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Passiv Review

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Should I use Passiv?

Free portfolio rebalancing software for self-directed investors - passiv.com

· 1 month ago

Buy if you're a Questrade client holding multiple ETFs — Elite is free and rebalancing becomes one-click. Skip it if you want investment advice, use an unsupported broker, or hold a single all-in-one fund.

Confidence

Medium. Based on 25+ public sources; official pages, four independent blog reviews, and Reddit threads. Trustpilot base is thin (2 reviews), so user sentiment leans on Reddit.

Ratings

  • Value for money
  • Ease of use
  • Feature depth
  • Support qualityOnly 2 Trustpilot reviews; insufficient evidence
  • Security posture

Pricing

$0

Free

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Free tierYes
EliteFree for Questrade clients

Best for

  • Questrade clients with multi-ETF portfolios
  • Canadian DIY index investors
  • Regular contributors who rebalance often

Not for

  • Investors wanting stock picks or advice — Passiv gives none
  • Traders on brokers Passiv doesn't support
  • Single all-in-one-ETF holders — a spreadsheet beats it
  • Anyone wanting a fully hands-off robo

Gotchas - check before you buy

medium

Elite is free only for Questrade clients; other brokers pay for it

medium

Guess: free tier is monitoring-only — actually executing trades likely requires paid Elite

medium

Requires API access to your brokerage; Reddit threads debate that risk

low

Tiny third-party review base makes support quality impossible to verify

Pros and cons

Pros

  • Free tier covers core portfolio rebalancing
  • Elite is free for all Questrade clients
  • Semi-automatic rebalancing works as a DIY robo-advisor alternative
  • Works with Questrade, Tradestation, and Alpaca
  • Official exclusive Questrade partnership since 2019

Cons

  • Doesn't pick investments — no advice, no robo features
  • Value hinges on Questrade; users question its usefulness elsewhere
  • Only 2 Trustpilot reviews — hard to independently vet
  • Semi-automatic: you still approve and submit trades yourself
  • Reddit threads document frustration and some user churn

Sources & method

- 13 sources - No known vulnerabilities found in the sources reviewed.

official x2review x8security x1news x2

Key stats

  • Value for money: 4/5

    Rating

  • $0

    Starting price

  • 13

    Sources

  • Analyzed

  • Value for money: 4/5. Free tier; Elite free for Questrade clients
  • Ease of use: 4/5. Praised as clean Questrade front-end
  • Feature depth: 3/5. Rebalancing only; no picks or advice
  • Support quality. Only 2 Trustpilot reviews; insufficient evidence
  • Security posture: 4/5. Publishes security page; no known incidents
  • Yes Free tier Core rebalancing tools free
  • $2.2M USD Funding Seed round, Oct 2022
  • 2 Trustpilot reviews Very thin third-party review base
  • 3+ Broker partners Questrade, Tradestation, Alpaca

Pricing

Free

$0

  • Track holdings vs target allocations
  • Basic rebalancing math

Elite

Free for Questrade clients

  • Semi-automatic rebalancing
  • Trade order execution

Security

No known vulnerabilities found in the sources reviewed.

What users say

Canadian DIY investors mostly like Passiv as a Questrade front-end for ETF rebalancing, but Reddit threads flag risk concerns, execution friction, and some users drifting away.

Alternatives

Compare Passiv with each alternative.

  • Portseido

    Better fit if dividend tracking matters more than rebalancing.

Companies that use it

  • Questrade
  • Tradestation
  • Alpaca
Full analysis

Based on 25+ public sources; official pages, four independent blog reviews, and Reddit threads. Trustpilot base is thin (2 reviews), so user sentiment leans on Reddit.

Solid free rebalancing for Questrade DIY investors; skip if you want advice, other brokers, or one-ETF simplicity.

Methodology

Based on 25+ public sources; official pages, four independent blog reviews, and Reddit threads. Trustpilot base is thin (2 reviews), so user sentiment leans on Reddit.

Read how a report is made.

Sources

  1. Passiv — Free Portfolio Rebalancing Softwarepassiv.com
    official
  2. Passiv Pricingpassiv.com
    official
  3. Passiv Security & Datapassiv.com
    security
  4. Questrade announces exclusive partnership with Passivglobenewswire.com
    news
  5. Passiv Closes $2.2 Million USD Seed Round (SnapTrade)fintechfutures.com
    news
  6. Passiv Review 2026 – Portfolio Management Toolmilliondollarjourney.com
    review
  7. Passiv Review: Semi-Automatic Rebalancingmaplemoney.com
    review
  8. Passiv Review: A DIY Alternative to Robo Advisorsgenymoney.ca
    review
  9. Passiv Review: A Robo in Your Pocketholypotato.net
    review
  10. Passiv Trustpilot reviewstrustpilot.com
    review
  11. Does anyone here (still) use Passiv for their Questrade?reddit.com
    review
  12. Passiv Elite free perk for Questrade clientsreddit.com
    review
  13. Is Passiv Too Risky?reddit.com
    review

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