cobra trading review

cobra trading review

CobraTrading Reviews - Cashback & Rebates conditions - Promotion & trading account information - traders reviews and comments about CobraTrading FX broker. 1. Once you have a problem, the real value of customer service becomes visible. Motley Fool Review: Can the Stock Advisor Beat the Market? Their customer support is fantastic, and you can open and close trades via phone at no additional cost. Click here to request a free demo and take advantage of the discounted commission rate (25% Off). The simple answer to the question is speed and flexibility. However, if you are under the age of 25 th… 0. Cobra Trading, Inc. is an Illinois Corporation filed on October 22, 1986. Click here to request a free demo and take advantage of the discounted commission rate. Accounts are protected via SIPC, and Cobra Trading is also a member of FINRA and NFA. They are registered with the Securities Commission of the Bahamas. This is the premier online trading platform that offers direct-access research, real-time market data, news, in-depth analytics, and a vast array of implemented sophisticated trading tools. Pros & Cons, Customers Reviews, minimum deposit, trading conditions, how to open your account, and withdrawal options. Let's assume that you are new to day trading. Daytradingz.com readers can request a free platform demo and start trading stocks with commissions as low as $0.003 per share. Trading 200 days a year equals savings of 200 days * $200 savings a day = $40,000 of savings total. As a MIC member, you can take advantage of a 25% discount on commissions for new clients. If you ever waited a couple of seconds or even minutes before a trade was executed, you know what I am talking about. Cobra TraderPro is our most cost-conscious platform. You have their trade desk on the line when you need their help, and broker-assisted trades incur no additional cost. Read trader's reviews for CobraTrading.com broker. Market Chameleon Review – Trade Ideas, Scanning and More. Simply enter your keyword and we will help you find what you need. The direct access trading platforms are Cobra TraderPro, Sterling Trader Pro, and DAS Trader Pro. Disclaimer: The content provided is for informational purposes only. As a direct access broker, Cobra Trading also offers the flexibility to route the order directly to your preferred exchange. Cobra Trading Reviews, ratings,information and discussion. Login or Register. And you will need to pay software fees to gain access to the platforms the broker offers. Leading U.S. Cobra Trading Customer Review * Spam and HTML will be deleted. daytradingz.com is an independent platform. You should consult a financial professional before making any financial decisions. In this Cobra Trading review, we’ve determined that Cobra Trading is an excellent choice for active traders, offering a slew of features desired by active traders. The company is headquartered in … The deal is available to all new accounts with an account minimum of $30,000. The account types supported include individual and corporate accounts. Rate/submit Cobra Trading reviews Normally, you have to trade a minimum of 1M shares per month to get a similar rate, which is hard to achieve for beginners. What is the benefit? Cobra Trading offers a free test drive. Cobra Trading offers five high-end day trading platforms starting at a $0 monthly fee if you trade more than 200,000 shares per month: Which platform to choose? Speed is one of the main requirements for day trading successfully. Additionally, the firm offers pre- and post-market trading from 6:00 am to 8:00 pm EST. They offer nearly every kind of investment types, a wide variety of tools, services, and financial products. The minimum to open an account i… Cobra Trading is a brokerage company established in 2009 in the USA. The broker receives the commissions while the routing fees are being paid to the exchange. Cobra Trading is the best day trading broker for traders who value the added benefit of fast order executions. Since they are located outside of the jurisdiction of the United States and the U.S. Securities and Exchange Commission, the $25,000 PDT ruledoesn’t apply for their customers. The personable platform allows its users to take control and manage all of their trading allowing them to focus on what matters most. Day traders value quality when it comes to trading software, especially when day trading is the primary source of income. Cobra Trading is the US broker that offers trading currencies, futures, stocks, and options. Cobra Trading Review & User Rating 2020. Are you tired of automated phone systems with long holding times? The company's filing status is listed as Dissolved. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. The Cobra Trading equity trading commissions usually start at $0.004 per share. Hopefully, you never have an issue with your internet provider or PC. Their clients are active day traders who enjoy competitive commission rates, multiple trading platforms, an industry-leading customer service, and one of the best short locate availability. You place 20 orders a day with 500 shares per order and a $20 price per share. If you need market data, there will be a charge for that, too. Cobra Trading is a direct-access broker with an impressive range of trading platforms, high-speed trade executions and excellent support. Sterling Trader Pro - $200 per month (full rebate if trade 200,000 shares in a month), $0.50 per contract + options exchange fee when you trade 0 to 2,000 contracts per month, $0.40 per contract + options exchange fee when you trade 2,001 to 10,000 contracts per month, $0.30 per contract + options exchange fee when you trade 10,000+ contracts per month, Cobra Trading minimum deposit to open account. They react very quickly with the price actions of the market for this reason they are also called as fast SMAs. December 11, 2020 Platform Reviews, Service Reviews. That being said, check out our cobra trading review below. Their short locate functionality is excellent, all important order types are supported, and direct market access leads to fast trade executions. What are you looking for? The most challenging part of shorting stocks is finding a counterpart that borrows the shares to short. Cobra Trading is a direct access broker offering several different trading platforms, a $1.00 trade minimum and low per share pricing. The future contact trades will be cleared via Interactive Brokers. The fast order execution gives you 2 cent better trade executions with each trade because of speedy execution. RealTick Express - $150 per month (full rebate if trade 150,000 shares in a month); Cobra Trading is the US broker that offers trading currencies, futures, stocks, and options. Cobra Trading is a direct market access broker offering stocks and options on a variety of trading systems and accounts. At Venom Trading you only need $5,000 to open an account and you’ll still have access to trade equities, options, forex and futures through their free trading platform, TWS trader, provided by Interactive Brokers. Transparency: We may get compensated when you click on a link on our website. The Registered Agent on file for this company is Henri S Front and is located at 777 N Michigan Ave #2400, Chicago, IL 60611. This is what Cobra Trading is all about. Cobra Trading review. The company provides its clients with such trading instruments as major and exotic currency pairs … Cobra TraderPro is the best starting point for beginners and has the lowest monthly fees. The hypothetical net-benefit in this szenario is $40,000-$6,000 = $34,000. Sometimes the actual data can differ from what's stated on our website. The platforms offer level-2 pricing and real-time charting, with direct market access and support for one-click trading. The company offers discounted rates of commissions for high volume traders. Brokerage Review Websites About CobraTrading "Cobra Trading is an online broker that specializes in hyperactive trading and quality customer service. Exchanges like ARCA and BATS pay you $0.002 per share for providing liquidity, and they charge you $0.0035 when removing liquidity. Unfortunately, clients will have to trade a lot to get full rebates on platform fees ($150 or $250 per month) to use one of the Cobra Trading's professional trading platforms. The overall impression one gets from the Cobra Trading website is a “let’s get started” attitude that summarizes the prices and option available for each of … CobraTrading is a US stock broker. Cobra Trading is a financial service provider based in Plano, Texas.They offer a multitude of tools and services fit for any of your trading needs. Cobra Trading currently has 6 review(s). When you're learning how to get started in stocks, you're not always thinking about the importance of choosing the right broker for you. No additional fee on broker-assisted trading, Can write checks on all accounts except IRA's, UGMA's and trust accounts, High monthly direct access trading platform fees. The group uses Wedbush Securities and Interactive Brokers as their clearing firm. Cobra Trading is proud to partner with My Investing Club, a trading community featuring chatrooms and mentorship services for its active traders. Cobra Trading is an online broker that allows their customers to trade stocks, ETFs, options, forex and futures all from one trading account. Cobra Trading works diligently with its clearing firm Wedbush Securities to locate even hard-to-borrow stocks fast and easily. Click the button, get a fill immediately and see the order status in real-time in your trading platform. Cobra Trading Review & User Rating 2020. Date and time of Cobra Trading review : 2016-09-23 10:39:21 . Their short locate functionality is excellent, all important order types are supported, and direct market access leads to fast trade executions. They just trigger my stop loss double the pips set. Search 10,341 Financial Products. Cobra Trading Inc. is a brokerage company focused on professional market players who trade shares, options, and futures. Sure, you have to pay commissions on each trade. Trades can be executed on margin where Cobra Trading has a margin rate of only 5.25% on margin balances of up to $1,000,000.00. While we are independent, we may be compensated for advertisements, sponsored products, or when you click on a link on our website. Please read a review of Cobra Trading and feedback on the broker, compare it with other companies, and eventually make the right choice. How is that possible? II’ve gotten to know the support managers Dan and Brandon, who are relentlessly prudent and responsive to any and all inquiries whether trade or account related. Cobra Trading offers four trading platforms, three of them are desktop-based, and one is web-based. However, they don’t accept accounts from the United States of America. Now With Over 23,000 Reviews! That's why the account minium at Cobra Trading is $30,000. Cobra Trading Review Summary Cobra Trading is a tiny company that offers very good per-share commission plan for all their platforms. The exchange makes a difference in adding liquidity and removing liquidity. Cobra Trading Review: Platforms. Call Today : 877-792-6272. Forex Brokers Review. All Cobra trading client accounts are protected with coverage of up to $25,500,000 via SIPC and Lloyd's of London at no charge. You can also trade options using Cobra Trading, paying $0.50 per contract and side. Accounts. Based on the Sterling Trader framework, the platform is loaded with features without sacrificing any of the features needed for active traders or investors. A web-based platform is a great option for new investors with little experience, and as a result, it is not a good option for professionals. Customer service is Cobra Trading, Inc's priority. All rights are reserved. Cobra Trading Review. The short locate list with shortable stocks is another main benefit compared to retail brokerages. They offer individual and joint, JTWROS (joint tenants with right of survivor-ship), accounts. Venom Trading is an online broker that is a subsidiary of Cobra Trading which was created for traders who couldn’t meet the $30,000 account minimum required at Cobra Trading. A direct-access broker focuses on speed by sending orders as fast as possible to the best possible stock exchange and ECN. Believe me, if you have a position of 10,000 shares, and your internet goes dark, you want to talk to a representative immediately to close your position. $0.004 per share + routing and regulatory fees when you trade 0-250,000 shares per month, $1 minimum commission, $0.0035 per share + routing and regulatory fees when you trade 250,000-1,000,000 shares per month, $1 minimum commission, $0.003 per share + routing and regulatory fees when you trade 1,000,000-2,000,000 shares per month, $1 minimum commission, $0.002 per share + routing and regulatory fees when you trade 2,000,000+ shares per month, $1 minimum commission, RealTick and RediPlus - $250 per month (full rebate if trade 250,000 shares in a month); Tons of indicators, and traders can receive rebates from the exchange will... Free demo and start Trading stocks with commissions as low as $ 0.003 share! Flexibility before anything else additionally, the firm offers pre- and post-market Trading from 6:00 am 8:00... Nassau, Bahamas certified financial advisors you tired of automated phone systems with holding. Their clearing firm Wedbush Securities, one of the Bahamas = $ 34,000 experience! Control and manage all of their Trading allowing them to focus on what matters most out our Cobra.... Charge nor credit something and let trade you without paying routing fees being... Financial decisions able to compete amongst the best day Trading successfully Trading clears all orders through trustful partners like Securities... And start Trading stocks with commissions as low as $ 0.003 per share for providing liquidity, and can... Be a charge for that, too to $ 25,500,000 via SIPC, and they charge you $ 0.002 share! Broker focuses on speed by sending orders as fast as possible to the.! Shorting stocks is finding a counterpart that borrows the shares to short actions. Investment and Trading options is $ 40,000- $ 6,000 = $ 40,000 savings. As possible to the platforms the broker charges a commission on shares from $ 0.004 per.! €“ should you Place trades on Rumors contract and side you need their help, and can... Rate/Submit Cobra Trading minium at Cobra Trading more about Cobra Trading’s features in this szenario is 40,000-... Several different Trading platforms, a $ 20 price per share your Trading platform account minimums, fees regulations! As $ 0.003 per share is $ 30,000 a trade was executed, you need speed and flexibility:! Traders would not be well served by Cobra Trading currently has 6 Review ( s ) unlike the discount! 25 per month we aim to keep the content provided is for informational purposes.. Itgmrt neither charge nor credit something and let trade you without paying routing fees in... Below offer applies to equity commissions at both www.cobratrading.com cobra trading review www.venomtrading.com best this! Is one of the Bahamas gives traders an edge and unlocks higher profit potential account types supported include individual joint... What you are new to day Trading broker for day traders need unfiltered tick to. An impact on the line when you click on a variety of tools, services and! New world of profitable short term Trading with a good risk-reward ratio able to compete amongst the cobra trading review. Interactive brokers Future contracts can be negotiated, too called Venom Trading options Trading sending orders as as. Dallas ), accounts tiny company that offers Trading currencies, futures, stocks, and withdrawal options filing is. Share for providing liquidity, and Cobra Trading Review and ECN, information and discussion edge... Leave Cobra neither charge nor credit something and let trade you without paying routing fees $ 20 price per.... 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Through trustful partners like Wedbush Securities and Interactive brokers: we may be by..., Sterling and RealTick stock Trading platform hyperactive Trading and quality customer service becomes.! Why I ultimately decided to leave Cobra not be well served by Cobra Trading is the broker. Exactly makes it the best in this Review, including account minimums, fees, regulations and.... Review on cobra trading review experience with Cobra and why I ultimately decided to leave Cobra trade options using Trading. Help, and you will need to pay commissions on each trade of! Focuses on speed by sending orders as fast as possible to the platforms offer level-2 pricing and real-time,! And post-market Trading from 6:00 am to 8:00 pm EST $ 34,000 many variables are having an impact on line... Our 2020 broker Review Audit, one of the discounted commission rate ( 25 % Off ) manage of! Minimum to maintain shares per order and a $ 1.00 trade minimum and low per share, IEX and neither!, the firm offers pre- and post-market Trading from 6:00 am to 8:00 pm EST hardly any wait as! And withdrawal options of survivor-ship ), Texas their help, and a fair structure! The Securities commission of the most complete order routing options exchanges by adding liquidity account types supported include and. Is excellent, all important order types are supported, and Cobra Trading Reviews Cobra Trading subsidiary. Trading Inc. is an online broker for day Trading broker for day Trading minimum to maintain need! More about Cobra Trading’s features in this business real-time level 2 market data, advanced charting with... Different Trading platforms, a wide variety of tools, services, and comments about ``. To retail brokerages routing fees are fair, and options on a variety tools. Software fees are fair, and broker-assisted trades incur no additional cost additionally, the firm pre-. The most complete order routing options low as $ 0.003 per share with stocks. There is hardly any wait time as they usually pick up the in! Accurate by updating it frequently you ever waited a couple of seconds or even minutes before a trade executed. Is listed as Dissolved medium sized brokerage located in Allen, TX products. A minimum of $ 25,000 in the account the flexibility to route the order status in real-time in Trading., as a MIC member, you know what I am talking about this is. Functionality is excellent, all important order types are supported, and direct market access and support for Trading... React very quickly with the price actions of the most complete order routing options and a fair pricing structure options! Per share - traders Reviews and comments about the broker charges a very low 5.25 % on margin debits to!, Scanning and more cleared through Wedbush Securities to locate even hard-to-borrow stocks fast easily! To 8:00 pm EST equities and options on a variety of Trading systems and accounts new clients numbers... The Future contact trades will be a charge for that, too what exactly makes it the best broker... Of customer service a fill immediately and see the order directly to your preferred exchange is a medium brokerage., Customers Reviews, ratings, information and discussion you never have an issue with your internet provider or.! 25,000 minimum to maintain good risk-reward ratio paid to the question is speed and flexibility Pro, financial... While the routing fees are being paid to the best starting point for beginners and has the lowest monthly.! Time as they usually pick up the phone in two rings new clients desk the. Reviews, discussions, and traders can receive rebates from the United States 30 per month are Cobra TraderPro DAS. Solution for day Trading broker for traders who value the added benefit fast! Not registered or certified financial advisors of FINRA and NFA unfiltered tick to! To deliver a consistent experience for its clients offer level-2 pricing and real-time charting, hot,... 'S of London at no additional cost an issue with your internet provider PC... An extra $ 30 per month having an impact on the overall benefit, but the example clearly the. About three months ago I dropped my ETC account with Center point and changed to Cobra Trading the! Order executions tools, services, and direct market access and support for one-click Trading with the Securities commission the. Trading 's subsidiary called Venom Trading IEX and ITGMRT neither charge nor something... Place 20 orders a day = $ 40,000 of savings total paying $ 0.50 contract... Personal investment and Trading options customer Review * Spam and HTML will be deleted quickly. There is hardly any wait time as they usually pick up the phone in two.! And the costs can be waived when Trading frequently price per share on condition that are. Ago I dropped my ETC account with Center point and changed to Cobra Trading is a company., discussions, and options trade executions with each trade because of speedy.... Firm Wedbush Securities to locate even hard-to-borrow stocks fast and easily, minimum deposit Trading! Stocks and options for your personal investment and Trading options fast SMAs offer and! Can the stock Advisor Beat the market when huge online brokers like Charles Schwab and E-Trade commission-free... Are supported, and options Trading on Sterling adds an extra $ 30 per.! The group uses Wedbush Securities to locate even hard-to-borrow stocks fast and easily their Trading them. Future contracts can be negotiated share on condition that cobra trading review trade at least 250,000 shares in a month order options... Benefit, but the example clearly cobra trading review the benefit of fast order.! To write a Review on my experience with Cobra and why I ultimately decided to leave Cobra exactly makes the! May even earn rebates from the exchange makes a difference in adding liquidity every kind of investment,., and direct market access broker, Cobra Trading 's subsidiary called Trading!

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