How can I set up a Recurring Investment?

When you set up a recurring investment, we’ll automatically purchase shares for you on a schedule that you choose.

1. Choose a stock eligible for fractional trading.
2. Select the Trade option and then select Recurring.
3. Choose the frequency and dollar amount.
4. Once confirmed, the order will show as ‘Pending’ under your ‘Scheduled Activity’.

Your recurring investment cannot exceed your instant funding limit if funds are from an external bank account. If you are funding from SoFi Checking or Savings, the recurring amount can be up to $250,000 daily, with a monthly limit of $1,000,000.

(Note: All prior deposits must clear before funds will be available instantly on subsequent deposits.)

If your recurring investment falls on a day that the market is closed, like a weekend or holiday, the order(s) will be queued for the next open trading window.

Check out this video to see the few simple steps to take in setting up a recurring investment.