Cobra Trading Account Types

Cobra Trading offers a variety of account types to cater to different trading needs. The main types of accounts include:

• Individual Accounts: Designed for personal trading, where one beneficial owner manages the account.
• Joint Accounts: Commonly for couples, allowing two equal interest owners.
• Corporate Accounts: Held in the name of a company, with designated persons trading on behalf of the company.
• LLC Accounts: Managed by members who appoint individuals to act on behalf of the company.
• Trust Accounts: Investments are held in the name of the trust, managed by a trustee.
• Partnership Accounts: For two or more individuals who designate members to act on behalf of the partnership.

Minimum initial deposits vary by account type:

• Day Trading Accounts (Domestic): $30,000 initial deposit, $25,000 maintenance.
• Day Trading Accounts (International): $30,000 initial deposit, $25,000 maintenance.
• Non-Day Trading Accounts: $25,000 initial deposit, $10,000 maintenance.

For those who do not meet the minimum requirements for a Cobra Trading account, they can consider the "Venom by Cobra Trading" accounts, which have minimums starting from $3,000.

Cobra Trading Broker Account Opening Process

To open an account with Cobra Trading, follow these steps:

• Visit the Website: Go to Cobra Trading's account opening page.
• Open an Account: Click on “Open an Account” in the menu bar and follow the online instructions.
• Download Application: If preferred, download the appropriate account application from [here](https://cobra trading.com/accounts/) or request an account opening packet via mail or email.
• For Non-U.S. Residents: Email info@cobra trading.com to request an account opening application.
• Funding Your Account: You can fund your account via check, wire transfer, or account transfer.
• For check funding, make it payable to “Wedbush Securities” and include your account number on the memo line.
• For wire transfers, use the following instructions:
• Bank Name: U.S. Bank
• Bank Address: 80 S 8th St. # 224, Minneapolis, MN 55402
• ABA Number: 123-000-848
• Beneficiary: Wedbush Securities Inc / Sungard
• Account Number: 153910900825
• Account Transfer: To transfer an account from another firm, complete an account transfer form (ACAT) and include a copy of the most recent account statement.
• Trading: Once your account is approved and funded, you will receive an email notification with your live trading platform login details.

For more information, you can contact Cobra Trading at 877-792-6272 or via email at info@cobra trading.com.