Existing SoFi members who want to consolidate banking, loans, and investing in one app.
Serious investors who need advanced research tools or the lowest expense ratios.
SoFi Invest is best understood as part of the broader SoFi financial ecosystem. If you already use SoFi for banking, student loans, or personal loans, adding SoFi Invest makes your financial life more integrated. As a standalone brokerage, it lacks the research tools and investment selection of Fidelity or Schwab. Best for beginners who want simplicity over sophistication.
SoFi Invest charges $0 commissions on stock and ETF trades, which is now the industry standard. $0 is the commission rate for standard trades. Always check the full fee schedule for options, mutual funds, and margin rates before opening an account.
SoFi Invest offers access to stocks, ETFs, and options. The breadth of investment selection varies — see the key stats above for specifics. Before choosing a brokerage, confirm it offers the investment types you plan to use.
The SoFi Invest platform has a rating of 4.4/5.0 for mobile app quality. The platform is functional but basic — adequate for most investors.
Customer service is rated 4.0/5.0. Support is available via phone and chat during business hours.
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WiseIQ evaluates brokerages across 6 categories: commissions and fees, investment selection, research and tools, mobile app, customer service, and ease of use. Ratings are based on hands-on testing, fee schedule analysis, and comparison with industry peers. Updated April 2026.
Ready to go deeper than SoFi's built-in tools? SoFi Invest is a great starting point, but as your portfolio grows, you'll want institutional-quality research. Stock Analysis Premium gives you full financial statements, advanced stock screeners with 100+ filters, ETF analysis, and insider transaction data — everything you need to make informed decisions before you invest. At $149/year (or ~$134 with code WISEIQ), it's the most affordable premium research platform available.
Start Researching Smarter → Use code WISEIQ for 10% off PremiumMost common complaint type: Managing an account. Data sourced from the CFPB Consumer Complaint Database. Complaint rate calculated using publicly available complaint counts and estimated customer base from company filings. A lower rate indicates fewer complaints relative to customer volume.