Royal vs SoFi Invest compared

Your expert:
Krisztián Gátonyi
Your expert:
Adam Nasli
Royal
SoFi Invest
Key differences
  • Deposit and withdrawal score
    4.5
    /5
  • Research score
    4.5
    /5
  • Fees score
    2.1
    /5
  • Deposit and withdrawal score
    1.6
    /5
  • Research score
    2.0
    /5
  • Fees score
    4.4
    /5
Recommended for
  • Beginners
  • Equity
  • Forex
  • CFD
  • Beginners
  • Equity
  • Forex
  • CFD
Fees
Fees score
US stock fee
EURUSD spread
US index options fee
S&P 500 CFD spread
Withdrawal fee
Deposit fee
Inactivity fee
Safety
Top-tier regulators
Foundation date
Investor protection
Deposit and Withdrawal
Minimum deposit
Bank transfer for deposit
Bank transfer for withdrawal
Credit/debit for deposit
Credit/debit for withdrawal
PayPal for deposit
Wise for deposit
Revolut for deposit
Other electronic wallets
Platform and Experience
Mobile platform score
Web platform score
MT4 available
MT5 available
Customer service score
Account opening score

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.

Royal's service is slightly weaker than SoFi Invest's and a comparison of their fees shows that Royal's fees are higher than SoFi Invest's.

Account opening takes somewhat less effort at Royal compared to SoFi Invest, deposit and withdrawal processes are much more seamless at Royal, while customer service quality is lower than SoFi Invest's.

Our experts rated the trading platform of Royal as somewhat worse than the platform of SoFi Invest, found that clients have access to about the same number of markets and products with Royal, while SoFi Invest provides much less useful research and education.

Testimonials
What our users say about us

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"I just wanted to give you a big thanks! I really enjoyed your website, searching for the best broker for my wishes. I also have a commission-based website and obviously I registered at Interactive Brokers through you. Especially the easy to understand fees table was great! Thanks again, keep up the amazing work!"
Dion Rozema
Owner
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