Sofi Review (2026)

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10,296 Reviews

Overview of SoFi Active Invest®

SoFi Active Invest® is SoFi’s self-directed brokerage offering that lets members trade stocks, ETFs and options, use margin, buy fractional shares, and access alternative investments — all integrated within the broader SoFi product ecosystem.

The Active Invest experience is provided through SoFi Securities LLC (member FINRA/SIPC) while financial planning and advisory services are provided through SoFi Wealth LLC.

What Does SoFi Active Invest® Offer?

A combination of commission-free trading, low barriers to entry (including fractional shares and low dollar starts), and access to credentialed financial planners and alternative investments makes SoFi appropriate for investors who want both self-directed control and access to SoFi’s broader products.

  • Commission-free stock and ETF trades
  • Fractional-share investing and low-dollar starts (commonly promoted from $5)
  • Options trading available with no per-contract fees advertised
  • Margin accounts available
  • Access to alternative investment funds and select private-market offerings
  • Complimentary financial-planning sessions for members; enhanced scheduling for SoFi Plus members
  • Integration with SoFi banking, credit, and rewards ecosystem
  • Promotional offers and specific dollar thresholds (e.g., stock bonuses) change periodically and are subject to eligibility terms.
  • Some advanced trading features or product types (e.g., futures) may not be offered through SoFi Active Invest.

FAQs

Does SoFi charge trading fees?

SoFi advertises $0 commissions on U.S. stock and ETF trades and states that options trading has no contract fees. However, regulatory or exchange fees and other account fees may still apply; consult SoFi’s fee disclosures and account documents for the current fee schedule.

Can I buy fractional shares with SoFi?

Yes. SoFi supports fractional-share (dollar-based) purchases and commonly promotes the ability to invest with as little as $5, though exact minimums and availability can vary by instrument and promotion.

Is options and margin trading available?

Yes — SoFi offers options trading and margin accounts. Options are offered with no per-contract fees advertised, but options trading requires account approval and adherence to options-level rules; margin borrowing incurs interest and has margin requirements.

Does SoFi offer alternative or pre-IPO investments?

SoFi has expanded access to alternative investment funds and certain private-market / pre-IPO vehicles for Invest members via curated funds and partner offerings. These products are typically less liquid and have eligibility and holding requirements.

What promotions are available for new accounts?

Promotions change over time. SoFi has advertised stock bonuses for funding new Active Invest accounts (examples include promotions advertising up to $1,000 or, in some campaigns, up to $3,000). Always check the current promotion terms and funding minimums in SoFi’s promotion and account terms.

Can I get financial planning through SoFi?

Yes. SoFi members get access to no-cost financial planning. SoFi Plus members can schedule an unlimited number of appointments while non-Plus members are generally entitled to one complimentary appointment, subject to availability and the SoFi Plus eligibility rules.


Disclosure

Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify.

SoFi Plus members can schedule an unlimited number of appointments with a financial planner during periods in which the SoFi Plus member meets the eligibility criteria set forth in section 10(a) of the SoFi Plus Terms and Conditions. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov.

INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org/)/SIPC(www.sipc.org/). For a full listing of the fees associated with Sofi Invest, please view our fee schedule.

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Reviews & Ratings

See what some customers are saying about SoFi

Excellent • 10,296 Reviews

  • Excellent
    80%
  • Great
    6%
  • Average
    2%
  • Poor
    2%
  • Bad
    10%

We upload user reviews to our website daily, displaying them by default from 'best' to 'worst'.

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Gabriel

1 day ago

Fast & Clear

The process was fast and clear. No hide information.

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Carolyn Tucker

2 days ago

SoFi is awesome!

The application process couldn’t have been easier and the follow up is excellent. It makes you feel like they really care and want you to succeed. SoFi rocks!

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Elisa Colon

5 days ago

Fast and dependable

Fast and dependable. The rates are a little high, but very reliable service.

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Mark

1 week ago

Easy to apply

Easy to apply, fast response, quick turnaround, extremely pleased.

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Roger Gilbert

2 weeks ago

The application was very easy to fill

The application was very easy to fill out and the service was fast. Had the loan within days.