Composer by SoFi User Reviews

Composer by SoFi
Composer by SoFi
Composer Technologies Inc.

Customer Experience

Positive experience39.3% of reviews
Neutral0.0% of reviews
Negative experience60.7% of reviews

~ Based on 56 written reviews from the US App Store.

What users say

Is Composer by SoFi Safe?

Composer by SoFi appears safe based on user ratings. AppsHunter Safety Score for Composer by SoFi is 87/100.

This assessment is based on 632 user ratings, with an App Store average of 4.4/5.

Safety Analysis

85.3% of ratings point to a safe experience
3.2% of ratings suggest some concerns
11.6% of ratings point to a risky experience

~ Based on 632 App Store ratings for Composer by SoFi.

Is Composer by SoFi Legit?

Composer by SoFi appears legitimate, with a few gaps. AppsHunter Legitimacy Score for Composer by SoFi is 73/100.

Based on 73 of 100 points across 7 verification signals from App Store and developer data.

Top reviews

Avoid - skips trades routinely

Traded less than 10 times over the course of a month after transferring $30k into it. 2 times composer did not execute the change in the next change window (which is already a lag since it only happens at the end of the day). It cost me $100s. The lack of control you have over trade timing is genuinely concerning. Support is terrible and took days to reply after confirming they skipped trades. I immediately liquidated my funds and transferred out. I recommend you stay away. Too many other options out there to deal with this trash.
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Casual investor

I donโ€™t gamble often but when I do itโ€™s poker not day trading. (More fun). Composer offers a place for me where I (the casual long investor) can do copycat or easily utilize AI with my own parameters, instead of institutional research departments and the fees associated with managed accounts. I m trying it for a bit to see how it goes. Lots of etf going on by AI here.
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Overall very nice app

Easy to signup and onboard. Pretty simple to use and already up money ๐Ÿ‘. Very trustworthy now that they are affiliated with SoFi

Deceptive practices

I thought it was 40$ to try but the app charged me like 250 for a year membership even after I cancelled. There is no assistance either so I could not get my money back, everything is ai. Zero real human customer service. Even responding to their response just takes me to generic faq. Doesnโ€™t seem to perform any better than traditional avenues, stay away from this scam . I canโ€™t imagine how much Iโ€™d lost . I only put 500 in and Iโ€™m down to 319. Figured Iโ€™d keep my money in and see if it grows since they would refund me. lol just keeps shrinking. This apps a joke and no support/ docs or community behind it
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Response from developer

Hi Finmatic - Thank you for taking the time to leave a review. We offer a 14-day free trial, and you may choose to subscribe to the Trading pass on a monthly or annual basis. You can cancel at any time. Please contact our team at help@composer.trade, and we would be happy to investigate this further!

Shady

Like some of the other feedback, they bait you by depositing $50 THEN tell you to pay $32 a month to use their service and your money is trapped in limbo for 6 business days before you can think about withdrawing it. Then when you go to pull it out, itโ€™s not functional and you have to contact support.
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Deceptive practices

I thought it was 40$ to try but the app charged me like 250 for a year membership even after I cancelled. Doesnโ€™t seem to perform any better than traditional avenues

Ridiculous

Complete waste of time and money

Shady

When there are subscriptions required in order to use an app, the app should NOT make you deposit before mentioning the cost. I deposited $50 to try this out and didnโ€™t find out there was a $32/mo subscription required until after the deposit. That is a shady practice and it should be (likely is) not legal.

Now I have to wait for six business days to withdraw my deposit. I know $50 is not much but just imagine how many people are falling into this trap and giving this company free money on their books for a week at a time for absolutely nothing.

Steer clear of apps like this in my opinion.
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Fraud

Fraudulent service, doesnโ€™t respond to service question wont allow me to with draw or close accountโ€ฆ Do not use!

Donโ€™t get your hopes up!

There was no advantage using this app over the other regular investment apps. They do charge $30-40 a month and have a long listed fee sheet. Once you decide Composer isnโ€™t worth it and you want to close your account, they make it extremely difficult. I eventually contacted my bank to close the auto-draft option because I was getting the runaround with the app.
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Response from developer

Hello happyfrush - We appreciate you taking the time to leave a review about your experience. We offer commission-free trading, and the only fee related to automated trading is our Trading Pass. You can cancel at any time and withdraw your funds. Please contact our team directly at help@composer.trade, and we can assist further!

Best thing to ever happen to me

This platform is a game changer.

Long time to get my money back

Not happy with their policy of withdrawing my own money. It will take 10 business days to get my money back.

Scam

Scam

Great crowd sourcing of ideas

Excellent

Keep your money

If this is AI, we are all in trouble

Canโ€™t see my investments?!?

This app just stopped working about 15 mins ago, right before market close on Jan 9th. Unbelievable! Apps like these need to be DEPENDABLE, at the least!

Canโ€™t setup 2-factor verification

Support is unavailable. Thereโ€™s no one to respond. Iโ€™ve pinged using the app atleast 3-4 times. They donโ€™t have phone support. How is one to reach the company? (Presuming there is one)

Best app

This is bringing the algo trade to retail investors

Simple to use

I have never been all that good at investing and keeping up with market trends. I was skeptical at first because the yearly subscription is a bit of an investment but I made my money back within the first 2 weeks. This does make sense if you are circulating larger amount of funds. I think if youre investing less than 2k then it may not be worth it but anything over than that is easy money. I just choose the newer symphonies that have ratios that I can agree with and thats it, I have never lost and its been 6months. With 8 k I have made 1.9k in the 6 months. I tell everyone about this app.
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Response from developer

Hello DomocoJCS - Thank you for leaving a review, and we sincerely appreciate you sharing your experience. It's amazing to hear that you find the platform simple to navigate and use. Please don't hesitate to reach out to our team at help@composer.trade if you have any additional feedback!

Really bad app

Many glitches