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

WeBull 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 2026.

Head-to-Head Comparison: WeBull vs SogoTrade (2026)
Feature WeBull SogoTrade
Website https://www.webull.com/ https://www.sogotrade.com/
Broker Type Discount Discount (online self-directed)
Trading: Stock & ETF? Yes Yes
ETF & Stock commission $0 commission; regulatory fees may apply $0 qualifying limit (100+ sh or ≥$2k principal, ≥$1/sh); $2.88 market/odd-lot/OTC
Fractional Shares? Yes; eligible U.S. stocks and ETFs No
Percent Allocations? Yes; Portfolio Blueprint No
Crypto Trading? Yes Yes, via Bakkt (individual non-retirement accounts; ~33 coins; all 50 US states, NY USDC restriction).
Crypto Fees 1% spread (stablecoins exempt) Greater of $1 or 1% of trade value (Bakkt); other account fees may apply.
Options Trading? Yes Yes.
Options Fee $0; $0.50/contract for certain index options $0 + $0.50 per contract online; $25 + $0.50 broker-assisted; plus ORF/OCC/regulatory fees.
Bond Trading Available? Yes; U.S. Treasury and corporate bonds Yes, broker-assisted only ($30 + $1 per bond, $250 max) for Treasuries, corporates, CDs.
Receives payment for order flow (PFOF)? Yes Yes
Interface: Web trading? Yes Yes (SogoTrade Pro web platform and mobile app).
Desktop trading? Yes; Webull Desktop No
API Trading? Yes; Webull Open API No
Mutual Funds: Offered? Yes Yes, broker-assisted only
Total Mutual Funds Not publicly stated; availability varies Not verified
NTF Mutual Funds None stated; money-market funds exempt None
Non-NTF Fund Fee Lesser of 3% or $14.95 $25 broker-assisted
Early Redemption Fee? Yes; no short-term redemption-fee funds currently Not verified
Redemption Hold (Days) None currently not applicable
Early Redemption Fee None from Webull; fund-specific terms may apply not applicable
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes; Traditional, Roth, and Rollover Yes
HSAs Offered? No No
Money Market Sweep? Yes; Webull Cash Management FDIC bank sweep No
CDs Offered? No No
Robo-Advisor: Offered Yes Yes
Robo-Advisor Service Webull Advisors Power Portfolios
Robo-Advisor Fees 0.15%-0.30% annually (0.20% diversified example) 0.75%
Basics: Headquarters St. Petersburg, FL New York, NY
Year Founded 2017 1986
Clearing Firm Apex Clearing Corporation Apex Clearing
Local Branches? No; corporate offices only No
New Account Minimum $0 unavailable

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