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.
 |  | |
| Learn More | Visit Site | |
SoFi Invest | Robinhood | |
|---|---|---|
Active Investing with SoFi - | Get a Free Stock (worth between $5 and $200) - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | $0 ($5 exercise/assignment fee) | |
| Annual Fee | ||
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Mutual Fund Trading | ||
| Commission Free ETFs | All U.S. listed ETFs | All U.S. listed ETFs |
| Phone Support |  | |
| Live Chat Support | | Available 24/7 (requires sign in) |
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Penny Stocks | ||
| Tax Loss Harvesting | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | ||
| Good For | ||
| Inactivity Fee | $25 per account for every 6 months of login inactivity | |
| Maintenance Fee | ||
| Online Platform | ||
| iPhone App | ||
| Android App | ||
| Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
| Mobile App | ||
| Desktop App | ||
| Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
| Forex Trading | ||
| Futures Trading | ||
| Bond Trading | ||
| CFD Trading | ||
| Currency Trading | ||
| Customer Service |
| Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com |
| Locations | ||
| Online Community | ||
| Seminars | ||
| Trading Platform | ||
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| | |
| Minimum Deposit |  | |
| Price |  | |
| Customer Service |  | |
| Stock Trading | | |
| Options Trading | | |
| Mobile App | | |
| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Commission-free stock trading app for beginners new to investing... | Free way to trade stocks with limited bells and whistles... |
| Learn More | Visit Site | |
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 01/25/2025. | ||
Buy and Sell Cryptocurrency
Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.
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.
Robinhood Alternatives
Robinhood is one of the top stock trading apps in the US, but it might not be for you. If you're looking for another broker to try, read on.
Is Robinhood Gold Worth It
Robinhood Gold's premium features can help you make the most of your money, but is it really time to upgrade? Read on to find out.
Robinhood Free Stock
Robinhood offers a promo to get up to $1,700 in your first year. But how does it work, and is it worth your time?
Robinhood 24/7 Trading
Unfortunately, Robinhood doesn't offer 24/7 trading. Luckily, it comes close: 24/5. Does it fit you and your trading style?
Robinhood vs Fidelity vs Vanguard
Robinhood, Fidelity, and Vanguard are great options if you're looking for an investment platform to grow your money. But which one is right for you?
Robinhood vs Public vs Webull
Robinhood, Public, and Webull are all great options for growing your money. But which one will suit you the most?
Fidelity vs Robinhood
Robinhood, Webull, Fidelity - three big investing platforms, but which is best for you? Find out in this detailed comparison guide.
Robinhood IRA Review
Robinhood offers some of the most unique IRAs on the market. But are they any good? Read on to find out.
Is Robinhood Safe
Are you worried about the safety of your investments? Let's examine the security features of Robinhood to determine if it's a reliable choice. Read on.
How Does Robinhood Make Money
Robinhood earns money through payment for order flow, interest rates, and subscriptions. Learn how these factors contribute to Robinhood's success.
Buy Bitcoin on Robinhood or Coinbase Pro
Robinhood and Coinbase Pro are two of the biggest names in retail investing and crypto trading. But which is best for buying Bitcoin?
Which Do You Think is Best?
You Might Also Like
Free Investing Apps
Want to invest but don't want to pay trading or subscription fees? Check out these free investing apps and start today.
Best Stock Buying Apps
The best investment apps let you trade stocks on the go, right from your phone. But which one is the best for you? Read on to find out.
Best Options Trading Platform
Not all options trading platforms are created equal. But which one is best for you? Read on to find out.
How to Get Free Stocks
Many apps and investing platforms give free stocks to beginners. Find the top bonus offers here.
Best Trading Platform for Beginners
Need help choosing a trading platform? Discover the 12 best for beginners in this comprehensive guide.
Best Ways to Invest $50,000
Have $50,000 to invest? Here are 10+ smart investment ideas to turn $50k into even bigger money.
Free Stock Trading App
Looking for the best stock trading apps for free? Elevate your investment game with these top choices.
Best Investment Apps for Beginners
Looking to start investing but are overwhelmed with the process? These low-cost, beginner-friendly apps can help you get started.
Best Investment Apps
There are a ton of investing apps to help you get started. But which ones will fit your investing style? Read on to find out.
Next Page: SoFi Invest Review
