Fills and Fees
All brokers

SoFi Securities

Retail brokerPrices: September 2026Files a payment report
Yearly cost at SoFi
Market orders fill at once; marketable limit orders add a price cap.

Spread = the gap between the best buy and sell quotes; 0% = filled at its midpoint, the fair price.

Customer pays (% spread)0% = you got the fair price, 100% = you paid the full gap between buy and sell quotes; lower is better.
50%
of the spread · #20 lowest of 25
Broker is paid (% spread)The payment in the same unit as the customer's cost, so the two compare directly.
1.7%
18.0¢ per 100 shares
Same-trade gapPoints of the spread on identical stocks and order sizes; below zero = better than other brokers.
+39.7
points vs other brokers, identical trades
Extra cost / $10kDollars paid above the fair price (midpoint of the best buy and sell quotes) per $10,000 of market orders, all sizes under $200,000 averaged (largest orders weigh most); lower is better.
$1.48
above the fair price
Avg order ($)Average dollars per order; brokers whose customers place bigger orders tend to get better prices.
$4,802
87% of orders beat the quoted price
Time to fillAverage time from receiving a market order to completing it; faster is not better here, as brokers whose orders took longer got better prices.
55 ms
typical broker 110 ms

Cost by order size

S&P 500 · vs all brokers

Where its orders go

By trading firm · Apr–Jun 2026

What SoFi charges

For a standard self-directed account

Every broker's fees
  • Commission per stock trade
    Per online stock or ETF trade; most brokers charge $0.
    $0
  • Options, per contract
    On top of any commission; the price reports don't cover options.
    $0
  • Margin interest rate
    Yearly, standard rate at about a $25,000 balance.
    9.75%
  • Interest on idle cash
    Depends on order size, a balance tier or a program, or the rate isn't published: see the broker.
    Varies
  • Full transfer out
    To move your whole account to another broker.
    $100
SoFi's price list, checked Nov 2, 2026. Sources: sofi.com/invest/pricing, nerdwallet.com/best/investing/onli…, quantwheel.com/marketplace/brokers…, brokerage-review.com/article/broke…, brokerchooser.com, support.sofi.com/hc/en-us/articles…, support.sofi.com/hc/en-us/articles…, support.sofi.com/hc/en-us/articles…, support.sofi.com/hc/en-us/articles….

Is SoFi registered?

Regulator records

  • Registered with FINRA, CRD 151717. BrokerCheck record
    Licences, history and any disciplinary events.
    Registered
  • SIPC member: yes. SIPC member list
    Up to $500,000 of securities and cash back if the broker fails; not market losses.
    Member
  • Publishes the monthly price report (SEC Rule 605)
    Where this page's prices come from.
    Published
  • Reports what it is paid for orders (SEC Rule 606)
    Also where its orders go.
    Published
Not an endorsement: a registered broker can still get you poor prices.

Payment rate over time

Cents per 100 shares, averaged across its trading firms

Paid, by type of trade

Dollars per quarter (SEC Rule 606)

Fractional vs whole sharesFractional orders are often priced differently from whole shares.

S&P 500 · customer pays, by lot type