Compare SogoTrade vs Spreadex


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

SogoTrade vs Spreadex
overall rating
4.2
4.3
overall pros
  • Low stock and ETF fees
  • Wide range of research tools
  • Relevant and fast customer service
  • Low forex fees
  • Good web platform
  • Helpful customer service
overall cons
  • High non-trading fees
  • Limited product portfolio
  • Not user-friendly desktop trading platform
  • Thin product selection
  • No desktop platform
  • Limited research and education tools
fees
3.9
  • Low trading fees
  • Low stock and ETF fees
  • Low inactivity fee
  • High margin rates
  • High fee for wire withdrawal
4.0
  • Low forex fees
  • No inactivity fee
  • High stock index CFD fees
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Not user-friendly
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Slower-than-average account verification
deposit and withdrawal
1.8
  • No deposit fee
  • Free ACH withdrawal
  • Only one account base currency
  • Slow withdrawal - over 3 days
  • High fee for wire withdrawal
4.3
  • Credit/Debit card available
  • No deposit fee
  • Free withdrawal in most cases
  • Average account currency selection
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)
4.4
  • User-friendly
  • Clear fee report
  • Good search function
  • Guaranteed stop
  • No two-step (safer) login
  • Available only in English
mobile trading platform
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
4.4
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID 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
1.7
  • Stock
  • ETF
  • Options
  • Crypto
1.7
  • Forex
  • CFD
research
3.5
  • Trading ideas
  • Data on asset fundamentals
  • Great SogoPlay tool for options strategies
  • Bad charting tools
1.9
  • Good financial/trading blog
  • No trading ideas
  • No/limited set of analytic tools
  • Limited fundamental data
customer service
4.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
0.5
  • Educational articles about many topics
  • No demo account
  • No educational videos
  • Hard to navigate
1.3
  • Trading platform tutorial
  • No demo account
  • No educational videos
  • No webinars
  • 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
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Stock and options traders with a US focus who value great customer service Forex and CFD traders looking for low fees and great deposit/withdrawal options
×