My Super-Duper-Cheap Broker: Sogo Invest

I currently do all my stock trading with Sogo Invest, for the simple reason that they've got the lowest commissions of any broker I've found. How low? Well, right now they offer a 90 day trial period where you pay $1 per trade. After that, you have a choice of trading accounts that charge commissions ranging from $1.50 to $3 per trade.
  • For their Platinum account, you pay a monthly subscription fee of $15 a month. This gets you an unlimited number of trades at $1.50 commission per trade.
  • For their Gold account, you pay a monthly subscription fee of $10 a month. This gets you an unlimited number of trades at $2.00 commission per trade. (This is the account I have.)
  • For their Bronze account, you pay no monthly fee, and are charged $3.00 commission per trade for an unlimited number of trades.
What account makes most sense for you depends on how many trades you make in a given month. If you make very few trades, Bronze is the best deal. But if you find yourself making a lot of trades - say over 10 a month - you'll definitely save on commissions by upgrading to a Gold or Bronze account.

So far I've been very satisfied with their service and execution - maybe you will be too. You can learn more about their trading features and tools at SogoInvest.com.

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