Expert review of Cobra Trading: customer reviews on the broker’s performance.
Review of Cobra Trading: a worthy choice for traders
American broker Cobra Trading has been actively working in the financial market since 2003, providing access to its own platforms for trading securities. More details about the company and its advantages can be found in this article prepared by our team.
Location and Partners
The office of Cobra Trading is located at: 4800 Hedgcoxe Rd #300 Plano, TX 75024. The broker is a partner of leading clearing companies Interactive Brokers and WedBush Securities.
- Partnership with Interactive Brokers and WedBush Securities provides clients with high-quality clearing services.
The company’s activities are regulated by FINRA, NFA, and SIPC, ensuring compliance with US laws and trust from traders.
Registration Process and Account Types
To open a new account on cobratrading.com, you need to select the account type, provide personal information, and phone number.
- Individual – for individual traders.
- Joint – joint account for married couples.
- Corporate – for companies.
Other types of accounts are also available, including Trust, Partnership, Traditional, and Roth IRA.
Trading Conditions and Platforms
The minimum deposit on the Cobra Trading platform is $30,000 for Americans and $50,000 for foreigners. The broker offers various accounts, including an ECN account.
As for trading platforms, the broker offers several options, such as Cobra Trader Pro, DAS Trader Pro, Sterling Trader Pro, RealTick PRO, and RealTick Express.
Education and Service
Free broker content, including educational videos and courses in English, is available on the YouTube channel. The broker also provides a demo account feature and automatic trading for clients.
Deposit and Support
Several methods, including bank payment and transfer from another broker, can be used for transactions on cobratrading.com. Technical support operates in English and is available from 7:00 to 16:30 on weekdays.
- Contact information:
- Phones: 877-285-0920 (toll-free) and 214-771-9036 (direct).
- Fax: 972-491-3111.
- Email: info@cobratrading.com.
Reviews and Conclusion
Reviews about Cobra Trading are varied, however, the company offers reliable services and opportunities for successful trading. Read the review and make a decision on collaboration.
I had a highly dissatisfying experience with Cobra Trading. Their customer service was extremely unresponsive, making the process of troubleshooting any issues an ever-exasperating experience. The platform is confusing and not at all user-friendly. Add to that, the hidden fees that took me by surprise, completely disregarding the principles of transparency. The lack of accuracy on trade executions was the last straw that made me question their reliability. Overall, I would not recommend Cobra Trading to anyone looking for a user-friendly, affordable, and reliable trading platform. It’s proved to be more problematic than beneficial.