Cerus Markets 2025 Review: Everything You Need to Know
In the ever-evolving landscape of online trading, Cerus Markets has emerged as a relatively new player since its establishment in 2022. This broker, regulated by the Labuan Financial Services Authority in Malaysia, offers a diverse range of trading opportunities, particularly in cryptocurrencies, forex, stocks, and commodities. However, the overall reception of Cerus Markets has been mixed, with both positive features and notable red flags highlighted in various reviews.
Note: It's crucial to consider the varying regulations across regions, as Cerus Markets operates under Labuan's less stringent regulatory framework, which may raise concerns for potential investors.
Rating Overview
We evaluate brokers based on various factors, including regulatory compliance, user feedback, and trading conditions.
Broker Overview
Cerus Markets, founded in 2022, is a multi-asset broker based in Labuan, Malaysia. It operates under the regulatory oversight of the Labuan Financial Services Authority (LFSA), which allows it to offer trading services across multiple asset classes. The broker's proprietary trading platform provides access to over 200 instruments, including cryptocurrencies, forex, stocks, and commodities. However, it does not support popular platforms like MetaTrader 4 or MetaTrader 5, which may deter some traders.
Detailed Breakdown
Regulatory Geographies
Cerus Markets is regulated by the Labuan Financial Services Authority, which is considered a tier-3 regulatory body. Although this provides some level of oversight, it lacks the stringent requirements seen in tier-1 or tier-2 jurisdictions. This raises concerns about the safety and security of client funds, especially given the broker's focus on cryptocurrency trading, which is often associated with higher risks.
Deposit/Withdrawal Methods and Currencies
Cerus Markets accepts a variety of deposit and withdrawal methods, including bank wire transfers, credit/debit cards, and cryptocurrency wallets. The minimum deposit requirement is set at $50, making it accessible for new traders. However, while Cerus Markets claims no deposit or withdrawal fees, clients should be cautious of potential third-party processing fees.
The broker offers a 100% deposit bonus for new clients who deposit at least $50. This bonus can significantly enhance trading power, allowing traders to explore a wider range of instruments. However, its essential to read the terms and conditions associated with the bonus, as they may include specific trading volume requirements.
Tradable Asset Classes
Cerus Markets provides access to a comprehensive range of trading instruments, including forex, commodities, indices, and cryptocurrencies. This diversification allows traders to hedge their positions effectively. Notably, the platform facilitates trading cryptocurrencies against traditional assets, a feature that sets it apart from many competitors.
Costs (Spreads, Fees, Commissions)
Cerus Markets operates on a commission-free model, with the only cost incurred being the spread. However, specific spread information is not publicly disclosed, which might raise transparency concerns among traders. Some reviews indicate spreads can be variable, depending on market conditions, which could affect trading costs.
Leverage
The broker offers leverage of up to 400:1 for forex, commodities, and indices, while cryptocurrency trading is capped at 100:1. While high leverage can amplify potential profits, it also significantly increases risk, particularly in volatile markets.
Cerus Markets utilizes its proprietary trading platform, which is accessible via both desktop and mobile devices. While the platform is user-friendly, the absence of MetaTrader 4 and 5 may limit advanced traders looking for more robust trading tools.
Restricted Regions
Currently, Cerus Markets does not accept traders from the United States, which may limit its market reach. This is a common restriction among many brokers, primarily due to regulatory concerns.
Available Customer Support Languages
Customer support is available in multiple languages, but the broker lacks a live chat option, which can hinder timely assistance. Reviews indicate that the email response time can be slow, with some users reporting delays in receiving help.
Repeated Rating Overview
Detailed Evaluation
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Account Conditions (6/10): Cerus Markets offers a straightforward account setup with a low minimum deposit. However, the lack of multiple account types may limit options for more experienced traders.
Tools and Resources (5/10): The educational resources available are somewhat limited compared to other brokers. While there are some materials, traders may need to seek additional information elsewhere.
Customer Service and Support (4/10): The absence of live chat and slow email response times can be frustrating for users needing immediate assistance, especially during trading hours.
Trading Setup (6/10): While the proprietary platform is user-friendly, the lack of advanced features found in other trading software, like MetaTrader, may deter some traders.
Trustworthiness (5/10): The regulatory oversight from a tier-3 authority raises concerns about the safety of client funds. Additionally, mixed reviews regarding withdrawal processes add to the apprehension.
User Experience (6/10): Overall, user experiences vary widely, with some traders praising the platform's functionality while others report challenges with withdrawals and customer service.
In conclusion, Cerus Markets Review indicates that while the broker offers a range of trading options and a user-friendly platform, potential traders should carefully consider the risks associated with its regulatory status and customer service limitations. As always, it's advisable to conduct thorough research and consider personal risk tolerance before engaging with any broker.