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View Full Version : Anyone know anything about Sogotrade?


kincaid
05-24-2008, 12:50 PM
I am new to online investing. I just opened an account with Sogotrade and everything seems pretty good for my purpose of mainly long-term investing with some swing trades mixed in.

I've initiated about 5 positions so far and the executions have all been very fast, with fills in about 1-2 seconds.

You get 25 free trades. Choice of $3/trade or $10/month + $1.50/trade.


I want to ask if anyone knows anything about this firm. I mainly wanted the 25 free trades, but I can't find hardly any reviews either positive or negative about them. They're registered with FINRA, SIPC. They are a subsidiary of Genesis Securities.

http://www.sogotrade.com/
http://www.gndt.com/

Anyone have any experience with them?

sparta1978
05-24-2008, 09:14 PM
I am new to online investing. I just opened an account with Sogotrade and everything seems pretty good for my purpose of mainly long-term investing with some swing trades mixed in.

I've initiated about 5 positions so far and the executions have all been very fast, with fills in about 1-2 seconds.

You get 25 free trades. Choice of $3/trade or $10/month + $1.50/trade.


I want to ask if anyone knows anything about this firm. I mainly wanted the 25 free trades, but I can't find hardly any reviews either positive or negative about them. They're registered with FINRA, SIPC. They are a subsidiary of Genesis Securities.

http://www.sogotrade.com/
http://www.gndt.com/

Anyone have any experience with them?
No, I don't.

I use zecco (http://friends.zecco.com/r/1924bfe46515102b8555), there are reviews of it. It gives 10 free trades as long as you have 2500 invested. It is insured for up to 500,000 in case it goes belly up. The community is supportive and allows members to share their positions. Plus right now they are giving away China Shakes the World by James Kynge if you're referred by a member.

The only caveat is the signup process is long, so call their customer service if you need help.

1birdman1
09-03-2008, 10:08 PM
First, I know I am way late but for others just reading too.... I have used them and it worked out just fine. I took off for a while trading due to my work load @ work and at my house but about ready to start back.

I would use them for at least the free stuff. Good prices on everything.