SogoTrade vs E*Trade Comparison: Fees, Features, and More (2026)

SogoTrade and E*Trade are two leading discount brokerages offering commission-free stock and ETF trading. Use this head-to-head comparison table to evaluate fees, features, trading tools, and account options to help you decide which broker is right for you in 2026.

Head-to-Head Comparison: SogoTrade vs E*Trade (2026)
Feature SogoTrade E*Trade
Website https://www.sogotrade.com/ https://us.etrade.com/home
Broker Type Discount (online self-directed) Online self-directed brokerage (Morgan Stanley; full-service advisors available)
Trading: Stock & ETF? Yes Yes
ETF & Stock commission $0 qualifying limit (100+ sh or ≥$2k principal, ≥$1/sh); $2.88 market/odd-lot/OTC $0 online US-listed stocks/ETFs (OTC $6.95; other fees may apply)
Fractional Shares? No Yes, select listed stocks/ETFs (up to 3 decimals, $5 min notional; expanding)
Percent Allocations? No No (Prebuilt templates with suggested allocations; Core Portfolios managed)
Crypto Trading? Yes, via Bakkt (individual non-retirement accounts; ~33 coins; all 50 US states, NY USDC restriction). Yes; BTC, ETH, SOL via linked zerohash account for US individual brokerage clients.
Crypto Fees Greater of $1 or 1% of trade value (Bakkt); other account fees may apply. 0.50% of notional value (no spread/markup); charged by zerohash (E*TRADE receives a portion).
Options Trading? Yes. Yes
Options Fee $0 + $0.50 per contract online; $25 + $0.50 broker-assisted; plus ORF/OCC/regulatory fees. $0.65/contract ($0.50 with 30+ trades/quarter) plus regulatory/exchange fees.
Bond Trading Available? Yes, broker-assisted only ($30 + $1 per bond, $250 max) for Treasuries, corporates, CDs. Yes; 50,000+ bonds/CDs from many issuers.
Receives payment for order flow (PFOF)? Yes Yes (receives PFOF on NMS stocks, ETFs, and options).
Interface: Web trading? Yes (SogoTrade Pro web platform and mobile app). Yes; E*TRADE web/app and Power E*TRADE web/app/desktop.
Desktop trading? No Yes, Power E*TRADE Pro (Windows/Mac download)
API Trading? No Yes (Developer Platform REST API; unattended algo orders prohibited)
Mutual Funds: Offered? Yes, broker-assisted only Yes
Total Mutual Funds Not verified 5,000+ (6,000+ NTF listed on pricing)
NTF Mutual Funds None 6,000+
Non-NTF Fund Fee $25 broker-assisted $0 online (no-load NTF); loads per prospectus
Early Redemption Fee? Not verified Yes (no E*TRADE fee; fund fees may apply)
Redemption Hold (Days) not applicable None (0 days); E*TRADE charges no short-term redemption fee (fund prospectus fees may apply)
Early Redemption Fee not applicable $0 from E*TRADE; fund prospectus redemption fees may apply
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes (Traditional, Roth, SEP, SIMPLE, others)
HSAs Offered? No No
Money Market Sweep? No Yes (Bank Deposit Program / BDP)
CDs Offered? No Yes
Robo-Advisor: Offered Yes Yes
Robo-Advisor Service Power Portfolios Core Portfolios
Robo-Advisor Fees 0.75% 0.30% annual advisory fee ($500 min.)
Basics: Headquarters New York, NY Arlington, VA
Year Founded 1986 1982
Clearing Firm Apex Clearing Morgan Stanley Smith Barney LLC
Local Branches? No No
New Account Minimum unavailable $0

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