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SoFi Invest: Platform Profile

Platform profileUpdated 2026-09-15

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SoFi Invest has become much broader than the low-cost stock-trading app it was several years ago. A single SoFi relationship can now include self-directed stocks and ETFs, options, mutual funds, IPO access, automated portfolios, retirement accounts, direct cryptocurrency and several forms of private-market exposure.

That breadth comes with an important complication: SoFi Invest is not one regulated entity.

Self-directed securities are offered through SoFi Securities LLC. Robo-advisory services are provided by SoFi Wealth LLC. Direct cryptocurrency is offered by SoFi Bank, N.A. Private-company and private-fund access can involve outside providers such as Templum.

Those legal distinctions determine which protections apply.

May fit better for

investors who want brokerage and robo investing in one ecosystem
investors already using other SoFi financial products
investors interested in IPO or private-market access
investors wanting direct crypto alongside conventional investments
IRA investors who want self-directed or automated management

May fit less well for

investors who want the deepest active-trading platform
investors who want a zero-fee robo-advisor
investors who dislike product-specific legal entities
investors who want inexpensive private-market transactions
investors who want futures or conventional retail forex

What SoFi Invest actually includes

SoFi Invest is a trade name covering two principal securities businesses.

SoFi Securities LLC

Legal name: SoFi Securities LLC
CRD: 151717
SEC: 8-68389
FINRA member: yes
SIPC member: yes

SoFi Securities provides:

self-directed brokerage
stocks
ETFs
options
mutual funds
IPO access
fractional shares
applicable private-market securities

Clearing and custody of conventional securities are provided through Apex Clearing Corporation under the current SoFi disclosure structure.

SoFi Wealth LLC

Legal name: SoFi Wealth LLC
CRD: 167958
SEC: 801-78185
Registration: SEC-registered investment adviser

SoFi Wealth provides Robo Investing.

SoFi Bank, N.A.

Direct SoFi Crypto is offered by SoFi Bank, N.A.

That does not make cryptocurrency a bank deposit.

Crypto is not:

FDIC insured
SIPC protected
bank guaranteed

SoFi Bank's banking status must never be used to imply protection of digital-asset value.

Self-directed investing

Current minimum: $5.

SoFi offers $0 online commissions on eligible stock and ETF trades.

The product includes:

U.S. stocks
ETFs
fractional shares
mutual funds
options
retirement brokerage
IPO participation
alternative/private-market investments

Fractional trading is available on eligible securities, with $5 being an important current operational threshold for fractional transactions.

Mutual funds are not universally commission-free

SoFi's current fee disclosures distinguish ordinary mutual funds from interval funds.

Current transaction pricing includes:

Transaction	Fee
Ordinary mutual fund purchase	0.20%, capped at $20 per transaction
Interval fund purchase	2.00%

That distinction belongs in the review because a platform advertised around commission-free stock trading can still impose meaningful transaction costs on other investment structures.

Interval-fund fee example

If the current 2% transaction fee applies:

$500 purchase → $10
$2,500 purchase → $50
$10,000 purchase → $200

This is a transaction-cost illustration only. It does not include a fund's internal expenses.

Inactivity fee

SoFi states that an inactivity fee may apply when the customer does not log into the account for at least six months.

A login is sufficient to avoid the inactivity condition; trading is not required.

Options

SoFi supports options trading in eligible self-directed brokerage accounts, including eligible self-directed IRAs.

Headline commission: $0 base options commission.

Exchange, regulatory and other contract-related charges can still apply.

Options trading is not literally costless.

Robo Investing

Current SoFi Robo Investing:

Provider: SoFi Wealth LLC
Minimum: $50
Annual advisory fee: 0.25%
Automatic rebalancing: yes

Available account types include:

individual taxable brokerage
Traditional IRA
Roth IRA
SEP IRA

SoFi's robo-advisor monitors portfolios and rebalances as needed.

Fund expenses remain separate from the advisory fee.

Robo fee math

At 0.25% annually:

Balance	Illustrative annual advisory fee
$1,000	$2.50
$10,000	$25
$50,000	$125
$100,000	$250
$250,000	$625

These figures illustrate the advisory fee only.

They exclude ETF/fund expenses and other applicable account costs.

Human financial planning

SoFi offers access to financial planners as part of its broader member ecosystem.

Not every Robo Investing account receives continuous individualized portfolio management from a human CFP.

The robo product remains automated.

A complimentary planning session is different from an ongoing human-managed advisory relationship.

Retirement accounts

SoFi currently supports:

Traditional IRA
Roth IRA
Rollover IRA
SEP IRA

Self-directed and automated management styles are available for applicable IRA types.

Current SoFi materials also describe a 1% match on eligible IRA contributions and qualifying rollovers, subject to holding and promotional terms.

The match is a dated current feature, not an investment return.

Direct cryptocurrency

Direct crypto is now a distinct SoFi Bank product.

Current supported asset count: 28, as of 2026-09-04.

Current examples include:

BTC
ETH
XRP
SOL
USDC
DOGE
ADA
LINK
AVAX
LTC
additional supported assets

SoFi now uses a volume-tiered crypto trading fee. As of September 9, 2026, the published tiers range from 1.90% for monthly crypto buy/sell volume below $1,000 to 0.90% at $10,000 or more. The applicable trading fee is built into the displayed price.

The quoted execution price can also differ due to market movement/spread mechanics.

The stated trading fee is not necessarily the only execution cost. SoFi says orders entered by crypto amount may also include a spread of up to 0.10%, with the trading fee and any spread shown on the Review screen before the order is placed.

Crypto deposits are $0 from SoFi, although blockchain network costs can be borne elsewhere in the transaction.

SoFiUSD is not a bank deposit

SoFi's payment stablecoin should be treated separately from ordinary checking/savings balances.

SOFID/SOFIUSD is not FDIC insured.

Its intended 1:1 relationship with the dollar does not eliminate:

blockchain risk
redemption risk
operational risk
loss risk

IPO access

SoFi Securities gives eligible self-directed investors access to available IPO allocations.

There is no guarantee an indication of interest results in shares.

High-demand offerings can produce:

no allocation
partial allocation
smaller-than-requested allocations

IPO access is not guaranteed.

Private markets have become material

SoFi now provides several private-market routes.

Current exposure can include:

venture capital
private equity
private credit
real estate/real assets
alternative asset managers
private companies
interval/registered alternative funds
SPVs

Two different access models must be distinguished.

Templum private offerings

SoFi Securities has a referral arrangement with Templum Markets.

Certain private-company SPVs and funds require accredited-investor qualification.

Current disclosed purchase fees can be as high as:

Templum SPV purchase fee: up to 6%
Templum fund purchase fee: up to 3.5%

Templum can pay SoFi a percentage of the fee charged to the referred investor, creating a disclosed referral conflict.

That materially changes the economics.

New 2026 fund access

Current 2026 additions include funds associated with CAZ Investments and AngelList Asset Management.

Examples include:

CAZ GP Stakes Fund
CAZ Strategic Opportunities Fund
USVC Venture Capital Access Fund

Current stated minimums:

USVC minimum: $500
CAZ fund minimum: $2,500

Those minimums are specific to those funds and do not generalize to every SoFi private-market investment.

Some private funds intend to provide periodic limited repurchase opportunities.

That is not daily liquidity and is not guaranteed.

Investor protection

Securities brokerage

SoFi Securities is a FINRA/SIPC broker-dealer.

SIPC does not protect against market losses.

Robo accounts

Securities custody follows the brokerage/custody structure; advisory registration does not guarantee portfolio performance.

Crypto

No SIPC.

No FDIC insurance on digital-asset value.

Private investments

No FDIC protection and no guarantee against loss.

Some private investments may be highly illiquid and capable of total loss.

SoFi assessment

SoFi's strongest differentiator is breadth.

It can now cover:

self-directed brokerage
retirement
robo investing
direct crypto
IPOs
private markets

inside one consumer ecosystem.

That breadth also means the investor must pay attention to which SoFi entity is providing each product.

The conventional brokerage may be inexpensive. The robo service charges 0.25%. Crypto uses a volume-tiered trading-fee schedule, with the applicable rate depending on qualifying monthly trading volume. Some private-market access can carry purchase fees of several percentage points.

"SoFi Invest is low cost" is therefore too broad a conclusion.

Cost depends heavily on which part of the platform is being used.

General information

Legal entity	SoFi Technologies, Inc.
Website	https://www.sofi.com/invest/
Headquarters	United States
Ownership	SoFi Technologies, Inc. is publicly traded on Nasdaq under ticker SOFI. Self-directed securities are offered through SoFi Securities LLC, robo-advisory through SoFi Wealth LLC and direct crypto through SoFi Bank, N.A.
Availability	United States
Available to US investors	Yes

Investment types available

Etfs	Yes
Stocks	Yes
Futures	No
Options	Yes
Ipo access	Yes
Fixed income	Yes
Mutual funds	Yes
Direct crypto	Yes
Private credit	Yes
Private equity	Yes
Private markets	Yes
Venture capital	Yes
Fractional shares	Yes
Retail spot forex	No
Prediction markets	No
Private real assets	Yes
Minimum fractional stock etf purchase	$5 minimum for an eligible fractional stock purchase (Stock Bit).

Eligibility and access

Robo minimum	$50
Usvc minimum	$500
Us availability	United States
Caz fund minimum	$2,500
Accredited required	No
Self directed minimum	$5
Accredited required for	Certain Templum private-company SPVs and funds require accredited-investor qualification

Costs and minimums

Cash apy	SoFi Savings currently publishes 3.10% APY with eligible direct deposit or $5,000 in qualifying deposits every 31 days, and 0.80% APY otherwise. Rates are variable and SoFi identifies these rates as current as of May 28, 2026. Paid SoFi Plus currently publishes 4.50% APY on up to $20,000 in one Savings account and 3.10% on other Savings balances. A current new-member promotion can add 0.90 percentage point to the 3.10% tier for up to six months, producing up to 4.00%, subject to the September 3–December 31, 2026 enrollment and qualification terms. Do not assume the Plus rate and promotional boost stack.
Advisory fee	0.25% annual advisory fee for Robo Investing.
Inactivity fee	May apply when the customer does not log into the account for at least six months; exact amount not established in the current canonical source set
Ira annual fee	Self-directed IRA: $0 annual account fee. Robo IRA: 0.25% annual advisory fee. SoFi's current fee schedule also lists a $100 IRA closing fee that may be assessed when the account balance drops below $100.
Cash account fee	$0 ordinary SoFi Checking & Savings account/service/maintenance fee. SoFi Plus is optional and currently costs $10/month if used for the enhanced Savings APY. Separate transaction fees can apply to services such as certain outgoing wires, instant transfers or remittances.
Ira cost summary	Self-Directed Investing has no management fee and charges $0 commission for standard online stock and ETF trades; regulatory, product, and fund costs can still apply. Robo Investing charges a 0.25% annual advisory fee, and underlying fund expenses and separately billed brokerage costs can apply.
Crypto deposit fee	$0 from SoFi; blockchain network costs can be borne elsewhere in the transaction
Managed cash yield	No robo-portfolio cash APY is published. Separate SoFi banking or brokerage cash products should not be presented as the managed portfolio's yield.
Crypto buy sell fee	Tiered by monthly crypto buy/sell volume: 1.90%, 1.50%, 1.25%, or 0.90%.
Stock etf commission	$0 online commissions on eligible trades
Incoming rollover fee	SoFi does not list a fee to receive an eligible ACATS transfer or Capitalize-assisted workplace-plan rollover. The releasing firm or plan may charge its own fee.
Ira minimum to invest	Self-directed IRA: $5 minimum to begin investing. Robo IRA: $50 minimum to begin investing.
Managed account minimum	$50.
Options base commission	$0, with exchange, regulatory and other contract-related charges still applying
Robo annual advisory fee	0.25%
Templum spv purchase fee	up to 6%
Underlying fund expenses	Underlying fund expenses are separate from the 0.25% robo advisory fee and vary by the portfolio holdings.
Managed minimum to invest	$50.
Templum fund purchase fee	up to 3.5%
Interval fund purchase fee	2.00%
Full account transfer out fee	SoFi charges $100 for a full or partial outgoing ACATS transfer. If assets earned a promotion, an additional early-withdrawal fee can reclaim some or all of the match during the holding period. The promotional recapture is conditional and should not be combined with the standard transfer fee.
Crypto buy sell fee fact checked	2026-09-09
Ordinary mutual fund purchase fee	0.20%, capped at $20 per transaction

Account types

Hsa	No
SEP IRA	Yes
Roth IRA	Yes
Ira match	SoFi currently offers a 1% match on eligible IRA cash contributions made by ACH or eligible SoFi Bank transfer into self-directed or Robo IRAs, excluding SEP IRAs. Eligible matched deposits generally must remain in the account for five years to avoid an early withdrawal fee. A separate 1% match applies to qualifying 401(k) rollovers completed through Capitalize into eligible Traditional or Roth IRAs.
Cash access	Full bank-account access is available through SoFi's banking platform, including ACH transfers and other supported bank-transfer methods. Zelle, wires and other transfer features are subject to their own eligibility, dollar and timing limits.
Rollover ira	Yes
Cash sweep note	Brokerage cash sweep: eligible uninvested brokerage cash may be swept by Apex to program banks and may earn variable interest. The brokerage-sweep APY can change daily without notice; no fixed current APY is published here. Swept deposits may be eligible for FDIC insurance at program banks; before sweep, applicable brokerage cash follows SIPC rules.
Traditional IRA	Yes
Customer service	Customer support is available by phone at 855-456-7634 and through chat. SoFi publishes support hours of Monday through Thursday from 5 a.m. to 7 p.m. PT and Friday through Sunday from 5 a.m. to 5 p.m. PT. Investment specialists can also be reached at 855-525-7634 for trading assistance.
Cash account type	Direct bank-deposit checking and savings accounts at SoFi Bank, N.A., Member FDIC. For this roundup the yield-bearing product is SoFi Savings; it is not the Apex brokerage cash sweep used by SoFi Invest.
Cash product name	SoFi Checking and Savings — SoFi Savings.
Cash card features	SoFi Checking & Savings provides checking-linked debit-card access, routing/account numbers, bill-pay/payment functionality, Zelle support and access to the Allpoint ATM network. Card spending and ATM functionality are primarily checking-account features paired with the Savings account.
Cash fdic coverage	Deposits directly at SoFi Bank, N.A. are FDIC-insured up to the standard $250,000 per depositor, per insured bank, per ownership category, subject to aggregation. Eligible customers can opt into SoFi's SoFi Insured Deposit Program for aggregate program coverage up to the currently published $3 million limit through participating banks, subject to program terms and each bank's FDIC limit.
Ira cash treatment	Eligible SoFi brokerage cash can use the brokerage cash-sweep program, subject to account eligibility and enrollment. Cash that reaches a program bank can receive FDIC insurance within applicable limits and is not SIPC-protected there; cash that remains at SoFi Securities or Apex follows brokerage cash treatment. SoFi Bank account rates do not automatically apply to an IRA.
Robo account types	Individual taxable brokerage, Traditional IRA, Roth IRA, SEP IRA
Cash bank structure	Direct SoFi Bank deposit account. The optional SoFi Insured Deposit Program can distribute eligible balances to participating banks to expand aggregate FDIC capacity. This is not the SoFi Invest/Apex brokerage cash sweep.
Ira to ira transfer	Eligible IRA assets can be transferred to the corresponding SoFi IRA through ACATS. Supported whole securities may transfer in kind; fractional shares and unsupported assets can require liquidation or separate handling.
Rollover assistance	SoFi offers an online rollover workflow through Capitalize for eligible old workplace plans, plus SoFi Invest phone and chat support. The Capitalize service describes the process.
Cash opening minimum	No separate dollar opening-deposit requirement is stated in the current SoFi Checking & Savings product/rate disclosures reviewed September 10, 2026; SoFi states there is no minimum balance requirement. Preserve this as a dated research-status value rather than inventing an opening amount.
Cash rate conditions	Standard 3.10% Savings APY requires either eligible direct deposit or at least $5,000 in qualifying deposits during each 31-day evaluation period; otherwise the standard Savings rate is 0.80%. SoFi Plus uses separate paid-membership terms. The current new-member promotional boost has its own enrollment, qualification and duration rules and should not be treated as the permanent base rate.
Ira investment lineup	A SoFi Self-Directed IRA can hold eligible stocks, ETFs, fractional shares, and listed options with approval. A SoFi Robo IRA instead holds and manages an eligible ETF portfolio. SoFi Crypto is separate from both and should not be treated as an IRA asset.
Cash presweep treatment	Not applicable as a brokerage pre-sweep for the ordinary SoFi Bank account. This is a direct bank deposit product; SIPC should not be shown as the protection regime for SoFi Checking & Savings. Optional SIDP deposits remain governed by FDIC/program-bank terms.
Managed account product	SoFi Robo Investing
Roth conversion support	Supported — SoFi permits a Traditional IRA-to-Roth IRA conversion; the current workflow directs clients to contact SoFi by phone or chat to request the conversion.
Workplace plan rollover	SoFi supports eligible rollovers from old 401(k), 403(b), and governmental 457(b) plans through its Capitalize-assisted workflow into an eligible SoFi Traditional or Roth IRA. Plan and receiving-account eligibility still apply.
Cash qualifying activity	To receive the standard 3.10% Savings APY, maintain eligible direct deposit (SoFi does not require a minimum direct-deposit dollar amount for this route) or make at least $5,000 in qualifying deposits every 31 days. The current new-member promotional boost requires the applicable qualification within the offer window and ongoing qualification under its terms. SoFi Plus uses a separate paid-membership qualification.
Managed ira availability	Both self-directed and Robo IRA structures are available; the current 1% IRA contribution match applies to eligible self-directed or Robo IRAs but excludes SEP IRAs.
Retirement accounts note	Traditional, Roth and SEP IRAs are supported.
Cash product availability	SoFi Checking and Savings is currently open to eligible new customers. Opening the product creates both Checking and Savings accounts under the current SoFi Bank structure.
Cash rate minimum balance	No maintained balance minimum is required for the standard account. The 3.10% standard rate is activity-qualified rather than balance-qualified; the alternative qualifying-deposit method requires $5,000 in qualifying deposits during each 31-day period.

Platform and trading features

Glidepath	Goal and time-horizon inputs affect the recommended allocation. No universal automatic age-based glidepath is published for all SoFi Robo Investing accounts.
Ipo access	Eligible self-directed investors can indicate interest; allocations are not guaranteed and can be partial or zero
Mobile app	The SoFi app supports self-directed stock and ETF trading, account monitoring, order management, and transfers.
Robo advisor	Yes
Web platform	SoFi Active Investing is available through a web browser. SoFi does not document a separate downloadable desktop trading platform.
Direct indexing	No direct-indexing or stock-level tax-harvesting feature is documented for SoFi Robo Investing.
Account structure	Hybrid — self-directed brokerage through SoFi Securities LLC plus separate Robo Investing/advisory services through SoFi Wealth LLC. Crypto is a separate SoFi Bank, N.A. product.
Fractional shares	Available on eligible securities; $5 is a current operational threshold for fractional transactions
Recurring investing	Yes — eligible fractional stocks/ETFs; scheduled dollar-based purchases.
Tax loss harvesting	No — SoFi states that Robo Investing does not currently include tax-loss harvesting as part of automatic rebalancing.
Human advisor access	Access to SoFi financial-planning professionals is included; current robo materials advertise access to licensed financial advisors and a complimentary 30-minute financial-planner session. This is not a dedicated personally assigned advisor relationship.
Automatic rebalancing	Yes — SoFi monitors managed portfolios and automatically rebalances them when needed.
Human planning access	Yes
Portfolio construction	Portfolio recommendations use goals, time horizon and risk tolerance; SoFi currently offers multiple portfolio themes and manages the selected allocation through the robo-advisory service.
Managed cash allocation	No fixed strategic cash sleeve is published for the standard robo portfolio.
Portfolio customization	Limited customization — investors can select among published portfolio themes and risk profiles, but the robo service does not operate like a self-directed security-selection account.
Recurring investing fact checked	2026-09-09

Offering structure and liquidity

Templum	Referral arrangement with Templum Markets; certain SPVs and funds require accredited-investor qualification; Templum can pay SoFi a percentage of the fee charged to the referred investor
Exposure	Venture capital, private equity, private credit, real estate/real assets, alternative asset managers, private companies, interval/registered alternative funds and SPVs
Structure	Consumer investing ecosystem with legally separate product roles: SoFi Securities LLC provides self-directed brokerage, SoFi Wealth LLC provides robo-advisory services, Apex Clearing provides securities clearing/custody and SoFi Bank, N.A. provides the current cryptocurrency product. Those services share the SoFi Invest brand but do not constitute one pooled vehicle or one legal entity.
2026 additions	Funds associated with CAZ Investments and AngelList Asset Management, including CAZ GP Stakes Fund, CAZ Strategic Opportunities Fund and USVC Venture Capital Access Fund
Private markets	Yes

Private share access

Route	Private-company SPVs through the Templum referral arrangement, subject to accredited-investor qualification
Preipo private company access	Yes

Regulation and investor protection

SIPC	Applies to the securities brokerage; SIPC does not protect against market losses
Parent	SoFi Technologies, Inc. (Nasdaq: SOFI)
Clearing	Apex Clearing Corporation provides clearing and custody of conventional securities under the current SoFi disclosure structure
Sipc note	Self-directed brokerage is offered through SoFi Securities LLC, Member FINRA/SIPC, with securities clearing/custody through Apex Clearing. Robo advisory services are offered through SoFi Wealth LLC. SoFi Crypto is offered by SoFi Bank, N.A.; crypto/digital assets are not deposits and are not FDIC- or SIPC-insured.
Broker dealer	SoFi Securities LLC - CRD 151717, SEC file 8-68389, FINRA member, SIPC member
Crypto provider	SoFi Bank, N.A.; crypto is not FDIC insured, not SIPC protected and not bank guaranteed
Investment adviser	SoFi Wealth LLC - CRD 167958, SEC file 801-78185, SEC-registered investment adviser
Private investments	No FDIC protection and no guarantee against loss; some private investments may be highly illiquid and capable of total loss
Managed account protection note	SoFi Wealth LLC provides robo-advisory services. Self-directed brokerage uses SoFi Securities LLC and Apex Clearing; other SoFi products can use different entities. SIPC protection does not cover investment losses or automatically extend to non-securities products.

Sources

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