Commissions, Rates, and Fees

At SogoTrade, we have some of the lowest stock trading fees in the Industry. Not only stock trading fees, but also some of the lowest options trading fees and margin interest rates, as well. As a matter of fact, many brokerage firms charge fees that we do not (such as maintenance and inactivity fees). One of our goals is to help remove obstacles that can stand in the way of your investment success. Our low fees are just one of the reasons you will see how much we value your business.

SogoTrade Commission Schedule
  • Equity Trades
  • Qualifications 150+Trades/Qtr 0 -149 Trades/Qtr
    Online (market or limit) $3* (base rate)
    Unlimited Shares**
    $5* (base rate)
    Unlimited shares**
    Prepaid $4 Trades Available!
    Extended Hours
    (limit only)
    Base Rate + $.005/share
    Broker-Assisted $25* (base rate)
    Unlimited shares **
  • Option Trades
  • Online $5 (base rate)plus 50¢ per contract
    Broker-Assisted $25 (base rate)
    plus 50¢ per contract
    Options exercise/assignment $15
  • * For stocks priced under $1.00, add ½% of the principal value.
    ** Online trades are limited to 100,000 shares.
    Please contact the Trade Desk to place larger orders.
    Free reward trades do not apply to any broker-assisted trades.
    Penny Stocks: OTCBB and Pink Sheets may incur additional transaction fees based on DTC charges. These charges can be substantial, so they may be blocked from online trading. In this case, please contact the Trade Desk for more information.

    SogoTrade offers many convenient funding options including one-time and recurring ACH electronic transfers, check deposits, and wire transfers.

Miscellaneous Fees
  • Online trade confirmation Free
    Online account statement Free
    Online Prospectus (ETF/Fund) Free
    Paper account statement $5
    Paper Tax statement $5
    Paper trade confirmation $2
    Paper Prospectus (ETF/Fund) $2.50
    Paper Proxy Free
    Duplicate account statement $5
    Duplicate trade confirmation $2
    SEC Fee $0.0000184 / $1 of proceeds as of 2/14/2015
    TAF (Trading Activity Fee) * Sell Side transactions only
    Current Rate as of Oct. 1, 2012
    Equity 0.000119/share, maximum $5.95
    Option 0.002/contract
    Options Regulatory Fee* $0.0345 per contract starting 2/2/2015
    Options Expiration Management $75 (base rate) plus 50¢ per contract
    Margin sellout $25
    ACH fund transfer Free
    Returned ACH fund transfer $35
    Check withdrawal Free
    Returned checks $35
    Outbound wire
    (domestic / international)
    Returned wire
    (domestic / international)
    Account transfer / ACAT in No Fee
    Full account transfer / ACAT out $75
    Partial account transfer / ACAT out $50
    DRS Transfer Fee /per position: $30 + pass through fees
    (please contact us for pricing)
    DWAC Transfer Fee/per position: $30 + pass through fees
    (please contact us for pricing)
    DTC transfer out $25.00/ Per position
    Worthless Securities Processing $10 each position
    Return Mail Fee $2 per return
    Account closing fee No Fee
    Account maintenance fee No Fee
    Inactivity fee No Fee
    Locate / Deactivate Account
    (Mandated if missing for 2 years)
    Voluntary reorganizations $35
    Legal items $25
    Account verification fee $10
    Certificate deposit $75 + pass through fees (please contact us for pricing)
    Certificate delivered out / reregistered $100 + pass through fees (please contact us for pricing)
    Certificate delivered out / reregistered (rush service) $350 + pass through fees (please contact us for pricing)
    Domestic overnight for checks $45
    International overnight for checks $100
    Non-transferable securities $7.50 per month / per CUSIP
    Stop Payment $35
    IRA setup fee Free
    IRA Annual fee $30
    IRA closing fee $50
    IRA ACAT out fee $75

* The following options exchanges assess an Options Regulatory Fee (referred to as the “ORF fee”) on options transactions executed by its members that clear in the customer range at Options Clearing Corporation (“OCC”) regardless of the marketplace of execution. The effective rate of the ORF fee is $0.0345 per contract with no minimum per trade (starting 2/2/2015).
* Financial Industry Regulatory Authority (FINRA) transaction fee (TAF) This fee is charged on all stock, ETF option and bond sales.

Margin Interest Rates
  • $0.01 - $9,999.99 6.75%
    $10,000.00 - $49,999.99 6.50%
    $50,000.00 - $249,999.99 5.50%
    $250,000.00 - $499,999.99 5.00%
    $500,000.00 + 4.50%
  • As of June 16, 2013

Margin Call Description
  • Call Type (Acronym)
    Due Date in Business Days
  • Daytrade Call (DT) T+5* Insufficient Daytrade Buying Power (DTBP) to satisfy initial requirement on daytrading transactions.
    Money Due Call(MD) T+5* Insufficient available funds to satisfy requirements on cash account transactions.
    Reg T Call(RT) T+5*(Equities)
    Insufficient Overnight Buying Power (ONBP) to satisfy initial requirement on opening transactions.
    Concentrated Maintenance (CM) T+3* Account margin equity falls below concentration maintenance requirements.
    Equity Maintenance (EM) T+3* Pattern Daytrade (PDT) account equity falls below $25,000 minimum.
    Required Maintenance(RM) T+3* Account margin equity falls below FINRA minimum maintenance requirements.
  • *Note: Any subsequent calls may be due T=1.
    T + # = Transaction date plus number of business days

All commissions, fees and rates are subject to change.