Online brokers compared for fees, trading platforms, safety and more. See how Pepperstone stacks up against SoFi Invest!
Last update of data—Dec 2022
Pepperstone is a forex and CFD broker regulated by both the UK FCA and the ASIC in Australia.
SoFi Invest is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Recommended for forex traders looking for great account opening and customer service.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
Pepperstone
Pepperstone is a forex and CFD broker regulated by both the UK FCA and the ASIC in Australia.
Recommended for forex traders looking for great account opening and customer service.
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.
Pepperstone's service is on par with SoFi Invest's and a comparison of their fees shows that Pepperstone's fees are slightly higher than SoFi Invest's.
Account opening takes somewhat less effort at Pepperstone compared to SoFi Invest, deposit and withdrawal processes are more seamless at Pepperstone, while customer service quality is better than SoFi Invest's.
Our experts rated the trading platform of Pepperstone as somewhat worse than the platform of SoFi Invest, found that clients have access to about the same number of markets and products with Pepperstone, 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.