Trading Futures
Whether you are new to trading or an experienced professional we are dedicated to expanding our clients’ opportunities.
Venom Trading
As an NFA member firm, Cobra Trading, Inc. is proud to offer futures trading through our Venom by Cobra Trading brand. Venom Trading clears exclusively through Interactive Brokers and allows customers the ability to trade equities, options, forex, and futures from a single account.
With Venom Trading, Cobra offers access to the Trader WorkStation (TWS) platform as well as mobile and web-based platforms.
Frequently Asked Questions
How do I open an account with Cobra Trading, Inc.?
Click here to Open an Account. Should you have any questions please reach out to our sales team at sales@cobratrading.com
What is the minimum to open an account?
Day-Trading Accounts
- United States residents:
- $10,000 to open account
- $9,000 minimum balance must be maintained in each day-trading account.
- Non-United States residents:
- $10,000 to open account
- $9,000 minimum balance must be maintained in each day-trading account.
Non Day-Trading/Below PDT (Less than $9,000)
Please visit https://www.venomtrading.com or contact us for information about our Venom by Cobra Trading brand which offers accounts with starting deposits of as little as $3,000.
How do I transfer an account to Cobra Trading, Inc.?
Transferring an account from another firm requires an Account Transfer (ACAT) form and a copy of the most recent account statement for the account being transferred. You can obtain an ACAT form by contacting a Cobra Trading representative. These transfers typically take 3-8 business days to complete depending on which broker currently holds the account.
How do I fund my trading account?
You may fund your Cobra Trading account by check, wire, or account transfer.
By Check: Check funding is only available for accounts cleared at Wedbush, Curvature Clearing does not accept checks. Please make check payable to “Wedbush Securities”. If you have been issued an account number please include it on the memo line of the check.
Mail To:
Cobra Trading, Inc.
3008 E. Hebron Pkwy, Building 400
Carrollton, TX 75010
By Wire: Please provide your bank with the following wiring instructions:
For Wedbush Clearing (Accounts containing RB)
Bank Name: U.S. Bank
Bank Address: 80 S 8th St. #224, Minneapolis, MN 55402
ABA number: 123-000-848
Beneficiary: Wedbush Securities Inc/SunGard
Account Number: 153910900825
Further Credit to the Account of_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Customer Name and Account Number
For Curvature Clearing (Accounts containing CV)
ABA/Routing: 071000288
BMO Harris Bank N.A.
111 West Monroe Street, Chicago, IL 60603
For the account of: 2100824
FFC To: Account Name & Account Number (1CVXXXXX)
INTERNATIONAL WIRE PAYEMENTS
Swift Code: HATRUS44
BMO Harris Bank N.A.
111 West Monroe Street, Chicago, IL 60603
For the account of: 2100824
FFC To: Account Name & Account Number (1CVXXXXX)
Account Transfer: Please fill out the Account Transfer Form (ACAT) and return to Cobra Trading along with your account application. Please include a copy of the most recent statement for the account being transferred.
When can I begin trading?
Once the account has been approved and funded, you will receive an e-mail notification with your live trading platform login details.