Fund Account

Funding your account is easy. Simply choose the method you would like to use to fund the account from the options below and follow the instructions:

Account Transfer (ACAT)

ACAT Form (PDF)

To transfer in an account from another firm fill out this form and attach a statement from the account you are transferring from. Then fax it to us here at 214-644-0495. You can also mail it to us at:

Cobra Trading, Inc.
825 Market Street Suite 240
Allen, TX 75013

Wire Transfer

To fund your account by wire transfer, please provide your bank with the following instructions. You will need to wait until your account is open to receive your account name and number from Cobra Trading, Inc. Third party wires can not be accepted.

Please send Domestic wires to:
JP Morgan Chase Bank
277 Park Ave., NY, NY 10172
ABA: 021000021
Beneficiary: Penson Financial Services
Acct #: 066600030
Final Beneficiary: Customer Name
Acct. #: Cobra Trading account number

Mail Us a Check

All you have to do is write a check payable to Penson Financial Services and include that with your paperwork when you mail it to us at the address below:

Cobra Trading, Inc.
825 Market Street Suite 240
Allen, TX 75013

Today's Markets

Cobra News
Cobra Trading, Inc. now offers futures and forex trading in addition to equities and options.

Cobra Trading, Inc. is licensed in all 50 states.

Important notice regarding account statements and trade confirmations - Read more

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.

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