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

SogoTrade and Tradestation 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 Tradestation (2026)
Feature SogoTrade Tradestation
Website https://www.sogotrade.com/ https://www.tradestation.com/
Broker Type Discount (online self-directed) Discount
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; routing/clearing fees may apply
Fractional Shares? No No
Percent Allocations? No No
Crypto Trading? Yes, via Bakkt (individual non-retirement accounts; ~33 coins; all 50 US states, NY USDC restriction). Yes
Crypto Fees Greater of $1 or 1% of trade value (Bakkt); other account fees may apply. Tiered maker/taker pricing based on account balance
Options Trading? Yes. Yes
Options Fee $0 + $0.50 per contract online; $25 + $0.50 broker-assisted; plus ORF/OCC/regulatory fees. $0.80/contract standard tier; $0.40/contract multi-leg
Bond Trading Available? Yes, broker-assisted only ($30 + $1 per bond, $250 max) for Treasuries, corporates, CDs. Yes; Treasuries, corporate, and municipal bonds
Receives payment for order flow (PFOF)? Yes Yes
Interface: Web trading? Yes (SogoTrade Pro web platform and mobile app). Yes
Desktop trading? No Yes; TradeStation Desktop/Web/Mobile
API Trading? No Yes; TradeStation WebAPI and FIX APIs
Mutual Funds: Offered? Yes, broker-assisted only Yes
Total Mutual Funds Not verified Over 2,000
NTF Mutual Funds None Not publicly stated
Non-NTF Fund Fee $25 broker-assisted $14.95
Early Redemption Fee? Not verified Varies by fund
Redemption Hold (Days) not applicable Fund-specific
Early Redemption Fee not applicable Fund-specific
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes; Traditional, Roth, SEP, SIMPLE, and Rollover
HSAs Offered? No No
Money Market Sweep? No No
CDs Offered? No No
Robo-Advisor: Offered Yes No
Robo-Advisor Service Power Portfolios None
Robo-Advisor Fees 0.75% Not applicable
Basics: Headquarters New York, NY Plantation, FL
Year Founded 1986 1982
Clearing Firm Apex Clearing TradeStation Securities, Inc. (self-clearing)
Local Branches? No No; corporate offices only
New Account Minimum unavailable

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