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SoFi vs Robinhood

SoFi is a personal loans with low APR and fees. Must have good credit to qualify. How does it compare to Robinhood? Read our comparison chart below.

 SoFiRobinhood
 Learn MoreVisit Site
 

SoFi

Robinhood

OFFER
Refinance Student Loans - Learn More

Read SoFi Review

OFFER
Get a Free Stock (worth between $5 and $200) - Learn More

Read Robinhood Review

 

Benefits and Features

Savings4.50% APY on savings balances with direct deposit or qualifying deposits (1.20% APY without) 
Stock Trading 
$0
Options Trading 
$0
CD
N/A
 
Checking
0.50% APY on checking balances
 
Mutual Fund Trading 
No
Banking Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
Mobile App
iOS & Android
iOS & Android
Forex Trading 
No
Futures Trading 
No
Customer ServiceChecking and Savings Support:
Phone: (855) 456-7634
Monday - Thursday: 5AM - 7PM PT
Friday - Sunday: 5AM - 5PM PT
24/7 online chat
Live Chat (24 hours via Robinhood app)
Phone: 650-761-7789 (available 24/7)
Email: support@robinhood.com
Locations
4 branch locations
No
 

CreditDonkey® Reviews

 SoFiRobinhood
FeesStarStarStarStarHalf Star
Interest RatesStarStarStarStarHalf Star
EligibilityStarStarHalf StarEmpty StarEmpty Star
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStar
ResearchStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Competitive, fixed rates
  • Low fees
  • No collateral
Cons:
  • Slower underwriting process
  • High standards for borrowers
Pros:
  • Commission-free trades
  • No minimum
  • Extended trading hours
Cons:
  • Limited research
  • No mutual funds & bonds
Bottom LinePersonal loans with low APR and fees. Must have good credit to qualify... Read full reviewFree way to trade stocks with limited bells and whistles... Read full review
 Learn MoreVisit 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 08/13/2024.

Robinhood

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

Robinhood

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.


Articles on SoFi

SoFi Reviews

SoFi offers unsecured personal loans if you need to borrow money ASAP. But is it legit (or not)? Learn how SoFi personal loans actually work.

SoFi Bank Review

Seeking high rates and a great digital banking experience? SoFi Bank offers solid accounts and a top-rated mobile app. Read on to know more.

SoFi Bank Locations

SoFi is an online bank offering checking and savings accounts. But does it have physical branches? Keep reading to find out.

SoFi High Yield Savings

Want a high APY and easy access to your money? Get the best of both worlds with SoFi's Checking and Savings account.

Articles on Robinhood

Robinhood Review

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

Looking for apps like Robinhood but with a twist? Find the best alternatives with superior features. Do better in online trading with these apps.

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?

Webull vs Fidelity

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?


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About CreditDonkey
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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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