Accounts, rules, payouts, the platform and payment. Short answers, nothing hidden.
Two accounts. Venom 2.0: instant accounts from $1,250 to $100,000 with no evaluation, an 8% target, a 3% trailing daily limit, no max loss, daily payout requests and a 40-day account. King Cobra: instant accounts for scalpers from $500 to $50,000 with no evaluation, a 5% target, a 4% daily and a 10% max loss (both static), a 90% split, no minimum hold time and no time limit. Accounts bought earlier keep the rules they were sold with.
Venom 2.0 if you want no max loss and payout requests on any day you reach the target. King Cobra if you scalp, trade news or hold over weekends, and want a 90% split. Both have the no-hedging rule and Max Risk Per Trade: one trade may not lose 1% of the account.
Venom 2.0 starts at $30, or $18 with code VENOM40. King Cobra starts at $17, or $10 with code KING40. Every price is on the accounts page, and the checkout shows the same number.
VENOM40 takes 40% off any Venom 2.0 account and KING40 takes 40% off any King Cobra account. Links from this site carry it, or you can type it at checkout. One code per order.
No. The fee buys access to a simulated account and its rules. Read the rules before you pay.
Yes. A breached account stays closed, and you can start a fresh one at any time. Some breached accounts are offered a discounted reset by email.
No hedging: one direction per pair, also across your own accounts. Max Risk Per Trade: one trade may not lose 1% of the account, commission included. The first time, that trade closes and your split drops to 30% for good. The second time ends the account. Venom 2.0 has one more. The 60-second rule: hold every trade at least 60 seconds; the first manual close under 60 seconds is a warning (profit removed), the second ends the account. King Cobra has no minimum hold time. Neither account has a limit on all open trades together. The full page is at fundedcobra.com/knowledge-base.
Venom 2.0: 3% trailing daily, no maximum. The daily limit trails the day's highest equity and resets at 00:00 UTC. King Cobra: 4% daily and 10% maximum, both static. The daily floor is set at 00:00 UTC, 4% below your equity at that moment, and stays there all day. The maximum floor is 10% below your starting balance and never moves. All limits are measured on equity, so open trades count.
Yes, Max Profit Per Trade: 3% of the account on Venom 2.0 and on King Cobra (on King Cobra that is 60% of the 5% target). If a trade reaches it, that trade's whole profit is removed at close, and it never breaches you.
No. You can’t hold a buy and a sell on the same pair at the same time. Trading many different pairs at once is fine.
On King Cobra, yes. News trading and weekend holding are both allowed. On Venom 2.0, only with an add-on, and then drawdown limits still apply and weekend gaps count toward equity. Without it, open trades close before the weekend, and a trade running or placed from 5 minutes before to 5 minutes after high-impact news breaches the account when it closes. Weekend holding and news trading can both be added at checkout. Crypto is never affected.
Every trade must be placed by hand. Bots and EAs are not allowed. Copying trades with other people is not allowed. On your own accounts, trading the same direction is fine; opposite trades on the same pair across your accounts count as hedging.
On Venom 2.0, yes: every trade needs one by the time it closes, and it is checked at payout. On King Cobra it is not required. Max Risk Per Trade is checked live while your trades are open, so a stop loss inside 1% is the easiest way to stay under the line while you are away from the screen.
Open the Payouts tab in your dashboard, select your account and choose the payout method. The request is reviewed against the account’s withdrawal target, schedule, minimum days and the trading rules before it is sent.
Venom 2.0: one request a day on any day the account is at the 8% target. King Cobra: your first payout after 4 profitable days of +1%, then a payout after every 3 profitable days of +0.5%, at the 5% target, from $10. On both, each payout is up to 3% of the account.
Venom 2.0: 80% from your first payout. King Cobra: 90%. On both, the first Max Risk Per Trade hit lowers it to 30% for good.
Venom 2.0 and King Cobra: no. King Cobra needs 4 profitable days of at least 1% each before the first payout, then 3 profitable days of at least 0.5% each since your last payout. Older accounts keep the rules they were sold with. Your account page shows yours.
In USDT on the Tron network, to a wallet in your own verified name. Each on-chain payout links to its Tronscan transaction on the payout proof page.
Yes, before your first payout. Payouts only go to a wallet in the verified account holder’s name.
Cobra Terminal, our own web platform. It runs in any browser and as an app on your phone. Charts, quotes, trade controls, history and your live rule status are in one place.
Forex, gold and silver, major indices, crypto and energy, with live market prices.
Forex majors 1:100, gold and silver 1:20, indices 1:20, BTC and ETH 1:10. On Venom 2.0 and King Cobra all metals are 1:10. Leverage is a cap on position size; your loss limits are the rules that matter.
Yes. Your daily and maximum loss lines, open risk and trading days are shown live inside Cobra Terminal.
USDT, and local methods where available: UPI, PhonePe and Paytm in India, Nagad and Upay in Bangladesh, JazzCash and Raast in Pakistan. Your login arrives by email within minutes of a confirmed payment.
Email support@fundedcobra.com or open the support page. Our in-house team replies within a few hours.
No. FundedCobra provides simulated accounts on its own platform. No real money is traded, and payouts are rewards paid from our own funds when an account meets the published rules.
Still stuck? Email support@fundedcobra.com or open the support page.
Compare every account before you pay.