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NYSE, AMEX, NASDAQ Listed Stocks
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Premium Plan
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Standard Plan
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Online Stock Trade
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$1.50 per trade with $10 monthly subscription fee*
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$3.00 per trade with no monthly subscription fee*
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Broker-Assisted Trade
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$27.00*
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$27.00*
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Scheduled Investment Orders
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$1.50 per investment
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$3.00 per investment
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*For Trades above 5000 shares, the commission cost is the regular commission plus
$0.004 per share Commissions are charged on a per order basis. Limit orders executed
over multiple days and orders modified after a partial execution on the same day
will be treated as separate orders for commission calculation purposes. 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.
Scheduled investment are made on the first four Tuesday of every month. In months that contain five Tuesdays, no investments will be made on the fifth Tuesday.
Funds necessary to purchase stock through scheduled investment trades must be available
in your account by 1:00 PM the trading day prior to the scheduled investment day.
If funds are not available by this time, your scheduled investment trade will not
execute. SogoTrade offers many convenient
funding options to meet this cutoff time including one-time and recurring
ACH electronic transfers, check deposits, and wire transfers.
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Margin Interest Rates
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LOAN BALANCE
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INTEREST RATE
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$0.01 - $9,999.99
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base rate(3.75%) + 3.00% = 6.75%
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$10,000.00 - $49,999.99
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base rate(3.75%) + 2.75% = 6.50%
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$50,000.00 - $99,999.99
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base rate(3.75%) + 1.75% = 5.50%
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$100,000.00 - $149,999.99
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base rate(3.75%) + 1.50% = 5.25%
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$150,000.00 - $249,999.99
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base rate(3.75%) + 1.50% = 5.25%
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$250,000.00 - $499,999.99
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base rate(3.75%) + 1.25% = 5.00%
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$500,000.00 - $999,999.99
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base rate(3.75%) + 0.75% = 4.50%
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$1,000,000.00 and above
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base rate(3.75%) + 0.25% = 4.00%
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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 July 16, 2008, is set at 3.75%. Securities priced at or below $5 are not marginable with SogoTrade, and are subject to liquidation to cover margin debits.
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Cash Interest Rates
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FREE CASH BALANCE
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INTEREST RATE
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$0.01 - 2,499.99
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0.00%
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$2,500 - 9,999.99
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0.15%
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$10,000.00 - 49,999.99
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0.40%
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$50,000.00 - 99,999.99
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0.65%
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$100,000.00 - 249,999.99
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0.90%
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$250,000.00 - 499,999.99
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1.15%
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$500,000.00 - $999,999.99
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1.40%
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$1,000,000.00 and Greater
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1.40%
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Miscellaneous Fees
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SERVICE
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FEE
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Electronic confirmation
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No Charge
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Electronic statement
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No Charge
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Monthly statements and confirmations (hardcopy)
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$5
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Duplicate historical confirmation
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$5
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Duplicate historical statement
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$5
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Overnight delivery
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$20
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Broker Assisted Trade
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$27
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Margin Sellout
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$27
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Returned ACH (Electronic Transfer)
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$25
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Returned Checks
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$20
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Wire funds out domestic / International
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$20/$40
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Voluntary reorganizations
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$25
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Legal items
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$25
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Certificate delivered out / Reregistered
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$50 plus direct cost
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Regulatory Transaction Fee
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$.00056 per $100 of sales proceeds
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Transfer(ACAT) out
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$50
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Transfer(ACAT) in
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No Charge
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Internal Transfer
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$10
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Account closing
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No Charge
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Online confirmations and statements
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No Charge
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Annual account maintenance
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No Charge
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Inactive account
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No Charge
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All commissions, fees and rates are subject to change.
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