Every rule, published before you buy. The same rules for every trader.
5% before every payout
There is no test to pass. You trade a funded account from day one, and ask for a payout when your balance is 5% above the start.
Needed before every payout, not only the first. Only closed profit counts.
4% static for the day
At 00:00 UTC we take your equity and set your floor 4% below it. The floor stays there all day. Losses on open trades count.
Resets every day at 00:00 UTC.
10% static
Your equity may never fall 10% below your starting balance. This line never moves.
Losses on open trades count, so the account can end while a trade is still open.
1% on one trade
One trade may not lose 1% of the account: its open loss plus its commission. Each trade is checked on its own.
A stop loss inside 1% keeps you clear of this rule.
3% on one trade
If one trade’s profit touches 3% of the account, that trade keeps none of its profit, even if it closes lower.
This rule never ends your account. You get a warning on screen just before the limit.
4 days of +1% before your first payout
Before each payout after that: 3 days of +0.5%. The days do not have to be in a row.
No minimum number of trading days.
There is no rule on how your profit is spread across days. One big day never counts against you and never blocks a payout.
The account has no end date. It runs until a rule ends it.
90% of every payout is yours
You keep 90% of what comes off your balance.
3 days of +0.5% between payouts
Your first payout comes after 4 profitable days of +1%. After that, you can ask again once you have 3 more profitable days of +0.5%.
Your balance must also be 5% above the start each time.
3% of the account, at most, per payout
Each payout takes up to 3% of the account from your balance.
Minimum payout $10.
Your balance is 5% above the start, and you have your profitable days: 4 days of +1% before the first payout, 3 days of +0.5% before each one after.
Identity check (KYC) before your first payout.
USDT on TRON (TRC-20)
We process payouts within 24 to 48 hours. Requests on Friday night or over the weekend are usually paid on Monday.
Trade forex, metals, energy, crypto and indices on CobraTerminal. A market can be off when it is closed or we have no reliable price for it.
Leverage only limits how big a trade can be. Your loss limits matter more.
Spreads follow the real market: small when it is calm, wider in fast moves and news. Commission is charged once, when you open a trade.
CobraTerminal
Trade in your browser at trade.fundedcobra.com, or in the Windows and Android apps.
MetaTrader 5 is not offered right now.
Allowed
Keep trades open overnight and over the weekend.
There is no minimum holding time. Close a trade whenever you like and keep its profit.
Trade NFP, CPI, FOMC and every other release. Keep trades open through the news or open new ones during it.
Keep trades open over the weekend, for weeks if you need to.
Have trades open on EURUSD, gold and US30 at the same time. No limit on how many markets.
Close part of a trade to take some profit, and move your stop loss and take profit whenever you like.
A stop loss is not required. One inside 1% keeps you clear of the per-trade limit.
A buy and a sell open on the same pair at the same time. This also covers your own accounts: a buy on one and a sell on another ends both.
Taking the opposite trade at another firm or broker to protect your FundedCobra account.
Making profit from price delays or price differences of any kind: slow feeds, other platforms, other brokers.
Opening and closing many trades within seconds to profit from slow prices or price errors. Fast trades placed by hand are fine on King Cobra.
Expert advisors, bots or scripts that open, close or change trades. You place every trade yourself. Indicators and alerts are fine.
Copying trades between different people or from signal groups, sharing an account, or letting someone else trade it.
Using a clearly wrong price or a platform error. Trades opened on it are removed.
We check for these before every payout. If we find one, we refuse the payout and close the account.
8% before every payout
There is no test to pass. You trade a funded account from day one, and ask for a payout when your balance is 8% above the start.
Needed before every payout, not only the first. Only closed profit counts.
3% trailing
Your floor sits 3% below the highest equity of the day. It moves up with you and never down. Losses on open trades count.
Resets every day at 00:00 UTC.
None
There is no overall loss limit. Only the daily limit and max risk per trade can end the account on losses.
1% on one trade
One trade may not lose 1% of the account: its open loss plus its commission. Each trade is checked on its own.
A stop loss inside 1% keeps you clear of this rule.
3% on one trade
If one trade’s profit touches 3% of the account, that trade keeps none of its profit, even if it closes lower.
This rule never ends your account. You get a warning on screen just before the limit.
Every trade needs a stop loss. We check it when you ask for a payout.
60 sec
Do not close a trade yourself in under 60 seconds.
There is no rule on how your profit is spread across days. One big day never counts against you and never blocks a payout.
40 days
The account ends 40 days after it is delivered. Ask for your payouts before then.
80% of every payout is yours
You keep 80% of what comes off your balance.
Daily
Ask for a payout on any day you meet the conditions. One request a day.
3% of the account, at most, per payout
Each payout takes up to 3% of the account from your balance.
Minimum payout $10.
Your balance is 8% above the start, and every trade had a stop loss.
Identity check (KYC) before your first payout.
USDT on TRON (TRC-20)
We process payouts within 24 to 48 hours. Requests on Friday night or over the weekend are usually paid on Monday.
Trade forex, metals, energy, crypto and indices on CobraTerminal. A market can be off when it is closed or we have no reliable price for it.
Leverage only limits how big a trade can be. Your loss limits matter more.
Spreads follow the real market: small when it is calm, wider in fast moves and news. Commission is charged once, when you open a trade.
CobraTerminal
Trade in your browser at trade.fundedcobra.com, or in the Windows and Android apps.
MetaTrader 5 is not offered right now.
Add-on
Holding trades over the weekend needs the weekend add-on, chosen at checkout.
Have trades open on EURUSD, gold and US30 at the same time. No limit on how many markets.
Close part of a trade to take some profit, and move your stop loss and take profit whenever you like.
Add-on
Trading during high-impact news needs the news add-on, chosen at checkout.
Add-on
Holding trades over the weekend needs the weekend add-on, chosen at checkout.
A buy and a sell open on the same pair at the same time. This also covers your own accounts: a buy on one and a sell on another ends both.
Taking the opposite trade at another firm or broker to protect your FundedCobra account.
Making profit from price delays or price differences of any kind: slow feeds, other platforms, other brokers.
Opening and closing many trades within seconds to profit from slow prices or price errors. Fast trades placed by hand are fine on King Cobra.
Expert advisors, bots or scripts that open, close or change trades. You place every trade yourself. Indicators and alerts are fine.
Copying trades between different people or from signal groups, sharing an account, or letting someone else trade it.
Using a clearly wrong price or a platform error. Trades opened on it are removed.
We check for these before every payout. If we find one, we refuse the payout and close the account.
None
There is no target to pass. Ask for a payout on any day once you are 6% up, or every 14 days once you are 2% up.
5% trailing, the only rule that ends the account
Your equity may not fall 5% below its highest point. The line follows you up and locks at your starting balance. It never moves down, not even after a payout.
Losses on open trades count.
2% all open trades together
If all your open trades together lose 2% of the account, they all close. Your account keeps going.
Profit from trades you closed earlier is kept.
There is no limit on how much one trade can make. A big winner keeps all its profit.
None
There is no daily loss limit.
There is no rule on how your profit is spread across days. One big day never counts against you and never blocks a payout.
None
No minimum days and no profitable-days rule before a payout.
The account has no end date. It runs until the 5% rule ends it.
70% → 80%
You keep 70% of your first two payouts, and 80% from the third payout on.
6% profit first
Once your closed profit reaches 6%, ask for a payout on any day.
2% profit is enough
Or wait 14 days: then 2% closed profit is enough for a payout.
1% always kept
Your loss line never moves down after a payout, so every payout leaves you less room. A payout cannot leave less than 1% of room above the line.
USDT on TRON (TRC-20)
We process payouts within 24 to 48 hours. Requests on Friday night or over the weekend are usually paid on Monday.
Identity check (KYC) before your first payout.
Trade forex, metals, energy, crypto and indices on CobraTerminal. A market can be off when it is closed or we have no reliable price for it.
1:30 max
Leverage only limits how big a trade can be. Your loss limits matter more.
Spreads follow the real market: small when it is calm, wider in fast moves and news. Commission is charged once, when you open a trade.
CobraTerminal
Trade in your browser at trade.fundedcobra.com, or in the Windows and Android apps.
MetaTrader 5 is not offered right now.
Allowed
Keep trades open overnight and over the weekend.
There is no minimum holding time. Close a trade whenever you like and keep its profit.
40% of profit counts
Trade the news. Profit from a trade within 5 minutes of a high-impact release counts at 40%. Losses count in full.
Allowed on the same account
A buy and a sell on the same pair, on the same account, is allowed.
Keep trades open over the weekend, for weeks if you need to.
Have trades open on EURUSD, gold and US30 at the same time. No limit on how many markets.
Close part of a trade to take some profit, and move your stop loss and take profit whenever you like.
A buy on one account and a sell on the same pair on another, yours or someone else’s, or at another firm.
Making profit from price delays or price differences of any kind: slow feeds, other platforms, other brokers.
Opening and closing many trades within seconds to profit from slow prices or price errors. Fast trades placed by hand are fine on King Cobra.
Expert advisors, bots or scripts that open, close or change trades. You place every trade yourself. Indicators and alerts are fine.
Copying trades between different people or from signal groups, sharing an account, or letting someone else trade it.
Using a clearly wrong price or a platform error. Trades opened on it are removed.
We check for these before every payout. If we find one, we refuse the payout and close the account.
An account you already own keeps the rules it was sold with. They are on its account page.
