SogoTrade Deep Discount Stock Broker



Fund Your Account

Do you know how to start trading stocks? Once your account is opened, the next step is to fund your account. At SogoTrade, we make this easy by offering you several options to do so. You can wire funds, send a check, use the ACH feature (Automated Clearing House) or transfer an account from another brokerage firm (you may even qualify for reimbursement, if your old broker charges you a fee to transfer out). Many people wonder how to start trading once the account is funded. That’s easy. Utilize one of our many tools, as well as our caring customer service to support you with your decisions.

Wire Transfer


Wire deposits to your account would be initiated from a third-party financial institution. Wire withdrawals from your account can be initiated directly from the SogoTrade website.

Please follow the directions below, in order to wire funds to your SogoTrade account. The funds will be posted to your account as soon as they are received.
 

Click here to download Wire deposit Instructions 

 


  

Check deposit


If a check is mailed in, it may take up to 10 business days to process your deposit or receive your withdrawal.

Important:
Please make your check payable to:
"Apex Clearing Corporation"
Mail to:
SogoTrade, Inc.
1 McBride and Son Center Drive, Suite 288
Chesterfield, MO 63005

Automated Clearing House (ACH)

  • With your new account login credentials, you will be able to establish a new ACH link with your bank account and make an ACH transfer.
  • New ACH links can be set up by logging into accountcn.sogotrade.com and clicking the “Move Money” link.
  • There is no charge for ACH transfers.
Click here for video instructions on how to link a new bank account for ACH transfers
 

Account Transfer (ACAT)


Allows you to transfer securities and/or funds to your account from another financial institution.


  • STEP 1: Download our Account Transfer Form and input your information. Review, Print and Sign the form.
  • STEP 2: Attach a copy of your most recent monthly statement from the institution you are transferring from.
  • STEP 3: Email, Fax or Mail the above documents to:
    Email Address : [email protected]
    Fax Number : 1-646-459-2749


    Mailing Address:
    SogoTrade, Inc.
    1 McBride and Son Center Drive, Suite 288
    Chesterfield, MO 63005
    Attention: New Account Department
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© 2017 SogoTrade, Inc. All rights reserved. SOGOTRADE®, the SOGOTRADE® logo, and all other trademarks, whether registered or unregistered. are the property of SogoTrade, Inc. and its affiliates, SogoTrade, Inc. is a member of FINRA and SIPC.


* SogoTrade, Inc. is a member of Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). SIPC does not protect against declines in the market value of securities. For additional information regarding SIPC, including obtaining a copy of a SIPC brochure, please contact SIPC at (202)371-8300 or visit the SIPC website at www.sipc.org.

Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.

1. For a limited time, when you open a new SogoTrade account and meet SogoTrade's $500 account minimum, you'll receive 100 free trades good for 30 days. Your free trades will be applicable to online equity trades of stock priced at $1 or higher and to the base commission of online options trades (per contract fees will still apply). Free reward trades do not apply to any broker-assisted trades, stock trades priced below $1 per share or pink sheet stock trades. Please read Terms and Conditions for details.

2. When you complete an account transfer, valued at $10,000 or higher, from another brokerage to your SogoTrade account, SogoTrade will reimburse, up to a maximum of $100, the account transfer fees imposed by the other broker. You must apply for the ACAT reimbursement by completing and submitting a SogoTrade Account Transfer Reimbursement Request form and provide an account statement to SogoTrade as proof of the imposed transfer fees. The Account Transfer Reimbursement Request form and proof of transfer fees can be mailed or faxed to SogoTrade. Reimbursements will be made to your account via a credit within 30 days of receipt of the Account Transfer Reimbursement Request form and proof of transfer fees. Your SogoTrade account must remain open and maintain a minimum equity of $500 for a period of at least six months, or SogoTrade may charge the account for any transfer fee reimbursement credits. SogoTrade reserves the right to terminate this offer at any time without prior notice or extend the offer at its sole discretion. Offer is not valid for internal transfers between any two SogoTrade accounts. Offer valid for a limited time. Void where prohibited. The 100 free trades promotion is only available to brand new customers of SogoTrade Inc. Current customers and former customers opening a new account are not eligible for this free trade promotion.

3. Refer a friend or family member to SogoTrade and receive 25 free trades when he or she opens a qualified SogoTrade brokerage account, meets the $500 account equity minimum and places one online equity trade. Referral rewards will be valid for 90 days from issue date and can be used for real-time market and limit orders or scheduled investment trades. There is no limit to the number of friends you can refer or the quantity of free trades you can earn. Please read Terms and Conditions for details.

By logging in and accessing your account, you consent to the Account Agreement. This agreement is effective at all times when using this site. Unauthorized access and use is prohibited.

The material provided is for informational purposes only. Any specific security, or types of securities, used as examples are for demonstration purposes only. You should not consider information provided on this website as a recommendation or solicitation to invest in, or liquidate, a particular security or type of security. Please see details regarding all offers as terms and conditions may apply. SogoTrade does not provide tax advice. Please consult your tax or legal advisor for questions concerning your tax or financial situation. You should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information. You should read the prospectus carefully before investing. Prospectuses are available by contacting SogoTrade’s Client Support at 1-646-885-6486. You should consider the investment objectives, charges, expense, and exclusive risk profile of an exchange-traded fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A prospectus contains this and other information about the ETF, and you can obtain a prospectus from the issuer. You should read the prospectus carefully before investing.

Market volatility, volume and system availability may affects account access and online trade execution.

© 2017 Market data displayed under Research is provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar. SEC Filings provided by Edgar Online. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.

Important Note: Options involve risk and are not suitable for all investors. For more information, please read the Characteristics and Risks of Standardized Options.Please note fees, commissions and interest charges should be considered when calculating results of options strategies. Transaction costs may be significant in multi-leg option strategies, including spreads, as they involve multiple commission charges. Supporting documentation for any claims will be supplied upon request. SogoTrade does not provide tax advice. Please consult with a tax advisor as to how taxes may affect the outcome of options transactions/strategies.

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