logo |


About WikiFX


    2-5 years
    Suspicious Regulatory License
    Non MT4/5 Software
    Suspicious Scope of Business


    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9


    License Index


    Business Index


    Risk Management Index


    Software Index


    Regulatory Index



    No valid regulatory information
    Please be aware of the risk!


    • Company Name:

      SogoTrade, Inc
    • Company Abbreviation:

    • Place of registration:

      SogoTradeUnited States
    • Regulatory Status:

      No Regulatory
    • Customer Service Email Address:

    • Customer Service Phone Number:

    • Company summary

      BasicInformation&RegulationofSogoTradeSogoTradeclaimstobeaglobalonlinefinancialtradingplatformanddiversifiedassetbroker,foundedin2008andbasedintheUnitedStates.After13yearsofdevelopment,SogoTradehasgrowntoprovideretailinvestorswithforextrading,CFDtrading,socialtrading,andstocktradingservices.SogoTradeisnotsubjecttoanyeffectiveregulation.SecurityAnalysisofSogoTradeSogoTradeiscurrentlyanunregulatedbroker,whichmeansthatthesafetyofinvestors'fundsandtradingactivitiesarenoteffectivelyprotected.InvestorsshouldchoosebrokersthatareregulatedbytheFCAintheUK,CySECinCyprus,andASICinAustralia.MarketInstrumentsSogoTradeisamulti-assettradingplatformthatoffersinvestorsaccesstoover205financialassets,mainlyForexpairs,CFDs,socialtrading,andstocktrading.Accounts&LeverageofSogoTradeSogoTradeoffersinvestorstwodifferenttypesoftradingaccounts,namelyMiniandStandardaccounts.SogoTradehasnominimumdepositrequirementforaccounts,whichisprobablyoneoftheadvantagesovermosttraders.TradingPlatformAvailableSogoTradeofferstradersthemostpopularMT4tradingplatform,thelatestgenerationofMT4,theMT5tradingplatform,andabrowser-basedonlinetradingplatform.Threedifferenttradingplatformsareavailablefortraderstochooseflexibly.DepositandWithdrawalofSogoTradeSogoTradeallowstraderstodepositandwithdrawfundstoandfromtheirinvestmentaccountsviacreditcard,wiretransfer,Neteller,Skrill,etc.SogoTrade'sprocessingtimeforclientwithdrawalsanddepositsiswithin2-3days.Pros&ConsofSogoTradeThemainadvantagesofSogoTradeare:1.205+tradingassets2.Demoaccounts&Islamicaccountsoffered3.Threetradingplatformsavailable4.NominimumdepositrequirementsThemaindisadvantagesofSogoTradeare:1.Notsubjecttoanyregulation2.Noreal-timecustomerservices3.Notprovidingspecificinformationontrading,suchasspreads,commissions,etc About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    SogoTrade · MT4/5

    Identification Result

      SogoTrade · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          SogoTrade· Genealogy

          SogoTrade · Clones

          SogoTrade · Market Analysis

          The data are from WIKI Research    2021.08.04 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          SogoTrade · Survey×




          Alternate Text

          Data Sources WikiResearch 2021.08.04 Update


          Data Sources WikiResearch 2021.08.04 Update

          SogoTrade · Chart

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.08.04 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          * Contact number
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          SogoTrade · Company summary

            Basic Information & Regulation of Sogo Trade

            Sogo Trade claims to be a global online financial trading platform and diversified asset broker, founded in 2008 and based in the United States. After 13 years of development, Sogo Trade has grown to provide retail investors with forex trading, CFD trading, social trading, and stock trading services. Sogo Trade is not subject to any effective regulation.

            Security Analysis of Sogo Trade

            Sogo Trade is currently an unregulated broker, which means that the safety of investors' funds and trading activities are not effectively protected. Investors should choose brokers that are regulated by the FCA in the UK, CySEC in Cyprus, and ASIC in Australia.

            Market Instruments

            Sogo Trade is a multi-asset trading platform that offers investors access to over 205 financial assets, mainly Forex pairs, CFDs, social trading, and stock trading.

            Accounts & Leverage of Sogo Trade

            Sogo Trade offers investors two different types of trading accounts, namely Mini and Standard accounts. Sogo Trade has no minimum deposit requirement for accounts, which is probably one of the advantages over most traders.

            Trading Platform Available

            Sogo Trade offers traders the most popular MT4 trading platform, the latest generation of MT4, the MT5 trading platform, and a browser-based online trading platform. Three different trading platforms are available for traders to choose flexibly.

            Deposit and Withdrawal of Sogo Trade

            Sogo Trade allows traders to deposit and withdraw funds to and from their investment accounts via credit card, wire transfer, Neteller, Skrill, etc. Sogo Trade's processing time for client withdrawals and deposits is within 2-3 days.

            Pros & Cons of Sogo Trade

            The main advantages of Sogo Trade are:

            1. 205+ trading assets

            2. Demo accounts & Islamic accounts offered

            3. Three trading platforms available

            4. No minimum deposit requirements

            The main disadvantages of Sogo Trade are:

            1. Not subject to any regulation

            2. No real-time customer services

            3. Not providing specific information on trading, such as spreads, commissions, etc

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.