Venom by Cobra Trading Review 2024
4.81/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
- FINRA
- NFA
- SIPC
- CFTC
Foundation date:
- 2019
4.81/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
- FINRA
- NFA
- SIPC
- CFTC
Foundation date:
- 2019
Venom by Cobra Trading isn't available in United States
Check out the best Forex brokers
Our Evaluation of Venom by Cobra Trading
4.81/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Venom by Cobra Trading is a broker with higher-than-average risk and the TU Overall Score of 4.81 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Venom by Cobra Trading clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Brief Look at Venom by Cobra Trading
Venom is a division of Cobra Trading, Inc., a member of FINRA (CRD#: 132078/SEC#: 8-66548), NFA (0402075), and SIPC. Venom team is dedicated to providing top services and assisting traders in every arising issue. Every customer may be sure the company is ready and willing to put extra efforts to ensure comfortable and effective trades from the very first step.
Venom by Cobra Trading Summary
| 💻 Trading platform: | Venom Web, Venom Desktop, Venom Mobile |
|---|---|
| 📊 Accounts: | IRA, retail margin account |
| 💰 Account currency: | USD |
| 💵 Replenishment / Withdrawal: | Wire Transfer, ACH transfer, Online Bill Pay |
| 🚀 Minimum deposit: | 5000 USD |
| ⚖️ Leverage: | 4:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Spread: | From 0.25$ |
| 🔧 Instruments: | Forex, US Stocks, Bonds, ETFs, Options, Futures |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Mobile Platforms |
| ➕ Affiliate program: | No |
| 📋 Orders execution: | Market Execution |
| ⭐ Trading features: | No |
| 🎁 Contests and bonuses: | No |
Venom by Cobra Trading Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Timelessfx
2 weeks ago
JakudzenTut
1 year ago
uyStockdaledAbotb
1 year ago
GabrielSn
1 year ago
Ravindu444
3 years ago
hasdony7
3 years ago
Monireth
3 years ago
Comparison of Venom by Cobra Trading with other Brokers
| Venom by Cobra Trading | RoboForex | Pocket Option | Exness | Deriv | Tickmill | |
| Trading platform |
Venom Web, Venom Desktop, Venom Mobile | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | Deriv bot, Deriv MT5, Derivix, Deriv Trader, SmartTrader | MT4, MT5, Tickmill Mobile App |
| Min deposit | $5000 | $10 | $5 | $10 | $1 | $100 |
| Leverage |
From 1:4 to 1:1 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | No | Yes |
| Accrual of % on the balance | No | No | No | No | 1.00% | No |
| Spread | From 0 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
No | 60% / 40% | 30% / 50% | No / 60% | 100% / 50% | 100% / 30% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | $30 |
| Cent accounts | No | Yes | No | No | No | No |
User Satisfaction