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CyprusWebull vs SoFi Invest
What each one charges, who licenses it, and how they rank against each other country by country.
The short version
The United States is the one country where we rank both for stocks, and Webull comes out ahead there.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
On the one fee we could check for both, they charge the same.
Both hold top-tier (tier-1) licences: Webull from SEC / FINRA, ASIC and CIRO, SoFi Invest from SEC / FINRA.
- Both charge the same for US stock orders: $0 per order.
- We list Webull in 3 of the 14 countries we cover and SoFi Invest in 1. They overlap in 1.Edge: Webull
- Only Webull offers crypto.
- Only Webull supports TradingView.
- SoFi Invest gets more search attention than Webull (Market Signal 74 vs 58). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Stock brokers & investing apps
| Country | Webull | SoFi Invest |
|---|---|---|
| United States | #3 of 975/100Locally licensed Webull Financial LLC · SEC / FINRA | #5 of 973/100Locally licensed SoFi Securities LLC · SEC / FINRA |
| Australia | #3 of 875/100Locally licensed Webull Securities (Australia) Pty. Ltd. · ASIC | Not listed |
| Canada | #2 of 572/100Locally licensed Webull Securities (Canada) Limited · CIRO | Not listed |
Fees and features side by side
| Webull | SoFi Invest | |
|---|---|---|
| Products | Stocks & ETFs, Options, Crypto | Stocks & ETFs |
| Owner | Not verified yet | Not verified yet |
| US stock commission | $0 per order | $0 per order |
| Crypto trading fee | 1%, app fee per trade (no order book) | Not verified yet |
| Currency conversion fee | Not verified yet | Not verified yet |
| Inactivity fee | Not verified yet | $25 per account inactive for the preceding 6 months (logging in counts as activity) |
| Withdrawal fee | Not verified yet | Not verified yet |
| Minimum deposit | $0 (Webull Financial LLC) · $0 (Webull Securities (Australia) Pty. Ltd.) | $5 (SoFi Securities LLC) |
| Instruments | Not verified yet | Not verified yet |
| Fractional shares | Yes | Yes |
| Platforms | Webull Desktop, Webull Mobile App, Webull Web, TradingView | SoFi app |
| Deposit methods | Not verified yet | Not verified yet |
| Withdrawal time (stated) | Not verified yet | Not verified yet |
| Demo account | Yes | Not verified yet |
| Support | email, phone |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (Webull, SoFi Invest).
Licences
Webull
- Webull Financial LLC: SEC / FINRA (Tier 1)
- Webull Securities (Australia) Pty. Ltd.: ASIC (Tier 1)
- Webull Securities (Canada) Limited: CIRO (Tier 1)
- Webull Canada Crypto Limited: CIRO (Tier 1)
SoFi Invest
- SoFi Securities LLC: SEC / FINRA (Tier 1)
Webull vs SoFi Invest: common questions
Which is better, Webull or SoFi Invest?
The United States is the one country where we rank both for stocks, and Webull comes out ahead there. For reference, Webull's best ranking is #2 of 5 stock brokers & investing apps in Canada, and SoFi Invest's best ranking is #5 of 9 stock brokers & investing apps in the United States.
Is Webull cheaper than SoFi Invest?
Both charge the same for US stock orders: $0 per order.
Is Webull or SoFi Invest better regulated?
Both hold top-tier (tier-1) licences: Webull from SEC / FINRA, ASIC and CIRO, SoFi Invest from SEC / FINRA. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both Webull and SoFi Invest where I live?
We list Webull in 3 of the 14 countries we cover and SoFi Invest in 1. They overlap in 1. For stocks, you'll find both on our lists in United States.