The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers. This review compares Just2Trade vs SogoTrade. Is Just2Trade or SogoTrade a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. SogoTrade, with its regular stock trades costing $4.88, is more expensive than Just2Trade's rate of $2.50 per trade. With options, the base fees charged are $4.88 (SogoTrade) and $2.50 (Just2Trade). Option contracts at both of the brokerages are the same at $0.50 each. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews.
For our next comparison of these two brokers, being able to trade the way you want is a must. SogoTrade provides its clients with Stock Trading, Options Trading and Mutual Funds while Just2Trade provides clients access to Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Just2Trade trails SogoTrade by 3,602 total mutual funds, with SogoTrade offering 6602 and Just2Trade offering 3000.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Both Just2Trade and SogoTrade offer 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 .
Overall, between Just2Trade and SogoTrade, SogoTrade is the winner.