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Comparison SogoTrade vs XTB

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare SogoTrade vs XTB. Which of them: SogoTrade or XTB 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 XTB has a commission fee of from 0.3 pips. When analyzing commission fees in CFD: SogoTrade provides $2.88, and XTB provides 0.08% minimum $8.00 USD. 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, ETFs Trading, Forex Trading, Crypto Trading are provided by XTB. Concerning the platforms, SogoTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while XTB uses 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 XTB was established in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. We can withdraw funds from SogoTrade with the help of Bank Wire, and its withdrawal fee is $25 for US wire transfer. And XTB 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 XTB is n/A.

As a result, the rating of SogoTrade is 4 stars versus that of XTB of 4.3 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
XTB
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%
XTB
Stock
From 0.3 pips
ETFs
0.08% minimum $8.00 USD
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
From 0.1 pips
CFDs
0.08% minimum $8.00 USD
Futures
N/A
Metals
From 0.3 pips
Cryptocurrency
Spreads vary

Types of trading

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

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
SogoTrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
XTB
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

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

Mobile App

Mobile App
Android App
iOS App
SogoTrade
Android App
iOS App
XTB
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
SogoTrade
Minimum deposit
$0
Bank Wire
Visa/Mastercard
XTB
Minimum deposit
$250
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
XTB
Bank Wire
Withdrawal Time
N/A
Withdrawal Fee
Free

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
XTB
Сountry of Origin
United Kingdom
Year Founded
2002
Regulated By
FCA, IFSC, KNF, CNMV and CMB

Customer Service

Customer Service
Phone
Email
Live Chat
 
SogoTrade
Phone
Yes
Email
Yes
Live Chat
Yes
XTB
Phone
+48 222 739 976
Email
sales_int@xtb.com
Live Chat
Yes

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