Iraters vs Sogo: Which Should You Trade With?
Score by dimension
| Dimension | Iraters | Sogo |
|---|---|---|
| Gift card rates | 7.9 / 10Iraters wins | 7.0 / 10 |
| Payout speed | 4.5 / 10 | 5.5 / 10Sogo wins |
| Trade experience | 4.0 / 10 | 7.5 / 10Sogo wins |
| Support & disputes | 4.0 / 10 | 6.0 / 10Sogo wins |
| KYC & onboarding | N/A | 8.5 / 10Sogo wins |
| Product quality | 4.0 / 10 | 8.5 / 10Sogo wins |
| Other features | 4.0 / 10 | 8.5 / 10Sogo wins |
| Security & trust | 4.0 / 10 | 8.5 / 10Sogo wins |
| Reputation | 4.0 / 10 | 8.0 / 10Sogo wins |
| App reviews | 9.8 / 10Iraters wins | 8.9 / 10 |
| Overall | 5.1 / 10 | 7.7 / 10 |
Side-by-side facts
| Detail | Iraters | Sogo |
|---|---|---|
| Rate received (latest test) | Iraters displayed a payout of ₦11,100 for our $10 US Razer Gold e-code, giving a rate of ₦1,110 per $1. | Sogo paid ₦950 per dollar for our $20 US Razer Gold e-code, producing ₦19,000. A ₦100 withdrawal fee reduced the final bank amount to ₦18,900. |
| Tested payout time (latest test) | 32 minutes | 21 minutes |
| Bank withdrawal time (latest test) | 32 minutes | 1 minute |
| Support first response | 35 minutes | 15 minutes |
| KYC time | Not tested | 5 minutes |
| Payout methods | Bank transfer | Bank transfer |
| Gift card types | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Steam, Vanilla, Xbox | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, Google Play, Nike, PlayStation, Razer Gold, Sephora, Steam, Vanilla |
| KYC requirements | Iraters did not ask us to complete identity verification. Registration required a name, email address, phone number, password and date of birth, but no BVN, ID or selfie was requested. | Sogo requested a BVN and selfie. The full process took about five minutes, and approval arrived in about one minute. |
| Fee structure | a fee of 100 was deducted | The $20 trade produced ₦19,000. A ₦100 withdrawal fee reduced the bank payment to ₦18,900. |
Frequently asked questions
Is Iraters or Sogo better overall?
Sogo is better overall. It scores 7.7 out of 10 against 5.1 for Iraters, based on our own trades on both platforms.
Which gives a better gift card rate, Iraters or Sogo?
Iraters rated better on the card we traded. Our gift card rates score is 7.9 for Iraters and 7.0 for Sogo. Rates move daily and vary by card type and denomination, so compare rates per dollar before you sell.
Which pays out faster, Iraters or Sogo?
Sogo paid out faster in our test: 21 minutes to complete the trade against 32 minutes on Iraters. That is the tested payout time, measured from card submission to the trade value being credited; a later bank withdrawal is recorded separately.
Which has faster customer support, Iraters or Sogo?
Sogo replied first. Support took 15 minutes to answer at Sogo and 35 minutes at Iraters when we contacted them during testing.
Which should I use, Iraters or Sogo?
Use Iraters if the rate matters most, and Sogo if you want the trade completed quickly. Iraters scored higher on gift card rates and Sogo scored higher on payout speed.