SoFi Invest is recommended for beginners and investors looking for zero commission trading for stocks, ETFs and fractional shares. It also offers cryptocurrency trading. SoFi, “Social Finance”, Invest brokerage is part of a SoFi corporation, a US-based fintech startup founded in 2011. Initially, it specialized in students loan refinancing, expanded in banking and then expanded into broker space. SoFi Invest offers active and automated investing services. SoFi Invest offers commission free US stock and ETF trading without withdrawal or inactivity fees. The account opening process is seamless, fully digital and very fast. Customer support representatives are knowledgeable and provide relevant and quick responses. See below for the reasons for choosing SoFi Invest.
- Commission free stock and ETF trades ($0 trading commission)
- Fast and fully digital account opening
- Great customer support
- Fractional shares trading available
- No account minimum
- Cryptocurrency trading
- Free financial counseling
- Robo-advisor using SoFi Automated Investing
- Online cash management account using SoFi Money
Therefore, SoFi Invest brokerage is squarely aimed at investors who prefer commission free trading for stocks, ETFs and fractional shares.
Referral Bonus: For each referee that signs up and funds an Active Investing account with $1,000 or more, referee get $50 in stock. Select the link referral link below.
SoFi Invest referral link: