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

Broker Name

Cobra Trading

Eightcap

Broker Overview

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

None

ECN

Years of Existence / Established Year

2003

2009

Customer Base / Number of Accounts

Info not available

80,000 +

Regulation & Security

Regulations (governing bodies)

FINRA NFA

SCB ASIC CySEC FCA

Awards Won (count for the last 2 years)

Cobra Trading the best day trading platform

Best Broker in Australia in 2024 by FXEmpire Best Forex Brokers 2024 Best Crypto CFD Trading Broker by FXEmpire 2024 Top CFD Broker by FXEmpire 2024

Security Measures

SIPC

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes (only to retail clients. Not for professional traders)

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

800+ CFD markets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes with Venom trading

Yes

Bonds

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

Yes

MT5

Yes

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

DAS Trader Pro Sterling Trader Pro Cobra Trading view integration

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

Standard account Raw account TradingView account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$25,000

$100

Leverage Available

4:1

1:30

Trade Limit (maximum per trade)

Trade size vary on each asset

Maximum 100 lots

Commission (per account type)

Standard - $0 TradingView - $0 Raw - Each side: 3.5 AUD, USD, NZD, SGD, CAD | 2.25 GBP | 2.75 EUR per standard lot traded

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

Experienced

Beginners & experienced

Deposit & Withdrawal Options

Deposit Methods

Check Wire Account transfer

Wire Transfer Credit/debit cards UnionPay Bitcoin Ewallets

Withdrawal Methods

Check Wire Account transfer

Wire Transfer Ewallets Bitcoin

Other E-Wallets Supported

Skrill Neteller Fasapay Dragonpay

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

Capitalise.ai AI-powered Economic calendar Eightcap labs Trade Zone Events & Webinars Flash trader

Fees & Commissions

Trading-Related Fees

$0.0015 per share

Spread- starts from 0.0 pips

Spread (typical, fixed, variable)

Variable

Per Lot Fees

$3.50 per lot per side

Options Contract Fees

$0.30 per contract

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

4:1

1:30

Non-Trading Fees

Dormant Fees

$15

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Currency Conversion Fee

Withdrawal Fee

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

Crypto - Monday-Sunday (00:00 - 23:59) Forex - 10PM to 7AM Commodities - Monday-Friday (03:00 - 24:00) Stocks US - 9:30am to 4pm

Customer Support

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

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

24x5

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

E mail: mailto:[email protected] Call / Chat: +61 3 8592 2375

Support Languages

13+

Additional Information

Headquarters Location

3008 E. Hebron Pkwy Building 400 Carrolton, TX 75010

Aiolou & Panagioti Diomidous 9, Katholiki, 3020, Limassol, Cyprus.

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.

Cobra Trading stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Eightcap offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.

If speed and simplicity matter to you, Cobra Trading delivers a streamlined account setup. In contrast, Eightcap includes more documentation and KYC checks, which can delay access but ensures strong compliance.

Traders who value simplicity and execution speed may prefer Cobra Trading platform. Meanwhile, Eightcap offers more flexibility through tools like advanced order types and multi-screen support.

Advanced users will enjoy Cobra Trading capabilities, but Eightcap remains a favorite for its streamlined and beginner-centric approach.

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