E*TRADE
SoFi Invest
VS
Higher Rated
E*TRADE
Capital at risk · T&Cs apply
Choosing between E*TRADE and SoFi Invest depends on your trading style, preferred markets, and budget. E*TRADE is headquartered in Arlington, USA, while SoFi Invest operates from San Francisco, USA. E*TRADE has the longer track record, established in 1982, compared to SoFi Invest which was founded in 2012. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
E*TRADE
SoFi Invest
| E*TRADE | SoFi Invest | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $1 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:4 ✓ | 1:1 |
| Regulation | SEC, CFTC ✓ | SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
E*TRADE is the better choice overall, scoring 3.6/5 vs 3.3/5 on BrokerRank's independent rating. On fees, E*TRADE offers lower spreads (0 pips).
See full side-by-side comparison belowE*TRADE
WinnerSoFi Invest
E*TRADE
SoFi Invest
E*TRADE holds licences from SEC, CFTC. SoFi Invest is regulated by SEC.
Both brokers offer access to Stocks, Indices markets. E*TRADE additionally covers Commodities. SoFi Invest adds Crypto.
E*TRADE supports Proprietary Web, Proprietary Mobile. SoFi Invest offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
E*TRADE requires no minimum deposit, while SoFi Invest sets a minimum deposit of $1. This makes E*TRADE accessible to traders with any budget.
BrokerRank scores E*TRADE at 3.60/5 and SoFi Invest at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. E*TRADE leads overall with a clear advantage.
E*TRADE
3.6/5
Choose E*TRADE if you want…
SoFi Invest
3.3/5
Choose SoFi Invest if you want…
Similar strengths to E*TRADE — compare below.
E*TRADE scores higher overall on our independent rating system. E*TRADE holds a 3.6/5 rating vs SoFi Invest's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
E*TRADE offers spreads from 0 pips, while SoFi Invest starts at 0 pips. Check the fees section above for a full breakdown.
E*TRADE requires a minimum deposit of $0. SoFi Invest requires $1.
E*TRADE is regulated by SEC, CFTC, while SoFi Invest holds licences from SEC.
E*TRADE supports Proprietary Web, Proprietary Mobile. SoFi Invest supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.