134 brokers
21299 reviews

Cobra Trading

3/10 (votes 100)

On-line since 2013
Country of origin United States
Regulation FINRA, NFA, SIPC
Payment options check, wire, and account transfer
Minimum account size $25,000
Minimum lot size 0.01 lots
Leverage 1:500
Spreads floating from 1 pip
The main office of this US brokerage company is located in Seattle, Washington. Cobra Trading pays a lot of attention to relations with its customers.
The broker offers traders several account types. The minimum deposit makes up $25,000 for a standard account and $50,000 for an ECN account. In addition to major and exotic currency pairs, clients can trade options, futures, and stocks through four platforms: RediPlus, RealTick EMS, RealTick Express, RealTick Ultralite. The platforms can be first tested on a demo account.
Cobra Trading also provides its customers with educational courses, which suit both novices and experience traders, and analytical materials.
Author of Cobra Trading review: Paul. Date and time of Cobra Trading review: 2016-09-23 10:39:21
I have chosen to close my account with Cobra Trading because I have been consistently losing money for 6 months up to 18,000USD due to their terrible trading conditions where my take profit is not triggered yet. They just trigger my stop loss double the pips set. I did complain but their support staff choses to close any dealing with Cobra Trading. is a market maker so they make sure their clients lose money by trading against them. I have continously experienced this. I strongly advice anybody from signing up with Cobra Trading if you do not want to go through what i went through. Choose an NDD/ECN Broker..SHAME ON Cobra Trading.
Author of Cobra Trading review: Brooks. Date and time of Cobra Trading review: 2016-09-23 10:38:16
I want to inform you all that Premium4x trading is a big scam. They scammed me over 1200$. Detail here: XAU/USD. The price was gone done from 1666, and I opened 10 sell trade on 1661. When I earn profit, I closed some trades in profit. Suddenly, the price went up from 1658 to 1674, I loose 650$. Next day, when price goes from 1776 to up, I wait 1.30 hours movements goes to 1675/ 1676. However, when I open buy trades, after 10 minutes, price goes down from 1677 to 1670/1665/1662/1658/1652/1651. Stop Loss was 1653, and all trades closes and loss were 260.454. Once all trades was closed, the price start goes up now 1662. So I suggest you not invest at any kind of forex trading. All are scam. My friend also loost lot of money, approximately 2500 to 3000$. All lost of mine throw Premium4X. I will submit complaint to many other traders
Author of Cobra Trading review: AdamChudy. Date and time of Cobra Trading review: 2016-08-16 10:31:36
I got a lot of response from others traders about Cobra Trading's bad executions, bad platform and poor deposit and withdrawal systems. Scalping is allowed with this broker however, you need to follow their rules. They tighten their rules on scalping.
Author of Cobra Trading review: Hub. Date and time of Cobra Trading review: 2016-08-02 04:30:58
i have been awaiting a small withdrawal from this bank for 3 weeks. stay away. clueless staff. I am going to sue to get my money be careful. they are crooks
Author of Cobra Trading review: Efan. Date and time of Cobra Trading review: 2016-07-12 01:36:02
After waiting two weeks on a debit card withdrawal that never went thought they returned my money as a debit card return. This put my money back in my account in only a few days. They went out of their way to fix this for me
Author of Cobra Trading review: fxteosammyal. Date and time of Cobra Trading review: 2016-06-28 08:26:23
Trading platform is very slow and unstable, the execution very very slow and it is very difficult to trades with this broker. You'll be disappointed when you want to place an order with good price. Intentionally delaying your orders to execute.
Author of Cobra Trading review: claudia_pip. Date and time of Cobra Trading review: 2016-04-07 17:00:37
I don't recommend this broker to trade in currency market. Minimum deposit is too high, especially for newbies and they don't offer a good support for clients. Platform suffers from several slippages all the time, so there is no way to generate earnings.
Author of Cobra Trading review: Chevrier. Date and time of Cobra Trading review: 2016-04-06 04:30:27
The best decision ever made, Cobra Trading is solid and stable company, board of directors are always working to grow and secure the investment made for their investors.
Author of Cobra Trading review: Fxtoshiba. Date and time of Cobra Trading review: 2016-04-05 07:07:24
They are totally unprofessional and not helpful at its best and just plain rude at its worst. I’ve asked for my withdrawal. Instead of helping and showing concern, they kept on telling me that it’s my fault. No matter what, the customers are always right. Haven't you heard that? They need a serious personnel revamp and the HR Department should learn to hire people with good work ethics at least.”
Author of Cobra Trading review: Boy. Date and time of Cobra Trading review: 2016-04-04 07:43:53
The server loses its connection during Asian session. No reason to stay because it affects me a lot.

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