Author: Linda Gaal

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.”

Continue reading “SogoTrade Lowers Commission To $3 For New Customers”

SOGOTRADE, INC. unveils redesigned website

St. Louis, MO, June 22, 2016 – SogoTrade, Inc. announced today the launch of a redesigned version of its website, www.SogoTrade.com. Key features of this new site include a modern look and feel with incorporated parallax, a responsive, mobile-friendly design, the ability to login to online trading from any page of the website within the secure header, and a variety of header and footer links for an engaging experience.

“SogoTrade is in the process of updating our brand image,” said Jonathan Yao, CEO at SogoTrade. “We’re proud of our products and services and thankful for our loyal customer base. We want our customers to feel proud of SogoTrade, too. This updated image if forward-thinking and reflects our vision for the future. The newly designed SogoTrade.com sets us apart from our competition, and we are excited to reintroduce ourselves to current and prospective customers.” Continue reading “SOGOTRADE, INC. unveils redesigned website”

SOGOTRADE RANKS “BEST IN CLASS” FOR PRICE BY STOCKBROKERS.COM

StockBrokers.com also awards SogoTrade 4 stars for excellent customer service

St. Louis, MO, May 24, 2016 – SogoTrade recently received a ranking of “Best in Class” among the top online stock brokers for pricing, and received a remarkable 4 stars for quality customer service in the 2016 Online Broker Review by StockBrokers.com.

“SogoTrade is honored to be named among the best brokers for pricing and customer service,” said Jonathan Yao, CEO at SogoTrade. “We’re proud of our low pricing and quality customer service, and we’re constantly working to improve all of our products and services. Our motto is ‘Pay Less. Expect More.’ We believe that all customers should expect more from their broker. Continue reading “SOGOTRADE RANKS “BEST IN CLASS” FOR PRICE BY STOCKBROKERS.COM”

SogoTrade, Inc. Acquires MarketRiders, Inc.

12/21/15 12:00 pm EDT

St. Louis, MO, December 21, 2015 – MarketRiders, Inc. was acquired by leading discount stock brokerage Sogotrade, Inc to offer asset management services for individuals and institutional investors. MarketRiders was the very first major player in the online robo-advisory business, offering sophisticated yet easy-to-use portfolio and asset allocation tools to its self-directed customers.

© 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.

Before investing carefully consider the underlying objectives, risks, charges, and expenses of the investment product. All investments involve risk, including loss of principal. Past performance does not guarantee future results. There is no assurance that the investment process will consistently lead to successful investing. Asset allocation and diversification do not eliminate the risk of experiencing investment losses. ETFs can entail risks similar to direct stock ownership, including market, sector, or industry risks. Some ETFs may involve international risk, currency risk, commodity risk, and interest rate risk. Trading prices may not reflect the net asset value of the underlying securities. Risks applicable to any portfolio are those associated with its underlying securities. For more information, please see the SAM Disclosure Brochure (Form ADV Part 2A).

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 spread, as they involve multiple commission charges. 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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