Webull vs SoFi Invest

Updated Oct. 18, 2023
Webull
SoFi Invest
Overview
Description
Get access to a comprehensive suite of investment products including stocks, options, ETFs, and ADRs.Trade crypto, ETFs, stocks and participate in IPOs — or start automated investing.
Basics
Account Funding Options
Bank transfer, Credit or debit cards, Neteller, Skrill, PaypalBank transfer
Advisory Services
NoNo
Apps
Android, iOSAndroid, iOS
Minimum Deposit
$0.00$10.00
Minimum Trade
0None
Regulator
FINRA, SECFINRA, SEC
Signup Bonus Gift
Successfully open a Webull brokerage account and receive one free stock, valued between $3 - $300.Download the app and get up to $1,000 when you open an account. Terms and Conditions apply.
Trading
Currencies Supported
USDUSD
Copy Trading
YesNo
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoNo
Fractional Share Trading
NoYes
Futures Trading
NoNo
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
NoNo
Options Trading
YesNo
OTCBB / Pink Sheets
NoNo
Paper Trading
YesNo
Penny Share Trading
YesNo
Social Trading
NoYes
Stock Trading
YesYes
Tradable Assets
ADRs, ETFs, Options, StocksCryptocurrency, ETFs, Stocks
Tradable Markets
Top 15 exchanges around the world - CA, HK, US + moreNASDAQ, NYSE
Fees
Broker Assisted Trades Fee
N/AN/A
Brokerage Fee
$0.00$0.00
Domestic Wire Transfer Fee
$8.00$0.00
ETF Trade Fee
$0.00$0.00
Funds Withdrawal Fee (Partial)
$0.00$0.00
Funds Withdrawal Fee (Full)
$0.00$0.00
International Wire Transfer Fee
$12.50N/A
Mutual Fund Trade Fee
N/AN/A
Options (Base Fee)
$0.00N/A
Options (Per Contract Fee)
N/AN/A
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
N/AN/A
Returned Wire Fee
N/AN/A
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
$0.00$0.00
Order types
Order Type (Contingent)
NoNo
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
NoNo
Order Type (One Triggers and One Cancels The Other)
NoNo
Order Type (One Triggers The Other)
YesN/A
Order Type (Stop)
YesNo
Order Type (Trailing Stop)
YesNo
Customer service
Email Support
YesYes
Live Chat Support
NoYes
Phone Support
YesYes

As seen on

Media - Forbes
Media - Yahoo Finance
Media - MSN
Media - Fox News
Media - Daily News
Media - Vox