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

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

  1. I'm with Scottrade now.

    I take it people are happy with order execution and the fees (or lack thereof) of Sogo?

    Thanks.
     
    #71     Feb 6, 2007
  2. $1.00 a trade for the 1st 90 days up 5,000 shares.

    $1.50 a trade on the platinum plan ($15.00) month

    I average about 60 trades per month. So my monthly commission cost with Sogo is about $105.00

    On their Bronze plan ($3 / trade) I would end up paying $180/ month in commission fees.
     
    #72     Feb 6, 2007
  3. I'd like to know how they route orders and their execution speeds. Thanks.
     
    #73     Feb 6, 2007
  4. Goto http://www.gndt.com/

    Sogo invest is merely a retail shell for their Laser platform.

    I track a realtime feed (Time and sales) and no sooner do I hit the submit button in my browser do I see my order show through on T&S (usually 2 seconds)

    I'm sure if you ask them, they will tell you. They dont seem to be the "secretive" bunch.

    Dustin over there is a great guy.
     
    #74     Feb 6, 2007