User Reviews
Great for Borrows
"I have both a Sogotrade and SogoElite account. Sogotrade doesn't let you short stocks under $3, but SogoElite does. Their parent, Genesis Securities, has excellent availability of borrows, often be Read more...
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A monkey flinging poo could do better.... Speed seems to be very good but the charting tools itself will make you pull your hair out. Alpha 7 uses this for their 2 week simulation, that's the only reason I used the product. Would not use ever again
"- Not bad: The tools are not that bad, I mean, is simple and usable. - Good: If stock value is more than $3 is easy to find shares to short. - Worst: You can't have both margin accounts in SogoTrade and SogoElite. The worst part about this service is that you can't have two margin accounts in Gene Read more...
2 comments
I was disgusted right off the bat with sogo elite. The customer service team told me they wont be doing anymore updates to the software and eventually it will be phased out completely. So right off the bat I wasnt impressed. Then i attempted to set up a ACH transfer but they dont accept them. So i w Read more...
"I just had an e-mail exchange with a SogoElite support representative. He informed me that SogoElite set a new policy in place that only allows short sales of stocks above $3 and that the policy would take effect today. So that's another reason not to use SogoElite. Now the only advantage SogoElite Read more...
1 comment
"SogoElite is an ""elite"" platform offered by Sogotrade for the more demanding traders who want something better than the standard SogoTrade web platform. Unlike almost every other ""elite"" platform by every other broker, SogoElite does not offer level 2 data, just level 1, charts, and time and sa Read more...
1 comment
"I have both a Sogotrade and SogoElite account. Sogotrade doesn't let you short stocks under $3, but SogoElite does. Their parent, Genesis Securities, has excellent availability of borrows, often better than Interactive Brokers (who aren't nearly as good as they used to be in the borrow department Read more...
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