Tradestation vs SogoTrade Comparison: Fees, Features, and More (2025)

Tradestation and SogoTrade 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 2025.

Head-to-Head Comparison: Tradestation vs SogoTrade (2025)
Feature Tradestation SogoTrade
Website https://www.tradestation.com/ https://www.sogotrade.com/
Broker Type Discount Discount
Trading: Stock & ETF? Yes Yes
ETF & Stock commission No fee $0 for limit orders, $2.88 for market orders
Fractional Shares? No No
Percent Allocations? No No
Crypto Trading? Yes No
Crypto Fees 0.25% not applicable
Options Trading? Yes Yes
Options Fee 60 cents 50 cents
Bond Trading Available? Yes Yes
Pays for Order Flow (PFOF)? Yes Yes
Interface: Web trading? Yes Yes
Desktop trading? Yes; TradeStation No
API Trading? Yes; TradeStation WebAPI No
Mutual Funds: Offered? Yes No
Total Mutual Funds Over 2,000 None
NTF Mutual Funds Around 2,000 None
Non-NTF Fund Fee $14.95 not applicable
Early Redemption Fee? Yes not applicable
Redemption Hold (Days) 60 days not applicable
Early Redemption Fee $50 not applicable
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes
HSAs Offered? No No
Money Market Sweep? Yes No
CDs Offered? Yes No
Robo-Advisor: Offered No Yes
Robo-Advisor Service none Power Portfolios
Robo-Advisor Fes not applicable 0.75%
Basics: Headquarters Plantation, FL New York, NY
Year Founded 1982 1986
Clearing Firm Pershing LLC Apex Clearing
Local Branches? No No
New Account Minimum $0 unavailable

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