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  SogoTrade Online Stock Brokerage

SogoTrade Online Stock Brokerage

in Brokerages from SogoTrade

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SogoTrade Online Stock Brokerage

Unaffiliated

in Brokerages from SogoTrade

Net Recommendation Score +67%

SUPERMONEY NET RECOMMENDATION SCORE

+67%

-100% 0% +100%
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Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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1 user is unsure
0 users don't recommend
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Community Rating

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Minimum Initial Investment $0
Online Trade $2.88 - $4.88
Broker Assisted Trading Fee Starting at $25
Margin Rate 4.5% - 9.25%

SogoTrade Online Stock Brokerage Review

SogoTrade Online Stock Brokerage is a brokerage based in New York City, NY. Founded in 1986, SogoTrade Online Stock Brokerage is a good option for experienced traders who require additional research tools and more advanced reports.

This brokerage is a good choice for frequent traders who are looking for a fast platform with low costs that includes tools designed for day traders.

SogoTrade Online Stock Brokerage FAQ

What assets can you invest in with SogoTrade Online Stock Brokerage?

The Good The Bad
  • Stocks
  • Options
  • Bonds
  • Mutual Funds
  • Cryptocurrencies
  • FOREX
  • Futures
  • International Stocks
  • Pink Sheets / OTCBB
  • Real Estate
  • Marketplace Loans
  • Startups

What trading fees does SogoTrade Online Stock Brokerage charge?

The online trading fees of SogoTrade Online Stock Brokerage are below the average ($8.90) for online brokerages. However, there are other fees to consider.

SogoTrade Online Stock Brokerage Fees
Trading Fees Amount
Online Trade Fee $2.88
Broker Assisted Trading Fee $25
Bond Trade Fee $2.88
ETF Trade $15
Returned Deposit Fee (International) $35
Outgoing International Bank Transfer Fee $50

How much do you have to invest to open an account?

SogoTrade Online Stock Brokerage does not have a minimum amount to start an account.

What is the minimum amount to open a margin account?

A margin account allows investors to borrow cash by using the securities and cash invested in the brokerage as collateral. SogoTrade Online Stock Brokerage offers investors this service but the minimum amount is $2,000.

What margin rates does SogoTrade Online Stock Brokerage offer?

SogoTrade Online Stock Brokerage offers a margin rate that ranges from 4.5% up to 9.25%.

What brokerage features does SogoTrade Online Stock Brokerage offer?

SogoTrade Online Stock Brokerage is not a particularly feature-rich brokerage. It only offers 3 of the 20 we track.

SogoTrade Online Stock Brokerage Brokerage Features
Supported Options Unsupported Options
  • Broker Assisted Trades
  • Trading Platform
  • No Fee IRAs
  • No-Commission ETFs
  • Retail Locations
  • Advisor Services
  • Declines Payment for Order Flow (Equities)
  • Declines Payment for Order Flow (Options)
  • Dividend Reinvestment
  • Automated Trading Strategy
  • Online Live Chat
  • Real Time Quotes
  • Automated Trading Strategy
  • Account Transfer Fee Reimbursement
  • 24/7 Support

What research tools does SogoTrade Online Stock Brokerage offer investors?

SogoTrade Online Stock Brokerage does not provide its users with a wide selection of research tools. It only includes 3 of the 15 research tools we track.

SogoTrade Online Stock Brokerage Research Tools
Supported Options Unsupported Options
  • ETF Top 10 Holdings
  • SEC Filings
  • Fund Prospectus Access
  • Global Markets Analysis
  • Historical Performance Analysis
  • Insider Transactions
  • Live Seminars
  • Mutual Bonds Analysis
  • Mutual Funds Analysis
  • Past Earnings Reports
  • Portfolio Allocation
  • Social Sentiment Analysis
  • Stock Metric Comparisons
  • Account Transfer Fee Reimbursement
  • Webinars
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About SogoTrade Online Stock Brokerage

Feature Breakdown

Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Bond Trade Fee $2.88 - $4.88
ETF Trades Starting at $15
IRA Annual Fee Starting at $35
IRA Closure Fee $60
Online Trade $2.88 - $4.88
Paper Statement Fee $10
Returned Deposit Fee (Domestic) $35
Returned Deposit Fee (International) $35
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Outgoing) $50
Margin Rate 4.5% - 9.25%
Broker Assisted Trading Fee Starting at $25
Minimum Initial Investment $0
Minimum Margin Account $2,000
Automated Trading Strategy  
Brokerage Features
  • Email Support
  • Mobile Trading
  • Online Banking
Dividend Reinvestment  
Research Tools
  • ETF Top 10 Holdings
  • SEC Filings
  • Stocks
Research and Reports  
Investor Type
  • Beginner Traders
  • Advanced Traders
  • Frequent Traders
  • High Balance Investors

SogoTrade Online Stock Brokerage Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

+67%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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