the complete stock broker comparison guide.

SogoTrade

Securities offered

• Stocks and ETF

Pricing

Stocks and Exchange Traded Funds

• Standard Account:
  • Real time market trades:: $3.00 per trade
  • Broker-assisted trades: $27.00
  • For trades above 5000 shares, commission cost is regular commission plus $.04 per share above 5000.
• Premium Account *:
  • Real time market trades: $1.50 per trade
  • Broker-assisted trades: $27.00
  • For trades above 5000 shares, commission cost is regular commission plus $.04 per share above 5000.

Features

• 3 Platforms to choose from:
  • SogoTrade - web based trading platform
  • SogoElite - downloadable trading application powered by Laser, the NASDAQ platinum rated platform
  • Laser (coming soon) - the NASDAQ platinum rated trading application
• flat rate commissions (for trades under 5000 shares)
• real time streaming quotes
• real time streaming technical charts (with SogoElite platform)
• Time & Sales (SogoElite)
• OTCBB trading (with SogoElite platform, regular fees apply)
• free dividend reinvestment (SogoTrade)
• fractional shares (SogoTrade)
• SIPC protection

Fees

• * premium account (optional) : $10.00 per month
• Account Minimum: $500
• Inactivity fees: none
• Margin rates: as low as 4% (see interest rates for more information)
• For SogoTrade trades of stocks priced less than $1.00, an additional fee of 1/2 of 1% of principal value applies.
• Miscellaneous fees

Tools

• Stock and market news
• Historical stock charts
• fundamental stock data, price data, performance data
• ETF screener

Special Offers

• 100 free trades with new account
• 25 free trades for every refer-a-friend referral
• Up to $100 ACAT fee reimbursement when you transfer a qualified account to SogoTrade

(19 votes, average: 6.53 out of 10)

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Tags: cheap trades, dividend reinvestment, DRIP, fractional shares, real time quotes, stocks & ETF

6 SogoTrade reviews:

• 1 Joe ~ Nov 10, 2008 at 10:03 am

  10/10, great deep discount broker. Easy to use interface. Use the following referral code to get free trades when signing up: 456679.

  https://www.sogotrade.com/accountsetup/default.aspx?rf=456679

• 2 su ~ Apr 9, 2009 at 12:33 pm

  Try link below or code 339749

  Get 100 Trades free plus 25 extra once you refer some friends. You will get $100 back if you transfer your account.
  Try link below or code 339749

  https://www.sogotrade.com/Setup/Default.aspx?rf=339749

• 3 Joe ~ Apr 10, 2009 at 2:11 pm

  Try link below or code 350399

  Get 100 Trades free plus 25 extra once you refer some friends. You will get $100 back if you transfer your account.

  Try link below or code 350399

  https://www.sogotrade.com/Setup/Default.aspx?rf=350399

• 4 John ~ May 13, 2009 at 6:50 pm

  Best discount broker I’ve used. Very easy web interface. Great customer support. Margin trading accounts. What more could you ask for?

  They currently are offering 100 free trades and $100 fee reimbursement for transferring accounts.

  https://www.sogotrade.com/Setup/Default.aspx?rf=456679

• 5 Scott ~ May 21, 2009 at 3:58 pm

  I’ve been using Sogotrade for about a month and am loving it. Was using Zecco and wasn’t happy with that.

  They currently are offering 100 free trades and $100 fee reimbursement for transferring accounts.

  https://www.sogotrade.com/Setup/Default.aspx?rf=358781

• 6 Robert ~ Oct 16, 2009 at 7:12 am

  Sogotrade is one of the best and cheapest online broker available. Use the link to get 25 additional free trades valid for 3 months in addition to the 100 free trades valid for 30 days you will get once your account is activated.

  The market is going up and now is the time to build a strong portfolio and achieve your short-mid term financial goals!!!