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, add $0.0003 per share.
    **For Stocks priced under $1, $100 minimum investment (principal) required per opening transaction.
    **Online trades are limited to 100,000 shares. Please call our Trade Desk to place orders over 100,000 shares. Orders phoned in for stock priced below $1 will be subject to a $25 base rate + the surcharge.
    Note: Free reward trades and prepaid trades do not apply to stock priced under $1 nor to any phoned in (broker-assisted) orders.
    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
  • SERVICE
    FEE
  • Online trade confirmation Free
    Online account statement Free
    Online Prospectus (ETF/Fund) Free
    Online Tax statement Free
    Paper trade confirmation $5
    Paper account statement $10
    Paper Prospectus (ETF/Fund) $5
    Paper Proxy Free
    Paper Tax statement $5
    Duplicate account confirmation /statement $10
    Options Expiration Management $75 (base rate) plus 50 ¢ per contract
    Margin sellout / Short Force Buy in Fee $25
    ACH fund transfer Free
    Returned ACH fund transfer $30.00 per item
    Check withdrawal Free
    Returned checks $35
    Stop Payment $35
    Outbound wire(domestic / international) $25/$50
    Wire Returned/Amendment(domestic / international) $30.00 per item
    Account transfer in / ACAT in Free
    Account transfer or ACAT out (Full or Partial) $75
    ADR Fee * $ 0.01 Up to $0.10 per share hold
    DTC transfer out $25.00 + pass through fee
    Non-DTC item/ Physical trade fee $150
    Non-transferable securities $20 per month / per CUSIP
    Worthless Securities Processing $10 each position
    Voluntary reorganizations $50
    Account closing fee No Fee
    Low Equity Fee $50 annual
    Charged if total account equity drops below $100
    (waived if at least 1 trade executed in previous 12 month period)
    Account verification fee $10
    Locate / Deactivate Account
    (Mandated if missing for 2 years)
    $100
    Lost Customer Locate Fee
    (Mandated if physical mail returned twice within 6 months)
    $10.00 Per locate notification
    Legal items $25
    Overnight Shipping Domestic/International $50 / $100
    Return Mail Fee $5 per return
    TOD Account Transfer Fee $200
    IRA setup fee Free
    IRA Annual fee $35
    IRA closing fee $60
    IRA ACAT out fee $75
    Regulatory Fee  
    SEC Fee $0.0000184 / $1 of proceeds
    TAF (Trading Activity Fee) * Sell Side transactions only
    Current Rate starting 10/1/2012 Equity 0.000119/share, maximum $5.95 Option. 0.002/contract
    Options Regulatory Fee* $0.0427 per contract

* Financial Industry Regulatory Authority (FINRA) transaction fee (TAF) This fee is charged on all stock, ETF option and bond sales.
* 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.
* ADR agents that sponsor American Depositary Receipts (ADRs) are permitted to charge ADR holders an annual custody fee. The fee is administered through the Depository Trust Company (DTC) which typically will be subtracted from the gross dividend amount paid, if the ADR does not pay a dividend. The annual fee will be posted to your account by our clearing firm. The fee amounts and timing differ by ADR.

Margin Interest Rates
  • LOAN BALANCE
    INTEREST RATE
  • $0.01 - $9,999.99 8.75%
    $10,000 - $49,999.99 7.75%
    $50,000 – $99,999.99 6.75%
    $100,000 – $249,999.99 5.50%
    $250,000 – $499,999.99 5.00%
    $500,000 – $999,999 .99 4.50%
    $1,000,000 + 4.00%
  • Starting 9/1/2015

Margin Call Description
  • Call Type (Acronym)
    Due Date in Business Days
    Trigger
  • 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)
    T+2*(options)
    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.