Cobra Trading Fees, Commissions Schedule, Margin Interest Rates, Stock Trading Costs, ACAT Fee in 2017



Cobra Trading Fees, Trading Commission Structure, and Investment Products


InvestmentsCommissions
Stocks and ETFs$0.004 per share + routing and regulatory fees when you trade 0-250,000 shares per month, $1 minimum commission
Stocks and ETFs$0.0035 per share + routing and regulatory fees when you trade 250,000-1,000,000 shares per month, $1 minimum commission
Stocks and ETFs$0.003 per share + routing and regulatory fees when you trade 1,000,000-2,000,000 shares per month, $1 minimum commission
Stocks and ETFs$0.002 per share + routing and regulatory fees when you trade 2,000,000+ shares per month, $1 minimum commission
Platform fees RealTick and RediPlus - $250 per month (full rebate if trade 250,000 shares in a month); RealTick Express - $150 per month (full rebate if trade 150,000 shares in a month); Sterling Trader Pro - $200 per month (full rebate if trade 200,000 shares in a month)
Options $0.50 per contract + options exchange fee when you trade 0 to 2,000 contracts per month
Options $0.40 per contract + options exchange fee when you trade 2,001 to 10,000 contracts per month
Options $0.30 per contract + options exchange fee when you trade 10,000+ contracts per month

Investmentsstocks, options, ETFs
Cobra Trading minimum deposit to open account $2,500. Daytrading accounts require $30,000 to open and $25,000 minimum to maintain.



Cobra Trading Margin Rate


Debit Balance Margin Rate
above $1,000,000 4.00%
$500,000 - $999,999 4.00%
$250,000 - $499,999.99 4.00%
$100,000 - $249,999.99 4.00%
$50,000 - $99,999.99 4.00%
$25,000 - $49,999.99 4.00%
under $24,999.99 4.00%



Cobra Trading Platform Fees


Software Fees Sterling Trader Pro RediPlus RealTick RealTick Express
Software $200 per month

$250

$250

$150

Rebate of Software Fee

Full rebate if you trade
250,000 shares in a month*



Full rebate if you trade
300,000 shares in a month*

Full rebate if you trade
250,000 shares in a month*

Full rebate if you trade
120,000 shares in a month*


*Software rebate only applies to software fee and not any additional market data charges



Cobra Trading IQ Equity Exchange Fees


Route Add Liquidity Rebate Remove Liquidity Charge
ARCA .002/share

.004/share

BMALGO .0025/share charged

.0025/share

BATS .0025/share

.0033/share

CANT FREE

FREE

CSFB FREE

FREE

EDGA .002/share

.003/share

EDGX .002/share

.003/share

NSDQ .002/share

.0032/share

NYSE N/A

.0035/share

SMART .0025/share charged

.0025/share

VANDSK FREE

FREE






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Realtick Equities Exchange Fees


Route Add Liquidity Rebate Remove Liquidity Charge
ARCA-COBRA .002/share

.004/share

ARCA-PMKT .002/share + $1/trade

.004/share + $1/trade

CSFB-COBRA $1/trade (no per share)

$1/trade (no per share)

NSDQ-COBRA .002/share

.0032/share

SMART-COBRA .002/share

.003/share

VANDSK $1/trade (no per share)

$1/trade (no per share)




CobraIQ Option Exchange Fees


MLO $0.10 per contract



Realtick Option Exchange Fees


OPT-COBRA $0.10 per contract



Cobra Trading Data Fees


Dow Jones News $100 per month
CME Mini Quotes $25 per month
CME Full Futures Quotes $60 per month
CBT Quotes $60 per month
NYMEX Quotes $60 per month



Cobra Trading Misc. Fees


Broker Assisted Trades

FREE

Emailed Statements

FREE

Email Confirms

FREE


ACAT Transfer (outgoing)

$75

ACH Transfers

$5

Annual IRA Fee

$35

Annual Outside Investment IRA Fee

$200

Blue Sheet Inquiry

$75

Certificate Deposits

$300 plus transfer fee / $500+ for restricted securities

Check Requests

$5

Disposition of Worthless Security

$50

Fed Call Extensions

$25 plus interest

Outgoing Wire

$25

Outgoing Wire (International)

$50

Overnight Delivery (US)

$25

Paper confirms

$2 per confirm / $5 international

Paper statements

$2 per statement / $5 international

Quarterly Inactivity Fee

$15

Returned Checks

$50

Returned Wire

$20




Cobra Trading Incentive, Review and Website Link


Read full Cobra Trading Review.

Cobra Trading incentive: None right now.

Cobra Trading fees are as of 2017 and are subject to change. For the most recent information visit their website:



Updated on 1/16/2017.




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