sogotrade Review: How It Compares | for 2026
This sogotrade review has been updated for 2026 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about sogotrade to give you the most comprehensive guide available.
sogotrade is a reputable broker that was founded in 2016. They have around 260 staff that help the company provide Financial Markets Access, to 1,000,000+ clients through MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
sogotrade Guide – Read our In-Depth sogotrade Review
sogotrade Rating: 4.95 / 10
This sogotrade review page contains information about investing with sogotrade. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of sogotrade does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This sogotrade review contains the most recent info surrounding sogotrade.
If you're a new entrant in the realm of trading online and brokers, so many facts will no doubt be confusing for you. Getting into the world of trading online requires expert assessing skills and thorough knowledge. You'll get proficient at all of the concepts of trading online and brokers while you continue trading. For starters, you need to choose the ideal online broker who'll consistently be clear with you.
In this fast-paced world of stock markets and online trading, you will need advice to make correct decisions. A professionally lead investment online broker could help you in minimising any losses and maximising any profits. sogotrade is one such stage which will help you. It is important to understand about any broker until you trust them with your cash.
When engaging in online trading with platforms such as sogotrade, it's crucial to meticulously examine sogotrade as your broker, as this choice can determine your success. Selecting the right broker is vital for your sogotrade investments to flourish. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and comprehensive in your sogotrade broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness of sogotrade, its track record, and reputation is vital. Moreover, ensure the sogotrade broker's offerings, trading tools, fees, and regulation align with your preferences.
Remember, sogotrade should be a reliable companion on your trading journey.
Our team has strived to simplify the intricate world of trading with sogotrade into easily understandable information in this sogotrade review. Our goal is to equip you with the knowledge necessary to confidently use sogotrade trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with sogotrade are the cornerstone of successful trading. As such, we've provided this in-depth sogotrade review. So, settle in, grab a cup of coffee, and immerse yourself in learning about sogotrade and how it can benefit you, or if sogotrade might not be the right fit for you.
sogotrade Guide for 2026 – Brief Summary
| sogotrade Telephone: | |
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| Year Founded: | 2016 |
| Regulated By: | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307 |
| Hedquarters: | USA |
| Minimum Deposit: | $250 |
| Number Of Clients: | 1,000,000+ sogotrade users and traders |
| sogotrade LinkedIn: | |
| sogotrade Facebook: | |
| sogotrade Facebook Likes: | 0 |
| sogotrade Twitter: | @ |
| sogotrade Twitter Followers: | 0 |
| sogotrade Instagram: | |
| sogotrade Instagram Followers: | 0 |
| sogotrade Youtube: | |
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Your capital is at risk |
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Our full sogotrade review for beginners covers everything you will need to learn about trading via sogotrade. A good agent can take your first investments and help to protect it from losses but also provide you a platform that can help to provide you favourable profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment goals.
Of course, there's absolutely no sure-fire method to guarantee profits; thus, you should carefully analyze your agent before you select them. It is a common misconception that all brokers are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
sogotrade is a trading partner which has paved its way successfully to the broker world. In this review, we have attempted to collate a number of the important aspects of sogotrade. This guide can help you to learn whether sogotrade is a good match for your investments or not. We have tried to breakdown all of the features and fees for your advantage.
Who are sogotrade?
sogotrade is a online trading broker headquartered in USA and provides a range of tools for online trading. Since its inception in 2016 they have emerged as a leading player in the field of online trading. sogotrade has an extremely reputable and full-featured trading website that's focused on forex, indices, metals, stocks , commodities.
Over the past 10 years, sogotrade has become one of the best online brokers available to the public.
After being founded in 2016, their client base has become as large as 1,000,000+ clients.
sogotrade is a favourite for many traders because of its negative balance protection. Our sogotrade account review found that they are a superb solution for online trading solutions. They're best suited for investors that are looking for a variety of assets. Social and easy to use trading options are the core at sogotrade.
Technology plays a significant role at sogotrade. They features trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. sogotrade is fair, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307. Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also supply in-house research.
The educational section at sogotrade is quite insightful for new traders since it allows them to get a closer look at the financial markets. sogotrade caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to trading.
Benefits of online trading with sogotrade in 2026
Trading with sogotrade includes numerous benefits. These advantages are what sets sogotrade ahead of the rest of the online agents. You should check all of the benefits listed so that you have a better comprehension of sogotrade.
The broker goes to great lengths to understand what dealers want. Consequently, the support, fast, and convenient. The agent also gives a number of platforms for all types of traders. sogotrade ensures that the individual needs of all online traders are met to the best of their capabilities.
sogotrade also features excellent trading conditions that are available to all and not only an elite class of institutional customers. The tight spreads and fast executions are a fantastic benefit for all traders. The technology embraced by sogotrade is among the highest caliber, making sure that it's fast, dependable, and effective.
sogotrade admits the significance of having a fast order execution. A fast execution enables users to trade without fretting about slippage safely. It will also help the traders to catch any opportunities.
sogotrade has over 190 trading instruments to support all kinds of traders. These tools are lively and suitable for both new and seasoned traders. All dealers can set aside all their concerns when trading with sogotrade.
sogotrade Overview
Year Founded: 2016
Regulated By: Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307
Hedquarters: USA
Minimum Deposit: $250
Number Of Clients: 1,000,000+
Your capital is at risk
If you feel that sogotrade is not right for you then at the bottom of this sogotrade review you will find a lot of alternatives to sogotrade.
Everything you should know about trading with sogotrade
sogotrade is a lively platform that offers various procedures of online trading. These instruments cover the monetary markets substantially. Most of the broker platforms provide less methods than sogotrade
If you wish to exchange with sogotrade, you will require a minimum deposit of $250. This deposit is mandatory if you want to begin trading with sogotrade. This 2026 sogotrade review will direct you clearly about trading with them.
sogotrade is as flexible as any other brokerage platform. sogotrade is great for traders that want a manageable variety of low-cost services. The programs offered by sogotrade are third party, white-label offerings. All traders can select out of MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Together with everything, sogotrade has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a transaction has to be kept open. The agents offer premium client service that rewards clients with advantages.
Many unethical brokers try to pressurise users into bigger financing for superior services. sogotrade, though, is much more focused on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the greater benefits will become available.
sogotrade accounts are available all over the world and provides outstanding service everywhere they have customers. There are some select few countries where sogotrade accounts are not available. Traders in the following countries cannot open or use a sogotrade account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is sogotrade Safe To Trade With In 2026?
Launched in 2016, sogotrade has been in operation for 10 years, they are headquarted in USA
sogotrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307. These bodies have rules that ensure that trading platforms have ploicies in place to keep investor's resources procured. This means that sogotrade users don't need to worry about their money as it's segregated and safely stored in banks that are established. SSL encryption simplifies each user's personal information as well.
You can make use of a choice for 2 Factor Authentications (2FA) with sogotrade for heightened security. An SMS with the confirmation code will be sent to a phone. You will be required to enter this code to log in to your account.
Another concern with online brokers with regards to security might be manipulation of trading. This is highly disadvantageous to users on these platforms. However, this is more prevalent in the case of Market Maker agents who compete with users on the platform.
sogotrade Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With sogotrade
Every online trading platform will have a few pros and cons sogotrade review would be complete without showing both sides. This sogotrade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
sogotrade Pro's
sogotrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307.
sogotrade offers customer support over the phone.
sogotrade provides customer support over email.
sogotrade gives access to customer support over livechat.
sogotrade offers negative balance protection.
You can trade Cryptocurrencies with sogotrade.
sogotrade has over 100 employees.
sogotrade allows scalping.
sogotrade allows hedging.
sogotrade allows commodity trading.
You can trade metals with sogotrade.
You can trade energies with sogotrade.
sogotrade Con's
sogotrade is not highly rated by us. sogotrade hasn't won any awards. sogotrade doesn't offer guaranteed stop loss. sogotrade has a high minimum deposit requirement. sogotrade charges withdrawal fees. sogotrade charges inactivity fees. sogotrade doesn't offer social trading. sogotrade doesn't offer copy trading.Compare Brokers Similar To sogotrade
Regulation And Licencing In More Detail
sogotrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307.
sogotrade, as a company, has a strong set of rules for ensuring fair trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, customer information is to not be shared with some other institutions or individuals. Including credit history and other financial information.
sogotrade Awards
At the time of writing this sogotrade review, and despite sogotrade’s impressive offering, the company has surprisingly not garnered any awards to date.sogotrade Trading Platforms
sogotrade are a trustworthy brokerage that has been trading for over 10 years. They offer a wide range of options in their customer accounts.
Below we take the main parts of any great online trading platform and compare sogotrade against Startrader, and freetrade.
sogotrade MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with sogotrade in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. sogotrade MetaTrader 4 is compatible with the latest macOS. sogotrade allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and sogotrade
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With sogotrade MetaTrader 4 On iOS Devices
You can download the sogotrade app or also trade with sogotrade through the MetaTrader 4 application on the Apple app store.
Download the sogotrade MetaTrader 4 Program free of charge from Apple's App Store. sogotrade customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With sogotrade MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. sogotrade provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 1,000,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android sogotrade MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you must deposit to begin on sogotrade is $250. This is a decent amount for people just beginning. You can create more complex deposits as you go along. However, ensure that you know how to make the most of your money before investing larger amounts.
Commission And Fees Explained
sogotrade is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the amount of clients they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you are paying a spread, funding speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are those who are charged when you hold a leveraged position for longer than daily.
Apart from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They are charged for services like depositing money, not trading for long periods, or withdrawals.
Generally, sogotrade doesn't charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, such as weekly or daily trading.
But, non-trading fees charged by sogotrade are relatively lower. As a result, you're billed more for non-trading activities on your trading account, like deposits and withdrawal. These are not about the sale and purchase of resources.
This sogotrade review breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees Of sogotrade
sogotrade Withdrawal Fees Explained
sogotrade charges a withdrawal fee if you make a bank transfer. Each time you move money back into your bank accounts, these withdrawal charges become applicable.
Withdrawal of cash is possible at any time from the sogotrade account. It's possible to withdraw up sums to the sum of your account balance, keeping aside the perimeter used. 1 thing to remember is that you don't necessarily need to have any money on your account.
Moreover, the withdrawn money will be transferred directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, the withdrawn cash will be sent to the cardsogotrade will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing cash in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are opting to draw in.
sogotrade Inactivity Fees Explained
sogotrade charges an inactivity fee when you don't create any trades for a while.
Even if no fees have been indicated by sogotrade, it's better for you to close the account if you're inactive. Inactivity fees are not just charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you've selected. The inactivity fee is exposed to many circumstances and should be disclosed clearly by the agent beforehand.
sogotrade Deposit Fees Explained
When you transfer money in your trading account by the bank account, a deposit fee can be charged by the broker. Most brokers don't charge an excessive amount of money for this particular operation.
sogotrade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the sogotrade trading platform is easy. You simply need to complete a single-user profile survey to begin depositing money into your trading account. You will have to provide an identity evidence and evidence of residency to deposit substantial sums.
Compare sogotrade Vs Other Broker Deposit Methods
What Can You Trade With sogotrade in 2026?
Note: sogotrade provides many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered can differ based on the country of residence of the client.
sogotrade has a wide variety of over 190 instruments available for you to trade with.
If trading forex pairs is of interest to you then sogotrade offer over 160 forex pairs.
Compare sogotrade, Startrader & freetrade below.
sogotrade Trading App Review
Note: sogotrade's mobile app has many functions and is being constantly improved. The below information was correct at the time of compiling this sogotrade broker review.
Understand the capabilities of the mobile apps of sogotrade, Startrader & freetrade below.
Trading Education Available At sogotrade
Understand the trading resources available with sogotrade, Startrader & freetrade below.
sogotrade Customer Support
For our sogotrade broker review we looked at the options for customer service as well as response times. on the sogotrade trading platform problems solution effectiveness. sogotrade supports a wide range of languages including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
sogotrade Live Chat Support
We tried the livechat experience with sogotrade, and it was very effective. We made a request through the sogotrade livechat via their website and app and got a reply within 20 seconds. Sometimes , there was no response.
We have tested communication through sogotrade support in a variety of languages across multiple countries. sogotrade were successful in resolving customers' problems.
sogotrade Phone Support
We phoned sogotrade and the call was answered very promptly. It was responded to within less than five to ten minutes.
The sogotrade phone support team was able to effectively address our queries and problems via phone. We tried the multi-lingual sogotrade team by making calls in various languages. sogotrade made an effort to ensure all of our questions were answered.
Overall, the phone support from sogotrade was satisfactory.
sogotrade Email Support
We sent several messages to sogotrade and answer times overall were outstanding. The fastest email response from sogotrade was 2 hours while the slowest response was 12 days! Sometimes , there was no response. Response times to support may differ depending on what is needed from sogotrade, however we have had this experience sending out 10 emails at different times.
The team resolved and answered our questions. Overall average email support from sogotrade was satisfactory.
Alternatives To sogotrade
If, after reading this sogotrade review, they do not fulfill your needs check out these sogotrade alternatives.
We've scoured the web to find the best alternatives to sogotrade. Click on the links below to find out more.
Frequently Asked Questions
Can I try sogotrade before I buy?
Yes, you can most certainly try sogotrade before you buy. sogotrade provides demo accounts for the convenience of new traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you register for a demonstration account on sogotrade, you will set out with a decent amount of virtual currency. It's to establish a sense of safety and confidence in you until you choose to spend your own money.
With a virtual sogotradedemo account, you are able to experiment at all, to whatever length you desire. You might also start positions, test different trading approaches, and much more.
sogotrade specifies on its official site how you can exchange real time stocks with your demo account.
Is sogotrade safe?
It is possible to drop all your worries because we believe that sogotrade is totally safe to use. It's in compliance with all the principles of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307.
Nevertheless, sogotrade doesn't give assured stop-loss protection.
Why does sogotrade ask for my passport?
The reason that sogotrade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, sogotrade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, sogotrade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with sogotrade?
The process to start trading with sogotrade is super simple. You need to begin by signing up on the sogotrade website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but sogotrade are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with sogotrade is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with sogotrade.
The best way to kickstart your trading career with sogotrade is to open a demo account facility before risking any real money
What funding methods do sogotrade accept?
There are a number of ways to fund your accounts with sogotrade. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to keep in mind that PayPal is not available in every country. The monies sogotrade accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, though it takes about 4-7 days.
Is my money safe with sogotrade?
Yes, your cash is safe and protected with sogotrade. As you already know, sogotrade works with good conformation to regulations. It's established plenty of measures to guard all of its own investors.
sogotrade safeguards its customers' private and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you wish to further protect your accounts, it is possible to enable Two-Step Verification also. It requires an SMS confirmation that you access your accounts.
Is sogotrade trading good?
Yes, trading via sogotrade is a pleasant and good experience indeed. It's a great and intuitive platform with helpful features for your ease. Moreover, you can also obtain access to a vast selection of educational resources and assistive substance to kickstart your trading experience.
If you remain skeptical, you can start a eToro demo account and assess the trustworthiness of the platform for yourself.
Which Countries do sogotrade support?
sogotrade operates across the world. However, due to regulations sogotrade does not accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is sogotrade legit?
sogotrade is a legit company headquarted in USA since 2016. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307. sogotrade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is sogotrade a good broker?
sogotrade is a great broker, and its own users can vouch for it. The highlight of the platform is its fast order execution on transactions.
You will discover the clean design of the platform along with the commendable features that are pleasant to work with.
Is sogotrade a trustworthy broker?
Yes, sogotrade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 1,000,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for sogotrade?
The minimum deposit to open a live account with sogotrade is $250
How long do sogotrade withdrawals take?
Normally, withdrawal of money from sogotrade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from sogotrade to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is sogotrade regulated?
sogotrade are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307
Is sogotrade a market leading broker?
sogotrade is currently one of the industry leaders. It supports over 1,000,000+ registered customers and over 10 years of experience on its own record. They're among the world's top trading platforms and a dominant figure in the Fintech revolution.
It simplifies this status to its incredible platform and broad range of resources plus tools so you can put money into capital markets.
Is sogotrade a con?
No, sogotrade is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307 and must adhere to their rules. Thus, it is safe to say that sogotrade is not a scam.
Can you make money with sogotrade?
Through sogotrade, several traders make a great deal of cash. But, just like all online brokers, it is important to note that traders can also lose money. In particular, Your capital is at risk
This can look like a small number, but over the entire year, it adds to a substantial number of gains. While sogotrade provide you all of the tools to make money, they can't guarantee that you will gain.
Does sogotrade have fees?
Yes. To start trading using sogotrade, you have to deposit $250. Certain commissions while trading additionally apply. Any processing fees from your bank might have to be incurred by you.
When was sogotrade founded?
sogotrade was founded in 2016 in USA. sogotrade is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F307.
How many people use sogotrade?
sogotrade is a worldwide recognised broker with 1,000,000+ clients.
Where is the sogotrade head office?
sogotrade has its head office in USA
Does sogotrade offer negative balance protection?
Yes, sogotrade has Negative Balance Protection. It is specially offered when the industry volatility prevents customers from letting their accounts go in the red. In a situation like this, sogotrade offers the ability to reset a customers account balance to zero.
You are able to go through the important terms and conditions on sogotrade's site to comprehend their policies.
Does sogotrade offer guaranteed stop loss?
sogotrade, regrettably, does not provide guaranteed stop loss. sogotrade gives a chance to its dealers to close their trade at their given price. Apart from that, sogotrade does not provide guaranteed stop loss.
Does sogotrade allow scalping?
Yes, sogotrade does allow scalping. Many traders across the world choose sogotrade due to their services that are trading. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which let this.
Does sogotrade allow hedging?
Yes, sogotrade does allow hedging.
Can you trade energies with sogotrade?
Yes, you can trade energy stocks with sogotrade
Can you trade agricultural shares with sogotrade?
No, unfortunately you cannot trade agricultural stock with sogotrade
Can you trade cryptocurrency with sogotrade?
Yes, you can trade cryptocurrency with sogotrade
Can you trade metals with sogotrade?
Yes, you can trade metals with sogotrade
Can you trade UK Shares with sogotrade?
No, unfortunately you cannot trade UK shares with sogotrade
Can you trade US Shares with sogotrade?
No, unfortunately you cannot trade US shares with sogotrade
Can you trade Japanese Shares with sogotrade?
No, unfortunately you cannot trade Japanese shares with sogotrade
Can you trade German Shares with sogotrade?
Yes, you can trade German shares with sogotrade
Does sogotrade accept bank transfers?
Yes, sogotrade accepts bank transfers for depositing money.
Does sogotrade accept credit cards?
Yes, sogotrade accepts credit cards for depositing money.
Does sogotrade accept PayPal?
Yes, sogotrade accepts PayPal for depositing money.
Does sogotrade accept Skrill?
Yes, sogotrade accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is an online wallet service that was established in 2001 which offers a range of payment options online and money transfer services.
Since launch, Skrill has expanded to operate in over 120 countries and has a digital wallet offered in more than 40 currencies. Customers can deposit money into their Skrill wallet using various payment options , including card, bank transfer as well as a variety of alternative payment methods. The funds can later be used to pay merchants as well as other Skrill users, or transferred into cryptocurrency.
Skrill also provides cross-border payment via its remittance service Skrill Money Transfer. It allows customers to send money to an account at a bank overseas by using their credit card. The service was acquired in 2015 by the Paysafe Group. Skrill was acquired by the Paysafe Group along with former rival Neteller and prepaid payment provider paysafecard.
Skrill has several licenses enabling it to offer its services in Europe and around the world. Skrill is operated via Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and regulated by the Central Bank of Ireland, for its European regulated operations. Skrill's operations outside the European Economic Area are operated by Skrill Limited - a company that is incorporated in the United Kingdom and regulated by the Financial Conduct Authority.
Does sogotrade accept Payoneer?
Yes, sogotrade accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. This company is a specialist in cross-border B2B transactions. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does sogotrade accept Neteller?
Yes, sogotrade accepts Neteller for depositing money.
Does sogotrade offer Live Chat customer support?
Yes, sogotrade offers customer support through live chat.
Does sogotrade offer phone customer support?
Yes, sogotrade offers customer support over the telephone.
Does sogotrade offer email customer support?
Yes, sogotrade offers customer support through email.
What languages can sogotrade communicate in?
sogotrade has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does sogotrade have a wikipedia page?
No, sogotrade does not have an official wikipedia page.
Does sogotrade offer demo accounts?
Yes, sogotrade offers virtual portfolio accounts so you can test your trading strategies before risking any real money. New traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before signing up for a live account.
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Table Of Contents
- Who are sogotrade?
- Benefits Of Trading With sogotrade
- Everything you should know about trading with sogotrade
- Is sogotrade Safe To Trade With?
- sogotrade Risk Disclaimer
- Pro's & Con's Of Trading With sogotrade
- Compare Brokers Similar To sogotrade
- sogotrade Regulation And Licencing
- sogotrade Awards
- Minimum Deposit Required For A Live Account With sogotrade
- sogotrade Commission And Fees
- Compare broker fees against sogotrade
- sogotrade Withdrawal Fees Explained
- sogotrade Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With sogotrade?
- sogotrade Customer Support
- sogotrade Live Chat Support
- sogotrade Phone Support
- sogotrade Email Support
- Alternatives To sogotrade
- Frequently Asked Questions About sogotrade

