Sogo Invest, - New King of Brokers - $1.5 for 5000 shares

Discussion in 'Retail Brokers' started by qll, Jul 12, 2006.

  1. amm

    amm

    Thank you ,ElectricSavant
    By the way, Can customer change password in website by themselves?
     
    #31     Sep 3, 2006
  2. I have no fricken idea...but I have read some concerns about this issue (security) in other threads...was that you?

     
    #32     Sep 3, 2006
  3. I'm with Scottrade now.

    Scottrade charges 10% margin.

    What's the major drawback with Sogo?
     
    #33     Sep 3, 2006
  4. amm

    amm

    yes , change password is so important.
    If not, I will not open account.
     
    #34     Sep 3, 2006
  5. Ahh yes You can buy on margin at Sogo...this is not available with the other Folio type investmenting firms...good point...Maybe Sogo will introduce shorting soon...is there a minimum to open up a margin account with Sogo for US investors?


     
    #35     Sep 3, 2006
  6. trtrkk

    trtrkk

    Can I ask you about margin buying power here?
    If I have cash $100,000 in account, How muich is my buying power?
    Maybe buying power is 2 times of cash money in account?
     
    #36     Sep 4, 2006
  7. trtrkk

    trtrkk

    So buyingpower is $200,000 right?
     
    #37     Sep 4, 2006
  8. birdman

    birdman

    buying power should be 4 times or $400,000 but you need to be asking Sogo these questions if you want definite answers

    SogoInvest Email Addresses
    For customer support: support@sogoinvest.com
    For login information or retrieval: logininfo@sogoinvest.com
    For general information: info@sogoinvest.com
    For security issues or to report fraudulent activity: security@sogoinvest.com
     
    #38     Sep 4, 2006
  9. birdman

    birdman

    buying power should be 2 times for overnight holds and 4 times for intraday trades:)
     
    #39     Sep 4, 2006
  10. trtrkk

    trtrkk

    buying power should be 2 times for overnight holds and 4 times for intraday trades

    What do you mean the overnight holds ?
    Is it the stocks holded from yesterday?

    intraday trades means the cash money in account in today?
     
    #40     Sep 5, 2006