SoFi is designed for users seeking a unified platform for their primary financial activities. The app successfully merges a high-yield checking account with robust investment and cryptocurrency trading tools, eliminating the need to switch between multiple applications. A key feature is the automated investing functionality, which allows users to set up recurring transfers into diversified stock and bond ETFs based on personal risk tolerance. For more hands-on management, the app provides commission-free trading of stocks and fractional shares. The integrated cryptocurrency section supports trading for over twenty digital assets, including Bitcoin and Ethereum, with real-time price charts and market data.
User feedback frequently highlights the convenience of having all accounts accessible from a single dashboard, with particular praise for the clarity of the interface and the speed of transfers between SoFi products, like moving funds from a Checking account to an Invest portfolio. However, some limitations exist. While the crypto trading is functional, it lacks the advanced charting tools or order types found on dedicated exchange apps. Reviews also indicate that navigation to specific sub-accounts, like individual Savings Vaults, can require one or two extra taps compared to viewing the main account balances. For individuals who prefer keeping their banking and investing strictly separate, this all-in-one approach might feel too consolidated. Nonetheless, for its target user—someone looking to simplify their financial management while earning competitive interest and beginning an investment journey—the SoFi app delivers a notably coherent experience.
User feedback frequently highlights the convenience of having all accounts accessible from a single dashboard, with particular praise for the clarity of the interface and the speed of transfers between SoFi products, like moving funds from a Checking account to an Invest portfolio. However, some limitations exist. While the crypto trading is functional, it lacks the advanced charting tools or order types found on dedicated exchange apps. Reviews also indicate that navigation to specific sub-accounts, like individual Savings Vaults, can require one or two extra taps compared to viewing the main account balances. For individuals who prefer keeping their banking and investing strictly separate, this all-in-one approach might feel too consolidated. Nonetheless, for its target user—someone looking to simplify their financial management while earning competitive interest and beginning an investment journey—the SoFi app delivers a notably coherent experience.
Key Features
Unified dashboard for checking, savings, and investment accounts
Commission-free stock & ETF trading with fractional shares
Integrated cryptocurrency trading for major digital assets
“
“If you want the very best app for banking, investing, etc., SoFi is the way to manage it all. It has everything I need in one package.”
★★★★★Verified User Review
iOSUpdated Jan 7, 2026
