Select Your Brokers to Compare
Sofi Active Investing vs Venom Trading : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Sofi Active Investing
Venom Trading
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
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
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
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
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
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
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
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
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
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
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
No
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Depends on the instrument offer
Monday to Friday - 7am to 4.30pm CST
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
Additional Information
Headquarters Location
San Francisco, California.
3008 E. Hebron Pkwy Building 400, Carrolton TX 75010
Complaints (for crypto brokers)
No
No
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
No