US clearing chain. It is part of the same group as the Backpack exchange. The affiliate relationship sits at the order-introducing layer.
✓ Clearing and custody are independent. RQD Clearing custodies your shares; Atomic Vaults Securities routes accounts as the intermediary broker. Both are independent of the Backpack group.
RQD Clearing and Atomic Vaults Securities are SIPC members. If a member broker fails and customer assets are missing, SIPC covers securities and cash in member customer accounts up to $500,000, including a $250,000 cash limit.
Stocks are held in an omnibus account at RQD Clearing in Backpack Securities Global Limited's name. Backpack Securities Global Limited is the customer of record at RQD. Only the omnibus account receives SIPC coverage, shared among users, and that coverage may be insufficient. Your customer relationship sits with Backpack Securities Global Limited rather than with the clearing broker directly. No Backpack document affirms per-user pass-through coverage.
You own a real US-listed stock or ETF: your own property.
The protection is the security entitlement under New York UCC Article 8 (§8-503), the same private property interest that applies to stock holdings across the US brokerage industry.
Voting and proxy delivery are covered in dividends and corporate actions below.
| Time | Tradable |
|---|---|
| Regular hours9:30am–4:00pm ET | Yes |
| Extended hours4:00am–9:30am & 4:00pm–8:00pm ET | Yes |
| Overnight8:00pm–4:00am ET | Yes |
| Weekend · select stocks on Backpack-native order books | Yes |
Backpack Securities follows the full US-equities schedule from Sunday 8:00pm ET to Friday 8:00pm ET. A separate weekend service covers select US equities from Friday 8:00pm ET to Sunday 8:00pm ET, with fractional shares available. Weekday orders use the ordinary routed quote flow. The weekend book runs on Backpack-native order books, priced by Backpack market makers.
| Item | Detail |
|---|---|
| Commission | None |
| Platform fee | None |
| Regulatory pass-through fees | Schedule not published |
| ADR custody charges | Schedule not published |
| ACATS transfer fees | Schedule not published |
| Token withdrawal | Approximately US$0.50, paid in the token |
| Minimum order value | $1, all sessions |
The all-in quote you confirm is what you pay, and off-hours quotes are naturally wider when liquidity is thinner, especially overnight. Regular hours allow fractional orders from 0.01 share; off-hours require a minimum of 1 whole share.
This product is for users outside the United States.
| Region | Detail |
|---|---|
| Restrictedcannot use | United States, United Kingdom, United Arab Emirates, Japan, and the Backpack EU platform. |
| Allowedcan use | Users outside the restricted countries above. What you see at signup is binding. |
Also required: One-time acceptance of the Backpack Securities Brokerage Services Terms before the first trade.
The product is in public beta on the web, with mobile web supported and a native app pending. The binding terms are those communicated on the Backpack platform and the Brokerage Services Terms, which may be amended.