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SoFi Invest vs Webull

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

 SoFi InvestWebull
 Learn MoreVisit Site
 

SoFi Invest

Webull

SPECIAL OFFER
Active Investing with SoFi - Learn More

Read SoFi Invest Review

SPECIAL OFFER
20 Free Fractional Shares - Learn More

Read Webull Review

 

Benefits and Features

Stock Trading
$0
$0
Options Trading$0 ($5 exercise/assignment fee)
$0
Annual Fee
None
None
Cryptocurrency Trading 
Yes (Webull Pay App)
Minimum Deposit
$0
$0
Mutual Fund Trading 
No
Commission Free ETFsAll U.S. listed ETFs
Over 3,300 ETFs
Phone Support
Check
24/7
Live Chat Support
Check
None
Email Support Yes (customerservices@webull.us)
Human Advisors 
No
Robo Advisor 
Yes
Assets Under Management 
$15.7 Million
Penny Stocks 
Yes
Tax Loss Harvesting 
No
Goal Tracker 
No
Automatic Deposits 
Yes
Broker Assisted Trades 
Not available
Good For Experienced investors; Active traders
Inactivity Fee 
$0
Maintenance Fee
$0
$0
Online Platform 
Yes
iPhone App Yes (4.7 stars, 296.2k ratings)
Android App 
Yes (4.3 stars, 188K ratings)
Banking 
No
Mobile App 
Yes
Desktop App 
Yes
Two-Factor Authentication 
Mobile Only
Forex Trading 
No
Futures Trading 
No
Bond Trading 
No
CFD Trading 
No
Currency Trading 
No
Customer Service
  • Monday to Thursday from 5am to 7pm Pacific
  • Friday to Sunday from 5am to 5pm Pacific
24/7 via phone and email
Locations 
Online only
Online Community 
Yes
Seminars 
Yes
Trading Platform Desktop, Web Trading, Mobile Apps
Virtual Trading
No
Yes. Free paper trading account with unlimited fake money
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

 SoFi InvestWebull
Minimum DepositStarStarStarStarStar
PriceStarStarStarStarHalf Star
Customer ServiceStarStarStarEmpty StarEmpty Star
Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarHalf Star
Mobile AppStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarStar
Ease of UseStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarEmpty 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:
  • No trade fees
  • Advanced research tools
  • Extended trading hours
  • Offers fractional shares
Cons:
  • Not beginner friendly
Bottom LineCommission-free stock trading app for beginners new to investing... Read full reviewGood free trading app for more experienced investors... Read full review
 Learn MoreVisit Site

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.

Webull

20 Free Fractional Shares

Get Free Fractional Shares
Expires 12/2/2024

Open a new Webull individual brokerage account. Make a single initial deposit of $500 - $1,999.99 during the promotional period to get 20 fractional shares, each valued between $3 - $3,000. Maintain a balance of $500 - $1,999.99 in the account for 30 days or more. Terms and conditions apply.

Webull

40 Free Fractional Shares

Get Free Fractional Shares
Expires 12/2/2024

Open a new Webull individual brokerage account. Make a single initial deposit of $2,000 or more during the promotional period to get 40 fractional shares, each valued between $3 - $3,000. Maintain a balance of at least $2,000 in the account for 30 days or more. Terms and conditions apply.

Webull

Up to $100 Transfer Fee Reimbursement

Get Deal

Transfer fees of up to $100 will be reimbursed when you make an initial transfer of $2,000 or more.

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 Webull

Webull Review

Webull offers $0 trades for stocks, ETFs, and options. But it's not perfect. Find out if Webull fits your investing needs.

Is Webull Safe

Webull is one of the most popular apps for investing. But is it safe? Keep reading to see how it protects your money.

Which Do You Think is Best?

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