SogoTrade Lowers Commission To $3 For New Customers

ST. LOUIS, Feb. 7, 2017 /PRNewswire/ — Starting February 1, 2017, SogoTrade began offering $3 trades for one full year to any new customers opening an account with $10,000 or more.

With TD Ameritrade about to acquire Scottrade, SogoTrade will become the lone discount online brokerage firm in St. Louis, Missouri. With the ongoing mergers and acquisitions within the online brokerage industry, SogoTrade is making waves to reel in new customers.

“In the past year and a half, SogoTrade has been evolving our brand image,” said Jonathan Yao, CEO at SogoTrade. “Our recently redesigned website – which is easy to navigate and modern in appearance – reflects who we are as a financial services company. Now, we are reducing our already low commissions rates for a limited time to encourage online investors who haven’t yet tried SogoTrade to give us a try. This promotion is quite bold for SogoTrade, but it reflects our commitment to investors and to the future of our company. We plan to be around for a very long time.”

SogoTrade is offering 100 free trades for new customers, good for 30 days from your account open date.  They are also offering $3 online trades for 12 months when customers transfer or deposit $10,000 or more into their new SogoTrade account.

“We believe in our products and services, so we’re willing to take a bit of a cut in our commissions to get online investors to give us a try,” Yao said. “SogoTrade is continually building upon our technology and our talented staff to provide the best tools for trading online and the best customer service in the industry. Give us a try and see for yourself.”

In addition to this promotion, SogoTrade wants investors to know some other reasons they believe you will want to open an account at their firm:

  • Free “Trade Ideas Power Pack” – saving you over $2,000 – featuring SogoPlay, Morning Call and ValuEngine
  • Easy online Account Transfer (ACAT), allowing you to transfer your account online from any brokerage into your new SogoTrade account with just one keystroke
  • Fast and easy online application with no paperwork and no mailing of forms required, taking just 5 minutes or less to complete

For more information about this promotion from SogoTrade, please visit https://www.sogotrade.com/landACAT.aspx?subid=591

To open an account now and take advantage of this promotional offer, click here now: https://applyus.sogotrade.com/NewAccountSetup/Step1.aspx?subid=592

ABOUT SOGOTRADE:

SogoTrade, Inc. has served investors since 1986. SogoTrade has one of the lowest commission rates in the industry, where investors can trade stocks and exchange-traded funds online for as low as $3. Although known for our innovation and deep-discounted commissions, our real value is providing the help and support our customers need to achieve their investing and trading goals. Open an account today, and you’ll soon discover how paying lower fees can help you gain more when you trade with SogoTrade. Visit SogoTrade online at www.SogoTrade.com

For more information, please contact Linda Gaal: 636-477-6751 or linda@reeleyezmedia.com.

© 2024 SogoTrade, Inc. All rights reserved.Brokerage services provided by SogoTrade, Inc., Member of FINRA.

SogoTrade is a member of SIPC, which protects securities customers of its members up to $500,000 ($250,000 for cash). For more details, please see www.sipc.org. Our clearing firm, Apex Clearing, has purchased an additional insurance policy, which provides 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. The SIPC protection and this additional insurance do not protect against a loss in the market value of securities, and do not apply to cryptocurrency transactions.

Portfolio management and advisory services are provided by MarketRiders, Inc. (doing business as SogoTrade Asset Management ("SAM")), a registered investment advisor. Brokerage services are provided by SogoTrade, Inc. SAM provides discretionary advisory services for a fee. SAM and SogoTrade, Inc. are separate entities under common ownership.

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