What are the advantages of Cobra Trading over IB?
- Thread starter Port1385
- Start date
You supposedly already trade with this firm jackass.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2202285&highlight=Cobra#post2202285
Why are you spamming for them?
port1385 is now the typical profile of a current elitetrader member who have joined in recent 2-3 years............typical jack..ss ,,,,,, jerk...ff who trade a sub 000---$10k account and provide not only valueless info but revel into adding misleading posts.... oh well, another poster to add to the ignore list.....
There are many...no pink screens, lower margins, better customer service, better rates,etc....
I've never heard of Cobra, therefore they do not exist.
Ok, since you say you just want to "discuss", I'll start:
- share volumes as low as .001 (IB) vs .004/shr (Cobra) on volume
- $7.95/trade deal offered by Cobra only available on web platform, not the direct access platforms
- no futures trading
- spot fx is rebranded Saxobank dealing desk trade system
- short list roughly 12k(IB) vs 9k (Penson)
- no European or Asian stock or futures trading at Cobra
- no bond trading
- no universal account for nightly sweep of available cash (actually, no need to since they don't offer futures, foreign equity, bonds or direct spot forex trading)
- 30MM of total protection (IB) vs 25MM of total account protection
- been in business 31 yrs (IB) vs 4
- ACH fee $1 and wire fee $10 (IB after first withdrawal) vs ACH free and wire $15
- software fees: TWS free (IB) vs 75-250/month for direct access platform choices
- more responsive customer service than IB (see prior post/thread about only having 25 clients)
So what did I miss?
- share volumes as low as .001 (IB) vs .004/shr (Cobra) on volume
- $7.95/trade deal offered by Cobra only available on web platform, not the direct access platforms
- no futures trading
- spot fx is rebranded Saxobank dealing desk trade system
- short list roughly 12k(IB) vs 9k (Penson)
- no European or Asian stock or futures trading at Cobra
- no bond trading
- no universal account for nightly sweep of available cash (actually, no need to since they don't offer futures, foreign equity, bonds or direct spot forex trading)
- 30MM of total protection (IB) vs 25MM of total account protection
- been in business 31 yrs (IB) vs 4
- ACH fee $1 and wire fee $10 (IB after first withdrawal) vs ACH free and wire $15
- software fees: TWS free (IB) vs 75-250/month for direct access platform choices
- more responsive customer service than IB (see prior post/thread about only having 25 clients)
So what did I miss?
