Online brokers compared for fees, trading platforms, safety and more. See how SoFi Invest stacks up against Swissquote!
Last update of data—Dec 2022
SoFi Invest is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Swissquote is a Swiss online broker with a banking license. It is listed on the Swiss stock exchange and regulated by several authorities globally, including the top-tier UK FCA.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
Recommended for affluent investors who value safety and are OK with higher fees.
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.
Swissquote
Swissquote is a Swiss online broker with a banking license. It is listed on the Swiss stock exchange and regulated by several authorities globally, including the top-tier UK FCA.
Recommended for affluent investors who value safety and are OK with higher fees.
SoFi Invest's service is on par with Swissquote's and a comparison of their fees shows that SoFi Invest's fees are much lower than Swissquote's.
Account opening takes about the same effort at SoFi Invest compared to Swissquote, deposit and withdrawal processes are more complicated at SoFi Invest, while customer service quality is lower than Swissquote's.
Our experts rated the trading platform of SoFi Invest as being of the same quality as the platform of Swissquote, found that clients have access to much less markets and products with SoFi Invest, while Swissquote provides better 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.