Sogotrade Review

By Analyst: Robert Stammers, CFA
December 19, 2008

(broker review) - SogoTrade doesn't have the high level of name recognition as many other online brokers, but features low-cost trades with fast execution of the orders. Both market orders and limit orders at filled at $3 each. And the account minimum is only $500, which is one of the lowest minimum requirements around.

SogoTrade offers a direct link to the New York Stock Exchange and the NASDAQ through Genesis Securities. They transact more than 120 million shares each day and have grown a reputation for fast fills at the best price.

SogoTrade features complimentary stock and market news, as well as customizable stock charts. Free streaming quotes are available to all active accounts. Stock traders will find the trading center easy to use and understand.

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