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Sofi Active Investing vs Forex.com : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Sofi Active Investing

Sofi Active Investing

VS
Forex.com

Forex.com

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Market maker

Years of Existence / Established Year

2019

2001

Customer Base / Number of Accounts

6.2+ Million

454k + Customers


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Regulation & Security

Regulations (governing bodies)

SEC, FINRA

CIRO, FSA, MAS, CySEC, NFA, CFTC, CIMA, FCA, ASIC

Awards Won (count for the last 2 years)

No major awards listed

Best HNW Service, Best Broker for CFDs, Best in Class Overall Best in Class Mobile Trading Apps Best in Class Offering of Investments Best New Tool Performance Analytics

Security Measures

SIPC

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

No

Yes

Negative Balance Protection

No

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

IPO, IRA, Shares

5, 500+ Stocks

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

Yes

Options

Yes

No

Futures

No

No

Bonds

No

No

Mutual Funds

Yes

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Mobile and Web app

Forex.com Proprietary platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Individual brokerage, IRA (Traditional, Roth, SEP)

Standard, Raw spread, MetaTrader account

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$100

Leverage Available

No

50:1

Trade Limit (maximum per trade)

Account Equity < $25,000: No Day Trades

No information

Commission (per account type)

$0

Raw account - $7 per 100k USD traded

Best Suited For (e.g., beginners, experienced traders)

Passive investors

Beginners to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Bank transfers (ACH), direct deposit from linked bank accounts

Credit/ debit card, bank wire

Withdrawal Methods

ACH transfer back to linked bank accounts

Credit/ debit card, bank wire

Other E-Wallets Supported

No

Neteller, skrill


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learn (Investing Education), Market Insights and Analysis, Webinars, Investing Guides, Financial Planning Tools, Sofi Insights (Market News)

Forex Trading University, Market Analysis and Insights, Webinars, Video Tutorials, Trading Guides and eBooks, Market News and Research


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Fees & Commissions

Trading-Related Fees

Stocks, ETFs-$0,Commission -$0

Commission: Fixed $7 USD per $100k USD traded

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

NA

Options Contract Fees

$0- $5

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

50:1


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Non-Trading Fees

Dormant Fees

$25

$15 inactive for 12 months

Subscription Fees (for premium features, data feeds)

NA

$5

Advisory Fees

Depending on assets type, Professional charges- 1% , annual advisory fees as low as 0.25%

$30

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$5 paper statement fee

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

NA

Deposit Fee

NA

$0

Currency Conversion Fee

NA

0.50%

Withdrawal Fee

Outgoing ACAT transfers $100

Free for bank transfers and debit cards, US: $25, International: $40, except over $10,000


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Depends on the instrument offer


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

Monday - Friday 5am-5pm PT

24/5

Customer Support Methods (phone, email, live chat)

Live chat, Phone: 855-456-7634, Virtual assistant

Live chat: https://www.forex.com/en/contact-forex-com, Phone New accounts: Tollfree: 1-877-367-3946, International: 1-908-731-0750 Existing customers: Tollfree: 1-877-367-3946,Email New accounts: [email protected] Existing customers & inquiries: [email protected] International: 1-908-731-0750

Support Languages

1

5


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Additional Information

Headquarters Location

San Francisco, California.

30 Independence Blvd Suite 300, 3rd Floor, Warren, New Jersey 07059, US.

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
If minimizing trading costs is your top priority, Sofi Active Investing might be more attractive due to its lower commissions. Meanwhile, Forex.com justifies its moderate fees with more robust tools and professional-grade features.
While Sofi Active Investing prioritizes fast registration with minimal steps, Forex.com focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
If you're looking for platform speed and ease of execution, Sofi Active Investing delivers a smooth experience. Forex.com, however, is tailored toward traders who want deeper analysis tools and portfolio insights.
Sofi Active Investing delivers a robust ecosystem for seasoned traders, whereas Forex.com focuses on ease of access and modern usability.