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COBRA TRADING

Moderate riskStockbroker
🇺🇸 United States · 5-10 years · since 2019-04-29 · Cobra Trading, Inc
This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
40/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot—/5
Forex Peace Army—/5
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COBRA TRADING operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
40
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameCobra Trading, Inc
Headquarters🇺🇸 United States
Founded2019-04-29
Years operating5-10 years
Employees0
Official websitecobratrading.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
3008 E. Hebron Pkwy Building 400 Carrollton, TX 75010

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Cobra Trading is a US-based stockbroker targeting active day traders with high minimum deposits and no regulatory oversight. While the firm's use of established clearing partners like Wedbush and Interactive Brokers provides some operational credibility, the absence of a regulatory license is a significant risk factor. Traders should exercise caution and verify the broker's compliance with applicable laws before committing funds.

Best for
  • Active US day traders
  • Traders needing advanced platforms like DAS and Sterling
  • Traders with high capital (above $30,000)
Not for
  • Regulation-seekers
  • Beginners or low-budget traders
  • EU or international clients
Period:

Real user reviews

Where COBRA TRADING operates

Active across 19 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇺🇸 United States
🇩🇪 Germany
🇲🇽 Mexico
🇻🇳 Vietnam
🇨🇦 Canada
🇮🇳 India
🇵🇪 Peru
🇫🇷 France
🇮🇹 Italy
🇲🇾 Malaysia
🇯🇵 Japan
🇪🇸 Spain
🇸🇦 Saudi Arabia
🇵🇭 Philippines
🇹🇷 Turkey
🇪🇬 Egypt
🇧🇪 Belgium
🇳🇱 Netherlands

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What COBRA TRADING says about itself as stated by the broker · not independently verified by FXCanary

About Cobra Trading

According to its website, Cobra Trading has been serving active equity and option traders since 2004. The broker states it offers sophisticated trading tools and unparalleled support to competitive day traders who want to capitalize on every opportunity by trading faster and more efficiently. Unlike other online brokers, Cobra Trading emphasizes a highly proactive and responsive Support Team as a secret weapon for elite traders with aggressive strategies.

Account Opening and Minimums

Cobra Trading's website states the minimum to open an account is $10,000, but due to the Pattern Day Trader (PDT) rule, no trading below $25,000 is allowed before June 4th. The broker directs prospective clients to contact their sales team for questions and provides an online account opening process. They also mention that account applications are available to start traders on the path to reaching their goals.

Trading Platforms

Cobra Trading offers a suite of platforms including DAS Trader Pro, Sterling Trader Pro, and TradingView integration. DAS Trader Pro is described as an industry leader in direct access trading technologies with advanced order types, charting, and multi-account management in a real-time environment. The broker also offers web and mobile trading solutions.

Clearing Firms and Infrastructure

The broker's website indicates it offers a choice of two clearing firms: Wedbush Securities and Curvature Securities. Additionally, Cobra Trading maintains a clearing agreement with Interactive Brokers for use in its Venom Trading division at venomtrading.com. This suggests a multi-clearing setup to accommodate different client needs.

Additional Services and Resources

Cobra Trading provides a range of resources including FAQs, a request-a-demo option, and a community section. They also have a Prime service and a careers page. The broker claims to be committed to providing a high level of support to current and future traders, with contact options including phone and live chat.

About COBRA TRADING

Company Background

Cobra Trading is an online broker based in the United States, with a registered address at 3008 E. Hebron Pkwy Building 400, Carrollton, TX 75010. According to company records, the firm was founded in 2019, though its website claims to have been serving traders since 2004. The broker focuses on equities and options trading, primarily targeting active day traders with sophisticated platform needs.

Regulatory Status

As of the latest information, Cobra Trading does not hold any regulatory licenses from major financial authorities. The broker is not registered with the U.S. Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) as a regulated broker-dealer. This lack of oversight means that client funds may not benefit from the same protections as those at regulated firms, such as SIPC insurance or segregation requirements.

Account Types and Minimum Deposits

Cobra Trading offers a single account type geared toward day trading. The minimum deposit to open an account is $30,000 according to our records, though the website states a $10,000 minimum with a Pattern Day Trader (PDT) rule restriction requiring a $25,000 account balance for active trading. This high threshold positions the broker as a premium service for well-capitalized traders rather than retail beginners.

Trading Platforms and Technology

The broker provides access to several advanced trading platforms: DAS Trader Pro, Sterling Trader Pro, and TradingView. These platforms are popular among active traders for their direct market access, advanced order types, and real-time analytics. Cobra Trading also offers web and mobile trading options, though the emphasis is on professional-grade desktop solutions.

Clearing and Execution

Cobra Trading clears trades through multiple firms: Wedbush Securities and Curvature Securities for standard accounts, and Interactive Brokers for its Venom Trading division. This multi-clearing approach allows the broker to offer flexibility in execution and financing. However, the use of multiple clearing houses may introduce complexity in trade settlement and reporting.

Target Audience

Cobra Trading is clearly aimed at experienced, high-volume day traders who require fast execution, short-locate availability, and robust platform functionality. The high minimum deposit and focus on pattern day trading rules indicate that the broker is not suitable for casual investors or those with limited capital. Its marketing emphasizes support for 'elite traders with aggressive strategies.'

Public Information and Transparency

Publicly available information on Cobra Trading is limited to its own website and a few aggregated industry databases. There are no independent user reviews or third-party audits readily accessible. This lack of independent feedback, combined with the absence of regulatory oversight, makes it difficult for potential clients to assess the broker's reliability and service quality from external sources.

Overview compiled by FXCanary from regulatory records and public data. full COBRA TRADING review