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

[ByLoSellHi]

I'm with Scottrade now.

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

Thanks.

 

[giles117]

$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.

 

[dividend]

I'd like to know how they route orders and their execution speeds. Thanks.

 

[giles117]

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.