Updated September 29, 2026 · BrokerCue Editorial Team
Exness vs SogoTrade
Where Exness and SogoTrade differ
| Compare |  Exness |  SogoTrade |
|---|---|---|
| Minimum deposit | $10Lower | $500 |
| Markets | Stocks, Forex, CFDs, Crypto, Metals | Stocks, ETFs, Options, Crypto, Bonds, Funds |
| Regulators | FCA, CySEC, FSA Seychelles, FSCA | FINRA, SIPC |
| Investor protection | FSCS up to GBP 85,000 | SIPC up to USD 500,000 |
| Platforms | MT4, MT5, Exness Terminal, Exness Trade App | SogoTrade NextGen, SogoOptions, Mobile app |
| Inactivity fee | $0 | Not confirmed |
| Margin rate | Not confirmed | 9.75% |
| Options contract fee | Not confirmed | $0.50 |
| Deposit and withdrawal fees | no deposit or withdrawal fee | Not confirmed |
| Maximum retail leverage | 1:Unlimited | Not confirmed |
Same on both: Stock trade fee ($0).
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Key differences
- Exness scores higher overall: 9.4 vs 9.3.
- Regulators: only Exness offers FCA, CySEC, FSA Seychelles.
- Regulators: only SogoTrade offers FINRA, SIPC.
- Exness is licensed in 3 more countries.
- Minimum deposit is lower at Exness: $10 vs $500.
- Markets: only Exness offers Forex, CFDs, Metals.
- Markets: only SogoTrade offers ETFs, Options, Bonds.
- Platforms: only Exness offers MT4, MT5, Exness Terminal.
- Platforms: only SogoTrade offers SogoTrade NextGen, SogoOptions, Mobile app.
- Pricing model: only Exness offers Low fees.
Our verdict on each
Exness
Exness suits beginners and day traders who want to place stock trades without a dealing charge, with a stock trade fee of $0 and an inactivity fee of $0. Regulators listed are the FCA, CySEC, the FSA Seychelles and the FSCA, with FSCS up to GBP 85,000 stated for UK clients.
SogoTrade
SogoTrade is a US broker for experienced traders who want share dealing without commission, plus options, crypto and margin in one account. Its catch is the entry cost: a minimum deposit of $500 and an options contract fee of $0.50 for anyone trading contracts.
Score breakdown
| Area | Exness | SogoTrade |
|---|---|---|
| Cost | 9.3Higher | 8.8 |
| Offer | 9.6Higher | 9.5 |
| Trust | 9.5 | 9.5 |
Where each is licensed and available
| Country | Exness | SogoTrade |
|---|---|---|
| Cyprus | Not confirmed | |
| Seychelles | Not confirmed | |
| South Africa | FSCA 51024 | Not confirmed |
| United Kingdom | Not confirmed | |
| United States | Not confirmed | SIPC SIPC member 35930 |
Feature by feature
| Markets | Exness | SogoTrade |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | No | Yes |
| Forex | Yes | No |
| CFDs | Yes | No |
| Options | No | Yes |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
| Funds | No | Yes |
| Metals | Yes | No |
How they place
| Ranking | Exness | SogoTrade |
|---|---|---|
| Stock and ETF brokers | 54 of 471 | 81 of 471 |
| Brokers for beginners | 18 of 88 | 27 of 88 |
Every fact side by side
| Fact | Exness | SogoTrade |
|---|---|---|
| Features | Not confirmed | Crypto, Options, Mobile app |
| Pricing model | Commission free, Low feesCovers more | Commission free |
| Audience | Beginners, Day traders | Experienced, Beginners |
| Legal entity | Exness (SC) Ltd | SOGOTRADE INC |
| Headquarters | Cyprus | United States |
| Founded | 2008 | Not confirmed |
| Support channels | Not confirmed | Email, Chat, Phone |
Where each stands against the rest
| Fact | Exness | SogoTrade | Median |
|---|---|---|---|
| Minimum deposit | $10below the median | $500highest quarter | $25 |
| Stock trade fee | $0at the median | $0at the median | $0 |
| Inactivity fee | $0at the median | Not confirmed | $0 |
| Margin rate | Not confirmed | 9.75%above the median | 8.75% |
| Options contract fee | Not confirmed | $0.50below the median | $0.625 |
Median across 136 listed brokers.
Pros and cons
Exness
Pros
- A $0 stock trade fee, with the pricing model read as commission-free and low-fee.
- An inactivity fee of $0, so a dormant balance is not billed.
- Deposits and withdrawals carry no charge, so moving money costs nothing.
Cons
- Retail leverage is listed at 1:Unlimited, and 70.15% of retail accounts on this site lose money.
- Regulators listed include the FSA Seychelles and the FSCA alongside the FCA and CySEC, so the entity behind an account can differ by market.
- The market list, stocks, forex and cfds, stops short of ETFs and futures, so share investors wanting those should look elsewhere.
SogoTrade
Pros
- Share dealing is commission-free, with the model listed as commission free.
- A single account spans stocks, etfs and options.
- Registration with FINRA and SIPC and investor protection of SIPC up to USD 500,000.
Cons
- A minimum deposit of $500 places it at position 178 of 213 on the site.
- Options trading carries a contract fee of $0.50, so frequent contract traders pay a running cost on top of share dealing.
- Margin is priced at 9.75%, so borrowed positions cost more than cash ones.
Who each suits
Exness
Who it suits
- Beginners and day traders, the audiences the brand names.
- Traders who want a $0 stock trade fee and an inactivity fee of $0 on the same account.
- Desktop and mobile users who want to trade across MT4, MT5 and Exness Terminal.
Who should look elsewhere
- CFI, where the minimum deposit is $0.
- Vantage, with a minimum deposit of $5.
- eToro, which also covers ETFs and futures beyond the markets listed here.
SogoTrade
Who it suits
- Traders comfortable with options and margin, since crypto, options and mobile app sits alongside core share dealing.
- US accounts, since the firm is based in the United States.
- People who want one login across SogoTrade NextGen, SogoOptions and mobile app.
Who should look elsewhere
- CFI if a free minimum deposit matters, because CFI asks for $0 against $500 here.
- Vantage if you want to start small, with a minimum deposit of $5.
- eToro if you trade forex and CFDs, since stocks, etfs and forex lists markets outside the SogoTrade range.
Country by country
| Country | Exness | SogoTrade |
|---|---|---|
| United States | No | Yes |
Questions about each
Exness
What does Exness charge to buy a stock?+
Share dealing runs at a stock trade fee of $0, and the pricing model is listed as commission-free and low-fee. On this site's stock trade fee ranking Exness sits at 1 of 161, so the per-trade cost sits at the cheap end of the brands compared. Deposits and withdrawals carry no charge either.
Does Exness charge an inactivity fee?+
The inactivity fee is $0, so a dormant account is not billed for sitting still. Exness ranks 1 of 56 on this measure, at the top of the table of brands compared. Some rivals charge for unused accounts, so this saves money for anyone who opens an account and leaves it quiet for a while.
SogoTrade
What does SogoTrade charge to trade shares?+
Stock trades are priced at $0 under a commission free model, so share dealing carries no commission. You still need a minimum deposit of $500 before orders can be placed. Charges beyond that sit on options, at $0.50 per contract, and on margin, at 9.75%.
How much is the minimum deposit?+
Opening the account takes a minimum deposit of $500, which is far from a casual entry and places SogoTrade at position 178 of 213 on the site. Traders wanting a lighter start can compare $0 at CFI and $5 at Vantage.
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