SogoTrade vs Stake - BrokerCue
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Broker Comparison

SogoTrade vs Stake

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

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

VS
Stake

Stake

Australian investors in US and ASX stocks

Stake is an Australian investing platform offering access to 12,000+ US and ASX-listed stocks and ETFs at A$3โ€ฆ

Head-to-head comparison

SogoTrade vs Stake
Feature SogoTrade Stake
Minimum deposit No minimum deposit required -
Stock trading fee - A$3 or US$3 per trade; 0.01% for orders above A$/US$30,000
Regulators FINRA ASIC, SEC, FINRA
Best for Active self-directed stock and options traders Australian investors in US and ASX stocks
Markets & account
Stocks
ETFs
Crypto
-
Options
-
Funds
-
Margin
-
Ready Made Portfolios
-
Business Account
-
Fractional Shares
-
Multi Currency
-

Pros & cons

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
Stake

Stake

Pros

  • Flat A$3 or US$3 brokerage on trades up to A$/US$30,000
  • CHESS-sponsored ASX trading with individual HIN
  • Fractional shares available for US stocks from US$10
  • Access to 12,000+ US and ASX-listed equities
  • Extended pre-market and after-hours US trading
  • No inactivity fee and no account management fee
  • iOS and Android mobile apps

Cons

  • Limited to US and Australian markets only - no European, Asian or other exchanges
  • 55 basis-point FX conversion fee on USD deposits
  • No fractional shares for ASX stocks
  • No CFDs, options, futures, margin trading or crypto
  • No demo account
  • Stake Black subscription required for analyst ratings, market depth and advanced data
  • Customer support limited to email and phone - no live chat
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.

Stake

Stake

Stake is an Australian investing platform offering access to 12,000+ US and ASX-listed stocks and ETFs at A$3 or US$3 per trade.

Your capital is at risk. Other fees apply.

Not the right match?

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