Updated September 29, 2026 · BrokerCue Editorial Team
quantfury vs SogoTrade
quantfury vs SogoTrade: the differences
| Compare | ||
|---|---|---|
| Markets | Stocks, ETFs, Forex, Futures, Crypto | Stocks, ETFs, Options, Crypto, Bonds, Funds |
| Regulators | Financial Conduct Authority (FCA), Securities Commission of The Bahamas, SEC and FINRA, Financial Superintendence of Colombia (SFC) | FINRA, SIPC |
| Investor protection | FSCS up to GBP 85,000 | SIPC up to USD 500,000 |
| Margin rate | 0%Lower | 9.75% |
| Platforms | Web Platform, Mobile App | SogoTrade NextGen, SogoOptions, Mobile app |
| Minimum deposit | Not confirmed | $500 |
| Account fee | $0 | Not confirmed |
| Options contract fee | Not confirmed | $0.50 |
| Maximum retail leverage | 20x trading power | Not confirmed |
| Interest on cash | 4.5% | Not confirmed |
Same on both: Stock trade fee ($0).
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Key differences
- Regulators: only quantfury offers Financial Conduct Authority (FCA), Securities Commission of The Bahamas, SEC and FINRA.
- Regulators: only SogoTrade offers FINRA, SIPC.
- quantfury is licensed in 3 more countries.
- Margin rate is lower at quantfury: 0% vs 9.75%.
- Markets: only quantfury offers Forex, Futures.
- Markets: only SogoTrade offers Options, Bonds, Funds.
- Platforms: only quantfury offers Web Platform.
- Platforms: only SogoTrade offers SogoTrade NextGen, SogoOptions.
- Support channels: only quantfury offers Help centre.
- Support channels: only SogoTrade offers Email, Chat, Phone.
Our verdict on each
quantfury
Quantfury suits traders who want commission-free dealing across stocks, ETFs, forex, futures and crypto, and who are happy to self-serve. The stock trade fee is $0 and the account fee is $0, both of which rank at the top of our data.
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 | quantfury | SogoTrade |
|---|---|---|
| Cost | 9.5Higher | 8.8 |
| Offer | 9.1Commission-free model, stock trade fee of $0 and account fee of $0 | 9.5Higher |
| Trust | 9.1 | 9.5Higher |
Feature by feature
| Markets | quantfury | SogoTrade |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| Options | No | Yes |
| Futures | Yes | No |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
| Funds | No | Yes |
How they place
| Ranking | quantfury | SogoTrade |
|---|---|---|
| Stock and ETF brokers | 68 of 490 | 72 of 490 |
| Margin trading brokers | 12 of 22 | 13 of 22 |
Every fact side by side
| Fact | quantfury | SogoTrade |
|---|---|---|
| Features | Crypto, Mobile app | Crypto, Options, Mobile appCovers more |
| Pricing model | Commission free | Commission free |
| Audience | Not confirmed | Experienced, Beginners |
| Legal entity | Quantfury Trading UK Limited | SOGOTRADE INC |
| Headquarters | Not confirmed | United States |
| Founded | 2017 | Not confirmed |
| Support channels | Help centre | Email, Chat, Phone |
Where each stands against the rest
| Fact | quantfury | SogoTrade | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | $500highest quarter | $10 |
| Stock trade fee | $0at the median | $0at the median | $0 |
| Account fee | $0at the median | Not confirmed | $0 |
| Margin rate | 0%lowest quarter | 9.75%above the median | 8.79% |
| Options contract fee | Not confirmed | $0.50below the median | $0.59 |
| Interest on cash | 4.5%highest quarter | Not confirmed | 3% |
Median across 99 listed brokers.
Pros and cons
quantfury
Pros
- Stock trade fee of $0 ranks 1 of 161 brands in our data
- Account fee of $0 ranks 1 of 138 brands on our data
- Commission-free model on commission free for stocks, ETFs, forex, futures and crypto
Cons
- Support runs on help centre only, so questions about money and positions go through articles rather than a live team
- Margin is charged at 0%, but leverage up to 20x trading power magnifies how fast a losing position can grow
- The market list in stocks, etfs and forex stops short of the CFD and metal ranges that peers such as eToro and Vantage carry
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
quantfury
Who it suits
- Traders who pay a commission per trade elsewhere and want that cost gone
- Investors who keep cash on the platform and want it to earn 4.5%
- Crypto holders who want spot, not leveraged derivatives, alongside equities
Who should look elsewhere
- Anyone who needs a human support line, since support runs on help centre
- Forex traders who need metals or CFDs, missing from stocks, etfs and forex
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 | quantfury | SogoTrade |
|---|---|---|
| United States | No | Yes |
Questions about each
quantfury
What does it cost to trade stocks on Quantfury?+
The stock trade fee is $0 and the account fee is $0, under a commission-free model. In our data the trade fee ranks 1 of 161 brands and the account fee 1 of 138. Uninvested cash earns 4.5%, so holding a balance is not a drag.
Is my money protected if Quantfury fails?+
UK clients are covered by the Financial Conduct Authority licence 577611 and sit under the FSCS, with investor protection of FSCS up to GBP 85,000. Clients in the Bahamas, the US and Colombia are covered under their own regulators instead, under SIA-F204, CRD#: 318437/SEC#: 8-70934 and Resolution 2287 of 2024.
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.