Compare SogoTrade vs Tastyworks


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

SogoTrade vs Tastyworks
overall rating
4.1
4.7
overall pros
  • Low stock and ETF fees
  • Wide range of research tools
  • Relevant and fast customer service
  • Low trading fees
  • Great educational materials
  • Good research tools
overall cons
  • High non-trading fees
  • Limited product portfolio
  • Not user-friendly desktop trading platform
  • Only US options, futures, and stocks
  • Deposit and withdrawal options limited
  • No demo account
fees
3.5
  • Low trading fees
  • Low stock and ETF fees
  • Low inactivity fee
  • High financing/margin rates
  • High fee for wire withdrawal
4.4
  • Low trading fees
  • Low stock and ETF fees
  • No inactivity fee
  • Withdrawal fee for bank (wire) transfers
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Not user-friendly
5.0
  • Fast
  • Fully digital
  • No minimum deposit
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
1.9
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee
  • Only one account base currency
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)
3.4
  • Clear fee report
  • Price alerts
  • Order confirmation
  • Limited customizability (for charts, workspace)
  • Not suited for beginners
mobile trading platform
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
4.2
  • User-friendly
  • Touch/Face ID login
  • Order confirmation
  • No price alerts
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
4.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • Not suited for beginners
markets and products
1.7
  • Stock
  • ETF
  • Options
  • Crypto
2.4
  • Stock
  • ETF
  • Options
  • Futures
research
3.5
  • Trading ideas
  • Data on asset fundamentals
  • Great SogoPlay tool for options strategies
  • Bad charting tools
4.5
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • Limited fundamental data
customer service
4.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
0.5
  • Educational articles about many topics
  • No demo account
  • No educational videos
  • Hard to navigate
4.5
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • No demo account
  • 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
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Stock and options traders with a US focus who value great customer service Options and futures traders focusing on US markets
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