The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers. This review compares Chase You Invest Trade vs Cobra Trading. Is Chase You Invest Trade or Cobra Trading a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Chase You Invest Trade charges more than Cobra Trading for placing regular stock trades ($2.95 and $0 (the broker charges a per share rate instead), respectively). With options, the base fees charged are $N/A (Cobra Trading) and $2.95 (Chase You Invest Trade). Option contracts are pricier at Chase You Invest Trade, costing $0.75 versus $0.50 at Cobra Trading. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews.
For our next comparison of these two brokers, being able to trade the way you want is a must. Cobra Trading offers clients Stock Trading, Options Trading, Forex Trading and Futures Trading while Chase You Invest Trade offers Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Chase You Invest Trade offers its clients access to 2700 different mutual funds while Cobra Trading has 0 available funds, a difference of 2,700.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Cobra Trading offers virtual trading while Chase You Invest Trade does not. For mobile trading, Chase You Invest Trade along with Cobra Trading both support the iPhone App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are available to clients of Chase You Invest Trade while Cobra Trading offers customers none of these.
Overall, between Chase You Invest Trade and Cobra Trading, Cobra Trading is the winner.
Chase You Invest Trade Review
Cobra Trading Review