At its best SOGOTRADE is a stripped down version of all the core resources and tools you need to properly trade stocks. There are no bells and whistles here; however, you’re rewarded with extremely cheap commissions.
Besides the cheap trade commissions, most people seem to be raving about the overall interface involved with their web service and helpful customer service. A clean organized interface helps you easily conduct trades, while minimizing the time needed.
Deals and Offers
- SOGOTRADE will cover up to $100 worth of fees if you want to transfer your account to them.
- Open your account with a minimum of $500 and get 30 free trades.
- Open account with minimum of $2500 and get free 1 year subscription to McAfee Virus Scan.
- Get 25 free trades when you refer a friend.
Stock Brokerage Details
Commissions: Stocks $3 per trade; Options $3 plus $0.70 per contract.
Account Minimums: $0 and no inactivity fees ($500 initial deposit required)
Overall, SOGOTRADE is still a brokerage that needs to grow and expand some more. The tools and resources available don’t really enhance the trading experience; however, the cheap commissions and amazing deals makes it a great option for cheap online stock trading.
Sign up for a SOGOTRADE account.
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