Overview of Cerus Markets
Cerus Markets is a brokerage firm based in the Labuan Federal Territory of Malaysia. They offer a diverse range of market instruments, including trading pairs featuring popular cryptocurrencies and traditional assets like stocks, commodities, and global indices. Cerus Markets provides a proprietary web-based trading platform designed to cater to the needs of traders, offering features like real-time market data, advanced charting tools, and an intuitive interface.
Is Cerus Markets regulated？
Cerus Markets Limited is a financial entity registered under the Labuan Federal Territory of Malaysia's business registry with registration number LL17651. It operates under the authorization and regulation of the Labuan Financial Service Authority (LFSA). The LFSA has granted Cerus Markets Limited the permission to engage in money-broking business activities in accordance with Section 86 of the Labuan Financial Services and Securities Act 2010 (LFSSA), as stipulated in Section 92(1) of the LFSSA.
The regulatory status of Cerus Markets is further confirmed by the issuance of a license with reference LFSA.900-14/MB/148/2021 (153) by the Labuan Financial Service Authority. This regulatory oversight ensures that Cerus Markets complies with the necessary financial regulations and standards established by the relevant authorities, which can provide a level of assurance to traders considering its services.
Pros and Cons
Cerus Markets offers a regulated trading environment under the Labuan Financial Service Authority, providing a sense of security for traders concerned about the broker's legitimacy. The platform's diverse range of market instruments, including cryptocurrencies and global stocks, offers traders ample opportunities to diversify their portfolios. Cerus Markets also provides multiple customer support channels, making it accessible to a broader audience. Additionally, the proprietary web-based trading platform is user-friendly, providing real-time data and advanced charting tools. The availability of educational resources further enhances its appeal, aiding both novice and experienced traders in gaining insights into financial markets.
While Cerus Markets has several strengths, it's important to note the absence of multiple account types, which may not suit traders seeking customized features or benefits. Additionally, the proprietary trading platform may carry certain risks, such as technical issues or downtime. Traders should be cautious and consider these factors. Lastly, while educational resources are valuable, the depth of content could be expanded for those looking for more in-depth insights.
Market Instruments
Cerus Markets provides a wide array of market instruments, offering traders a diverse range of options. Traders can engage in trading favorite shares against popular cryptocurrencies, creating a dynamic interplay between traditional stocks and the digital asset market. Additionally, Cerus Markets offers access to the commodities market with a crypto twist, allowing traders to easily trade in metals and oil.
This versatility extends to global indices, such as the DOW, FTSE, and S&P500, providing opportunities to capitalize on market volatility. Furthermore, Cerus Markets enables traders to participate in the cryptocurrency market, offering a wide range of crypto pairs for trading without any associated fees, and with access available 24 hours a day.
Account Types
Cerus Markets adopts a straightforward approach by offering a single type of trading account, providing uniform access to its range of financial instruments and services. While this simplicity can be appealing to traders who prefer a straightforward trading experience, it may not cater to those seeking specialized account options with varying features or benefits. Traders considering Cerus Markets should be aware that the absence of multiple account types means that all traders are subject to the same terms, conditions, and trading features, which may or may not align with their specific trading preferences and requirements.
How to open an account in Cerus Markets？
Opening an account with Cerus Markets is a straightforward process. Here are the steps to get started:
Begin by visiting Cerus Markets' official website.
Locate and click on the “Open Account” or similar button.
Complete the registration form with your personal information, ensuring accuracy.
Follow the instructions in the email sent to you for email verification.
Fund your trading account with the minimum required deposit amount, typically specified on the website.
Once your account is funded, you can log in and start trading various financial instruments available on the platform.
Commission Fees
Cerus Markets distinguishes itself by offering a fee structure that is notably straightforward and transparent. Traders using Cerus Markets can enjoy commission-free trading, which means that there are no charges imposed on their transactions beyond the spread. This approach can be advantageous for traders, as it ensures that they do not incur additional costs for executing trades or managing their accounts.
Leverage
Cerus Markets offers traders the opportunity to engage in a wide range of financial instruments, including FX, Commodities, Indices, Single Stocks, and Cryptocurrencies, with varying levels of leverage. For the conventional asset classes such as FX, Commodities, Indices, and Single Stocks, traders can access leverage of up to 400:1. This high leverage allows traders to potentially amplify their trading positions, potentially magnifying both gains and losses. It's essential for traders to exercise caution and have a clear risk management strategy in place when using high leverage, as it can significantly increase the potential for losses if the market moves against their positions.
In the case of Cryptocurrencies, Cerus Markets offers leverage of up to 100:1. Cryptocurrency markets are known for their high volatility. While leverage can enhance potential profits, it also exposes traders to increased risk. Traders should be aware that using high leverage in cryptocurrency trading can result in rapid and substantial losses if market conditions are unfavorable. Therefore, it is crucial for traders to thoroughly understand the risks associated with leverage and only use it if they have a solid trading plan in place.
Trading Platform
Cerus Markets extends a web-based proprietary trading platform to its users, offering a comprehensive set of features to enhance their trading experience. This platform stands out for its accessibility, allowing traders to access financial markets directly through web browsers without the need for cumbersome software installations. It provides real-time market data, advanced charting tools, an array of technical analysis indicators, and a user-friendly interface for efficient trade execution.
However, it's important to note that while Cerus Markets' proprietary trading platform offers numerous advantages, it also carries inherent risks. Proprietary platforms can sometimes present unique technical challenges and may be subject to downtime or technical issues. Traders should exercise caution and consider these risks when relying on proprietary platforms for their trading activities.
Deposit & Withdrawal
Cerus Markets provides a range of deposit and withdrawal methods to cater to the diverse needs of its traders. One primary option for funding a trading account is through bank wire transfers. Traders can initiate deposits in either USD or MYR, ensuring that they send funds to the corresponding currency account as specified by Cerus Markets. It's essential to note that deposits should be made from an account registered in the trader's name within Cerus Markets' client area, as third-party deposits are not accepted for security reasons. Additionally, including the account number in the reference is crucial to facilitate a smooth and timely deposit process.
Cerus Markets offers a secure and transparent financial experience for its traders. They emphasize that there are no hidden or additional fees associated with depositing funds. Furthermore, traders have the option to make instant deposits using debit or credit cards, and they can choose from a variety of global deposit and withdrawal methods, including both fiat and cryptocurrency options. Importantly, Cerus Markets ensures the segregation of client funds, which enhances the safety of traders' deposits. This diverse range of deposit and withdrawal options allows traders to select the method that best suits their preferences and needs.
Bonus
Cerus Markets offers a bonus program that provides traders with an opportunity to enhance their trading capital through a straightforward three-step process. Firstly, traders can open an account swiftly in just a matter of minutes, ensuring a hassle-free onboarding experience. Secondly, to qualify for the bonus, a minimum deposit of at least US$50 is required, allowing traders to get started with a relatively modest initial investment.
The bonus amount granted is contingent on the size of the first deposit made by the trader, offering potential benefits in proportion to their initial funding. It's worth noting that while this bonus program provides an enticing incentive, traders should always review and adhere to the program's specific Terms and Conditions, ensuring a clear understanding of any associated requirements or limitations. This bonus program can serve as an attractive feature for traders looking to bolster their trading capital and explore the global markets with added financial flexibility.
Customer Support
Cerus Markets demonstrates a commitment to supporting its customers through various channels. Traders seeking assistance or information can connect with Cerus Markets through popular social media platforms like Facebook, Twitter, and Instagram, which allows for convenient communication and updates on company news and events. Additionally, the presence on LinkedIn provides a professional avenue for networking and staying informed about the broker's developments.
For more direct inquiries, Cerus Markets offers an inquiry form on its website, enabling traders to submit specific questions or requests. Moreover, traders can reach out via email for personalized assistance. The availability of multiple communication channels, coupled with a physical address for any in-person inquiries or correspondence, underscores Cerus Markets' commitment to providing accessible and responsive customer support to cater to the diverse needs of its clientele.
Educational Resources
Cerus Markets offers a valuable array of educational resources helping traders, especially beginners, gain a solid understanding of the cryptocurrency and financial markets. These resources include informative beginner's guides that cover essential topics such as leveraged trading, CFDs, and various cryptocurrencies like Bitcoin, Litecoin, and Ethereum Classic. Each guide provides clear explanations and insights into these subjects, making it easier for individuals to comprehend complex concepts in the world of finance and crypto.
Furthermore, Cerus Markets goes beyond the basics by offering articles that delve into topics like how the platform supports traders' success, trading specific currency pairs like USD/SGD, and understanding the dynamics of bull and bear markets. These educational materials serve as a valuable knowledge base, allowing traders to make informed decisions and navigate the markets with greater confidence. Whether one is new to trading or seeking to expand their financial knowledge, Cerus Markets' educational resources offer a well-rounded foundation to get started in the world of crypto and financial markets.
Conclusion
Cerus Markets is a brokerage firm headquartered in the Labuan Federal Territory of Malaysia. They are regulated by the Labuan Financial Service Authority (LFSA), providing a sense of security for traders. The broker offers a range of market instruments, including cryptocurrencies, stocks, commodities, and global indices. Cerus Markets provides a single account type with leverage of up to 400:1. They operate with zero commission fees and offer bonuses based on the initial deposit.
While Cerus Markets offers several advantages, it's important to note the absence of multiple account types, which may not cater to traders seeking customized features. Additionally, using their proprietary trading platform may entail certain risks, such as potential technical issues. Traders should exercise caution and consider these factors when choosing to trade with Cerus Markets.
FAQs
Q: Is Cerus Markets regulated？
A: Yes, Cerus Markets is regulated by the Labuan Financial Service Authority in Malaysia.
Q: What types of market instruments are available for trading？
A: Cerus Markets offers a wide range of instruments, including cryptocurrencies, stocks, commodities, and global indices.
Q: How can I reach customer support？
A: You can contact Cerus Markets' customer support through various channels, including social media, email, and an inquiry form on their website.
Q: What trading platform does Cerus Markets offer？
A: Cerus Markets provides a proprietary web-based trading platform with real-time data, advanced charting tools, and a user-friendly interface.
Q: Are there educational resources available？
A: Yes, Cerus Markets offers a variety of educational materials, including beginner's guides and informative articles, to help traders expand their knowledge of financial markets.
2024-03-14 16:55
2022-12-12 13:51
