SoFi Invest
About SoFi Invest
- Types of Investments With SoFi Invest
- Does SoFi have enough capital to clear trades/post collateral?
- What is SoFi Invest?
- What types of SoFi Invest accounts do you offer?
- Who is eligible for a SoFi Invest account? Do I have to be a US Citizen or a Permanent Resident?
- How do I create an Invest account? How long does it take to open a SoFi Invest account?
SoFi Invest Information
- Meta Platforms, Inc (Facebook) Updating Ticker Symbol from FB to MVRS June 9th
- Does My Invest Account Earn Interest?
- How SoFi Shows Gains in App & Website
- What are Realized & Unrealized Gains?
- What is a Security Lending Program?
- How do I opt-out of Securities Lending?
IPO Investing
- SoFi IPO Center Current Offerings
- How does SoFi's IPO Investing work?
- Why is the final IPO price per share higher/lower than my Indication of Interest (IOI) price?
- How is the offering price determined?
- How much time do I have to confirm my order?
- What happens if I miss the order confirmation time period?
Active Investing
- Are you going to continue to allow members to trade?
- GameStop (GME) 4-for-1 Stock Split Effective Friday, July 22, 2022
- How do I open an Active Investing brokerage account?
- Is there an age requirement to open a brokerage account?
- Will your site give recommendations?
- Can I combine my Automated Investing and Active Investing accounts into one?
Automated Investing
- What is rebalancing? How often will my Automated Invest portfolio be rebalanced?
- How do I create (not fund) an Automated Invest account?
- Can I request that my money be invested in certain stocks in my Automated Invest account?
- What kinds of accounts can I have?
- Will your Investment Specialists try to upsell me?
- Is SoFi Wealth a Broker Dealer or Registered Investment Advisor?
Trading
- What is Payment for Order Flow (PFOF)?
- Google parent Alphabet (GOOG, GOOGL) 20-for-1 Stock Split Effective Monday, July 18, 2022
- Why did my price change after I placed my trade or Why didn’t my trade execute?
- Why did my price change after I placed my trade or why didn't my trade execute? (Circuit Breaker event)
- Why did my price change after I placed my trade for fractional shares?
- Why did my price change after I placed my trade?
Crypto
- Ethereum Merge
- What order types are available for Crypto?
- Why did my price change after I placed my crypto trade?
- How do I withdraw cash from my SoFi Crypto Invest account?
- Why can’t I purchase some of the new Cryptocurrencies added to SoFi?
- Can I invest in Crypto with my IRA?
No Fee Crypto Purchases with Direct Deposit
- What if the dollar amount/percentage I specify for my no-fee crypto order is larger than my direct deposit?
- My direct deposit just posted, but my no-fee crypto purchase was unsuccessful. Why?
- If my direct deposit is splitting into multiple accounts, how is the order determined?
- Can I automatically split my direct deposit into more than one SoFi account?
- When I automatically buy crypto when I get paid, how soon can I sell the crypto and withdraw the proceeds?
- What coins can I automatically invest in when I get paid?
Margin Trading
- Where can I see the margin maintenance requirement of a stock?
- Is Crypto eligible for margin trading?
- How do I apply for Margin Trading?
- How does margin work?
- How much can I borrow on margin?
- What is margin investing?
Account Maintenance / Management
- How do I transfer assets out of my SoFi Invest account as an ACAT?
- How do I close my Invest Account if there is a negative balance?
- When does my monthly Invest statement become available? / How often do you provide statements?
- How do I check my Invest balance?
- Can you link your SoFi Invest account to aggregators?
- Why was my Invest trade canceled?
Deposits & Withdrawals
- How do I withdraw cash from my SoFi Auto Invest account?
- What is my SoFi Invest Instant Funding Limit?
- Rollover or Personal Check Deposit Information for SoFi Invest Account
- How do I send a wire to my SoFi Invest account?
- How do I link my SoFi Money account to my SoFi Invest account?
- How do I manually connect my bank account to my SoFi Invest account without Plaid?
Transfer Assets
- How do I transfer my shares from SoFi Invest to a Transfer Agent?
- How do I move funds/securities/assets from another Brokerage (like Robinhood) to SoFi?
- How do I transfer assets to SoFi Invest account as an ACAT?
- How can I tell the status of my ACAT?
- What is SoFi's Broker Clearing Number?
- Is there a charge for an ACAT transfer? Does SoFi reimburse other fees?
IRA Contributions
- How do I designate the contribution year for my SEP IRA?
- Can I open multiple IRA accounts?
- Will my automated funding into my IRA account automatically stop once I reach the $6,000 limit?
- Does SoFi Invest support inherited IRAs?
- Does SoFi offer custodial Roth IRA accounts?
- Does SoFi offer SoFi traditional IRA conversion to SoFi Roth IRA?
Dividend Reinvestment
- Dividends
- Dividends: Important Dates
- How does dividend reinvestment at SoFi work?
- Is “Dividend Reinvestment” optional?
- Can I start or stop dividend reinvestment at any time?
- What investments are eligible for dividend reinvestment?
Recurring Investments
Social Investing
- How do I turn on/off my SoFi Invest social sharing? / How do I enable or disable Social Investing on my account?
- What is SoFi's Social Investing feature?
- Can anyone see my profile and investing activity when using the Social Investing feature?
- What information is made available to others as part of SoFi’s Social Investing feature?
- How can I see my Invest profile?
- What account types can have Social Investing enabled?
Tax Preparation-Invest
- How does SoFi sell tax lots?
- Who is TAXbit and what do they do?
- What IRS Forms need to be completed for Crypto?
- Do I need to file taxes for crypto
- How do I access my tax documents after I’ve closed my Invest account?
- Can my tax documents be mailed if I close my Invest account?