Effective 1 October 2026.
FundedCobra does not accept deposits, does not hold client funds and does not place trades in any real market. The only money that moves is the account fee a trader pays to FundedCobra and the payouts FundedCobra sends from its own funds. This policy covers both.
Who we pay
- Payouts are sent only after identity verification (KYC) is approved, and only to a wallet in the verified account holder’s name.
- One person, one identity. Duplicate identities, shared wallets and linked accounts are treated as one account; payouts are declined and the accounts are closed.
- We may ask for additional documents or proof of wallet ownership before a payout is released.
Payments we accept
- Fees are accepted only through the payment methods shown on the live checkout. Payments sent any other way are not recognised.
- We do not accept cash, third-party payments made on someone else’s behalf, or payments from sanctioned persons or jurisdictions.
Monitoring
Trading activity, payment patterns and payout requests are reviewed for abuse, including mirrored trading across accounts, chargeback fraud and attempts to use the platform to move funds. Suspicious activity leads to closed accounts, declined payouts and, where the law requires it, reports to the relevant authorities.
Questions: [email protected].
