Cobra Trading vs Spreadex : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Cobra Trading

Spreadex

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

None

STP

Years of Existence / Established Year

2003

1999

Customer Base / Number of Accounts

Info not available

60,000+ traders

Regulation & Security

Regulations (governing bodies)

FINRA NFA

FCA

Awards Won (count for the last 2 years)

Cobra Trading the best day trading platform

Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial Awards

Security Measures

SIPC

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000 trading assets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes with Venom trading

Bonds

Yes

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

DAS Trader Pro Sterling Trader Pro Cobra Trading view integration

Spreadex TradingView

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Joint (JTWROS) Individual Retirement Account - IRA Roth - IRA Corporate LLC Trust Partnership

Spread betting Financial trading

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$25,000

€0

Leverage Available

4:1

30:1

Trade Limit (maximum per trade)

Trade size vary on each asset

Varies by instrument

Commission (per account type)

€2.50 per lot

Best Suited For (e.g., beginners, experienced traders)

Experienced

Only experienced

Deposit & Withdrawal Options

Deposit Methods

Check Wire Account transfer

Easy Bank transfer UK Debit cards Credit card E-wallets

Withdrawal Methods

Check Wire Account transfer

Bank Transfer Credit / Debit Cards

Other E-Wallets Supported

Apple Pay

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Advanced order types Basket trading Charting & Multi account management Blogs, Posts & platform videos

Customisable platform 35+ technical indicators Price alerts

Fees & Commissions

Trading-Related Fees

$0.0015 per share

Spread starts from 0.6 pips

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

$0.30 per contract

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

4:1

30:1

Non-Trading Fees

Dormant Fees

$15

1 per month

Subscription Fees (for premium features, data feeds)

€0

Advisory Fees

€0

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

€0

Account Opening Fee

€0

Account Maintenance Fee

€0

Deposit Fee

€0

Currency Conversion Fee

Info not available

Withdrawal Fee

€0

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

4am to 8pm EST

Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm

Customer Support

Support Hours (e.g., 24/7, weekdays only)

Monday-Friday - 7am to 4.30pm Saturday & Sunday - Closed

7 days a week 8:00am to 5:30pm

Customer Support Methods (phone, email, live chat)

Toll free: 877-792-6272 Direct: 972-491-7999 Fax: 972-491-3111 Email: mailto:[email protected] Live Chat

Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]

Support Languages

Additional Information

Headquarters Location

3008 E. Hebron Pkwy Building 400 Carrolton, TX 75010

Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

Both Cobra Trading and Spreadex offer affordable fee structures, but Cobra Trading generally edges out with no inactivity fees and lower commissions on standard trades, whereas Spreadex shines with bundled research and platform access.

Creating an account with Cobra Trading is generally faster and more user-friendly, often taking just a few minutes, while Spreadex requires more detailed steps and identity verification, which may suit more cautious investors.

Cobra Trading provides a modern trading experience with its proprietary or MT4/MT5 platform, ideal for technical traders. Spreadex , on the other hand, offers more research tools and is better suited for data-driven investors.

Cobra Trading delivers a robust ecosystem for seasoned traders, whereas Spreadex focuses on ease of access and modern usability.

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