Robinhood vs SoFi Invest 2024
In this head to head comparison of Robinhood vs SoFi Invest, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
In this head to head comparison of Robinhood vs SoFi Invest, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
When it comes to choosing between Robinhood and SoFi Invest for your investment needs, there are several factors to consider. Robinhood stands out with its availability of crypto trading, offering 15 different coins, whereas SoFi Invest does not support crypto trading at all. Both platforms allow stock, options, and margin trading, as well as fractional shares and trading over-the-counter (OTC) stocks. However, if mutual fund investment is crucial for you, SoFi Invest offers that opportunity, while Robinhood does not. It's also worth noting that Robinhood and SoFi Invest both support traditional and Roth IRAs, but if you're looking for advisor services, SoFi Invest provides this feature, which Robinhood lacks. Overall, Robinhood is rated slightly higher with 3.5 stars compared to SoFi's 3 stars for investment options.
Both Robinhood and SoFi Invest cater to a range of investment types, including stock and options trading. They also both support margin trading and offer fractional shares, which can be especially appealing for those looking to start small. Regarding OTC stocks, neither platform leaves its users wanting as both offer access to these markets. Despite the competitive features, Robinhood does not offer mutual funds, a key area where SoFi Invest has the upper hand, expanding the diversity of its investment pool. Neither platform provides access to forex or futures trading, which might be a consideration for advanced traders.
In terms of crypto trading, Robinhood gives its users an advantage with access to 15 different coins, while SoFi Invest does not participate in this growing market trend. Retirement savers will find both platforms accommodating for traditional and Roth IRAs. However, if having professional advisor services is essential for your investment strategy, SoFi Invest provides this support, unlike Robinhood. According to StockBrokers.com, Robinhood is ranked 14th out of 18 brokers for investment options, slightly ahead of SoFi Invest, which holds the 16th spot. Ultimately, the choice between Robinhood and SoFi Invest may come down to specific investment needs, particularly in the areas of crypto availability, mutual funds, and advisor support.
Feature |
Robinhood
|
SoFi Invest
|
---|---|---|
Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | Yes | Yes |
OTC Stocks | Yes | Yes |
Mutual Funds | No | Yes |
Options Trading | Yes | Yes |
Futures Trading | No | No |
Crypto Trading | Yes | No |
Crypto Trading - Total Coins | 15 | 0 |
Investment Options |
Dive deeper: Best Options Trading Platforms & Brokers, 5 Best Futures Trading Platforms of 2024
When evaluating the trading platforms and tools offered by Robinhood and SoFi Invest, Robinhood slightly edges out with a rating of 3 stars compared to SoFi Invest's 2.5-star rating. Ranked #13 by StockBrokers.com among 18 brokers, Robinhood surpasses SoFi Invest, which sits at #15. However, both platforms provide basic features and limit advanced tools, suggesting they are geared more towards beginners and casual traders rather than seasoned investors seeking comprehensive analytical capabilities.
Neither Robinhood nor SoFi Invest offers a downloadable trading platform for Windows or Mac, reflecting their focus on accessibility via web browsers, which both platforms support. In terms of features for managing investments, neither offer paper trading, trading journals, or the ability to adjust open orders directly on charts, which might be considered significant limitations for those who favor precision and simulated trading practice. Both platforms' watch lists are restricted to three columns, suggesting a simplified approach to monitoring stocks.
Charting tools are limited on both platforms; however, Robinhood does provide a modest edge with six technical indicators, while SoFi Invest offers none. Yet, they both lack drawing tools and features such as the ability to annotate charts or incorporate index overlays, which are valuable for more detailed analysis. With only one customization field for SMA studies in Robinhood and none in SoFi Invest, neither platform supports custom study creation, limiting their attractiveness for technically driven traders. These factors culminate in both platforms being seen as viable options primarily for straightforward investing, lacking the depth for advanced trading requirements.
Feature |
Robinhood
|
SoFi Invest
|
---|---|---|
Web Trading Platform | Yes | Yes |
Desktop Trading Platform | No | No |
Desktop Platform (Mac) | No | No |
Paper Trading | No | No |
Watch Lists - Total Fields | 3 | 3 |
Charting - Indicators / Studies | 6 | 0 |
Charting - Drawing Tools | 0 | 0 |
Platforms & Tools |
Dive deeper: Best Stock Brokers for 2024, Best Paper Trading Platforms of 2024
When it comes to catering to beginner investors with educational tools, both Robinhood and SoFi Invest are commendable but distinct in their offerings. Robinhood provides education in stocks and options, making it an accessible platform for newcomers seeking basic knowledge in these areas. However, it falls short in offering education on ETFs, mutual funds, and bonds. Additionally, Robinhood doesn't provide educational videos, webinars, or the ability to track learning progress, limiting its breadth of resources for those eager to delve deeper into their investment journey. Despite these limitations, Robinhood still garners a respectable 3.5-star rating for education, securing the 10th position among 18 brokers reviewed by StockBrokers.com.
In contrast, SoFi Invest emerges as a more comprehensive educational platform for beginners. It covers a wider range of investment vehicles beyond Robinhood, including ETFs, mutual funds, and bonds, while also offering options education. One notable advantage of SoFi Invest is its inclusion of webinars, providing users an interactive learning experience. However, like Robinhood, it does not offer paper trading, educational videos, or quizzes, nor does it allow users to track their learning progress. Despite these missing features, SoFi Invest receives a higher rating of 4.5 stars for its educational offerings, positioning it at the 7th rank in the StockBrokers.com review of 18 brokers. This highlights SoFi Invest's strong commitment to investor education, providing a broader and more structured learning experience for new investors.
Feature |
Robinhood
|
SoFi Invest
|
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | No | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | No | Yes |
Education (Bonds) | No | Yes |
Paper Trading | No | No |
Videos | No | No |
Webinars | No | Yes |
Education |
Dive deeper: Best Stock Trading Platforms for Beginners of 2024
In the realm of online stock trading apps, Robinhood emerges as the superior choice over SoFi Invest, especially for mobile app functionalities. Rated at 4.5 stars and ranked #9 among competing brokers by StockBrokers.com, Robinhood offers an engaging user experience with robust features tailored for active traders. In contrast, SoFi Invest, with a 3-star rating and a #16 ranking, presents more limited capabilities, making it a less compelling option for those prioritizing flexibility and depth in mobile trading.
Both Robinhood and SoFi Invest provide iOS and Android apps, ensuring accessibility for a wide range of users. Notably, Robinhood extends its convenience with an Apple Watch app, enhancing on-the-go trading versatility, a feature absent in SoFi Invest’s offerings. Furthermore, Robinhood supports mobile after-hours trading and options trading, catering to diverse trading strategies; a stark advantage over SoFi Invest, which lacks these functionalities.
For traders focused on customization and real-time data, Robinhood again comes out ahead. It provides streaming quotes, stock alerts, and the ability to create and customize watch lists, features missing from SoFi Invest. While both platforms allow charting across multiple time frames, Robinhood also offers technical studies for deeper analysis, unlike SoFi Invest. Although neither platform supports features like streaming live TV or on-demand videos, Robinhood’s suite of tools still positions it as the more comprehensive choice for stock trading enthusiasts.
Feature |
Robinhood
|
SoFi Invest
|
---|---|---|
iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | No |
Stock Alerts | Yes | No |
Charting - After-Hours | Yes | No |
Charting - Technical Studies | 6 | 0 |
Mobile Trading Apps |
Dive deeper: Best Stock Trading Apps of 2024
When comparing Robinhood and SoFi Invest, both platforms offer competitive trading experiences with minimal to no costs for many standard services. Robinhood stands out for its zero-dollar minimum deposit and zero-cost trading on regular stocks, options contracts, IRAs, as well as offering no fees for IRA closures. Meanwhile, SoFi Invest requires a $5 minimum deposit and also provides $0 trading on regular stocks and options, but charges an IRA closure fee of $20. When it comes to margin trading, SoFi Invest offers a lower interest rate of 9.5% across all tiers, compared to Robinhood’s flat rate of 12% for balances below $100,000.
Both Robinhood and SoFi Invest charge $100 for Account Transfers (ACAT), whether partial or full. Robinhood maintains an edge with no fees for options exercise or assignment, while SoFi Invest imposes a $5 fee for both. These fee structures highlight Robinhood’s effort to minimize costs for investors engaged in more complex trading strategies, making it more appealing for options traders who want to keep overhead low.
Overall, choosing between Robinhood and SoFi Invest depends on the specific needs and priorities of an investor. Newcomers to trading or those who value minimal barrier-to-entry with no deposit and no trading fees might gravitate towards Robinhood. However, investors seeking lower margin rates might prefer SoFi Invest, despite its slightly higher fees for certain operations. Both platforms provide a range of strong features that cater to different types of investors, from beginners to more sophisticated traders.
Feature |
Robinhood
|
SoFi Invest
|
---|---|---|
Minimum Deposit | $0.00 | $5.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.00 | $0.00 |
Options Exercise Fee | $0.00 | $5.00 |
Options Assignment Fee | $0.00 | $5.00 |
IRA Annual Fee | $0.00 | $0.00 |
IRA Closure Fee | $0.00 | $20.00 |
Commissions & Fees |
Dive deeper: Best Brokers for Free Stock Trading of 2024
When evaluating the day trading capabilities of Robinhood and SoFi Invest, it becomes evident that both platforms have similarities that make them appealing for certain types of investors. Neither Robinhood nor SoFi Invest offers streaming time and sales for stocks or streaming live TV, which means day traders looking for real-time data will not find these features on either platform. In terms of direct market routing for stocks and ladder trading, both services fall short, lacking these advanced trading functionalities. This might influence the decision of traders who prioritize precise market entry points and strategic positioning.
Additionally, for traders who rely on trading hotkeys for keyboard trade entry or seek level 2 quotes, Robinhood and SoFi Invest do not provide these tools, potentially impacting the speed and efficiency of executing trades. Strategy backtesting, whether basic or advanced, is also absent from both platforms, limiting users' ability to test and refine trading strategies before going live in the market. Moreover, neither offers a short locator tool, which could deter those looking to view the real-time availability of shares for shorting. Lastly, the absence of order liquidity rebates means users miss out on potential cost benefits. As such, both Robinhood and SoFi Invest may be better suited for casual investors rather than active day traders seeking comprehensive and advanced trading features.
Feature |
Robinhood
|
SoFi Invest
|
---|---|---|
Streaming Time & Sales | No | No |
Streaming TV | No | No |
Direct Market Routing - Stocks | No | No |
Level 2 Quotes - Stocks | No | No |
Trade Ideas - Backtesting | No | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | No | No |
Dive deeper: Best Day Trading Platforms of 2024
When evaluating market research capabilities, Robinhood offers slightly more robust options compared to SoFi Invest. Both platforms present limited features, with Robinhood surpassing SoFi Invest in a few critical areas, such as offering research for stocks, ETFs, and Pink Sheets/OTCBB, none of which are available on SoFi Invest. However, neither platform supports research for mutual funds or bonds, environmental, social, and governance (ESG) considerations, social media sentiment data, nor provide downloadable PDF research reports or screeners for trade ideas. Overall, Robinhood is rated 2.5 stars for market research, compared to SoFi Invest's 2-star rating, according to StockBrokers.com.
Robinhood stands out with its capability to deliver stock and ETF research, catering to investors interested in these segments. Moreover, Robinhood also extends its market research to Pink Sheets/OTCBB, giving it a slight edge over SoFi Invest, which lacks research offerings across these categories altogether. In contrast, SoFi Invest provides a feature that Robinhood does not: the ability to view portfolio allocation by asset class—an essential tool for users focused on diversification and strategic asset management.
Despite Robinhood's slight advantages in stock, ETF, and Pink Sheets/OTCBB research, both platforms exhibit considerable gaps in comprehensive market research tools. Neither Robinhood nor SoFi Invest offers mutual funds research, bond research, advanced analytic tools like stock or ETF screeners, or ESG research. As a result, they land much lower in StockBrokers.com rankings, with Robinhood positioned at #14 and SoFi Invest at #18 out of 18 brokers. Both platforms may fall short for investors seeking in-depth market research and resources readily available through more established brokerages.
Feature |
Robinhood
|
SoFi Invest
|
---|---|---|
Research - Stocks | Yes | No |
Screener - Stocks | No | No |
Research - ETFs | Yes | No |
Screener - ETFs | No | No |
Research - Mutual Funds | No | No |
Screener - Mutual Funds | No | No |
Research - Bonds | No | No |
Screener - Bonds | No | No |
Research |
When comparing the banking capabilities of online brokers, Robinhood and SoFi Invest each present distinct options. SoFi Invest stands out with a more comprehensive suite of banking services, including checking and savings accounts, credit cards, and mortgage loans. In contrast, Robinhood's offerings are limited to providing a debit card, lacking the broader banking capabilities such as checking accounts, savings accounts, and credit cards available through SoFi Invest. However, neither platform offers certificates of deposit (CDs), leaving that aspect equal. Ultimately, for users seeking robust banking services alongside investment options, SoFi Invest may offer a more versatile solution compared to Robinhood.
Feature |
Robinhood
|
SoFi Invest
|
---|---|---|
Checking Accounts | No | Yes |
Savings Accounts | No | Yes |
Debit Cards | Yes | Yes |
Credit Cards | No | Yes |
Mortgage Loans | No | Yes |
CDs | No | No |
Dive deeper: Best Bank Brokerages of 2024
After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Robinhood is better than SoFi Invest. Robinhood finished with an overall score of 84.5%, while SoFi Invest finished with a score of 73.7%.
Robinhood is very easy to use and its educational content is a joy to read. But, in today’s competitive market for your investing dollars, there are several more compelling options among brokerages.
When comparing the crypto trading offerings of online brokers, Robinhood provides access to 15 different cryptocurrencies, while SoFi Invest currently does not support any crypto trading.
Dive deeper: Best Crypto Trading Platforms of 2024
Both Robinhood and SoFi Invest offer traditional and Roth IRA accounts with no annual fees, but while Robinhood charges no closure fee for IRA accounts, SoFi Invest imposes a $20 closure fee.
Dive deeper: Best IRA Accounts of 2024
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0 of 5Overall Rating | Robinhood | SoFi Invest | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Customer Service | N/A | ||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Robinhood Review | SoFi Invest Review |
Broker Screenshots | Robinhood | SoFi Invest | |
---|---|---|---|
Trading Platform & Tools Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Mobile Trading Apps Gallery (click to expand) | |||
Education Gallery (click to expand) |
Trading Fees | Robinhood | SoFi Invest | |
---|---|---|---|
Minimum Deposit | $0.00 | $5.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | N/A | N/A | |
Mutual Fund Trade Fee | N/A | $0 | |
Options (Per Contract) | $0.00 | $0.00 | |
Futures (Per Contract) | (Not offered) | $0.00 | |
Broker Assisted Trade Fee | N/A | N/A |
Margin Rates | Robinhood | SoFi Invest | |
---|---|---|---|
Margin Rate Under $25,000 | 12% | 9.5% | |
Margin Rate $25,000 to $49,999.99 | 12% | 9.5% | |
Margin Rate $50,000 to $99,999.99 | 12% | 9.5% | |
Margin Rate $100,000 to $249,999.99 | 12% | 9.5% | |
Margin Rate $250,000 to $499,999.99 | 12% | 9.5% | |
Margin Rate $500,000 to $999,999.99 | 12% | 9.5% | |
Margin Rate Above $1,000,000 | 12% | 9.5% |
Account Fees | Robinhood | SoFi Invest | |
---|---|---|---|
IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $20.00 | |
Account Transfer Out (Partial) | $100.00 | $100.00 | |
Account Transfer Out (Full) | $100.00 | $100.00 | |
Options Exercise Fee | $0.00 | $5.00 | |
Options Assignment Fee | $0.00 | $5.00 |
Investment Options | Robinhood | SoFi Invest | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | Yes | |
Fractional Shares | Yes | Yes | |
OTC Stocks | Yes | Yes | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 0 | |
Futures Trading | No | No | |
Forex Trading | No | No | |
Crypto Trading | Yes | No | |
Crypto Trading - Total Coins | 15 | 0 | |
Mutual Funds (No Load) | 0 | 0 | |
Mutual Funds (Total) | 0 | 6000 | |
Bonds (US Treasury) | No | No | |
Bonds (Corporate) | No | No | |
Bonds (Municipal) | No | No | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | No | Yes | |
International Countries (Stocks) | 0 | 0 |
Order Types | Robinhood | SoFi Invest | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | Yes | |
Order Type - After Hours | Yes | Yes | |
Order Type - Stop | Yes | No | |
Order Type - Trailing Stop | Yes | No | |
Order Type - OCO | No | No | |
Order Type - OTO | No | No | |
Order Type - Broker Assisted | No | No |
Beginners | Robinhood | SoFi Invest | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | No | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | No | Yes | |
Education (Bonds) | No | Yes | |
Education (Retirement) | No | Yes | |
Retirement Calculator | No | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | No | No | |
Videos | No | No | |
Webinars | No | Yes | |
Webinars (Archived) | No | Yes | |
Progress Tracking | No | No | |
Interactive Learning - Quizzes | No | No |
Stock Trading Apps | Robinhood | SoFi Invest | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | No | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | Yes | |
Trading - Simple Options | Yes | No | |
Trading - Complex Options | Yes | No | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | No |
Stock App Features | Robinhood | SoFi Invest | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | No | No | |
Videos on Demand | No | No | |
Stock Alerts | Yes | No | |
Option Chains Viewable | Yes | No | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | No | |
Watch Lists - Create & Manage | Yes | No | |
Watch Lists - Column Customization | Yes | No |
Stock App Charting | Robinhood | SoFi Invest | |
---|---|---|---|
Charting - After-Hours | Yes | No | |
Charting - Can Turn Horizontally | No | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 6 | 0 | |
Charting - Study Customizations | Yes | No | |
Charting - Stock Comparisons | No | No |
Trading Platforms | Robinhood | SoFi Invest | |
---|---|---|---|
Active Trading Platform | N/A | ||
Desktop Trading Platform | No | No | |
Desktop Platform (Mac) | No | No | |
Web Trading Platform | Yes | Yes | |
Paper Trading | No | No | |
Trade Journal | No | No | |
Watch Lists - Total Fields | 3 | 3 |
Stock Chart Features | Robinhood | SoFi Invest | |
---|---|---|---|
Charting - Adjust Trades on Chart | No | No | |
Charting - Indicators / Studies | 6 | 0 | |
Charting - Drawing Tools | 0 | 0 | |
Charting - Notes | No | No | |
Charting - Index Overlays | No | No | |
Charting - Historical Trades | No | No | |
Charting - Corporate Events | No | No | |
Charting - Custom Date Range | No | No | |
Charting - Custom Time Bars | No | No | |
Charting - Automated Analysis | No | No | |
Charting - Save Profiles | No | No | |
Trade Ideas - Technical Analysis | No | No | |
Charting - Study Customizations | 1 | 0 | |
Charting - Custom Studies | No | No |
Day Trading | Robinhood | SoFi Invest | |
---|---|---|---|
Streaming Time & Sales | No | No | |
Streaming TV | No | No | |
Direct Market Routing - Stocks | No | No | |
Ladder Trading | No | No | |
Trade Hotkeys | No | No | |
Level 2 Quotes - Stocks | No | No | |
Trade Ideas - Backtesting | No | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | No | No | |
Order Liquidity Rebates | No | No |
Research Overview | Robinhood | SoFi Invest | |
---|---|---|---|
Research - Stocks | Yes | No | |
Research - ETFs | Yes | No | |
Research - Mutual Funds | No | No | |
Research - Pink Sheets / OTCBB | Yes | No | |
Research - Bonds | No | No | |
Screener - Stocks | No | No | |
Screener - ETFs | No | No | |
Screener - Mutual Funds | No | No | |
Screener - Bonds | No | No | |
Misc - Portfolio Allocation | No | Yes |
Stock Research | Robinhood | SoFi Invest | |
---|---|---|---|
Stock Research - PDF Reports | 0 | 0 | |
Stock Research - Earnings | Yes | No | |
Stock Research - Insiders | No | No | |
Stock Research - Social | No | No | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | No | No | |
Stock Research - SEC Filings | No | No |
ETF Research | Robinhood | SoFi Invest | |
---|---|---|---|
ETFs - Strategy Overview | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | No | |
ETF Fund Facts - Expense Ratio | Yes | Yes | |
ETF Fund Facts - Net Assets | Yes | No | |
ETF Fund Facts - Total Holdings | Yes | No | |
ETFs - Top 10 Holdings | Yes | Yes | |
ETFs - Sector Exposure | Yes | No | |
ETFs - Risk Analysis | No | No | |
ETFs - Ratings | No | No | |
ETFs - Morningstar StyleMap | No | No | |
ETFs - PDF Reports | No | No |
Mutual Fund Research | Robinhood | SoFi Invest | |
---|---|---|---|
Mutual Funds - Strategy Overview | No | No | |
Mutual Funds - Performance Chart | No | No | |
Mutual Funds - Performance Analysis | No | No | |
Mutual Funds - Prospectus | No | No | |
Mutual Funds - 3rd Party Ratings | No | No | |
Mutual Funds - Fees Breakdown | No | No | |
Mutual Funds - Top 10 Holdings | No | No | |
Mutual Funds - Asset Allocation | No | No | |
Mutual Funds - Sector Allocation | No | No | |
Mutual Funds - Country Allocation | No | No | |
Mutual Funds - StyleMap | No | No |
Options Trading | Robinhood | SoFi Invest | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | No | No | |
Option Chains - Streaming | Yes | No | |
Option Chains - Total Columns | 17 | 0 | |
Option Chains - Greeks | 5 | 0 | |
Option Chains - Quick Analysis | Yes | No | |
Option Analysis - P&L Charts | Yes | No | |
Option Probability Analysis | No | No | |
Option Probability Analysis Adv | No | No | |
Option Positions - Greeks | Yes | No | |
Option Positions - Greeks Streaming | Yes | No | |
Option Positions - Adv Analysis | No | No | |
Option Positions - Rolling | Yes | No | |
Option Positions - Grouping | Yes | No |
Banking | Robinhood | SoFi Invest | |
---|---|---|---|
Bank (Member FDIC) | No | Yes | |
Checking Accounts | No | Yes | |
Savings Accounts | No | Yes | |
Credit Cards | No | Yes | |
Debit Cards | Yes | Yes | |
Mortgage Loans | No | Yes |
Customer Service | Robinhood | SoFi Invest | |
---|---|---|---|
Phone Support (Prospect Customers) | No | Yes | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | No | |
Live Chat (Prospect Customers) | No | Yes | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | Yes | No |
Overall | Robinhood | SoFi Invest | |
---|---|---|---|
Overall | |||
Commissions & Fees | |||
Investment Options | |||
Platforms & Tools | |||
Mobile Trading Apps | |||
Research | |||
Education | |||
Ease Of Use | |||
Winner | check_circle | ||
Review | Robinhood Review | SoFi Invest Review |