Updated September 29, 2026 · BrokerCue Editorial Team
Hfm Partners vs SoFi
Where Hfm Partners and SoFi differ
| Compare |  Hfm Partners |  SoFi |
|---|---|---|
| Minimum deposit | $5,000 | $0Lower |
| Markets | Forex, Metals, CFDs | Stocks, ETFs, Options, Crypto |
| Regulators | Cyprus Securities and Exchange Commission (CySEC), SIPC | SIPC, FDIC |
| Investor protection | EU ICS up to EUR 20,000 | SIPC up to USD 500,000 |
| Stock trade fee | Not confirmed | $0 |
| Account fee | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $0 |
| Platforms | MetaTrader 5, HFM WebTrader, HFM Platform | Not confirmed |
| Account types | Not confirmed | IRA, Roth IRA, Joint |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- SoFi scores higher overall: 9.3 vs 8.8.
- Regulators: only Hfm Partners offers Cyprus Securities and Exchange Commission (CySEC).
- Regulators: only SoFi offers FDIC.
- Hfm Partners is licensed in 1 more country.
- Minimum deposit is lower at SoFi: $0 vs $5,000.
- Markets: only Hfm Partners offers Forex, Metals, CFDs.
- Markets: only SoFi offers Stocks, ETFs, Options.
- Features: only Hfm Partners offers Demo account.
- Features: only SoFi offers Crypto, Fractional shares.
Our verdict on each
Hfm Partners
Hfm Partners suits traders who can fund a larger starting balance, because its minimum deposit of $5,000 sits well above the entry amounts most brokers ask for here. CySEC and SIPC regulation adds cover, while email only support and a focused market list make it a less obvious choice for smaller accounts.
SoFi
SoFi suits retirement savers in the US, with a stock trade fee of $0, an account fee of $0 and a minimum deposit of $0. The named licences are US registrations, so readers outside the US should check the account types and terms first.
Score breakdown
| Area | Hfm Partners | SoFi |
|---|---|---|
| Cost | 8.1 | 9.5HigherRanks 1 of 161 on stock trade fee, 1 of 138 on account fee, 1 of 56 on inactivity fee. |
| Offer | 8.8 | 9.4Higher |
| Trust | 9.5Higher | 9.2 |
Which one suits you
Pick Hfm Partners if trust matter most.
Pick SoFi if cost, offer, and minimum deposit matter most.
Where each is licensed and available
| Country | Hfm Partners | SoFi |
|---|---|---|
| United States | SIPC SIPC member 71021 | SIPC SIPC member 68389 FDIC FDIC cert 26881 |
| Cyprus | Not confirmed |
What each covers
| Markets | Hfm Partners | SoFi |
|---|---|---|
| Stocks | No | Yes |
| ETFs | No | Yes |
| Forex | Yes | No |
| CFDs | Yes | No |
| Options | No | Yes |
| Crypto | No | Yes |
| Metals | Yes | No |
What we checked
Hfm Partners
- hfeu.com: 7 facts, checked September 26, 2026
- sipc.org: 1 fact, checked September 26, 2026
SoFi
- en.wikipedia.org: 5 facts, checked September 26, 2026
- sofi.com: 5 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
- banks.data.fdic.gov: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Hfm Partners | SoFi |
|---|---|---|
| Features | Mobile app, Demo account | Crypto, Fractional shares, Mobile app |
| Pricing model | Not confirmed | Commission free |
| Audience | Not confirmed | Beginners |
| Legal entity | RB INTERNATIONAL MARKETS (USA) LLC | SOFI SECURITIES LLC |
| Headquarters | Not confirmed | United States |
| Founded | Not confirmed | 2011 |
| Support channels | Not confirmed |
Robo-advisors
| Fact | Hfm Partners | SoFi |
|---|---|---|
| Portfolio types | Not confirmed | ETF, Cash, Crypto |
Where each stands against the rest
| Fact | Hfm Partners | SoFi | Median |
|---|---|---|---|
| Minimum deposit | $5,000highest quarter | $0below the median | $25 |
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Account fee | Not confirmed | $0at the median | $0 |
| Inactivity fee | Not confirmed | $0at the median | $0 |
Median across 135 listed brokers.
Pros and cons
Hfm Partners
Pros
- Regulated in Europe and the US under Cyprus Securities and Exchange Commission (CySEC) and SIPC.
- Mobile app and demo account both appear in mobile app and demo account.
- Platform choice spans MetaTrader 5, HFM WebTrader and HFM Platform.
Cons
- The minimum deposit of $5,000 puts it out of reach for small balances.
- Support runs on email only.
- Markets cover forex, metals and cfds only.
SoFi
Pros
- A stock trade costs $0 on a commission free model, so cost does not decide which shares you can hold.
- The account fee is $0 and the inactivity fee is $0, so extra accounts and balances left untouched are not billed.
- The minimum deposit is $0 where Vantage asks $5, so a small amount can start an account.
Cons
- The account types listed are ira, roth ira and joint, retirement and joint accounts, and a general taxable account is not among them.
- Markets stop at stocks, etfs and options, while eToro lists stocks, etfs and forex, so forex, CFDs and futures are out of reach here.
- The group sits in US and its registrations are SIPC member 68389 and FDIC cert 26881, with no UK or EU regulator named.
Who each suits
Hfm Partners
Who it suits
- Traders who can fund $5,000 and put regulation ahead of a low entry amount.
- Focused forex, metals and CFDs traders who want to practise on a demo account.
- EU traders covered by investor protection stated as EU ICS up to EUR 20,000.
Who should look elsewhere
- Anyone starting small: CFI asks a minimum deposit of $0.
- Traders wanting a wider market list, where eToro covers stocks, etfs and forex.
- Low balance traders who prefer a smaller entry: Vantage asks $5.
SoFi
Who it suits
- Beginners, which the audience fact lists as beginners, who want to start small with a $0 minimum deposit.
- Retirement savers who want an IRA, a Roth IRA or a joint account at $0 in account fees.
- Fractional share buyers who want crypto and equities in the same app, as the feature list crypto, fractional shares and mobile app shows.
Who should look elsewhere
- Traders after forex, CFDs or futures, since eToro lists stocks, etfs and forex and SoFi lists stocks, etfs and options.
- Investors who want a broader spread of instruments than shares, ETFs, options and crypto, since CFI lists stocks, etfs and forex.
- Readers who need a UK or EU regulated provider, because the licences named are SIPC member 68389 and FDIC cert 26881.
Country by country
| Country | Hfm Partners | SoFi |
|---|---|---|
| United States | No | Yes |
Questions about each
Hfm Partners
What is the minimum deposit at Hfm Partners?+
The stated minimum deposit is $5,000. CFI starts at $0 and Vantage at $5, so Hfm Partners sits at the heavy end of the range compared here. Anyone starting with a smaller balance would be better served by one of those.
Who regulates Hfm Partners?+
Regulation runs through Cyprus Securities and Exchange Commission (CySEC) and SIPC. The Cyprus licence reads 183/12 and the US membership SIPC member 71021. These are separate registrations in separate countries, so the entity your account sits under decides who supervises it.
SoFi
What does it cost to open and hold a SoFi account?+
The published minimum deposit is $0, the account fee is $0 and the inactivity fee is $0, so opening and holding an account adds no charge on the listed terms. Those are account level figures, which is the first thing to check before you choose a wrapper or leave a balance untouched.
What does a stock trade cost?+
A stock trade costs $0 and the pricing model is commission free, so commission does not decide which shares you can hold. Other brands on the site charge a stock trade fee as high as €17.54, and the account fee of $0 and inactivity fee of $0 add nothing on top.
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