Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker. Yielding a database of over 4,000 data points, let's compare Just2Trade vs SogoTrade.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. SogoTrade charges more than Just2Trade for placing regular stock trades ($4.88 and $2.50, respectively). For options trading, SogoTrade has a base fee of $4.88, and Just2Trade a base fee of $2.50. Option contracts cost $0.50 each at both brokerages. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review.
Next to commission rates, being able to trade what you want is important. SogoTrade offers clients Stock Trading, Options Trading and Mutual Funds while Just2Trade offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. Looking at mutual funds, SogoTrade boasts an offering of 11784 mutual funds compared to Just2Trade's 3000 available funds.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Just2Trade alongside SogoTrade offer virtual trading. Taking a look at mobile trading, Just2Trade offers the iPhone App and Android App while SogoTrade offers the iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Neither Just2Trade nor SogoTrade offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.
Overall, between Just2Trade and SogoTrade, SogoTrade is the winner.