Cerus Markets

Cerus Markets claims to segregate client funds and stores them with reputable banks, which adds a layer of safety. While this is reassuring, I still have reservations about unregulated brokers. The lack of robust regulation could potentially expose me to higher risks, especially in the event of disputes or financial instability. I would advise traders to be mindful of the risks involved when choosing an unregulated broker, despite Cerus' transparent approach and solid client fund protection measures.

Cerus Markets provides the Cerus platform, which is web-based, allowing traders to access it from any device without the need for installation. I like the user-friendly interface, which makes it accessible for beginners, but I personally prefer the MetaTrader 5 (MT5) platform for its advanced features like automated trading, technical analysis, and multi-asset capabilities. With MT5, I can trade forex, stocks, and cryptos on a single platform, which is a huge benefit for me as a diverse trader.

Cerus Markets offers a relatively transparent fee structure. The Micro and Standard accounts come with no commission, though spreads start at 0.4 pips for major pairs like EUR/USD. For more active traders or those seeking low spreads, the ECN account offers raw spreads starting from 0.0 pips but charges a $10 commission per lot, which is competitive in the industry. As someone who trades frequently, I’d lean toward the ECN account for better cost-efficiency, especially if I’m trading high volumes.

Cerus Markets offers a leverage of up to 400:1 for forex, commodities, and indices, which I find attractive as an active trader looking to amplify my positions. However, cryptocurrency leverage is capped at 100:1, which makes sense given the volatility of the crypto market. While high leverage offers the potential for greater returns, I always take caution, as it also increases the risk of significant losses. If I were new to trading, I would start with lower leverage to ensure I understand the market dynamics.