Comparison SogoTrade vs Swissquote

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

Firstly, let’s compare commission fees provided by these brokers for regular transactions. SogoTrade has a commission fee of $2.88, and Swissquote has a commission fee of from £15. Let’s analyze the commission fees on trading options. SogoTrade has a commission fee of $2.88 + 50c, Swissquote has a commission fee of £1 per contract (Minimum £5). We can also analyze commission fees for trading CFD: they are $2.88 in SogoTrade vs from 0.06% in Swissquote. The full online broker reviews contains more detailed information on the brokers’ commission fees.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are SogoTrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, and Swissquote provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. As for platforms, SogoTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Swissquote offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. SogoTrade was established in 1986 in United States, and it is regulated by SEC and FINRA. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. Withdrawal of funds from SogoTrade can be done using Bank Wire with a withdrawal fee of $25 for US wire transfer. And Swissquote provides the ability to withdraw funds using Bank Wire with a withdrawal fee of depends on account type. The withdrawal time for SogoTrade is 3 business days, and that one for Swissquote is 1-2 working days.

As a result, the rating of SogoTrade is 4 stars versus that of Swissquote of 4 stars.

Overall Rating

 
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
Swissquote
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
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%
Swissquote
Stock
From £15
ETFs
From £15
Options
£1 per contract (Minimum £5)
Mutual Funds
From £9
Bonds
0.3% (Minimum of £50)
Forex Spreads
Average spread of 1.3 pips
CFDs
From 0.06%
Futures
£1 per contract (Minimum £5)
Metals
£1 per contract (Minimum £5)
Cryptocurrency
Starting at 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
SogoTrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Swissquote
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
SogoTrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Swissquote
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Education
Demo account
SogoTrade
Research & Analysis
Education
Demo account
Swissquote
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
SogoTrade
Android App
iOS App
Swissquote
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
SogoTrade
Minimum deposit
$0
Bank Wire
Visa/Mastercard
Swissquote
Minimum deposit
£0
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Withdrawal Time
Withdrawal Fee
SogoTrade
Bank Wire
Withdrawal Time
3 business days
Withdrawal Fee
$25 for US wire transfer
Swissquote
Bank Wire
Withdrawal Time
1-2 working days
Withdrawal Fee
Depends on account type

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
SogoTrade
Сountry of Origin
United States
Year Founded
1986
Regulated By
SEC and FINRA
Swissquote
Сountry of Origin
1996
Year Founded
Switzerland
Regulated By
FCA, FINMA, DFSA, MAS, SFC

Customer Service

Customer Service
Phone
Email
Live Chat
 
SogoTrade
Phone
Yes
Email
Yes
Live Chat
Yes
Swissquote
Phone
Yes
Email
Yes
Live Chat
Yes

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