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Comparison SogoTrade vs Vantage FX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares SogoTrade vs Vantage FX. Is SogoTrade or Vantage FX a better online broker?
First of all, we’ll compare the commission fees of the two brokers. 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 Forex Trading, Crypto Trading are provided by Vantage FX. Concerning the platforms, SogoTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Vantage FX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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 founded in 1986 in United States, and it is regulated by SEC and FINRA. And Vantage FX was founded in 2009 in Australia, and it is regulated by ASIC. We can withdraw funds from SogoTrade with the help of Bank Wire, and its withdrawal fee is $25 for US wire transfer. And Vantage FX provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The withdrawal time for SogoTrade is 3 business days, and that one for Vantage FX is 3 - 10 business days.
As a result, the rating of SogoTrade is 4 stars versus that of Vantage FX of 4.9 stars.