eToro vs sofi, Updated for 2025
Read our In-Depth eToro vs sofi Review - for 2025
This review comparing eToro and sofi has been refreshed to reflect any changes for 2025 by knowledgeable insiders boasting considerable expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of eToro vs sofi does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
sofi Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs sofi
Each online trading platforms has some ups and downs, and a complete eToro and sofi review cannnot be regarded as thorough without having an objective perspective.
Examine sofi and eToro in order to understand the way they compare to each other before you decide to open an account. Performing a comprehensive comparison can place factors into perspective to ensure that you're informed about what to expect.
So you are looking for a reputable broker and are choosing between eToro or sofi. Which one is best in 2025?
This eToro vs sofi comparison contains the latest information so you can easily compare sofi against eToro.
If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You'll acquire proficient at all the concepts of brokerage as you keep trading. For starters, you need to select the ideal agent who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. eToro and sofi are just two such stages which will take you along with your investment into great heights. It's important to compare eToro vs sofi before you trust them with your money.
Our eToro vs sofi comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and sofi side by side.
Our full eToro vs sofi Review covers everything you need to learn about trading with either eToro or sofi. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you should carefully analyze your agent before you select them. It's a common misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
eToro and sofi are both brokers which have paved their way successfully to the brokerage world. In this review, we have tried to collate some of the vital facets of both eToro and sofi. This review can help you to know whether either sofi or eToro is a fantastic match for your investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
Benefits of eToro and sofi Compared
eToro offers a minimum deposit of $50 while sofi has a $250 minimum deposit.
Why smaller minimum deposits are good and how eToro and sofi compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
eToro allows you to trade around 100 financial instruments while sofi has around 100 financial instruments on their platform.
The more instruments you can trade on the eToro and sofi platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of eToro or sofi.
eToro and sofi Contact Details
Being able to contact a broker through many ways is important. eToro and sofi have the following contact details and social medias that you can use.
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Broker | eToro | sofi |
Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | sofi Twitter Account | |
eToro Facebook Page | sofi Facebook Page | |
eToro Instagram Account | sofi Instagram Account | |
eToro LinkedIn Page | sofi LinkedIn Page | |
YouTube | eToro YouTube Channel | sofi YouTube Channel |
Find Out More |
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sofi and eToro Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing eToro and sofi will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
eToro vs sofi - Awards
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Broker | eToro | sofi |
Awards |
eToro have won many industry awards over the years they have been running as an online trading platform. We list the most recognised awards for eToro here.
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At the time of writing this sofi review, and despite sofi’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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eToro vs sofi - Frequently Asked Questions
eToro vs sofi - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
sofi was founded in 2015 and has its headquaters in Lebanon.
What is the minimum deposit for sofi or eToro
The minimum deposit for eToro is $50.
The minimum deposit for sofi is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and sofi are a good option.
eToro vs sofi - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
sofi is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F306.
Both eToro and sofi have a powerful collection of rules for ensuring fair trading onto their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare eToro vs sofi Commission And Fees
eToro and sofi are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the number of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you are paying a spread, funding speed, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are those that are billed when you hold a leveraged position for more than daily.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither eToro or sofi charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who often exchange, such as daily or weekly trading.
But, non-trading fees charged by eToro and sofi are relatively competitive. As a result, you are charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't related to the purchase and sale of resources.
This eToro vs sofi review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For eToro And sofi
What Languages Do eToro And sofi Support?
Being able to chat easily with your trading broker is a key part of comparing brokers to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Below you can find all the languages that both eToro and sofi support.
How Many Clients Do eToro and sofi Have?
Both eToro and sofi are well established with their customer base. It is really important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers eToro and sofi are working with
What Payment Methods Do eToro and sofi Accept?
eToro and sofi both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at eToro and sofi
What Can You Trade With eToro and sofi?
eToro offers 100 trading instruments while sofi offers 189.
Below you will find a full breakdown of what both eToro and sofi offer.
eToro Review
eToro vs sofi:
Table Of Contents
- Compare eToro vs sofi
- Benefits of eToro and sofi Compared
- sofi and eToro Mobile App Comparison
- eToro vs sofi - Awards
- eToro vs sofi - Frequently Asked Questions
- What is the minimum deposit for sofi or eToro
- eToro vs sofi - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And sofi
- What Languages Do eToro And sofi Support?
- How Many Clients Do eToro and sofi Have?
- What Payment Methods Do eToro and sofi Accept?
- What Can You Trade With eToro and sofi?