Compare SoFi Invest vs Trading 212


Online brokers compared for fees, trading platforms, safety and more. See how SoFi Invest stacks up against Trading 212!

SoFi Invest vs Trading 212
overall rating
4.4
4.3
overall pros
  • Free stocks and ETFs
  • Fast and fully digital account opening
  • Great customer support
  • Real stocks and ETFs are commission-free
  • Quick and easy account opening
  • Great trading platforms
overall cons
  • Available only for US clients
  • Limited product portfolio
  • Basic research tools
  • Limited product portfolio
  • Missing phone and live chat support
  • High forex fee
fees
5.0
  • Free stocks and ETFs
  • No withdrawal fee
  • No inactivity fee
3.4
  • Free stock and ETF trading
  • Low CFD fees
  • No withdrawal and inactivity fee
  • High forex fees
  • High financing rate
account opening
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients
4.5
  • Fast
  • Fully digital
  • No minimum deposit
  • Problems with verification
deposit and withdrawal
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High fee for wire withdrawals
4.3
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few base currencies available in each country
web trading platform
3.2
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Limited customizability (for charts, workspace)
  • Limited order types
  • No unique price alerts
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
mobile trading platform
4.5
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Limited order types
  • No unique price alerts
4.9
  • User-friendly
  • Good search function
  • Price alerts
desktop trading platform
markets and products
1.9
  • Stock
  • ETF
  • Crypto
3.9
  • Stock
  • ETF
  • Forex
  • CFD
research
2.0
  • User-friendly
  • Limited interactive charting
  • Limited fundamental data
2.8
  • Good interactive chart
  • User-friendly
  • No fundamental data available
  • No/poor quality news flow
customer service
4.0
  • Live chat
  • Fast response time
  • Relevant answers
  • No 24/7 support
1.0
  • Relevant answers
  • 24/7 availability
  • No live chat
  • No Phone support
education
1.5
  • Articles on SoFi blog
  • No demo account
  • No trading platform tutorial videos
  • No webinars
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Beginners and investors looking for zero-commission trading, focusing on the US market Active CFD and FX traders and investors looking for intuitive trading platforms
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