FXTM vs SoFi Invest 2026: Which Broker is Better?
Choosing between FXTM and SoFi Invest depends on your trading style, preferred markets, and budget. FXTM is headquartered in Limassol, Cyprus, while SoFi Invest operates from San Francisco, USA. FXTM has the longer track record, established in 2011, 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.
FXTM
SoFi Invest
| FXTM | SoFi Invest | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.3/5 |
| Min. Deposit | $10 | $1 ✓ |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:2000 ✓ | 1:1 |
| Regulation | FCA, CySEC, FSCA ✓ | SEC |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
FXTM is the better choice overall, scoring 3.6/5 vs 3.3/5 on BrokerRank's independent rating. On fees, SoFi Invest offers lower spreads (0 pips).
See full side-by-side comparison belowFXTM vs SoFi Invest: Key Differences
FXTM
SoFi Invest
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Fees Comparison
FXTM
SoFi Invest
Lower feesRegulation & Trust
FXTM holds licences from FCA, CySEC, FSCA. SoFi Invest is regulated by SEC.
Markets & Assets
Both brokers offer access to Stocks, Indices markets. FXTM additionally covers Forex, Cfd, Commodities. SoFi Invest adds Crypto.
Fees & Spreads
On spreads, SoFi Invest is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at FXTM.
Trading Platforms
FXTM supports MT4, MT5. SoFi Invest offers Proprietary Web, Proprietary Mobile.
Minimum Deposit
FXTM requires a minimum deposit of $10, while SoFi Invest sets a minimum deposit of $1. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores FXTM at 3.59/5 and SoFi Invest at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FXTM leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
FXTM
3.6/5
Choose FXTM if you want…
- Higher overall rating (3.6/5)
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
- More market types (5)
SoFi Invest
3.3/5
Choose SoFi Invest if you want…
- Tighter spreads (from 0 pips)
- No per-trade commission
- Lower minimum deposit ($1)
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.
Frequently Asked Questions
1Is FXTM better than SoFi Invest?
FXTM scores higher overall on our independent rating system. FXTM 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, FXTM or SoFi Invest?
FXTM offers spreads from 0.1 pips, while SoFi Invest starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXTM vs SoFi Invest?
FXTM requires a minimum deposit of $10. SoFi Invest requires $1.
4Which broker is safer, FXTM or SoFi Invest?
FXTM is regulated by FCA, CySEC, FSCA, while SoFi Invest holds licences from SEC.
5What trading platforms do FXTM and SoFi Invest support?
FXTM supports MT4, MT5. SoFi Invest supports Proprietary Web, Proprietary Mobile.
6Can I use both FXTM 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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