Take advantage of Cobra Trading promotions, bonuses, and offers today and start trading with an advance online trading platform.
Current promotions from Cobra Trading includes a free platform demo.
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Webull | 12 Free stocks & free trades | Review |
Cobra Trading Account Summary
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. The personable platform allows its users to take control and manage all of their trading allowing them to focus on what matters most.
Their detailed and complex interface lets all of their users manage their trade and investments while effortless guiding them to all of their goals. The platform also allows access to certified broker-assisted trading for any user that need help in reaching their goals.
- What you’ll get: Free Platform Demo
- Eligible account: Online Trading Account
- Account Type: Investment Account
- How to earn it:
- Sign up for the Free Demo online with your contact information
- Monthly Fee: None listed
- Online Trades: $4.49/trade
(No expiration date listed)
How To Earn Free Platform Demo
- Free Demo Bonus:
- Sign up for the Free Demo online with your contact information
- Lowest pricing in the industry and offers discounted commission tiers for high volume traders
- Choose any of their direct access platforms to get immediate access to the market makers with no proprietary trading desk to slow your execution.
- Cobra Trading charges a low 4.00% margin rate on margin balances of $1.00 or $1,000,000.00.
- Cobra Trading has carefully selected Wedbush Securities to clear your trades.
- Wedbush provides excess Securities Investor Protection Corporation (“SIPC”) coverage for each client account carried by Wedbush on behalf of Cobra Trading.
- Commissions on equities start at .004 cents per share if you trade less than 250,000 shares/month
- Price drops to 0.002 cents if you trade over two million shares per month
- Highest rate you’ll be paying is $4 per thousand shares
- For options, you’re looking at 50 cents per contract if you trade less than 2,000 contract/month
- 30 cents/contract if you trade more than 10,000 contract/month
- Trades are subject to $1 minimum commission charge along with ECN and exchange fees
- RediPlus is $250 per month; if you trade more than 250,000 shares per month, it’s free.
- You should expect this product to hold up to it’s caliber with a robust and very powerful trading platform that will exceed the needs of any active day trader or casual investor.
- Exceptional Speed and reliability/capability of trading complex option strategies
- Level 1 and 2, advanced charting, hotkeys, etc.
- Sterling Trader Pro is also $250 per month; if you trade more than 250,000 shares per month, it’s free.
- Expect robust features such as hotkeys, advanced charting, advanced orders, real-time news and portfolio management tools.
- RealTick EMS is $150 per month unless you trade over 150,000 shares per month, then it’s free
- Advanced charting, order entry, hotkeys, and custom buttons, custom scanners, real-time news, etc.
Conclusion
Cobra Trading’s strength lies with their competitively low commission on trades and options as well as their focus on hyperactive trading and customer service, however, their trading platforms are quite expensive, running as high as $250 per month for their most advanced trading platform.
Moreover, their trading platforms are all third-party, but you will be able to get a free-demo out of it by request. Considering that they still have customer service and commission rates that just can’t be matched makes this a prime candidate for top online brokerage.
See our full list of Brokerage Bonuses and the Best Robo-Advisors!
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