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 world class trading partner that was founded in 2016. They have around 260 staff that help the company offer Financial Markets Access, to 1,000,000+ customers 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.
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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 information surrounding sogotrade.
If you are a new entrant in the world of trading online and brokers, so many facts will no doubt be perplexing for you. Getting into the world of trading online demands expert analytical skills and thorough understanding. You'll get proficient at all the concepts of online trading and brokerages as you keep trading. For starters, you need to choose the right agent who'll consistently be clear with you.
Within the fast-paced universe of financial markets and online trading, you'll need guidance to make sensible decisions. A professional, direct investment online trading platform could aid you in minimising any potential losses and maximising any profits. sogotrade is one such platform which can help you. It is crucial that you understand all you can about any broker before 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 bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant 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 objectives.
Remember, sogotrade should be a supportive ally 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 comprehensive 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 Review for 2026 – Quick 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 |
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Your capital is at risk |
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Our full sogotrade review for beginners covers all you will need to know about trading via sogotrade. A good agent can take your initial investments and help to protect it from losses but also give you a platform that can help to give you favourable profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investment objectives.
Of course, there's absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your broker before you select them. It's a frequent misconception that all agents are the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
sogotrade is a trading partner which has forged its way successfully to the brokerage world. Within this review, we've attempted to collate a number of the vital aspects of sogotrade. This guide will allow you to understand whether sogotrade is a fantastic match for your own investments or not. We've attempted to breakdown all of the features and charges for your advantage.
Who are sogotrade?
sogotrade is a online trading broker with its headquarters in USA and provides a range of instruments for online trading. Since its establishment in 2016 they have emerged as a top-tier player in the field of online trading. sogotrade has an extremely reputable and full-featured trading site that's focused on currency, indices, metals, sharesand commodities.
Over the past 10 years, sogotrade has grown into one of the best online brokers available to the public.
After establishing itself in 2016, their client base has become as large as 1,000,000+ clients.
sogotrade is a favourite for many stock dealers because of its negative balance protection. Our sogotrade account review discovered that they're a professional alternative for online trading solutions. They're most appropriate for investors who are looking for a variety of assets. Social and easy to use trading options are the heart at sogotrade.
Technology plays a substantial role at sogotrade. They offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. sogotrade is honest, transparent, and a well-regulated broker 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 variety of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The educational section at sogotrade is very enlightening for new dealers since it permits them to have a closer look in the financial markets. sogotrade caters to all sorts of traders and are a must-have broker for any well-diversified method of trading.
Benefits of online trading with sogotrade in 2026
Trading with sogotrade includes many advantages. These benefits are what sets sogotrade apart from the rest of the online brokers. You need to check all the benefits listed so that you have a better understanding of sogotrade.
The agent goes to great lengths to comprehend what traders want. Consequently, the service, quick, and convenient. The broker also gives a number of platforms for all kinds of traders. sogotrade helps to ensure that the individual needs of all traders are met to the best of their ability.
sogotrade also includes excellent trading conditions that are available to all and not just an elite group of institutional clients. The tight spreads and quick executions are a fantastic benefit for all traders. The technology embraced by sogotrade is of the highest caliber, ensuring that it is fast, dependable, and efficient.
sogotrade acknowledges the importance of having a fast order execution. A fast implementation enables users to exchange without fretting about slippage safely. It will also aid the dealers to catch any opportunities.
sogotrade has over 190 trading instruments to support all types of traders. These instruments are lively and suitable for both the new and seasoned traders. All traders can put 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 ought to know about trading with sogotrade
sogotrade is a lively platform that offers various procedures of online trading. These instruments cover the financial markets substantially. Most of the brokerage platforms offer less approaches than sogotrade
If you would like to exchange with sogotrade, you will need a minimum deposit of $250. This deposit is mandatory if you want to begin trading with sogotrade. This 2026 sogotrade review will guide you clearly about trading with them.
sogotrade is as flexible as any other brokerage platform. sogotrade is excellent for traders that want a manageable selection of low-cost services. The programs offered by sogotrade are third party, white-label offerings. All traders may pick out of MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Along with everything, sogotrade has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a trade has to be kept open. The brokers offer premium customer service which rewards clients with benefits.
Many unethical brokers attempt to pressurise consumers into larger funding for superior services. sogotrade, though, is more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the more benefits will come along.
sogotrade accounts are available globally and provides outstanding service wherever they have clients. 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?
Established in 2016, sogotrade has been open for 10 years, they have a head office 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 steps in place to maintain investor's assets secured. This means that sogotrade users don't need to worry about their money as it's segregated and safely stored in established banks. SSL encryption secures every user's personal information as well.
You can make use of an option for 2 Factor Authentications (2FA) with sogotrade for increased safety. An SMS with the confirmation code will be sent to a phone. You'll be asked to enter this code to log in to your accounts.
Another concern with online brokers with respect to security may be manipulation of trading. This is highly disadvantageous to consumers on these platforms. However, this is much 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 some ups and downs, and no sogotrade review would be complete without having a balanced approach. 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 business, has a powerful collection of rules for ensuring honest trading on its own platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
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 broker that has been trading for over 10 years. They offer a wide range of options in their client accounts.
In the following table we take the main parts of any good broker 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 you must deposit to get started on sogotrade is $250. This is a decent amount for people just starting out. It's possible to create more advanced deposits as you go along. However, ensure that you understand how to make the most of your money before investing larger sums.
Commission And Fees Explained
sogotrade is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the number of clients they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily 3 types of fees for this purpose.
The first kind of fees to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you're paying a spread, financing speed, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are those that are charged when you hold a leveraged position for more than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake on your accounts. They're billed for services like depositing money, not investing for lengthy periods, or withdrawals.
Generally, sogotrade doesn't charge high fees in comparison to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who regularly trade, such as daily or weekly trading.
However, non-trading fees charged by sogotrade are comparatively competitive. Consequently, you're charged more for non-trading activities in your trading account, like withdrawal and deposits. These are not related to the sale and purchase of assets.
This sogotrade review breaks down each 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 create a bank transfer. Each time you move money into your bank account, these withdrawal fees become important.
Withdrawal of money is possible at any moment from your sogotrade account. It's possible to withdraw sums up to the amount of your account balance, keeping aside the perimeter utilized. One thing to keep in mind is that you don't always have to have any money on your accounts.
In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn money will be sent to the cardsogotrade will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are opting to withdraw in.
sogotrade Inactivity Fees Explained
sogotrade charges an inactivity fee when you don't make any trades for a while.
Even if no fees have been indicated by sogotrade, it's better that you 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 on the sort of account you have chosen. The inactivity fee is exposed to many circumstances and should be disclosed clearly by the agent beforehand.
sogotrade Deposit Fees Explained
When you move money in your trading account from your bank account, a deposit fee can be charged by the broker. Most brokers do not charge an excessive amount of money for this operation.
sogotrade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the sogotrade trading platform is simple. You simply need to finish a single-user profile survey to begin depositing money into your trading account. You will need to give an identity evidence and proof of residency to deposit large amounts.
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 some countries. Trading instruments offered may be different depending 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 currency pairs.
Compare sogotrade, Startrader & freetrade below.
sogotrade Trading App Review
Note: sogotrade's mobile app has many functions and is being developed all the time. What follows was accurate at the time of writing 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
While collating our sogotrade broker review we looked at the options for customer service as well as response times. on the sogotrade trading platform issue solving effectiveness. sogotrade supports various languages, including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
sogotrade Live Chat Support
We tested the live chat on sogotrade and it works well. We sent messages to sogotrade livechat via their app and web site and received a response after 10 seconds. There was sometimes no response.
We have tested communication via sogotrade support in multiple languages and in various countries. sogotrade were able to resolve our customer problems.
sogotrade Phone Support
We made a call to sogotrade and the call was answered extremely quickly. It was responded to in less than five to ten minutes.
The sogotrade phone support team was able to successfuly answer our queries and problems via phone. We tried the multi-lingual sogotrade team by calling in varying languages. sogotrade made an effort to make sure that our questions were addressed.
The overall support via phone from sogotrade was satisfactory.
sogotrade Email Support
We have sent numerous messages to sogotrade and responses were generally good. The fastest email response time from sogotrade was 3 hours, while the slowest response was 12 days! Sometimes , there wasn't a response. Support response times can vary depending on what is needed from sogotrade, but this was our experience sending out 10 emails at different times.
The team resolved and answered our queries. Average email support from sogotrade was very good.
Alternatives To sogotrade
If, after studying this sogotrade review, they don't quite meet your requirements check out these sogotrade alternatives.
We have scoured the internet to find the best alternatives to sogotrade. Click on the hyperlinks below to find out more.
Frequently Asked Questions
Can I try sogotrade before I buy?
Yes, you can most definitely try sogotrade before you buy. sogotrade offers demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you sign up for a demo account with sogotrade, you will set out with a decent amount of virtual currency. It's to establish a sense of safety and confidence in you before you decide to spend your own money.
With this virtual sogotradedemo account, you can experiment in any way, to whatever period you desire. You might also start positions, test different trading strategies, and more.
sogotrade specifies on its official site that you are able to trade real time stocks in a demo account.
Is sogotrade safe?
You can drop all your worries because we believe that sogotrade is perfectly safe to use. It is in compliance with all the rules 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 does not have 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 multiple ways to finance your accounts with sogotrade. The process is effortless and quick, with various payment methods at your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to bear in mind that PayPal is not available in all place. The currencies 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 an opportunity also, though it takes about 4-7 days.
Is my money safe with sogotrade?
Yes, your cash is safe and protected with sogotrade. As you know, sogotrade operates with good conformation to regulations. It's established lots of measures to guard all its own investors.
sogotrade protects its clients' private and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further protect your account, you can enable Two-Step Verification also. It takes an SMS confirmation for you to access your account.
Is sogotrade trading good?
Yes, trading via sogotrade is a nice and decent experience indeed. It is an excellent and intuitive platform with helpful features for your ease. Moreover, you could also gain access to a vast collection of educational tools and assistive material to kickstart your trading expertise.
If you remain skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform for yourself.
Which Countries do sogotrade support?
sogotrade operates across the globe. However, due to regulations sogotrade cannot 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 an excellent broker, and its users may vouch for this. The highlight of this platform is its fast order execution on trades.
You'll find the clean layout of this platform and the commendable features 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 indisputably one of the business leaders. It has over 1,000,000+ registered customers and over 10 years of expertise on its own record. They're one of the world's leading trading platforms and a dominant figure in the Fintech revolution.
It majorly owes this status to its unbelievable platform and broad range of tools plus resources so you may invest in 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, many traders make a lot of money. However, just like all online brokerages, it is important to note that traders can also lose money. In particular, Your capital is at risk
This can look to be a little number, but within the year, this adds to a significant amount of gains. While sogotrade supply you all of the tools to make money, they can't guarantee you will profit.
Does sogotrade have fees?
Yes. To begin trading with sogotrade, you have to deposit $250. Particular commissions while trading additionally applies. Any processing fees from your bank will 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+ customers.
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's specially offered when the industry volatility prevents customers from letting their account go in the red. In such a scenario, sogotrade offers the ability to reset a customers account balance to zero.
You can go through the critical terms and conditions on sogotrade's website to understand their policies.
Does sogotrade offer guaranteed stop loss?
sogotrade, unfortunately, doesn't offer guaranteed stop loss. sogotrade provides an opportunity for its dealers to close their trade in their given price. Apart from that, sogotrade doesn't provide guaranteed stop loss.
Does sogotrade allow scalping?
Yes, sogotrade does permit scalping. Several traders across the world select sogotrade for their services that are trading. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which allow 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 that offers a variety of payment options online and money transfer services.
Since its launch, Skrill has expanded to operate in over 120 countries with the digital wallet available in more than 40 currencies. Customers can deposit money into their Skrill wallet through a variety of payment options including by bank transfer, card, and several alternative payment methods. The money can be used to make payments to merchants as well as other Skrill users, or transferred into crypto.
Skrill also provides cross-border payment through its remittance services Skrill Money Transfer. The service enables customers to transfer funds to a bank account overseas by using their credit card. In 2015, Skrill became part of the Paysafe Group along with former competitor Neteller and the prepaid payment company paysafecard.
Skrill holds a number of licenses enabling it to offer its services throughout Europe as well as globally. Skrill is managed 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 activities outside of the European Economic Area are operated by Skrill Limited - a company which is incorporated inside 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. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards 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.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
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 learn their systems before risking any real capital. Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s 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

