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Racional vs Sarwa: fees, markets and protection

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Criterion	Racional	Sarwa
Rating	3.8/5 on other platforms 2.3K ratings	4.6/5 on other platforms 5.3K ratings
Regulators	CMF (Chile)	FSRA (ADGM)
Minimum deposit	CLP 5,000	$500
Markets	US exchanges (NYSE, Nasdaq), Santiago Stock Exchange (Bolsa de Santiago)	US exchanges (NYSE, Nasdaq)
Products	stocks, ETFs, fractional shares	stocks, ETFs, fractional shares
US stock or ETF order	$0 per order	0.25% of the order, minimum $1
Currency conversion fee	0.99%	—
Investor protection	SIPC	—
Deposits and withdrawals	Khipu, Bank transfer	Bank transfer
Available only in	Chile	—
Founded	2018	—
Headquarters	Chile	—
	Read review	Read review

What is the minimum deposit at Racional and Sarwa?

Racional: CLP 5,000. Sarwa: $500.

Which regulators license Racional and Sarwa?

Racional is licensed by CMF (Chile); Sarwa by FSRA (ADGM).