Monex
SoFi Invest
VS
Higher Rated
Monex
Capital at risk · T&Cs apply
Choosing between Monex and SoFi Invest depends on your trading style, preferred markets, and budget. Monex is headquartered in Tokyo, Japan, while SoFi Invest operates from San Francisco, USA. Monex has the longer track record, established in 1999, 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.
Monex
SoFi Invest
| Monex | SoFi Invest | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $1 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:3 ✓ | 1:1 |
| Regulation | FSA, SEC ✓ | SEC |
| Platforms | Proprietary Web, Proprietary Mobile, TradeStation JP | Proprietary Web, Proprietary Mobile |
Monex is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowMonex
WinnerSoFi Invest
Monex
SoFi Invest
Lower feesMonex holds licences from SEC, FSA. SoFi Invest is regulated by SEC.
Both brokers offer access to Stocks, Crypto markets. Monex additionally covers Etf, Forex. SoFi Invest adds Indices.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. SoFi Invest offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Monex requires no minimum deposit, while SoFi Invest sets a minimum deposit of $1. This makes Monex accessible to traders with any budget.
BrokerRank scores Monex at 3.42/5 and SoFi Invest at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Monex leads overall with a clear advantage.
Monex
3.4/5
Choose Monex if you want…
SoFi Invest
3.3/5
Choose SoFi Invest if you want…
Monex scores higher overall on our independent rating system. Monex holds a 3.4/5 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.
Monex offers spreads from 0 pips, while SoFi Invest starts at 0 pips. Check the fees section above for a full breakdown.
Monex requires a minimum deposit of $0. SoFi Invest requires $1.
Monex is regulated by FSA, SEC, while SoFi Invest holds licences from SEC.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.