Compare SoFi Invest vs Vantage FX


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

SoFi Invest vs Vantage FX
overall rating
4.4
4.4
overall pros
  • Free stocks and ETFs
  • Fast and fully digital account opening
  • Great customer support
  • Low fees
  • Super fast account opening
  • Seamless deposit and withdrawal
overall cons
  • Available only for US clients
  • Limited product portfolio
  • Basic research tools
  • Limited product selection
  • Customer service could be improved
  • No investor protection
fees
5.0
  • Free stocks and ETFs
  • No withdrawal fee
  • No inactivity fee
4.2
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee
  • High financing rate
  • High stock CFD fees
account opening
4.4
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High fee for wire withdrawals
4.5
  • Credit/Debit card available
  • No deposit fee
  • Quick deposit and withdrawal
  • International bank withdrawals (after the first one in each month) have a high fee
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
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
4.5
  • User-friendly
  • Two-step (safer) login
  • Modern design
  • Limited order types
  • No unique price alerts
3.8
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
  • No Touch/Face ID login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
markets and products
1.9
  • Stock
  • ETF
  • Crypto
1.6
  • Forex
  • CFD
  • Crypto
research
2.0
  • User-friendly
  • Limited interactive charting
  • Limited fundamental data
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • Most tools are available only with $1,000 minimum account balance
customer service
4.0
  • Live chat
  • Fast response time
  • Relevant answers
  • No 24/7 support
2.8
  • Live chat available
  • Relevant answers on the phone
  • No 24/7 support
  • Mediocre email support
education
1.5
  • Articles on SoFi blog
  • No demo account
  • No trading platform tutorial videos
  • No webinars
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • 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
  • Negative balance protection
  • No investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Beginners and investors looking for zero-commission trading, focusing on the US market Forex and CFD traders familiar with the MetaTrader trading platforms
×