The StockBrokers.com 2017 Brokerage Review
compares Just2Trade vs SogoTrade. Compare Just2Trade and SogoTrade trade commissions, fees and overall broker ratings by using the table below. Is Just2Trade or SogoTrade a better online broker?
Looking at both brokers, first we will take a look at the commission rates for both placing regular stock and options trades. SogoTrade, with its regular stock trades costing $5.00, is more expensive than Just2Trade's rate of $2.50 per trade. For options trading, SogoTrade has a base fee of $5.00, and Just2Trade a base fee of $2.50. Contracts at both of the brokerages are the same at $0.50 each. It should be noted that not every broker uses a flat rate stock trade fee structure, so it is important to read the full commission notes (head over to any online brokerage review
page, then navigate to the "Commission Notes" section).
Alongside trade commissions, being able to trade the way you want is a must. SogoTrade supports Stock Trading, Options Trading and Mutual Funds while Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, SogoTrade offers its clients access to 12222 different mutual funds while Just2Trade has 3000 available funds, a difference of 9,222.00. Commission free ETFs can also be a nice plus, which in this case means trading a possible 0 funds at both brokers.
Last but not least, by breaking down important features that each broker offers, we can really help to separate the two brokers. Just2Trade and SogoTrade both have virtual trading. For mobile trading, Just2Trade supports the iPhone App and Android App while SogoTrade supports the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Unfortunately Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are not available at Just2Trade or SogoTrade . On the whole, when it comes to tools, research, and trading on the go, Both Just2Trade and SogoTrade found themselves without awards for Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading in 2014.
Overall, SogoTrade takes the upper hand with 3.00 stars over Just2Trade's 2.50 stars.