Questrade
SoFi Invest
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Questrade
Capital at risk · T&Cs apply
Choosing between Questrade and SoFi Invest depends on your trading style, preferred markets, and budget. Questrade is headquartered in Toronto, Canada, while SoFi Invest operates from San Francisco, USA. Questrade 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.
Questrade
SoFi Invest
Questrade (3.3/5) and SoFi Invest (3.3/5) are closely matched. Questrade has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowOverall Rating
Tied
3.3 vs 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
Tied
1 vs 1 licences
Min. Deposit
SoFi Invest
$1000 vs $1
Questrade
SoFi Invest
WinnerQuestrade
SoFi Invest
Lower feesQuestrade holds licences from SEC. SoFi Invest is regulated by SEC.
Both brokers offer access to Stocks, Indices markets. Questrade additionally covers Forex, Commodities. SoFi Invest adds Crypto.
Questrade supports Proprietary Web, Proprietary Mobile. SoFi Invest offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Questrade requires a minimum deposit of $1,000, while SoFi Invest sets a minimum deposit of $1. Both are suitable for traders with moderate starting capital.
BrokerRank scores Questrade at 3.33/5 and SoFi Invest at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Questrade leads overall with a marginal advantage.
Questrade (3.3/5) and SoFi Invest (3.3/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
Questrade offers spreads from 0 pips, while SoFi Invest starts at 0 pips. Check the fees section above for a full breakdown.
Questrade requires a minimum deposit of $1000. SoFi Invest requires $1.
Questrade is regulated by SEC, while SoFi Invest holds licences from SEC.
Questrade supports Proprietary Web, Proprietary Mobile. 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.