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Independent rating of Forex broker Cobra Trading

4/10 (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.

Comments

Author: Meryvo Date: 2021-03-30 08:51:47 (UTC+3)
For professional traders, I am pretty sure that you will also love the experience at Cobra Trading. They have advanced functionalities that are very useful in trading. Scalping at this broker is also very easy with their smooth and stable platform and tight spreads. I am personally enjoying my experience.
Author: Josh Crumb Date: 2021-02-07 13:28:55 (UTC+3)
Hello traders, To open an account with Cobra Trading broker the minimum deposit is $5,000 I think it is enough for a new trader as like me. I am analysis about them because I am searching for a stable broker. I found that their Venom Platform is the worst platform ever. In the trading time, traders get disconnected up to 20 times per hour. And when has important news releases the platform became horrible. I don't understand how could Cobra Trading broker's traders have survived on the market.
Author: Wennedy Date: 2020-12-22 02:06:33 (UTC+3)
They have a speedy order execution so all of my trading transactions are smoothly processed. I love the way they work. In this review is outlined that Cobra trading has one of the flagship programs was named MetaTrader4, I had already tried this program application, downloaded was very easy. End to the this month I made a withdraw request of $32,000 and i got the withdrawal money within same day. I am looking forward to a long and lasting relationship with Cobra trading.
Author: Rajie Date: 2020-11-30 05:37:17 (UTC+3)
I think professional traders would absolutely enjoy trading with Cobra Trading. This broker offers advanced trading tools and their platform interface is amazing. They are also generous when it comes to leverage. I have been with this broker for almost a year and I see nothing to complain about.
Author: Yartri Date: 2020-04-20 06:53:18 (UTC+3)
I would say be careful while choosing Cobra Trading because they are scam broker. They took $410 from my fund without proper explanation. I am still trying to get back my money from this broker. I have contacted with their live support many times and still do not get any help, even they stop replying me. Cobra Trading is the most awful broker I've worked with.
Author: Paul Date: 2016-09-23 10:39:21 (UTC+3)
I have chosen to close my account with Cobra Trading because I have been consistently losing money for 6 months up to 18,000USD due to their terrible trading conditions where my take profit is not triggered yet. They just trigger my stop loss double the pips set. I did complain but their support staff choses to close any dealing with Cobra Trading. is a market maker so they make sure their clients lose money by trading against them. I have continously experienced this. I strongly advice anybody from signing up with Cobra Trading if you do not want to go through what i went through. Choose an NDD/ECN Broker..SHAME ON Cobra Trading.
Author: Brooks Date: 2016-09-23 10:38:16 (UTC+3)
I want to inform you all that Premium4x trading is a big scam. They scammed me over 1200$. 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: AdamChudy Date: 2016-08-16 10:31:36 (UTC+3)
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: Hub Date: 2016-08-02 04:30:58 (UTC+3)
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: Efan Date: 2016-07-12 01:36:02 (UTC+3)
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

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