Compare Fineco Bank vs SoFi Invest


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

Fineco Bank vs SoFi Invest
overall rating
4.6
4.4
overall pros
  • Low non-trading fees
  • Great mobile trading platform
  • Rock-solid background
  • Free stocks and ETFs
  • Fast and fully digital account opening
  • Great customer support
overall cons
  • Only bank transfer for deposit
  • Limited educational tools
  • Poor charting tools
  • Available only for US clients
  • Limited product portfolio
  • Basic research tools
fees
3.4
  • Low non-trading fees
  • Low stock and ETF fees
  • Low fund fees
  • High forex and options fees
  • High fees for CFD overnight positions
5.0
  • Free stocks and ETFs
  • No withdrawal fee
  • No inactivity fee
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Slightly slow account verification
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients
deposit and withdrawal
3.3
  • No deposit fee
  • Several account base currencies
  • Free withdrawal in most cases
  • Credit/Debit card deposit not possible
  • Electronic wallets not accepted
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High fee for wire withdrawals
web trading platform
4.3
  • Good search function
  • Good variety of order types
  • Modern design
  • 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
4.7
  • User-friendly
  • Good search function
  • Modern design
4.5
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Limited order types
  • No unique price alerts
desktop trading platform
2.7
  • Good customizability (for charts, workspace)
  • Good search function
  • Not user-friendly
  • No clear fee report available
markets and products
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
1.7
  • Stock
  • ETF
  • Crypto
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Great screeners
  • Limited interactive charting
2.0
  • User-friendly
  • Limited interactive charting
  • Limited fundamental data
customer service
4.0
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
4.0
  • Live chat
  • Fast response time
  • Relevant answers
  • No 24/7 support
education
3.0
  • Educational videos
  • Webinars
  • No demo account
1.5
  • Articles on SoFi blog
  • No demo account
  • No trading platform tutorial videos
  • No webinars
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • 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 Traders and investors looking for a great trading platform and a broker with a solid background Beginners and investors looking for zero-commission trading, focusing on the US market
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