Sogo Trade [2021: Review] A Smart Way To Invest

December 15, 2020
Brokers
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Conceived in 1986, Sogo Trade has carved its own niche in the market for being a trusted name for offering stocks, futures, ETFs and crypto. The sign-up procedure is instant and takes 5-10 minutes, meaning that anyone can sign up in no time. There are no initial deposit requirements, which means that you can test the platform with as little as you want to risk. The broker is regulated by the SEC and offers some decent customer service across platforms. Moreover, Sogo Trade offers a referral program that is really helpful and gives you 25 commission-free trades for referring a friend. So what are you waiting for sign up now and enjoy trading stock, ETF and crypto.

Do also check out Capital.com, our highest ranked broker that offers hundreds of stocks, bonds, stocks ETFs, commodities and crypto at some of the most affordable prices in the market. Moreover, with your dedicated account manager and a wealth of educational resources, Capital.com will walk besides you as you learn on your trading journey.

We analyzed hundreds of data points relevant to the costs, benefits and features of trading with SogoTrade and scored our findings on a 10-point scale across 10 distinct categories.
Fees 6
Signup Process 9
Minimum Deposit 10
Ease of Use 5
Deposit & Withdrawal Options 3
Customer Support 7
Asset Classes 3
Referral Program 8
Demo Account & Educational Resources 2
Safety & Regulation 10
Total 63

Introduction

Sogo Trade is a broker that is headquartered in the USA. The broker is headquartered in Saint Louis, Missouri and came into inception in 1986. The broker has gained a lot of positive reviews for its fair practices over the years. You can open an account with Sogo Trade if you belong to the following countries.

American SamoaAndorraAntiguaAruba
AustraliaAustriaBelgiumBelize
BeninBermudaBouvet IslandBrazil
British Virgin IslandsBulgariaCayman IslandsChina
Cook IslandsCosta RicaCzech RepublicDenmark 
DominicaEl SalvadorFalkland IslandsFaroe Islands
FinlandFranceFrench GuineaPolynesia
GabonGermany GibraltarGreece
GreenlandGuamHondurasHong Kong
India IsraelJamaicaJordan
 Serbia SloveniaSwedenSwitzerland
South Korea Tanzania Thailand Togo
UAEUKUSAVirgin Islands
Wallis & FutunaWestern Sahara  

If you are someone in Africa or Asia and are looking for a good broker, do check out IQ Option and easyMarkets as well, as these brokers cover a lot of African and Asian nations and offer some decent value for traders across regions. We also recommend you to have a look at CMC Markets as it is also one of the strongest brokers in our database and covers a lot of African and Asian nations. Many of our brokers in Southern African and far east countries like South Africa, Zimbabwe and Indonesia have tried these brokers and given us positive feedback.

Sogo Trade Pros & Cons

ProsCons
Good Referral ProgramHigh Inactivity Fees
Decent Customer ServiceHigh Withdrawal Fees
Regulated By SECLack of Deposit & Withdrawal Options
Decent Prices For Stock CommissionNo Demo Account

Sogo Trade Pros & Cons Explained

One of the pros for SogoTrade include a good referral program that pays good rewards for you inviting your friends to use the platform. Moreover, the broker has a decent customer service across its live chat, email and phone platforms. Thr broker is also regulated by the Securities and Exchange Commission which lends it a lot of credibility. Sogo Trade also has a good fee structure for stocks aswell, which allows for the esuccessful and profitable trade of stocks.

Some of the cons for the broker include a high inactivity and withdrawal fee (covered in detail in our fees section below). The broker also mainly only offers bank transfers in deposit and withdrawal options which can be a bit of a pain if you are used to using e-wallets or credit cards for deposit and withdrawals.

Account Types

There are several account categories that you can choose from like Brokerage, IRA, Retirement, Power Portfolio & Cryptocurrency accounts.

Brokerage Account

A brokerage account helps you in investing in different asset classes and developing your portfolios. You can open an individual account if you would like to trade individually, or you could also open a joint account to trade with a friend, associate, family member or someone else with whom you would like to trade.

Cryptocurrency Account

A crypto account as the name suggests is designed for you to trade in and save your funds in cryptocurrencies. This provides a good opportunity for crypto traders that would like to trade in this asset class.

Retirement Accounts

A retirement account is meant for you to save funds and make them grow for the future, that way when you retire, you’ll have a good chunk of money saved up which you can withdraw or with which you can get a steady income. You can enter a goal of funds that you want to save in a particular amount of time. You can build a portfolio based on your investment horizon or risk propensity. There are several types of retirement accounts you can open:

Individual Retirement Account or IRA

This is a traditional retirement account similar to the one you can open on other banks. It is meant for individuals looking to save for their retirement without paying capital gains tax or dividend taxes until you actually make a withdrawal after you retire. In other words, your money grows tax-deferred.

Roth IRA

This is the opposite to the previous account, in the sense that with this type of account you pay your taxes on the money you deposit today so that you don’t have to pay those taxes upon retirement.

Rollover Retirement Account

The rollover retirement account allows you to switch your 401k plan from a previous employer into a retirement account where you can start saving by yourself. It is a good way for you to avoid capital gains and dividend based taxes.

Power Portfolio

This is an AI managed portfolio account or a robo-advisor account. With this account, you make a deposit, answer a short questionnaire about your risk averseness, your investment preferences and you goals, and the AI builds a portfolio for you.

Other Account Types

There are other account types you can open with Sogo Trade like Business Accounts, Education Savings Accounta and a Trust Account. The details of these accounts are illustrated in the table below.

Account TypeDescription
Business AccountAccount is owned and used by a corporation.
Coverdell Education Saving AccountTax-advantaged individual account for future educational expenses. Only available for US clients.
UTMA/UGMA AccountAccount for saving funds for children education/marriage or any other goal. Only available for US clients as well.
Trust AccountAccount is held by a Trustee (separate legal entity) that manages your account. For instance, someone you know manages your account

There are even more types of accounts custom-tailored for other kinds of clients and for other uses. As you can see, Sogo Trade gives you plenty of options to choose from when it comes to accounts. So whether you’re planning on saving for your retirement or for your children’s future educational expenses, you’ll find one well suited to your needs.

Here’s a breakdown of our 10 scoring categories, each scored out of 10 for a total of 100 points.

#1 Fees

Trading Fees

These are often associated with activities related to trading. Trading fees include commissions and spreads associated with trading different asset classes. Let’s discover the trading fees associated with the broker to see the kind of value provided for different types of users.

Financing Rates For Stocks & Futures

A financing rate is applied when you borrow money to trade stocks and futures. The financing rate is basically a borrowing fee that you need to pay for using the funds. The financing rate is 9.8% for trading with Sogo Trade. Just to put it in context, the financing rate for Tradestation is 9.5% and the rate is 2.6% for Interactive Brokers. Hence, we can conclude that the financing rates are a bit expensive compared to similar brokers.

Deposit & Withdrawal Fees

There are no deposit fees for trading with your Sogo Trade account. However, there is a $25 withdrawal fee associated with your withdrawals if you are using an American bank. However, if you are withdrawing money from abroad the USA, the withdrawal fees of $50, which can be a bit much for small-time traders.

Stock Commissions

Sogo Trade has a tiered commission structure that rewards you for being a regular customer.

  • The stock commission is $4.88 if you trade between 0-149 trades per quarter.
  • However, if you trade more than 150 trades per quarter, you’ll only pay $2.88.

The broker offers some really good value here but only if you trade in bulk.

Non Trading Fees

These fees are related to activities that are not directly linked with trading. Such as deposit fee, withdrawal fee, inactivity fee and membership fee. These can be quite annoying at times for users hence, the lesser these are the better it is for users and the more value a broker offers.

Inactivity Fees

The inactivity fees are applicable after a year of inactivity of your account and only if you have a balance below $100, otherwise you do not have to pay any inactivity fee even if your account has been inactive for more than 12 months.

How We Rank Fees

At Yore Oyster, we rank fees based on both trading and non-trading fees. Non Trading fees consist of deposit, withdrawal and inactivity fees. The commissions and spreads associated with each asset type are also built in the score to determine the overall value.

Final Verdict Fees

The inactivity fees, coupled with the withdrawal fees and expensive financing rates mean that Sogo Trade loses several points in this category.

SogoTrade Fees Score: 6/10

#2 Signup Process

The signup process for Sogo Trade is very easy and you can instantaneously signup for an account in 5 minutes. You need to upload documents such as proof of identification like a document containing your social security number and passport.

Documents For Opening An International Account

If you are not a US Citizen and looking to open an account with Sogo Trade, you need to open an International Trading Account. To do this, you should have the following documents on hand:

  1. A valid government-issued national ID or passport
  2. A working computer or smartphone with a camera to take your picture once you have submitted the required documents.
  3. Proof of home address dated within 3 months like driver’s license, bank statement, utility bill, rental contract/lease

The process to signup with Sogo Trade is quite easy and offers some great value for the investors. For instance, you can easily open an account within a few minutes worth of information. However, the verification of your account may take up to one day.

How We Rank The Signup Procedue

We ranked the signup procedure based on how quick and easy it is to open an account and we base our score on the following criteria:

  • The speed with which the documents can be uploaded
  • Number of documents required
  • The time the verification process takes

The easier an account opening process is without unnecessary checks the higher the score is for this dimension.

Final Verdict Signup Process

The verification process of your account can take up to a day or more meaning that the broker scores a decent 9 according to our scoring guidelines.

SogoTrade Signup Process Score: 9/10

#3 Sogo Trade Minimum Initial Deposit

There is no minimum initial deposit requirement to open your Sogo Trade account, meaning that you can start small and test out the platform before becoming a regular and investing more funds. If you want to have a look at other brokers that do not have a minimum initial deposit requirement you can also have a look at Webull, IronFX & Qtrade as these brokers have no minimum initial deposit requirements either but offer other benefits Sogo Trade does not.

How We Rank Minimum Initial Deposit

The formula here is simple, the lower the minimum initial deposit the higher the score. We at Yore Oyster believe that everyone should be able to try out a broker without having to deposit thousands of dollars to get the opportunity to do so.

The Scoring Threshold For Minimum Initial Deposit

If a broker has a requirement for upto $100, the score here is a perfect 10, as most people can afford to invest. However, if a broker charges upto $500, it still scores a healthy 8 because most of our readers believe they can invest $500 to try out a broker’s services. However, as the minimum initial deposit requirements rise above $500 most of our readers feel a bit hesitant to try out a broker due to which the score decreases.

Final Verdict On SogoTrade Minimum Initial Deposit

The score for this category is a perfect 10 because you can start with the initial deposit that suits your needs the best.

SogoTrade Minimum Initial Deposit Score: 10/10

#4 Sogo Trade Ease of Use

Sogo Trade offers its platform via Mobile, Web & Desktop platforms, let’s try and decouple the strengths of each platform to see which platform suits your needs the best.

Sogo Trade Mobile Platform

The mobile platform is very useful for Sogo Trade because it allows you to have a lot of fruitful usability features such as setting pricing alerts for any changes in the value of your assets. Moreover, the platform is also pretty intuitive and easy to use.

Sogo Trade

Sogo Trade Desktop & Web Platforms

The desktop platform has a few issues because the platform lacks an intuitive interface. For instance, you need to go into charting features and click on an asset symbol that you want to be displayed, this can be a bit bothersome, especially for beginners.

The Web platform is more intuitive than the desktop platform. However, it is not customizable. As you can see in the sample below, the dashboard is pretty self-explanatory and you can easily see your assets and the price trend associated with your assets.

Sogo Trade

Sogo Trade Research Tools

Let’s examine the research tools to see how you can benefit from them.

Sogo Trade Charting Tools

The charting tools offered by Sogo Trade are slightly simple but give you a basic idea of trends and variations associated with your assets. However, with so much technological progress nowadays, Sogo should probably upgrade their graphics to ensure that their charts do not look like something from a 90’s Sega Game.

Sogo Trade

Sogo Trade Fundamental Data

The fundamental data offers you detailed trends of various key performance indicators such as earnings per share (EPS) over a period of 4 years. This is a good feature because you have the option to look at complete historic trends of your assets to make detailed decisions.

Newsfeed Feature

The broker has a good newsfeed feature. You can have a look at all the latest news that is likely to effct the prices of your assets. something that can help you make timely and wise decisions.

Trading Ideas

These can help you by giving you suggestions based on the market environment and market trends. While such features are always useful we strongly recommend that you do your own research aswell before making any such decisions.

How We Rank Ease Of Use

Ease of use comprises of the overall user experience provided by a platform. We rank this dimension according to the following criteria:

  • Intuitive Interface Across All Platforms
  • Customizability Options Available To You
  • Advanced Research Tools For Analysis

Having an intuitive interface was ranked as the number one factor by most of our users in considering a broker with a good interface. The options available for customizing dashboards and statistical analysis were also very important factors according to our audience.

Final Verdict Sogo Trase Ease Of Use

The outdated interface coupled with the limited useability of the different platforms means that the broker scores a 5 rather than a higher score because there are several brokers like Capital.com that offer much more powerful tools with a user-friendly interface.

SogoTrade Ease of Use Score: 5/10

#5 Sogo Trade Deposit & Withdrawal Options

The only way that you can deposit and withdraw your funds is through ACH deposits & wire transfers. This is really difficult for users who are used to trading with debit cards or online wallets like Skrill & Paypal, in particular for non-US citizens. This is a major downfall of Sogo Trade, especially considering that international traders can choose from a wide list of brokers like easyMarkets and many others that offer plenty of withdrawal and deposit options across credit/debit cards, online banks, e-Wallets and even cryptocurrencies, which is why Sogo Trade scores poorly in this category.

How We Rank Minimum Initial Deposit

The formula here is simple, the lower the minimum initial deposit the higher the score. We at Yore Oyster believe that everyone should be able to try out a broker without having to deposit thousands of dollars to get the opportunity to do so.

The Scoring Threshold For Minimum Initial Deposit

If a broker has a requirement for upto $100, the score here is a perfect 10, as most people can afford to invest. However, if a broker charges upto $500, it still scores a healthy 8 because most of our readers believe they can invest $500 to try out a broker’s services. However, as the minimum initial deposit requirements rise above $500 most of our readers feel a bit hesitant to try out a broker due to which the score decreases.

Final Verdict Deposit and Withdrawal Options

The lack of options like e-wallets, credit and debit cards means that the score in this dimension is a paltry 3. Often having multiple deposit and withdrawal options helps users in depositing or withdrawing funds in the manner that they like or see fit.

SogoTrade Deposit & Withdrawal Options Score: 3/10

#6 Sogo Trade Customer Support

Customer support at Sogo is decent and provides some decent value for users. Having good customer service is essential for users in case of emergencies and it is a data point that you should be very critical of when considering to join a broker. The modes offered as customer support include by Sogo include:

Pros Cons
Quick Live chatMay not get relevant answers via live chat
Detailed & Quick Response via PhoneService only available between 7 am-8 pm EST from Monday-Friday rather than 24/7
Detailed Response On EmailSlow Email Response

The broker has a good live chat that responds quickly. Moreover, phone and email support are good aswell. However, customer service is only available 60 hours a week, whereas many brokers have a 24/7 service across platforms to ensure that customers are always taken well care of and they do not have to wait for help when they most need it. The email response can also be a bit slow at times which can be a bit of an issue at times in times of emergency.

How We Rank Customer Support

Customer support plays an important role in getting much needed help. Our criteria takes into account the 3 most pivotal factors considered by our viewers which include:

  • Availabiltiy of Support via Live Chat, Phone & Email
  • Speed & Quality of Response Across Platforms
  • Availability of Customised Support Such as a Dedicated Account Mnager

The customer support dimension is a really important dimension for most of our readers. Hence, we not only take into account all the platforms that are used to provide support but the quality of the support provided and the consumer feedback.

Final Verdict Sogo Trade Customer Support

The response via live chat and telephone is prompt and quick however, the email response can be a bit slow at times and considering that there are a lot of brokers with some really quick email response means that the broker loses a few points here. However, you should also consider Capital.com. if you want a broker with really good customer service.

SogoTrade Customer Support Score: 7/10

#7 Sogo Trade Asset Classes

Sogo trade does not have a very long list of asset classes like some of the other brokers like Capital.com. the only assets offered by the broker include

  • Stocks
  • ETFs
  • Futures
  • Crypto

Sogo Trade offers plenty of options for stocks, ETFs, Futures & a few important options for crypto like Bitcoin. I personally feel that the asset portfolio lacks assets such as bonds, mutual funds, stock indices & commodities. This deprives you of the chance to build truly diversified portfolios that have hedged against risk.

Sogo Trade Stocks & ETFs

The broker offers more than 50 stocks & ETFs that you can trade in. ETFs offered by the platform include companies specifically picked by the platform in each ETF. Moreover, the broker offers stocks of all the big names in the book such as:

  • Alphabet
  • Amazon
  • Ali Baba
  • Apple
  • Boeing
  • Facebook
  • Disney
  • Invesco
  • Microsoft
  • Tesla
  • Lyft
  • Spotify

You can see from the list above that you can invest in the stocks of the hottest tech companies on the planet via the Sogo Trade Invest platform. However, they could have also inculcated a wide variety of FMCG or Fast Moving Consumer Goods like Procter & Gamble or Unilever as these are always a good bet to invest in because of the stability that these businesses operate in.

Crypto

The broker offers some of the commonly traded cryptos which include:

  • Bitcoin
  • Litecoin
  • Ethereum

However, there are many other cryptos out there that the broker currently does not offer. If you are into crypto, we suggest you check out ITrader as they offer a lot of crypto options.

How We Rank Asset Classes

The criteria for ranking asset classes is pretty simple and as follows:

  • Number Of Asset Classes Offered, such as crypto, forex, stocks, ETFs and bonds.
  • Options Provided within each asset class

The more asset classes a broker provides, the more the chance to diversify your portfolio. Diversified portfolios often help in mitigating risk and long term profitability. This is the reason due to whch we give higher ranking and weightage to brokers who give you the option to hedge your risk.

Final Verdict Sogo Trade Asset Classes

The broker mainly offers stocks, ETF’s and futures. It does not offer assets like bonds, commodities and forex that are commonly traded by a lot of investors. The fact that the broker does not offer these assets means that any investor investing with Sogo Trade cannot build diversified portfolios due to which the broker loses quite a few points as per our scoring guidelines and only scores an unflattering 2 for asset classes.

If you are looking for a broker with hundreds of stocks, plenty of commodities, crypto, mutual funds and ETFs, click the link below to sign up for Capital.com and join thousands of satisfied users who have tested out the platform and given positive reviews.

SogoTrade Asset Classes Score: 3/10

#8 Referral Program

Sogo Trade has a decent referral program. You get 25 free trades once your referral signs up with the platform. This is a good feature because it can help you get accustomed to the platform before you decide to become a regular with the platform. However, you should ensure that you use your free trades within 90 days of your referral joins Sogo Trade because the referral rewards expire after that period of time.

How We Rank Referral Programs

The more rewards a broker gives the higher the score for this dimension. Rewards are a good way for encouraging beginners to start trading with friends and family making the experience enjoyable, due to which we encourage brokers to offer more and more rewards. We also take into account how difficult it is to attain these rewards.

Final Verdict Sogo Trade Referral Program

The broker offers quite a few benefits for referring friends to the Sogo Trade platform. However, it only loses a couple of points because it does not offer as many benefits as some of the other brokers in our database.

SogoTrade Referral Program Score: 8/10

#9 Demo Account & Educational Resources

Sogo Trade Demo Account

A demo account consists of a dummy account where you can trade assets with fake money and learn how to trade. Sadly, Sogo Trade does not offer a demo trading account which means that the platform is not very welcoming of newcomers.

Sogo Trade Educational Resources

The only educational resource available is in the form of articles with respect to how to trade different assets and how different types of assets are performing in the market. This can help you stay up to date with respect to potential market information that can affect your asset portfolios.

However, the educational material could include resources such as training guides on using different assets, the platform and how to act in different market situations. Moreover, training courses and instructional videos could be inculcated in the platform to make the platform more welcoming towards beginners.

How We Rank Demo Account & Educational Resources

The purpose of a demo account and educational resources is to train users to make informed decisions. Our crtiteria marks every broker on the quality of training that they provide beginners with. Our criteria is as follows.

  • The demo account should not have a time limit or a paper trading limit to get a perfect score
  • Educational Resources should include tutorials, webinars and online courses to ensure that anyone new to trading can quickly learn and trade profitably

Final Verdict Demo Account & Educational Resources

The lack of a variety of educational resources and the absence of a demo account means that the broker only scores a 2 here. Because demo accounts can help one in gaining familiarity with how to effectively use the Sogo Trade platform. The broker also misses out on offering a lot of educational resources like seminars, webinars and e-books that can help a lot in staying up to date with the latest market trends and environment.

SogoTrade Demo Account & Educational Resources Score: 2/10

#10 Sogo Trade Safety & Regulation

Sogo Trade is regulated by the esteemed Securities & Exchange Commission (SEC) from the USA moreover, it is also regulated by Securities & Investors Protection Corporation (SIPC) which gives the investors insurance for funds lost due to potential market irregularities of the broker however, do keep in mind that the SIPC does not protect against loses made with bad trades or volatile market conditions associated with your asset portfolio.

Sogo Trade has investor protection insurance from the Securities & Investors Protection Corporation (SIPC) which provides insurance of up to $500,000 in case of liquidation. However, keep in mind that the insurance does not cover poor investment decisions that may lead to losses. Sogo Trade also provides encryption that can help users a lot in keeping their information private from hackers.

How We Rank Safety & Regulation

If a broker is regulated by a tier 1 broker like the Financial Conduct Authority of UK (FCA), Securities Exchange Commission (SEC), or Australia Securities & Exchange Commission (ASIC) it scores a perfect score. However, if it is regulated from a tier-2 broker like the Cyprus Securities & Exchange it scores an 8. The score for most tier 3 brokers is a 6 and the score for no regulation is 0. Regulation is an important factor for brokers as non-regulated entities can engage in harmful practices for investors that can be detrimental for them.

Is Sogo Trade Safe?

The broker is regulated by a strong regulator, insured by the SIPC and encrypted which means that the broker scores a perfect 10 as per our scoring guidelines.

SogoTrade Safety & Regulation Score: 10/10

FAQ’s

How Does The Broker Make Money?

The Broker makes money by charging spreads and commissions.

Is The Broker Legit?

Yes, the broker is regulated which means that it is answerable for its business practices.

Does The Broker Allow Bank Transfers?

Yes, the broker allows you to transfer funds through bank transfer.

Does Sogo Trade Have Deposit Fees?

No, Sogo Trade has no deposit fees

Does Sogo Trade Have Withdrawal Fees?

Yes, Sogo Trade has a $25 withdrawal fees

Can you deposit funds via Paypal or credit/debit cards on Sogo Trade?

No, Sogo Trade currently does not allow you to deposit via e-wallets like Paypal, Skrill or credit and debit cards

While researching 100+ of the world’s top brokers, we’ve noticed what works and what doesn’t from the customer’s point of view. That’s why our final test for any broker is to compare it to Capital.com, which scores 91/100 points across the 10 categories mentioned in this review.

SogoTrade vs. Capital.com

There are quite a few dimensions where Sogo Trade can learn from Capital.com to improve their service for their customers.

Better Interface & Usability

Capital.com has a really good interface across its web, desktop & mobile platforms. The charting tools and statistical tools have much more detail and clarity than other brokers like Sogo Trade. The interface is also intuitive across platforms something that Sogo lacks especially in its desktop application.

Customer Support

Capital.com has one of the most proactive customer support services in the industry. It gives you a dedicated account manager who keeps a record of your transactions, so you do not get lost in a customer support cycle. As you may know, often availing customer service can be a problem because lots of brokers are slow in providing customer service and you have to explain your problem to different representatives every time to solve it. Capital.com also has a very quick mechanism for providing customer support across the live chat, phone and email platforms. For instance, email response can take as little as 20 minutes. The live chat and phone response usually takes a couple of minutes which is acctually quite quick as often some brokers can take a lot of time to do so.

More Asset Types

Capital.com also offers bonds, stock indices, forex and crypto giving you a complete range of assets that you can trade-in, something that Sogo Trade lacks and does not provide.

Comprehensive Educational Resources

Capital.com has really good educational resources to turn any trader into a trading ninja. Some of the resources offered are as below:

  • Educational videos on trading different assets
  • Webinars
  • Educational articles
  • Tutorial videos on using the platform

The resources offered to teach you everything from learning how the platform works to educational videos and webinars. Capital.com also offers asset trading training guides.

Training Guides

  • Trading psychology guides
  • Shares trading guides
  • Forex trading guides
  • CFD training guides
  • Commodities training guides
  • Indices trading guides

Capital.com has you covered if you are a novice trader. They offer you 5 courses that are aimed at training beginners and refreshing the knowledge of experienced traders.

Capital.com Online Courses

  • Financial instruments
  • Derivatives and risks of trading
  • What are leverage and margin
  • Introduction to financial markets
  • ABC of derivatives

The online courses are designed for beginners but anyone can benefit from them in learning the basics and good practices and knowledge of the industry.

So what are you waiting for signup today for the best broker in town

Related: If you want to learn more about this broker, you can read this excellent review of Capital.com.

Sogo Trade In Summary

Sogo Trade has all the basic features required for traders who trade in bulk and are experienced traders. The platform offers all the functionalities such as charting tools & fundamental data to ensure that you can effectively manage a portfolio. The platform also has some good deals for low stock commissions in case you are a regular trader. This combined with the fact that the broker does not have any minimum initial deposit fees and has a good referral program means that you should definitely signup and give it a go.

However, if you’re a beginner trader or even an experienced one in search of a better broker, we strongly recommend you try Capital.com. The wealth of knowledge that the platform provides it really is an institution in itself for teaching you how to trade. Moreover, with some of the most affordable fee structures and diverse portfolios, Capital.com promises to be a really good platform to fulfill your needs and requirements.

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