Forex Broker

Cobra Trading review

Cobra Trading

On-line since: 2013
Country of origin: USA
Regulation: FINRA, NFA, CFTC, SIPC
Payment options: wire transfer, bank cards, WebMoney
Minimum account size: $25,000
Minimum lot size: 0.01 lot
Leverage: 1:500
Spreads: floating from 1 pip

About the company:

Cobra Trading is a brokerage company established in 2009 in the USA.

The company provides its clients with such trading instruments as major and exotic currency pairs as well as options, futures and stocks. Trading can be performed via the following trading platforms: RealTick, CobraIQ, OmniPro, Sterling Trader(R) Pro, Cyborg Trader, CobraOnline, J­Trader, X_TRADER, and NinjaTrader.

Thus, traders have an opportunity to choose a trading platform which will meet most of their demands. Besides, they can open a demo account to try a chosen platform.

Cobra Trading supports its clients offering them educational courses suitable for both beginning and experienced market participants. The newbies can start with the basic course to learn the key trading aspects. Professional traders can benefit from seminars held by the leading company’s analysts.

Cobra Trading 6/10 (votes 2907)
Author of Cobra Trading: Manoel | Date 2021-06-04
The customer service of Cobra Trading is just deeply disappointing. I have been trying to reach them because I am having trouble withdrawing my profits but they are not responding. I have been waiting for a week already and no single representative contacted me.
Author of Cobra Trading: Kane | Date 2020-11-16
Their minimum size is very large. However, they were not professional. I only traded 1 time, because I immediately found something strange about this broker. I don't want to lose my $25.000 deposit. I already understand how a scam broker works. Because I was deceived before. They immediately terminated my account. I never thought that they would ever turn out to be a fraud. The just went away taking all of our money.
Author of Cobra Trading: Fransh | Date 2020-07-09
I don't recommend Cobra trading, the platform has delays, the broker is not honest and the support team is bad. I started to trade with this broker in last year, and now I’m going to move another broker after having bad things with them. When I experience difficulties with my trading, they are very difficult to contact. And resulted in losses on my trading. They do not care about the trading conditions of the clients. They only care at the beginning. After that do not pay attention to the problem of the client.
Author of Cobra Trading: Billy | Date 2020-04-06
I had made a deposit of $800 lost from my deposit till now almost $400. I requested to withdraw my money and for the past week I still wait the approval, because they don't answer to emails or calls. I accepted it because I cannot do anything about it and felt I was cheated. I had a terrible experience with this company and I will no longer continue trading with them.
Author of Cobra Trading: Gibran | Date 2019-12-31
Cobra Trading is my biggest regret. I should have been wiser in my decision and stayed away from this fraud broker. I invested $1570 at this broker and hoped for a productive journey. But not only did I encounter problems in the platform, I also experienced delays in the withdrawal of my funds. And by the time I decided to take everything and close my account, they also stopped their operations and never gave back our money.
Author of Cobra Trading: Leo | Date 2019-09-26
Trading with this broker is impossible. I tried to trade during the past 4 months, opened an account after I used their demo account which worked great. The MetaTrading 4 platform has delays, sometimes 3 seconds, and the prices aren't real at the closing of the position. The broker is manipulating the prices during news feed and volatility times, you can't make a big profit. I had made a deposit of $1000 lost from my deposit till now almost $500. I requested to withdraw my money and for the past week I still wait the approval, because they don't answer to emails or calls. I will close my account and search different one.
Author of Cobra Trading: Liviapip | Date 2018-06-06
I had a an account with Cobra Trading but I closed it after I had a lot of negative slippage, delays on the platform meta trader 4. I called their support team to fix this issues, but they aren't answering the phone or emails. I lost during 4 months of trading around 1200$ trading currency pairs and metals. The broker is not honest. I now wait to withdraw or to get the approval to withdraw my money and close the account.
Author of Cobra Trading: Vanessapip | Date 2018-04-05
I started to trade with Cobra Trading after trying their demo account. The platforms I use with real account are Sterling Pro platform and Real Tick. Both have delays. I called support team, they check and from there server looked fine. I checked with the internet provider and my internet connection worked fine as well. Still the platforms have delays. My trading is with medium term and short term positions for currency pairs EUR/JPY and EUR/GBP. I made a profit the first two months of 500$, which now I start to lose because of the delays.
Author of Cobra Trading: Bitto | Date 2018-02-19
I don't know, how this so called broker (cobra trading) is still in the market, because with my experience with this broker, it is just a pure scam. I opened an account 2 months ago with $2500 which I deposited through wire transfer. Traded on EUR/USD, USD/JPY, Gold and Silver, which I don't think should bring any issues in trading them on the platform. However, I noticed the market was in my favor and I have made some profits, which I decided to close my open deals, but I couldn't close them, I called the support department, they ask me to hold on, and my call was put on hold. I was able to lose $2200 out of my investment.
Author of Cobra Trading: Athefx | Date 2018-01-04
Real Tick platform works with slow execution and delays. I tried for a couple of months to trade with Cobra, and I lost from my deposit 900$ because of the platform delays and poor server connection. I trade major pairs EUR/USD,GBP/USD, USD/CAD, USD/CHF and Gold, so not that special. I called their support team and I was put on hold for 20 minutes after that was busy line. I will withdraw my money and I will close the account.
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