Robinhood vs SoFi Invest® 2025
In this head to head comparison of Robinhood vs SoFi Invest®, we will compare the trading platforms, mobile apps, range of investments, 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, range of investments, costs, market research, and more. Let's dive in.
When it comes to comparing online brokers, both Robinhood and SoFi Invest® have carved out their niches in the investment space. They share many similarities, with each offering stock trading, options trading, and the convenience of fractional shares. Both platforms provide access to traditional and Roth IRA accounts, catering to those planning for retirement. However, they differ in other offerings: Robinhood provides crypto trading with 22 available coins, while SoFi Invest® includes over-the-counter (OTC) stock trading and mutual funds in its repertoire. Despite these distinct features, both platforms earn a 3.5-star rating for their range of investments, reflecting their comprehensive yet balanced offerings in the industry.
Robinhood caters to the tech-savvy investor who’s keen on engaging in crypto trading while also interested in stock market activities. With its user-friendly interface, the platform is especially appealing to younger investors. However, it lacks access to OTC stocks and mutual funds, which are available through SoFi Invest®. SoFi Invest®, on the other hand, extends its services by providing access to advisor services, a feature unavailable with Robinhood, making it a considerable choice for investors seeking guidance or looking for a diversified portfolio with mutual funds and OTC stocks.
Despite Robinhood being ranked slightly higher by StockBrokers.com at #13 compared to SoFi Invest®'s #14 in terms of the range of investments, both brokers present solid options for different types of investors. Whether you're drawn to Robinhood's crypto offerings or SoFi Invest®'s more diversified traditional investments and advisory services, each platform has its own strengths tailored to varying investment needs and strategies.
Feature |
|
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Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | Yes | Yes |
OTC Stocks | No | Yes |
Mutual Funds | No | Yes |
Options Trading | Yes | Yes |
Futures Trading | No | No |
Crypto Trading | Yes | No |
Crypto Trading - Total Coins | 22 | 0 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
When choosing between Robinhood and SoFi Invest® for your trading needs, the platforms each offer different strengths. Robinhood stands out with a higher rating of 3.5 stars for trading platforms and tools, compared to SoFi Invest®'s 1.5 stars. This places Robinhood at 9th place among 16 brokers in a StockBrokers.com ranking, while SoFi Invest® lags behind at 16th place. Both platforms lack desktop download options but provide browser-based trading, yet Robinhood offers more comprehensive charting tools and options for users who prioritize advanced trading features.
Robinhood shines when it comes to chart-related functionalities, providing 16 technical indicators and 23 drawing tools. It allows users to make chart annotations, add index overlays, and adjust open orders directly on a stock chart. Furthermore, Robinhood enables customization of date ranges and saving multiple chart profiles, catering to users who value these capabilities in their trading experience. Conversely, SoFi Invest® falls short in these areas, with no technical indicators, drawing tools, or chart customization options, which limits its appeal to those seeking more sophisticated analytical capabilities.
Despite neither Robinhood nor SoFi Invest® supporting desktop applications or paper trading, Robinhood's capacity to meet the needs of more detail-oriented traders emerges as a key differentiator. It provides the necessary tools that enhance the trading experience by accommodating chart customizations and various analytical tools. On the other hand, SoFi Invest® may suit those who prefer simplicity but does not provide the same level of analytical depth or customization as Robinhood.
Feature |
|
![]() |
---|---|---|
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 | 16 | 0 |
Charting - Drawing Tools | 23 | 0 |
Platforms & Tools |
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Dive deeper: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
When comparing the educational offerings of Robinhood and SoFi Invest® for beginner investors, both platforms provide educational resources on stocks, ETFs, and options. However, SoFi Invest® extends its educational reach to mutual funds and bonds, unlike Robinhood. Both platforms offer webinars, but neither currently provides educational videos, quizzes, or the ability to track learning progress. Notably, neither Robinhood nor SoFi Invest® offers paper trading, which allows new investors to practice trading without risking real money.
In terms of educational ratings, SoFi Invest® slightly outpaces Robinhood with a 4.5-star rating compared to Robinhood's 4-star rating. According to StockBrokers.com rankings, SoFi Invest® also stands higher at #6 among 16 brokers for education, while Robinhood is ranked at #9. This suggests that while Robinhood offers a solid foundation for learning, SoFi Invest® provides a wider array of educational content, making it slightly more favorable for those beginning their investment journey.
Feature |
|
![]() |
---|---|---|
Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | No | Yes |
Education (Bonds) | No | Yes |
Paper Trading | No | No |
Videos | No | No |
Webinars | Yes | Yes |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
When comparing Robinhood and SoFi Invest® for their stock trading app capabilities, Robinhood emerges as the stronger choice for most users, particularly those interested in a range of features and greater flexibility. Rated 4.5 stars and ranked #7 out of 16 brokers by StockBrokers.com, Robinhood offers comprehensive tools like mobile after-hours trading, mobile options trading, and the ability to create and customize watch lists. SoFi Invest®, while user-friendly, scores 3.5 stars and holds the last place in the rankings, indicating a more basic set of features.
Both Robinhood and SoFi Invest® provide apps for iPhone and Android devices, allowing users to trade on the go. However, Robinhood extends its reach with an Apple Watch app, offering more versatility to tech-savvy users. Additionally, Robinhood offers stock alerts and streaming quotes, crucial for active traders seeking real-time updates. Neither platform provides streaming live TV or videos on demand, yet Robinhood compensates with enhanced charting options, unlike SoFi Invest® which lacks technical studies and after-hours charting capabilities.
Charting features further differentiate the two platforms, as Robinhood includes six technical studies and supports multiple time frames, although both apps fall short on landscape charting and stock comparison displays. Overall, Robinhood's offering appeals to those needing detailed analytics and around-the-clock trading access, while SoFi Invest® might cater to investors focused on fundamental investment without extensive technical analysis and trade flexibility.
Feature |
|
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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 |
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Dive deeper: Best Stock Trading Apps for 2025
When comparing Robinhood and SoFi Invest®, users will find that both platforms cater to budget-conscious investors with their zero-cost stock trades and options contracts. However, key differences emerge in their fee structures for other services and margin trading, which prospective users should carefully consider when making a choice between these two popular platforms.
Robinhood stands out with its fee-free structure for regular trading activities and ease of entry with no minimum deposit required. This platform is particularly appealing for traders interested in options trading without additional costs, given its zero options exercise and assignment fees. Additionally, Robinhood's margin interest rates are significantly more attractive, especially for balances over $50,000, with rates starting at 5.55%, making it a cost-effective choice for users engaged in margin trading.
Meanwhile, SoFi Invest® charges a modest $5.00 minimum deposit, making it slightly more expensive to start investing than Robinhood. Despite matching Robinhood in offering free stock trades, SoFi Invest® incurs a $5.00 fee for both options exercises and assignments. Users should also be aware of SoFi Invest®’s higher margin rates of 11.25% across all balance tiers below $100,000. However, SoFi Invest® does not charge for partial or full account transfers, aligning with Robinhood on these costs, but incurs a $20 fee for IRA closures. Each platform has its strengths, so choosing between them largely depends on individual investment strategies and priorities.
Feature |
|
![]() |
---|---|---|
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 |
Dive deeper: Best Free Trading Platforms for 2025
When comparing Robinhood and SoFi Invest® for day trading, both platforms have similar limitations in features that might be crucial for active traders. Neither offers streaming time and sales for stocks or live TV, which some traders rely on to make informed decisions. Both platforms also lack direct market routing, trading hotkeys for faster trade entry, and level 2 quotes, which are important for analyzing the depth of the market. Additionally, neither offers tools for basic or advanced strategy backtesting, making it challenging for traders looking to test their trading strategies before implementation.
However, there is a distinction between the two when it comes to ladder trading, a method used by more advanced traders to execute trades at multiple levels to manage risk. Robinhood supports ladder trading, whereas SoFi Invest® does not currently provide this feature. Both platforms fall short on other advanced trading tools such as a short locator for real-time share availability and order liquidity rebates. As a result, active day traders seeking comprehensive trading features may find both platforms lacking in these areas.
Feature |
|
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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 for 2025
When assessing market research capabilities, Robinhood stands out over SoFi Invest®. Robinhood provides a more comprehensive set of tools for investors who want to make informed decisions. Despite some limitations, Robinhood offers stock and ETFs research, Pink Sheets/OTCBB research, and a stock screener for trade ideas. In contrast, SoFi Invest® lacks these features, falling short in providing investors with the same level of market insight. Consequently, Robinhood is rated 2 stars out of 5 for market research while SoFi Invest® earns a modest 0.5 stars, according to StockBrokers.com.
When it comes to stock and ETFs research, Robinhood provides insights that SoFi Invest® does not. Robinhood allows users to delve into stock and ETF analyses, giving investors valuable data that can guide their trading decisions. Furthermore, Robinhood shines by offering Pink Sheets and OTCBB research, which helps users navigate less common investment options. SoFi Invest®, on the other hand, does not support research for individual stocks or ETFs, making it harder for users to dig deeper into these markets.
While both platforms have their limitations, such as no research offerings for mutual funds, bonds, ESG factors, or downloadable PDF research reports, Robinhood still manages to deliver a more comprehensive suite of research tools. Although neither platform supports viewing portfolio allocation by asset class through market research or social media sentiment data, Robinhood's additional features give it a distinctive edge. In turn, this edge is reflected in StockBrokers.com's ranking, where Robinhood places 10th out of 16 brokers, whereas SoFi Invest® lags behind in 16th place.
Feature |
|
![]() |
---|---|---|
Research - Stocks | Yes | No |
Screener - Stocks | Yes | 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 |
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When it comes to banking capabilities, Robinhood and SoFi Invest® offer different features for users looking to manage their finances beyond investing. While Robinhood does provide debit and credit cards, it does not offer checking or savings accounts, nor does it provide mortgage loans or Certificates of Deposit (CDs). On the other hand, SoFi Invest® not only offers debit and credit cards but also provides checking and savings accounts, alongside mortgage loan options. However, like Robinhood, SoFi Invest® does not offer CDs. Choosing between these platforms depends on which banking services are most important to you.
Feature |
|
![]() |
---|---|---|
Checking Accounts | No | Yes |
Savings Accounts | No | Yes |
Debit Cards | Yes | Yes |
Credit Cards | Yes | Yes |
Mortgage Loans | No | Yes |
CDs | No | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
After opening live accounts and testing 16 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 77.3%, while SoFi Invest® finished with a score of 64.6%.
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.
Robinhood outshines SoFi Invest® by offering crypto trading with access to 22 different coins, whereas SoFi Invest® currently does not provide any cryptocurrency trading options.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Both Robinhood and SoFi Invest® offer traditional and Roth IRA accounts with no annual fees, but while Robinhood has no closure fee for IRA accounts, SoFi Invest® charges a $20 closure fee.
Dive deeper: Best IRA Accounts for 2025
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0 of 5Overall Rating | Robinhood | SoFi Invest® | |
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Overall |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Customer Service | N/A |
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Education |
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Ease Of Use |
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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 | 5.75% | 11.25% | |
Margin Rate $25,000 to $49,999.99 | 5.75% | 11.25% | |
Margin Rate $50,000 to $99,999.99 | 5.55% | 11.25% | |
Margin Rate $100,000 to $249,999.99 | 5.25% | 11.25% | |
Margin Rate $250,000 to $499,999.99 | 5.25% | 11.25% | |
Margin Rate $500,000 to $999,999.99 | 5.25% | 11.25% | |
Margin Rate Above $1,000,000 | 5% | 11.25% |
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 | No | 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 | 22 | 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) | Yes | 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 | Yes | 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 | Robinhood Legend | 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 | Yes | No | |
Charting - Indicators / Studies | 16 | 0 | |
Charting - Drawing Tools | 23 | 0 | |
Charting - Notes | Yes | No | |
Charting - Index Overlays | Yes | No | |
Charting - Historical Trades | No | No | |
Charting - Corporate Events | No | No | |
Charting - Custom Date Range | Yes | No | |
Charting - Custom Time Bars | Yes | No | |
Charting - Automated Analysis | No | No | |
Charting - Save Profiles | Yes | 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 | Yes | 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 | Yes | 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 | Yes | 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 | Yes | 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® | |
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Overall |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Robinhood Review | SoFi Invest® Review |