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
FINRATier 1Regulated
SECTier 1Regulated
Account Types
Trading account options
JointCorporateLeverage 1:1 • Commission Not specified
JointCorporateLeverage 1:1 • Commission Not specified
CorporateCorporateLeverage 1:1 • Commission Not specified
TrustInvestLeverage 1:1 • Commission Not specified
SIPPInvestLeverage 1:1 • Commission Not specified
ISAInvestLeverage 1:1 • Commission Not specified
JointCorporateLeverage 1:1 • Commission Not specified
SIPPInvestLeverage 1:1 • Commission Not specified
SIPPInvestLeverage 1:1 • Commission Not specified
SIPPInvestLeverage 1:1 • Commission Not specified
CryptoCrypto CFDLeverage 1:1 • Commission Not specified
BusinessCorporateLeverage 1:1 • Commission Not specified
TrustInvestLeverage 1:1 • Commission Not specified
Cash (invest)InvestLeverage 1:1 • Commission Not specified
Funding Methods
Deposit & withdrawal options
ACH TransferFree Deposit
Bank Wire TransferFree Deposit
Credit/Debit CardFree DepositInstant
Check DepositFree Deposit
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
Spread data is indicative and for comparison purposes only
Social Presence
Digital community engagement
Corporate Network
Enterprise structure & relationships
SogoTrade, Inc.
Registration
F01209299
Established
2018-10-10

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