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Moomoo vs SoFi Invest
The same facts side by side. Swap a broker from the menu under its logo; the best value in each row is marked.
- Moomoo leads
- 4
- SoFi Invest leads
- 0
- Level
- 3
Of 7 scored facts, Moomoo leads on 4, SoFi Invest on 0, and 3 are level. Countries and the offer are not scored.
Head-to-head
The best value in each row is marked; rows where every broker matches carry no mark.| Fact |  Moomoo |  SoFi Invest |
|---|---|---|
| Fee per contract | $0 per contract | $0 per contract |
| Moomoo, Index, non-retail and other fees extra | SoFi Invest, Regulatory and clearing fees apply | |
| Exercise and assignment | Not published | Free |
| Approval | NakedBest | Covered |
| Moomoo, Up to naked short options | SoFi Invest, Covered calls and cash-secured puts | |
| 0DTE | Yes | Yes |
| Index options (SPX) | Yes | Not published |
| Options on futures | No | Not published |
| Spreads in an IRA | No | Not published |
| Portfolio margin | Not published | Not published |
| Margin rate | 6.80%Best | 9.00% |
| Platforms | Desktop, Mobile, APIBest | Web, Mobile |
| Paper trading | Yes | Not published |
| 24/7 support | No | No |
| Countries | US residents and non-US residents whose ID country is listed in the app | US only (SSN or ITIN; citizens, residents, supported visas) |
| QuantWheel | Trade & SyncBest | Not connected |
| Moomoo, Reads the account and places the orders you approve | ||
| Offer |
Facts from each broker's fee schedule and options agreement, checked 8 October 2026. Best marks the lowest cost or the widest allowance in a row.
The two brokers
One paragraph each.Moomoo$0 per contract · exercise fee not published · naked
Moomoo opens options accounts for residents of the United States, among the 9 countries this directory covers. It charges $0 per contract (Index, non-retail and other fees extra). It does not publish its exercise and assignment fees. It approves up to naked short options. It trades on Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
SoFi Invest$0 per contract · free exercise · covered
SoFi Invest opens options accounts for residents of the United States only. It charges $0 per contract (Regulatory and clearing fees apply). Exercise and assignment are free. It approves up to covered calls and cash-secured puts. It trades on Web, Mobile. It is not connected to QuantWheel.
What each costs for the way you trade
A year of fees from each broker's published prices, checked 7 and 8 October 2026.
- Moomoo$0.07 a trade, under 0.1% of your premium, fee not published
- $6.74 a year
- SoFi Invest$0.07 a trade, under 0.1% of your premium
- $7.03 a year
Moomoo is $0.29 a year lower on the fees it publishes, and it does not publish every fee this strategy needs
Not counted because Moomoo does not publish them: assignment fee, live options quote price, inactivity fee. Not counted because SoFi Invest does not publish them: FINRA trading activity fee.
Estimates from published fees. Your broker statement can differ, and brokers change fees. A fee a broker does not publish is never counted as $0.
Questions people ask
Moomoo vs SoFi Invest