TradingCritique

Select Your Brokers to Compare

Sofi Active Investing vs Plus500 : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Sofi Active Investing

Sofi Active Investing

VS
Plus500

Plus500

Icon

Broker Overview

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

Market maker

Market maker

Years of Existence / Established Year

2019

2008

Customer Base / Number of Accounts

6.2+ Million

20 Million


Icon

Regulation & Security

Regulations (governing bodies)

SEC, FINRA

FCA, CYSEC, ASIC, FMA, FSCA, FSP, ISA, FSA, MAS, DFSA, FSA, SCB

Awards Won (count for the last 2 years)

No major awards listed

Best in Class for Trust Score 2024, GLOBAL TRADING ADVFN International Financial Awards

Security Measures

SIPC

Anti-Money Laundering

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

No

Yes

Negative Balance Protection

No

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

IPO, IRA, Shares

2800+

Currency Pairs

No

No

Commodities

No

No

Indices

No

No

Cryptocurrencies

Yes

No

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

Yes

Futures

No

Yes

Bonds

No

No

Mutual Funds

Yes

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Mobile and Web app

Mobile and web trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Individual brokerage, IRA (Traditional, Roth, SEP)

Retail Account & Demo Account

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$100

Leverage Available

No

1:30

Trade Limit (maximum per trade)

Account Equity < $25,000: No Day Trades

Depends on the asset type

Commission (per account type)

$0

$0

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

Passive investors

Experienced traders


Icon

Deposit & Withdrawal Options

Deposit Methods

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

Credit, Debit, Master card, Bank transfer, e-wallets

Withdrawal Methods

ACH transfer back to linked bank accounts

Credit, Debit, Master card, Bank transfer, e-wallets

Other E-Wallets Supported

No

PayPal, Skrill


Icon

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)

Trading Academy Online Courses, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Guide Beginner's Guide


Icon

Fees & Commissions

Trading-Related Fees

Stocks, ETFs-$0,Commission -$0

Commission-$0

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

1:30


Icon

Non-Trading Fees

Dormant Fees

$25

$10 per month inactive for three months

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

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

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$5 paper statement fee

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

NA

NA

Deposit Fee

NA

$0

Currency Conversion Fee

NA

0.70%

Withdrawal Fee

Outgoing ACAT transfers $100

$0


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

Yes

No


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Depends on the instrument offer


Icon

Customer Support

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

Monday - Friday 5am-5pm PT

24/7

Customer Support Methods (phone, email, live chat)

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

Call +65 6320 1111 or +65 6320 1119, Email to Plus500's customer support, Live chat

Support Languages

1

32+


Icon

Additional Information

Headquarters Location

San Francisco, California.

Menachem Begin 125 Tel Aviv, Israel.

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.
While Sofi Active Investing maintains low trading fees with no minimum deposit, Plus500 includes some charges for premium features and certain asset trades, making Sofi Active Investing the better option for budget-focused traders.
Account approval at Sofi Active Investing is usually completed within hours, often with automated ID checks. Plus500 might take longer due to manual reviews, but provides in-depth onboarding support along the way.
Sofi Active Investing integrates well with algorithmic trading tools and third-party plugins. In contrast, Plus500 emphasizes educational content and built-in research features within its platform.
Those seeking technical depth may prefer Sofi Active Investing, while Plus500 shines with intuitive design and streamlined features.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare Sofi Active Investing and Firstrade

Compare Sofi Active Investing And Lightyear

Compare Sofi Active Investing and HYCM

Compare Plus500 and Trade Nation

Compare Plus500 and ATC Brokers

Compare Plus500 and MEXEM