Allowed Trading Activities

We have strict rules to stop harmful trading and gambling, but honest traders who trade by hand have a lot of freedom at FundedCobra.

Here is what you ARE allowed to do. News trading and weekend holding are allowed on King Cobra. Venom 2.0 has stricter rules, listed under "Accounts with stricter rules" below.

1. News Trading

You can trade around economic news. Whether it's NFP, CPI or FOMC, you can keep trades open through the big price moves or open new trades during the news.

2. Weekend Position Holding

You can leave trades open over the weekend. We do not make you close your trades on Friday afternoon. If you are a swing trader, you can keep your trades open for weeks if needed.

3. Trading Multiple Pairs Simultaneously

You can have open trades on EURUSD, Gold and US30 all at the same time. There is no limit on how many different markets you trade.

4. Both Long and Short Positions

You can open Buy (Long) trades and Sell (Short) trades. (Note: Just not at the same time on the EXACT SAME pair. See the Hedging Rule).

5. Partial Position Closing

You can close part of a trade to take some profit. If you open a 1.0 Lot trade, you can close 0.5 Lots and leave the rest open.

6. Modifying Stop Loss / Take Profit

You can change your Stop Loss and Take Profit after a trade opens. You can move your Stop Loss to your entry price (breakeven) or move it yourself as the price moves.

Accounts with stricter rules

• Venom 2.0: every trade must have a stop loss. We check this when you request a payout, and a trade without one closes the account. No weekend holding and no news trading, unless you bought those add-ons. The account lasts 40 days.
• Diwali 2026 free accounts (the 2 free accounts from the Buy 1 Get 2 Free offer) do not allow martingale (opening a trade twice as big or more right after a losing trade on the same pair) or stacking (4 trades in a row in the same direction on the same pair). See the Diwali offer article for all their rules.

Your account page shows your rules.

Not allowed on any account

We check for these before every payout. If we find one, we refuse the payout and close the account.

• Arbitrage: making profit from price delays or price differences (latency, price-feed or broker-to-broker) of any kind.
• Tick scalping: opening and closing many trades within seconds to profit from slow prices or price errors.
• Bought bots: ready-made EAs or bots bought online. You must place trades yourself.
• Copy trading: copying trades between different people, signal groups, sharing an account, or letting someone else trade your account.
• Outside hedging: taking the opposite trade at another firm or broker to protect your FundedCobra account.
• Price errors: using a clearly wrong price or a platform error. We remove trades opened on it.
• False claims: posting false claims about FundedCobra, or threatening to do so, to pressure us on a payout.