Can I Buy Treasury Bonds on SoFi?
SoFi Invest provides many helpful features and services for investors. However, certain types of investment products are not available. Bonds, including Treasuries, are part of the asset classes that SoFi does not offer.
SoFi Bonds Investing Alternative: Charles Schwab
If you are interested in investing in Treasury Bonds, Treasury Notes, Treasury Bills, corporate bonds, municipal bonds, or other types of bonds, you’ll need to look elsewhere.
A great
low-cost option for bonds is Charles Schwab.
Charles Schwab offers $0-commission trading, a powerful trading platform, and a full list of investment options, including bonds, stocks, mutual funds, futures, ETFs, and forex.
Learn more about Charles Schwab Treasuries
Free Charles Schwab Account
Open Schwab Account
SoFi Invest Fees
Fees at SoFi Invest are very low. Trading comes with no commissions, and there are no trade volume requirements. Additionally, there is no minimum balance required to open or maintain an account.
Advanced tools and services, such as automated investment accounts and access to financial advisors, are also offered without fees. This is a unique feature since many brokers charge for these services.
However, there are some fees to be aware of that are either unrelated to trading or originate from external sources.
Exchange fees, for example, are charged by FINRA and passed along to investors. These fees are minimal, and most investors hardly notice them.
Other fees are related to account processes, such as bounced checks or failed ACH transfers. For instance, incoming ACAT transfers are free, but outgoing ACAT transfers cost $75.
Promotion
Current offer at SoFi Invest: Download the app, open a new account, and make your first deposit to receive a fractional share valued between $5 and $1,000!
Treasury Bonds on SoFi Summary
Opening an account at SoFi Invest is easy and comes with several benefits. Whether you use the mobile app or the website, the process is straightforward, and your account can be ready in just a few minutes. Whether you’re setting up an IRA or a standard investment account, SoFi offers a variety of options for both automated and self-directed investing.
Updated on 4/11/2025.
Continue Reading