I've traded with Cobra for several years now. I like (1) the guys that work there, (2) excellent, personal customer service, (3) commission schedule, (4) execution speed.
Cobra offers several platforms, of which I use Instaquote (IQ), software owned by Bank of America. IQ offers very good executions and reliability, but in terms of charting, features, and responsiveness of their development team to requests for improvements, is mediocre at best. IQ seems to respond only to enhancement requests generated by BoA's in-house traders, but not to those of their other clients.
I'm told by the guys I work with at Cobra that lately IQ has been showing more inclination to be client friendly, so maybe they'll start coming through with needed improvements.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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