Receive up to $25,000
when you transfer your
day trading account from
another Brokerage!

When you complete an account transfer, valued at $30,000 or higher from an outside brokerage account to your Cobra Trading account, Cobra Trading will credit you up to a Maximum of $25,000 in commission rebates. You must submit an Account Transfer form (ACAT) to be enrolled in this promotion. Cobra Trading will require the most recent account statement as proof of account value. Credits will begin accruing on the first trade after completion of account transfer.

Cobra Trading reserves the right to terminate this offer at any time without prior notice. Offer is not valid for internal transfers between any Cobra Trading accounts or transfers from Venom Trading to Cobra Trading. Offer valid for a limited time.

In order to be eligible for this promotion, approved customers must include the Referral Code of “TRANSFER23” in the REFERRAL CODE FIELD when applying for an account and provide an account statement from existing brokerage account to Cobra Trading as proof of the imposed transfer.

Qualified Customer and Qualified Accounts

The Promotion is available to (1) all approved new customers (as determined by TAX ID) who transfer funds from an existing brokerage account into their Cobra Trading account with $30,000 USD or more, (2) existing customers who have never funded any Cobra Trading account prior to the start of the Promotional Period, and who transfer funds from an existing brokerage account into their existing Cobra Trading account with $30,000 or more, and (3) existing customers who transfer additional funds in excess of $30,000 from an outside brokerage account into their existing Cobra Trading account (each, a “Qualified Account”).

Existing customers must provide an account statement from their existing brokerage account to Cobra Trading as proof of imposed transfer to confirm eligibility to participate in the Promotion (upon approval new customers entering the Referral Code, or existing customers funding any current account after providing account statement for eligibility, approved new customers and existing customers shall be referred to herein as a “Qualified Customer”). Only Qualified Accounts are eligible for the Rebate Offer.

The Promotion is not open to persons who reside in any jurisdiction where Cobra Trading is not authorized to do business, where its products and services would be contrary to the laws, rules and regulations governing the securities industry, the futures industry, or where otherwise prohibited under the local laws, rules, and regulations of that jurisdiction. The Promotion is not valid for internal transfers, including transfers from subsidiaries of Cobra Trading, and is not transferable, saleable, or valid in combination with certain other offers.

The Promotion is effective immediately and ends at 11:59pm CT on 12/29/2023 (the “Promotional Period”).

Cobra Trading reserves the right to extend and/or withdraw this offer at its sole discretion.

New Accounts – Never Funded Accounts

The total amount of rebates received depends on the total initial amount of funds transferred into a new or never-funded account. Funds must be transferred in a single transaction from an outside brokerage. Rebates received will be based on the tier level of deposited funds (see below).

For Example:

Client transfers $60,000 into a Cobra Account (new or never funded) from an outside brokerage account.

Client will receive $5,000 in rebates.

Existing Accounts

The total amount of rebates received will depend on the total amount of NEWLY TRANSFERRED FUNDS ONLY. Funds must be transferred in a single transaction from outside brokerage. Transferred funds may not be combined with existing funds already in your Cobra account. Rebates received will be based on the tier level of deposited funds (see below).

Example #1:

Existing client currently has an equity balance of $30,000 in their Cobra Account. Client transfers an additional $30,000 into their account for a total balance of $60,000.

Client will receive $2,000 in rebates.

Example #2:

Existing client currently has an equity balance of $75,000 in their Cobra Account. Client transfers an additional $150,000 in their account for a total balance of $225,000.

Client will receive $5,000 in rebates.

All profits are eligible for withdrawal. Any withdrawals in excess of the transferred funds will result in your account becoming ineligible for the promotion.

*If the funds are transferred back into the account within 5 business days you will continue to be eligible for the promotion.

The Rebate Offer will be applied monthly to a Qualified Customer’s Qualified Account before the next month.

For qualified existing accounts the funds must be deposited as a single transaction prior to the end of the Promotional Period. These funds must be deposited in the form of an Account Transfer (ACAT) into the qualified account.

This offer cannot be combined with additional promotions.

Offer does not apply to software fees or ECN / routing fees.

Each Qualified Customer is limited to a single Rebate Offer.

PARTICIPATION IN THE REBATE OFFER (“PROMOTION”) SERVES AS YOUR WILLFUL ACCEPTANCE OF AND AGREEMENT TO COMPLY WITH THE TERMS AND CONDITIONS OF THIS PROMOTION. DO NOT PARTICIPATE IN THE PROMOTION IF YOU DO NOT AGREE WITH THESE APPLICABLE TERMS & CONDITIONS

Cobra Trading may decline requests to enroll in the Promotion at its discretion and reserves the right to change or terminate the Promotion at any time without notice. Cobra Trading is not responsible for any tax related to this offer, and any related taxes are the sole responsibility of the Qualified Customer. Cobra Trading recommends that each Qualified Customer consult its tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of the Rebate Offer.

PARTICIPANT DATA AND PRIVACY: Personal information collected in connection with this Promotion will be used in accordance with Cobra Trading’s Privacy Policy.

CONDITIONS OF ENTRY:  Cobra Trading is not responsible for incorrect or inaccurate transcription of entry information, or for any human or printing error in these rules or any promotional materials, technical malfunctions, lost/delayed data transmission, omission, interruption, deletion, defect, line failures of any telephone network, computer equipment, software, or any other error or malfunction, or any injury or damage to participant’s or any other person’s computer related to or resulting from participation in the Promotion. If, in Cobra Trading’s opinion, there is any suspected or actual evidence of electronic or non-electronic tampering with any portion of this Promotion, or if any difficulties compromise the administration, security, fairness, integrity, or proper conduct of the Promotion, Cobra Trading reserves the right to amend, modify, cancel, or terminate this Promotion, in whole or in part, at any time without notice. In the event of war, national emergency, accident, dangerous weather conditions, fire, riot, strikes, lock-outs, industrial disputes, acts of terrorism, pandemic, or other matters beyond Cobra Trading’s reasonable control, Cobra Trading has the right, in its sole discretion, to terminate the Promotion. Prompt notice of such action will be made to Qualified Customers. This Promotion offer is not transferable. Cobra Trading reserves the right to revoke, amend, modify, or extend this Promotion at any time without prior notice.

Caution: Any attempt by a participant or any other individual to deliberately undermine the legitimate operation of the Promotion may be a violation of criminal and civil laws and should such an attempt be made, Cobra Trading reserves the right to seek damages and/or other remedies from any such person to the fullest extent permitted by law. Cobra Trading reserves the right to disqualify participants for any reason at any time.

DISPUTES: This Promotion is conducted in English. By participating in the Promotion, Participants agree to release, discharge, indemnify and hold harmless Cobra Trading, its direct and indirect parent companies, subsidiaries, affiliates, advertising and promotion agencies, and all of their respective officers, directors, members, managers, partners, shareholders, employees and agents (collectively, “Released Parties”) from any liability or damages which may arise out of participation in the Promotion. All applicable federal, state and local laws, rules and regulations apply. Released Parties are not responsible for incorrect or inaccurate transcription of referral information, or for any human or printing error in these Rules or any promotional materials, technical malfunctions, lost/delayed data transmission, omission, interruption, deletion, defect, line failures of any telephone network, computer equipment, software, or any other error or malfunction, or any injury or damage to you or any other person’s computer related to or resulting from participation in the Promotion.

DISPUTE RESOLUTION: The arbitration procedures set forth in your Cobra Trading Customer Agreement, which are incorporated herein, governs the Promotion.

MISCELLANEOUS: The invalidity or unenforceability of any provision of these Rules will not affect the validity or enforceability of any other provision. In the event that any provision of these Rules is determined to be invalid or otherwise unenforceable or illegal, the other provisions will remain in effect and will be construed in accordance with their terms as if the invalid or illegal provision were not contained herein. Cobra Trading’s failure to enforce any term of these Rules will not constitute a waiver of that provision. You agree to waive any rights to claim ambiguity of these Rules. Headings are solely for convenience of reference and will not be deemed to affect in any manner the meaning or intent of the document or any provision hereof. In the event there is a discrepancy or inconsistency between disclosures or other statements contained in any Promotion materials, privacy policy, or terms of use on the cobratrading.com website, and/or the terms and conditions of the Promotional Rules, the Promotional Rules shall prevail, govern, and control, and the discrepancy will be resolved in Cobra Trading’s sole and absolute discretion.

Cobra Trading, Inc is a registered broker-dealer and member of FINRA, NFA, and SIPC.