Vest is a platform that acts as an "Introducing Broker," which means we need a primary firm to support our operations.
All of our operations are backed by our main partner DriveWealth, a broker that facilitates the custody of our clients' investment accounts in the U.S. and handles all transactions in the U.S. stock market. DriveWealth is also regulated by FINRA and a member of SIPC.
Additionally, for the Brazilian market, we have the support of FRAM Capital, our compliance partner.
For money transactions, we are supported by FacilitaPay in Brazil and VestPay for Mexico and Nigeria. As you can see, it’s an operation that requires many partners and intermediaries, and at Vest, we work to ensure you can manage all your operations through one simple app.
To learn more about Vest, you can also check out the following articles: