Monex vs SoFi Invest 2026: Which Broker is Better?
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 | 3.5/5 ✓ | 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 3.5/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Monex offers lower spreads (0 pips).
See full side-by-side comparison belowMonex vs SoFi Invest: Key Differences
Monex
WinnerSoFi Invest
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Fees Comparison
Monex
SoFi Invest
Lower feesRegulation & Trust
Monex holds licences from SEC, FSA. SoFi Invest is regulated by SEC.
Markets & Assets
Both brokers offer access to Stocks, Crypto markets. Monex additionally covers Etf, Forex. SoFi Invest adds Indices.
Trading Platforms
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. SoFi Invest offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Monex requires no minimum deposit, while SoFi Invest sets a minimum deposit of $1. This makes Monex accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Monex
3.5/5
Choose Monex if you want…
- Higher overall rating (3.5/5)
- No minimum deposit
- Higher leverage (up to 1:3)
- More regulatory licences (2)
SoFi Invest
3.3/5
Choose SoFi Invest if you want…
- No per-trade commission
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 Monex better than SoFi Invest?
Monex scores higher overall on our independent rating system. Monex holds a 3.5/5 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, Monex or SoFi Invest?
Monex 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 Monex vs SoFi Invest?
Monex requires a minimum deposit of $0. SoFi Invest requires $1.
4Which broker is safer, Monex or SoFi Invest?
Monex is regulated by FSA, SEC, while SoFi Invest holds licences from SEC.
5What trading platforms do Monex and SoFi Invest support?
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. SoFi Invest supports Proprietary Web, Proprietary Mobile.
6Can I use both Monex 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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