User Reviews
Good for shortselling
Can find shares to short that you might not find with another broker.
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tools & software aren't that great but for a swing account, sogotrade is great. $3 a trade can't be beat.
"Their executions aren't the greatest (lots of partial-fill situations) and the interface & tools are mediocre, but for a discount brokerage they're great. Good inventory of borrows most of the time when other similarly-priced brokers don't have them, and very responsive customer service team (i Read more...
"use referral code 540046 for 100 free trades. The good: - Cheap trades, $3 for stocks > $1/share and $3+0.5% of trade value for stocks < $1/share. - Excellent share availability for shorting. I short a lot of cheap penny stocks that run up 75%+ in a single day and sogotrade has most of them Read more...
2 comments
"The good: - Cheap trades, $3 for stocks > $1/share and $3+0.5% of trade value for stocks < $1/share. - Excellent share availability for shorting. I short a lot of cheap penny stocks that run up 75%+ in a single day and sogotrade has most of them available. Sometimes they are the only broker w Read more...
Sogotrade seems like a good idea go(ing) bad. The lure of inexpensive commissions overcame my displeasure about their trading platform. It doesn't seem like they have much interest in improving it, either. And - a company that isn't willing to invest in R&D (like: hiring good coders to DEVELOP t Read more...
1 comment
$2.50 a trade. Flat fee. I THINK they charge per share if you trade stocks below a certain dollar amount though. If this was the movie Dodgeball, this would be Average Joe's gym, while Etrade and Thinkorswim is that complex gym with the nooks and crannies. Only for people needing to trade, nothing m Read more...
1 comment
I have used Sogotrade and I have had a good experience with them. I was with them for 2 years when I was a new trader and was learning the ropes early on. I built up my portfolio and once it was decent sized and I could avoid the daytrade limit of $25,000 I transferred to TD Ameritrade. It is a very Read more...
"I love this broker - Sogotrade because it has low commisions, very good customer care , quick fills, and easy platform. I recommend to try it ! "
This is a cheap online broker if you are looking for a cheap place to swing.
Sogotrade improved itself a lot in recent two years. Their customer service is getting better and better! They also provide more products and services to customers. The trading platform and research tool help customers how to trade in market, even though you are beginner, you will know how to trade Read more...
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