sofi Alternatives: How It Compares Updated for 2025
This alternatives to sofi guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to sofi to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to sofi like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their clients. If you feel that sofi is not quite right for you then it would be worth getting a virtual account with some of the top sofi alternatives and ensuring that they are a better fit for you before moving any money around.
The most in depth review of sofi alternatives online
There are many reasons sofi may not be a good fit for your trading needs. For whatever reason you are hunting for the top sofi alternative or sofi competitor with better services, comparebrokers.org try to give you as much helpful information so you can make an informed choice. Below you can discover the best sofi alternatives.
For each of the below alternative to sofi, we also highlight the key differences to sofi and for each section show you the best competitors. For every sofi alternative online trading platform listed we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with sofi, find some great alternative brokeragesbrokers|online trading platforms|brokerages.
Trading with a professional and dependable trading platform is vital to your trading success. All of the sofi alternative brokers listed in this sofi alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
sofi has a minimum desposit of $250, you should check how the minimum deposit requirements of sofi compare with the minimum deposit requirements of sofi competitors. Trading platforms have lower minimum deposits to get traders to join with them, but having higher a minimum deposit requirement isn’t always a bad thing, it all depends on your personal trading needs.
Alternatives Offering Virtual Portfolio Accounts
sofi offers virtual portfolio accounts so you can learn their systems before risking any real capital. Newbie traders can open a virtual portfolio account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before getting a live account.
Below we detail some of the best alternatives to sofi that have demo accounts.
Alternatives Offering Negative Balance Protection
sofi offers negative balance protection. It's especially offered when the market volatility keeps clients from letting their accounts go in the red. In a situation like this, sofi offers the ability to reset a clients account balance to zero.
You should go through the important conditions on sofi's website to comprehend their policies better.
Below we show some of the best alternatives to sofi that has negative balance protection.
Broker | Offers Negative Balance Protection? | Find Out More |
---|---|---|
sofi |
Yes | |
Startrader |
Yes | |
freetrade |
Yes | |
easyMarkets |
Yes | |
Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
sofi unfortunately, does not provide guaranteed stop loss. sofi gives an opportunity to its traders to close their trades at their given price. Aside from this, sofi does not provide guaranteed stop loss.
Below we list some of the best sofi alternatives that have guaranteed stop loss available for their customers.
Broker | Offers Guaranteed Stop Loss? | Find Out More |
---|---|---|
sofi |
No | |
easyMarkets |
Yes | |
Uphold |
Yes | |
instaforex |
Yes | |
FreshForex |
Yes |
Alternatives Offering Scalping
sofi do permit scalping. Many traders across the world select sofi for their services that are trading. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which allow this.
Below we detail some of the best alternatives to sofi that allow scalping functionality to their users.
Alternatives That Allow Hedging
sofi do allow hedging. Several traders across the world choose sofi due to their hedging services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
Below we detail some of the top alternatives to sofi that allow hedging services to their client base.
Alternatives That Allow Social Trading
sofi's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading.
Below we show some of the top alternatives to sofi that allow social trading capabilities.
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, sofi offers copy trading which gives access to leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is calculated social trading..
Below we detail some of the best sofi alternatives that allow copy trading to their users
Compare sofi To All Other Brokers
Latest sofi News & Insights
sofi Review
sofi Alternatives:
Table Of Contents
- sofi alternatives with lower minimum deposit requirements
- sofi alternatives with demo accounts
- sofi alternatives with negative balance protection
- sofi alternatives with guaranteed stop loss
- sofi alternatives that allow scalping
- sofi alternatives that allow hedging
- sofi alternatives that allow social trading
- sofi alternatives that allow copy trading