SoFi wants to support our members by encouraging long-term investing behaviors.
You are able to sell securities obtained during an IPO whenever you like on the secondary market. SoFi does not restrict the sale of securities that have recently IPO'd.
There are no commission fees with SoFi’s IPO Investing. However, please note, that if you do sell your securities within the first 120 days post-IPO, you will be charged a fee of $50 for the first sale and $5 for each subsequent sale.