SogoTrade vs Robinhood Comparison: Fees, Features, and More (2026)

SogoTrade and Robinhood 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 Robinhood (2026)
Feature SogoTrade Robinhood
Website https://www.sogotrade.com/ https://robinhood.com/
Broker Type Discount (online self-directed) Online discount brokerage (mobile app, web, Legend)
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 commissions (SEC/FINRA sell fees may apply)
Fractional Shares? No Yes ($1 min; most NMS stocks/ETFs)
Percent Allocations? No No
Crypto Trading? Yes, via Bakkt (individual non-retirement accounts; ~33 coins; all 50 US states, NY USDC restriction). Yes (US-wide via Robinhood Crypto, LLC; all states, DC, PR, USVI)
Crypto Fees Greater of $1 or 1% of trade value (Bakkt); other account fees may apply. MM routing: $0 commissions (RH rebate in spread); exchange routing: 0.00-0.95% volume-tiered maker/taker; transfers $0 + network fees
Options Trading? Yes. Yes
Options Fee $0 + $0.50 per contract online; $25 + $0.50 broker-assisted; plus ORF/OCC/regulatory fees. $0 commissions for stock/ETF options; $0.35 Gold/$0.50 non-Gold per index contract plus regulatory/exchange fees
Bond Trading Available? Yes, broker-assisted only ($30 + $1 per bond, $250 max) for Treasuries, corporates, CDs. No (individual bonds/fixed-income not supported; bond ETFs/CEFs available)
Receives payment for order flow (PFOF)? Yes Yes (receives PFOF/rebates from market makers for equities, options, and crypto)
Interface: Web trading? Yes (SogoTrade Pro web platform and mobile app). Yes (web including Legend browser platform; iOS/Android mobile apps)
Desktop trading? No No; Robinhood Legend is a free browser-based (web) platform, not downloadable.
API Trading? No Yes for crypto (official US Crypto Trading API); no official stocks/equities trading API.
Mutual Funds: Offered? Yes, broker-assisted only No
Total Mutual Funds Not verified 0
NTF Mutual Funds None 0
Non-NTF Fund Fee $25 broker-assisted N/A
Early Redemption Fee? Not verified N/A
Redemption Hold (Days) not applicable N/A
Early Redemption Fee not applicable N/A
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes (Traditional and Roth; no SEP)
HSAs Offered? No No
Money Market Sweep? No Yes
CDs Offered? No No
Robo-Advisor: Offered Yes Yes (Robinhood Strategies hybrid managed portfolios)
Robo-Advisor Service Power Portfolios Robinhood Strategies
Robo-Advisor Fees 0.75% 0.25% AUM/yr; Gold ($5/mo): 0% over $100k ($250/yr cap). $50 min. ETF expenses extra.
Basics: Headquarters New York, NY Menlo Park, CA
Year Founded 1986 2013
Clearing Firm Apex Clearing Robinhood Securities, LLC
Local Branches? No No
New Account Minimum unavailable $0

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