Using data from our latest annual broker review which tested more than a dozen different online brokers over six months, we can compare Cobra Trading vs Just2Trade to determine which broker is best. Let's dive in.
First, we will break down the commission charges of both brokers for placing 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 at both of the brokerages are the same at $0.50 each. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews.
Next, investors want to make sure they can trade the investment vehicle they want. Just2Trade provides its clients with Stock Trading, Options Trading, Mutual Funds and Futures Trading while Cobra Trading provides clients access to Stock Trading, Options Trading, Forex Trading and Futures Trading. As far as mutual funds go, Cobra Trading trails Just2Trade by 3,000 total mutual funds, with Just2Trade offering 3000 and Cobra Trading offering 0.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Cobra Trading alongside Just2Trade offer virtual trading. For mobile trading, Cobra Trading and Just2Trade both have a iPhone App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. 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