Is Merrill Edge better than SogoTrade? After scoring brokers on over 4,000 data points for our 2019 review, Merrill Edge (77.93%) is better than SogoTrade (57.71%).
Best Rewards Program
Merrill Edge ($2.95 per trade) was awarded #1 for Banking Services and #1 Overall Client Experience, thanks to its parent company, Bank of America (BofA). Not limited to just BofA customers, Merrill Edge's Preferred Rewards program is excellent, offering unlimited $0 stock trades among other perks such as bonus rewards on credit cards and discounted mortgage rates.Read full review.
$4.88 Per Trade - Open Account
Special Offer: Trades as low as $2.88 + 100 free trades. Switch to SogoTrade!
Founded in 1986, SogoTrade is an online discount brokerage that charges $4.88 base commissions and supports Chinese-speaking customers. Unfortunately, despite offering five trading platforms for stocks and options, SogoTrade struggles to stand out against similarly priced brokers.Read full review.