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

SogoTrade and WeBull 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 WeBull (2026)
Feature SogoTrade WeBull
Website https://www.sogotrade.com/ https://www.webull.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 commission; regulatory fees may apply
Fractional Shares? No Yes; eligible U.S. stocks and ETFs
Percent Allocations? No Yes; Portfolio Blueprint
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. 1% spread (stablecoins exempt)
Options Trading? Yes. Yes
Options Fee $0 + $0.50 per contract online; $25 + $0.50 broker-assisted; plus ORF/OCC/regulatory fees. $0; $0.50/contract for certain index options
Bond Trading Available? Yes, broker-assisted only ($30 + $1 per bond, $250 max) for Treasuries, corporates, CDs. Yes; U.S. Treasury and corporate 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; Webull Desktop
API Trading? No Yes; Webull Open API
Mutual Funds: Offered? Yes, broker-assisted only Yes
Total Mutual Funds Not verified Not publicly stated; availability varies
NTF Mutual Funds None None stated; money-market funds exempt
Non-NTF Fund Fee $25 broker-assisted Lesser of 3% or $14.95
Early Redemption Fee? Not verified Yes; no short-term redemption-fee funds currently
Redemption Hold (Days) not applicable None currently
Early Redemption Fee not applicable None from Webull; fund-specific terms may apply
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes; Traditional, Roth, and Rollover
HSAs Offered? No No
Money Market Sweep? No Yes; Webull Cash Management FDIC bank sweep
CDs Offered? No No
Robo-Advisor: Offered Yes Yes
Robo-Advisor Service Power Portfolios Webull Advisors
Robo-Advisor Fees 0.75% 0.15%-0.30% annually (0.20% diversified example)
Basics: Headquarters New York, NY St. Petersburg, FL
Year Founded 1986 2017
Clearing Firm Apex Clearing Apex Clearing Corporation
Local Branches? No No; corporate offices only
New Account Minimum unavailable $0

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