Stock Brokerage Reviews » sogotrade http://stockbrokeragereviews.com Just another WordPress weblog Sun, 06 Nov 2011 16:11:17 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 SOGOTRADE Review – Low Discount Broker http://stockbrokeragereviews.com/sogotrade-review-low-discount-broker/ http://stockbrokeragereviews.com/sogotrade-review-low-discount-broker/#comments Tue, 15 Sep 2009 06:29:14 +0000 ashivapu http://stockbrokeragereviews.com/?p=313 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.

]]> http://stockbrokeragereviews.com/sogotrade-review-low-discount-broker/feed/ 0 Best Stock Brokerage For Active Traders http://stockbrokeragereviews.com/best-stock-brokerage-for-active-traders/ http://stockbrokeragereviews.com/best-stock-brokerage-for-active-traders/#comments Wed, 19 Aug 2009 06:21:46 +0000 ashivapu http://stockbrokeragereviews.com/?p=220 While there are various classifications for what makes somebody an active trader, for this purpose, we are considering traders who execute multiple trades in a week. The deciding factor for most active traders is how low are the commissions.

Active traders are looking to quickly enter and exit stocks, obviously the higher the commissions, the longer they might have to hold on to make the trade worth playing. The following stock brokerages have been considered best for active traders because of their low commissions and ability to get security prices at low values. Also, check out how to lower your commissions with your current brokerage.

The following is a chart of the best online discount stock brokerages for active stock traders.

Broker Commissions
(stocks/options)		 Acct.
Minimum		 Best For
OptionsHouse $2.95 / $9.95 $1000 Everybody
MB Trading Direct: $.01 per share for first 500 shares and $.005 per share for unlimited additional shares ($1 min) Smart: $4.95 for up to 10,000 shares and $.005 for additional. $1000 Active Traders
Interactive Brokers varies/cheap $10,000 Active Traders
SOGOTRADE $3/$3+0.70 per contract. $500 Cheap Trades

Check out a complete list of our stock brokerage reviews.

Want to take your trading to the next level? Learn how to use technical analysis to accurately predict price movement.

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