Cobra Trading review


3-star brokerage firm rating


Cobra Trading Minimum Deposit to Open Account



At Cobra Trading investors could open a new brokerage account with a minimum of $2,500 in cash or equity. Daytrading accounts require $30,000 to open and $25,000 minimum to maintain.




Cobra Trading Brokerage Commissions


  • Stocks and ETFs: $6.99 with CobraOnline platform
  • CobraIQ (InstaQuote) Trading Platform - $125 per month fee:
    • .006/share when you trade 0-250,000 shares per month
    • .005/share when you trade 250,000+ shares per month
  • OmniPro ($100/month fee), RealTick($250/month fee) and Sterling($250/month fee) Trading Platforms:
    • .005/share when you trade 0-250,000 shares per month
    • .004/share when you trade 250,000+ shares per month
  • All trades have a $1 minimum commission
  • Options: $5 plus $1 per contract
  • Futures: $1/contract per side for 30 days and only $2.50/contract per side after that



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