> For the complete documentation index, see [llms.txt](https://support.backpack.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://support.backpack.exchange/backpack-securities.md).

# Backpack Securities

Backpack Securities lets you trade **real U.S.-listed stocks and ETFs**, as well as **Stock Perpetuals**, from the same Backpack account as your crypto — one portfolio, settled in USD, with no separate brokerage login.

**Stocks and Stock Perpetuals are different products.** When you buy a stock or ETF, you hold a real **security entitlement**, with the same private property rights you'd have holding shares at firms like Schwab, Fidelity, or Robinhood. **Stock Perpetuals are derivative contracts and do not provide ownership of the underlying stock.**

***

#### Start here

* [**Eligibility & Access**](/backpack-securities/eligibility-and-access.md) — who can use it, supported regions, and the one-time agreement before your first trade.
* [**Researching Stocks** ](/backpack-securities/researching-stocks.md)— browse the home page, search by ticker, and read a stock's detail page: chart, financials, news, and company info.
* [**Trading stocks and Stock perpetuals**](/backpack-securities/trading-stocks-and-stock-perpetuals.md) — the full trade flow, from picking a ticker to confirming your fill.
* [**Stock Trading Hours & Fees** ](/backpack-securities/stock-trading-hours-and-fees.md)— trading sessions, fractional-share rules, minimums, and fees for stocks, plus Stock Perpetual fee information.
* [**Your Holdings, Dividends & Corporate Actions**](/backpack-securities/your-holdings-dividends-and-corporate-actions.md) — how positions show in your portfolio, how you exit, and which shareholder features are still being worked on.
* [**Real Ownership & Legal Framework** ](/backpack-securities/real-ownership-and-legal-framework.md)— what you actually own: security entitlements, the regulated brokers behind Backpack Securities, custody, and asset protection.
* [**FAQ**](/backpack-securities/faqs.md) — quick answers to common questions, with links to the full guides.

{% hint style="info" %}
Backpack Securities is available to eligible users only. It isn't available in the United States, the United Kingdom, the United Arab Emirates, or Japan, and isn't offered on Backpack EU. See [Eligibility & Access](/backpack-securities/eligibility-and-access.md) for full eligibility details.
{% endhint %}


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