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 |
$.0000257 / $1 of proceeds as of 4/7/2009 |
|
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 |
Margin Interest Rates
LOAN BALANCE
INTEREST RATE
|
$0.01 - $9,999.99
|
base rate(4.25%) + 3.50% = 7.75%
|
|
$10,000.00 - $49,999.99
|
base rate(4.25%) + 3.00% = 7.25%
|
|
$50,000.00 - $99,999.99
|
base rate(4.25%) + 1.75% = 6.00%
|
|
$100,000.00 - $149,999.99
|
base rate(4.25%) + 1.50% = 5.75%
|
|
$150,000.00 - $249,999.99
|
base rate(4.25%) + 1.50% = 5.75%
|
|
$250,000.00 - $499,999.99
|
base rate(4.25%) + 1.25% = 5.50%
|
|
$500,000.00 - $999,999.99
|
base rate(4.25%) + 0.75% = 5.00%
|
|
$1,000,000.00 and above |
base rate(4.25%) + 0.25% = 4.50%
|
The margin base rate corresponds to the Genesis Securities broker call rate as defined by current industry standards and other commonly recognized interest rates as well as the common charges related to extending margin credit. Base rate is current as of October 30, 2008, is set at 4.25%. Securities priced at or below $5 are not marginable with SogoTrade, and are subject to liquidation to cover margin debits.
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.