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Tradier vs SoFi Invest® 2025

StockBrokers.com

Written by StockBrokers.com

October 30, 2024

In this head to head comparison of Tradier vs SoFi Invest®, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.

Tradier
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.35 info
SoFi Invest®
3.5/5 Stars Overall
  • Minimum Deposit: $5.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00

Investment options

When comparing Tradier and SoFi Invest® based on their available investment options, Tradier emerges as the more robust platform, scoring 4 stars and ranking 13th out of 18 brokers according to StockBrokers.com. In contrast, SoFi Invest® holds a 3-star rating and ranks 16th, indicating a slightly less comprehensive offering. This overview suggests that Tradier may cater more effectively to a wider array of investment needs.

Tradier offers a strong range of services with stock trading, margin trading, options trading, mutual funds, and futures trading, along with the availability of both traditional and Roth IRA accounts. However, it lacks some of the modern touches such as fractional shares, OTC stocks, and advisor services, which SoFi Invest® conveniently includes. SoFi Invest® also provides options for stocks, margin trading, mutual funds, and IRA accounts, but it does not support futures trading, giving Tradier an edge in that area.

Despite both platforms not offering crypto or forex trading, SoFi Invest® appeals to those interested in fractional and OTC stock trading, and it also provides advisor services to support beginner investors. Meanwhile, Tradier might attract experienced traders seeking futures trading under a brokerage with a slightly higher industry ranking. Each platform offers unique advantages, so the choice between Tradier and SoFi Invest® ultimately depends on your specific investment goals and needs.

Feature Tradier logoTradier
SoFi Invest® logoSoFi Invest®
Stock Trading info Yes Yes
Margin Trading Yes Yes
Fractional Shares info No Yes
OTC Stocks info No Yes
Mutual Funds info Yes Yes
Options Trading info Yes Yes
Futures Trading info Yes No
Crypto Trading info No No info
Crypto Trading - Total Coins info 0 0
Investment Options 4/5 Stars 3/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025

Trading platforms and tools

When evaluating the trading platforms and tools offered by Tradier and SoFi Invest®, it becomes clear that Tradier holds the upper hand. Rated at 3.5 stars and ranking 10th out of 18 brokers by StockBrokers.com, Tradier outshines SoFi Invest®, which is rated at 2.5 stars and ranks 15th. This is primarily due to Tradier's feature-rich platform that provides traders with essential tools like chart indicators and paper trading, which SoFi Invest® lacks.

Both Tradier and SoFi Invest® lack desktop downloadable platforms for Windows and Mac, but compensate by offering browser-based trading platforms for convenient access. However, Tradier provides paper trading, a feature absent from SoFi Invest®, empowering traders to practice strategies without risking real money. Additionally, Tradier supports 95 technical indicators for charting, while SoFi Invest® offers none, giving Tradier users a substantial advantage in technical analysis capabilities.

In terms of chart customization, Tradier allows users to add notes and display historical trades, unlike SoFi Invest®, which lacks these functionalities. Both platforms are limited in certain areas, such as drawing tools, index overlays, and automated technical analysis, indicating room for improvement. Watch lists on both platforms offer three fields, ensuring ease of monitoring market movements. Tradier's superior chart options and indicators, alongside its paper trading feature, position it as a more robust choice for serious traders seeking a comprehensive online trading experience.

Feature Tradier logoTradier
SoFi Invest® logoSoFi Invest®
Web Trading Platform info Yes Yes
Desktop Trading Platform info No info No
Desktop Platform (Mac) info No info No
Paper Trading info Yes No
Watch Lists - Total Fields info 3 3
Charting - Indicators / Studies info 95 0
Charting - Drawing Tools info 0 0
Platforms & Tools 3.5/5 Stars 2.5/5 Stars

Dive deeper: Best Stock Brokers & Trading Platforms for 2025, Best Paper Trading Platforms for 2025

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Beginners and education

In a comprehensive comparison of beginner and investor education capabilities, SoFi Invest® significantly outshines Tradier, earning a commendable 4.5-star rating in education, compared to Tradier's modest 2-star rating. SoFi Invest® offers a robust array of educational resources, providing comprehensive stock, ETF, options, mutual funds, and bonds education. Additionally, SoFi Invest® enhances its offerings with webinars, although it lacks paper trading opportunities. This breadth of educational support situates SoFi Invest® as #7 out of 18 brokers in educational ranking by StockBrokers.com, making it more attractive for novice investors seeking guided learning.

Conversely, Tradier positions itself lower on the educational spectrum, ranking #17 out of 18 brokers by StockBrokers.com for its limited educational resources. While Tradier does offer paper trading, providing users a hands-on practice environment, it lacks in offering structured education on stocks, ETFs, options, mutual funds, and bonds. Tradier also falls short in providing educational videos, webinars, quizzes, and progress tracking features, which impacts its utility for beginner investors looking for comprehensive learning tools and resources.

Feature Tradier logoTradier
SoFi Invest® logoSoFi Invest®
Education (Stocks) info No Yes
Education (ETFs) info No Yes
Education (Options) info No Yes
Education (Mutual Funds) info No Yes
Education (Bonds) info No Yes
Paper Trading info Yes No
Videos info No No
Webinars info No Yes
Education 2/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When comparing online brokers Tradier and SoFi Invest® for their stock trading app capabilities, Tradier emerges as the more robust option with a higher rating of four stars compared to SoFi's three stars. Additionally, Tradier is ranked 15th out of 18 brokers by StockBrokers.com, slightly ahead of SoFi Invest®, which stands at 16th place. This positions Tradier as a more favorable choice for users seeking enhanced features and performance in stock trading apps.

Both Tradier and SoFi Invest® offer iPhone and Android apps, allowing seamless trading experiences across essential mobile devices. However, neither provides an Apple Watch app, and both brokers lack advanced media features, such as live streaming TV and on-demand videos. Tradier distinguishes itself with the inclusion of mobile after-hours stock and options trading, a feature absent in SoFi Invest®. Additionally, Tradier offers streaming quotes and the ability to create custom watch lists, enhancing the user's trading experience by providing real-time data and personalized tracking capabilities.

In terms of charting features within their mobile apps, both brokers allow users to view multiple time frames, although neither provides technical studies or the ability to compare stocks on charts. Tradier and SoFi Invest® also lack functionalities like after-hours charting and landscape mode viewing. Despite these limitations, Tradier's offerings in mobile trading capabilities and overall usability earn it a stronger position in the mobile brokerage landscape compared to SoFi Invest®.

Feature Tradier logoTradier
SoFi Invest® logoSoFi Invest®
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Stock Alerts info No No
Charting - After-Hours info No No
Charting - Technical Studies info 0 0
Mobile Trading Apps 4/5 Stars 3/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When comparing online brokers Tradier and SoFi Invest® regarding account fees and other charges, Tradier appears to offer a compelling choice for traders focused on maintaining low costs, particularly with its $0 minimum deposit and commission-free trades on regular stocks. On the other hand, SoFi Invest® stands out with its $0 charge for options contracts, which may appeal to active options traders. Each platform has its advantages, so the decision will ultimately depend on individual trading needs and priorities.

Tradier and SoFi Invest® differ significantly when it comes to options trading fees, with Tradier charging $0.35 per options contract, whereas SoFi Invest® boasts no cost per options contract. Tradier seems to offer more attractive rates on margin balances, maintaining a steady 9.5% for balances below $100,000, in contrast to SoFi Invest®, which charges 11.25% across the same tiers. However, SoFi Invest® offers more lenient terms for IRA accounts, charging no annual or closure fees, unlike Tradier, which charges $30 annually and $60 for closure fees.

Account transfer fees also highlight the contrast between Tradier and SoFi Invest®, with Tradier charging $75 for both partial and full Account Transfers (ACAT), while SoFi Invest® imposes a higher fee of $100. Finally, options-related charges, such as exercise and assignment fees, present SoFi Invest® as a more economical option with $5 respective fees compared to Tradier’s $9. These various factors should be considered based on individual trading requirements and budget allowances.

Feature Tradier logoTradier
SoFi Invest® logoSoFi Invest®
Minimum Deposit $0.00 $5.00
Stock Trades $0.00 $0.00
Options (Per Contract) $0.35 info $0.00
Options Exercise Fee $9.00 $5.00
Options Assignment Fee $9.00 $5.00
IRA Annual Fee $30.00 info $0.00
IRA Closure Fee $60.00 $20.00
Commissions & Fees 4.5/5 Stars 4.5/5 Stars

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When comparing Tradier and SoFi Invest® for day trading capabilities, it is important to note that neither platform provides several advanced trading features that might be crucial for active traders. Both Tradier and SoFi Invest® lack streaming time and sales for stocks, streaming live TV, and direct market routing for stocks. Traders looking for ladder trading, trading hotkeys for keyboard trade entry, or level 2 quotes will also find these features absent on both platforms. The absence of these fundamental tools may impact those who rely heavily on real-time data and detailed trading interfaces in their day trading strategies.

Furthermore, neither Tradier nor SoFi Invest® supports basic or advanced strategy backtesting, nor do they offer a short locator tool to view real-time availability of shares available to short. For traders interested in optimizing their strategies or seeking potential rebates through order liquidity (maker/taker), the lack of these features in both platforms might pose a limitation. As such, individuals considering these platforms for day trading should weigh the absence of these capabilities against their specific trading needs before making a decision.

Feature Tradier logoTradier
SoFi Invest® logoSoFi Invest®
Streaming Time & Sales info No No
Streaming TV info No No
Direct Market Routing - Stocks info No No
Level 2 Quotes - Stocks info No No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

Tradier and SoFi Invest® both offer distinct features when it comes to market research, but neither platform excels in this area. Tradier slightly outperforms SoFi Invest® with a rating of 2.5 stars compared to SoFi's 2 stars. Despite this, both platforms are ranked on the lower end by StockBrokers.com, with Tradier at #16 and SoFi Invest® at #18 out of 18 brokers. For investors prioritizing market research capabilities, these platforms may not be the top choices.

Tradier offers some stock and ETF research, setting it apart from SoFi Invest®, which does not provide stock or ETF research at all. Neither platform provides mutual fund research, pink sheets/OTCBB research, or bonds research. Tradier and SoFi Invest® also lack features for social media sentiment data, ESG research, and downloadable PDF research reports across stocks, ETFs, and mutual funds. Furthermore, neither platform includes tools like stock or ETF screeners for generating trade ideas.

In contrast, SoFi Invest® offers a distinctive feature absent in Tradier: the ability to see portfolio allocation by asset class, which can be useful for strategic investment planning. Despite this, both brokers share limitations in research offerings, making them better suited for investors with other priorities beyond in-depth market analysis and research resources.

Feature Tradier logoTradier
SoFi Invest® logoSoFi Invest®
Research - Stocks info Yes No
Screener - Stocks info No No
Research - ETFs info Yes No
Screener - ETFs info No No
Research - Mutual Funds info No No
Screener - Mutual Funds info No No
Research - Bonds info No No
Screener - Bonds info No No
Research 2.5/5 Stars 2/5 Stars

Banking

When comparing the banking capabilities of Tradier and SoFi Invest®, SoFi Invest® clearly stands out as the more comprehensive choice. While Tradier does not offer checking accounts, savings accounts, debit cards, credit cards, or mortgage loans, SoFi Invest® provides all of these essential banking services. Both Tradier and SoFi Invest® do not offer Certificates of Deposit (CDs). For those seeking a well-rounded digital banking experience alongside their investing needs, SoFi Invest® offers a full suite of financial products, substantially surpassing Tradier's limited offerings.

Feature Tradier logoTradier
SoFi Invest® logoSoFi Invest®
Checking Accounts info No Yes
Savings Accounts info No Yes
Debit Cards info No Yes
Credit Cards info No Yes
Mortgage Loans info No Yes
CDs info No No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Tradier is better than SoFi Invest®. Tradier finished with an overall score of 77.0%, while SoFi Invest® finished with a score of 73.7%.

If you’re trying out advanced charting applications and want to trade from them, Tradier Brokerage is a very logical choice, though as a stand-alone broker it trails the offerings of industry leaders.

FAQs

Can you trade cryptocurrency with Tradier or SoFi Invest®?

Tradier and SoFi Invest® both do not offer crypto trading options, with neither platform providing any coins for crypto trading.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Tradier or SoFi Invest® offer IRAs?

Both Tradier and SoFi Invest® offer traditional and Roth IRA accounts, but while Tradier charges a $30 annual fee and a $60 closure fee, SoFi Invest® offers these accounts with no annual fee and a $20 closure fee, making it a more cost-effective option for budget-conscious investors.

Dive deeper: Best IRA Accounts for 2025

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Compare

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Overall Rating Tradier SoFi Invest®
Overall 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Investment Options 4/5 Stars 3/5 Stars
Platforms & Tools 3.5/5 Stars 2.5/5 Stars
Mobile Trading Apps 4/5 Stars 3/5 Stars
Research 2.5/5 Stars 2/5 Stars
Customer Service 3.5/5 Stars 4/5 Stars
Education 2/5 Stars 4.5/5 Stars
Ease Of Use 4.5/5 Stars 4.5/5 Stars
Winner check_circle
Review Tradier Review SoFi Invest® Review
Broker Screenshots Tradier 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 Tradier SoFi Invest®
Minimum Deposit $0.00 $5.00
Stock Trades $0.00 $0.00
Penny Stock Fees (OTC) info N/A N/A
Mutual Fund Trade Fee $30 info $0
Options (Per Contract) $0.35 info $0.00
Futures (Per Contract) $1.50 info $0.00
Broker Assisted Trade Fee $10 N/A
Margin Rates Tradier SoFi Invest®
Margin Rate Under $25,000 9.5% 11.25%
Margin Rate $25,000 to $49,999.99 9.5% 11.25%
Margin Rate $50,000 to $99,999.99 9.5% 11.25%
Margin Rate $100,000 to $249,999.99 9.5% 11.25%
Margin Rate $250,000 to $499,999.99 9.5% 11.25%
Margin Rate $500,000 to $999,999.99 9.5% 11.25%
Margin Rate Above $1,000,000 9.5% 11.25%
Account Fees Tradier SoFi Invest®
IRA Annual Fee $30.00 info $0.00
IRA Closure Fee $60.00 $20.00
Account Transfer Out (Partial) info $75.00 $100.00
Account Transfer Out (Full) info $75.00 $100.00
Options Exercise Fee $9.00 $5.00
Options Assignment Fee $9.00 $5.00
Investment Options Tradier SoFi Invest®
Stock Trading info Yes Yes
Margin Trading Yes Yes
Fractional Shares info No Yes
OTC Stocks info No Yes
Options Trading info Yes Yes
Complex Options Max Legs info 4 0
Futures Trading info Yes No
Forex Trading info No No
Crypto Trading info No No info
Crypto Trading - Total Coins info 0 0
Mutual Funds (No Load) info 0 0
Mutual Funds (Total) info 0 6000
Bonds (US Treasury) info No No
Bonds (Corporate) info No No
Bonds (Municipal) info No No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info No Yes
International Countries (Stocks) info 0 0
Order Types Tradier SoFi Invest®
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes No
Order Type - Trailing Stop info No No
Order Type - OCO info Yes No
Order Type - OTO info Yes No
Order Type - Broker Assisted info Yes No
Beginners Tradier SoFi Invest®
Education (Stocks) info No Yes
Education (ETFs) info No Yes
Education (Options) info No Yes
Education (Mutual Funds) info No Yes
Education (Bonds) info No Yes
Education (Retirement) info No Yes
Retirement Calculator info No No
Investor Dictionary info No Yes
Paper Trading info Yes No
Videos info No No
Webinars info No Yes
Webinars (Archived) info No Yes
Progress Tracking info No No
Interactive Learning - Quizzes info No No
Stock Trading Apps Tradier SoFi Invest®
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info No No
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes No
Trading - Complex Options info Yes No
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info No No
Stock App Features Tradier SoFi Invest®
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info No No
Videos on Demand info No No
Stock Alerts info No No
Option Chains Viewable info Yes No
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info No No
Watch Lists - Create & Manage info Yes No
Watch Lists - Column Customization info No No
Stock App Charting Tradier SoFi Invest®
Charting - After-Hours info No No
Charting - Can Turn Horizontally info No No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 0 0
Charting - Study Customizations info No No
Charting - Stock Comparisons info No No
Trading Platforms Tradier SoFi Invest®
Active Trading Platform info TradeHawk N/A
Desktop Trading Platform info No info No
Desktop Platform (Mac) info No info No
Web Trading Platform info Yes Yes
Paper Trading info Yes No
Trade Journal info No No
Watch Lists - Total Fields info 3 3
Stock Chart Features Tradier SoFi Invest®
Charting - Adjust Trades on Chart info No No
Charting - Indicators / Studies info 95 0
Charting - Drawing Tools info 0 0
Charting - Notes info Yes No
Charting - Index Overlays info No No
Charting - Historical Trades info Yes No
Charting - Corporate Events info No No
Charting - Custom Date Range info No No
Charting - Custom Time Bars info No No
Charting - Automated Analysis info No No
Charting - Save Profiles info No No
Trade Ideas - Technical Analysis info No No
Charting - Study Customizations info 7 0
Charting - Custom Studies info No No
Day Trading Tradier SoFi Invest®
Streaming Time & Sales info No No
Streaming TV info No No
Direct Market Routing - Stocks info No No
Ladder Trading info No No
Trade Hotkeys info No No
Level 2 Quotes - Stocks info No No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No
Order Liquidity Rebates info No No
Research Overview Tradier SoFi Invest®
Research - Stocks info Yes No
Research - ETFs info Yes No
Research - Mutual Funds info No No
Research - Pink Sheets / OTCBB info No No
Research - Bonds info No No
Screener - Stocks info No No
Screener - ETFs info No No
Screener - Mutual Funds info No No
Screener - Bonds info No No
Misc - Portfolio Allocation info No Yes
Stock Research Tradier SoFi Invest®
Stock Research - PDF Reports info 0 0
Stock Research - Earnings info No No
Stock Research - Insiders info No No
Stock Research - Social info No No
Stock Research - News info No Yes
Stock Research - ESG info No No
Stock Research - SEC Filings info No No
ETF Research Tradier SoFi Invest®
ETFs - Strategy Overview info No Yes
ETF Fund Facts - Inception Date info No No
ETF Fund Facts - Expense Ratio info No Yes
ETF Fund Facts - Net Assets info No No
ETF Fund Facts - Total Holdings info No No
ETFs - Top 10 Holdings info No Yes
ETFs - Sector Exposure info No No
ETFs - Risk Analysis info No No
ETFs - Ratings info No No
ETFs - Morningstar StyleMap info No No
ETFs - PDF Reports info No No
Mutual Fund Research Tradier SoFi Invest®
Mutual Funds - Strategy Overview info No No
Mutual Funds - Performance Chart info No No
Mutual Funds - Performance Analysis info No No
Mutual Funds - Prospectus info No No
Mutual Funds - 3rd Party Ratings info No No
Mutual Funds - Fees Breakdown info No No
Mutual Funds - Top 10 Holdings info No No
Mutual Funds - Asset Allocation info No No
Mutual Funds - Sector Allocation info No No
Mutual Funds - Country Allocation info No No
Mutual Funds - StyleMap info No No
Options Trading Tradier SoFi Invest®
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info No No
Option Chains - Streaming info No No
Option Chains - Total Columns info 8 0
Option Chains - Greeks info 1 0
Option Chains - Quick Analysis info Yes No
Option Analysis - P&L Charts info No No
Option Probability Analysis info No No
Option Probability Analysis Adv info No No
Option Positions - Greeks info No No
Option Positions - Greeks Streaming info No No
Option Positions - Adv Analysis info No No
Option Positions - Rolling info No No
Option Positions - Grouping info No No
Banking Tradier SoFi Invest®
Bank (Member FDIC) info No Yes
Checking Accounts info No Yes
Savings Accounts info No Yes
Credit Cards info No Yes
Debit Cards info No Yes
Mortgage Loans info No Yes
Customer Service Tradier SoFi Invest®
Phone Support (Prospect Customers) info Yes Yes
Phone Support (Current Customers) info Yes Yes
Email Support info Yes No
Live Chat (Prospect Customers) info No Yes
Live Chat (Current Customers) info No Yes
24/7 Support info No No
Overall Tradier SoFi Invest®
Overall 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Investment Options 4/5 Stars 3/5 Stars
Platforms & Tools 3.5/5 Stars 2.5/5 Stars
Mobile Trading Apps 4/5 Stars 3/5 Stars
Research 2.5/5 Stars 2/5 Stars
Education 2/5 Stars 4.5/5 Stars
Ease Of Use 4.5/5 Stars 4.5/5 Stars
Winner check_circle
Review Tradier Review SoFi Invest® Review
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