Online brokers compared for fees, trading platforms, safety and more. See how SoFi Invest stacks up against Spreadex!
Last update of data—Dec 2022
SoFi Invest is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Spreadex is a UK CFD and Forex broker. It is regulated by FCA and is available globally for clients.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
Recommended for spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options.
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.
Spreadex
Spreadex is a UK CFD and Forex broker. It is regulated by FCA and is available globally for clients.
Recommended for spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options.
SoFi Invest's service is on par with Spreadex's and a comparison of their fees shows that SoFi Invest's fees are slightly lower than Spreadex's.
Account opening takes about the same effort at SoFi Invest compared to Spreadex, deposit and withdrawal processes are more complicated at SoFi Invest, while customer service quality is lower than Spreadex's.
Our experts rated the trading platform of SoFi Invest as somewhat worse than the platform of Spreadex, found that clients have access to slightly more markets and products with SoFi Invest, while Spreadex provides just about the same quality of research and education.
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Brokers displayed might not be available in United States.