Compare Barclays vs SoFi Invest


Online brokers compared for fees, trading platforms, safety and more. See how Barclays stacks up against SoFi Invest!

Barclays vs SoFi Invest
overall rating
4.3
4.4
overall pros
  • Low fees
  • Solid company background
  • Great fundamental research
  • Free stocks and ETFs
  • Fast and fully digital account opening
  • Great customer support
overall cons
  • Limited to UK products
  • Current bank account is needed for mobile platform
  • Slow customer support
  • Available only for US clients
  • Limited product portfolio
  • Basic research tools
fees
4.4
  • Low stock, ETF, fund, and bond fees
  • No withdrawal fee
  • No inactivity fee
  • Volume-based monthly customer fee
5.0
  • Free stocks and ETFs
  • No withdrawal fee
  • No inactivity fee
account opening
3.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Account opening only for UK residents
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients
deposit and withdrawal
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Missing electronic wallets
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High fee for wire withdrawals
web trading platform
3.4
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
3.2
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Limited customizability (for charts, workspace)
  • Limited order types
  • No unique price alerts
mobile trading platform
4.5
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Limited order types
  • No unique price alerts
desktop trading platform
markets and products
1.4
  • Stock
  • ETF
  • Fund
  • Bond
1.7
  • Stock
  • ETF
  • Crypto
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
2.0
  • User-friendly
  • Limited interactive charting
  • Limited fundamental data
customer service
2.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
  • Slow support
4.3
  • Live chat
  • Fast response time
  • Relevant answers
  • No 24/7 support
education
1.5
  • Educational videos
  • Quality educational articles
  • No demo account
  • No trading platform tutorial videos
  • No webinars
1.5
  • Articles on SoFi blog
  • No demo account
  • No trading platform tutorial videos
  • No webinars
  • High level of investor protection
  • Banking background
  • All clients belong to a top-tier financial authority
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Long-term investors looking for a broker with low fees and solid background Beginners and investors looking for zero-commission trading, focusing on the US market
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