SogoTrade Commission Schedule
- Equity Trades
| Online (market or limit)* |
$3
Unlimited shares * |
| Broker-Assisted ** |
$27
Unlimited shares ** |
- Option Trades
| Online |
$5.00 plus 65¢ per contract |
| Broker-Assisted ** |
$27.00 plus 65¢ per contract |
| Options exercise/assignment |
$15 |
| Account minimum |
$500.00 |
|
Electronic funds transfers |
Unlimited / free |
|
Inactivity fees |
None |
|
Subscription fees |
None |
* For stocks priced under $1.00, the online commission is $3 plus ½% of the principal value.
* For trades of more than 100,000 shares, please contact customer service for assistance.
** For stocks priced below $1.00, the broker-assisted trade commission is $27 plus ½% of the principal value.
Limit orders executed over multiple days, and orders modified after a partial execution will be treated as separate orders for commission purposes.
SogoTrade offers many convenient funding options including one-time and recurring ACH electronic transfers, check deposits, and wire transfers.
Miscellaneous Fees
SERVICE
FEE
-
|
Online trade confirmation |
Free |
|
Online account statement |
Free |
|
Paper account statement / confirmation |
$5 |
|
Paper duplicate trade confirmation |
$5 |
|
Paper duplicate account statement |
$5 |
|
Broker-assisted trade commission |
$27 |
|
SEC Fee |
$.0000169 / $1 of proceeds as of 3/29/2010 |
|
Margin sellout |
$27 |
|
ACH fund transfer |
Free |
|
Returned ACH fund transfer |
$25 |
|
Check withdrawal |
Free |
|
Returned checks |
$25 |
|
Outbound wire (domestic / international) |
$25/$50 |
|
Returned wire (domestic / international) |
$25/$50 |
|
Account transfer (ACAT) in |
No Fee |
|
Full account transfer (ACAT) out |
$75 |
|
Partial account transfer (ACAT) out |
$50 |
|
Internal transfer between SogoTrade accounts |
$10 |
|
Account closing fee |
No Fee |
|
Account maintenance fee |
No Fee |
|
Inactivity fees |
No Fee |
|
Voluntary reorganizations |
$35 |
|
Legal items |
$25 |
|
Certificate deposit |
$75 |
|
Certificate delivered out / reregistered |
$100 |
|
Certificate delivered out / reregistered (rush service) |
$350 |
|
Certificate related delivery - through transfer agent |
$50 |
|
Overnight delivery postage |
$25 |
|
Saturday delivery postage (continental US) |
$35 |
|
Non-transferable securities over 6 years |
$10/per month, per CUSIP |
Cash Interest Rates
FREE CASH BALANCE
INTEREST RATE
|
$0.01 - 2,499.99
|
0.00%
|
|
$2,500 - 9,999.99
|
0.00%
|
|
$10,000.00 - 49,999.99
|
0.00%
|
|
$50,000.00 - 99,999.99
|
0.00%
|
|
$100,000.00 - 249,999.99
|
0.00%
|
|
$250,000.00 - 499,999.99
|
0.00%
|
|
$500,000.00 - $999,999.99
|
0.00%
|
|
$1,000,000.00 and Greater |
0.00%
|
Margin Call Description
Securities priced at or below $5 are not marginable with SogoTrade, and are subject to liquidation to cover margin debits.
-
Call Type (Acronym)
Due Date in Business Days
Trigger
|
Daytrade Call (DT)
|
3
|
Insufficient Daytrade Buying Power (DTBP) to satisfy initial requirement on daytrading transactions.
|
|
Money Due Call(MD)
|
3
|
Insufficient available funds to satisfy requirements on cash account transactions.
|
|
Reg T Call(RT)
|
3
|
Insufficient Overnight Buying Power (ONBP) to satisfy initial requirement on opening transactions.
|
|
Concentrated Maintenance (CM)
|
3
|
Account margin equity falls below concentration maintenance requirements.
|
|
Equity Maintenance (EM)
|
3
|
Pattern Daytrade (PDT) account equity falls below $25,000 minimum.
|
|
Required Maintenance(RM)
|
3
|
Account margin equity falls below FINRA minimum maintenance requirements.
|
All commissions, fees and rates are subject to change.