What instruments can I trade?
Updated 10 November 2026
The list inside your trading platform shows what is available right now.
CobraTerminal markets
CobraTerminal offers these markets when they are available:
- Forex — major, minor and selected exotic pairs
- Metals — including Gold and Silver
- Energy — including available Oil markets
- Cryptocurrency — including available major crypto pairs
- Indices — only when we have live market data for them
A market can be turned off for a time when we have no reliable licensed price for it. If the terminal shows it as unavailable, you can't place new orders on it.
Leverage by asset class
Leverage lets you open a bigger trade than your balance alone allows.
- Forex majors: up to 1:100 (exotic pairs 1:66)
- Gold and silver: 1:20
- Platinum, palladium and copper: 1:50
- Indices: 1:20
- Energy (oil and gas): 1:50
- Bitcoin and Ethereum: 1:10 (other crypto 1:5)
Venom 2.0 and King Cobra: all metals are 1:10 (gold, silver, platinum, palladium and copper), energy is 1:10 and crypto is 1:2. Forex and indices are as listed above.
Leverage only limits how big a trade can be. Your loss limits matter more. On a $5,000 account, a full-size gold trade can reach the 1% Max Risk Per Trade limit when gold moves just a few dollars. So choose your trade size from your loss limit, not from your leverage.
Market hours follow each market. Forex and most traditional markets close for their normal sessions and the weekend. Supported crypto markets may stay open when Forex is closed.
