![]() ![]() Interactive Brokers has the best API for automated trading. I wrote a comprehensive Cobra Trading review where I guide you through Cobra Trading’s platforms, commissions, and other benefits like short locate lists, low margin rates etc. Special Offer: Here you get a 33% commission discount with Cobra Trading (for life) (Bonus: 1 month of free access to DAS Trader and Sterling included). Typically, the commissions per share start at $0.003, with a trading volume between 0 to 100k shares per month. ![]() Traders can choose between three powerful day trading platforms CobraTraderPro, DAS Trader, and Sterling Trader Pro. Traders can open and close trades via phone at no additional cost.Ĭobra Trading is located in Texas and member of FINRA, NFA and SIPC. The direct-access broker is fast, has the best commission rates and defined customer service as their priority. Cobra Trading was founded in 2003 by Chadd Hessing.
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