E*TRADE vs SoFi Invest

E*TRADE is an online broker with one of the best user interfaces. How does it compare to SoFi Invest? Read our comparison chart below.

	E*TRADERobinhoodWebullTradeStation
	Learn More	Learn More
	E*TRADE	SoFi Invest
	SPECIAL OFFER Learn more about E*TRADE - Learn More Read E*TRADE Review	SPECIAL OFFER Active Investing with SoFi - Learn More Read SoFi Invest Review
	Benefits and Features
Stock Trading	$0 per trade	$0
Options Trading	$0 per trade + $0.65 per contract $0 per trade + $0.50 per contract if you make 30+ trades a quarter	$0 ($5 exercise/assignment fee)
Annual Fee	None	None
Minimum Deposit	$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum	$0
Mutual Fund Trading	$0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds
Commission Free ETFs	250+	All U.S. listed ETFs
Phone Support
Live Chat Support
Penny Stocks
Broker Assisted Trades	$25 + Regular Commission
Inactivity Fee	$0	$25 per account for every 6 months of login inactivity
Maintenance Fee	$0	$0
Banking	Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
Mobile App
Desktop App	Power E*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000)
Futures Trading	$1.50 per contract, per side + fees (excluding bitcoin futures)
Customer Service	800-387-2331	Monday to Thursday from 5am to 7pm Pacific Friday to Sunday from 5am to 5pm Pacific
Trading Platform	Web Trading, Mobile Apps	Web Trading, Mobile Apps
Virtual Trading	Yes	No
	CreditDonkey® Reviews
Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Minimum Deposit
Price
Customer Service
Pros & Cons	Pros: Expansive set of resources and tools Easy to use website Industry leader Cons: Trade fees	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
Bottom Line	Online broker with one of the best user interfaces... Read full review	Commission-free stock trading app for beginners new to investing... Read full review
	Learn more about E*TRADE E*TRADE Account - Up to $10,000 Bonus E*TRADE Retirement Account - Up to $10,000 Bonus	Active Investing with SoFi SoFi Active Invest with SoFi Plus - Up to $2,000 Free Stock SoFi Active Invest - Up to $1,000 Free Stock
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. E*TRADE: Pricing information from published website as of 11/18/2025.

Articles on E*TRADE

ETrade Review

E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares.

• E*TRADE vs Robinhood
• E*TRADE vs Webull
• E*TRADE vs TradeStation

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.

Which Do You Think is Best?

You Might Also Like

Best Stock Buying Apps

The best investment apps let you trade stocks on the go, right from your phone. But which one is the best for you? Read on to find out.

Best Options Trading Platform

Not all options trading platforms are created equal. But which one is best for you? Read on to find out.

Best Trading Platform for Beginners

Need help choosing a trading platform? Discover the 12 best for beginners in this comprehensive guide.

Best Ways to Invest $50,000

Have $50,000 to invest? Here are 10+ smart investment ideas to turn $50k into even bigger money.

Free Stock Trading App

Looking for the best stock trading apps for free? Elevate your investment game with these top choices.