Comparison SogoTrade vs TD Ameritrade

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares SogoTrade vs TD Ameritrade. Is SogoTrade or TD Ameritrade a better online broker?

First of all, we’ll compare the commission fees of the two brokers. SogoTrade has a commission fee of $2.88, and TD Ameritrade has a commission fee of $6.95. Let’s analyze the commission fees on trading options. SogoTrade has a commission fee of $2.88 + 50c, TD Ameritrade has a commission fee of $6.95 + $0.75. The full online broker reviews contains more detailed information on the brokers’ commission fees.

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, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading are provided to customers by SogoTrade and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading are provided by TD Ameritrade. Concerning the platforms, SogoTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while TD Ameritrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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 TD Ameritrade was established in 1975 in United States, and it is regulated by SEC, FINRA. We can withdraw funds from SogoTrade with the help of Bank Wire, and its withdrawal fee is $25 for US wire transfer. And TD Ameritrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in SogoTrade is 3 business days, and that one in TD Ameritrade is one Business Day.

As a result, the rating of SogoTrade is 4 stars versus that of TD Ameritrade of 4.5 stars.