Cobra Trading Review

Cobra Trading Logo

Cobra Trading is a U.S. broker that offers direct market access via a variety of flexible and powerful trading platforms and tools, offering stocks and options trading. The broker was founded in 2013 to serve professional stock traders who are looking for personalized service. They provide competitively priced stock and options trading fees with a $1 trade minimum.

Cobra Trading Platforms & Tools

Cobra Trading provides traders with a selection of powerful and advanced trading platforms that are flexible, customizable, and contain a vast array of built-in tools for advanced analytics. The trading platforms include:

Cobra TraderPro

This is the most inexpensive option for those who do not want to pay a premium for the trading platform, and it has the required tools and functions needed for efficient trading. It contains real-time level 2 market data, direct market access, advanced charting, hot keys, and a short locate monitor.

Cobra Trading Review - Cobra TraderPro
Cobra Trading Review – Cobra TraderPro

DAS Trader

This trading platform offers a real-time environment, which facilitates multiple advanced order types, basket trading, detailed charting, and multi-account managers. It has a range of powerful features built into one single platform.

Cobra Trading Review - DAS Trader
Cobra Trading Review – DAS Trader

Sterling Trader

This is a fully customizable platform that offers a smooth trading environment. It provides direct market access for trading equities and options.

Cobra Trading Review - Sterling Trader
Cobra Trading Review – Sterling Trader


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.

Cobra Trading Review - RealTick
Cobra Trading Review – RealTick

Cobra Trading Research & Education

The broker has a trading blog and YouTube channel with contents that are aimed at improving clients’ skills and knowledge.

Cobra Trading Trading Accounts

Cobra Trading has a variety of accounts to choose from depending on your individual needs. The following account types are available for Cobra Trading clients.

  • Individual Accounts
  • Joint Accounts
  • Corporate Accounts
  • LLC Accounts
  • Partnership Accounts
  • Trust Accounts
  • Retirement Accounts
  • Margin Accounts (1:4 for day-trading and 1:2 for overnight).

The minimum account opening deposits for day trading account is $30,000 ( with $25,000 minimum maintenance balance) for United States residents and $50,000 (with $25,000 maintenance balance) for Non-United States residents.

Cobra Trading Account Funding

Cobra Trading brokerage accounts can be funded via wire transfer, Check, ACH transfer, or account transfer from another broker (ACAT) using the account transfer form.

ACAT transfers typically take between 3-8 business days to complete depending on which broker currently holds the account. Bank transfers may take a few business days to clear, while some methods can be instant.

Cobra Trading Customer Service

The broker has a customer support team that is committed to offering personalized customer service to clients. They are available Mondays to Fridays, from 7:00 am to 4:30 pm and can be reached via telephone, email, or online chat.

Cobra Trading Regulation

Cobra Trading is a member of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). FINRA is an independent organization that regulates its member brokers and exchange markets, while the NFA is the self-regulatory organization for the U.S. derivatives industry.

Cobra Trading Review Summary

Cobra Trading is a regulated US brokerage firm. It is ideal for professional stock and options traders who require premium trading platforms. The platforms are powerful, fully customizable, and contain a vast array of analytical tools.

Cobra Trading













  • Premium trading platforms and tools
  • Stocks and options for online trading
  • A responsive customer support team