SogoTrade fees explained

Personally tested

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Independent

Overview of SogoTrade fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, SogoTrade is an OK choice, as it has average fees in general. Check our toplist for cheaper brokers.

I found SogoTrade's trading fees fairly average

Adam Nasli

Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how SogoTrade fared:

SogoTrade charges low fees for trading stocks and ETFs.
There is no inactivity fee even if you leave your account idle for a long time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of SogoTrade for info on safety, trading platforms and funding.

SogoTrade fees at a glance
Assets	Fee level	Fee terms
US stock fee	Low	$2.88 flat fee per trade for market orders, $0 for limit orders
EURUSD fee	-	FX not available
US tech fund fee	-	Broker-assisted only
Inactivity fee	Low	No inactivity fee

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The fee structure is transparent and you can easily calculate costs.

Low stock and ETF commission

Market orders cost $2.88 per trade. However, if you use limit orders, there is no commission. In fact, you might get a very small bonus through the "Get paid to trade" program.
If your limit orders are received to buy below the Ask or sell above the Bid price, not only will the commission be $0, but you may also earn $0.001 per share when the order is executed. This is known in the brokerage industry as "adding liquidity". SogoTrade passes on a part of this rebate to its customers, but it doesn't amount to much.

SogoTrade stock and ETF fees by market
	SogoTrade SogoTrade	ChoiceTrade ChoiceTrade	TradeStation TradeStation
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$2.9 $2.88 flat fee per trade for market orders, $0 for limit orders	$0.0 Stocks above $1 have no commission. US stocks below $1 cost $12 per trade, foreign stocks cost $25 per trade.	$5.0 $5 per trade for non-US clients. For US clients, commission-free up to the first 10,000 shares per trade.

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Stock Fee Calculator

Confused about fees? Use this tool to see what the commission fee of a specific stock trade would be at SogoTrade. To check and compare fees at other brokers, go to our main Fee calculator page.

Before doing so, check out our Privacy Policy and our General Terms and Conditions.

High margin rates

SogoTrade annual margin rates
	SogoTrade SogoTrade	ChoiceTrade ChoiceTrade	TradeStation TradeStation
USD margin rate	13.8% Base rate+2.5% for loan balance below $10,000	10.8% FED Funds + 6%	12.8% For positions less than $50,000: 12.75% per year

SogoTrade's margin rate is volume-tiered. It applies a base rate, with a premium or discount, depending on the financed amount. The base rate is set by SogoTrade – at the time of writing the review, the base rate was 12%.

SogoTrade annual margin rate
Debit balance	Rate	Premium/discount compared to base rate
$1,000,000+	9.75%	Base rate -2.25%
$500,000 - $999,999	10.25%	Base rate -1.75%
$250,000 - $499,999	10.75%	Base rate -1.25%
$100,000 - $249,999	11.25%	Base rate -0.75%
$50,000 - $99,999	12.50%	Base rate +0.50%
$10,000 - $49,999	13.50%	Base rate +1.50%
$0 - $9,999	14.50%	Base rate +2.50%

Low options commission

SogoTrade stock index options commission
	SogoTrade SogoTrade	ChoiceTrade ChoiceTrade	TradeStation TradeStation
US stock index options Estimated commission for 10 contracts	$5.0 $0.5 per contract	$10.0 $0 flat fee plus $1 per contract, max $20 per trade.	$15.0 For US clients: $1 per contract; for non-US clients: $5 flat fee plus $1 per contract

No inactivity fee, no withdrawal fee

There are no account, deposit, or inactivity fees.

SogoTrade inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
SogoTrade		$0
ChoiceTrade		$5
TradeStation		$0

Other commissions and fees

You can find SogoTrade's fees for other asset classes below. Click 'Show more' for details.

High spot crypto fees

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.