SogoTrade review
3-star brokerage firm rating

Sogotrade Fees, Margin Rates, IRA Fees, Interest, Trading Tools Charges for 2012

Sogotrade Margin Interest Rates


LOAN BALANCE INTEREST RATE
$0.01 - $9,999.99 6.50%
$10,000.00 - $49,999.99 6.50%
$50,000.00 - $99,999.99 5.50%
$100,000.00 - $149,999.99 5.50%
$150,000.00 - $249,999.99 5.50%
$250,000.00 - $499,999.99 4.50%
$500,000.00 - $999,999.99 4.50%
$1,000,000.00 and above 4.50%

Securities priced at or below $5 are not marginable with SogoTrade, and are subject to liquidation to cover margin debits.



Sogotrade Miscellaneous Fees


Online trade confirmation Free
Online account statement Free
Paper account statement / confirmation $5
Paper duplicate trade confirmation $5
Paper duplicate account statement $5
SEC Fee $0.0000192 / $1 of proceeds as of 1/21/2012
Margin sellout $27
ACH fund transfer Free
Returned ACH fund transfer $25
Check withdrawal Free
Returned checks $25
Outbound wire (domestic / international) $25/$50
Returned wire (domestic / international) $25/$50
Account transfer (ACAT) in No Fee
Full account transfer (ACAT) out $75
Partial account transfer (ACAT) out $50
Internal transfer between SogoTrade accounts $10
Account closing fee No Fee
Account maintenance fee No Fee
Inactivity fee No Fee
Voluntary reorganizations $35
Legal items $25
Certificate deposit $75
Certificate delivered out / reregistered $100
Certificate delivered out / reregistered (rush service) $350
Certificate related delivery - through transfer agent $50
Overnight delivery postage $25
Saturday delivery postage (continental US) $35
Non-transferable securities over 6 years $10/per month, per CUSIP
*** Abandoned Account Fee $10/month
IRA setup fee Free
IRA Annual fee $30
IRA closing fee $50
IRA ACAT out fee $50


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Sogotrade Fees are as of 2012 and are subject to change. For most recent information go here:

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