Commissions, Rates, and Fees

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*Wang Investment Associates Inc. is a member of Securities Investor Protection Corporation (SIPC) through which customer accounts are protected 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 has purchased an additional insurance policy through a group of London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to an aggregate of $600 million. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This additional insurance policy is limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $150 million, including cash of up to $2.15 million. 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 $25,000 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.

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.

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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.

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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.