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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1

Broker 2

VS field	SoFi Invest sofi.com ETF BrokerOptions BrokerETF	Fidelity fidelity.com Stock BrokerETF BrokerETF
Decision summary
Overall score

Trust score	86	100

Cost score	82	89

Platform score	78	94

Withdrawal score	70	89

Best for	Beginner and intermediate U.S. investors · Existing SoFi banking/loan customers wanting an integrated app · Investors seeking $0 stock/ETF/options commissions	Evidence supports Fidelity as a U.S.-focused, highly regulated multi-asset broker for stocks, ETFs, mutual funds, bonds/CDs, options, cash management, managed portfolios, and sepa…

Watch out	Needs verification	Needs verification

Trust & regulation
Regulators	SoFi Securities LLC is FINRA/SIPC member; SoFi Wealth LLC is an SEC-registered investment adviser. Source	Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC. Source
License numbers	SoFi Securities LLC: CRD# 151717/SEC# 8-68389; SoFi Wealth LLC: CRD# 167958/SEC# 801-78185. Source	FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740. Source
Regulated entities	SoFi Invest is a trade name used by SoFi Wealth LLC and SoFi Securities LLC; SoFi Wealth provides robo/advisory services and SoFi Securities provides brokerage/self-directed services. Source	Primary securities brokerage entities are Fidelity Brokerage Services LLC (FBS) and National Financial Services LLC (NFS), each member NYSE/SIPC; advisory and crypto entities differ by product. Source
Negative balance protection	No negative-balance protection identified; SoFi margin disclosure warns it is possible to lose more than the initial investment when using margin. Source	Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations. Source
Investor compensation	SIPC up to $500,000 including $250,000 cash; not market-loss protection. Source	SIPC coverage up to $500,000/$250,000 cash plus Fidelity excess SIPC; FDIC sweep coverage may apply to eligible cash programs; important exclusions apply. Source
Restricted countries	Official public sources reviewed confirm U.S. state/territory registrations for SoFi Securities but do not provide a complete non-U.S. country restriction list for account opening. Source	U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found. Source

Trust & regulation

Regulators

SoFi Securities LLC is FINRA/SIPC member; SoFi Wealth LLC is an SEC-registered investment adviser.

Source

Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC.

Source

License numbers

SoFi Securities LLC: CRD# 151717/SEC# 8-68389; SoFi Wealth LLC: CRD# 167958/SEC# 801-78185.

Source

FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740.

Source

Regulated entities

SoFi Invest is a trade name used by SoFi Wealth LLC and SoFi Securities LLC; SoFi Wealth provides robo/advisory services and SoFi Securities provides brokerage/self-directed services.

Source

Primary securities brokerage entities are Fidelity Brokerage Services LLC (FBS) and National Financial Services LLC (NFS), each member NYSE/SIPC; advisory and crypto entities differ by product.

Source

Negative balance protection

No negative-balance protection identified; SoFi margin disclosure warns it is possible to lose more than the initial investment when using margin.

Source

Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations.

Source

Investor compensation

SIPC up to $500,000 including $250,000 cash; not market-loss protection.

Source

SIPC coverage up to $500,000/$250,000 cash plus Fidelity excess SIPC; FDIC sweep coverage may apply to eligible cash programs; important exclusions apply.

Source

Restricted countries

Official public sources reviewed confirm U.S. state/territory registrations for SoFi Securities but do not provide a complete non-U.S. country restriction list for account opening.

Source

U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found.

Source

Costs & account conditions
Minimum deposit	Self-Directed minimum to begin investing: $5; Robo-Advisor minimum to begin investing: $50. Source	$0 to open a retail brokerage account; Fidelity states no account minimum and ability to invest with as little as $1; exceptions apply by account/product. Source
Spread from	Not applicable: SoFi Invest is not presented as a forex/CFD spread broker in the researched official sources. Source	Not applicable to Fidelity's core U.S. stock/ETF brokerage model; securities trade by exchange/market prices rather than quoted CFD/FX spreads. Source
Commission	$0 commissions on U.S. stocks, ETFs and options; other/regulatory fees apply. Source	$0 online U.S. stock and ETF trades; $0 online options commission plus $0.65/contract; other product/service fees apply. Source
Maximum leverage	No maximum securities margin leverage ratio disclosed in the researched official pages; margin loans use tiered interest rates instead. Source	No universal maximum leverage ratio disclosed for Fidelity retail brokerage; margin borrowing is available subject to approval and margin requirements/rates rather than a single max leverage figure. Source
Deposit fee	Incoming ACAT $0; incoming wire $0; returned/insufficient funds $30. Source	$0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge. Source
Withdrawal fee	Outgoing ACAT $100; outgoing wire $25; DRS $115/security. Source	$0 Fidelity fee for EFT and domestic bank wire withdrawals; foreign exchange wire up to 3% of principal; receiving bank may charge. Source
Inactivity fee	$25 per account per 6 months of login inactivity. Source	No explicit inactivity-fee line found in official fee schedule; official account pages state no retail brokerage account fees/no account or subscription fees. Treat as needs manual confirmation before publishing as '$0 inactivity fee'. Source

Costs & account conditions

Minimum deposit

Self-Directed minimum to begin investing: $5; Robo-Advisor minimum to begin investing: $50.

Source

$0 to open a retail brokerage account; Fidelity states no account minimum and ability to invest with as little as $1; exceptions apply by account/product.

Source

Spread from

Not applicable: SoFi Invest is not presented as a forex/CFD spread broker in the researched official sources.

Source

Not applicable to Fidelity's core U.S. stock/ETF brokerage model; securities trade by exchange/market prices rather than quoted CFD/FX spreads.

Source

Commission

$0 commissions on U.S. stocks, ETFs and options; other/regulatory fees apply.

Source

$0 online U.S. stock and ETF trades; $0 online options commission plus $0.65/contract; other product/service fees apply.

Source

Maximum leverage

No maximum securities margin leverage ratio disclosed in the researched official pages; margin loans use tiered interest rates instead.

Source

No universal maximum leverage ratio disclosed for Fidelity retail brokerage; margin borrowing is available subject to approval and margin requirements/rates rather than a single max leverage figure.

Source

Deposit fee

Incoming ACAT $0; incoming wire $0; returned/insufficient funds $30.

Source

$0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge.

Source

Withdrawal fee

Outgoing ACAT $100; outgoing wire $25; DRS $115/security.

Source

$0 Fidelity fee for EFT and domestic bank wire withdrawals; foreign exchange wire up to 3% of principal; receiving bank may charge.

Source

Inactivity fee

$25 per account per 6 months of login inactivity.

Source

No explicit inactivity-fee line found in official fee schedule; official account pages state no retail brokerage account fees/no account or subscription fees. Treat as needs manual confirmation before publishing as '$0 inactivity fee'.

Source

Markets, platforms & payments
Tradable assets	Stocks, OTC securities, ETFs, options, IPOs, fractional shares, mutual funds, alternative/interval funds, private market funds/SPVs through Templum referral, and managed robo portfolios. Source	Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international. Source
Trading platforms	Trading via the SoFi app or website; app available on iOS and Android. Source	Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic. Source
Account types	Self-Directed includes Roth, Traditional, and SEP IRAs; Robo-Advisor includes Roth, Traditional, and SEP IRAs; Robo supports individual brokerage and retirement accounts. Source	Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts. Source
Deposit methods	Supported money movement includes incoming ACATs, incoming wires, and ACH/cash transfer from SoFi Bank accounts for eligible IRA contributions; other deposit methods not fully enumerated publicly. Source	EFT/ACH, bank wire, check/mobile check, direct deposit, recurring deposit, Fidelity-to-Fidelity/account transfer, transfer of assets, and eligible payment apps. Source
Withdrawal methods	Outgoing ACAT, outgoing wire, and DRS transfers are listed with fees; ACH withdrawal processing/details were not fully disclosed in public fee sources. Source	EFT/ACH, bank wire, paper check, Fidelity-to-Fidelity transfers, third-party/person-to-person transfers and eligible debit card/ATM access. Source
Withdrawal processing time	Public official sources reviewed did not disclose standard withdrawal processing times for SoFi Invest. Source	EFT withdrawals 1-3 business days; bank wire same day if submitted by 4 p.m. ET; paper check about 5-6 days. Source

Markets, platforms & payments

Tradable assets

Stocks, OTC securities, ETFs, options, IPOs, fractional shares, mutual funds, alternative/interval funds, private market funds/SPVs through Templum referral, and managed robo portfolios.

Source

Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international.

Source

Trading platforms

Trading via the SoFi app or website; app available on iOS and Android.

Source

Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic.

Source

Account types

Self-Directed includes Roth, Traditional, and SEP IRAs; Robo-Advisor includes Roth, Traditional, and SEP IRAs; Robo supports individual brokerage and retirement accounts.

Source

Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts.

Source

Deposit methods

Supported money movement includes incoming ACATs, incoming wires, and ACH/cash transfer from SoFi Bank accounts for eligible IRA contributions; other deposit methods not fully enumerated publicly.

Source

EFT/ACH, bank wire, check/mobile check, direct deposit, recurring deposit, Fidelity-to-Fidelity/account transfer, transfer of assets, and eligible payment apps.

Source

Withdrawal methods

Outgoing ACAT, outgoing wire, and DRS transfers are listed with fees; ACH withdrawal processing/details were not fully disclosed in public fee sources.

Source

EFT/ACH, bank wire, paper check, Fidelity-to-Fidelity transfers, third-party/person-to-person transfers and eligible debit card/ATM access.

Source

Withdrawal processing time

Public official sources reviewed did not disclose standard withdrawal processing times for SoFi Invest.

Source

EFT withdrawals 1-3 business days; bank wire same day if submitted by 4 p.m. ET; paper check about 5-6 days.

Source

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