Using data from the StockBrokers.com 2017 Broker Review which tested 16 different online brokers
over six months, we can compare Just2Trade vs SogoTrade to determine which broker is best. Let's dive in.
First, we will break down the commission charges of both brokers for placing stock and options trades. SogoTrade charges more than Just2Trade for placing regular stock trades ($5.00 and $2.50, respectively). For options trading, SogoTrade has a base fee of $5.00, and Just2Trade a base fee of $2.50. Option contracts run $0.50 a piece at both brokerages. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews
Next, investors want to make sure they can trade the investment vehicle they want. SogoTrade offers clients Stock Trading, Options Trading and Mutual Funds while Just2Trade offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, SogoTrade offers its clients access to 12222 different mutual funds while Just2Trade has 3000 available funds, a difference of 9,222. And, commission free ETFs deserve a comparison, which is a wash in this comparison as both Just2Trade and SogoTrade offer 0 commission free ETFs.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Just2Trade alongside SogoTrade offer virtual trading. For mobile trading, Just2Trade offer clients access to an iPhone App and Android App while SogoTrade has an iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Banking is not popular with Just2Trade and SogoTrade as Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are all unavailable. All factors considered, when it comes to platform tools, research, and mobile trading, unfortunately, neither Just2Trade nor SogoTrade received awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, SogoTrade takes the upper hand with 3.00 stars over Just2Trade's 2.50 stars.