Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker. Yielding a database of over 4,000 data points, let's compare Cobra Trading vs Just2Trade.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Just2Trade charges $2.50 per stock trade which is $2.50 more than Cobra Trading which charges customers $0 (the broker charges a per share rate instead) per trade. For options trading, Cobra Trading has a base fee of $N/A, and Just2Trade a base fee of $2.50. Option contracts run $0.50 a piece at both brokerages. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review.
Next to commission rates, being able to trade what you want is important. Just2Trade offers clients Stock Trading, Options Trading, Mutual Funds and Futures Trading while Cobra Trading offers Stock Trading, Options Trading, Forex Trading and Futures Trading. Looking at mutual funds, Just2Trade boasts an offering of 3000 mutual funds compared to Cobra Trading's 0 available funds.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Cobra Trading and Just2Trade both offer virtual trading. Taking a look at mobile trading, Cobra Trading along with Just2Trade both support the iPhone App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Neither Cobra Trading nor Just2Trade offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.
Overall, between Cobra Trading and Just2Trade, Cobra Trading is the winner.
Cobra Trading Review