SOGOTRADE OFFERS CASH-BACK TO FINANCIAL PORTFOLIOS WITH EVOSHARE

Evoshare Cash Back

ST. LOUIS, MO, November 15, 2021/PRNewswire – SogoTrade, a digital brokerage subsidiary of Sogo Financial Group, Inc. (“Sogo”), has partnered with EvoShare, a microsavings-oriented FinTech startup based in Berkeley, CA, to bring cash-back savings opportunities to its customers.

“Cash-back offers are popular and incentivize people who spend money at retailers, restaurants, hotels, and more,” said Jonathan Yao, CEO of SogoTrade. “SogoTrade is excited to partner with EvoShare, bringing a robust cash-back savings infrastructure to everyday people, enabling them to earn on everyday spending and invest in their future.”

EvoShare’s proprietary system turns a percentage of every dollar spent at over 10,000 partnered local and online stores into contributions into the participant’s SogoTrade brokerage account.

“When customers checkout at participating online retailers, they can earn up to 30% cash-back that can build up their financial safety net,” Yao said. “This cash-back can be automatically deposited directly into your SogoTrade account.”

“We’re confident the partnership between EvoShare and SogoTrade will make saving for the future easier for all SogoTrade customers,” said CEO of EvoShare Eugeny Prudchyenko.

The cash-back earned through EvoShare is in addition to any other credit card incentives; it doesn’t replace them. Participants shop and dine as usual at participating merchants.

New and existing customers get free access to EvoShare. “With your SogoTrade account, the EvoShare monthly fee is waived. You’ll get free access to an EvoShare membership,” said Yao. “This is just another advantage of having an account at SogoTrade.”
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SOGOTRADE ADDS ETF TO ITS GET PAID TO TRADE PROGRAM

SogoTrade Get Paid To Trade

–  The first ETF to be added to the program is the ETFMG Treatments, Testing and Advancements ETF (ticker GERM)

–  Customers can receive a $3 rebate for every 1000 shares of ETFMG’s GERM that they buy on a qualifying open order (non-marketable limit order)

  1. LOUIS, MO, February 1, 2021/PRNewswire – SogoTrade, a digital brokerage subsidiary of Sogo Financial Group, Inc. (“Sogo”), announced today that it has expanded its innovative “Get Paid to Trade” program, bringing additional benefits to its customers.

In June of 2020, SogoTrade first announced its pilot “Get Paid to Trade” program, where customers not only enjoy $0 commissions, but get paid up to $1 for every 1,000 shares traded on qualifying limit orders.*  Today, SogoTrade announced that investors are now eligible to receive up to 3X that amount—or, $3 for every 1,000 shares traded—on qualifying limit orders for certain exchange-traded funds (ETFs).  The first ETF to be added to the program is the ETFMG Treatments, Testing and Advancements ETF (ticker GERM).  The program is open to existing customers as well as new customers of SogoTrade.  Investors can learn more about the program at SogoTrade.com/GERM.

“Exchange rebates in the past have been largely reserved for high frequency trading firms and institutions,” said Jonathan Yao, CEO of SogoTrade. “SogoTrade is leveling the playing field by bringing this revenue sharing opportunity to everyday investors.”

Kris Wallace, Executive Vice-President and head of trading at SogoTrade, explained how the program works: “When a customer places a limit order for the GERM ETF, this order type will now generate revenue for SogoTrade customers who participate in the program. Typically, brokerage firms pocket this extra revenue but with ‘Get Paid to Trade,’ SogoTrade will credit investors for qualified limit orders—up to $3 for every 1,000 shares traded in the GERM ETF.”
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SogoTrade And KGI Asia Announce Strategic Partnership

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– The partnership will provide the opportunity for both companies to expand their online brokerage services throughout Asia and North America

– KGI Asia is the lead investor in Sogo’s Series A investment round

ST. LOUIS, Aug. 20, 2019 /PRNewswire/ — SogoTrade, a digital brokerage subsidiary of Sogo Financial Group, Inc. (“Sogo”), today announced the launch of a strategic international partnership with KGI Asia (“KGI”), one of Hong Kong’s largest brokerage firms. The SogoTrade-KGI partnership is expected to generate new IT and financial advisory positions in the St. Louis area over the next several years and is another example of how the St. Louis region continues its importance as a world financial center.

Sogo CEO Jonathan Yao said, “Once SogoTrade’s digital trading platforms have been integrated with the KGI trading infrastructure, KGI clients will have the ability to quickly open online accounts, easily trade stocks and options on American and Asian exchanges, and they will have the ability to invest in innovative products, such as cryptocurrencies and investment portfolios, using Sogo’s wealth management tools and robo-advisory services.”

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SogoTrade Now Offers Asset Management Services

ST. LOUISNov. 20, 2017 – SogoTrade, Inc.—a US-based online discount broker dealer known for its low commissions, great customer service, and high-tech trading platforms—is now offering long-term, goal-based asset management services to its customers through affiliate MarketRiders, Inc., a SEC registered investment advisor.  MarketRiders will offer its advisory services under the name “Sogo MarketRiders.”

The Sogo Financial Group, Inc. (SFG), led by Jonathan W. Yao, current SogoTrade CEO and former Scottrade Director of Asian Pacific Operations, announced earlier this year that it concluded the acquisition of SogoTrade, Inc.  SFG had also previously acquired MarketRiders, Inc., one of the very first robo-advisory firms.  Together, SogoTrade and MarketRiders can now deliver stock and option trading accounts along with longer-term, goal-based managed portfolios.

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SogoTrade is a member of SIPC, which protects securities customers of its members up to $500,000 ($250,000 for cash). For more details, please see www.sipc.org. Our clearing firm, Apex Clearing, has purchased an additional insurance policy, which provides protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer's securities and $900,000 for any one customer's cash. The SIPC protection and this additional insurance do not protect against a loss in the market value of securities, and do not apply to cryptocurrency transactions.

Portfolio management and advisory services are provided by MarketRiders, Inc. (doing business as SogoTrade Asset Management ("SAM")), a registered investment advisor. Brokerage services are provided by SogoTrade, Inc. SAM provides discretionary advisory services for a fee. SAM and SogoTrade, Inc. are separate entities under common ownership.

Before investing carefully consider the underlying objectives, risks, charges, and expenses of the investment product. All investments involve risk, including loss of principal. Past performance does not guarantee future results. There is no assurance that the investment process will consistently lead to successful investing. Asset allocation and diversification do not eliminate the risk of experiencing investment losses. ETFs can entail risks similar to direct stock ownership, including market, sector, or industry risks. Some ETFs may involve international risk, currency risk, commodity risk, and interest rate risk. Trading prices may not reflect the net asset value of the underlying securities. Risks applicable to any portfolio are those associated with its underlying securities. For more information, please see the SAM Disclosure Brochure (Form ADV Part 2A).

Important Note: Options involve risk and are not suitable for all investors. For more information please read the Characteristics and Risks of Standardized Options. Please note fees, commissions and interest charges should be considered when calculating results of options strategies. Transaction costs may be significant in multi-leg option strategies, including spread, as they involve multiple commission charges. SogoTrade does not provide tax advice. Please consult with a tax advisor as to how taxes may affect the outcome of options transactions/strategies.

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