SoFi Invest vs Wealthfront

SoFi Invest is a commission-free stock trading app for beginners new to investing. How does it compare to Wealthfront? Read our comparison chart below.

		WealthfrontRobinhoodWebullAcorns
	Learn More	Learn More
	SoFi Invest	Wealthfront
	SPECIAL OFFER Active Investing with SoFi - Learn More Read SoFi Invest Review	SPECIAL OFFER Wealthfront Cash Account - Learn More Read Wealthfront Review
	Benefits and Features
Savings		5% APY Cash Management Account
Stock Trading	$0
Options Trading	$0 ($5 exercise/assignment fee)
Annual Fee	None	0.25%
Minimum Deposit	$0	$500
Commission Free ETFs	All U.S. listed ETFs
Phone Support		Yes
Live Chat Support		No
Email Support		Yes
Human Advisors		No
Robo Advisor
Assets Under Management		$10+ Billion
Tax Loss Harvesting		Yes
Goal Tracker		Yes
Automatic Deposits		Yes
Maintenance Fee	$0
Online Platform		Yes
iPhone App		Yes
Android App		Yes
Mobile App		Yes
Customer Service	Monday to Thursday from 5am to 7pm Pacific Friday to Sunday from 5am to 5pm Pacific
Virtual Trading	No
Single Stock Diversification		Yes
Fractional Shares		No
Taxable Accounts		Yes
401k Plans		No
IRA Accounts		Yes
Roth IRA Accounts		Yes
SEP IRA Accounts		Yes
Trust Accounts		Yes
529 Plans		Yes
	CreditDonkey® Reviews
Minimum Deposit
Price
Customer Service
Annual Fee
Investment Types
Pros & Cons	Pros: Commission-free trades $0 account minimum No management fees Cons: No tax loss harvesting Limited customer service No options trading, mutual funds, or bonds	Pros: Minimal opening deposit & fees Advanced goal tracker Tax loss harvesting Cons: No human advisors No fractional shares
Bottom Line	Commission-free stock trading app for beginners new to investing... Read full review	Good robo-advisor for hands-off investor. Fees are low, but lack human advisors... Read full review
	Active Investing with SoFi	Wealthfront Cash Account
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Wealthfront: Pricing information from published website as of 04/20/2024.

Articles on SoFi Invest

SoFi Invest Review

Do you want the commission-free trades but need a little more guidance? Then SoFi Invest might be just what you need.

• SoFi Invest vs Robinhood
• SoFi Invest vs Webull

Articles on Wealthfront

Wealthfront Review

Wealthfront simplifies long-term, low-cost investing with a diversified portfolio. But is it safe? Read on to learn if Wealthfront is worth it.

• Wealthfront vs Acorns

Which Do You Think is Best?

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