Fidelity vs SoFi Invest 2026: Which Broker is Better?
Choosing between Fidelity and SoFi Invest depends on your trading style, preferred markets, and budget. Fidelity is headquartered in Boston, USA, while SoFi Invest operates from San Francisco, USA. Fidelity has the longer track record, established in 1946, 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.
Fidelity
SoFi Invest
| Fidelity | SoFi Invest | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $1 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 ✓ | 1:1 |
| Regulation | SEC, CFTC ✓ | SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Fidelity is the better choice overall, scoring 3.6/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowFidelity vs SoFi Invest: Key Differences
Fidelity
WinnerSoFi Invest
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Fees Comparison
Fidelity
SoFi Invest
Regulation & Trust
Fidelity holds licences from SEC, CFTC. SoFi Invest is regulated by SEC.
Markets & Assets
Both brokers offer access to Stocks, Indices markets. Fidelity additionally covers Commodities. SoFi Invest adds Crypto.
Trading Platforms
Fidelity supports Proprietary Web, Proprietary Mobile. SoFi Invest offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Fidelity requires no minimum deposit, while SoFi Invest sets a minimum deposit of $1. This makes Fidelity accessible to traders with any budget.
Overall Ratings
BrokerRank scores Fidelity at 3.58/5 and SoFi Invest at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Fidelity leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Fidelity
3.6/5
Choose Fidelity if you want…
- Higher overall rating (3.6/5)
- No minimum deposit
- Higher leverage (up to 1:2)
- More regulatory licences (2)
SoFi Invest
3.3/5
Choose SoFi Invest if you want…
Similar strengths to Fidelity — compare below.
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Fidelity & SoFi Invest are available in
Frequently Asked Questions
1Is Fidelity better than SoFi Invest?
Fidelity scores higher overall on our independent rating system. Fidelity 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.
2Which has lower fees, Fidelity or SoFi Invest?
Fidelity offers spreads from 0 pips, while SoFi Invest starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Fidelity vs SoFi Invest?
Fidelity requires a minimum deposit of $0. SoFi Invest requires $1.
4Which broker is safer, Fidelity or SoFi Invest?
Fidelity is regulated by SEC, CFTC, while SoFi Invest holds licences from SEC.
5What trading platforms do Fidelity and SoFi Invest support?
Fidelity supports Proprietary Web, Proprietary Mobile. SoFi Invest supports Proprietary Web, Proprietary Mobile.
6Can I use both Fidelity and SoFi Invest?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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