COMMISSIONS & FEES

At SogoTrade, we have some of the lowest stock trading fees in the Industry. Not only stock trading fees, but we have some of the lowest options trading fees and margin interest rates, as well. One of our goals is to help remove obstacles that can stand in the way of your investment success. Our low fees are just one of the reasons you will see how much we value your business.


PRE-PAID PACKAGES
With SogoTrade's Prepaid Packages, you can lower your stock commission rate to just $4 per trade! SogoTrade offers prepaid commission packages you can purchase in advance of placing your order so that you can enjoy an even lower stock commission rate. The packages are available in quantities of 20 prepaid trades and are good for one year. You can purchase as many packages as you wish!



SOGOTRADE COMMISSION SCHEDULE

  • Equity Trades
  • Qualifications 150+Trades/Qtr 0 -149 Trades/Qtr
    Online (market or limit) $3* (base rate)
    Unlimited Shares**
    $5* (base rate)
    Unlimited shares**
    Prepaid $4 Trades Available!
    Extended Hours
    (limit only)
    Base Rate   Online order entry only.
    Broker-Assisted $25* (base rate) Unlimited shares **
    This service is only available for regular market hour orders placed by 4:00 pm ET.
  • Option Trades
  • Online $5 (base rate) plus 50¢ per contract
    Broker-Assisted $25 (base rate) plus 50¢ per contract
    Options exercise/assignment $15
  • Mutual Fund Trades
  • Broker-Assisted Only $25 per trade
  • * For stocks priced under $1, add the greater of $0.0003 / share (10% of principal max) OR 1/4% principal.
    * Good Until Cancelled (GTC) orders partially executed over multiple trading days are subject to commission charges for each trading day.
    ** For Stocks priced under $1, $100 minimum investment (principal) required per opening transaction.
    **Online trades are limited to 100,000 shares. Please call our Trade Desk to place orders over 100,000 shares. Orders phoned in for stock priced below $1 will be subject to a $25 base rate + the surcharge.
    Note: Free reward trades and prepaid trades do not apply to stock priced under $1 nor to any phoned in (broker-assisted) orders.
    Penny Stocks: OTCBB and Pink Sheets may incur additional transaction fees based on DTC charges. These charges can be substantial, so they may be blocked from online trading. In this case, please contact the Trade Desk for more information.

    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
      Online prospectus (ETF/Fund) Free
      Online tax statement Free
      Paper trade confirmation $5
      Paper account statement $10
      Paper prospectus (ETF/Fund)
      (domestic/international)
      $5/$10 (Effective 6/1/2017)
      Paper proxy Free
      Paper tax statement $5
      Duplicate trade confirmation / account statement /
      tax statement
      $10
      Options Expiration Management $75 (base rate) plus 50 ¢ per contract
      Margin sellout / Short Force Buy in Fee $25
      ACH fund transfer Free
      Returned ACH fund transfer $30.00 per item
      Check withdrawal Free
      Returned checks $35
      Stop Payment $35
      Outbound wire(domestic / international) $25/$50
      Wire Returned/Amendment(domestic / international) $30.00 per item
      Account transfer in / ACAT in Free
      Account transfer or ACAT out (Full or Partial) $75
      ADR Fee 1 $ 0.01 Up to $0.10 per share hold
      DTC transfer out $25.00 + pass through fee
      Non-DTC item/ Physical trade fee $150
      Non-transferable securities $20 per month / per CUSIP
      Worthless Securities Processing $10 each position
      Voluntary reorganizations $50
      Stock certificate (deposit) $450 minimum
      Stock certificate (withdrawal) Call for current pricing
      Account closing fee No Fee
      Low Equity Fee $50 annual
      Charged if total account equity drops below $100
      (waived if at least 1 trade executed in previous 12 month period)
      Account verification fee $10
      Locate / Deactivate Account
      (Mandated if missing for 2 years)
      $100
      Lost Customer Locate Fee
      (Mandated if physical mail returned twice within 6 months)
      $10.00 Per locate notification
      Legal items $25
      Overnight Shipping Domestic/International $50 / $100
      Return Mail Fee $5 per return
      TOD Account Transfer Fee $200
      IRA setup fee Free
      IRA Annual fee $35
      IRA closing fee $60
      IRA ACAT out fee $75
      Regulatory Fee  
      SEC Fee $0.0000218 / $1 of proceeds
      (as of 2/16/16)
      TAF (Trading Activity Fee) 2 Sell Side transactions only
      Current Rate starting 10/1/2012 Equity 0.000119/share, maximum $5.95 Option. 0.002/contract
      Foreign Ordinary Security Fee 3 $50
      Options Regulatory Fee 4 $0.0431 per contract
      Proprietary Index Option Fee
      ( VIX) 5
      $.50 per contract

    1. ADR agents that sponsor American Depositary Receipts (ADRs) are permitted to charge ADR holders an annual custody fee. The fee is administered through the Depository Trust Company (DTC) which typically will be subtracted from the gross dividend amount paid, if the ADR does not pay a dividend. The annual fee will be posted to your account by our clearing firm. The fee amounts and timing differ by ADR.
    2. Financial Industry Regulatory Authority (FINRA) transaction fee (TAF) This fee is charged on all stock, ETF option and bond sales.
    3. Foreign Ordinary Security Fee - SogoTrade charges an additional $50 fee per transaction for foreign ordinary securities that trade on the U.S. OTC Pink Sheet markets. Typically, these securities trade under 5 letter stock symbols ending in the letter ‘F’. These are also commonly referred to as ‘F’ shares and the fee as an ‘F share fee’. Although these stocks trade on the U.S. markets and are quoted in U.S. dollars, the actual settlement of a foreign ordinary security trade occurs in the local market in which the company is registered and in that country’s currency.
    4. The following options exchanges assess an Options Regulatory Fee (referred to as the “ORF fee”) on options transactions executed by its members that clear in the customer range at Options Clearing Corporation (“OCC”) regardless of the marketplace of execution.
    5. Proprietary Index Option Fees -There are some index option products which are proprietary and listed on a single exchange. Exchanges charge extra fees to trade these products. To offset the exchange fees incurred for trading these products, SogoTrade also charges a per contract fee on these products. This charge will appear in your SogoTrade trade ticket at the time of trade.

Active traders can trade for less at Sogotrade. Our $3 online stock commission is for the active trader who executes 150+ trades per quarter.

SogoTrade offers prepaid commission packages you can purchase in advance of placing your order so that you can enjoy an even lower stock commission rate of $4 per trade. See prepaid packages.

If you do not place over 150 trades per quarter, you can trade stocks online for just $5 regardless of order type. Option trades online are just $5 (base rate) plus $0.50 per contract.

MARGIN INTEREST RATES

Margin Call Description

  • Call Type
    (Acronym)
    Due Date in
    Business Days
    Trigger
  • Daytrade Call (DT) T+5* Insufficient Daytrade Buying Power (DTBP) to satisfy initial requirement on daytrading transactions.
    Money Due Call(MD) T+5* Insufficient available funds to satisfy requirements on cash account transactions.
    Reg T Call(RT) T+5*(Equities)
    T+2*(options)
    Insufficient Overnight Buying Power (ONBP) to satisfy initial requirement on opening transactions.
    Concentrated Maintenance (CM) T+3* Account margin equity falls below concentration maintenance requirements.
    Equity Maintenance (EM) T+3* Pattern Daytrade (PDT) account equity falls below $25,000 minimum.
    Required Maintenance(RM) T+3* Account margin equity falls below FINRA minimum maintenance requirements.
  • *Note: Any subsequent calls may be due T=1.
    T + # = Transaction date plus number of business days

All commissions, fees and rates are subject to change.

    Our Mission

  • At SogoTrade, we aim to decrease your risk while lowering your cost and maximizing your return. We seek to offer you the same product at a better price or a better product at the same price.
    Read more...
  • Review our background on FINRA's BrokerCheck.

Contact Information

  • Nationwide Call Center
  •  US: 1-888-709-7646
  •  Outside US: 1-646-885-6594
  • Service Hours                    
  • Monday - Friday
  • 7am - 8pm ET