Interactive Brokers vs SogoTrade 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

trophy Featured

Interactive Brokers
SogoTrade
Open Account Open Account
Current Offers Trade on over 100 market centers in 19 countries - Learn More
Broker Reviews Read full review › Read full review ›

Fees

Flat-Fee Trade Plan* N/A $3.00
Per-Share Trade Plan $0.0050 N/A
Mutual Fund Trade Fee* $14.95 N/A
Options Trade Base $0.00 $5.00
Options Per Contract $0.70 $0.50
Options Exercise Fee $0.00 $15.00
Options Assignment Fee $0.00 $15.00
Broker Assisted Trades $100.00 $25.00
Minimum Deposit $10,000.00 $0.00

2013 Review Ratings

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

Brokers

Interactive Brokers SogoTrade

Account Features

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

Mobile Trading

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

Trade Types

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

Banking Features

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

Margin Rates

Under $25k 1.66% 6.50%
$25k to $49k 1.66% 6.50%
$50k to $99k 1.66% 5.50%
$100k to $249k 1.16% 5.50%
$250k to $499k 1.16% 4.50%
$500k to $999k 1.16% 4.50%
Above $1,000,000 0.66% 4.50%

Recap

Interactive Brokers SogoTrade
Open Account Open Account
Current Offers Trade on over 100 market centers in 19 countries - Learn More
Broker Reviews Read full review › Read full review ›

SogoTrade vs Interactive Brokers

StockBrokers.com 2013 review compares Interactive Brokers vs SogoTrade. Compare Interactive Brokers and SogoTrade trade commissions, fees and overall broker ratings by using the chart above. Is Interactive Brokers 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 significant price difference of $4.00 per stock trade between SogoTrade and Interactive Brokers. SogoTrade's per trade stock price of 3.00 is significantly higher than Interactive Brokers's per trade stock price of -1.00.

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

Only Interactive Brokers 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 Interactive Brokers has an iPhone app for mobile trading while SogoTrade does not.

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