Stock Commission: $0.00
Minimum to open an account: $0.00
More than 4,000 stocks and ETFs are available for purchase as fractional shares with a minimum $5.00 purchase.
Offers dividend reinvestment fractional share purchases: Yes
Automated Investing Fee: 0.25%
Automated Investing Minimum: $1.00
Offers IPO Access to Retail Investors: Yes
Margin Interest Rate: 10.00%
Uninvested cash earns: 0.01% APY
Account Transfer or Closeout Fee: $75.00
SoFi will cover up to $75 of any ACAT Outgoing Fees you may incur from your current brokerage firm as long as the transfer is for $5,000 or more. Once the transfer is successfully completed, you can request the reimbursement.
New unlimited 1% match on recurring deposits to SoFi Invest for Plus Members. This includes IRAs and taxable, automated and active accounts. SoFi Plus requires SoFi checking and savings accounts with monthly direct deposits of any amount.
For a limited time only, 401k, 403b or 457b transfers into your SoFi IRA will earn you a 1% bonus, starting on July 1, 2024 until September 15, 2024.
For a limited time only, brokerage transfers into SoFi will earn you a 1% bonus uncapped if you transfer at least $20,000 starting on March 17, 2025 until April 17, 2025 before April 17, 2025 and keep the investments in your active invest account through December 31, 2025.
Current Bonus Offers
Managed Investments
| Investment |
Expense Ratio |
Ticker |
Minimum |
Type |
Category |
|
SoFi Select 500 |
0.05% |
SFY |
$0 |
ETF |
IndexLargeCap |
|
SoFi Next 500 |
0.06% |
SFYX |
$0 |
ETF |
IndexMidCap |
Past Bonus Offers
|
Bonus Offer |
Monthly Fees |
Start Date |
End Date |
Offer Details |
| SoFi - 2024 IRA Match | $70 if you complete $7,000.00 in deposits. | | May 15, 2024 | Apr 15, 2025 | Details | | SoFi - ACAT Transfer | $100 if you complete $5,000.00 in deposits. | | Apr 16, 2024 | Dec 31, 2024 | Details | | SoFi - 401k Rollover | $200 if you complete $20,000.00 in deposits. | | Jul 1, 2024 | Sep 15, 2024 | Details | | SoFi - Active Invest | $25 if you complete $10.00 in deposits. | | | Aug 31, 2024 | Details | | SoFi - ACAT Transfer | $25 if you complete $1,000.00 in deposits. | | | Apr 17, 2024 | Details | | SoFi - 2024 IRA Match | $140 if you complete $7,000.00 in deposits. | | Jan 1, 2024 | Apr 15, 2024 | Details | | SoFi - 2023 IRA Match | $130 if you complete $6,500.00 in deposits. | | Jan 1, 2023 | Apr 15, 2024 | Details |
BankMindful.com is an independent publisher and comparison service. The content on Bank Mindful is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. We do our best to keep information updated, however, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. BankMindful may not include all companies or all available products.
|
