Compare Passfolio vs SogoTrade


Online brokers compared for fees, trading platforms, safety and more. See how Passfolio stacks up against SogoTrade!

Passfolio vs SogoTrade
overall rating
4.1
4.2
overall pros
  • Free US stock and ETF trading
  • Great mobile platform
  • Fast and fully digital account opening
  • Low stock and ETF fees
  • Wide range of research tools
  • Relevant and fast customer service
overall cons
  • Limited product portfolio focusing on US markets
  • Deposit is not user-friendly
  • Missing web and desktop platforms
  • High non-trading fees
  • Limited product portfolio
  • Not user-friendly desktop trading platform
fees
5.0
  • Free stock and ETF trading for products priced above $5
  • No account opening and maintenance fees
3.9
  • Low trading fees
  • Low stock and ETF fees
  • Low inactivity fee
  • High financing/margin rates
  • High fee for wire withdrawal
account opening
5.0
  • Fully digital
  • No minimum deposit
  • Verification in 15 minutes
  • Verification can be buggy on desktop
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Not user-friendly
deposit and withdrawal
1.5
  • No deposit fee
  • Credit/Debit card not available
  • Only one account base currency
  • Not user-friendly
1.8
  • No deposit fee
  • Free ACH withdrawal
  • Only one account base currency
  • Slow withdrawal - over 3 days
  • High fee for wire withdrawal
web trading platform
3.0
  • User-friendly
  • Good search function
  • Good variety of order types
  • No clear fee report available
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.2
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • Limited order types
  • No price alerts
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
desktop trading platform
0.9
  • Good customizability (for charts, workspace)
  • Not user-friendly
  • No clear fee report available
  • No two-step (safer) login
  • Available only for Windows
markets and products
2.0
  • Stock
  • ETF
  • Crypto
1.7
  • Stock
  • ETF
  • Options
  • Crypto
research
1.5
  • User-friendly
  • Limited interactive charting
  • No trading ideas
  • No fundamental data available
3.5
  • Trading ideas
  • Data on asset fundamentals
  • Great SogoPlay tool for options strategies
  • Bad charting tools
customer service
3.5
  • Relevant answers
  • Fast email support
  • No 24/7 support
  • Couldn't reach phone support on multiple occasions
4.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
2.5
  • Quality educational texts
  • No demo account
  • No trading platform tutorial videos
0.5
  • Educational articles about many topics
  • No demo account
  • No educational videos
  • Hard to navigate
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Beginners and long-term investors focusing on the US stock market Stock and options traders with a US focus who value great customer service
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