Moomoo vs SoFi Invest
Moomoo Review 2023 | SoFi Invest Review 2023 |
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3.8
Moomoo is #10 in our broker rankings. |
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3.8
SoFi Invest is #36 in our broker rankings. |
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Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong and US stocks, ETFs and other assets. Margin trading is available and the brand accepts low minimum deposits while also decent several bonuses. |
SoFi Invest is an American wealth management and robo advisory service, providing equity and cryptocurrency investment portfolios with competitive fees. The firm is heavily regulated and registered with the SEC and FINRA. First launched in 2011, the firm has attracted millions of clients and various awards. |
Bonus Offer | |
Get up to 15 free stocks worth up to $2000 | |
Comment by Reviewer | |
"Moomoo will appeal to stock traders who want to build an investment portfolio through a user-friendly app with low to zero commissions." | "SoFi Invest is a good stop for investors who want automated assistance with their stock and ETF investment decisions. The fractional shares and no minimum deposit will appeal to newer traders in particular." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Options, ETFs, ADRs, OTCs | Stocks, Crypto, ETFs |
Demo Account | |
Yes | No |
Minimum Deposit | |
$0 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$0 | $0 |
Regulator | |
SEC, FINRA, MAS | SEC, FINRA |
Margin Trading | |
Yes | Yes |
Margin Rate | |
6.8 | |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Yes (iOS & Android) | iOS & Android |
Copy Trading | |
No | No |
Social Trading | |
No | Yes |
Trade Signals | |
None | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
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Stock Exchanges | |
Cryptocurrency | |
Crypto trading not offered | Trade 22 cryptocurrencies including Bitcoin, Binance Coin, Uniswap and Polkadot from as little as $10, making it a good pick for beginners. The broker charges a competitive 1.25% commission on crypto trades. |
Spread | |
N/A | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
Moomoo vs |
SoFi Invest vs |