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- Stocks and ETFs: $3
- Stocks and ETFs broker assisted: $25
- Options: $5 plus $0.50 per contract
- Options broker assisted: $25 plus $0.50 per contract
- Options exercise/assignment: $15
- No-load mutual funds: $15
- Investment products: stocks, options, mutual funds, ETFs
- Minimum to open Sogotrade account: $500
- All Sogotrade fees
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- Stocks and ETFs: $2.50 (with surcharge for extended hours trading)
- Options: $2.50 plus $0.50 per contract
- Mutual funds: $2.50
- Investment products: stocks, options, mutual funds, bonds and fixed income securities, ETFs
- Minimum to open Just2trade account: $2,500
- All Just2trade fees
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- Very low commissions
- Fractional shares available with no monthly subscription fee
- No inactivity, maintenance fees (accounts with over $100)
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- Very low commissions
- Free real-time level 1 and 2 quotes
- Free Morningstar research
- Free dividend reinvestment including fractional shares
- Low margin rates
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- For stocks priced under $1, the online commission is $3 plus 0.5% of the principal value
- Terrible trade executions
- Poor trading platform
- Frequent technical problems
- Very slow new account set up process
- Hard to reach, unresponsive customer service
- $30 annual IRA fee
- Can't short stocks under $3
- Cannot invest in CDs and bonds
- No interest on cash
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- Wrong cash balances and other account balance discrepancies (!)
- An additional $0.003 per share to trade on the ECN during the extended-hours
sessions – from 7-9:30AM EST pre-market and 4-8PM EST after hours
- $25 IRA setup fee, $75 IRA closing fee and $35 annual fee for IRA accounts (if below $25,000 in assets)
- For customer service company encourages contact by email
- Options Exercise / Assignment fee: $20 per exercise or assignment
- Checking & VISA Debit Card fees: $50 (Gold Package); $75 (Platinum Package)
- Minimum $2,500 account balance requirement
- No support for beginner or novice investors
- Poor choice of mutual funds
- Open orders are getting randomly canceled
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Just2trade vs Sogotrade: Comparison Summary
Sogotrade (Sogotrade Review)
and Just2Trade (Just2Trade Review)
offer very low commissions on stocks and ETFs: $3 and $2.50 per trade respectively. However,
Just2Trade has $0.003 per share surcharge on after-hours trades and Sogotrade charges additional
0.5% of the principal value on penny stock orders and does not offer extended hours trading for regular accounts.
Just2Trade has a lot of IRA fees and Sogotrade charges $30 annual IRA fee. If you are looking
to open retirement account, there are a lot of other brokerage firms offering
free IRA accounts.
Sogotrade does not offer investing in CDs and bonds.
Both companies have terrible customer service. They are targeting self-sufficient (and patient) traders
and are not well-suited for beginners. If you are new to investing, check out our recommendations for
brokers for beginners.
We can't really recommend either one of these companies. There are a lot of much better brokerages out there and
we strongly recommend checking out Online broker reviews before making final decision.
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