Charles Schwab vs SogoTrade 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

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Charles Schwab
SogoTrade
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Fees

Flat-Fee Trade Plan* $8.95 $3.00
Per-Share Trade Plan N/A N/A
Mutual Fund Trade Fee* $76.00 N/A
Options Trade Base $8.95 $5.00
Options Per Contract $0.75 $0.50
Options Exercise Fee $8.95 $15.00
Options Assignment Fee $8.95 $15.00
Broker Assisted Trades $25.00 $25.00
Minimum Deposit $1,000.00 $0.00

2013 Review Ratings

Overall star star star star N/A
Commissions & Fees star star N/A
Customer Service star star star star N/A
Platform & Tools star star star Star N/A
Research star star star star Star N/A
Ease of Use star star star star N/A
Investment Offering star star star star Star N/A
Education star star star star N/A
Mobile Trading star star star Star N/A

Brokers

Charles Schwab SogoTrade

Account Features

Virtual Trading
No Minimum Deposit check
No Maintenance Fees check check
No-Fee IRAs check
Online Trader Community check
Investment Education check check
Live Seminars check

Mobile Trading

iPhone App check
iPad App check
BlackBerry App
Android App check
Mobile Site check

Trade Types

Stock Trading check check
Options Trading check check
Mutual Funds check
FOREX Trading
Futures Trading

Banking Features

Checking Accounts check
Savings Accounts check
Credit Card Accounts
Debit Card Accounts check
Mortgage Loans check

Margin Rates

Under $25k 8.50% 6.50%
$25k to $49k 8.00% 6.50%
$50k to $99k 7.00% 5.50%
$100k to $249k 6.88% 5.50%
$250k to $499k 6.75% 4.50%
$500k to $999k 6.75% 4.50%
Above $1,000,000 6.25% 4.50%

Recap

Charles Schwab SogoTrade
Open Account
Current Offers
Broker Reviews Read full review › Read full review ›

SogoTrade vs Charles Schwab

StockBrokers.com 2013 review compares Charles Schwab vs SogoTrade. Compare Charles Schwab and SogoTrade trade commissions, fees and overall broker ratings by using the chart above. Is Charles Schwab or SogoTrade a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.

There is a very large price difference of $5.95 per stock trade between Charles Schwab and SogoTrade. Charles Schwab's per trade stock price of $8.95 is significantly greater than SogoTrade's per trade stock price of $3.00.

There is a large difference between Charles Schwab's "Overall" rating of 4 stars and SogoTrade's "Overall" rating of -1 stars.

Only Charles Schwab has an iPad app for tablet trading while SogoTrade does not support the device at this time. You can find the app in the iTunes app store. Only Charles Schwab has an iPhone app for mobile trading while SogoTrade does not.

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