Your choice of per trade pricing with CobraOnline or per share pricing with InstaQuote and Sterling Pro.
Equity Commissions
Cobra Online
Per Trade $7.99 unlimited shares
CobraIQ (InstaQuote)
Per Share pricing as low as $0.005 a share
$0.005 when you trade 500,000+ shares per month
$0.006 when you trade 100,000 - 499,000 shares per month
$0.007 when you trade 0-99,999 share per month
Sterling
Per Share pricing as low as $0.004 a share
$0.004 when you trade 500,000+ shares per month
$0.005 when you trade 100,000 - 499,000 shares per month
$0.006 when you trade 0-99,999 share per month
*No software rebates available for Sterling Pro.All trades have a $1 minimum commission
Option Commissions on all Platforms $7.99 + $1.00 per contract
Are you paying less than our stated rates? We would like to talk to you because we may be able to further lower your costs. Lower commission rates than those shown may be negotiated for high volume traders. Please call 877.792.6272 to discuss your commission needs.
Cobra Trading, Inc. Member FINRA, NFA, and SIPC. All rights reserved. Cobra Trading is responsible for the content of this website, and clears through Penson Financial Services. Futures and futures options trading is speculative and high-risk. There is substantial risk of loss involved in futures and futures option trading and such trading is not suitable for everyone. This site has been published in the United States for residents of the United States. The information provided on this site is not intended to be provided to, or used by any person in any jurisdiction or country where such provision or use would be contrary to law or which would subject Cobra Trading, Inc. or its affiliates to any registration requirement within such jurisdiction or country.