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Trade Nation vs Cobra Trading : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Trade Nation
Cobra Trading
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
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
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
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
No
MT5
No
No
cTrader
No
No
Social Trading
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
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
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
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
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
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
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
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
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
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
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