can i buy sofi stock? Quick Guide

Can I Buy SoFi Stock?

can i buy sofi stock — short answer: yes for most retail investors. This article explains what "SoFi stock" refers to (SoFi Technologies, Inc., ticker SOFI), who is eligible to buy SOFI shares, step-by-step instructions for purchasing shares, brokerage and platform choices (including SoFi’s own brokerage), fractional shares and order types, tax and regulatory points, risks, alternatives and where to find up-to-date company data.

Read on to learn practical steps you can take today, the checks to run before placing an order, and the news items investors often monitor for SOFI.

What is "SoFi stock"?

"SoFi stock" refers to the publicly traded equity of SoFi Technologies, Inc., which trades under the ticker SOFI on a U.S. exchange. SoFi is a technology-first consumer finance company that bundles lending, banking, investing and related financial services into a mobile-first platform.

Core business areas typically discussed under the SoFi umbrella include:

• Lending: student loan refinancing, personal loans and home loan origination and servicing.
• Banking and deposits: consumer banking products, debit cards and deposit accounts (product availability varies by market and regulatory approvals).
• Investing: brokerage services and wealth-management tools available via SoFi Invest and related products.
• Payments and crypto: crypto trading features and related product launches (distinct from equity ownership).

Important distinction: owning SoFi stock (SOFI) means owning shares of the company—an equity claim on SoFi Technologies, Inc. Owning shares is different from using SoFi’s consumer products (for example, signing up for SoFi Invest as a brokerage customer or using SoFi’s crypto services). The former is ownership; the latter is use of a financial product.

Can anyone buy SOFI shares?

In principle, any investor with a funded brokerage or trading account that supports U.S.-listed stocks can buy SOFI shares. That covers many retail and institutional brokers that accept customers from the investor’s jurisdiction. The practical requirements commonly include:

• Account registration and identity verification (KYC).
• Meeting minimum funding or deposit thresholds (varies by broker).
• Residency and regulatory allowances — some countries restrict access to U.S. equities or require additional paperwork.

Exceptions and special cases:

• Certain jurisdictions may block access to specific U.S.-listed securities or require local licensing.
• Some account types (for example, tax-advantaged retirement accounts) apply different rules for what you can buy, margin availability, and tax reporting.
• Institutional accounts or large block trades may have additional onboarding and compliance steps.

If you are unsure whether your country or account type supports SOFI trades, check with your broker’s help center or compliance team before attempting to buy.

How to buy SoFi (SOFI) — Step-by-step

Open and fund a brokerage account

1. Choose a brokerage that offers U.S.-listed equities. Options include mobile-first brokers, full-service online brokers, and SoFi’s own brokerage product. Several well-known brokerages enable direct trading of U.S.-listed stocks.
2. Register and verify identity (photo ID, address verification, and other KYC items).
3. Fund the account by bank transfer, wire, or supported payment method. Funding times vary; same-day or ACH deposits are common in the U.S. but can take several business days depending on method and brokerage.

Practical note: if you plan to buy directly on U.S. exchanges you will need a broker that lists SOFI on NASDAQ. If you prefer dollar-based fractional purchases, confirm your broker supports fractional trading.

Find the ticker and place an order

1. Search for the ticker symbol: SOFI.
2. Select stock trading (not crypto). Confirm you have the correct security — ticker symbols can be reused or have multiple classes on rare occasions.
3. Choose order type: market (executes at current market price) or limit (executes only at your specified price or better).
4. Enter quantity (number of shares) or dollar amount (if platform supports fractional shares/dollar-based investing).
5. Review estimated fees and order details, then submit.

Short guide to order sizing: if you are risk-managing a new position, consider sizing orders relative to your portfolio and use limit orders if you want price control.

Order execution and confirmation

After submitting, the broker routes the order for execution. You will usually receive an order confirmation and a trade confirmation once the order is filled. Check your portfolio or positions list to confirm shares and the executed price. For partially filled orders or during extended-hours trading, a fill can take longer.

Using SoFi’s own platform

SoFi Invest (the brokerage arm of SoFi) offers commission-free trading for U.S.-listed stocks and ETFs on many accounts, fractional shares (dollar-based investing), and robo-advisory options. You can use SoFi Invest to search for SOFI (the same public SOFI ticker) and place orders like any brokerage.

Important clarity: SoFi the company operates consumer products (SoFi Invest, SoFi banking) and separately issues public shares that trade on exchanges. Buying SOFI shares on an exchange follows the same mechanics regardless of whether you use SoFi Invest or another brokerage.

Brokerage choices and platform features

Typical broker categories and feature comparisons:

• Mobile-first brokers (for example, Robinhood and Public): streamlined apps, often commission-free trades, and user-friendly interfaces targeted at retail traders.
• Social or commission-free platforms (for example, eToro and Public): social feeds, fractional shares, and copy-trading features (where available).
• SoFi Invest: integrates brokerage and robo-advisory services and offers fractional shares and educational content.
• Full-service brokers: richer research, analyst reports, margin and options trading, but may charge commissions or higher account minimums.

Platform features to check when buying SOFI:

• Fractional shares and dollar-based investing: lets you buy a portion of a SOFI share for a set dollar amount.
• Extended-hours trading: some brokers allow pre-market and after-hours orders (prices and liquidity can differ outside regular hours).
• Margin and options: if you plan to use margin or trade derivatives related to SOFI, ensure your broker permits those products.
• Fees and non-trade charges: account maintenance, ACH/wire fees, transfer-out fees, and margin interest.

Investor protections and custody:

U.S. brokerages commonly belong to industry protections and clearing frameworks. Two relevant protections are:

• SIPC coverage for brokerage accounts (protects against brokerage firm failure up to stated limits, not against market losses).
• FINRA oversight for many U.S. broker-dealers.

When discussing platforms and exchanges, Bitget is recommended for users interested in a provider with integrated wallet services and crypto offerings; for U.S.-listed stock trading specifically, choose a brokerage that lists SOFI and supports U.S. equities.

Fractional shares, minimums, and dollar-based investing

Fractional shares allow investors to buy a portion of a SOFI share using a specified dollar amount rather than a whole-share quantity. This makes high-priced or volatile stocks accessible for small-dollar investors.

Common platforms offering fractional shares include SoFi Invest, Public, and many mobile brokers. Fractional executions can differ across brokers — check whether your platform guarantees same-day settlement or how it handles dividend distributions on fractional holdings.

Minimums: some brokers set a minimum dollar amount per fractional trade (for example, $1 or $5). Confirm the broker’s rules before placing an order.

Order types and trading hours

Basic order types:

• Market order: executes at the best available price and usually fills quickly during regular hours.
• Limit order: executes only at the limit price you specify or better; useful to control purchase price.
• Stop orders and advanced conditional orders: available at some brokers for risk management.

Trading hours for U.S. exchanges:

• Regular market hours: 9:30 a.m. to 4:00 p.m. Eastern Time (ET).
• Pre-market and after-hours sessions: many brokers offer extended trading (examples: 4:00–9:30 a.m. ET pre-market and 4:00–8:00 p.m. ET after-hours), but liquidity is typically lower and spreads can be wider.

If you place orders in extended hours, expect lower liquidity and potentially higher price volatility; limit orders can help manage execution price uncertainty.

Fees, commissions, and other costs

Many retail brokers now offer commission-free trades on U.S.-listed stocks, which can make buying SOFI inexpensive from a per-trade perspective. Still, consider these potential costs:

• Spread and slippage: execution price can differ from displayed quotes in fast markets.
• Account transfer or broker-assist fees: moving assets between brokers can incur charges.
• Margin interest: if you borrow to buy shares, margin interest applies.
• Inactivity or account-maintenance fees: less common, but check broker terms.

Platform promotions and special terms: brokerage promotions or IPO access programs may have specific rules; read promotional fine print before relying on them.

Tax, regulation, and investor protections

Tax basics in the U.S. (general information only):

• Capital gains: profits on sold shares are subject to capital gains tax. Short-term gains (held one year or less) are typically taxed at ordinary income rates; long-term gains (held over one year) may get preferential rates.
• Dividends: if SoFi pays dividends (historically many growth fintechs have not distributed large dividends), those payments are taxable in the year received.
• Reporting: brokers send Form 1099 (U.S.) summarizing dividends, sales and costs basis. Consult a tax advisor for specifics.

Regulatory and insurance notes:

• Brokerage accounts are not FDIC insured for securities; cash sweep products in brokerage accounts may use FDIC-insured bank partners for deposit sweeps.
• SIPC coverage may protect customers if a brokerage firm fails, up to specified limits, but SIPC does not protect against market losses.

Regulatory regimes and reporting requirements vary by country — international investors should check local tax rules and any cross-border reporting obligations.

Risks and considerations before buying SOFI

Company-specific risks:

• Volatility: fintech growth stocks like SOFI can be volatile and react to macro shifts and company-specific news.
• Fundamentals and valuation: review revenue growth, profitability trends and valuation metrics; growth valuations can compress quickly.
• Dilution risk: public companies can issue new shares or use equity for acquisitions, which can dilute existing holders.

Market-level risks:

• Interest rates: SoFi’s lending and deposit economics can be sensitive to interest rate cycles.
• Regulatory change: consumer finance and fintech face evolving regulation across markets.
• Competition: legacy banks and new fintech entrants compete across lending, deposits and payments.

Due diligence checklist before buying:

• Read the latest earnings release and listen to management commentary.
• Review SEC filings (10-Q, 10-K) for financial detail and risk disclosures.
• Check analyst coverage and sell-side reports to understand market sentiment.
• Monitor product launches, capital raises, and membership metrics.

Neutral reminder: this article is informational, not investment advice. Decisions should be based on your objectives and, when appropriate, professional advice.

Company fundamentals and where to check current data

Primary sources to check for reliable, up-to-date information:

• Company investor relations and press releases.
• SEC filings: 10-Q quarterly and 10-K annual reports contain audited financials and detailed risk disclosures.
• Market-data providers and brokerage quotes for real-time prices, market capitalization and volume.

Key metrics to review for SoFi include:

• Market capitalization and daily trading volume.
• Revenue growth, operating income or net earnings, and margin trends.
• Deposits, loan originations and credit performance for lending segments.
• Member counts, product adoption rates and cross-sell metrics.

Example data points (time-stamped): as of 2026-01-17, according to Benzinga, SoFi reported quarterly revenue of $949.63 million and earnings of $130.97 million in their most recent quarter; membership expanded to 12.6 million and 18.6 million products as of Q3 2025. Always confirm current figures directly from SoFi’s investor relations and the latest SEC filings.

Alternatives to buying individual SOFI shares

If you prefer exposure to the fintech sector or to SoFi without holding individual shares, consider:

• ETFs and mutual funds with fintech or financial sector exposure — these provide diversification versus single-stock risk.
• Options on SOFI (if you have advanced experience and your broker supports options) for hedging or leveraged exposure.
• Fractional-dollar investing through robo-advisors that include fintech components in model portfolios.
• Note: SoFi’s crypto products and token offerings are separate from owning shares of SoFi Technologies; using crypto services does not convey equity ownership.

Frequently asked questions (short answers)

Q: can i buy sofi stock if I live outside the U.S.? A: Many international investors can buy SOFI through brokers that support U.S.-listed equities, subject to local regulations and broker availability. Residency rules vary — check with your broker.

Q: does SoFi pay dividends? A: As of the most recent public filings and earnings commentary, SoFi has not been a regular dividend payer; dividend policy can change and any payouts would be disclosed in company filings.

Q: can i buy fractional shares of SOFI? A: Yes on many platforms. Fractional shares are commonly offered by SoFi Invest, Public and several mobile brokers, but availability depends on the broker.

Q: are there trading hours restrictions when buying SOFI? A: SOFI trades during regular U.S. market hours (9:30 a.m.–4:00 p.m. ET). Many brokers also offer extended trading sessions with different liquidity and price risks.

Q: can i buy SOFI through SoFi Invest? A: Yes. SoFi Invest lists SOFI like any other U.S.-listed stock; you can use SoFi Invest to place market or limit orders, and access fractional shares where offered.

Recent developments and news to watch

As of 2026-01-17, according to Benzinga, market conditions have been broadly positive with consumer discretionary strength and new all-time highs in major U.S. indices. Specifically for SoFi, Benzinga reported that SoFi posted record quarterly results showing strong revenue growth (reported $949.63 million in the most recent quarter) and improving profitability (reported $130.97 million in earnings). The report also noted membership expansion to approximately 12.6 million members and 18.6 million products as of Q3 2025.

Items investors commonly watch for SOFI:

• Quarterly earnings and management guidance.
• Product launches (for example, any material stablecoin, crypto, or payments initiatives that could change revenue mix).
• Capital raises or share issuances which can affect supply and dilution.
• Regulatory developments affecting consumer lending and fintech business models.

All figures and developments should be cross-checked with SoFi’s official investor relations materials and the latest SEC filings for the most current and authoritative data.

References and further reading

Sources you can consult for practical steps and data (search these names on your browser or in your broker app):

• SoFi Invest (official brokerage product and educational pages).
• Broker market pages for SOFI (your chosen brokerage’s quote page for SOFI).
• Yahoo Finance or other market-data providers for quotes, market cap and volume.
• Benzinga news coverage (market commentary and company updates).
• SEC filings and SoFi investor relations for formal disclosures and financial statements.

Note: do not rely solely on summaries — read filings and earnings transcripts for detailed, actionable facts.

Final notes and next steps

If your question is simply "can i buy sofi stock," the practical next steps are:

1. Decide which brokerage you will use to access U.S.-listed stocks and complete account setup and funding.
2. Confirm support for fractional shares or order types you plan to use.
3. Review SoFi’s most recent earnings and filings to ensure you understand current fundamentals and recent developments.
4. Place an order (market or limit) sized to your plan and risk tolerance.

If you use crypto or wallet services as part of your broader financial plan, consider Bitget Wallet for custody of digital assets and Bitget’s platform for integrated crypto services—but remember that purchasing SOFI shares requires a brokerage that lists U.S. equities. For further hands-on help, open your preferred brokerage app and search ticker "SOFI" to view current price, available order types and fees.

Explore more Bitget resources and the Bitget Wallet for crypto needs, and consult a tax or financial advisor to align any stock purchase with your personal tax situation and investment goals.