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Cermak Account Type
Cermak offers two types of accounts for traders:
- Standard STP Account:
- Maximum Leverage: 1:500
- Minimum Spread: 0.8 pips
- Minimum Deposit: $50
- Commission: $0
- ECN Account:
- Maximum Leverage: 1:500
- Minimum Spread: 0.0 pips
- Minimum Deposit: Not specified
- Commission: $3
Both account types allow access to various trading instruments including Forex and CFDs on commodities, stocks, indices, and metals, with a demo account available for novice traders.
Cermak Broker Account Opening Process
To open a broker account with Cermak, follow these steps:
- Visit the Cermak Website: Go to cermak fx . com.
- Select Account Type: Choose between the Standard STP or ECN account based on your trading preferences.
- Fill Out the Application: Complete the online application form with required personal information, including your name, address, date of birth, and financial details.
- Fund Your Account: After your application is approved, fund your account with a minimum deposit of $50 for the Standard STP account.
- Start Trading: Once your account is funded, you can start trading on the MT5 platform.
For more detailed information, please refer to the sources:
Account info similar to that of a broker
CERMAK accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities,
Cryptocurrencies, Premium Neex accounts with a minimum deposit of by (2+) bank transfer.