Cobra Prime
On this page
- Overview
- Every size in dollars
- Daily loss limit: 3%
- Maximum loss: 6%, moves up with your account
- Open-loss limit: 1.5%
- Withdrawal target: 5%
- Profitable days: 5
- Max Profit Per Trade: 60% of the target
- Daily profit limit: $3,000
- Minimum trade duration: 60 seconds
- No hedging
- Payouts
- Minimum payout: $100
- Add-ons at checkout
- Weekend holding: not allowed
- News trading: allowed
- Leverage
- Trading style
- Not allowed on any account
- Trading costs
- Refunds
Cobra Prime is an instant account from $10,000 to $100,000. There is no evaluation and no minimum number of trading days.
Overview
| Rule | Cobra Prime |
|---|---|
| Daily loss limit | 3%, fixed for the day, measured on equity |
| Maximum loss | 6%, moves up as your account grows and stops at your starting balance |
| Open-loss limit | 1.5%. First hit: trades close, split drops to 40%. Second hit: account ends |
| Withdrawal target | 5% |
| Before your first payout | 5 profitable days (at least 0.5% each) |
| Minimum trading days | None |
| Profit split | 80% (100% with an add-on) |
| Payouts | On demand, each up to 3% of the account (2% on $100,000) |
| Minimum payout | $100 |
| Daily profit cap | $3,000 |
| Max Profit Per Trade | 60% of the target |
| Minimum trade time | 60 seconds |
| Weekend holding | Not allowed (add-on available) |
| News trading | Allowed |
| Leverage | Forex 1:50; metals, indices, energy 1:10; crypto 1:2 |
Every size in dollars
| Account | Price / with PRIME20 | Target 5% | Daily 3% | Max-loss floor at the start | Floor stops rising at equity | Open loss 1.5% | Profitable day | Per trade cap | Comes off the account | To you (80%) |
|---|---|---|---|---|---|---|---|---|---|---|
| $10,000 | $249 / $199 | $500 | $300 | $9,400 | $10,600 | $150 | $50 | $300 | $300 | $240 |
| $25,000 | $599 / $479 | $1,250 | $750 | $23,500 | $26,500 | $375 | $125 | $750 | $750 | $600 |
| $50,000 | $1,199 / $959 | $2,500 | $1,500 | $47,000 | $53,000 | $750 | $250 | $1,500 | $1,500 | $1,200 |
| $100,000 | $1,999 / $1,599 | $5,000 | $3,000 | $94,000 | $106,000 | $1,500 | $500 | $3,000 | $2,000 | $1,600 |
PRIME20 is 20% off. Type it in the promo box at checkout; it is not applied automatically.
Daily loss limit: 3%
How it's calculated. At 00:00 UTC the platform takes your equity (balance plus open profit or loss) and sets a fixed floor 3% below it. The floor stays there until the next 00:00 UTC. It does not move up if you make profit during the day. Open losses count, so you can breach with the trade still open.
Maximum loss: 6%, moves up with your account
How it's calculated. The floor sits 6% of the starting balance below your highest equity, open trades included. When equity makes a new high, the floor moves up. It stops at your starting balance and never moves down. Profit removed by Max Profit Per Trade or the daily profit cap does not count toward that high.
Open-loss limit: 1.5%
How it's calculated. Add the loss on all your open trades, plus the commission charged on them. That total may not reach 1.5% of your starting balance. It is checked live.
- The first time it is reached, all your open trades close. The account stays open, but your profit split drops to 40% for the life of the account. It never goes back up.
- The second time, the account ends. Only trades opened after the first hit count toward the second.
Withdrawal target: 5%
You need 5% profit on the account for every payout, not only the first.
Profitable days: 5
How it's calculated. A profitable day is a trading day (00:00 to 00:00 UTC) whose closed trades net at least 0.5% of the account after commission. You need 5 before your first payout only. They do not have to be in a row. This rule can never breach you.
Max Profit Per Trade: 60% of the target
How it's calculated. 60% of your withdrawal target. One trade may not earn more than that. It never ends the account.
If a trade's open profit touches the cap at any moment, the whole profit of that trade is removed when it closes, even if it closes lower. Not only the part above the cap. You get a warning on screen shortly before the cap. Several partial closes of one trade count as one trade.
Daily profit limit: $3,000
Closed profit above $3,000 in one trading day (00:00 to 00:00 UTC), counted after Max Profit Per Trade, is removed from the balance. It does not count toward the target. It never ends the account.
Minimum trade duration: 60 seconds
Hold every trade for at least 60 seconds.
- You close by hand in under 60 seconds. The first time, the trade's profit is removed and you get a warning. The second time, the account ends.
- A take-profit or stop-loss closes it in under 60 seconds. The trade's profit is removed and you get a warning, up to 4 warnings. The 5th time, the account ends.
- The platform closes it on a margin stop-out. This never counts.
No hedging
You can't hold a buy and a sell on the same pair at the same time. Reaching that position ends the account. Trading many different pairs at once is fine.
This also covers your own accounts. A buy on one of your accounts and a sell on the same pair on another of your accounts, at the same time, breaches all the accounts involved. Holding the same direction on several of your own accounts is allowed.
Payouts
Request a payout whenever one is ready. There is no daily count, but each request waits until the previous one is processed. Every request needs:
- The account at or above the 5% target.
- At least 1% new profit since your last payout.
- Your 5 profitable days (first payout only).
Each payout takes at most 3% of the account (2% on $100,000). You receive your split of what comes off.
Payouts are paid in USDT on the TRON network (TRC-20) to your own wallet. The address starts with T. KYC must be approved first.
A request does not lock in your profit. It is judged on the account as it is when the team approves it: the profit must still be at the target, the amount must still fit, and there can be no open trades or pending orders.
Payouts are processed within 24 to 48 hours of the request. Requests placed on Friday night, Saturday or Sunday are often processed on Monday.
Minimum payout: $100
The smallest payout you can request is $100, checked against what you receive.
Add-ons at checkout
Add-ons are priced as a share of the list price. Codes do not discount them. They can't be changed after buying.
| Add-on | Price | On $10,000 |
|---|---|---|
| 100% profit split | +20% of the list price | +$49 |
| Weekend holding | +15% of the list price | +$37 |
Weekend holding: not allowed
Open forex, metals, indices and energy trades close by themselves 5 minutes before the Friday close (17:00 New York). New orders are refused until markets reopen. Crypto is not affected. It is never a breach. Buy the add-on to keep trades open.
News trading: allowed
There is no news block on Cobra Prime.
Leverage
- Forex 1:50
- Metals, indices, energy and other commodities 1:10
- Crypto 1:2
Leverage only limits position size. On $10,000 the open-loss line is $150, so size the trade so your stop stays well inside that.
Trading style
Martingale and grid are allowed. At most 4 open positions per pair in one direction. There is no inactivity rule and no time limit on a paid account.
Not allowed on any account
We check for these before every payout. If one is found, the payout is declined and the account is closed.
- Arbitrage of any kind: latency, price-feed or broker-to-broker.
- Tick scalping: opening and closing many trades within seconds to catch feed delays or glitches.
- Bots and EAs. Every trade must be placed by hand.
- Copy trading between different people, signal groups, account sharing, or letting someone else trade your account.
- Hedging your FundedCobra account against an account at another firm or broker.
- Using an obviously wrong price or a platform error. Those trades are removed.
- Posting false claims about FundedCobra, or threatening to, to pressure a payout decision.
Trading costs
Spreads are live market spreads and widen during volatile moments. Commission is charged once, when you open a trade: $3 per lot on forex, metals and energy; 0.05% of the trade value on crypto; none on indices.
Refunds
The account fee is one-time and is not refundable, on any account type, whether or not the account was logged into, traded, passed or breached. Payouts are your share of profit; the fee is not returned with them.
Older accounts keep the rules they were sold with. Your account page shows yours.