BrokerCue

Broker Comparison

Pepperstone vs SogoTrade

Compare Pepperstone and SogoTrade side by side: fees, regulation, platforms.

Pepperstone

Pepperstone

Active CFD and forex traders

Pepperstone is a CFD and forex broker with Standard and Razor accounts, 0 โ‚ฌ minimum deposit, and platforms inโ€ฆ

VS
SogoTrade

SogoTrade

Active self-directed stock and options traders

SogoTrade is an online broker for stocks, ETFs, options and crypto, with qualified limit-order rebates and weโ€ฆ

Head-to-head comparison

Pepperstone vs SogoTrade
Feature Pepperstone SogoTrade
Minimum deposit 0 โ‚ฌ No minimum deposit required
Stock trading fee Australian share CFDs 0.07%; German share CFDs 0.10%; UK share CFDs 0.10%; US share and ETF CFDs 0.02 USD per share โ€”
Regulators BAFIN, ASIC, CMA, CYSEC, DFSA, FCA, SCB FINRA
Best for Active CFD and forex traders Active self-directed stock and options traders
Markets & account
Stocks
ETFs
Forex
โ€”
CFDs
โ€”
Crypto
Options
โ€”
Futures
โ€”
Margin
Multi Currency
โ€”
Business Account
Demo Account
โ€”
Funds
โ€”
Ready Made Portfolios
โ€”

Pros & cons

Pepperstone

Pepperstone

Pros

  • 0 โ‚ฌ minimum deposit on Standard and Razor accounts
  • No account, inactivity or market data fees
  • Razor spreads start from 0.0 points
  • Standard forex account has no commission and spreads from 1 pip
  • Free demo accounts include unlimited virtual capital
  • Most crypto CFDs can be traded 24/7
  • API access and cTrader Automate support custom trading systems
  • Accounts support 10 base currencies

Cons

  • Razor forex commission starts at USD 2.96 per standard lot, per side
  • US share and ETF CFDs cost 0.02 USD per share
  • UK share CFDs cost 0.10% per side
  • Overnight swap costs apply to positions held across days
  • TradingView is not available for Standard CFD accounts
  • Demo accounts expire after 60 or 90 days of inactivity
  • Crypto CFDs do not give ownership of the underlying crypto asset
  • Some demo features, including cTrader Copy Trading, are restricted
SogoTrade

SogoTrade

Pros

  • $0 qualified limit orders can reduce stock and ETF trading costs
  • Qualified limit orders can earn $1.00 per 1000 shares
  • $0 options commission with a 50ยข contract fee
  • ACH transfers are available with no SogoTrade charge
  • SogoTrade Pro syncs alerts and watchlists with Web Trader
  • Copy trading lets users replicate trades in the social app
  • ACAT transfers of $10,000+ may be reimbursed up to $100

Cons

  • Market orders cost $2.88
  • Penny stocks add $0.0003/share or 0.25% principal fee
  • Crypto trades cost the greater of $1 or 1%
  • Outgoing domestic wires cost $25 and international wires cost $50
  • Regular mailed withdrawal checks cost $5
  • ACH-funded withdrawals can face a restriction of up to 60 days
  • Options level 4 or higher requires $5,000 minimum equity
  • SIPC and Apex excess insurance do not cover crypto transactions
Pepperstone

Pepperstone

Pepperstone is a CFD and forex broker with Standard and Razor accounts, 0 โ‚ฌ minimum deposit, and platforms including MT4, MT5, cTrader and TradingView.

Your capital is at risk. Other fees apply.

SogoTrade

SogoTrade

SogoTrade is an online broker for stocks, ETFs, options and crypto, with qualified limit-order rebates and web/mobile trading platforms.

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.