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Webull vs Sofi Active Investing : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Webull
Sofi Active Investing
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Self-directed retail brokerage platform
Market maker
Years of Existence / Established Year
2017
2019
Customer Base / Number of Accounts
20 Million
6.2+ Million
Regulation & Security
Regulations (governing bodies)
SEC, FINRA
SEC, FINRA
Awards Won (count for the last 2 years)
2024 Global Private Banking Awards
No major awards listed
Security Measures
SIPC, FIDC, Apex Clearing Corp upto $150 million
SIPC
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
No
Negative Balance Protection
No
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
3,300 ETFs including OTC, Margin, Index options, US treasuries bonds
IPO, IRA, Shares
Currency Pairs
No
No
Commodities
No
No
Indices
No
No
Cryptocurrencies
Yes
Yes
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
No
Bonds
Yes
No
Mutual Funds
Yes
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
Yes
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
Desktop, Web, and Mobile apps
Mobile and Web app
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual, IRA, Futures, Advisor, Entity
Individual brokerage, IRA (Traditional, Roth, SEP)
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$0
$0
Leverage Available
4:1 to 2:1
No
Trade Limit (maximum per trade)
Unlimited number of day trades
Account Equity < $25,000: No Day Trades
Commission (per account type)
$0
$0
Best Suited For (e.g., beginners, experienced traders)
Beginners, Active and passive investor
Passive investors
Deposit & Withdrawal Options
Deposit Methods
Bank linking, ACH, Wire Transfer, Debit card funding, Recurring deposit
Bank transfers (ACH), direct deposit from linked bank accounts
Withdrawal Methods
ACH withdrawals
ACH transfer back to linked bank accounts
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market News and Analysis, Webinars and Live Events, Trading Simulator, Financial Insights and Research
Learn (Investing Education), Market Insights and Analysis, Webinars, Investing Guides, Financial Planning Tools, Sofi Insights (Market News)
Fees & Commissions
Trading-Related Fees
Regulatory Transaction Fee- $0.0000278*Total $ Trade Amount, Regulatory Fee- $0.000166 * Total Trade Volume Min $0.01 per - Max $8.30 per, CAT Regulatory Fees- $0.000052 * Total Trade Volume, Low-Priced Securities- $0.0002 per share, F-stocks (foreign settlement)- Buys: $5.00 per trade, Sells: $0.05 per trade, liquidity Charge- Minimum Overnight Interest Rate: 15% Fee: $250, CAT Regulatory Fees- Buys & Sells: $0.00000072 * Total Trade Volume
Stocks, ETFs-$0,Commission -$0
Spread (typical, fixed, variable)
Variable
NA
Per Lot Fees
NA
NA
Options Contract Fees
$0.10 per contract
$0- $5
Futures Contract Fees
$1.50
NA
Markup Fees on Spread
1.50%
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
4:1
No
Non-Trading Fees
Dormant Fees
$0
$25
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
Depending on assets type, Professional charges- 1% , annual advisory fees as low as 0.25%
Swap Fees (Overnight Financing)
NA
NA
Statement or Document Fee
$2 for each confirmation, $5 for each account statement, and $2.5 for each prospectus mailing
$5 paper statement fee
Account Opening Fee
$0
NA
Account Maintenance Fee
$0
NA
Deposit Fee
$8 for deposits in the U.S., $12.5 for international deposits
NA
Currency Conversion Fee
$10
NA
Withdrawal Fee
$25 for withdrawals in the U.S, and $45 for international withdrawals
Outgoing ACAT transfers $100
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Pre-market trading from 4:00 AM to 9:30 AM EST
Depends on the instrument offer
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
Monday - Friday 5am-5pm PT
Customer Support Methods (phone, email, live chat)
E-mail: [email protected], call :1-888-828-0618, in app chat
Live chat, Phone: 855-456-7634, Virtual assistant
Support Languages
15+
1
Additional Information
Headquarters Location
44 Wall Street, New York City
San Francisco, California.
Complaints (for crypto brokers)
No
No
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