Our Pricing


Trade types Detail Cost
Equities All Platforms (Cobra IQ add .001/share) .005/share when you trade 0-250,000 shares per month*
.004/share when you trade 250,000+ shares per month*
Options All Platforms $5.00+ .95 per contract
Futures Call for futures pricing -

*All trades will be charged a $1.00 minimum commission.




Trading Platforms
CobraIQ
RealTick
Sterling
Venom Trader

Cobra News

Disclosures and Policy Statements: Forex Risk Disclosure • Day 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.