TradingCritique

Select Your Brokers to Compare

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

Broker Name

Sofi Active Investing

Sofi Active Investing

VS
Venom Trading

Venom Trading

Icon

Broker Overview

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

Market maker

ECN

Years of Existence / Established Year

2019

2004

Customer Base / Number of Accounts

6.2+ Million

Info not available


Icon

Regulation & Security

Regulations (governing bodies)

SEC, FINRA

FINRA NFA SIPC

Awards Won (count for the last 2 years)

No major awards listed

Best in class for professional trading by stockbrokers.com

Security Measures

SIPC

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

No

No

Negative Balance Protection

No

No


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

IPO, IRA, Shares

-

Currency Pairs

No

Yes

Commodities

No

No

Indices

No

No

Cryptocurrencies

Yes

No

CFDs

No

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

No

Yes

Bonds

No

Yes

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

Yes


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

Venom mobile Venom desktop Venom web

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes except Mac


Icon

Account Types & Conditions

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

Individual brokerage, IRA (Traditional, Roth, SEP)

Individual account IRA account

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$5,000

Leverage Available

No

1:4

Trade Limit (maximum per trade)

Account Equity < $25,000: No Day Trades

Trade size vary on each asset

Commission (per account type)

$0

NA

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

Passive investors

Experienced


Icon

Deposit & Withdrawal Options

Deposit Methods

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

Wire transfer ACH transfer Online bill pay

Withdrawal Methods

ACH transfer back to linked bank accounts

ACATS DWAC DRS

Other E-Wallets Supported

No

No


Icon

Tools & Educational Resources

Economic Calendar

Yes

No

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)

Short videos & courses Recorded webinars


Icon

Fees & Commissions

Trading-Related Fees

Stocks, ETFs-$0,Commission -$0

Equities - $0.004/share Options - $0.75 per contract Futures - $1.25 / contract

Spread (typical, fixed, variable)

NA

Typical

Per Lot Fees

NA

NA

Options Contract Fees

$0- $5

$0.75 per contract

Futures Contract Fees

NA

$1.25 per contract per side

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

1:4


Icon

Non-Trading Fees

Dormant Fees

$25

NA

Subscription Fees (for premium features, data feeds)

NA

$0

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

$0

Account Maintenance Fee

NA

IRA - $7.5 quarterly fee

Deposit Fee

NA

$0

Currency Conversion Fee

NA

Vary for different exchanges

Withdrawal Fee

Outgoing ACAT transfers $100

Wires - $10 Checks - $4 ACH/EFT - $1 SEPA - NA


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Monday to Friday - 7am to 4.30pm CST


Icon

Customer Support

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

Monday - Friday 5am-5pm PT

24/5 weekday customer service

Customer Support Methods (phone, email, live chat)

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

Ph-877-792-6272 Customer service line - 877-442-2757 Fax - 972-491-3111 Email - [email protected]

Support Languages

1

1


Icon

Additional Information

Headquarters Location

San Francisco, California.

3008 E. Hebron Pkwy Building 400, Carrolton TX 75010

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.
Sofi Active Investing is known for competitive pricing on basic trades, especially for beginners. However, Venom Trading fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
The account creation flow at Sofi Active Investing is modern and app-driven, making it seamless for new users. Venom Trading, however, leans toward traditional processes with forms and verifications that take more time.
The trading interface of Sofi Active Investing is known for its speed and ease-of-use, while Venom Trading shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.
Sofi Active Investing delivers a robust ecosystem for seasoned traders, whereas Venom Trading focuses on ease of access and modern usability.