Sogotrade or Just2Trade ?

Discussion in 'Retail Brokers' started by stef71, Feb 23, 2010.

  1. stef71

    stef71

    Hello Everyone,

    I'm an italian trader and I need some informations about a discount brokers to trade on USA stocks.

    I need a broker with a small commission because i want to buy o sell short 100/200 pieces for time.

    I selected Sogotrade and Just2trade for your slow commission.

    I have more questions about the USa's market. It's very different to italian market.

    Can you help me ?

    Excuse for my bad english.

    stefano
     
  2. SogoTrade ($3.00 commission) and Just2Trade ($2.50 commission) are not very good brokers and too expensive for 100 and 200 share trading.

    If you are an active stock trader you want to use a direct access broker.

    Lightspeed charges $0.40 per 100 shares with a $0.40 minimum.

    Interactive Brokers charges $0.50 per 100 shares with a $1.00 minimum.
     
  3. stef71

    stef71

    thank you so much for your reply

    Lightspeed commission are fantastic! also I have the possibility to open an margin accoun with a web trader tool with only 2,000$ !!
     
  4. J2trade doesn't have a short list available to clients. I'll admit, I'm a little biased due to a bad experience at J2trade.
     
  5. mike_px

    mike_px

    Hi stef71, I'm italian as well, and in a similar situation.

    I'm trying to figure out which US broker is better for us, oversea traders and how to handle taxes .

    May I contact you to ask your opinion on lightspeed or sogotrade?


    You can find me at smilingmachine@yahoo.it

    Thanks a lot.