SoFi Invest: Fees, Features, and More (2026)

SoFi Invest focuses on streamlined, mobile‑first investing with a few standout features: fractional‑share trading for easy diversification, integrated cryptocurrency access at a 1.25 % transaction fee, and a no‑fee robo‑advisor that automates portfolios for as little as 0 %–0.25 % in management costs. The platform supports IRAs, margin accounts, and a large lineup of no‑transaction‑fee mutual funds, all with no minimum deposit required.

Detailed feature breakdown for SoFi Invest brokerage (2026)
Feature
Website https://www.sofi.com/invest/
Broker Type Discount (self-directed online brokerage + robo-advisor)
Trading: Stock & ETF? Yes
ETF & Stock commission $0 commissions
Fractional Shares? Yes ($5 min on select stocks/ETFs)
Percent Allocations? No
Crypto Trading? Yes. SoFi Crypto offers 28 cryptocurrencies (as of May 2026); requires SoFi Checking & Savings.
Crypto Fees Tiered 1.90%/1.50%/1.25%/0.90% of trade value by monthly volume (<$1k/$1-5k/$5-10k/$10k+); possible ≤0.10% spread.
Options Trading? Yes. Options trading available (long calls/puts, covered calls, cash-secured puts; 0DTE and IRAs).
Options Fee $0 commissions and $0 contract fees. Regulatory fees apply (e.g., ORF $0.02, OCC $0.025 per contract).
Bond Trading Available? No. Individual bonds not offered; exposure via bond ETFs and mutual funds only.
Receives payment for order flow (PFOF)? Yes. Receives payment-for-order-flow revenue share via Apex Clearing.
Interface: Web trading? Yes. Full trading on SoFi mobile app (iOS/Android) and sofi.com website.
Desktop trading? No
API Trading? No
Mutual Funds: Offered? Yes
Total Mutual Funds 6,800+
NTF Mutual Funds 6,800
Non-NTF Fund Fee 0.2% of purchase (max $20); 2% for interval/tender funds
Early Redemption Fee? Yes (no SoFi short-term fee)
Redemption Hold (Days) Fund-specific (CDSC varies by fund); no SoFi-imposed hold.
Early Redemption Fee Fund-specific CDSC (varies); SoFi charges none (purchase tx fee 0.2% max $20).
Accounts: Margin Accounts? Yes (Self-Directed; apply, $2,000 min).
IRAs Offered? Yes: Traditional, Roth, and SEP IRAs.
HSAs Offered? No
Money Market Sweep? Yes (optional FDIC bank sweep via Apex).
CDs Offered? No
Robo-Advisor: Offered Yes
Robo-Advisor Service SoFi Automated Investing (Robo Investing)
Robo-Advisor Fees 0.25% annual wrap/advisory fee plus fund expenses; $50 min.
Basics: Headquarters San Francisco, CA
Year Founded 2011
Clearing Firm Apex Clearing Corporation
Local Branches? No
New Account Minimum $0

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