TradingCritique

Select Your Brokers to Compare

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

Broker Name

Trade Nation

Trade Nation

VS
Cobra Trading

Cobra Trading

Icon

Broker Overview

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

Market maker

None

Years of Existence / Established Year

2014

2003

Customer Base / Number of Accounts

No information

Info not available


Icon

Regulation & Security

Regulations (governing bodies)

FCA, ASIC, FSA, SCB, and FSCA

FINRA NFA

Awards Won (count for the last 2 years)

Best Global MT4 broker, Best Trading Platform 2023, Best Spread Betting Provider 2024

Cobra Trading the best day trading platform

Security Measures

No

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

1000+ assets types

-

Currency Pairs

Yes

No

Commodities

Yes

No

Indices

Yes

No

Cryptocurrencies

Yes

No

CFDs

Yes

No

ETFs

No

No

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes with Venom trading

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

TN trader

DAS Trader Pro Sterling Trader Pro Cobra Trading view integration

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Standard and Professional

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

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$0

$25,000

Leverage Available

1:5 to 1:200

4:1

Trade Limit (maximum per trade)

Depends on asset types

Trade size vary on each asset

Commission (per account type)

$0

$0

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

Beginner to experienced traders

Experienced


Icon

Deposit & Withdrawal Options

Deposit Methods

Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods

Check Wire Account transfer

Withdrawal Methods

Credit and debit cards, e-wallets, bank transfers, cryptocurrency, and some local payment methods

Check Wire Account transfer

Other E-Wallets Supported

Skrill, Neteller, Crypto, Grab Pay, M Pesa

No


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Trading Academy Online Courses, Market Insights and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Blog Market News and Updates

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


Icon

Fees & Commissions

Trading-Related Fees

Commission-$0

$0.0015 per share

Spread (typical, fixed, variable)

Fixed

NA

Per Lot Fees

NA

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

1:200

4:1


Icon

Non-Trading Fees

Dormant Fees

$0

$15

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

$0

Currency Conversion Fee

NA

NA

Withdrawal Fee

$0

$0


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Forex- 24 hours a day, five days a week, Stocks- Monday through Friday from 9:30 a.m. to 4 p.m. ET, typically closed on weekends and U.S. national holidays

4am to 8pm EST


Icon

Customer Support

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

24/5

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

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: +44 (0) 203 180 5952, Live chat

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

Support Languages

19+

1


Icon

Additional Information

Headquarters Location

9th Floor, 30 Crown Place, London, EC2A 4ES, United Kingdom

3008 E. Hebron Pkwy Building 400 Carrolton, TX 75010

Complaints (for crypto brokers)

No

No


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.
While Trade Nation maintains low trading fees with no minimum deposit, Cobra Trading includes some charges for premium features and certain asset trades, making Trade Nation the better option for budget-focused traders.
Trade Nation offers a quick and paperless account setup that appeals to traders on the go, whereas Cobra Trading more involved onboarding process adds an extra layer of safety and regulatory checks.
Trade Nation provides a modern trading experience with its proprietary or MT4 platform, ideal for technical traders. Cobra Trading, on the other hand, offers more research tools and is better suited for data-driven investors.
Trade Nation is geared toward frequent trading and analytics, while Cobra Trading fits those who value simplicity and guided experiences.