Online brokers compared for fees, trading platforms, safety and more. See how SoFi Invest stacks up against Trading 212!
Last update of data—Dec 2021
SoFi Invest is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Trading 212 is a CFD broker regulated by the UK FCA, Bulgarian FSC, and Cypriot CySEC. Customers can invest in commission-free stock and ETF trading as well.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
Recommended for equity investors and CFD traders looking for easy-to-use trading platforms.
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.
Trading 212
Trading 212 is a CFD broker regulated by the UK FCA, Bulgarian FSC, and Cypriot CySEC. Customers can invest in commission-free stock and ETF trading as well.
Recommended for equity investors and CFD traders looking for easy-to-use trading platforms.
SoFi Invest's service is on par with Trading 212's and a comparison of their fees shows that SoFi Invest's fees are lower than Trading 212's.
Account opening takes about the same effort at SoFi Invest compared to Trading 212, deposit and withdrawal processes are more complicated at SoFi Invest, while customer service quality is somewhat lower than Trading 212's.
Our experts rated the trading platform of SoFi Invest as somewhat worse than the platform of Trading 212, found that clients have access to less markets and products with SoFi Invest, while Trading 212 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.