Are there any service charges or trading fees? – SoFi

May 1, 2024 · If you have Margin Trading enabled, there is an interest fee accrued daily on the outstanding margin balance and charged monthly. Please refer to our Margin Help Center for more information on Margin Trading. For Options Trading, there is an exercise and …

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SoFi Invest Overall Equity Fees - BrokerChooser

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Jun 17, 2024 · SoFi Invest non-trading fees 💰 SoFi Invest non-trading fee class: Low: 💰 SoFi Invest custody fee: No custody fee, except for ADRs: 💰 SoFi Invest inactivity fee: $25 after every 6 …

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Beware! Sofi Invest Is Not Free, Beware Of $25 Inactive Fee

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Sep 30, 2023 · I'm looking to open a Sofi invest account, and lo and behold, there is a hidden fee in the fee schedule. According to the fee schedule, there is an inactive fee for the Sofi invest account. Inactivity Fee: $25 per account for every 12 months of login inactivity. (This does not apply to crypto accounts.)

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FAQs about Are there any service charges or trading fees? – SoFi Coupon?

How much does Sofi cost?

(Terms apply.) SoFi® keeps it simple -- no monthly fees, no overdraft fees, no ATM fees.³ Unlike some competitors that nickel-and-dime you, SoFi® lets you keep every cent you earn. Plus, there's no minimum balance -- you can open an account and begin saving with just $1. ...

How much does Sofi charge for active investing?

Currently, SoFi charges a markup of up to 1.25% on both buy and sell orders. There aren't any monthly account fees or inactivity fees either. But if you decide to transfer your account to another broker, SoFi will charge you a $75 ACAT fee. How Does SoFi Active Investing Compare? SoFi is certainly not the only brokerage offering free trades. ...

Does Sofi charge commissions?

You can invest in stocks, exchange-traded funds (ETFs), mutual funds, alternative funds, and more. SoFi doesn’t charge commissions, but other fees apply (full fee disclosure here). For a limited time, opening and funding an Active Invest account gives you the opportunity to get up to $1,000 in the stock of your choice. ...

Does Sofi charge a fee to transfer an account?

SoFi doesn’t even charge a fee to transfer an account to another brokerage firm. There are no inactivity fees, and the broker-dealer has no minimums of any kind. And what if you want to use the company’s automated investing service? ...

Does Sofi charge a fee for crypto trades?

There are fees, however, for crypto trades. Currently, SoFi charges a markup of up to 1.25% on both buy and sell orders. There aren't any monthly account fees or inactivity fees either. But if you decide to transfer your account to another broker, SoFi will charge you a $75 ACAT fee. ...

How much does it cost to deposit cash at SoFi®?

If you need to deposit cash, be prepared to pay a fee. Since SoFi® has no physical branches, you'll have to use GreenDot retail locations -- found in places like Walgreens, Safeway, and Walmart -- which charge up to $4.95 per deposit. ...