Online brokers compared for fees, trading platforms, safety and more. See how moomoo stacks up against SoFi Invest!
Last update of data—Dec 2021
MooMoo is a US-based zero-commission broker. It is overseen by the SEC and FINRA, both of which are top-tier regulators.
SoFi Invest is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Recommended for investors and traders looking for zero-commission trading and focusing on US markets..
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
moomoo
MooMoo is a US-based zero-commission broker. It is overseen by the SEC and FINRA, both of which are top-tier regulators.
Recommended for investors and traders looking for zero-commission trading and focusing on US markets..
SoFi Invest
SoFi Invest is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
moomoo's service is on par with SoFi Invest's and a comparison of their fees shows that moomoo's fees are similar to SoFi Invest's.
Account opening takes about the same effort at moomoo compared to SoFi Invest, deposit and withdrawal processes are about the same quality at moomoo, while customer service quality is somewhat better than SoFi Invest's.
Our experts rated the trading platform of moomoo as being of the same quality as the platform of SoFi Invest, found that clients have access to about the same number of markets and products with moomoo, while SoFi Invest provides much less useful research and education.
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.
Brokers displayed might not be available in United States.