CerusMarkets Forex Broker

Cerusmarkets Forex Broker - Complete Information Guide

1. Broker Overview

　　Cerus Markets Limited, established in 2022, is a multi-asset broker headquartered in Labuan, Malaysia. As a private entity, Cerus Markets has quickly positioned itself within the financial trading landscape, focusing on providing innovative trading solutions to a global audience. The broker caters to clients from over 100 countries, offering access to a diverse range of trading instruments.

　　Since its inception, Cerus Markets has formed partnerships with reputable platforms such as bitcoin.com, Coindesk, and Forex Factory, enhancing its visibility and credibility in the market. The broker aims to revolutionize the trading experience by integrating traditional financial instruments with the dynamic world of cryptocurrencies.

　　Cerus Markets operates on a market-maker model, facilitating retail forex and cryptocurrency trading. Its unique approach includes offering non-deliverable crypto contracts (NDCs), allowing traders to engage in cryptocurrency trading without the need for hardware wallets, as user funds are securely stored in fiat accounts.

　　With a commitment to empowering traders of all levels, Cerus Markets presents a user-friendly platform, competitive leverage, and a minimum deposit requirement of just $50, making it accessible to both novice and experienced traders.

2. Regulatory and Compliance Information

　　Cerus Markets is regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, holding the registration number LL 17651. This regulatory body oversees the operations of financial institutions in the Labuan territory, ensuring compliance with local laws and regulations.

　　The LFSA license allows Cerus Markets to conduct money-broking business, providing a level of oversight that is essential for client security. However, it is important to note that the LFSA is classified as a tier-3 regulator, which may not offer the same level of investor protection as tier-1 or tier-2 regulators.

　　Client funds are held in segregated accounts, ensuring that they remain separate from the broker's operational funds. This practice enhances security, protecting client assets in the event of company insolvency. Cerus Markets adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, implementing measures to prevent fraudulent activities and protect against money laundering.

3. Trading Products and Services

　　Cerus Markets offers a wide array of trading products across various asset classes, including:

• 　　Forex: The broker provides access to over 60 currency pairs, including major, minor, and exotic pairs. Traders can benefit from competitive spreads and leverage up to 400:1 for non-crypto pairs.

• 　　CFD Products: Traders can engage in contracts for difference (CFDs) on indices, commodities, and stocks. This includes popular indices such as the S&P 500 and commodities like gold and crude oil.

• 　　Cryptocurrencies: Cerus Markets stands out by allowing trading of cryptocurrencies against traditional assets. Traders can go long or short on major cryptocurrencies like Bitcoin and Ethereum, with leverage of up to 100:1.

• 　　Unique Offerings: The introduction of NDCs allows traders to speculate on the price movements of cryptocurrencies against major global companies and indices, enhancing trading flexibility.

　　Cerus Markets continuously updates its product offerings to meet market demands, ensuring that clients have access to the latest trading opportunities.

4. Trading Platforms and Technology

　　Cerus Markets provides a proprietary trading platform designed to cater to a diverse range of trading needs. Key features of the platform include:

• 　　User-Friendly Interface: The platform is accessible via web and mobile devices, offering a seamless trading experience for users on the go.

• 　　Technical Analysis Tools: Traders can utilize over 20 built-in technical indicators, including MACD, RSI, and SMA, to enhance their market analysis.

• 　　Charting Options: The platform supports various chart types, including line and candlestick charts, allowing for in-depth price history analysis.

• 　　Execution Model: Cerus Markets operates on a market-making model, providing clients with immediate access to liquidity and competitive spreads.

• 　　API Access: While specific details on API integration were not highlighted, the platform supports automated trading, allowing traders to implement their strategies effectively.

　　Cerus Markets does not currently support MetaTrader 4 or 5, which may limit options for traders who prefer these popular platforms. However, the proprietary platform is designed to meet the needs of modern traders.

5. Account Types and Trading Conditions

　　Cerus Markets offers a single account type with the following trading conditions:

• 　　Minimum Deposit: The minimum deposit required to open an account is $50.

• 　　Spreads and Commissions: The broker operates on a commission-free basis, with trading costs solely derived from the spread. Specific spread values are not publicly disclosed.

• 　　Leverage: Traders can access leverage up to 400:1 for forex and commodities, and 100:1 for cryptocurrencies, allowing for enhanced trading potential.

• 　　Minimum Trade Size: The minimum trade size is set at 0.01 lots, accommodating both small and large traders.

• 　　Overnight Fees: Cerus Markets applies overnight fees (also known as rollover fees) based on the interest rate differentials between the currencies involved in a pair.

　　Unfortunately, Cerus Markets does not offer a demo account, which may be a drawback for new traders seeking a risk-free environment to practice their trading strategies.

6. Fund Management

　　Cerus Markets provides various secure deposit and withdrawal methods to facilitate client transactions:

• 　　Deposit Methods: Clients can deposit funds using bank wire transfers, credit/debit cards (Visa, Mastercard), and various e-wallets. The minimum deposit amount is $50.

• 　　Deposit Processing Time: Deposits are processed instantly for credit/debit card transactions, while bank transfers may take longer.

• 　　Deposit Fees: Cerus Markets does not charge deposit fees; however, clients should be aware of potential processing fees from their payment providers.

• 　　Withdrawal Methods: Withdrawals can be made via bank wire transfer, credit/debit cards, and e-wallets. The minimum withdrawal amount is typically $50.

• 　　Withdrawal Processing Time: Cerus Markets generally processes withdrawal requests within 24 hours, but the total time for funds to reflect in a client's account can take up to 5 business days, depending on the payment method.

• 　　Withdrawal Fees: There are no withdrawal fees charged by Cerus Markets, although clients may incur fees from their banks or payment processors.

  　　

7. Customer Support and Educational Resources

　　Cerus Markets is committed to providing effective customer support and educational resources:

• 　　Support Channels: Clients can reach customer support via email at support@cerusmarkets.com. However, there is no live chat or telephone support available.

• 　　Service Hours: Customer support operates from 24/5, allowing clients to submit inquiries at any time.

• 　　Multilingual Support: The broker offers support in multiple languages, primarily English and Malay.

• 　　Educational Resources: Cerus Markets provides a variety of educational materials, including trading guides, market news, and an economic calendar to keep traders informed.

• 　　Market Analysis Services: The platform features a news section that offers updates on forex, cryptocurrencies, and stock markets, helping traders stay abreast of market developments.

  　　

8. Geographic Coverage and Restrictions

　　Cerus Markets has a wide geographic reach, primarily focusing on the Malaysian market. However, there are certain restrictions:

• 　　Main Service Markets: The broker serves clients in over 100 countries, providing access to various financial markets.

• 　　Regional Offices: Cerus Markets operates from its headquarters in Labuan, Malaysia, with no additional regional offices reported.

• 　　Countries Not Accepted: Notably, Cerus Markets does not accept traders from the United States, limiting access for potential clients in that region.

• 　　Special Restrictions: Due to regulatory requirements, certain services may not be available in specific jurisdictions, and clients are encouraged to verify their eligibility before opening an account.

　　In conclusion, the Cerusmarkets broker presents a compelling option for traders looking to explore a diverse range of financial instruments, particularly in the cryptocurrency domain. With its innovative approach and regulatory oversight, it aims to provide a secure and user-friendly trading experience. However, potential clients should carefully consider the broker's offerings and limitations before engaging in trading activities.