Whether you are an active trader or a long-term investor, SogoTrade can lower your trading costs. Compare our commission rates, open an account and see why sophisticated traders and investors choose SogoTrade
Equity Trades  
  Long Term Stock Investment Ameritrade E*trade Scottrade Fidelity Charles Schwab ShareBuilder/ING Direct
Online orders (Market or Limit)* $3.00 $9.99 $9.99 $7.00 $7.95 $8.95 $9.95
Broker Assisted Orders** $25.00 $44.99 $54.99 $27.00 $55.00/trade + 14¢ a share above 100 shares $33.95 $19.95
Share Maximum per Trade Unlimited Unlimited Unlimited Unlimited Unlimited Unlimited 1000, then $0.025 per share
Option Trades  
  Long Term Stock Investment Ameritrade E*trade Scottrade Fidelity Charles Schwab ShareBuilder/ING Direct
Per Trade $5.00 $9.99 $9.99 $7.00 $7.95 $8.95 $9.95
Per Contract $0.50 $0.75 $0.75 $1.25 $0.75 $0.75 $1.00
 
  Long Term Stock Investment Ameritrade E*trade Scottrade Fidelity Charles Schwab ShareBuilder/ING Direct
Quarterly/Annual Account Maintenance Fees NONE NONE $40/$160 NONE NONE NONE NONE
Margin Interest Rate on a $10,000 Debit 6.50% 8.75% 7.99% 7.50% 8.08% 8.50% 6.50%
Inactivity Fees NONE NONE $40/Quarter NONE NONE NONE NONE
Account Minimum $500.00 $2,000.00 $500.00 $500.00 $2,500.00 $1,000.00 NONE
Sample Equity Trade Commissions  
  Long Term Stock Investment Ameritrade E*trade Scottrade Fidelity Charles Schwab ShareBuilder/ING Direct
Online Order for 10,000 Shares at a $7.00 Limit $3.00 $9.99 $9.99 $7.00 $7.95 $8.95 $234.95
Online Order for 75,000 Shares at a $1.00 Limit $3.00 $9.99 $9.99 $7.00 $7.95 $8.95 $1,859.95
Broker Assisted Order of 25,000 Shares at a $3.00 Limit $25.00 $44.99 $54.99 $27.00 $3,541.00 $33.95 $619.95
Online Order for 50,000 Shares at a $0.01 Limit $5.50 $9.99 $9.99 $9.50 $7.95 $8.95 $12.50
Online Order for 5,000 Shares at a $0.50 Limit $15.50 $9.99 $9.99 $19.50 $7.95 $8.95 $9.95
Sample Option Trade Commissions  
  Long Term Stock Investment TradeKing OptionXpress Active OptionXpress Standard ShareBuilder Advantage ShareBuilder
Basic
Fidelity Charles Schwab TD Ameritrade E*Trade Scottrade
10 Contracts $10.00 $11.45 $12.95 $14.95 $15.45 $22.45 $15.45 $16.45
$17.49
$17.49
$19.50
25 Contracts $17.50 $21.20 $31.25 $37.50 $26.70 $41.20 $26.675
$27.70
$28.74
$28.74
$38.25
50 Contracts $35.00 $37.45 $62.50 $75.00 $45.45 $72.45 $45.45
$46.45
$47.49
$47.49
$69.50
Prices for competitors were obtained on Feb. 10th 2010 and are believed but are not guaranteed to be accurate. Some of the firms listed above may reduce or waive commissions or fees depending on account activity or total account value. Furthermore, the quarterly account maintenance fees imposed by other brokers may be waived if your account meets minimum balance and/or trading requirements.

We do not ordinarily accept orders to open a position in a "Pink Sheet" stock. However, occasionally a stock symbol will be active in our system when a stock transitions into the Pink Sheet system. We may subsequently lock that symbol from the system in which case no new buy orders will be accepted and sell orders must be phoned to our trading desk.

* For stocks priced under $1.00, the online commission is $3 plus ½% of the principal value.
* For Trades above 100,000 shares, please contact our customer service for assistance.
** For stocks priced below $1.00, the broker-assisted trade commission is $25 plus ½% of the principal value. View Examples.

SogoTrade offers many convenient funding options including one-time and recurring ACH electronic transfers, check deposits, and wire transfers.