Head to head
Cobra Trading vs tastytrade
Both platforms are scored with the same methodology and the same category rubric. Nothing on this page is influenced by advertising.
48/100 | 53/100Higher score | |
|---|---|---|
| Category rank | #10 | #6 |
| Confidence | High confidence | High confidence |
| External Reputation | 70 | 66 |
| AI Authority | 17 | 26 |
| Web Authority | 39 | 57 |
| Expert Assessment | 68 | 68 |
| TOP10 User Score | — | — |
| Pricing | $0.003 per share (0–100K shares/month tier); options $0.50 per contract (0–2,000 contracts/month) · free tier: None — $30,000 required to open a day-trading account and $25,000 minimum balance maintained | $0.75 per micro futures contract to open and $0.75 to close, plus $0.30/contract clearing fee + exchange fees + NFA fee · free tier: None — no plans or subscriptions; stocks and ETFs trade at $0.00 commission (clearing fee $0.0008/share + regulatory fee) and event contracts at $0.00 commission |
| Pricing model | Usage-based | Usage-based (per contract / per trade commissions, no subscription tiers) |
| Best for | Funded day traders and active short sellers with $30,000+ who trade at least 200,000 shares/month (clearing the software fee waiver), want explicit route selection and integrated locates, and will call the desk to negotiate and maintain their commission tier. | US-based active retail traders working micro and E-mini equity-index futures and futures options who want SPAN-based risk tooling in one account and fund by ACH. |
| Avoid if | You have under $30,000, trade under 200,000 shares a month, want futures or multi-asset trading in one account, are a buy-and-hold investor or beginner, or are unwilling to actively manage your own fee tier — fixed software and data fees plus the default top commission tier make it expensive at low volume. | You are a non-US resident, finance positions on equity margin, trade high-volume futures options expecting the $10 cap, are crypto-led, or may transfer out soon. |
| Markets | Active day traders, Professional/high-volume traders, Short sellers, US residents, Non-US residents | Retail self-directed traders, Active derivatives traders, Small-to-mid account sizes |
| Founded | — | — |
| Headquarters | Carrollton, Texas, United States | Chicago, Illinois, United States (1330 W Fulton St., Suite 600) |
A higher TOP SCORE means more of the evidence favours that platform on this methodology — it is not a recommendation, and it does not account for your specific requirements. Advertisers are never declared the winner of a comparison.