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

Broker Name

Sofi Active Investing

TradeStation

Broker Overview

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

Market maker

ECN broker

Years of Existence / Established Year

2019

1982

Customer Base / Number of Accounts

6.2+ Million

226506+ clients

Regulation & Security

Regulations (governing bodies)

SEC, FINRA

CFTC, NFA, FINRA, SEC

Awards Won (count for the last 2 years)

No major awards listed

Best in Class awards in StockBrockers.com 2023 Online Broker Review, Best Brokerage App at the 2023 Benzinga Global Fintech Awards, TradingView's Best Broker in the AMER Region 2023 Award

Security Measures

SIPC

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

IPO, IRA, Shares

Futures option

Currency Pairs

Commodities

Indices

Cryptocurrencies

Yes

CFDs

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Mutual Funds

Yes

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Real Estate Investment Trusts (REITs)

Equities

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Mobile and Web app

Desktop, Web trading, Mobile app, Futures Plus

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Individual brokerage, IRA (Traditional, Roth, SEP)

Individual, Retirement, Entity

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

Leverage Available

Trade Limit (maximum per trade)

Account Equity < $25,000: No Day Trades

Depends on asset class

Commission (per account type)

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

Passive investors

Beginners and experienced traders

Deposit & Withdrawal Options

Deposit Methods

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

Wire transfer, Check, Electronic transfer

Withdrawal Methods

ACH transfer back to linked bank accounts

Wire transfer, Check, Electronic transfer

Other E-Wallets Supported

Tools & Educational Resources

Economic Calendar

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 Education, Market Insights, Webinars, Online Trading Courses, Strategy Development and Backtesting

Fees & Commissions

Trading-Related Fees

Stocks, ETFs-$0,Commission -$0

Commission- Stocks and ETFs- $0, Stock options- $0 Commission + $0.60 per contract, Future options- $0 Commission + $0.60 per contract, Micro futures- $0 Commission + $0.50 per contract, per side, Futures- $0 Commission + $1.50 per contract, per side

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

$0- $5

$0 Commission + $0.60 per contract

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

Non-Trading Fees

Dormant Fees

$25

$10 per month

Subscription Fees (for premium features, data feeds)

TradeStation platform - $149.95 / month, Without Brokerage Account- $99.99 / month $199.99 for professionals, folio-level strategy back-testing tool - $59.95 / month

Advisory Fees

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

$25

Swap Fees (Overnight Financing)

Statement or Document Fee

$5 paper statement fee

$1 per page

Account Opening Fee

Account Maintenance Fee

$35 per year

Deposit Fee

Currency Conversion Fee

Starts from $0.35

Withdrawal Fee

Outgoing ACAT transfers $100

Wire transfer- $25- $35

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

9:30 am ET to 4:00 pm ET

Customer Support

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

Monday - Friday 5am-5pm PT

8:00 a.m. - 5:00 p.m. ET

Customer Support Methods (phone, email, live chat)

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

Phone: 800.822.0512, Live chat, E-mail: [email protected]

Support Languages

Additional Information

Headquarters Location

San Francisco, California.

8050 SW 10th Street, Suite 2000. Plantation, FL 33324

Complaints (for crypto brokers)

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, TradeStation includes some charges for premium features and certain asset trades, making Sofi Active Investing the better option for budget-focused traders.

While Sofi Active Investing prioritizes fast registration with minimal steps, TradeStation focuses on a thorough vetting process that gives more flexibility in choosing account types and features.

Sofi Active Investing platform is great for fast-paced day trading, especially with features like one-click trading. TradeStation platform, by comparison, is built for strategy testing and long-term portfolio management.

Sofi Active Investing caters to serious traders who value advanced features, whereas TradeStation appeals to beginners due to its user-friendly platform.

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