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Trading 212 vs Cobra Trading : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Trading 212

Trading 212

VS
Cobra Trading

Cobra Trading

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Broker Overview

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

STP broker

None

Years of Existence / Established Year

2003

2003

Customer Base / Number of Accounts

3 million- lifetime funded account

Info not available


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Regulation & Security

Regulations (governing bodies)

FCA, CySEC, ASIC, FSC

FINRA NFA

Awards Won (count for the last 2 years)

No major awards listed

Cobra Trading the best day trading platform

Security Measures

ICF

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

13,000+ Global stocks and ETFs

-

Currency Pairs

Yes

No

Commodities

Yes

No

Indices

Yes

No

Cryptocurrencies

Yes

No

CFDs

Yes

No

ETFs

Yes

No

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes with Venom trading

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

Yes

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Trading 212 web and mobile trading platform

DAS Trader Pro Sterling Trader Pro Cobra Trading view integration

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Invest, CFD, Stock ISA, and cash ISA

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

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

£1, €1, $1

$25,000

Leverage Available

1:30

4:1

Trade Limit (maximum per trade)

Depends on the assets class

Trade size vary on each asset

Commission (per account type)

$0

$0

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

Beginners to experienced traders

Experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, Instant bank transfer, Card payments, Online banking PL, Carte Bleue, Blik, Direct e-banking, e-wallets

Check Wire Account transfer

Withdrawal Methods

Bank transfer, Instant bank transfer, Card payments, Online banking PL, Carte Bleue, Blik, Direct e-banking, e-wallets

Check Wire Account transfer

Other E-Wallets Supported

Apple Pay, Google Pay, PayPal, iDEAL

No


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Tools & Educational Resources

Economic Calendar

No

Yes

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

Trading Academy, Market News and Analysis, Webinars, Video Tutorial, Trading Guides and eBooks

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


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Fees & Commissions

Trading-Related Fees

FX fees- 0.5%

$0.0015 per share

Spread (typical, fixed, variable)

Variable

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

1:30

4:1


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Non-Trading Fees

Dormant Fees

$0

$15

Subscription Fees (for premium features, data feeds)

$0

$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

$0

$0

Deposit Fee

0.70%

$0

Currency Conversion Fee

0.15%

NA

Withdrawal Fee

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

pre-market session from 04:00 - 09:30 ET, regular trading from 09:30 - 16:00 ET, after-hours session from 16:00 - 20:00 ET

4am to 8pm EST


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Customer Support

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

24/7

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

Customer Support Methods (phone, email, live chat)

Live chat, E-mail- [email protected] Phone- +447385762101

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

Support Languages

18+

1


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Additional Information

Headquarters Location

Aldermary House, 10-15 Queen Street, London, EC4N 1TX.

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 Trading 212 maintains low trading fees with no minimum deposit, Cobra Trading includes some charges for premium features and certain asset trades, making Trading 212 the better option for budget-focused traders.
While Trading 212 prioritizes fast registration with minimal steps, Cobra Trading focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
Trading 212 integrates well with algorithmic trading tools and third-party plugins. In contrast, Cobra Trading emphasizes educational content and built-in research features within its platform.
Trading 212 caters to serious traders who value advanced features, whereas Cobra Trading appeals to beginners due to its user-friendly platform.