SoFi Invest Logo
Our top alternative brokers to SoFi Invest
Robinhood
4.6
Visit broker
Fidelity
4.8
Our top alternative brokers to SoFi Invest
Robinhood
4.6
Visit broker
Fidelity
4.8
SoFi Invest Alternatives

The best alternatives to SoFi Invest are

  1. Robinhood - US zero-fee discount broker
  2. Fidelity - US stockbroker
  3. Chase You Invest - US-based discount broker
  4. Firstrade - US discount broker

Let's see in a bit more detail how the SoFi Invest alternatives compare to SoFi Invest and each other:

SoFi Invest alternatives comparison
SoFi Invest Robinhood Fidelity Chase You Invest Firstrade
Overall score 4.4 4.6 4.8 4.5 4.5
Fees score 5.0 stars 4.9 stars 4.1 stars 4.8 stars 4.5 stars
Account opening score 4.4 stars 5.0 stars 2.9 stars 5.0 stars 4.4 stars
Deposit and withdrawal score 2.2 stars 2.8 stars 3.8 stars 2.2 stars 1.8 stars
Web platform score 3.2 stars 4.5 stars 4.5 stars 2.9 stars 4.3 stars
Markets and products score 1.7 stars 2.4 stars 3.9 stars 2.1 stars 2.8 stars
Visit broker Visit broker

Why are these brokers considered good alternatives to SoFi Invest? There are many areas based on which SoFi Invest can be compared with others. When we say a given online broker is a good alternative to SoFi Invest we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

SoFi Invest alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • SoFi Invest is recommended for beginners and investors looking for zero-commission trading, focusing on the us market
  • Robinhood is recommended for beginners and buy-and-hold investors focusing on the us stock market
  • Fidelity is recommended for investors and traders looking for solid research and great trading platforms
  • Chase You Invest is recommended for beginners and buy-and-hold investors focusing on the us stock market
  • Firstrade is recommended for beginners and investors looking for zero-commission trading, focusing on the us market

Important factors of finding SoFi Invest alternatives

So far BrokerChooser has reviewed 74 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether SoFi Invest or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. SoFi Invest is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost SoFi Invest alternative.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at SoFi Invest, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given SoFi Invest alternative is a must.


Now let's dive into the details of how SoFi Invest and its alternatives perform in the most important areas!

SoFi Invest alternatives
SoFi Invest

SoFi, short for "Social Finance", is a US-based fintech startup founded in 2011. It first specialized in student loan refinancing, but has expanded into the broker space since 2018. SoFi is regulated by the US Securities and Exchange Commission (SEC) and FINRA. SoFi Invest is SoFi's brand for zero-fee or discount brokerage services.

SoFi Invest offers active and automated investing services. The former means a self-directed account where you can trade stocks, ETFs, and cryptocurrencies on your own. By contrast, SoFi Invest automated investing is a robo-advisory service where SoFi Invest handles your investments. In this review, we tested SoFi Invest active investing. Click here for the SoFi robo-advisory review.

SoFi Invest is considered safe because it is regulated by top-tier financial authorities and provides up to $500,000 investor protection (including a $250,000 limit for cash) as part of the SIPC protection scheme.

Recommended for beginners and investors looking for zero-commission trading, focusing on the us market

Pros Cons
Free stocks and ETFs Available only for US clients
Fast and fully digital account opening Limited product portfolio
Great customer support Basic research tools

Fees
5.0

SoFi Invest has low trading and non-trading fees. It offers commission-free trades for US stocks and ETFs, and no fee is charged for inactivity or withdrawals.
Pros Cons
Free stocks and ETFs None
No withdrawal fee
No inactivity fee
SoFi Invest alternatives trading fees
SoFi Invest Robinhood Fidelity Chase You Invest Firstrade
US stock $0.0 $0.0 $0.0 $3.0 $0.0
UK stock - - $10.8 - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k

More

Account opening
4.4

Account opening at SoFi Invest is seamless and fully digital; our account was opened within a day. On the flip side, only US clients can open an account.
Pros Cons
Fast Only US clients
Fully digital
No minimum deposit
SoFi Invest alternatives minimum deposit and account open times
SoFi Invest Robinhood Fidelity Chase You Invest Firstrade
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1 day 1-3 days 1 day 1-3 days

Learn more about SoFi Invest minimum deposit here.

More

Deposit and withdrawal
2.2

SoFi Invest offers user-friendly and mostly free deposit and withdrawal options. However, you can use only bank transfers, while wire transfer withdrawals incur a high fee.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee High fee for wire withdrawals
User-friendly
SoFi Invest and alternatives withdrawal options and fees
SoFi Invest Robinhood Fidelity Chase You Invest Firstrade
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No Yes No No
Withdrawal fee $0 $0 $0 $0 $0

More

Web trading platform
3.2

SoFi Invest offers a user-friendly web trading platform with a neat design. However, it lacks customizability, unique price alerts, and many common order types.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Two-step (safer) login Limited order types
Modern design No unique price alerts
SoFi Invest - Web trading platform
SoFi Invest and alternatives trading platform scores
SoFi Invest Robinhood Fidelity Chase You Invest Firstrade
Web platform score 3.2 stars 4.5 stars 4.5 stars 2.9 stars 4.3 stars
Mobile platform score 4.5 stars 5.0 stars 4.5 stars 3.9 stars 3.3 stars
Desktop platform score - - 3.8 stars - -

Learn more about SoFi Invest's web trading platform in the detailed SoFi Invest review.

Markets and products
1.7

SoFi Invest has a limited product portfolio comprising US stocks and ETFs as well as a few cryptocurrencies. You can't trade funds, bonds, forex, options or futures.
SoFi Invest and alternatives markets and products
SoFi Invest Robinhood Fidelity Chase You Invest Firstrade
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex No No No No No
Fund No No Yes Yes Yes
Bond No No Yes Yes Yes
Options No Yes Yes Yes Yes
Futures No No No No No
CFD No No No No No
Crypto Yes Yes No No No

More

Verdict

SoFi Invest's fees are great. You can trade stocks and ETFs listed on major US markets for free. Account opening is easy, fully digital and fast. Customer service responds quickly and gives relevant answers.

SoFi Invest has some drawbacks though. It is available only for US clients. Its product portfolio is fairly limited, covering only US stocks, ETFs, and a few cryptocurrencies. Lastly, research tools are very basic.

As the account opening process is seamless and SoFi Invest offers commission-free stock and ETF trades, you should feel free to try it.

SoFi Invest
Summary SoFi Invest is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Fees score 5.0 stars
Recommended for Beginners and investors looking for zero-commission trading, focusing on the US market

More

SoFi Invest alternatives
Robinhood

Robinhood is a US zero-fee discount broker established in 2013. The company is regulated by top-tier financial authorities, such as the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Besides the brokerage service, Robinhood introduced a Cash Management service, which can earn interest on your uninvested amounts. It's a great and unique service. You can read more details here.

BrokerChooser is committed to bringing high transparency and clarity to our customers not just brokers, but also our partners: BrokerChooser's Advertiser Disclosure.

Recommended for beginners and buy-and-hold investors focusing on the us stock market

Pros Cons
Free US stock and ETF trading Limited product range
Great mobile and web trading platforms Weak customer support
Fast and fully digital account opening Few educational materials

Visit broker

Fees
4.9

Trading US stocks and ETFs is free at Robinhood. It's also great that Robinhood doesn't charge an inactivity or withdrawal fee.
Pros Cons
Commission-free US stock and ETF trading None
No fee for deposit or withdrawal
Transparent fee structure
SoFi Invest vs. Robinhood: Trading fees
Robinhood SoFi Invest
Apple benchmark fee $0.2 $0.2
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More

Account opening
5.0

Robinhood account opening is seamless, fully digital and can be completed within a day. On the negative side, only US clients can open an account and IRA accounts are not available.
Pros Cons
Fast Available only for US clients
Fully digital No IRA accounts offered
No minimum deposit
SoFi Invest vs. Robinhood: Minimum deposit, time to open an account
Robinhood SoFi Invest
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in Robinhood minimum deposit, this overview will help you.

Visit broker More

Deposit and withdrawal
2.8

Deposit and withdrawal at Robinhood are free and easy and you can use a great cash management service. On the other hand, you can use only bank transfer, and deposits above your 'instant' limit may take several business days.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Depositing larger amounts on Robinhood Gold takes longer
Cash management service Wire withdrawal is pricey
SoFi Invest vs. Robinhood: Withdrawal options
Robinhood SoFi Invest
Bank Transfer Yes Yes
Credit/Debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

Visit broker More

Web trading platform
4.5

Robinhood provides a safe, user-friendly and well-designed web trading platform. On the downside, customizability is limited.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of Robinhood, a SoFi Invest alternative
SoFi Invest vs. Robinhood: Trading platform scores
Robinhood SoFi Invest
Web platform score 4.5 stars 3.2 stars
Mobile platform score 5.0 stars 4.5 stars
Desktop platform score - -

Learn more about Robinhood's web trading platform in the detailed Robinhood review.

Visit broker

Markets and products
2.4

Robinhood's product portfolio is limited, as it offers only stocks, ETFs, options and cryptos. Furthermore, assets are limited mainly to US markets.
SoFi Invest vs. Robinhood: Markets and products
Robinhood SoFi Invest
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund No No
Bond No No
Options Yes No
Futures No No
CFD No No
Crypto Yes Yes

Visit broker More

Verdict

Robinhood fees are great. US stock trading is commission-free, and there is no withdrawal or inactivity fee. Robinhood has awesome, user-friendly mobile and web trading platforms. Account opening is easy, fully digital and fast.

Robinhood has some drawbacks though. Most of the products you can trade are limited to the US market. Customer support is weak; you can only reach them via e-mail and it can take some time to get an answer. It provides educational articles but little else to guide you through the world of trading.

If you want to trade US stocks for free and are looking for an easy-to-use platform, Robinhood is your best choice.

Robinhood
Summary Robinhood is a US-based zero-commission broker. It is overseen by FINRA, a top-tier regulator.
Fees score 4.9 stars
Recommended for Beginners and buy-and-hold investors focusing on the US stock market

Visit broker More

SoFi Invest alternatives
Fidelity

Fidelity is a US stockbroker founded in 1946. It is regulated by top-tier authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Fidelity is considered safe because it has a long track record and is regulated by top-tier financial authorities.

Recommended for investors and traders looking for solid research and great trading platforms

Pros Cons
Solid research tools Not fully digital account opening
Great web trading platform High mutual fund fees
US and international stocks High financing rates

Fees
4.1

Fidelity has low trading and non-trading fees, including commission-free stock trading. On the negative side, financing rates and fees for some mutual funds can be high.
Pros Cons
Low non-trading fees High fund fees
Free stock and ETF trading Higher fees for non-free mutual funds
Some mutual funds are free
SoFi Invest vs. Fidelity: Trading fees
Fidelity SoFi Invest
Apple benchmark fee $0.2 $0.2
Vodafone benchmark fee $22.1 -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

More

Account opening
2.9

Opening an account at Fidelity is easy but not fully digital, as you have to mail in a photocopy of your ID to complete your application.
Pros Cons
No minimum deposit Not fully digital
User-friendly
SoFi Invest vs. Fidelity: Minimum deposit, time to open an account
Fidelity SoFi Invest
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in Fidelity minimum deposit, this overview will help you.

More

Deposit and withdrawal
3.8

Fidelity offers an exceptionally wide range of base currencies. On the negative side, credit/debit cards are not accepted and there is a charge for wire withdrawals.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee $10 for outgoing wire transfers
Several account base currencies
SoFi Invest vs. Fidelity: Withdrawal options
Fidelity SoFi Invest
Bank Transfer Yes Yes
Credit/Debit card No No
Electronic wallets Yes No
Withdrawal fee $0 $0

More

Web trading platform
4.5

Fidelity's web platform is easy to use, has many order types and provides two-step authentication. On the negative side, it is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of Fidelity, a SoFi Invest alternative
SoFi Invest vs. Fidelity: Trading platform scores
Fidelity SoFi Invest
Web platform score 4.5 stars 3.2 stars
Mobile platform score 4.5 stars 4.5 stars
Desktop platform score 3.8 stars -

Learn more about Fidelity's web trading platform in the detailed Fidelity review.

Markets and products
3.9

Fidelity offers a lot of different trading products, from stocks to options, including international stocks. However, forex and futures trading is not available.
SoFi Invest vs. Fidelity: Markets and products
Fidelity SoFi Invest
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes No
Bond Yes No
Options Yes No
Futures No No
CFD No No
Crypto No Yes

More

Verdict

Fidelity is one of the biggest US stockbrokers and is regulated by top-tier authorities.

Fidelity's research is outstanding and covers many tools, including trading ideas and detailed fundamental data. The web trading platform is easy to use and offers advanced order types. The offered range of products includes international stock exchanges in addition to the US market, which is not common among US brokers.

Fidelity has some drawbacks, though. The account opening process is not fully digital and fees for mutual funds are quite high, as is the financing rate.

As it has great research tools and a user-friendly web trading platform, and charges no inactivity fee, feel free to try Fidelity's services.

Fidelity
Summary Fidelity is a US stockbroker. It is regulated by top-tier authorities the SEC and FINRA.
Fees score 4.1 stars
Recommended for Investors and traders looking for solid research and great trading platforms

More

SoFi Invest alternatives
Chase You Invest

Chase You Invest is a  US-based discount broker released in 2018 by J.P. Morgan. The parent company, J.P. Morgan founded in 1985, is a US investment bank and is also listed on the New York Stock Exchange. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Chase You Invest is considered safe because the parent company has a long track record, is listed on the stock exchange, has a banking background, discloses its financials regularly and is regulated by top-tier regulators.

Recommended for beginners and buy-and-hold investors focusing on the us stock market

Pros Cons
Low trading fees Available only for US clients
Fast and fully digital account opening Limited product portfolio
Strong parent company Basic research tools

Fees
4.8

Chase You Invest has low trading fees and low non-trading fees and you can also trade with mutual funds for free.
Pros Cons
Low trading fees None
Low non-trading fees
Low stock and ETF fees
SoFi Invest vs. Chase You Invest: Trading fees
Chase You Invest SoFi Invest
Apple benchmark fee $6.1 $0.2
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

More

Account opening
5.0

Account opening at Chase You Invest is seamless and fully digital, it took us one day to have an open account but only US clients are accepted.
Pros Cons
Fast Only for US clients
Fully digital
No minimum deposit
SoFi Invest vs. Chase You Invest: Minimum deposit, time to open an account
Chase You Invest SoFi Invest
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in Chase You Invest minimum deposit, this overview will help you.

More

Deposit and withdrawal
2.2

At Chase You Invest there is no deposit fee and transferring money is easy and user-friendly, but withdrawal can be improved. You can use only bank transfer and there is a high fee for wire withdrawals if you are a non-Chase client.
Pros Cons
No deposit fee Credit/Debit card not available
Quick deposit and withdrawal - within 3 days Only one account base currency
High wire withdrawal fee for non-Chase clients
SoFi Invest vs. Chase You Invest: Withdrawal options
Chase You Invest SoFi Invest
Bank Transfer Yes Yes
Credit/Debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

More

Web trading platform
2.9

Chase You Invest web trading platform is very easy-to-use and has a great search function. On the flip side two-step authentication, clear fee report and price alerts are missing.
Pros Cons
User-friendly No clear fee report available
Good search function No two-step (safer) login
Order confirmation Limited customizability (for charts, workspace)
Web trading platform of Chase You Invest, a SoFi Invest alternative
SoFi Invest vs. Chase You Invest: Trading platform scores
Chase You Invest SoFi Invest
Web platform score 2.9 stars 3.2 stars
Mobile platform score 3.9 stars 4.5 stars
Desktop platform score - -

Learn more about Chase You Invest's web trading platform in the detailed Chase You Invest review.

Markets and products
2.1

Chase You Invest has a limited product portfolio offering stocks, ETFs, funds and bonds. Unfortunately, the product portfolio covers only asset classes from the US market.
SoFi Invest vs. Chase You Invest: Markets and products
Chase You Invest SoFi Invest
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes No
Bond Yes No
Options Yes No
Futures No No
CFD No No
Crypto No Yes

More

Verdict

Chase You Invest fees are great. You can trade with mutual funds for free and as a new client you have 100 commission-free trades for US-based stock and ETF in the first year. The account opening is easy, fully digital, and fast. J.P. Morgan is Chase You Invest's strong parent company. It has a banking background and listed on the New York Stock Exchange.

Chase You Invest has some drawbacks though. It is available only for US clients. The product portfolio is limited, covering only US markets and the stock, ETF, bond, and fund asset classes. Lastly, the research tools are basic. 

Speaking of account opening, the process is seamless, and Chase You Invest offers commission-free mutual funds and 100 commission-free stock and ETF trades, feel free to try it.

Chase You Invest
Summary Chase You Invest is a brokerage solution offered by J.P. Morgan Securities LLC (a J.P. Morgan affiliate), regulated by top-tier US authorities the SEC and FINRA. J.P. Morgan is a NYSE-listed company with a banking background.
Fees score 4.8 stars
Recommended for Beginners and buy-and-hold investors focusing on the US stock market

More

SoFi Invest alternatives
Firstrade

Firstrade is a US discount stockbroker regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA). The company was founded in 1985 under the name of First Flushing Securities.

Firstrade is considered safe because it has a long track record and is regulated by top-tier regulators.

Recommended for beginners and investors looking for zero-commission trading, focusing on the us market

Pros Cons
Free stock, ETF, fund, and options trading No credit/debit cards and electronic wallets for money transfer
Solid research tools You can trade only on US markets
Quality educational tools No live chat and 24/7 availability

Visit broker

Fees
4.5

Firstrade has low fees. It offers free stock, ETF, funds, and options trading. The non-trading fees are low too. However, the margin rates are high.
Pros Cons
Low trading fees High margin rates
Low non-trading fees
Free stock, ETF, fund and options trading
SoFi Invest vs. Firstrade: Trading fees
Firstrade SoFi Invest
Apple benchmark fee $0.2 $0.2
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More

Account opening
4.4

The account opening is fully digital and user-friendly. Firstrade is available for US and some non-US customers. On the flip side during the test we experienced a slower account opening, that took almost 3 business days.
Pros Cons
Fully digital Slow account verification
No minimum deposit
Low minimum deposit
SoFi Invest vs. Firstrade: Minimum deposit, time to open an account
Firstrade SoFi Invest
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in Firstrade minimum deposit, this overview will help you.

Visit broker More

Deposit and withdrawal
1.8

We liked a lot Firstrade's user-friendly deposit and withdrawal process. There is no deposit fee and transferring money is easy. At the same time, there is still room for improvement. You can use only bank transfer and a high fee is charged for wire transfer withdrawals.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High outgoing wire transfer fee
SoFi Invest vs. Firstrade: Withdrawal options
Firstrade SoFi Invest
Bank Transfer Yes Yes
Credit/Debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

Visit broker More

Web trading platform
4.3

During our testing, we found Firstrade's web platform is simple and easy to use. If you are a beginner, then you can easily navigate it. On the negative side, it lacks a two-step login and the customizability is limited.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report
Good search function
Web trading platform of Firstrade, a SoFi Invest alternative
SoFi Invest vs. Firstrade: Trading platform scores
Firstrade SoFi Invest
Web platform score 4.3 stars 3.2 stars
Mobile platform score 3.3 stars 4.5 stars
Desktop platform score - -

Learn more about Firstrade's web trading platform in the detailed Firstrade review.

Visit broker

Markets and products
2.8

Firstrade offers a good variety of asset classes, from stocks to options. However, the offered products cover only the US market and you cannot trade with futures or forex.
SoFi Invest vs. Firstrade: Markets and products
Firstrade SoFi Invest
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes No
Bond Yes No
Options Yes No
Futures No No
CFD No No
Crypto No Yes

Visit broker More

Verdict

Firstrade is one of the biggest discount US stockbrokers regulated by top-tier regulators.

It offers free stock, ETF, mutual funds, and options trading. It doesn't charge inactivity and account fees and there are a lot of quality research and educational tools you can use.

To provide an unbiased picture we have to mention some drawbacks though. Firstrade doesn't provide credit/debit cards and electronic wallets for transferring money. Are you interested only in U.S. market products? If yes, then you will be delighted. Otherwise, you might find insufficient that the product portfolio covers only the US market. The customer service is only 24/5 and you can't contact them via live chat. 

As there are low fees and no inactivity fee is charged, feel free to try Firstrade.

Firstrade
Summary Firstrade is a US discount broker regulated by the top-tier SEC and FINRA.
Fees score 4.5 stars
Recommended for Beginners and investors looking for zero-commission trading, focusing on the US market

Visit broker More

SoFi Invest alternatives
Bottom line

Based on our analysis, there are several good alternatives to SoFi Invest. They all offer similar products and target similar customers. Here's a recap of the results in a table.

SoFi Invest alternatives
Broker Info Recommended for
SoFi Invest US discount broker Beginners and investors looking for zero-commission trading, focusing on the US market
Robinhood US zero-fee discount broker Beginners and buy-and-hold investors focusing on the US stock market
Fidelity US stockbroker Investors and traders looking for solid research and great trading platforms
Chase You Invest US-based discount broker Beginners and buy-and-hold investors focusing on the US stock market
Firstrade US discount broker Beginners and investors looking for zero-commission trading, focusing on the US market

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Share

Comments

×