SogoTrade Account Type

　　SogoTrade offers several types of accounts to cater to different trading needs:

• Individual Account: This account is owned by a single person and is suitable for personal trading.
• Joint Account: Shared between two or more individuals, allowing collaborative trading.
• Retirement Accounts: Includes Traditional IRA, Roth IRA, and SEP IRA, designed for retirement savings.
• Custodial Accounts: Coverdell Education Savings Account and UTMA/UGMA accounts for minors.
• Trust Account: Managed by a trustee for the benefit of another person.
• Corporate and LLC Accounts: For businesses looking to invest through SogoTrade.

　　The minimum deposit for a cash account starts at $0, while margin accounts require a minimum deposit of $2,000. The only available base currency for all accounts is USD.

　　

SogoTrade Broker Account Opening Process

　　Opening an account with SogoTrade is a straightforward process that can be completed online. Heres how to do it:

• Visit the Website: Go to the SogoTrade website and click on the "Open an Account" button.
• Choose Account Type: Select the type of account you wish to open from the available options.
• Fill Out Registration Form: Provide your personal information, including name, address, email, and phone number.
• Upload Documents: You will need to upload a valid ID (passport or drivers license) and proof of residency (utility bill or bank statement).
• Verify Identity: Complete a trading experience survey to verify your trading knowledge.
• Fund Your Account: After your account is verified (usually within 1 day), fund your account using bank transfer.

　　The entire process is typically completed within 1 day, allowing you to start trading quickly.

　　For more details, visit: SogoTrade