Forex.com vs Cobra Trading : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Forex.com

Cobra Trading

Broker Overview

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

Market maker

None

Years of Existence / Established Year

2001

2003

Customer Base / Number of Accounts

454k + Customers

Info not available

Regulation & Security

Regulations (governing bodies)

CIRO, FSA, MAS, CySEC, NFA, CFTC, CIMA, FCA, ASIC

FINRA NFA

Awards Won (count for the last 2 years)

Best HNW Service, Best Broker for CFDs, Best in Class Overall Best in Class Mobile Trading Apps Best in Class Offering of Investments Best New Tool Performance Analytics

Cobra Trading the best day trading platform

Security Measures

FSCS

SIPC

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5, 500+ Stocks

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Stocks

Yes

Options

Yes

Futures

Yes with Venom trading

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.)

Forex.com Proprietary platform

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.)

Standard, Raw spread, MetaTrader account

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

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$100

$25,000

Leverage Available

50:1

4:1

Trade Limit (maximum per trade)

No information

Trade size vary on each asset

Commission (per account type)

Raw account - $7 per 100k USD traded

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

Beginners to experienced traders

Experienced

Deposit & Withdrawal Options

Deposit Methods

Credit/ debit card, bank wire

Check Wire Account transfer

Withdrawal Methods

Credit/ debit card, bank wire

Check Wire Account transfer

Other E-Wallets Supported

Neteller, skrill

Tools & Educational Resources

Economic Calendar

Yes

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

Forex Trading University, Market Analysis and Insights, Webinars, Video Tutorials, Trading Guides and eBooks, Market News and Research

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

Fees & Commissions

Trading-Related Fees

Commission: Fixed $7 USD per $100k USD traded

$0.0015 per share

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

50:1

4:1

Non-Trading Fees

Dormant Fees

$15 inactive for 12 months

$15

Subscription Fees (for premium features, data feeds)

Advisory Fees

$30

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Currency Conversion Fee

0.50%

Withdrawal Fee

Free for bank transfers and debit cards, US: $25, International: $40, except over $10,000

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)

Depends on the instrument offer

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)

Live chat: https://www.forex.com/en/contact-forex-com, Phone New accounts: Tollfree: 1-877-367-3946, International: 1-908-731-0750 Existing customers: Tollfree: 1-877-367-3946,Email New accounts: [email protected] Existing customers & inquiries: [email protected] International: 1-908-731-0750

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

Support Languages

Additional Information

Headquarters Location

30 Independence Blvd Suite 300, 3rd Floor, Warren, New Jersey 07059, US.

3008 E. Hebron Pkwy Building 400 Carrolton, TX 75010

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.

While Forex.com maintains low trading fees with no minimum deposit, Cobra Trading includes some charges for premium features and certain asset trades, making Forex.com the better option for budget-focused traders.

Forex.com gets you trading faster thanks to its minimal entry barriers. In comparison, Cobra Trading account setup is slower but includes extra layers of financial screening and suitability assessments.

Forex.com excels in real-time trade execution with minimal latency, whereas Cobra Trading complements its execution with strong analytical modules and educational support within the platform.

Forex.com supports complex strategies and asset diversity, while Cobra Trading offers clarity and low-cost access for long-term holders.

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