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Interactive Investor vs Cobra Trading : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Interactive Investor
Cobra Trading
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
None
None
Years of Existence / Established Year
1995
2003
Customer Base / Number of Accounts
over 430,000
Info not available
Regulation & Security
Regulations (governing bodies)
FCA
FINRA NFA
Awards Won (count for the last 2 years)
Best Stocks and Shares ISA - The Times Money Mentor Awards 2024 Boring Money Best Buy ISA - AIC Shareholder Engagement Award 2024 Boring Money Best Buy Pension - AIC Shareholder Engagement Award 2024 Best online stock broker 2023 - ADVFN International Financial Awards
Cobra Trading the best day trading platform
Security Measures
FSCS
SIPC
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
43,000 + funds, Shares, Glits
-
Currency Pairs
Yes
No
Commodities
Yes
No
Indices
Yes
No
Cryptocurrencies
No
No
CFDs
No
No
ETFs
Yes
No
Stocks
Yes
Yes
Options
No
Yes
Futures
No
Yes with Venom trading
Bonds
Yes
No
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
Yes
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
Online ii Community - for social trading
DAS Trader Pro Sterling Trader Pro Cobra Trading view integration
Platform Compatibility (Windows, Mac, iOS, Android)
Yes only Web
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Trading Account SIPP Stocks & Shares ISA Junior ISA Cash Savings Managed ISA Joint Trading Account Company Account
Joint (JTWROS) Individual Retirement Account - IRA Roth - IRA Corporate LLC Trust Partnership
Demo Account (Yes/No)
No
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
Euro 250
$25,000
Leverage Available
Info not available
4:1
Trade Limit (maximum per trade)
Varies for each product
Trade size vary on each asset
Commission (per account type)
Monthly fee ISA / Trading account - £ 4.99 for investment upto £ 50,000 - £ 11.99 (no limit) SIPP - £ 5.99 for investment upto £50,000 - £12.99 (no limit) ISA + Trading Account + SIPP - £ 9.99 for investment upto £75,000 - £ 21.99 (no limit)
$0
Best Suited For (e.g., beginners, experienced traders)
Beginners
Experienced
Deposit & Withdrawal Options
Deposit Methods
Cash savings Ac - Bank transfer Debit cards Cheque Payit from Natwest
Check Wire Account transfer
Withdrawal Methods
Bank Transfer
Check Wire Account transfer
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
StockScreener - Intuitive tool to explore the markets
Advanced order types Basket trading Charting & Multi account management Blogs, Posts & platform videos
Fees & Commissions
Trading-Related Fees
UK & US shares, funds, ETFs, bonds and gilts - £3.99, Other international shares - £9.99 / £5.99 (Super Investor), Dividend reinvestment - £0.99, For value over £100,000 - 0.04% of trade value, Buying / Selling other international shares - £9.99, For value over £25,000 - 0.10% of trade value, International trading fees for super investors - £5.99
$0.0015 per share
Spread (typical, fixed, variable)
Info not available
NA
Per Lot Fees
£ 3.99 per trade
NA
Options Contract Fees
NA
$0.30 per contract
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
Info not available
4:1
Non-Trading Fees
Dormant Fees
$0
$15
Subscription Fees (for premium features, data feeds)
Super Investor plan - £ 19.99 per month Super Investor + SIPP = £29.99 per month
$0
Advisory Fees
$0
NA
Swap Fees (Overnight Financing)
NA
NA
Statement or Document Fee
NA
NA
Account Opening Fee
NA
$0
Account Maintenance Fee
Administrative charges Share certificate withdrawal - £ 35 + VAT - Per certificate Failed payments or late settlement - £ 25 Paper documents - £ 3 + VAT per document Contract notes sent by post - £ 1.50 + VAT per document VCTs processing charge - £ 30 per application
$0
Deposit Fee
£ 0
$0
Currency Conversion Fee
Value converted FX charge £ 0 - £ 24,999.99 1.5% £ 25,000 - £ 49,999.99 1.25% £ 50,000 - £ 99,999.99 1.00% £ 100,000 - £ 599,999.99 0.50% £ 600,000 or more 0.25%
NA
Withdrawal Fee
Urgent withdrawals cost - £15
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
UK- Pre-market: 7 AM - 9:30 AM After-hours: 4:05 PM - 8 PM
4am to 8pm EST
Customer Support
Support Hours (e.g., 24/7, weekdays only)
7.45am to 5.30pm (GMT) Monday - Friday
Monday-Friday - 7am to 4.30pm Saturday & Sunday - Closed
Customer Support Methods (phone, email, live chat)
Tel: 0345 607 6001 From abroad: +44 113 346 2309
Toll free: 877-792-6272 Direct: 972-491-7999 Fax: 972-491-3111 Email: mailto:[email protected] Live Chat
Support Languages
1
1
Additional Information
Headquarters Location
Leeds One Embankment, Neville Street, Leeds, LS1 4DW
3008 E. Hebron Pkwy Building 400 Carrolton, TX 75010
Complaints (for crypto brokers)
No
No
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