Cobra TraderPro
Cobra TraderPro is our most cost-conscious platform. Based on the Sterling Trader framework, the platform is loaded with features without sacrificing any of the features needed for active traders or investors. The Cobra TraderPro platform offers real-time Level 2 market data, advanced charting, hot keys, and a short locate monitor. Cobra TraderPro is limited to non-entity and non-professional users only.
- Real-Time Level 2 Market Data
- Portfolio Management
- Hot Keys
- Stop Orders
- Advanced Charting
- Custom Alerts
- News
- Stock Watch Lists
Frequently Asked Questions
How do I open an account with Cobra Trading, Inc.?
Click on “Open an Account” in the menu bar and follow the instructions to open the account online. If you prefer, you may download the appropriate account application here: https://cobratrading.com/accounts/ or Cobra Trading can mail/email you an account opening packet. If you are a Non-United States resident please email info@cobratrading.com to request an account opening application.
What is the minimum to open an account?
Day-Trading Accounts
- United States residents:
- $30,000 to open account
- $25,000 minimum balance must be maintained in each day-trading account.
- Non-United States residents:
- $30,000 to open account
- $25,000 minimum balance must be maintained in each day-trading account.
Non Day-Trading/Below PDT (Less than $25,000)
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: 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. If opening a new account, Cobra Trading will add the account number to your check. Please remember to include the check with your account paperwork when mailing everything to Cobra Trading.
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 United States Resident Accounts
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 Non United States Resident Accounts
Please contact the representative who helped you open the account for the correct instructions.
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.