SoFi Invest vs Webull
SoFi Invest is a commission-free stock trading app for beginners new to investing. How does it compare to Webull? Read our comparison chart below.
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Learn More | Visit Site | |
SoFi Invest | Webull | |
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Active Investing with SoFi - | Fund Account and Get Up to $12,000 Bonus - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | $0 ($5 exercise/assignment fee) | |
Annual Fee | ||
Cryptocurrency Trading | ||
Minimum Deposit | ||
Mutual Fund Trading | ||
Commission Free ETFs | All U.S. listed ETFs | |
Phone Support | ![]() | |
Live Chat Support | ![]() | |
Email Support | Yes (customerservices@webull.us) | |
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | ||
Penny Stocks | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Good For | Experienced investors; Active traders | |
Inactivity Fee | $25 per account for every 6 months of login inactivity | |
Maintenance Fee | ||
Online Platform | ||
iPhone App | Yes (4.7 stars, 296.2k ratings) | |
Android App | ||
Banking | ||
Mobile App | ||
Desktop App | ||
Two-Factor Authentication | ||
Forex Trading | ||
Futures Trading | ||
Bond Trading | ||
CFD Trading | ||
Currency Trading | ||
Customer Service |
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Locations | ||
Online Community | ||
Seminars | ||
Trading Platform | Desktop, Web Trading, Mobile Apps | |
Virtual Trading | Yes. Free paper trading account with unlimited fake money | |
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
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Minimum Deposit | ![]() ![]() ![]() ![]() ![]() | |
Price | ![]() ![]() ![]() ![]() ![]() | |
Customer Service | ![]() ![]() ![]() ![]() ![]() | |
Stock Trading | ![]() ![]() ![]() ![]() ![]() | |
Options Trading | ![]() ![]() ![]() ![]() ![]() | |
Mobile App | ![]() ![]() ![]() ![]() ![]() | |
Commissions and Fees | ![]() ![]() ![]() ![]() ![]() | |
Ease of Use | ![]() ![]() ![]() ![]() ![]() | |
Research | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
| Pros:
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Bottom Line | Commission-free stock trading app for beginners new to investing... | Good free trading app for more experienced investors... |
Learn More | Visit Site | |
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Fund Account and Get Up to $12,000 Bonus
Open a new eligible Webull account. Fund the account with one or more qualifying deposits totaling $5,000 or more. Maintain a net qualifying funding amount of at least $5,000 in the account until the payment of the final installment of the offer reward. The offer reward will be credited to the eligible Webull account in 12 equal monthly installments, with the first installment issued within 45 days after the end of the offer period. To participate in this offer, you must click “Enroll Today” on the website. Terms and conditions apply.
Net Qualifying Funding Amount | Offer Reward Amount |
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$5,000 - $25,000.99 | $100 |
$25,001 - $100,000.99 | $750 |
$100,001 - $250,000.99 | $1,500 |
$250,001 - $500,000.99 | $3,750 |
$500,001 - $1,000,000.99 | $5,000 |
$1,000,001 - $5,000,000.99 | $8,000 |
$5,000,001+ | $12,000 |
3 Free Fractional Shares
Open a new Webull individual brokerage account. Make a qualifying single initial deposit of $100 - $499.99 during the promotional period to get 3 fractional shares, each valued between $3 - $3,000. Maintain a balance of $100 - $499.99 in the account for 30 days or more. Terms and conditions apply.
20 Free Fractional Shares
Open a new Webull individual brokerage account. Make a qualifying single initial deposit of $500 or more during the promotional period to get 20 fractional shares, each valued between $3 - $3,000. Maintain a balance of $500 or more in the account for 30 days or more. Terms and conditions apply.