SogoTrade vs TD Ameritrade 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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TD Ameritrade
SogoTrade
Open Account

Trade free for 90 days + get up to $600 - Learn More

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Current Offers
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Fees

Flat-Fee Trade Plan* $9.99 $3.00
Per-Share Trade Plan N/A N/A
Mutual Fund Trade Fee* $49.99 N/A
Options Trade Base $9.99 $5.00
Options Per Contract $0.75 $0.50
Options Exercise Fee $19.99 $15.00
Options Assignment Fee $19.99 $15.00
Broker Assisted Trades $44.99 $25.00
Minimum Deposit $2,500.00 $0.00

2013 Review Ratings

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

Brokers

TD Ameritrade SogoTrade

Account Features

Virtual Trading check
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 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 check
Savings Accounts
Credit Card Accounts
Debit Card Accounts check
Mortgage Loans

Margin Rates

Under $25k 9.00% 6.50%
$25k to $49k 8.75% 6.50%
$50k to $99k 8.50% 5.50%
$100k to $249k 7.25% 5.50%
$250k to $499k 7.00% 4.50%
$500k to $999k 7.00% 4.50%
Above $1,000,000 6.25% 4.50%

Recap

TD Ameritrade SogoTrade
Open Account Open Account
Current Offers Trade free for 90 days + get up to $600 - Learn More
Broker Reviews Read full review › Read full review ›

TD Ameritrade vs SogoTrade

StockBrokers.com 2013 review compares SogoTrade vs TD Ameritrade. Compare SogoTrade and TD Ameritrade trade commissions, fees and overall broker ratings by using the chart above. Is SogoTrade or TD Ameritrade 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.

TD Ameritrade was rated #1 overall in the StockBrokers.com 2012 Broker Review along with numerous Best in Class awards. Their ideal client includes all investors and traders as their 5 star, 24/7 customer support amongst other factors easily outweighs their higher equity commission pricing. Trade Architect and thinkorswim provide outstanding platforms and tools for active and professional investors, with thinkorswim receiving Best Overall Trading Platform in 2012. TD Ameritrade has one of largest selection of commission free ETFs, one of the many attributes that makes them a top brokerage over many other great competitors.

There is a very large price difference of $6.99 per stock trade between TD Ameritrade and SogoTrade. TD Ameritrade's per trade stock price of $9.99 is significantly greater than SogoTrade's per trade stock price of $3.00.

There is a large difference between TD Ameritrade's "Overall" rating of 5 stars and SogoTrade's "Overall" rating of -1 stars.

Only TD Ameritrade 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 TD Ameritrade has an iPhone app for mobile trading while SogoTrade does not.

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