Portfolio Personal Inversiones separates its Argentine brokerage tariff from the PPI Global schedule. The distinction changes foreign-share commissions and minimums, while transfer, corporate-action and currency charges can also matter. PPI provides an order-capable API and the Pepi information assistant, with very different authority and responsibility for each.[1][2][3][4][5]
Accounts and eligibility
Sections ↑Opening and eligibility
| Item | Details |
|---|---|
| Applicant | The legal terms require legal capacity and age 18 or over; the website offering is directed to Argentina.Source 2Source 3 |
| Digital verification | The opening process uses identity-document and selfie verification.Source 2Source 3 |
| Opening and maintenance | The Personal account page states that these are free.Source 2Source 3 |
First funding requirement
| Item | Details |
|---|---|
| Initial amount | The published first-deposit requirement is more than ARS5,000.Source 2 |
| Funding identity | The transfer must come from a bank account in the customer’s own name.Source 2 |
| Approval | Opening an account and having cleared cash available to trade are separate stages.Source 2 |
Local and Global tariff boundaries
| Item | Details |
|---|---|
| Local brokerage | The Argentine commission schedule is dated effective 1 July 2026.Source 1 |
| PPI Global | A separately labelled schedule applies to the Global service.Source 1 |
| Advised service | Advice fees and adviser-routed transactions can differ from self-directed online rates.Source 1 |
Products and market access
Sections ↑Argentine investment range
| Item | Details |
|---|---|
| Shares and CEDEARs | Online dealing in the stated local-market instruments.Source 1 |
| Fixed income | Government and corporate bonds, bills and relevant auctions have separate tariff lines.Source 1 |
| Derivatives and repos | Options, futures and securities-backed repo transactions are priced separately.Source 1 |
PPI Global instruments
| Item | Details |
|---|---|
| Shares and ETFs | Supported international markets with venue and share-price-specific fees.Source 1 |
| Bonds | US/European government and other foreign bond categories have different minimums.Source 1 |
| Foreign options | The Global schedule includes a per-lot option commission.Source 1 |
Trading and holding costs
Sections ↑Local shares and CEDEARs
Local bonds and derivatives
| Item | Details |
|---|---|
| Government and corporate bonds | 0.60% in the local schedule; do not add a VAT label to a line that does not state one.Source 1 |
| Options | 1% plus VAT; exercise has a separate 0.60% line where applicable.Source 1 |
| Futures | Up to 0.50% plus VAT in the stated line, which includes the specified operating costs.Source 1 |
Bills and auctions
Lending-side repo commissions
Local same-day round-trip concession
| Item | Details |
|---|---|
| Required match | Same instrument, currency and settlement condition on the same day.Source 1 |
| Concession | Broker commission on the lower-value leg is waived after the close under the published rule.Source 1 |
| Costs remaining | Market costs and applicable taxes are not automatically waived.Source 1 |
Generic foreign-share tariff outside the Global table
| Item | Details |
|---|---|
| Published line | 0.60%, minimum USD35, plus VAT for the generic foreign-share/ETF service line.Source 1 |
| Separate Global pricing | The Global table provides lower minima for specified instruments and venues.Source 1 |
| Account check | The actual service used determines the applicable schedule; do not combine the lowest parts of two different tariffs.Source 1 |
PPI Global US shares
PPI Global other shares and ETFs
| Item | Details |
|---|---|
| Hong Kong shares | 0.60%, minimum USD20.Source 1 |
| Other stated foreign shares | 0.60%, minimum USD10.Source 1 |
| ETFs above USD5 | 0.60%, minimum USD10.Source 1 |
| ETFs below USD5 | USD0.04 per unit, minimum USD10; applicable taxes and intermediary charges remain relevant.Source 1 |
PPI Global bonds and options
Global account and optional services
Corporate actions and advice
| Item | Details |
|---|---|
| Private-security dividends | 1% plus VAT in the corresponding local tariff line.Source 1 |
| Government-security income | 0.70% for interest; amortisation has a separate charge of up to 0.26%.Source 1 |
| Optional advice | Up to 3% annually on assets under advice in the stated service.Source 1 |
| Market data | The schedule permits a monthly price-feed charge for the selected service.Source 1 |
Platforms, orders and execution
Sections ↑API trading capability
| Item | Details |
|---|---|
| Read access | Balances, positions, movements, instruments, historical prices and real-time data functions are documented.Source 5Source 4 |
| Order access | The API can send and cancel orders.Source 5Source 4 |
| Technical requirement | The API is intended for clients able to program and manage the integration themselves.Source 5Source 4 |
API test environment
| Item | Details |
|---|---|
| Availability | The FAQ says clients can request the API service without an activation fee.Source 4 |
| Sandbox | Test-environment credentials are requested through the support process.Source 4 |
| Live use | Sandbox testing does not demonstrate a live order’s acceptance, fill or market availability.Source 4 |
Funding, settlement and transfers
Sections ↑Local bank deposits
| Item | Details |
|---|---|
| Origin | A bank account in the investor’s own name.Source 2 |
| PPI deposit charge | The Personal page states no incoming PPI fee.Source 2 |
| Allocation estimate | The page describes weekday crediting and an indicative maximum of two hours; bank processing and verification can affect availability.Source 2 |
Cash-transfer fee distinctions
Securities transfers
CEDEAR conversion and euro-denominated fees
| Item | Details |
|---|---|
| CEDEAR conversion | Up to EUR25 plus VAT, plus the relevant agent charge.Source 1 |
| Euro fee settlement | The tariff describes payment in pesos using Banco Nación’s seller exchange rate.Source 1 |
| Distinction | A securities conversion charge is separate from a normal bank FX conversion or brokerage commission.Source 1 |
Custody and client protection
Sections ↑Securities-company identity
| Item | Details |
|---|---|
| Legal name and tax ID | PP Inversiones S.A.; CUIT 30-71531588-9.Source 3Source 1 |
| ALyC registration | Number 686 is disclosed by the provider.Source 3Source 1 |
| Fund-distribution permissions | The legal disclosure identifies direct distribution number 38 and integral distribution number 73; these are different categories.Source 3Source 1 |
Investments and bank guarantees
| Item | Details |
|---|---|
| Mutual funds | The legal disclosure explains that fund units are not bank deposits.Source 3 |
| Performance | Fund and securities values can decline.Source 3 |
| Coverage boundary | A bank relationship or a waived custody charge is not evidence of an insurance limit protecting investment performance.Source 3 |
Support, complaints and records
Sections ↑Client and account assistance
| Item | Details |
|---|---|
| Telephone | 0800 345 7599.Source 1 |
| General email | [email protected].Source 1 |
| Account and trade details | Identify the account, security and relevant instruction when asking about a transaction.Source 1 |
API credential recovery
| Item | Details |
|---|---|
| Request address | [email protected].Source 4 |
| Identity channel | Send the request from the email registered on the account.Source 4 |
| Action | The FAQ describes revoking and reissuing API credentials; this is not a published guarantee of an immediate reset.Source 4 |
Account records through the API
| Item | Details |
|---|---|
| Balances and positions | The documented endpoints expose account balances and holdings.Source 5 |
| Movements | Transaction and movement data are available through the supported methods.Source 5 |
| Scope | The documentation does not establish a universal post-closure retention period or a complete tax-return calculation.Source 5 |
Research and additional services
Sections ↑Pepi information assistant
| Item | Details |
|---|---|
| Purpose | General orientation and information within the platform.Source 3 |
| Decision responsibility | The legal terms caution against relying on the assistant as the basis for an investment decision.Source 3 |
| Authority | The assistant is not described as an autonomous order-execution or discretionary-management service.Source 3 |
Research, advice and automation
| Item | Details |
|---|---|
| Advice | A separately priced service can be agreed.Source 1Source 4Source 5 |
| Data | Optional data charges may apply under the tariff.Source 1Source 4Source 5 |
| Programming | An API integration can submit orders, so an informational assistant and an order-capable program have different operational consequences.Source 1Source 4Source 5 |
Company and service history
Sections ↑Brand and operating entity
| Item | Details |
|---|---|
| Brand | Portfolio Personal Inversiones, commonly PPI.Source 3Source 1 |
| Operating entity | PP Inversiones S.A.Source 3Source 1 |
| Service geography | The website’s legal offering is directed to Argentina; Global refers to market access rather than unrestricted worldwide account eligibility.Source 3Source 1 |
- Headquarters
- Argentina
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
PP Inversiones S.A.
No separate licence entry is recorded in this panel.
Cost illustrations and practical implications
Sections ↑Calculated local-share example
Calculated Global low-price example
| Item | Details |
|---|---|
| Assumption | 100 shares priced below USD5, using the listed USD0.04-per-share formula.Source 1 |
| Calculation | USD4 is below the USD10 minimum, so the minimum applies.Source 1 |
| Comparison | A percentage-only calculation would miss the low-price rule; taxes and other applicable charges are excluded.Source 1 |
Sources & further reading
- PPI commissions: local schedule effective 1 July 2026 and separate Global tariff Portfolio Personal Inversiones (PPI) · Accessed 27 Oct 2026
- PPI Personal: digital opening, first deposit and bank funding Portfolio Personal Inversiones (PPI) · Accessed 27 Oct 2026
- PPI legal disclosures: entity, registrations, eligibility and Pepi limitations Portfolio Personal Inversiones (PPI) · Accessed 27 Oct 2026
- PPI official API FAQ, updated 24 August 2026 Portfolio Personal Inversiones (PPI) · Accessed 27 Oct 2026
- PPI official API documentation: balances, quotes and order endpoints Portfolio Personal Inversiones (PPI) · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.