Updated September 29, 2026 · BrokerCue Editorial Team
SoFi vs XTB
SoFi vs XTB: the differences
| Compare |  SoFi |  XTB |
|---|---|---|
| Minimum deposit | $0 | €0 |
| Stock trade fee | $0 | €0 |
| Account fee | $0 | €0 |
| Inactivity fee | $0 | €10 |
| Markets | Stocks, ETFs, Options, Crypto | Stocks, ETFs, Forex, CFDs, Crypto |
| Regulators | SIPC, FDIC | Cyprus Securities and Exchange Commission (CySEC), FCA, KNF |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Retail accounts that lose money | Not confirmed | 77% |
| Currency conversion fee | Not confirmed | 0.5% |
| Deposit and withdrawal fees | Not confirmed | Free deposits; free withdrawals above 100 EUR/USD |
| Platforms | Not confirmed | XStation 5, XStation Mobile |
| Account types | IRA, Roth IRA, Joint | Not confirmed |
| Maximum retail leverage | Not confirmed | 1:30 |
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Key differences
- Regulators: only SoFi offers SIPC, FDIC.
- Regulators: only XTB offers Cyprus Securities and Exchange Commission (CySEC), FCA, KNF.
- Founded is lower at XTB: 2002 vs 2011.
- XTB is licensed in 2 more countries.
- Markets: only SoFi offers Options.
- Markets: only XTB offers Forex, CFDs.
- Features: only SoFi offers Fractional shares.
- Features: only XTB offers Demo account.
- Pricing model: only XTB offers Low fees.
Our verdict on each
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.
XTB
XTB suits retail traders who want to hold stocks, ETFs, forex, CFDs and crypto under one Cyprus-based account without a monthly charge. The account fee is €0, deposits cost nothing, and CySEC, FCA and KNF authorisations sit behind a legal entity founded in 2002.
Score breakdown
| Area | SoFi | XTB |
|---|---|---|
| Cost | 9.5HigherRanks 1 of 161 on stock trade fee, 1 of 138 on account fee, 1 of 56 on inactivity fee. | 9.1 |
| Offer | 9.4Higher | 9.3 |
| Trust | 9.2 | 9.6Higher |
Which one suits you
Pick SoFi if cost matter most.
Pick XTB if trust matter most.
What we checked
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
XTB
- xtb.com: 10 facts, checked September 26, 2026
- hello-brokers.com: 5 facts, checked September 26, 2026
- esma.europa.eu: 2 facts, checked September 26, 2026
- eupersonalfinance.eu: 1 fact, checked September 26, 2026
- linkedin.com: 1 fact, checked September 26, 2026
How they place
| Ranking | SoFi | XTB |
|---|---|---|
| Stock and ETF brokers | 80 of 471 | 3 of 471 |
| Brokers for beginners | 26 of 88 | 1 of 88 |
Every fact side by side
| Fact | SoFi | XTB |
|---|---|---|
| Features | Crypto, Fractional shares, Mobile app | Demo account, Mobile app, Crypto |
| Pricing model | Commission free | Commission free, Low feesCovers more |
| Audience | Beginners | Beginners |
| Legal entity | SOFI SECURITIES LLC | XTB Limited |
| Headquarters | United States | Cyprus |
| Founded | 2011 | 2002Lower |
| Support channels | Not confirmed | Email, Chat, Phone |
Robo-advisors
| Fact | SoFi | XTB |
|---|---|---|
| Portfolio types | ETF, Cash, Crypto | Not confirmed |
Where each stands against the rest
| Fact | SoFi | XTB | Median |
|---|---|---|---|
| Retail accounts that lose money | Not confirmed | 77%highest quarter | 72.05% |
| Currency conversion fee | Not confirmed | 0.5%above the median | 0.45% |
Median across 47 listed brokers.
Pros and cons
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.
XTB
Pros
- Account fee of €0 on the standard account, and stock trades cost €0.
- Minimum deposit of €0, so the account opens without a funding floor.
- Regulated by CySEC, the FCA and KNF across Cyprus, the UK and Poland.
Cons
- An inactivity fee of €10 applies, unlike eToro, which has no such charge.
- Forex and CFD trading is not cost free: fx trading costs 0.5%.
- CFDs carry a high proportion of losing retail accounts, and XTB's own figure is 77%.
Who each suits
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.
XTB
Who it suits
- Retail traders in the UK and Europe who want stocks, ETFs, forex, CFDs and crypto in one account
- Beginners who want a demo account and a mobile app before committing money
- Cost conscious traders who will not hold a balance large enough to trigger the inactivity fee
Who should look elsewhere
- Vantage, if a small minimum deposit of $5 suits a smaller starting balance better
- CFI, for traders who want forex and CFDs without paying an fx charge of 0.5%
- Anyone who plans to hold an idle balance for a long period, given the inactivity fee of €10
Country by country
| Country | SoFi | XTB |
|---|---|---|
| United States | Yes | No |
Questions about each
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.
XTB
What does XTB charge to open and hold an account?+
The account fee is €0, so there is no monthly or annual cost to keeping the account open. A stock trade costs €0 on the same account. The only recurring charge to watch is an inactivity fee of €10 for traders whose balance sits idle.
Is there a minimum deposit at XTB?+
The minimum deposit is €0, which means the account can be opened and funded with a small amount. It is a lower floor than the $5 asked by Vantage, so it suits a trader testing the platform before scaling up.
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