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Comparison AvaTrade vs SogoTrade

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AvaTrade vs SogoTrade. Which of them: AvaTrade or SogoTrade a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of AvaTrade on regular transactions of the stock exchange is average 0.13%, and SogoTrade has a commission fee of $2.88. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of SogoTrade is $2.88 + 50c. When analyzing commission fees in CFD: AvaTrade provides from 0.13%, and SogoTrade provides $2.88. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor are provided to customers by AvaTrade and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading are provided by SogoTrade. Concerning the platforms, AvaTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while SogoTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. AvaTrade was founded in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And SogoTrade was founded in 1986 in United States, and it is regulated by SEC and FINRA. We can withdraw funds from AvaTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And SogoTrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $25 for US wire transfer. The withdrawal time for AvaTrade is 1 - 2 business days, and that one for SogoTrade is 3 business days.

Overall, AvaTrade boasts 4.8 stars versus SogoTrade 4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
AvaTrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
SogoTrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
AvaTrade
Stock
Average 0.13%
ETFs
Average 0.13%
Options
Spreads Vary
Mutual Funds
N/A
Bonds
0.03 Over Market
Forex Spreads
From 1.3 pips
CFDs
From 0.13%
Futures
N/A
Metals
From 0.4pips
Cryptocurrency
0.75% to 1.5% Over Market
SogoTrade
Stock
$2.88
ETFs
$2.88
Options
$2.88 + 50c
Mutual Funds
$25
Bonds
$20
Forex Spreads
N/A
CFDs
$2.88
Futures
$2.88
Metals
N/A
Cryptocurrency
$1 or 1%

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
AvaTrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
SogoTrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
AvaTrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
SogoTrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Social trading
Education
Demo account
AvaTrade
Research & Analysis
Social trading
Education
Demo account
SogoTrade
Research & Analysis
Social trading
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
AvaTrade
Android App
iOS App
SogoTrade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
AvaTrade
Minimum deposit
$100
Bank Wire
Visa/Mastercard
SogoTrade
Minimum deposit
$0
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
AvaTrade
Bank Wire
Visa/Mastercard
Withdrawal Time
1 - 2 business days
Withdrawal Fee
Free
SogoTrade
Bank Wire
Visa/Mastercard
Withdrawal Time
3 business days
Withdrawal Fee
$25 for US wire transfer

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
AvaTrade
Сountry of Origin
Ireland
Year Founded
2006
Regulated By
Central Bank of Ireland
SogoTrade
Сountry of Origin
United States
Year Founded
1986
Regulated By
SEC and FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
AvaTrade
Phone
+1-212-941-9609
Email
Contact Form
Live Chat
Yes
SogoTrade
Phone
Yes
Email
Yes
Live Chat
Yes

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