SogoTrade: Fees, Features, and More (2025)

SogoTrade takes a lean, stock‑focused approach: limit orders trade free, while market orders cost $2.88—a pricing structure unusual among online brokers. The platform supports options at $0.50 per contract, bond trading, and margin or IRA accounts, but it omits mutual funds entirely, favoring a streamlined product lineup. For hands‑off investors, SogoTrade’s “Power Portfolios” robo‑advisor is available at a 0.75% advisory fee, all on a web‑based interface cleared through Apex.

Detailed feature breakdown for SogoTrade brokerage (2025)
Feature
Website https://www.sogotrade.com/
Broker Type Discount
Trading: Stock & ETF? Yes
ETF & Stock commission $0 for limit orders, $2.88 for market orders
Fractional Shares? No
Percent Allocations? No
Crypto Trading? No
Crypto Fees not applicable
Options Trading? Yes
Options Fee 50 cents
Bond Trading Available? Yes
Pays for Order Flow (PFOF)? Yes
Interface: Web trading? Yes
Desktop trading? No
API Trading? No
Mutual Funds: Offered? No
Total Mutual Funds None
NTF Mutual Funds None
Non-NTF Fund Fee not applicable
Early Redemption Fee? not applicable
Redemption Hold (Days) not applicable
Early Redemption Fee not applicable
Accounts: Margin Accounts? Yes
IRAs Offered? Yes
HSAs Offered? No
Money Market Sweep? No
CDs Offered? No
Robo-Advisor: Offered Yes
Robo-Advisor Service Power Portfolios
Robo-Advisor Fes 0.75%
Basics: Headquarters New York, NY
Year Founded 1986
Clearing Firm Apex Clearing
Local Branches? No
New Account Minimum unavailable

Once you’ve chosen a broker, find high-performing, investable model portfolios at RecipeInvesting.com


Compare SogoTrade to All Brokers