Plus500 vs Cobra Trading : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Plus500

Cobra Trading

Broker Overview

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

Market maker

None

Years of Existence / Established Year

2008

2003

Customer Base / Number of Accounts

20 Million

Info not available

Regulation & Security

Regulations (governing bodies)

FCA, CYSEC, ASIC, FMA, FSCA, FSP, ISA, FSA, MAS, DFSA, FSA, SCB

FINRA NFA

Awards Won (count for the last 2 years)

Best in Class for Trust Score 2024, GLOBAL TRADING ADVFN International Financial Awards

Cobra Trading the best day trading platform

Security Measures

Anti-Money Laundering

SIPC

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

2800+

Currency Pairs

Commodities

Indices

Cryptocurrencies

CFDs

Yes

ETFs

Stocks

Yes

Options

Yes

Futures

Yes

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

MT5

cTrader

Social Trading

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Mobile and web trading 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.)

Retail Account & Demo 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

1:30

4:1

Trade Limit (maximum per trade)

Depends on the asset type

Trade size vary on each asset

Commission (per account type)

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

Experienced traders

Experienced

Deposit & Withdrawal Options

Deposit Methods

Credit, Debit, Master card, Bank transfer, e-wallets

Check Wire Account transfer

Withdrawal Methods

Credit, Debit, Master card, Bank transfer, e-wallets

Check Wire Account transfer

Other E-Wallets Supported

PayPal, Skrill

Tools & Educational Resources

Economic Calendar

Yes

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

Trading Academy Online Courses, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Guide Beginner's Guide

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)

Variable

Per Lot Fees

Options Contract Fees

$0.30 per contract

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

1:30

4:1

Non-Trading Fees

Dormant Fees

$10 per month inactive for three months

$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

0.70%

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)

Depends on the instrument offer

4am to 8pm EST

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)

Call +65 6320 1111 or +65 6320 1119, Email to Plus500's customer support, Live chat

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

Support Languages

32+

Additional Information

Headquarters Location

Menachem Begin 125 Tel Aviv, Israel.

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 Plus500 maintains low trading fees with no minimum deposit, Cobra Trading includes some charges for premium features and certain asset trades, making Plus500 the better option for budget-focused traders.

Creating an account with Plus500 is generally faster and more user-friendly, often taking just a few minutes, while Cobra Trading requires more detailed steps and identity verification, which may suit more cautious investors.

New traders may find Plus500 interface more welcoming, while Cobra Trading appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.

Plus500 stands out for active traders with robust tools, while Cobra Trading suits investors seeking simplicity and ease of use.

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