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Tradier vs Sofi Invest 2022

StockBrokers.com

Written by StockBrokers.com

November 02, 2022

Is Tradier better than Sofi Invest? After testing 15 of the best online brokers over six months, E*TRADE (92.52%) is better than Tradier (70.58%). Founded in 1982 as one of the first online brokerages in the United States, E*TRADE highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform, which is great for beginners, active trading and options trading.

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Overall RatingTradierSofi InvestE*TRADE
Overall4 Stars3.5 Stars5 Stars
Commissions & Fees4.5 Stars4.5 Stars4.5 Stars
Investment Options3.5 Stars2 Stars5 Stars
Platforms & Tools3 Stars1.5 Stars4.5 Stars
Mobile Trading Apps4 Stars3.5 Stars5 Stars
Research2.5 Stars2 Stars4.5 Stars
Customer Service3.5 Stars4 Stars4.5 Stars
Education3 Stars3 Stars4.5 Stars
Ease Of Use4.5 Stars4 Stars5 Stars
Winnercheck_circle
ReviewTradier ReviewSofi Invest ReviewE*TRADE Review
Trading FeesTradierSofi InvestE*TRADE
Minimum Deposit$0.00$5.00$0.00
Stock Trades$0.00$0.00$0.00
Penny Stock Fees (OTCCB)N/AN/A$6.95
Mutual Fund Trade Fee$30$0$19.99
Options (Base Fee)$0.00$0.00$0.00
Options (Per Contract)$0.00$0.00$0.65
Futures (Per Contract)$0.00$0.00$1.50
Broker Assisted Trade Fee10$0$25
Margin RatesTradierSofi InvestE*TRADE
Margin Rate Under $24,999.998.00%5.25%11.95%
Margin Rate $25,000.00 to $49,999.998.00%5.25%11.45%
Margin Rate $50,000.00 to $99,999.998.00%5.25%10.95%
Margin Rate $100,000.00 to $249,999.998.00%5.25%10.45%
Margin Rate $250,000.00 to $499,999.998.00%5.25%9.95%
Margin Rate $500,000.00 to $999,999.998.00%5.25%9.45%
Margin Rate Above $1,000,000.008.00%5.25%8.45%
Account FeesTradierSofi InvestE*TRADE
IRA Annual Fee$30.00$0.00$0.00
IRA Closure Fee$60.00$20.00$0.00
Account Transfer Out (Partial)$75.00$75.00$25.00
Account Transfer Out (Full)$75.00$75.00$75.00
Options Exercise Fee$9.00N/A$0.00
Options Assignment Fee$9.00$0.00$0.00
Investment OptionsTradierSofi InvestE*TRADE
Stock TradingYesYesYes
Margin TradingYesYesYes
Fractional SharesNoYesNo
OTCBB / Pink SheetsNoYesYes
Options TradingYesNoYes
Complex Options Max Legs404
Futures TradingNoNoYes
Forex TradingNoNoNo
Crypto TradingNoYesNo
Crypto Trading - Total Coins0300
Mutual Funds (No Load)006486
Mutual Funds (Total)007242
Bonds (US Treasury)NoNoYes
Bonds (Corporate)NoNoYes
Bonds (Municipal)NoNoYes
Advisor ServicesNoNoYes
International Countries (Stocks)000
Order TypesTradierSofi InvestE*TRADE
Order Type - MarketYesYesYes
Order Type - LimitYesYesYes
Order Type - After HoursYesYesYes
Order Type - StopYesNoYes
Order Type - Trailing StopNoNoYes
Order Type - OCOYesNoYes
Order Type - OTOYesNoYes
Order Type - Broker AssistedYesNoYes
BeginnersTradierSofi InvestE*TRADE
Education (Stocks)NoYesYes
Education (ETFs)NoYesYes
Education (Options)NoYesYes
Education (Mutual Funds)NoYesYes
Education (Bonds)NoYesYes
Education (Retirement)NoYesYes
Retirement CalculatorNoNoYes
Investor DictionaryNoYesYes
Paper TradingYesNoYes
VideosNoNoYes
WebinarsNoYesYes
Webinars (Archived)NoYesYes
Progress TrackingNoNoNo
Interactive Learning - QuizzesNoNoYes
Stock Trading AppsTradierSofi InvestE*TRADE
iPhone AppYesYesYes
Android AppYesYesYes
Apple Watch AppNoNoYes
Trading - StocksYesYesYes
Trading - After-HoursYesYesYes
Trading - Simple OptionsYesNoYes
Trading - Complex OptionsYesNoYes
Order Ticket RT QuotesYesYesYes
Order Ticket SRT QuotesNoNoYes
Stock App FeaturesTradierSofi InvestE*TRADE
Market Movers (Top Gainers)YesYesYes
Stream Live TVNoNoYes
Videos on DemandNoNoNo
Stock AlertsNoNoYes
Option Chains ViewableYesNoYes
Watch List (Real-time)YesYesYes
Watch List (Streaming)YesNoYes
Watch Lists - Create & ManageYesNoYes
Watch Lists - Column CustomizationNoNoYes
Watch Lists - Total Fields15395
Stock App ChartingTradierSofi InvestE*TRADE
Charting - After-HoursNoNoYes
Charting - Can Turn HorizontallyNoNoYes
Charting - Multiple Time FramesYesYesYes
Charting - Technical Studies0010
Charting - Study CustomizationsNoNoYes
Charting - Stock ComparisonsNoNoYes
Trading PlatformsTradierSofi InvestE*TRADE
Active Trading PlatformTradeHawkN/APower E*TRADE
Desktop Trading PlatformYesNoNo
Desktop Platform (Mac)YesNoNo
Web Trading PlatformYesYesYes
Paper TradingYesNoYes
Trade JournalNoNoNo
Watch Lists - Total Fields15395
Stock Chart FeaturesTradierSofi InvestE*TRADE
Charting - Adjust Trades on ChartNoNoYes
Charting - Indicators / Studies950119
Charting - Drawing Tools0031
Charting - NotesYesNoYes
Charting - Index OverlaysNoNoYes
Charting - Historical TradesYesNoYes
Charting - Corporate EventsNoNoYes
Charting - Custom Date RangeNoNoYes
Charting - Custom Time BarsNoNoNo
Charting - Automated AnalysisNoNoYes
Charting - Save ProfilesNoNoYes
Trade Ideas - Technical AnalysisNoNoYes
Charting - Study Customizations706
Charting - Custom StudiesNoNoNo
Day TradingTradierSofi InvestE*TRADE
Streaming Time & SalesNoNoYes
Streaming TVNoNoYes
Direct Market Routing - StocksNoNoYes
Ladder TradingNoNoNo
Trade Hot KeysNoNoYes
Level 2 Quotes - StocksNoNoYes
Trade Ideas - BacktestingNoNoNo
Trade Ideas - Backtesting AdvNoNoNo
Short LocatorNoNoNo
Order Liquidity RebatesNoNoNo
Research OverviewTradierSofi InvestE*TRADE
Research - StocksYesNoYes
Research - ETFsYesNoYes
Research - Mutual FundsNoNoYes
Research - Pink Sheets / OTCBBNoNoYes
Research - BondsNoNoYes
Screener - StocksNoNoYes
Screener - ETFsNoNoYes
Screener - Mutual FundsNoNoYes
Screener - BondsNoNoYes
Misc - Portfolio AllocationNoYesYes
Stock ResearchTradierSofi InvestE*TRADE
Stock Research - PDF Reports006
Stock Research - EarningsNoNoYes
Stock Research - InsidersNoNoYes
Stock Research - SocialNoNoYes
Stock Research - NewsNoYesYes
Stock Research - ESGNoNoNo
Stock Research - SEC FilingsNoNoYes
ETF ResearchTradierSofi InvestE*TRADE
ETFs - Strategy OverviewNoYesYes
ETF Fund Facts - Inception DateNoNoYes
ETF Fund Facts - Expense RatioNoYesYes
ETF Fund Facts - Net AssetsNoNoYes
ETF Fund Facts - Total HoldingsNoNoYes
ETFs - Top 10 HoldingsNoYesYes
ETFs - Sector ExposureNoNoYes
ETFs - Risk AnalysisNoNoYes
ETFs - RatingsNoNoYes
ETFs - Morningstar StyleMapNoNoYes
ETFs - PDF ReportsNoNoYes
Mutual Fund ResearchTradierSofi InvestE*TRADE
Mutual Funds - Strategy OverviewNoNoYes
Mutual Funds - Performance ChartNoNoNo
Mutual Funds - Performance AnalysisNoNoYes
Mutual Funds - ProspectusNoNoYes
Mutual Funds - 3rd Party RatingsNoNoYes
Mutual Funds - Fees BreakdownNoNoYes
Mutual Funds - Top 10 HoldingsNoNoYes
Mutual Funds - Asset AllocationNoNoYes
Mutual Funds - Sector AllocationNoNoYes
Mutual Funds - Country AllocationNoNoYes
Mutual Funds - StyleMapNoNoYes
Options TradingTradierSofi InvestE*TRADE
Option Chains - Basic ViewYesNoYes
Option Chains - Strategy ViewNoNoYes
Option Chains - StreamingYesNoYes
Option Chains - Total Columns8031
Option Chains - Greeks105
Option Chains - Quick AnalysisYesNoYes
Option Analysis - P&L ChartsNoNoYes
Option Probability AnalysisNoNoYes
Option Probability Analysis AdvNoNoYes
Option Positions - GreeksNoNoYes
Option Positions - Greeks StreamingNoNoYes
Option Positions - Adv AnalysisNoNoYes
Option Positions - RollingNoNoYes
Option Positions - GroupingNoNoYes
BankingTradierSofi InvestE*TRADE
Bank (Member FDIC)NoYesYes
Checking AccountsNoYesYes
Savings AccountsNoYesYes
Credit CardsNoYesYes
Debit CardsNoYesYes
Mortgage LoansNoYesYes
Customer ServiceTradierSofi InvestE*TRADE
Phone Support (Prospect Customers)YesYesYes
Phone Support (Current Customers)YesYesYes
Email SupportYesNoYes
Live Chat (Prospect Customers)NoYesNo
Live Chat (Current Customers)NoYesYes
24/7 SupportNoNoYes
OverallTradierSofi InvestE*TRADE
Overall4 Stars3.5 Stars5 Stars
Commissions & Fees4.5 Stars4.5 Stars4.5 Stars
Investment Options3.5 Stars2 Stars5 Stars
Platforms & Tools3 Stars1.5 Stars4.5 Stars
Mobile Trading Apps4 Stars3.5 Stars5 Stars
Research2.5 Stars2 Stars4.5 Stars
Education3 Stars3 Stars4.5 Stars
Ease Of Use4.5 Stars4 Stars5 Stars
Winnercheck_circle
ReviewTradier ReviewSofi Invest ReviewE*TRADE Review
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Tradier vs Sofi Invest Comparison

Comparing brokers side by side is no easy task. For our 2022 annual broker review, we spent hundreds of hours assessing 15 brokerages to find the best online broker. Let's compare Tradier vs Sofi Invest.

Is Tradier or Sofi Invest better for beginners?

E*TRADE offers more comprehensive new investor education for beginner investors than Sofi Invest. Tradier offers investors access to Paper Trading, while Sofi Invest offers investors access to Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement), neither have Videos.

What about Tradier vs Sofi Invest pricing?

Tradier and Sofi Invest charge the same amount for regular stock trades, $0.00. Tradier and Sofi Invest both charge $0.00 per option contract. For a complete commissions summary, see our best brokers for free stock trading guide.

Does Tradier or Sofi Invest offer a wider range of investment options?

Tradier offers investors access to Stock Trading, Options Trading and Mutual Funds, while Sofi Invest offers investors access to Stock Trading, Fractional Shares and OTCBB / Pink Sheets, neither have Futures Trading, Forex Trading and Advisor Services. Looking at Mutual Funds, Tradier and Sofi Invest both provide customers access to 0 no transaction fee (NTF) mutual funds.

Which trading platform is better: Tradier or Sofi Invest?

To compare the trading platforms of Tradier and Sofi Invest, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, E*TRADE offers a better experience. With research, E*TRADE offers superior market research. Finally, we found E*TRADE to provide better mobile trading apps.

Does either broker offer banking?

Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. neither of these are offered by Tradier while Sofi Invest offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.

Is Tradier good?

Tradier Brokerage is somewhat unusual among the brokers in our annual review: clearly aimed at the advanced trader, but one who is not interested in cryptocurrencies or futures trading. To get the most out of being a Tradier Brokerage client, investors must also be willing to pay for a premium platform.

Is Sofi Invest good?

SoFi Invest offers a wide range of services, including access to cryptocurrencies, IPOs and automated investing. It is relatively easy to use, and gets high marks for its mobile app. However, its lack of research, as well as its lagging education and trading tools, leave it a step behind industry leaders.

Tradier vs Sofi Invest Winner

Overall winner: E*TRADE

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