Am I able to buy part of a share rather than a whole?

Yes! You can purchase fractional shares, a.k.a. fractional shares, for some stocks. We maintain a list of securities available for fractional trading. All of these securities will appear on our “Fractional Collection” page within the Discovery section of the app.

Is my account insured?

Yes, the securities and cash that SoFi Securities holds in your brokerage account are protected by SIPC in the event of a broker dealer failure up to a maximum of $500,000 per client for securities , which includes up to $250,000 per client for cash held in the account. SIPC coverage does not protect against investment losses from market action or volatility. For more information on SIPC visit www.SIPC.org

How do I fund the account?

You can fund the account by linking your SoFi Checking and Savings account, checking or savings account, initiating an account transfer (ACAT), rollover, check, or wire. You can set up a recurring deposit to make sure you have money ready for when you want to buy, or make a one-time deposit any time. It will usually take 1-2 business days to clear. The cutoff time for incoming ACH transfers from your bank is 4pm ET, outgoing ACH transfers have a cutoff time of 3:30pm ET on banking days.

When is my deposit available to use?

You can invest up to $5,000 instantly* once you begin a transfer with your linked bank account (you’ll need to meet certain requirements for this). It takes approximately 2 business days to clear your transfer. Instant access up to $5,000 on first-time deposits to eligible new accounts. Subsequent deposits are eligible for instant access up to $5,000, provided all prior deposits have cleared – even if a prior deposit was less than $5,000. Funds not eligible for instant access are available in approximately 2 business days. *Eligibility requirements include 1) Your bank account must be linked, verified and approved through our instant verification process. 2) Your bank account must have a reported balance greater than or equal to your deposit.

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May

2021

Invest LP-C

By Lisa Laughlin | Uncategorized | Comments Off

SoFi Invest

All-in-one investing.
Now with IPOs.*

Trade stocks, ETFs, crypto, and participate in upcoming IPOs at IPO prices—or start automated investing.

Open an account

Go to IPO investing

Open an account

Go to IPO investing

*Cryptocurrency is offered by SoFi Digital Assets, LLC, a FinCEN registered

Money Service Business.

{/*

SOFI INVEST

New! All-in-one
investing.
Now with Dogecoin.

Invest in IPOs before public trading begins, trade stocks, ETFs, and crypto—or start automated investing.

Invest Now

*/}

Download the app and get up to

$1,000 when you open an account.

**No purchase necessary. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.

Download Now. Scan this code with your phone’s camera.

More ways to invest—all in one place.

Download the SoFi app to trade stocks and ETFs, buy crypto, or start automated investing.

ACTIVE INVESTING

Take control—leave the commissions.

Trade stocks and ETFs with no commissions or participate in upcoming IPOs before they trade on the public market. Plus, fractional shares mean you can buy a piece of your favorite companies for as little as $5.

Open an account

Learn more about active investing →

CRYPTO

The secure way to buy crypto.

Trade Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ethereum Classic and 17 more coins on a safe and secure platform that ensures your holdings are protected against fraud and theft. Make your first trade of $10 or more, and we’ll give you $10 in bitcoin!

(Note: We’re always adding new coins, so always keep an eye on the app to see our most up-to-late list of cryptocurrencies.)

Open an account

Learn more about crypto →

AUTOMATED INVESTING

Set your goal,
let experts do the rest.

Not sure where to start? Tell us your risk tolerance and goals, and you’ll get a diversified portfolio automatically managed for you – with no SoFi management fee.

Open an account

Learn more about automated investing →

RETIREMENT ACCOUNTS

Save for retirement with our active or automated Traditional, Roth, and SEP IRAs. Get access to a broad range of investment options, member services, and our robust suite of planning and investment tools.

Open an account

Learn more retirement acounts →

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Financial Planning

Professional financial advice—at no cost.

Get complimentary access to SoFi Financial Planners, so you can build an investment plan based on your needs. Plus our Investing 101 resource center has education and advice for beginners and experts alike.

Schedule an appointment

*/}

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Learn more about SoFi Securities LLC on

FINRA’s BrokerCheck.

*/}

FAQs

How can I trade stocks without a commission?

Many brokerages charge trading fees to use their platforms. SoFi Invest offers online stock trading with no commissions so you can trade what you want, when you want—all from the SoFi App.

What should a beginner invest in?

SoFi ETFs are designed specifically for new ambitious investors with long-term goals in mind. Unlike other traditional ETFs, SoFi ETFs weigh companies by growth—not just market capitalization.

Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website or chat with us https://sofi.app.link/investchat. Please read the prospectus carefully prior to investing.

Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.

How do I open a SoFi Invest Account?

Go to SoFi Invest Home in the mobile app, tap Get Started, select Start Investing under active investing account. There you’ll find step-by-step instructions on how to get started. Or if you prefer desktop, head here.

Am I able to buy a part of a share rather than a whole?

Yes! You can purchase fractional shares for some stocks. We maintain a list of securities available for fractional trading in our fractional shares collection. All of these securities will appear on our “Fractional Collection” page within the Discovery section of the app.

Can I buy my own stocks?

Yes—SoFi Active Investing allows users to buy and sell stocks and ETFs of their own choosing! For a more hands off investing approach, you can also select SoFi Automated Investing.

Is there an account minimum to start investing?

Nope—with SoFi you can get started investing with as little as $5.

See more FAQs