SogoTrade is a division of Genesis Securities, a member of the Securities Investor Protection Corporation (SIPC) which protects customer accounts of its members up to $500,000 (including $100,000 for claims for cash). Genesis Securities has also purchased additional protection from London Underwriters in the amount of $4,500,000 (including $900,000 in claims for cash) for each customer account to pay amounts in addition to those returned in SIPC liquidation, subject to an aggregate limit of $25,000,000. Total account protection for each SogoTrade account holder is up to $5,000,000, including up to $1,000,000 in cash. This coverage does not protect against the loss of the market value of securities. A brochure with details about SIPC protection is available at www.SIPC.org.
SIPC is not the same as the insurance on bank accounts provided by the Federal Deposit Insurance Corporation.
Nothing is more important to SogoTrade than the security your personal information and account access. SogoTrade’s account login system and website have incorporated the latest technology to combat online fraud and identity theft. When you open an new account, you will be able to set up a user ID, password, account PIN, personal account image, and personal account phrase. Visit our Security Center to learn more about the security features offered by SogoTrade.