Using data from our latest annual broker review which tested more than a dozen 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 ($4.88 and $2.50, respectively). 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. 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 supports Stock Trading, Options Trading and Mutual Funds while Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. As far as mutual funds go, Just2Trade trails SogoTrade by 10,360 total mutual funds, with SogoTrade offering 13360 and Just2Trade offering 3000. And, commission free ETFs deserve a comparison, which for investors means access to 0 commission free ETFs at both brokers.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Both Just2Trade and 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. Unfortunately, Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are not available at Just2Trade or SogoTrade . All factors considered, when it comes to platform tools, research, and mobile trading, neither Just2Trade nor SogoTrade were rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, SogoTrade takes the upper hand with 3.50 stars over Just2Trade's 2.50 stars.