OptionsHouse vs SogoTrade 2013 Review
Poor
Mediocre
Good
Excellent
Outstanding
Featured
|
||
|---|---|---|
|
|
|
| Open Account |
150 Commission Free Trades - Promo Code: SBCOM 
Read full review ›
|
|
| Current Offers | ||
| Broker Reviews | Read full review › | |
Fees |
||
| Flat-Fee Trade Plan* | $3.95 | $3.00 |
| Per-Share Trade Plan | N/A | N/A |
| Mutual Fund Trade Fee* | $9.95 | N/A |
| Options Trade Base | $8.50 | $5.00 |
| Options Per Contract | $0.15 | $0.50 |
| Options Exercise Fee | $5.00 | $15.00 |
| Options Assignment Fee | $5.00 | $15.00 |
| Broker Assisted Trades | $3.95 | $25.00 |
| Minimum Deposit | $1,000.00 | $0.00 |
2013 Review Ratings |
||
| Overall |
|
N/A |
| Commissions & Fees |
|
N/A |
| Customer Service |
|
N/A |
| Platform & Tools |
|
N/A |
| Research |
|
N/A |
| Ease of Use |
|
N/A |
| Investment Offering |
|
N/A |
| Education |
|
N/A |
| Mobile Trading |
|
N/A |
Brokers |
||
|
|
|
|
Account Features |
||
| Virtual Trading |
|
|
| No Minimum Deposit |
|
|
| No Maintenance Fees |
|
|
| No-Fee IRAs |
|
|
| Online Trader Community | ||
| Investment Education |
|
|
| Live Seminars | ||
Mobile Trading |
||
| iPhone App |
|
|
| iPad App |
|
|
| BlackBerry App | ||
| Android App |
|
|
| Mobile Site |
|
|
Trade Types |
||
| Stock Trading |
|
|
| Options Trading |
|
|
| Mutual Funds |
|
|
| FOREX Trading | ||
| Futures Trading | ||
Banking Features |
||
| Checking Accounts | ||
| Savings Accounts | ||
| Credit Card Accounts | ||
| Debit Card Accounts | ||
| Mortgage Loans | ||
Margin Rates |
||
| Under $25k | 4.00% | 6.50% |
| $25k to $49k | 4.00% | 6.50% |
| $50k to $99k | 3.00% | 5.50% |
| $100k to $249k | 3.00% | 5.50% |
| $250k to $499k | 3.00% | 4.50% |
| $500k to $999k | 2.25% | 4.50% |
| Above $1,000,000 | 1.50% | 4.50% |
Recap |
||
|
|
|
|
| Open Account |
|
|
| Current Offers | 150 Commission Free Trades - Promo Code: SBCOM | |
| Broker Reviews | Read full review › | Read full review › |
SogoTrade vs OptionsHouse
StockBrokers.com 2013 review compares OptionsHouse vs SogoTrade. Compare OptionsHouse and SogoTrade trade commissions, fees and overall broker ratings by using the chart above. Is OptionsHouse 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.
SogoTrade ($3.00) has a slight per trade stock price advantage over OptionsHouse ($3.95). This marginal difference of $0.95 should be taken into consideration by very high volume traders.
There is a large difference between OptionsHouse's "Overall" rating of 4 stars and SogoTrade's "Overall" rating of -1 stars.
Only OptionsHouse 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 OptionsHouse has an iPhone app for mobile trading while SogoTrade does not.
