| Whether you are an active trader or a long-term investor, SogoTrade offers some of the lowest commissions amongst online brokers and useful tools such as scheduled investing and fractional share purchases. Open an account today and see why investors choose SogoTrade. |
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Ameritrade |
E*trade |
Scottrade |
Fidelity |
Charles Schwab |
| ShareBuilder |
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| Real-time Orders (Market or Limit) |
$3.00 |
$9.99 |
$6.99 - $12.99 |
$7 |
$8 - $19.95 |
$9.95 - $12.95 |
$11.95 - $15.95 |
Share Maximum per Trade
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5,000, then $0.004 per share |
Unlimited |
2,000, then $0.015 per share
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Unlimited |
1000, then $0.015 per share |
1000, then $0.015 per share |
1,000, then $0.015 per share
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| Scheduled Investment |
Tuesdays, all listed and NASDAQ stocks and ETFs |
NO |
NO |
NO |
Fidelity Mutual Funds Only |
Schwab One Source Select Funds Only |
Tuesdays |
| Dollar Based Investing |
YES |
NO |
NO |
NO |
NO |
NO |
YES |
| Inactivity Fees |
NONE |
NONE |
$40/Quarter |
NO |
NO |
NO |
NONE |
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Prices for competitors were obtained on Feb. 4th, 2008 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.
While typically not tradable through SogoTrade, OTCBB and Pinksheet orders must be placed with broker assistance for a $27.00 commission fee. Commissions are charged on a per order basis. Limit orders executed over multiple days and order modified after a partial execution on the same day will be treated as separate orders for commission calculation purposes.
For SogoTrade trades above 5000 shares, the commission cost is the regular commission plus $0.004 for each share above 5000 shares.
View Examples.
For SogoTrade trades of stocks priced less than $1.00, an additional fee of 1/2 of 1% of principal value applies.
View Examples.
SogoTrade offers many convenient
funding options to meet this cutoff time including one-time and recurring ACH electronic transfers, check deposits, and wire transfers.