Head-to-head comparison across ratings, fees, asset coverage, and platform breadth.
4.0 / 5
Best for OTC and penny-stock buyers who want $0 commissions, plus mainstream mutual-fund and 24/5 access. Smaller platform and research footprint than the big four, but the price floor is uncontested.
4.0 / 5
Best one-app financial life for beginners and casual investors. Unbeatable on $0 options + IPO access + 1% IRA match. Avoid if you trade OTC, options spreads professionally, or hold meaningful idle cash.
Each broker scored 0–5 across the same 8 dimensions.
Green cells mark the winner on each metric. Tie rows are uncoloured.
| Metric | Firstrade | SoFi | Winner |
|---|---|---|---|
| OverallEditorial score | 4.00 / 5 | 4.00 / 5 | Tie |
| Sub-ratingsCommissions & fees | 5.00 | 4.50 | Firstrade |
| Sub-ratingsPlatforms & tools | 3.50 | 3.50 | Tie |
| Sub-ratingsMobile app | 4.00 | 4.50 | SoFi |
| Sub-ratingsResearch | 3.50 | 3.00 | Firstrade |
| Sub-ratingsEducation | 3.50 | 3.50 | Tie |
| Sub-ratingsCustomer service | 3.60 | 3.50 | Firstrade |
| Sub-ratingsRange of investments | 3.80 | 3.50 | Firstrade |
| Sub-ratingsActive trading | 3.60 | 3.00 | Firstrade |
| PricingLowest margin rate | 10.75% | 4.75% | SoFi |
| PricingDefault cash sweep yield | 3.50% | 0.01% | Firstrade |
| PricingPFOF on equities | Accepts | Accepts | Tie |
| Asset class | Firstrade | SoFi |
|---|---|---|
| US stocks | Yes | |
| OTC / Pink Sheets / OTCQX / OTCQB | Yes | |
| Fractional shares | Yes | |
| Options | Yes | |
| US Treasuries | Yes | No |
| Corporate / muni bonds | Yes | No |
| International stocks (US app) | No | |
| 24-hour overnight equity trading | Yes | No |
| US stocks (NYSE/Nasdaq) | Yes | |
| OTC / Pink Sheets / OTCQB / OTCQX | No | |
| Fractional shares (Stock Bits) | Yes | |
| Options (single-leg + defined-risk spreads) | Yes | |
| International stocks | No | |
| IPO Investing | Yes | |
| Pre-IPO / Private funds | Yes |