SogoTrade Online Trading - Customer Service (2024)

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© 2017 SogoTrade, Inc. All rights reserved. SOGOTRADE®, the SOGOTRADE® logo, and all other trademarks, whether registered or unregistered. are the property of SogoTrade, Inc. and its affiliates, SogoTrade, Inc. is a member of FINRA and SIPC.

* SogoTrade, Inc. is a member of Securities Investor Protection Corporation (SIPC), which protects securities customers of its members 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 Apex Clearing Corp has purchased an additional insurance policy. The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash. 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 $10,000 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 reimbursem*nt by completing and submitting a SogoTrade Account Transfer Reimbursem*nt Request form and provide an account statement to SogoTrade as proof of the imposed transfer fees. The Account Transfer Reimbursem*nt Request form and proof of transfer fees can be mailed or faxed to SogoTrade. Reimbursem*nts will be made to your account via a credit within 30 days of receipt of the Account Transfer Reimbursem*nt 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 reimbursem*nt 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. The 100 free trades promotion is only available to brand new customers of SogoTrade Inc. Current customers and former customers opening a new account are not eligible for this free trade promotion.

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.

By logging in and accessing your account, you consent to the Account Agreement. This agreement is effective at all times when using this site. Unauthorized access and use is prohibited.

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.

© 2017 Market data displayed under Research is provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar. SEC Filings provided by Edgar Online. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.

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.

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SogoTrade Online Trading - Customer Service (2024)

FAQs

Is SogoTrade legit? ›

SogoTrade is not a scam

Signing up with a fraudulent broker can easily result in you losing your money. The monetary loss can set back your investment plans by years. You can rest assured, SogoTrade is considered reliable as it is regulated by the top-tier SEC and FINRA in the US.

What is SogoTrade? ›

A no-frills trading platform with commission-free limit orders.

Where is SogoTrade located? ›

SogoTrade is a U.S.-based brokerage firm with executive headquarters in St. Louis, MO and a corporate office located in New York City, NY. SogoTrade's senior management executives came from online brokerage firm Scottrade, Inc., and bring forth years of financial services experience.

Can I withdraw trading money? ›

To initiate a withdrawal from your trading account, ensure an ample free balance, and proceed by placing a withdrawal request through your trading platform or by contacting your broker's customer care. Provide the necessary details, including the withdrawal amount and bank information.

How do traders withdraw money? ›

You can transfer the money to a bank account, wire it, or request a physical check. Most brokers, even the best online brokers that don't have many fees, do charge fees for wire transfers. This type of transfer is faster than a standard electronic funds transfer.

How do I withdraw money from online platform? ›

To withdraw money from an online platform, usually, you'll need to go to your account settings or wallet section. Look for an option like "withdraw" or "cash out." Click on it and follow the provided instructions. Typically, you'll need to link a bank account or payment method.

What are trading tickets? ›

A deal ticket, commonly known as a trading ticket, is a record of all the terms, conditions, and basic information of a trade agreement. The creation of a deal ticket comes after the transaction of shares, futures contracts, or other derivatives.

What is paper trading platform? ›

Paper trading is simulated trading that allows investors to practice buying and selling securities. Paper trading can test a new investment strategy before employing it in a live account. Many online brokers offer clients paper trade accounts.

What is concierge trading? ›

Concierge Trading is a Portfolio Management service. Clients that wish to use this service are assigned a Personal Trader (licensed Portfolio Manager) that manages clients' portfolios in accordance with mandates given by clients on a discretionary client-by-client basis.

Is $10 enough to start trading? ›

It is possible to begin Forex trading with as little as $10 and, in certain cases, even less. Brokers require $1,000 minimum account balance requirements. Some are available for as little as $5. Unfortunately, if your starting amount is $10, this may prevent you from getting the higher quality, regulated brokers.

Can I start trading with $100? ›

Can You Start Trading With $100? Yes, you can technically start trading with $100 but it depends on what you are trying to trade and the strategy you are employing. Depending on that, brokerages may ask for a minimum deposit in your account that could be higher than $100.

Is $500 enough to start trading? ›

Can you start day trading in the US with $500? Yes, there are many trading platforms that allow customers to begin trading with low sums.

Is trading through brokers safe? ›

While investing has become safe, low-cost, and efficient for ordinary investors, some instances of brokerage fraud still do take place to fleece unsuspecting or greedy investors. There are several ways to check and see if your broker is legit. Always do your homework beforehand.

Is forex copy trading legit? ›

Copy trading is legal in most countries, as long as the broker itself is properly regulated.

Is trading platform safe? ›

Share trading apps use encryption to protect user data. Encryption involves encoding information so that only authorized parties can access it. This means that if a cybercriminal gains unauthorized access to the data, they cannot read it without the encryption key.

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