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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.

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Best Online Day Trading Platform for Brokers & Traders | Cobra Trading

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.

Call Us Today: 877-792-6272