HFM vs SoFi Invest 2026: Which Broker is Better?
Choosing between HFM and SoFi Invest depends on your trading style, preferred markets, and budget. HFM is headquartered in Limassol, Cyprus, while SoFi Invest operates from San Francisco, USA. HFM has the longer track record, established in 2010, 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.
HFM
SoFi Invest
| HFM | SoFi Invest | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.3/5 |
| Min. Deposit | $5 | $1 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2000 ✓ | 1:1 |
| Regulation | FCA, CySEC, FSCA ✓ | SEC |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
HFM is the better choice overall, scoring 3.8/5 vs 3.3/5 on BrokerRank's independent rating. On fees, HFM offers lower spreads (0 pips).
See full side-by-side comparison belowHFM vs SoFi Invest: Key Differences
HFM
SoFi Invest
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Fees Comparison
HFM
SoFi Invest
Lower feesRegulation & Trust
HFM holds licences from FCA, CySEC, FSCA. SoFi Invest is regulated by SEC.
Markets & Assets
Both brokers offer access to Stocks, Indices markets. HFM additionally covers Forex, Cfd, Commodities. SoFi Invest adds Crypto.
Trading Platforms
HFM supports MT4, MT5, Proprietary Mobile. SoFi Invest offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Minimum Deposit
HFM requires a minimum deposit of $5, while SoFi Invest sets a minimum deposit of $1. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores HFM at 3.78/5 and SoFi Invest at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. HFM leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
HFM
3.8/5
Choose HFM if you want…
- Higher overall rating (3.8/5)
- Higher leverage (up to 1:2000)
- More regulatory licences (3)
- More market types (6)
SoFi Invest
3.3/5
Choose SoFi Invest if you want…
- 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 HFM better than SoFi Invest?
HFM scores higher overall on our independent rating system. HFM holds a 3.8/5 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, HFM or SoFi Invest?
HFM 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 HFM vs SoFi Invest?
HFM requires a minimum deposit of $5. SoFi Invest requires $1.
4Which broker is safer, HFM or SoFi Invest?
HFM is regulated by FCA, CySEC, FSCA, while SoFi Invest holds licences from SEC.
5What trading platforms do HFM and SoFi Invest support?
HFM supports MT4, MT5, Proprietary Mobile. SoFi Invest supports Proprietary Web, Proprietary Mobile.
6Can I use both HFM and SoFi Invest?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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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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