Fidelity International vs SoFi Invest - BrokerCue
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Broker Comparison

Fidelity International vs SoFi Invest

Compare Fidelity International and SoFi Invest side by side: fees, regulation, platforms.

Fidelity International

Fidelity International

Long-term fund and ISA investors

Fidelity International is a UK-regulated investment platform offering stocks, ETFs, funds, ISAs and SIPPs witโ€ฆ

VS
SoFi Invest

SoFi Invest

Beginners and all-in-one investors

SoFi Invest is a US brokerage offering commission-free stocks, ETFs, and options, a 0.25% robo-advisor, fractโ€ฆ

Head-to-head comparison

Fidelity International vs SoFi Invest
Feature Fidelity International SoFi Invest
Minimum deposit - -
Stock trading fee ยฃ7.50 per online trade; ยฃ1.50 per trade via regular savings plan; ยฃ30 by phone Commission-free
Regulators FCA FINRA, SIPC, SEC
Best for Long-term fund and ISA investors Beginners and all-in-one investors
Markets & account
Stocks
ETFs
Crypto
-
Bonds
-
Options
-
Funds
Ready Made Portfolios
Isa
-
Sipp
-
Investment Plans
-
Fractional Shares
-
Margin
-
Money Market Funds
-

Pros & cons

Fidelity International

Fidelity International

Pros

  • No dealing fee on funds
  • Annual service fee capped at ยฃ2,000
  • ETF and share custody fee capped at ยฃ90 per year inside ISA or SIPP
  • No service fee on Junior ISA, Junior SIPP, or Investment Account (exchange-traded assets)
  • No deposit, withdrawal, or inactivity fees
  • Access to over 2,500 funds from multiple providers
  • Ready-made ISA portfolios available via Fidelity Navigator
  • FCA regulated with FSCS protection up to ยฃ85,000

Cons

  • ยฃ7.50 per trade is relatively high for infrequent share or ETF buyers
  • No fractional shares
  • No demo account
  • No multi-currency account
  • No margin lending
  • No CFDs, forex, options, futures, or crypto
  • FX conversion markup of 0.75% applies to the first ยฃ10,000
  • Minimum service fee of ยฃ7.50 per month (ยฃ90 per year) applies to accounts under ยฃ25,000 without a regular savings plan
SoFi Invest

SoFi Invest

Pros

  • Commission-free stock, ETF, and options trading
  • No per-contract or exercise fee on options
  • Fractional shares from $5
  • IPO access at offering price
  • 1% IRA contribution match
  • Robo-advisor with no minimum beyond $50
  • Integrated banking, lending, and investing in one app
  • Access to Certified Financial Planners

Cons

  • Robo-advisor charges 0.25% annual fee (was free before November 2024)
  • Crypto trades carry a 1% spread on every buy and sell
  • Inactivity fee of $25 after 6 months without a login
  • $25 outgoing wire transfer fee and $100 ACAT transfer-out fee
  • No forex or futures trading
  • Limited research and charting tools compared to full-service brokers
  • No tax-loss harvesting in the robo-advisor
  • Crypto selection limited to around 25-30 coins with no advanced order types
Fidelity International

Fidelity International

Fidelity International is a UK-regulated investment platform offering stocks, ETFs, funds, ISAs and SIPPs with a tiered service fee and free fund dealing.

Your capital is at risk. Other fees apply.

SoFi Invest

SoFi Invest

SoFi Invest is a US brokerage offering commission-free stocks, ETFs, and options, a 0.25% robo-advisor, fractional shares, IPO access, and crypto trading in one platform.

Your capital is at risk. Other fees apply.

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