Score

1.57 /10
Danger

COBRA TRADING

United States

5-10 years

Suspicious Regulatory License

Suspicious Overrun

High potential risk

B

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Score

Regulatory Index0.00

Business Index7.45

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Cobra Trading, Inc

Company Abbreviation

COBRA TRADING

Platform registered country and region

United States

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-12-25
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • The broker's claimed United StatesNFA regulation (Regulation Number: 0402075) has not been verified. Please be alert to the risks!

WikiFX Verification

COBRA TRADING · Company summary
Cobra Review Summary
Founded2003
Registered Country/RegionUnited States
RegulationNFA (Unverified)
Trading ProductsEquities, Options
Demo Account
Trading PlatformDAS Trader Pro, Sterling Trader Pro, TradingView
Minimum Deposit$30,000
Customer SupportPhone: 877-792-6272
Email: info@cobratrading.com
Address: 3008 E. Hebron Pkwy Building 400 Carrollton, TX 75010

Cobra Information

Founded in 2023, Cobra is an online broker founded in the United States, focusing on equities and options trading. The minimum deposit is as high as $30,000. Cobra provides multiple platform choices, including DAS Trader Pro, Sterling Trader Pro, and TradingView.

Cobra's homepage

Pros and Cons

Pros Cons
Various trading productsUnverified regulation
Demo accounts availableHigh minimum deposit
Multiple platform choicesLimited payment methods

Is Cobra Legit?

No. Cobra currently only holds an unverified NFA license. Please be aware of the risk!

Regulatory Status Unverified
Regulated by National Futures Association (NFA)
Licensed Institution Cobra Trading, Inc
Licensed TypeCommon Financial Service License
Licensed Number0402075
Unverified NFA license
Domain information

What Can I Trade on Cobra?

Cobra offers trading on equities and options.

Trading ProductsSupported
Equities
Options
Forex
Commodities
Indices
Cryptos
Bonds
ETFs
Futures

Fees

Trading ProductsRates
EquitiesFrom $0.0015
OptionsFrom $0.30
Fees

Trading Platform

Trading PlatformSupported Available Devices
DAS Trader ProDesktop
Sterling Trader ProDesktop
TradingViewDesktop
Trading Platform

Deposit and Withdrawal

Based on the limited information available on their website, we found that Cobra accepts payments via check, wire and ACH transfer.

How do I withdraw money from my account?

News

NewsCobra Trading Fined $200,000 for Misleading Influencer Marketing Practices

Cobra Trading was fined $200K by FINRA for using influencers to misleadingly promote its services, violating regulatory rules on balanced information.

WikiFX
2024-04-04 15:43
Cobra Trading Fined $200,000 for Misleading Influencer Marketing Practices

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Helengigie
more than one year
I have some questions to Cobra Trading: Why do the stop and close buttons frequently get stuck, causing trading halts and preventing position closures? Why does the platform sometimes remain closed when the market is open, causing missed opportunities for users? Why are stop-loss orders triggered even when the market price hasn't reached the specified level?
I have some questions to Cobra Trading: Why do the stop and close buttons frequently get stuck, causing trading halts and preventing position closures? Why does the platform sometimes remain closed when the market is open, causing missed opportunities for users? Why are stop-loss orders triggered even when the market price hasn't reached the specified level?
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2024-02-29 14:41
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