revisa24
LATAM BrokerAccepts Panama residents

Hapi in Panama: 2026 review

The US stocks broker built for Latin Americans

Verified Apr 28, 2026· source: official broker site

Revisa24 score

7.8/10

Good

Minimum deposit

$1

EUR/USD spread

N/A

In short

7.8

The only broker headquartered in Panama: USD account, no conversion, S&P 500 access from $1.

Key facts

Conditions published by the broker, checked on its official site.

  • Regulation
    Value
    SEC
  • Headquarters
    Value
    Panama City, Panama
  • Founded
    Value
    2019
  • Minimum deposit
    Value
    $1
  • EUR/USD spread
    Value
    N/A
  • Leverage
    Value
    1:1
  • Fees from
    Value
    Sin comisión
  • Real shares
    Value
    Yes
  • Platforms
    Value
    Hapi App (iOS/Android)
  • Products
    Value
    US Stocks, US ETFs
  • Official site

Verified Apr 28, 2026· source: official broker site

Pros

  • Headquartered in Panama
  • From $1 no commission
  • Intuitive beginner app
  • Spanish support

Cons

  • US stocks only, no forex, no crypto
  • No advanced analysis tools
  • No leverage

Who it is for

Best for
Panamanians and Latin Americans starting to invest with little capital
Not recommended if
Active traders needing advanced tools or leverage

Ready to open an account at Hapi?

You open the account on the broker's official site. Before depositing, check which regulatory entity your account is opened under: the compensation fund depends on it.

Alternatives worth a look

The three highest-scored brokers besides this one.

eToro

Social TradingAccepts Panama
8.3

Very Good

Min. deposit
$50
EUR/USD spread
1.0 pip
Regulation
FCA, CySEC
  • Real stocks
  • MetaTrader
  • Spanish support

Frequently asked questions about Hapi

Is it safe to trade with Hapi from Panama?
Hapi is regulated by SEC and keeps client funds in segregated accounts. Whether a compensation fund applies depends on the entity your account is opened under (FSCS for FCA, ICF for CySEC, SIPC for US entities).
What is the minimum deposit at Hapi?
The minimum deposit at Hapi is $1.
Does Hapi offer real shares?
Yes. Hapi lets you buy real shares and ETFs, so you own the asset and receive dividends.
Do I pay tax in Panama on profits with Hapi?
Not on foreign-source gains: Panama's territorial system (Art. 694 of the Fiscal Code) leaves income earned on foreign markets outside ISR. US dividends still carry 30% US withholding at source. Ask a tax adviser about your case.