Backpack combines a US stock brokerage, a crypto exchange, perpetual futures, lending and a self-custody wallet under one account, with one margin system across spot, perps, stocks and lending. The page states 0% fees on stock trading and $0 USD deposit and withdrawal fees. It reports $400B+ volume, $350M+ under custody, access in 150+ countries and daily proof of reserves with an OtterSec Verified badge. Listed licenses include MiCA, MiFID II/CySEC, VARA and FinCEN registration. Crypto and futures fee schedules were not shown on the home page.
Who it is for: Traders who want stocks, crypto and perps on one account with a self-custody wallet option.
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