Advertiser Disclosure

InvestorGreg.net is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. That's how we make money. This compensation may impact how, where and in what order products appear. InvestorGreg.net does not include all companies or all available products. We will never allow advertisers to influence our opinion of financial products that appear on this site.

Comparison SogoTrade vs TradeStation

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares SogoTrade vs TradeStation. Is SogoTrade or TradeStation 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 TradeStation has a commission fee of $0.00. Let’s analyze the commission fees on trading options. SogoTrade has a commission fee of $2.88 + 50c, TradeStation has a commission fee of $0.60 per contract. 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, 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, Futures Trading, Crypto Trading are provided by TradeStation. Concerning the platforms, SogoTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while TradeStation 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. SogoTrade was established in 1986 in United States, and it is regulated by SEC and FINRA. And TradeStation was established in 1982 in United States, and it is regulated by SEC, FINRA. Withdrawal of funds from SogoTrade can be done using Bank Wire with a withdrawal fee of $25 for US wire transfer. And TradeStation provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $35 for US domestic withdrawals. The withdrawal time for SogoTrade is 3 business days, and that one for TradeStation is 3-5 business days.

Overall, SogoTrade boasts 4 stars versus TradeStation 3.8 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
TradeStation
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
CFDs
Futures
Cryptocurrency
SogoTrade
Stock
$2.88
ETFs
$2.88
Options
$2.88 + 50c
Mutual Funds
$25
Bonds
$20
CFDs
$2.88
Futures
$2.88
Cryptocurrency
$1 or 1%
TradeStation
Stock
$0.00
ETFs
$0.00
Options
$0.60 per contract
Mutual Funds
$14.95 per trade
Bonds
$14.95 per trade
CFDs
N/A
Futures
$1.50 per contract
Cryptocurrency
N/A

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Futures Trading
Crypto Trading
SogoTrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Futures Trading
Crypto Trading
TradeStation
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Futures Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
SogoTrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
TradeStation
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
SogoTrade
Research & Analysis
Education
TradeStation
Research & Analysis
Education

Mobile App

Mobile App
Android App
iOS App
SogoTrade
Android App
iOS App
TradeStation
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
SogoTrade
Minimum deposit
$0
Bank Wire
TradeStation
Minimum deposit
$500
Bank Wire

Withdrawals

Withdrawals
Bank Wire
Withdrawal Time
Withdrawal Fee
SogoTrade
Bank Wire
Withdrawal Time
3 business days
Withdrawal Fee
$25 for US wire transfer
TradeStation
Bank Wire
Withdrawal Time
3-5 business days
Withdrawal Fee
$35 for US domestic withdrawals

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
TradeStation
Сountry of Origin
United States
Year Founded
1982
Regulated By
SEC, FINRA

Customer Service

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

Related Comparisons