Global Broker Regulation Inquiry App
WikiFX
Vongnarin 
1-2 years
Is SogoTrade safe and legit?
Broker Issues
Regulation
07-14
United States
WikiFX
Reply
Honestly, my personal feeling is mixed. On one hand, the platform has been operating since 1986, which adds some credibility. But since it’s unregulated, I can’t call it fully “safe” in the strict financial sense. When I’m asked “is SogoTrade legit?”, I usually say it’s functional and established, but it doesn’t have the compliance safeguards I’d expect.
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