| Whether you are an active trader or a long-term investor, SogoTrade can lower your trading costs. Compare our commission rates, open an account and see why sophisticated traders and investors choose SogoTrade |
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 |
Ameritrade |
E*trade |
Scottrade |
Fidelity |
Charles Schwab |
ShareBuilder/ING Direct |
| Online orders (Market or Limit)* |
$3.00 |
$9.99 |
$9.99 |
$7.00 |
$7.95 |
$8.95 |
$9.95 |
| Broker Assisted Orders** |
$27.00 |
$44.99 |
$54.99 |
$27.00 |
$55.00/trade + 14¢ a share above 100 shares |
$33.95 |
$19.95 |
| Share Maximum per Trade |
Unlimited |
Unlimited |
Unlimited |
Unlimited |
Unlimited |
Unlimited |
Unlimited |
1000, then $0.025 per share |
| |
|
Ameritrade |
E*trade |
Scottrade |
Fidelity |
Charles Schwab |
ShareBuilder/ING Direct |
| Per Trade |
$5.00 |
$9.99 |
$9.99 |
$7.00 |
$7.95 |
$8.95 |
$9.95 |
| Per Contract |
$0.65 |
$0.75 |
$0.75 |
$1.25 |
$0.75 |
$0.75 |
$1.50 |
| |
|
Ameritrade |
E*trade |
Scottrade |
Fidelity |
Charles Schwab |
ShareBuilder/ING Direct |
| Quarterly/Annual Account Maintenance Fees |
NONE |
NONE |
$40/$160 |
NONE |
NONE |
NONE |
NONE |
| Margin Interest Rate on a $10,000 Debit |
6.50% |
8.75% |
7.99% |
7.50% |
8.08% |
8.50% |
6.50% |
| Inactivity Fees |
NONE |
NONE |
$40/Quarter |
NONE |
NONE |
NONE |
NONE |
| Account Minimum |
$500.00 |
$2,000.00 |
$500.00 |
$500.00 |
$2,500.00 |
$1,000.00 |
NONE |
|
Sample Equity Trade Commissions |
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|
| |
|
Ameritrade |
E*trade |
Scottrade |
Fidelity |
Charles Schwab |
ShareBuilder/ING Direct |
| Online Order for 10,000 Shares at a $7.00 Limit |
$3.00 |
$9.99 |
$9.99 |
$7.00 |
$7.95 |
$8.95 |
$234.95 |
| Online Order for 75,000 Shares at a $1.00 Limit |
$3.00 |
$9.99 |
$9.99 |
$7.00 |
$7.95 |
$8.95 |
$1,859.95 |
| Broker Assisted Order of 25,000 Shares at a $3.00 Limit |
$27.00 |
$44.99 |
$54.99 |
$27.00 |
$3,541.00 |
$33.95 |
$619.95 |
| Online Order for 50,000 Shares at a $0.01 Limit |
$5.50 |
$9.99 |
$9.99 |
$9.50 |
$7.95 |
$8.95 |
$12.50 |
| Online Order for 5,000 Shares at a $0.50 Limit |
$15.50 |
$9.99 |
$9.99 |
$19.50 |
$7.95 |
$8.95 |
$9.95 |
|
Sample Option Trade Commissions |
|
|
| |
|
Ameritrade |
E*trade |
Scottrade |
Fidelity |
Charles Schwab |
ShareBuilder/ING Direct |
| 10 Contracts |
$11.50 |
$17.49 |
$17.49 |
$19.50 |
$15.45 |
$16.45 |
$24.95 |
| 25 Contracts |
$21.25 |
$28.74 |
$28.74 |
$38.25 |
$26.70 |
$27.70 |
$47.45 |
| 50 Contracts |
$37.50 |
$47.49 |
$47.49 |
$69.50 |
$45.45 |
$46.45 |
$84.95 |
Prices for competitors were obtained on Feb. 10th 2010 and are believed but are not guaranteed to be accurate. Some of the firms listed above may reduce or waive commissions or fees depending on account activity or total account value. Furthermore, the quarterly account maintenance fees imposed by other brokers may be waived if your account meets minimum balance and/or trading requirements.
We do not ordinarily accept orders to open a position in a "Pink Sheet" stock. However, occasionally a stock symbol will be active in our system when a stock transitions into the Pink Sheet system. We may subsequently lock that symbol from the system in which case no new buy orders will be accepted and sell orders must be phoned to our trading desk.
* For stocks priced under $1.00, the online commission is $3 plus ½% of the principal value.
* For Trades above 100,000 shares, please contact our customer service for assistance.
** For stocks priced below $1.00, the broker-assisted trade commission is $27 plus ½% of the principal value.
View Examples.
SogoTrade offers many convenient
funding options including one-time and recurring ACH electronic transfers, check deposits, and wire transfers.