SoFi Invest vs Robinhood

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

	SoFi Invest	Robinhood

	Learn More	Visit Site
	SPECIAL OFFER Active Investing with SoFi - Learn More Read SoFi Invest Review	OFFER Get a Free Stock (worth between $5 and $200) - Learn More Read Robinhood Review
	Benefits and Features
Stock Trading	$0	$0
Options Trading		$0
Annual Fee	None	None
Cryptocurrency Trading
Minimum Deposit	$0	$0
Mutual Fund Trading		No
Commission Free ETFs	All U.S. listed ETFs	All U.S. listed ETFs
Phone Support		24/7
Live Chat Support		No
Email Support		Yes
Human Advisors		No
Robo Advisor		No
Assets Under Management		$80 Billion
Tax Loss Harvesting		No
Goal Tracker		No
Automatic Deposits		Yes
Broker Assisted Trades		Not available
Customer Service	Monday to Thursday from 5am to 7pm Pacific Friday to Sunday from 5am to 5pm Pacific
Good For		Beginners; Active traders
Inactivity Fee		$0
Maintenance Fee	$0	$0
Online Platform		Yes
iPhone App		Yes (4.2 stars, 4m ratings)
Android App		Yes (3.8 stars, 453k ratings)
Mobile App		Yes
Two-Factor Authentication		Yes
Locations		No
Online Community		No
Seminars		No
Virtual Trading		No
Fractional Shares		Yes
Taxable Accounts		Yes
401k Plans		No
IRA Accounts		Yes
Roth IRA Accounts		Yes
SEP IRA Accounts		No
Trust Accounts		No
529 Plans		No
	CreditDonkey® Reviews

Minimum Deposit
Price
Customer Service
Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Pros & Cons	Pros: 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: Commission-free trades No minimum Extended trading hours Cons: Limited research No mutual funds & bonds
Bottom Line	Commission-free stock trading app for beginners new to investing... Read full review	Free way to trade stocks with limited bells and whistles... Read full review
	Learn More	Visit Site
	Active Investing with SoFi	Get a Free Stock (worth between $5 and $200) Commission-Free Trades Commission-Free Options Investing
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Robinhood: Pricing information from published websites as of 04/18/2020.

Get a Free Stock (worth between $5 and $200)

Get a Free Stock

Commission-Free Trades

Get Deal

Trade stocks, funds, options, and cryptocurrencies

Commission-Free Options Investing

Get Deal

Robinhood offers commission-free and no monthly fee options trading.

Which is Better: SoFi Invest or Robinhood?

In short: Robinhood's customer service is noteworthy.

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 Robinhood

Robinhood

Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.

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Is Robinhood Safe

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