Comparison SogoTrade vs Vanguard
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares SogoTrade vs Vanguard. Is SogoTrade or Vanguard 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 Vanguard has a commission fee of $7 per trade (first 25). When analyzing trading options, the commission fees of SogoTrade is $2.88 + 50c, and that one of Vanguard is $7+$1 per contract (first 25). 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 Vanguard provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading. As for platforms, SogoTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Vanguard offers 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 founded in 1986 in United States, and it is regulated by SEC and FINRA. And Vanguard was founded in 1975 in USA, and it is regulated by Various local Jurisdictions. We can withdraw funds from SogoTrade with the help of Bank Wire, and its withdrawal fee is $25 for US wire transfer. And Vanguard provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $10. The withdrawal time for SogoTrade is 3 business days, and that one for Vanguard is 3 Business days.
Overall, SogoTrade boasts 4 stars versus Vanguard 3.9 stars.