Transferring Funds from your bank account into your SogoTrade takes approximately 3 business days to process from the time you initiate a transfer.

How Electronic Transfers Work

1 - Request a Funds Transfer

Set up a funds transfer from your external bank account. This can be scheduled as a one-time, future date, or recurring transfer.

2 - Bank Receives Your Request and Transfers Your Funds to SogoTrade

Depending on your bank and when you initiate you transfer request, your funds transfer may get processed on the same day or on the next business day. After your bank processes your transfer, the funds are deducted from your bank account.

3 - SogoTrade Receives Your Funds

SogoTrade receives the funds from your external account and posts those funds to your SogoTrade account that evening.

4 - Funds Are Released For Trading

Your funds are available for trading before market open the next day.