Cobra vs Centerpoint

Discussion in 'Retail Brokers' started by lwlee, May 30, 2021.

  1. lwlee

    lwlee

    Thanks but only looking for equities. Bankruptcy claims? Lol.

     
    #11     May 31, 2021
  2. AR15

    AR15

    I have accounts at both cobra and centerpoint and cobra has better customer service by far

    Cobra locates are cheaper on average and commissions as well

    I only use my centerpoint account when I can’t get a locate at cobra. Wedbush is very good for locates on HTB’s though

    Also there is now 4 locate sources you can access on your own in cobra. You don’t have to call anyone lol. It’s in the das platform. But if you message them they have free HTB locates on some stocks they give out every morning through the live chat
     
    #12     May 31, 2021
    Axon likes this.
  3. lwlee

    lwlee

    Thanks AR15.

    - is it true that Vision has better inventory than Wedbush?
    - on the das platform, does the app give you similar locate functionality like Centerpoint?
    - besides having centerpoint as a backup, is there any other reason you still kept it?
    - what other brokers do you have, that you kept and why?

     
    #13     May 31, 2021
  4. TradeZero_Dan

    TradeZero_Dan Sponsor

    We would agree that if you are serious about trading, that you should control your order routing. In addition to the free trading software, and free mobile app including locate access, you can access TradeZero's locate service, while also routing your own orders, commission free. The add/remove and route out fees are posted on our website. www.tradezero.us/pricing and click on Direct Routing.
    Why not actually give us a try and report your experience?
     
    #14     May 31, 2021
    Axon likes this.
  5. AR15

    AR15

    Yeah man. Vision has more than wedbush but CP is more expensive than cobra usually. Cobra u can get some locates for free if you chat with them on the site

    Locating is exactly the same on cobra as on CP

    The reason I keep the centerpoint account is cause if there’s not a locate at cobra I’ll get it at centerpoint that’s only like 1/50 stocks though usually.
     
    #15     Jun 1, 2021