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SoFi Invest Online Stock Broker Review

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Social Finance, Inc., known as SoFi, is an online lender that provides student loan refinancing, personal loans, mortgage loans, online trading, and wealth management services. Headquartered in California and founded in 2011, the company originally focused on student loan refinancing and has branched out into additional areas of personal finance, including self-directed and automated investment accounts.
 
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SoFi Company Overview:

SoFi is an online financial services company that offers a range of products, including stock trading, loans, and banking. Its investment platform provides commission-free trading of stocks, ETFs, cryptocurrencies, and access to automated investing. Additionally, SoFi integrates banking and investing services, allowing seamless management of personal finances within the app.

Account Minimum & Fees:

SoFi has no account minimums and offers commission-free trading for stocks and ETFs. It charges a 1.25% fee for cryptocurrency transactions and no management fees for its automated investing service.

Tradable Securities:

Stocks, ETFs, Cryptocurrency, and provides access to IPOs.

 

 

Not Supported:

Options, mutual funds and bonds.

 

 

 

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Our Partner

Get Up to $3,000 in Stock when you Open & Fund a New Active Invest Account*🏆

  • Get a 1% Match When you Transfer your Retirement Investments to SoFi IRA
  • 1% Match on recurring deposits, paid in rewards points with a SoFi Plus membership
  • Buy & sell stocks with no commissions*
  • Buy fractional shares starting at $5*

INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BACK GUARANTEED • MAY LOSE VALUE

 

 

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