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SoFi Invest vs Coinbase

SoFi Invest is a commission-free stock trading app for beginners new to investing. How does it compare to Coinbase? Read our comparison chart below.

 SoFi Invest
 Learn MoreLearn More
 

SoFi Invest

Coinbase

SPECIAL OFFER
Active Investing with SoFi - Learn More

Read SoFi Invest Review

SPECIAL OFFER
Earn $5 in bitcoin on your first trade on Coinbase - Learn More

Read Coinbase Review

 

Benefits and Features

Stock Trading
$0
No
Options Trading$0 ($5 exercise/assignment fee)
No
Annual Fee
None
None
Cryptocurrency Trading 
Check
Minimum Deposit
$0
$2
Commission Free ETFsAll U.S. listed ETFs 
Phone Support
Check
 
Live Chat Support
Check
 
Maintenance Fee
$0
 
Mobile App 
Yes
Two-Factor Authentication 
SMS or Google Authenticator
Customer Service
  • Monday to Thursday from 5am to 7pm Pacific
  • Friday to Sunday from 5am to 5pm Pacific
 
Virtual Trading
No
 
 

CreditDonkey® Reviews

 SoFi Invest
Minimum DepositStarStarStarStarStar
PriceStarStarStarStarHalf Star
Customer ServiceStarStarStarEmpty StarEmpty Star
Cryptocurrency TradingStarStarStarStarStar
Crypto LoansStarEmpty StarEmpty StarEmpty StarEmpty Star
Mobile AppStarStarStarStarStar
Commissions and FeesStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarStar
ResearchStarStarStarStarStar
SafetyStarStarStarStarHalf Star
Pros & ConsPros:
  • Commission-free trades
  • $0 account minimum
  • No management fees
Cons:
  • No tax loss harvesting
  • Limited customer service
  • No options trading, mutual funds, or bonds
Pros:
  • Simple interface for beginners
  • over 250 supported coins
  • Earn cryptos by learning
Cons:
  • Expensive and complex trading fee structure
  • Only email support
Bottom LineCommission-free stock trading app for beginners new to investing... Read full reviewGood beginner-friendly exchange with relatively high fees... Read full review

Active Investing with SoFi

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Coinbase: Pricing information from published website as of 04/13/2021.


Articles on SoFi Invest

SoFi Invest Review

Do you want the commission-free trades but need a little more guidance? Then SoFi Invest might be just what you need.

Articles on Coinbase

Coinbase Review

Coinbase is a digital currency exchange where you can buy and sell cryptocurrency. Find out if it's safe, and how it compares to other crypto exchanges.

Coinbase Alternatives

Coinbase is the most popular crypto exchange, but it's also expensive. See how it compares against alternatives like eToro, Gemini, and Robinhood.

Coinbase vs Robinhood

Investors new to crypto have no doubt heard of Robinhood and Coinbase. But which is better for crypto trading? Read on to learn the pros and cons of each.

Which Do You Think is Best?


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How to Invest in Cryptocurrency

How to Invest in Cryptocurrency

Interested in investing in cryptocurrency for the first time, but not quite sure how to go about it? Look no further than this helpful step-by-step guide.

About CreditDonkey
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