Logo
Cobra Trading
Active

Cobra Trading

🇺🇸
  • Stock
  • Brokerage
10-15 years
Website

Current Rating

4.18

Industry Tier

A

Profile

Cobra Trading is focused on professional stock traders and may not be suitable for beginners or those seeking diversified investments. Its strengths lie in advanced trading platforms and tools, direct market access, and low-latency execution. These features meet the needs of active traders to quickly seize opportunities. However, Cobra Trading's drawbacks include relatively high fees and restrictive deposit requirements, which may reduce its competitiveness in the market and lead potential customers to opt for more economical or flexible brokers.

Company Background:

Cobra Trading is an online brokerage offering direct market access with a variety of flexible and powerful trading platforms and tools. They provide competitive fees for stock and options trading, with a minimum trade amount of $1. Founded in 2013, Cobra Trading caters to professional stock traders seeking personalized service. The company's domain was registered on September 9, 2003.

958e0f79-79fd-4af2-b007-e371402f14c2

Regulatory Information:

Cobra Trading is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC) program.

FINRA works to maintain the integrity of financial markets by regulating member brokerage firms and exchange markets, providing an environment of confidence for investors and companies to participate in the financial markets. SIPC is an investor protection program designed to protect clients from cash and securities losses in case an online brokerage fails to fulfill its obligations. SIPC offers coverage up to $500,000 per client, with a cash limit of $250,000.

Most Cobra Trading accounts are opened through Wedbush Securities. Besides SIPC coverage, clients cleared through Wedbush Securities can purchase additional insurance, offering up to $2,500,000 in cash and securities protection per client, with a total loss limit of $100,000,000. This insurance can cover cash credit balances up to $900,000, with a total cash balance of $1,150,000. Neither SIPC nor other insurance covers market losses.

img_v3_027l_eff414ab-e379-4a1b-879c-796eb006fe0g

857d58f8-f24e-468d-b219-5f5f518ef7f6

Opening an Account:

Click "Open an Account" in the menu bar, then follow the online instructions. If desired, you can download the appropriate account application forms here: https://cobratrading.com/accounts/ or Cobra Trading can mail/email you an account opening packet. If you are a non-US resident, please email info@cobratrading.com to request an account application.

cba09e80-4260-4d1e-a001-d2774198af8c

Trading Platforms:

Cobra Trading offers four advanced trading platforms, including CobraTraderPro, DAS Trader, Sterling Trader, and RealTick. These platforms feature direct market access, advanced charts, hotkeys, and multi-account management functionalities.

84769322-a4ab-4d52-9f46-b990229ff7c9

Deposit and Withdrawal Methods:

Investors can fund their Cobra Trading accounts through checks, wire transfers, or account transfers. When using a check, make it payable to "Wedbush Securities" and include your account details in the memo line. If you are opening a new account, Cobra Trading will add your account information on your check. Mail all documents to the following address: Cobra Trading, Inc.

3008 E. Hebron Pkwy, Building 400

Carrollton, TX 75010

For wire transfers, provide your bank with the following instructions:

For US resident accounts:

Bank Name: Bank of America

Bank Address: 80 S 8th St. #224, Minneapolis, MN 55402

ABA Number: 123-000-848

Beneficiary: Wedbush Securities Inc/SunGard

Account Number: 153910900825

Further credit to customer name and account number

For non-US resident accounts:

Please contact a representative for the correct wire transfer instructions.

Regarding account transfers, please fill out an Account Transfer Form (ACAT) and return it with the account application. Be sure to attach a copy of the most recent statement of the account being transferred.

Customer Support:

Cobra Trading supports contact through phone, email, and online customer service.

Summary:

Cobra Trading is an online brokerage focused on serving professional stock traders, established in 2013. It offers four advanced trading platforms, including CobraTraderPro, DAS Trader, Sterling Trader, and RealTick. As a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC) program, Cobra Trading is committed to providing advanced trading tools and direct market access, while also benefiting from SIPC protection. Investors can fund their accounts through checks, wire transfers, or account transfers. The company's customer support includes telephone, email, and online services. Overall, Cobra Trading is suitable for professional stock traders, but the relatively high fees and deposit requirements may not suit beginners or those seeking diversified investments. Currently, Cobra Trading is listed as "Regulated" on Traderknows.

User Reviews

4.18

Rated by 0 people

All Rating

No Comment YetNo Comment Yet

FAQ About Cobra Trading

01

What is the official website of Cobra Trading?

The official website of Cobra Trading is https://www.cobratrading.com/.

02

Is Cobra Trading legit or scam?

Cobra Trading is currently listed as Active on TraderKnows.

03

What kind of company is Cobra Trading?

Cobra Trading is a Stock, Brokerage company.

Social Media

Press Release

Country
USA
Market Categories
Stock
Organization Categories
Logo

Contact Us

Social Media

footer1