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Pick your account in the menu to see all its rules in one place, with examples in dollars.

The rule card on your own account always wins. Open Trading accounts at account.fundedcobra.com, choose the account, and it shows your exact rules. If it ever differs from these pages, contact support: a difference is treated as an error for us to correct.

Choose your account

• Cobra Venom: instant, $500 to $9,000
• Cobra Prime: instant, $10,000 to $100,000
• Cobra Strike: instant, $2,000 to $5,000, no daily limit
• 1-Step: one evaluation phase
• 2-Step: two evaluation phases
• Diwali free accounts: the free accounts that come with a Cobra Venom
• Free Challenge: closed to new entries

Not sure which is best? See All accounts side by side.

The three rules that can end any paid account

Under these sit the daily loss and maximum loss limits of each account.

• No hedging. One direction per pair.
• 60 seconds. Hold every trade at least 60 seconds.
• Open risk. All open trades together may not be down more than 1.5% of the account at the same moment. Cobra Strike uses 1%. On Cobra Prime and Cobra Strike, the first hit closes your trades and lowers your split, and the second ends the account.

Words used on these pages

• Balance: your closed account balance.
• Equity: your balance plus the open profit or loss on your trades.
• Target: the profit you need before a payout or to pass a phase.
• Trading day: runs from 00:00 to 00:00 UTC.
• Breach: a rule ended the account.

All accounts are simulated. FundedCobra is not a broker and does not give investment advice.