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Cobra Trading vs Just2Trade 2019

Blain Reinkensmeyer

The StockBrokers.com annual review (9 years running) takes six months to complete and produces over 30,000 words of research each year. Here's how we test.

Is Cobra Trading better than Just2Trade? Based on over 4,000 data points from our 2019 annual broker review, Cobra Trading (49.66%) is better than Just2Trade (47.55%). Cobra Trading is one of several direct-access brokers that focus on professional traders. The offerings are all identical and generally fail to match industry powerhouse Interactive Brokers, with the one caveat being personalized service.

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Overall Rating

Feature Cobra Trading Just2Trade
Overall 2.5 2.5
Cobra Trading Review Just2Trade Review

Trading Fees

Feature Cobra Trading Just2Trade
Minimum Deposit $30,000.00 $2,500.00
Stock Trade Fee (per trade) N/A $2.50
ETF Trade Fee N/A $2.50
Options Base Fee N/A $2.50
Options Per Contract Fee $0.50 $0.50
Mutual Fund Trade Fee $25.00 $12.50
Broker Assisted Trades Fee $0.00 $22.50
Commissions & Fees 3 3.5
Winner check_circle

Margin Rates

Feature Cobra Trading Just2Trade
Under $24,999.99 5.25% 8.00%
$25,000.00 to $49,999.99 5.25% 7.50%
$50,000.00 to $99,999.99 5.25% 7.25%
$100,000.00 to $249,999.99 5.25% 6.50%
$250,000.00 to $499,999.99 5.25% 6.00%
$500,000.00 to $999,999.99 5.25% 6.00%
Above $1,000,000.00 5.25% 5.75%
Commissions & Fees 3 3.5
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Account Fees

Feature Cobra Trading Just2Trade
IRA Annual Fee 35 50
IRA Closure Fee 95 75
Returned ACH Fee 25 50
Returned Wire Fee 25 25
Stock Certificate Processing Fee N/A N/A
Stock Certificate Delivery Fee N/A 20
Paper Statement Fee 2 5
Paper Confirmation Fee 3 3
Domestic Wire Fee 20 30
International Wire Fee 50 60
Commissions & Fees 3 3.5

Investment Options

Feature Cobra Trading Just2Trade
Stock Trading
Yes Yes
OTCBB / Pink Sheets
Yes Yes
Options Trading
Yes Yes
Complex Options Max Legs
4 2
Futures Trading
Yes Yes
Forex Trading
Yes No
Commission-Free ETFs 0 0
Mutual Funds (No Load)
0 3000
Mutual Funds (Total)
0 3000
Bonds (US Treasury)
No No
Bonds (Corporate)
No No
Bonds (Municipal)
No No
Advisor Services
No No
International Trading
No Yes
Offering of Investments 3 2.5
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Order Types

Feature Cobra Trading Just2Trade
Order Type - Market
Yes Yes
Order Type - Limit
Yes Yes
Order Type - Stop
Yes Yes
Order Type - Trailing Stop
Yes No
Order Type - Contingent
No No
Order Type - MultiContingent
No No
Order Type - OCO
Yes No
Order Type - OTO
No No
Order Type - OTOCO
No No
Offering of Investments 3 2.5
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Trading Platforms

Feature Cobra Trading Just2Trade
Desktop Platform (Windows)
Yes Yes
Desktop Platform (Mac)
No No
Web Platform
Yes Yes
Paper Trading
Yes Yes
Trade Journal
No No
Watch Lists - Total Fields
30 18
Two-Factor Authentication Login
No No
Heat Mapping
No No
Platforms & Tools 3 2.5
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Charting Features

Feature Cobra Trading Just2Trade
Charting - Trade Off Chart
Yes No
Charting - Indicators / Studies
36 92
Charting - Drawing Tools
9 29
Charting - Historical Trades
No No
Charting - Corporate Events
No No
Charting - Automated Analysis
No No
Charting - Save Profiles
Yes No
Charting - Study Customizations
8 4
Charting - Custom Studies
No No
Platforms & Tools 3 2.5
Winner check_circle

Day Trading

Feature Cobra Trading Just2Trade
Stock Alerts - Basic Fields
Yes No
Stock Alerts - Advanced Fields
Yes No
Streaming Time & Sales
Yes Yes
Streaming TV
No No
Direct Market Routing - Stocks
Yes Yes
Direct Market Routing - Options
Yes No
Ladder Trading
Yes No
Trade Hot Keys
Yes No
Level 2 Quotes - Stocks
Yes Yes
Level 2 Quotes - Options
Yes No
Trade Ideas - Backtesting
No No
Short Locator
Yes No
Client Liquidity Rebates
Yes No
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Mobile Trading Apps

Feature Cobra Trading Just2Trade
iPhone App
Yes Yes
Android App
Yes Yes
Apple Watch App
No No
Trading - Stocks
Yes Yes
Trading - After-Hours
Yes No
Trading - Conditional Orders
No No
Trading - Mutual Funds
No No
Trading - Simple Options
Yes Yes
Trading - Complex Options
No No
Trading - Option Rolling
No No
Touch / Face ID
No No
Winner check_circle

Mobile App Features

Feature Cobra Trading Just2Trade
Watch List Syncing
No No
Stock Alerts - Basic Fields
No No
Stock Alerts - Advanced Fields
No No
Charting - After Hours
Yes No
Charting - Drawing
No No
Charting - Study Customizations
No No
Customizable Homescreen
No No
Heatmapping
No No
Stream Live TV
No No
Barcode Lookup
No No
Mobile Trading 3 2.5
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Research Overview

Feature Cobra Trading Just2Trade
Research - Stocks
Yes Yes
Research - ETFs
No No
Research - Mutual Funds
No No
Research - Pink Sheets / OTCBB
No No
Research - Fixed Income
No No
Research - Futures
No No
Research - Forex
No No
Screener - Stocks
No No
Screener - ETFs
No No
Screener - Mutual Funds
No No
Screener - Options
No No
Screener - Bonds
No No
Misc - Portfolio Builder
No No
Misc - Portfolio Allocation
No No
Research 1 1
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Stock Research

Feature Cobra Trading Just2Trade
Stock Research - Reports
0 0
Stock Research - Earnings
No Yes
Stock Research - Insiders
No No
Stock Research - Metric Comp
No No
Stock Research - SEC Filings
No No
Stock Research - Social
No No
Stock Research - Balance Sheet
No Yes
Stock Research - Cash Flows
No Yes
Stock Research - News
Yes Yes
Stock Research - ESG
No No
Research 1 1
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ETF Research

Feature Cobra Trading Just2Trade
ETFs - Strategy Overview
No No
ETFs - Top 10 Holdings
No No
ETFs - Sector Exposure
No No
ETFs - Risk Analysis
No No
ETFs - Performance Analysis
No No
ETFs - Ratings
No No
ETFs - Morningstar StyleMap
No No
ETFs - Reports
No No
Research 1 1
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Mutual Fund Research

Feature Cobra Trading Just2Trade
Mutual Funds - Strategy Overview
No No
Mutual Funds - Prospectus
No No
Mutual Funds - Reports
No No
Mutual Funds - Fees Breakdown
No No
Mutual Funds - Top 10 Holdings
No No
Mutual Funds - Asset Allocation
No No
Mutual Funds - Sector Allocation
No No
Mutual Funds - Country Allocation
No No
Mutual Funds - StyleMap
No No
Mutual Funds - 3rd Party Ratings
No No
Research 1 1
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Options Trading

Feature Cobra Trading Just2Trade
Option Chains - Streaming
Yes Yes
Option Chains - Total Columns
17 22
Option Chains - Greeks
0 5
Option Chains - Quick Analysis
No Yes
Option Analysis - P&L Charts
No Yes
Option Probability Analysis
No Yes
Option Probability Analysis Adv
No No
Option Positions - Greeks
No No
Option Positions - Adv Analysis
No No
Option Positions - Rolling
No No
Option Positions - Grouping
No No
Platforms & Tools 3 2.5
Winner check_circle

Beginners

Feature Cobra Trading Just2Trade
Has Education - Stocks
No No
Has Education - ETFs
No No
Has Education - Options
No No
Has Education - Mutual Funds
No No
Has Education - Fixed Income
No No
Has Education - Retirement
No No
Paper Trading
Yes Yes
Videos
No No
Webinars (Monthly Avg)
0 0
Webinars (Archived)
No No
Live Seminars
No No
Progress Tracking
No No
Interactive Learning - Quizzes
No No
Investor Magazine
No No
Education 0.5 0.5
Winner check_circle

Banking

Feature Cobra Trading Just2Trade
Retail Locations
0 0
Member FDIC
No No
Checking Accounts
No No
Savings Accounts
No No
Credit Cards
No No
Debit Cards
No No
Mortgage Loans
No No
No Fee Banking
No No
Banking 0.5 0.5
Winner check_circle

Overall

Feature Cobra Trading Just2Trade
Cobra Trading Review Just2Trade Review
Overall 2.5 2.5
Winner check_circle
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 Cobra Trading vs Just2Trade. Is Cobra Trading or Just2Trade a better online broker?

First, we will make a comparison of the stock and option trading fees for trading with both brokers. 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. With options, the base fees charged are $N/A (Cobra Trading) and $2.50 (Just2Trade). Option contracts run $0.50 a piece at both brokerages. 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. 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. When it comes to mutual funds, Just2Trade boasts an offering of 3000 mutual funds compared to Cobra Trading's 0 available funds.

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 alongside Just2Trade offer virtual trading. For mobile trading, Both Cobra Trading and Just2Trade offer clients access to an iPhone App and Android App. Furthermore, some investors like to bank online, and multiple 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
Just2Trade Review


All pricing data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.

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