SogoTrade review


3-star brokerage firm rating


Sogotrade Fees Schedule, IRA Accounts Rates, Margin Interest Rates, Cash Sweep, Stock Trading Costs, ACAT Fee in 2014



Sogotrade Fees, Trading Commission Structure, and Investment Products


InvestmentsCommissions
Stocks and ETFs $5 if making 0 - 149 trades per quarter; $3 if making 150+ trades per quarter
Stocks and ETFs broker assisted $25
Options $5 + $0.50 per contract
Options broker assisted $25 + $0.50 per contract
Options exercise/assignment $15

Investments stocks, options, ETFs
Sogotrade minimum deposit to open account $500 cash account, $2,000 margin account



Sogotrade Margin Interest Rates


Debit Balance Margin Rate
$0.01 - $9,999.99 6.75%
$10,000.00 - $49,999.99 6.50%
$50,000.00 - $249,999.99 5.50%
$250,000.00 - $499,999.99 5.00%
above $500,000.00 4.50%



Miscellaneous Sogotrade Fees


Online trade confirmation Free
Online account statement Free
Paper account statement $5
Paper trade confirmation $2
Duplicate account statement $5
Duplicate trade confirmation $2
SEC Fee $0.0000174 / $1 of proceeds as of 5/25/2013
Options Regulatory Fee* $0.0356 per contract
Margin sellout $25
ACH fund transfer Free
Returned ACH fund transfer $30
Check withdrawal Free
Returned checks $35
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
Account closing fee No Fee
Account maintenance fee No Fee
Inactivity fee No Fee
Voluntary reorganizations $35
Legal items $25
Account verification fee $10
Certificate deposit $75 + pass through fees (please contact us for pricing)
Certificate delivered out / reregistered $100 + pass through fees (please contact us for pricing)
Certificate delivered out / reregistered (rush service) $350 + pass through fees (please contact us for pricing)
Domestic overnight for checks $45
Non-transferable securities $7.50 per month / per CUSIP
Stop Payment $35
IRA setup fee Free
IRA Annual fee $30
IRA closing fee $50
IRA ACAT out fee $75



Sogotrade Review and Website Link


Read full Sogotrade Review.

Sogotrade fees are as of 2014 and are subject to change. For the most recent information go to their website:


SogoTrade review

This article was updated on 02/10/2014.



Related articles

Motif Investing review
Please share us with your friends





Online broker promotions:
Copyright ©2009-2014 Brokerage-Review.com. All rights reserved.
The stock brokerage firm you select is solely responsible for its services to you, the user. Brokerage-Review.com shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of a brokerage house's services. Brokerage-Review.com has partner relationships with other companies. As a partner, we often provide reviews of products and services based on our personal opinions. We are not compensated for positive reviews. While we strive to make sure that the information we present here is true and accurate upon publication, the rates and offers that we share with you may change without notice, so please visit the sites we reference for more up to date information.