SogoTrade Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If SogoTrade does not match your requirements we explain the top SogoTrade alternatives and SogoTrade competitors in this guide.
The best alternative for SogoTrade is IC Markets or Roboforex.
When searching for a SogoTrade alternative, there are a few things you need to check. The SogoTrade trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top SogoTrade alternatives and competitors feature by feature further below this SogoTrade alternatives guide.
If you are looking for a trading platform that offers similar features to SogoTrade or SogoTrade. Or if you are looking for features that SogoTrade does not offer that you require when trading, we will show you the best SogoTrade alternative options below.
We highlight the pros and cons of each SogoTrade alternative. Maybe you are looking for better customer service from a SogoTrade alternative or more competitive SogoTrade fees and more financial instruments to trade.
We have listed some reasons why SogoTrade may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- SogoTrade does not allow hedging (See brokers for Hedging here)
- SogoTrade does not offer negative balance protection (See SogoTrade alternatives who offer negative balance protection here)
- SogoTrade does not offer Guaranteed Stop Loss (See SogoTrade alternatives who offer Guaranteed Stop Loss here)
- SogoTrade does not allow Scalping (See brokers for scalping here)
- ECN accounts are not offered by SogoTrade (Look here for SogoTrade alternatives offering ECN accounts)
- STP accounts are not offered by SogoTrade (Look here for SogoTrade alternatives offering STP accounts)
- SogoTrade does not offer MT4 (See SogoTrade alternatives offering the MT4 trading platform here)
- MT5 is not offered by SogoTrade (find SogoTrade alternatives that offer the MT5 trading platform here)
- cTrader is not offered by SogoTrade (find SogoTrade alternatives offering the cTrader trading platform here)
- SogoTrade does not offer Micro accounts (Check here for SogoTrade alternatives offering micro accounts)
- SogoTrade does not offer VIP accounts (Check here for SogoTrade alternatives offering VIP accounts)
- SogoTrade have inactivity fees (See SogoTrade alternatives who don’t have inactivity fees here)
Top SogoTrade Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | SOGO ONLINE, SOGO Trader, Sogo Mobile, Sogo APP, Mobile Apps, Android (Google Play), iOS (App Store) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 619500 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 100 | 200 | 10 |
| 👱♂️ Used By | 17,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | Financial Industry Regulatory Authority (FINRA) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | United States | Australia | Belize |
| 🚫 Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature SogoTrade alternative comparison, you can scroll further down here.
