Miscellaneous Fees



Important Notice

Effective June 1, 2010 our clearing firm, Penson Financial Services will begin to assess a charge for all paper confirms and paper statements that are mailed. The charge will be $3 for confirms and $2 for statements. In order to avoid this charge and receive confirms and statements via e-mail, please follow the detailed steps below:

1. Log onto http://online.penson.com or visit www.cobratrading.com and click on the "Customer Reports" tab in the upper right hand corner (if you are NOT currently signed up with Penson online, you will need to click on "create user id" and complete the registration process)
2. Click on "Tools"
3. Click on "Update Profile" which will bring up two boxes...one says "Confirms via Email" and the other says "Statements via Email"
4. Check the box(s) that apply to you
5. Click "update"

If you would like to continue to receive paper confirms and/or paper statements, please understand that this charge will begin June 1st.

If you have any questions, please contact our office @ 214-644-0490.





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Important notice regarding account statements and trade confirmations - Read more

Disclosures and Policy Statements: Forex Risk DisclosureDay Trading Risk Disclosure •  AML Disclosure •  Extended Trading Hours Risk Disclosure •  Margin Risk Disclosure • Privacy Disclosure • Business Continuity Plan •  Market Volatility Disclosure •  Futures Risk Disclosure Statement •  SEC Rule 606 Disclosure

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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.

Emailed Statements FREE
Email Confirms FREE
Check Requests FREE
ACH Transfers FREE
Broker Assisted Trades FREE
Paper confirms $3 per confirm
Paper statements $2 per statement
Certificate Deposits $75 per certificate
Annual IRA Fee $30
Outgoing Wire $20
Outgoing Wire (International) $50
Overnight Delivery (US) $20
Fed Call Extensions $10
Returned Checks $20
ACAT Transfer (outgoing) $50
Annual Outside Investment IRA Fee $200
Blue Sheet Inquiry $12.50