Select Your Brokers to Compare
Sofi Active Investing vs Trade Nation : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Sofi Active Investing
Trade Nation
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
Market maker
Years of Existence / Established Year
2019
2014
Customer Base / Number of Accounts
6.2+ Million
No information
Regulation & Security
Regulations (governing bodies)
SEC, FINRA
FCA, ASIC, FSA, SCB, and FSCA
Awards Won (count for the last 2 years)
No major awards listed
Best Global MT4 broker, Best Trading Platform 2023, Best Spread Betting Provider 2024
Security Measures
SIPC
No
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
No
Yes
Negative Balance Protection
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
IPO, IRA, Shares
1000+ assets types
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
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
No
cTrader
No
No
Social Trading
Yes
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
Mobile and Web app
TN trader
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual brokerage, IRA (Traditional, Roth, SEP)
Standard and Professional
Demo Account (Yes/No)
No
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$0
$0
Leverage Available
No
1:5 to 1:200
Trade Limit (maximum per trade)
Account Equity < $25,000: No Day Trades
Depends on asset types
Commission (per account type)
$0
$0
Best Suited For (e.g., beginners, experienced traders)
Passive investors
Beginner to experienced traders
Deposit & Withdrawal Options
Deposit Methods
Bank transfers (ACH), direct deposit from linked bank accounts
Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods
Withdrawal Methods
ACH transfer back to linked bank accounts
Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods
Other E-Wallets Supported
No
Skrill, Neteller, Crypto, Grab Pay, M Pesa
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 Insights and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Blog Market News and Updates
Fees & Commissions
Trading-Related Fees
Stocks, ETFs-$0,Commission -$0
Commission-$0
Spread (typical, fixed, variable)
NA
Fixed
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
1:200
Non-Trading Fees
Dormant Fees
$25
$0
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
NA
Withdrawal Fee
Outgoing ACAT transfers $100
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
Trading Hours
Trading Hours (for each asset class if applicable)
Depends on the instrument offer
Forex- 24 hours a day, five days a week, Stocks- Monday through Friday from 9:30 a.m. to 4 p.m. ET, typically closed on weekends and U.S. national holidays
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
Email: [email protected], Phone: +44 (0) 203 180 5952, Live chat
Support Languages
1
19+
Additional Information
Headquarters Location
San Francisco, California.
9th Floor, 30 Crown Place, London, EC2A 4ES, United Kingdom
Complaints (for crypto brokers)
No
No
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
No