Forex.com vs SoFi Invest

Forex.com vs SoFi Invest Comparison Table 2023
Forex.com SoFi Invest
4.5

Forex.com is #1 in our CFD broker rankings.

3.8

SoFi Invest is #34 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.

SoFi Invest is an American wealth management and robo advisory service, providing equity and cryptocurrency investment portfolios with competitive fees.

Bonus Offer
No
Pros
  • Highly rated
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Fast execution speed
  • Full range of investments
  • Strong regulatory oversight
  • Multiple account currencies
Cons
  • No copy trading
Awards
  • Best CFD Broker 2022 - Rankia
  • Best HNW Service 2022 - Dubai Forex Expo
  • Best US Broker 2020 - DayTrading.com
  • Best US Broker 2019 - DayTrading.com
  • Runner-Up - Best Forex Broker 2019 - DayTrading.com
Instruments
Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options Stocks, Crypto, ETFs
Demo Account
Yes No
Minimum Deposit
$100 $0
Payment Methods
Minimum Trade
$1 $0
Regulator
CySEC, IIROC, NFA, CFTC, FCA, CIMA SEC, FINRA
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
Yes No
Trading Central
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Automated trading supported through platforms (MT4)
Copy Trading
No No
Social Trading
No Yes
Trade Signals
SMART Signals
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • CHF
  • USD
Stock Exchanges
Commodities
CFD Trading
Go long and short on a range of popular financial markets with low fees. CFD trading not offered
Leverage
1:200
FTSE Spread
1 pt
GBPUSD Spread
1.0 Var
Oil Spread
0.04 Var
Stocks Spread
0.1% (Min Commission Applies)
Forex Trading
Forex.com is a leading FX broker. Offering a large range of currency pairs and some of the tightest spreads in the industry. Forex trading not offered
Forex App

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.

GBPUSD Spread
1.0 Var
EURUSD Spread
0.8 Var
EURGBP Spread
0.8 Var
Assets
80+
Cryptocurrency
Trade the major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account. Note, cryptos are not available in the US, UK or Canada. SoFi Invest supports investments into cryptocurrencies under its active and automated investing accounts.
Spread
BTC 1.4%, ETH 2% N/A
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • DOGE
  • ADA
  • DOT
  • ALGO
  • AAVE
  • BNT
  • BAT
  • BCH
  • LINK
  • COMP
  • ATOM
  • MANA
  • ENJ
  • ETC
  • FIL
  • MKR
  • MATIC
  • SOL
  • XLM
  • SUSHI
  • SNX
  • XTZ
  • GRT
  • UNI
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Forex.com
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SoFi Invest
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