Wikilix
SogoTrade logo

SogoTrade

Regulated
United States
,
Since 1986
Last Updated:
60/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
JointJointCorporate+11 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

ACH Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

Bank Wire Transfer

wire transfer
1 days
Fee:
Free
Fee:
Free

Credit/Debit Card

credit card
Instant
Fee:
Free
Fee:
Free

Check Deposit

other
10 days
Fee:
Free
Fee:
Free

Cryptocurrency Trading

crypto
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 72%, 2: License 83%, 3: Software 0%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
72%Good
License
83%Excellent
Software
0%Poor
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor

Company Information

Full Name:SogoTrade, Inc
Founded:1986
Headquarters:United States
Enterprise Offices:1offices

Customer Support

Phone:
+1 888-681-7646
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

Broker Summary

Summary of the broker

SOGOTRADE is a brokerage firm and provider of financial services that allows individuals to trade via a global network. The firm was created to accommodate both new and seasoned traders and is intended to provide the best possible trading environment and user experience. There are only a few sources on the internet regarding SOGOTRADE, yet the firm offers one of the most comprehensive selections of services in the world, enabling clients to engage in trading across a variety of different asset types through multiple asset-based trading platforms.

SOGOTRADE does not have a specific history or designation indicating its inception or public profile; however, based on the products and services that have been currently offered, the firm has developed a goal of becoming a provider of industry-standard trading services.

The following are some of the main products and services SOGOTRADE will likely provide to its clients:

Access to foreign exchange (Forex), Commodities, global Indices, possibly Cryptocurrencies.

Real-time data and advanced charting capabilities with SOGOTRADE's trading platform.

Some Risk Management tools that can aid traders in making well-informed decisions.

The Regulators and their licensing and compliance regulations will be an essential factor in determining if this broker has adequate protection for its customers.

Regulator License Number

Limited information available. — —

SOGOTRADE does not provide specific information regarding its trading conditions or technology.

Trading conditions are a major consideration when evaluating a broker's competitiveness. There is limited publicly available information regarding the following aspects of SOGOTRADE:

SOGOTRADE's spreads, leverage, minimum deposit and trading platforms.

In line with common industry practice, SOGOTRADE will likely support:

Trading Conditions Spreads

Limited Information Available

Leverage

Limited Information Available

Minimum Deposit

Limited Information Available

Trading Platforms

Limited Information Available

SOGOTRADE is expected to offer something similar to its competitors regarding its trading platform's ability to facilitate efficient order execution, provide real-time pricing, and provide analytical tools to assist traders in their decision-making.

Although calculating your potential trading costs can help you determine your potential gain or loss from Forex trades with SOGOTRADE, to determine and evaluate the total trading costs will require you to understand the fees through which you will incur these fees. As such, there are limited publicly available details regarding the SOGOTRADE deposit, withdraw, and commission fees.

Fees Deposit Fees

Limited Information Available

Withdrawal Fees

Limited Information Available

Commission

Limited Information Available

User Experience and Market Reputation

Although limited user reviews and publicly available data exist with regard to assessing SOGOTRADE's reputation; SOGOTRADE's trading platform; and services; traders should do their own research, test the demo accounts offered by SOGOTRADE and contact SOGOTRADE support directly whenever possible.

Regulatory Licenses

Compliance & oversight

2 licenses
United States
FINRATier 1
United States#CRD #17912
License Details
Type:Dealing in securities
License #:CRD #17912
Status:Regulated
Validity
Effective:N/A
Expires:N/A
United States
SECTier 1
United States#8-35930
License Details
Type:Dealing in securities
License #:8-35930
Status:Regulated
Validity
Effective:N/A
Expires:N/A
2
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

14 types
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Corporate
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Trust
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
SIPP
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
ISA
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
SIPP
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
SIPP
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
SIPP
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Crypto
Crypto CFD
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Business
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Trust
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Cash (invest)
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
14
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

5 methods
ACH Transfer
Bank Transfer3 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Funds deposited via ACH must remain in account for 5 business days before withdrawal; available to clients with U.S. bank accounts.
Bank Wire Transfer
Wire Transfer1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Wire deposits must include your name and SogoTrade account number or will be returned with a fee; available to clients with U.S. bank accounts.
Credit/Debit Card
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Not all card types may be accepted; widely accepted in the U.S.
Check Deposit
Other10 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Funds deposited via check may take at least 10 business days to process; available to clients who can mail checks to SogoTrade.
5
Free Deposit
5
Instant
1
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with SogoTrade: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark SogoTrade at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for SogoTrade

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://sogotrade.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

3 platform

Corporate Network

Enterprise structure & relationships

1 entities

SogoTrade, Inc.

United States
active

Registration

F01209299

Established

2018-10-10

Comments

Share your thoughts and experiences with SogoTrade