SoFi Invest vs Betterment

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

		BettermentRobinhoodWebullAcorns
	Learn More	Learn More
	SoFi Invest	Betterment
	SPECIAL OFFER Active Investing with SoFi - Learn More Read SoFi Invest Review	SPECIAL OFFER Compare Pricing - Learn More Read Betterment Review
	Benefits and Features
Savings		Betterment Cash Reserve - Earn 4.00% APY**
Stock Trading	$0
Options Trading	$0 ($5 exercise/assignment fee)
Annual Fee	None	Digital: 0.25% annual fee for accounts with $20,000 or more or with monthly recurring deposits of $250 or more, $4/month for accounts with less than $20,000 Premium: 0.65% for accounts $100,000 or more
Minimum Deposit	$0	$0
Checking		No-Fee Checking
Commission Free ETFs	All U.S. listed ETFs
Phone Support		Yes
Live Chat Support		No
Email Support		Yes
Human Advisors		Yes ($100k minimum)
Robo Advisor		Yes
Assets Under Management		$50+ Billion
Minimum Investment		$0
Tax Loss Harvesting		Yes
Goal Tracker		Yes
Automatic Deposits		Yes
Inactivity Fee	$25 per account for every 6 months of login inactivity
Maintenance Fee	$0
Online Platform		Yes
iPhone App		Yes
Android App		Yes
Banking		Offers checking account with a free debit card, and a high-yield cash account
Mobile App		iOS & Android
Customer Service	Monday to Thursday from 5am to 7pm Pacific Friday to Sunday from 5am to 5pm Pacific
Trading Platform	Web Trading, Mobile Apps
Virtual Trading	No
Single Stock Diversification		No
Fractional Shares		Yes
Taxable Accounts		Yes
401k Plans		Yes
IRA Accounts		Yes
Roth IRA Accounts		Yes
SEP IRA Accounts		Yes
Trust Accounts		Yes
529 Plans		No
	CreditDonkey® Reviews
Minimum Deposit
Price
Customer Service
Annual Fee
Human Advisors
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: No minimum investment Customized portfolios Automatically invest extra funds Cons: Limited investment options High fees for large investors
Bottom Line	Commission-free stock trading app for beginners new to investing... Read full review	Great robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review
	Active Investing with SoFi The Claw Active Investing - $5 to $1,000 Free Stock	Compare Pricing Betterment Cash Reserve - Earn 4.00% APY** Invest with Automated Portfolios
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Betterment: Pricing information from published website as of 01/12/2025

Which is Better: SoFi Invest or Betterment?

In short: Betterment's customer service is noteworthy.

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 Betterment

Betterment Reviews

Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.

• Betterment vs Acorns

Is Betterment Worth The Fee

Betterment will manage your investments, but they charge a fee. Is Betterment worth the fee? Read on to answer all your questions.

Betterment Roth IRA

Is Betterment a good way to invest for retirement? What about the fees and withdrawals? Read on to learn how Betterment's Roth IRA account works.

Betterment vs Wealthfront

Betterment and Wealthfront are two of the oldest and most popular robo-advisors. Is there a difference? Which is better for you? Read on to find out.

Which Do You Think is Best?

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