SoFi Invest Review 2026
SoFi offers a stock trading platform as part of its all-in-one financial app. The service includes commission-free trading, access to fractional shares, and a mix of both automated and self-directed investing options. It’s designed for people who want to manage their money, investments, and retirement in one place.
Overview
SoFi Invest includes multiple account types and features under one roof. Users can choose to manage their own investments or take a more hands-off approach using automated tools. Stock and ETF trades can be made without commissions, and fractional share investing is available starting at $5. The app also provides access to upcoming IPOs, retirement accounts, and support from financial planners.
Pros
- Commission-free stock and ETF trading
- Fractional shares available
- Includes robo-advisor and retirement accounts
- No minimum to start with Active Investing
- Access to IPO investing
Cons
- Limited to the SoFi ecosystem
- Some features may require additional verification or upgrades
- Limited advanced trading tools compared to other platforms
Highlights
- Commission-free trades on stocks and ETFs
- Fractional share investing with as little as $5
- Choice between active and automated investing
- Retirement accounts (Traditional, Roth, SEP IRAs)
- Access to new IPOs at offering price
- Option to schedule financial planning sessions
How SoFi Works
Users can sign up through the SoFi app or desktop site. After choosing between Active or Automated Investing, they complete a brief setup process. Active Investing lets users pick their own stocks or ETFs to buy and sell directly. Robo Investing uses a short questionnaire to build a diversified portfolio based on the user’s goals and risk tolerance. Retirement accounts and automated rebalancing are also available.
Stock Trading Options
SoFi supports trading of individual stocks and ETFs. Fractional shares allow users to purchase smaller portions of more expensive stocks. IPO access lets eligible users invest in select offerings before they trade on public markets. Automated portfolios can include a mix of ETFs based on preset strategies.
Interface
The app is designed to be easy to navigate. It consolidates investing, banking, and planning tools in one platform. Beginners can browse investment categories, search for stocks, and place trades with a few taps. More experienced users have access to stock details, order types, and basic performance tracking tools.
Payment Styles
Users can fund their SoFi account using bank transfers. There is no minimum to get started with Active Investing, and only $50 is required for Robo Investing. Withdrawals and deposits can be managed directly in the app. Additional features, like recurring deposits or account transfers, are also available.
Conclusion
SoFi offers a stock trading experience suited for users who want a simplified way to manage their investments. It combines several financial services into one app and supports both self-directed and automated investing. While it may not have advanced tools for active traders, its ease of use and broad features make SoFi a practical option for everyday investors.
Disclaimers
SoFi:
The probability of a member receiving $3,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotionupon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts.
Available to SoFi Invest members from August 18 -August 31, 2026. All eligible members receive a 1% Match on cash deposits intonon-retirement SoFi Invest accounts; SoFi Plus members receive a 2% Match. SoFi Plus members must be subscribed at the time of deposit and keep the deposited funds in the account for five (5)years to retain the full 2% Match. Non SoFi Plus members must keep the deposited funds in the account for five (5) years to retain the full 1% match. Restrictions apply. Match may be taxable.
Learn more about how comparestocktradingapps.com rankings are determined.
