SoFi Invest
Webull
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Beginners and investors looking for zero-commission trading, focusing on the US market
Recommended for Investors and traders looking for zero-commission trading and easy platforms
Best broker for IPO
USA
USA, Hong Kong and Macao
Fees
Low trading and non-trading fees, free stock and ETF trading
Commission-free stock and ETF trading, low non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
1
Deposit type
Withdrawal type
Account opening
$0
$0
1-3 days
1 day
Proof of identity: SSN / passport / national ID card / driver's license / Proof of address
Proof of identity: SSN / passport / national ID card / driver's license/tax identification number
Trading platform
Markets and products
Research, education
Poor
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
$500,000 (securities up to $500,000, cash up to $250,000) for US customers, and HKD 500,000 for securities and HKD 0 for cash in Hong Kong and China
2011
2017
USA
USA, Hong Kong
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
SoFi Invest's service is on par with Webull's and a comparison of their fees shows that SoFi Invest's fees are similar to Webull's.
Account opening takes somewhat more effort at SoFi Invest compared to Webull, deposit and withdrawal processes are about the same quality at SoFi Invest, while customer service quality is similar to Webull's.
Our experts rated the trading platform of SoFi Invest as somewhat worse than the platform of Webull, found that clients have access to slightly less markets and products with SoFi Invest, while Webull provides excellent research and education.