Overall, Cerus Markets is considered an average risk for South Africans, with an overall Trust Score of 70 out of 100. Cerus Markets is licensed by zero Tier-1 Regulators (high trust), zero Tier-2 Regulators (average trust), and one Tier-3 Regulator (low trust).
Cerus Markets offers South Africans one crypto trading account to trade shares, indices, commodities, and forex independently and against cryptocurrencies.
🏛️ Headquartered | Labuan, Malaysia |
🏛️ Global Offices | Malaysia |
🏛️ Local Market Regulators in South Africa | Financial Sector Conduct Authority (FSCA) |
👍 Foreign Direct Investment in South Africa | 10309.28 billion ZAR |
📅 Foreign Exchange Reserves in South Africa | 46.3 billion ZAR |
🏛️ Local office in South Africa? | No |
🏛️ Governor of SEC in South Africa | None, the governor of the Reserve Bank in South Africa is EL (Lesetja) Kganyago |
👍 Accepts South Africa Traders? | Yes |
📅 Year Founded | 2022 |
📱 South Africa Office Contact Number | None |
📱 Social Trading Platforms | Facebook |
⚖️ Regulation | Labuan Financial Service Authority (LFSA) |
🔎 Tier-1 Licenses | None |
🔎 Tier-2 Licenses | None |
🔎 Tier-3 Licenses | LFSA in Labuan |
🔎 License Number | Labuan – L900-14/MB/148/2021 |
⚖️ FSCA Regulation | No |
✴️ Regional Restrictions | United States |
☪️ Islamic Account | No |
📈 Demo Account | No |
📈 Retail Investor Accounts | 1 |
📊 PAMM Accounts | None |
📊 Liquidity Providers | None |
👍 Affiliate Program | Yes |
👍 Order Execution | Market |
✴️ OCO Orders | No |
One-Click Trading | Yes |
👍 Scalping | Yes |
👍 Hedging | Yes |
👍 Expert Advisors | Yes |
✴️ News Trading | No |
✴️ Trading API | No |
📈 Starting Spread | From 0.5 pips AUD/CHF |
📈 Minimum Commission per Trade | No |
💳 Decimal Pricing | 5th Decimal after the comma |
📈 Margin Call | - |
📈 Stop-Out | - |
📊 Minimum Trade Size | 0.01 lots |
📈 Maximum Trade Size | - |
📊 Crypto trading offered? | Yes |
💳 Offers a ZAR Account? | Yes |
💳 Dedicated South Africa Account Manager? | No |
📈 Maximum Leverage | 1:100 |
📈 Leverage Restrictions for South Africa? | No |
💳 Minimum Deposit (ZAR) | 950 ZAR ($50) |
💳 ZAR Deposits Allowed? | Yes |
📅 Active South Africa Trader Stats | 200,000+ |
📅 Active South Africa -based Cerus Markets customers | Unknown |
📅 South Africa Daily Forex Turnover | 13.1 billion USD |
💳 Deposit and Withdrawal Options | Bank Wire Transfer Credit/Debit Cards JCB UnionPay Cryptocurrency Wallets |
📈 Minimum Withdrawal Time | 1 Business Day |
📈 Maximum Estimated Withdrawal Time | 5 Business Days |
💳 Instant Deposits and Instant Withdrawals? | No |
📈 Segregated Accounts with South African Banks? | No |
📱 Trading Platforms | Cerus Markets Platform for mobile and web |
📱 Trading Platform Time | - |
📱 Observe DST Change | - |
📈 Tradable Assets | Forex Commodities Indices Shares vs Crypto Indices vs Crypto Commodities vs Crypto Forex vs Crypto |
📈 Offers USD/ZAR currency pair? | Yes |
📈 USD/ZAR Average Spread | 19 pips |
📊 Offers South African Stocks and CFDs | No |
📱 Languages supported on the Website | English |
📱 Customer Support Languages | Multilingual |
📈 Copy Trading Support | No |
📈 Customer Service Hours | 24/5 |
🔎 South Africa-based customer support? | Yes |
🔎 Bonuses and Promotions for South Africa Traders | Yes |
🔎 Education for South African beginners | Yes |
🔎 Proprietary trading software | Yes |
✴️ Most Successful Trader in South Africa | Ref Wayne (500 million USD+) |
✴️ Is Cerus Markets a safe broker for South Africa Traders? | Yes |
📈 Rating for Cerus Markets South Africa | 6/10 |
📈 Trust score for Cerus Markets South Africa | 70% |
🚀 Open an Account | 👉 Click Here |
Cerus Markets Review – 30-points Quick Overview
- Analysis of Cerus Markets’ Main Features
- Top 3 Cerus Markets User Reviews
- Advantages that Cerus Markets has over competitors
- Cerus Markets Geographic Reach and Limitations
- Cerus Markets Regulation and Safety of Funds
- Cerus Markets Awards and Recognition
- Cerus Markets Account Types and Features
- How to open an Account with Cerus Markets
- How do I close My Account with Cerus Markets?
- Cerus Markets MAM / PAMM Features
- Social Trading with Cerus Markets
- Broker Comparison
- Cerus Markets Trading Platforms
- Cerus Markets Investment Programs
- Which Markets Can You Trade with Cerus Markets?
- Broker Comparison for a Range of Markets
- Cerus Markets Trading and Non-Trading Fees
- Cerus Markets Deposits and Withdrawals
- How to Deposit Funds with Cerus Markets
- Cerus Markets Fund Withdrawal Process
- Cerus Markets Education and Research
- Cerus Markets Bonuses and Promotions
- How to open an Affiliate Account with Cerus Markets
- Cerus Markets Affiliate Program Features
- Cerus Markets Customer Support
- Cerus Markets Sponsorships
- Cerus Markets Corporate Social Responsibility
- Additional Features of Cerus Markets
- FAQ’s
- Conclusion
Analysis of Cerus Markets’ Main Features
📅 Order Execution | 4/5 |
💰 Commissions and Fees | 2/5 |
💬 Range of Markets | 2/5 |
🌐 Variety of Markets | 2/5 |
📌 Withdrawal Speed | 3/5 |
🌐 Customer Support | 2/5 |
📶 Trading Platform | 4/5 |
🌐 Education | 2/5 |
🌐 Research | 2/5 |
⚖️ Regulation | 1/5 |
📶 Mobile Trading | 4/5 |
⏲️ Trust Score | 70% |
Top 3 Cerus Markets User Reviews
- Lindiwe Zulu (May 2025) “I’ve been trading with Cerus Markets for several months now, and I’m impressed with their platform’s stability and execution speed. The customer support team has been helpful in addressing my queries promptly. Overall, a reliable broker with competitive spreads.”
- Mariska Botha (May 2025) “Cerus Markets offers a good range of trading instruments, and their user-friendly platform has made it easy for me to navigate the markets. I appreciate their zero-commission policy and the safety of funds provided through segregated accounts. Happy with my experience so far.”
- Annelize du Preez (March 2025) “Cerus Markets has been a great choice for me as a beginner in trading. Their educational resources have helped me gain valuable knowledge, and the demo account allowed me to practice without risks. As a result, I feel supported and confident in my trading journey with Cerus.”
Advantages that Cerus Markets has over competitors
- Regulated by the Labuan Financial Service Authority (FSA) of Malaysia, providing a level of oversight and regulatory compliance.
- Offers a range of trading services in cryptocurrencies, forex, stocks, and other assets, catering to various investment preferences.
- Competitive spreads on major forex pairs, allowing for potentially lower trading costs.
- User-friendly trading platform, accessible via desktop and mobile devices, providing convenience and flexibility for South African traders.
- The safety of funds is ensured through segregated accounts held at top-tier banks, offering peace of mind regarding the security of client funds.
- No commissions or transaction costs, making trading more cost-effective for South African traders.
- Opportunity to participate in the affiliate program and earn commissions by referring new clients, providing an additional source of income.
- Provides access to educational resources to enhance trading knowledge and skills, supporting the growth of South African traders.
- Offers a range of deposit methods, including credit/debit cards, wire transfers, and online payment processors, providing convenience for South African clients.
- Option to trade with leverage, allowing for potentially amplified trading opportunities, although it is important to consider the associated risks.
Who will Benefit from Trading with Cerus Markets?
Numerous individuals and organizations can profit from trading with Cerus Markets, including:
- Both novice and seasoned retail traders can benefit from Cerus Markets’ user-friendly platform, diverse selection of trading instruments, competitive spreads, and safety of funds. In addition, the broker accommodates a variety of trading preferences, allowing retail traders to investigate diverse markets and trading strategies.
- Cerus Markets provides institutional traders access to many assets, such as cryptocurrencies, foreign exchange, stocks, and commodities. Features, competitive pricing, and regulatory compliance make the platform appropriate for institutional trading.
- The Cerus Markets affiliate program allows affiliates to earn commissions for referring new customers. In addition, affiliates can generate additional income through successful client referrals by leveraging the broker’s reputable brand, competitive offerings, and marketing collateral.
- Cerus Markets provides educational resources, such as basic trading guides and market analysis materials, to traders seeking to increase their knowledge and skills. These resources can aid traders in making more informed decisions.
- Cerus Markets’ fee structure, which includes no commissions and competitive spreads, is attractive to traders who favour cost-effective trading. By eliminating extra fees, traders may be able to increase their profits.
- The user-friendly platform of Cerus Markets is accessible via desktop and mobile devices, allowing traders to trade from anywhere at any time. This is especially advantageous for traders who value convenience and the ability to monitor and manage trades while on the move.
Trading with Cerus Markets Pros and Cons
Pros
- Regulated by the Labuan Financial Service Authority (FSA) of Malaysia, providing oversight and regulatory compliance.
- Wide range of trading instruments, including cryptocurrencies, forex, stocks, and commodities, catering to different investment preferences.
- User-friendly trading platforms accessible via desktop and mobile devices.
- Competitive spreads on major forex pairs, potentially lowering trading costs.
- Safety of funds is ensured through segregated accounts at top-tier banks.
- No commissions or transaction costs, making trading more cost-effective.
- Opportunity to participate in the affiliate program and earn commissions through successful referrals.
- Access to educational resources to enhance trading knowledge and skills.
Cons
- Not regulated by Tier-1 or Tier-2 entities, which may be a concern for some traders.
- The limited extent of educational resources compared to some other brokers.
- Limited availability of the MetaTrader platform, which is popular among traders.
- No demo account or Islamic account option currently available.
- Relatively new broker, which may raise questions regarding its track record and experience.
Cerus Markets Geographic Reach and Limitations
Cerus Markets currently has the largest market share in Malaysia.
Cerus Markets Current Expansion Focus
Cerus Markets’ current focus is on the Malaysian market.
Countries not accepted by Cerus Markets
Cerus Markets does not accept traders from the United States.
Popularity among South African traders who choose Cerus Markets
Cerus Markets’ ranking could not be determined due to a lack of information regarding the broker’s website traffic.
Cerus Markets Regulation and Safety of Funds
Cerus Markets Regulation in South Africa
Cerus Markets is not currently regulated in South Africa by the FSCA.
Cerus Markets Global Regulations
🔎 Registered Entity | 🌎 Country of Registration | 🏛️ Company Reg. | ⚖️ Regulatory Entity | 📌 Tier | 🌐 License Number/Ref |
Cerus Markets Limited | Malaysia | LL17651 | LFSA | 3 | L900-14/MB/148/2021 |
How Cerus Markets Protects Traders and Client Funds
🏛️ Security Measure | 📌 Information |
Segregated Accounts | Yes |
Compensation Fund Member | No |
Compensation Amount | None |
SSL Certificate | No |
2FA (Where Applicable) | Yes |
Privacy Policy in Place | Yes |
Risk Warning Provided | Yes |
Negative Balance Protection | Yes |
Guaranteed Stop-Loss Orders | No |
Security while Trading
Cerus Markets strongly emphasizes trader security, particularly for South African traders. In addition, the broker prioritises regulatory compliance and adheres to rigorous standards to ensure a safe trading environment.
As a regulated entity, Cerus Markets Limited operates under the supervision of the Labuan Financial Services Authority (FSA) in Malaysia, which is recognized as a premier statutory body in Asia.
This regulatory oversight gives South African traders confidence in the broker’s operations and adherence to regulatory requirements.
Cerus Markets goes the extra mile to safeguard client funds. All client funds are segregated in separate bank accounts, completely independent from the broker’s operating funds.
This segregation ensures that client funds remain secure and unaffected even in unforeseen circumstances, such as bankruptcy or liquidation.
The broker’s commitment to client fund security is further bolstered by holding these funds exclusively in top-tier banks. This additional measure enhances the safety of South African traders’ assets and offers peace of mind.
Pros and Cons Regulation and Safety of Funds
✔️ Pros | ❌ Cons |
Cerus Markets is regulated in Malaysia | Cerus Markets does not currently have any Tier-1 or Tier-2 regulation |
South African traders are onboarded under LFSA regulation, which is classified as Tier-3 | Cerus Markets is not a member of any compensation fund |
Cerus Markets has a 70% trust score | |
Cerus Markets has a strict AML and KYC policy in place | |
All funds are segregated |
Cerus Markets Awards and Recognition
Cerus Markets does not detail any awards or recognition on its official website. Furthermore, Cerus Markets has not won any awards in South Africa.
Cerus Markets Account Types and Features
Cerus Markets provides South African traders with a standard trading account, offering access to various asset classes and financial instruments.
While specific details regarding the account and its features are not readily available, we have compiled the information in Cerus Markets’ FAQ into a table for your convenience.
Cerus Markets Live Trading Account Details
📎 Account Feature | 📌 Information |
📊 Account Currency | USD |
📈 Average trade execution | Market |
💳 Minimum Deposit | 950 ZAR ($50) |
📈 Average Spread | 0.5 pips AUD/CHF |
💳 Commissions charged | None |
📈 Maximum Leverage Ratio | 1:100, according to the account equity |
📶 Trading Platform Available | Cerus web or mobile |
📊 Access to Auto Trading? | Yes |
📈 Swap-Free Available? | No |
📊 Instruments Available on this Account | Forex Commodities Indices Shares vs Crypto Indices vs Crypto Commodities vs Crypto Forex vs Crypto |
Cerus Markets Demo Account
Cerus Markets, unfortunately, does not currently offer a demo account for traders. A demo account is a valuable tool for traders, especially beginners, to practice trading strategies and familiarise themselves with the platform’s features without risking real money.
While the absence of a demo account may be a drawback for some traders, it’s important to note that Cerus Markets provides other resources, such as educational materials and market analysis, to support traders in their trading journey.
These resources can help traders enhance their knowledge and skills, even without a dedicated demo account.
Traders who value the ability to practice in a risk-free environment may need to consider alternative brokers that offer demo accounts. A demo account lets traders gain practical experience and confidence before committing real funds to live trading.
Therefore, we urge South African traders to carefully evaluate their individual needs and preferences when considering a broker, considering available resources, trading conditions, and regulatory compliance to make an informed decision that aligns with their trading goals.
Cerus Markets Islamic Account
Cerus Markets, unfortunately, does not currently offer an Islamic account option for traders seeking Sharia-compliant trading.
An Islamic account, also known as a swap-free account, adheres to Islamic principles by eliminating overnight interest (swap) charges.
While Cerus Markets does not provide this specific account type, traders who require Islamic trading conditions may consider alternative brokers that offer dedicated Islamic accounts, which cater to the specific needs of traders following Islamic finance principles.
Cerus Markets Professional Account
Cerus Markets does not offer South Africans a standalone Professional Account.
Cerus Markets Spread Betting Account
There is no Spread Betting Account for UK traders.
Cerus Markets Base Account Currencies
The base account currencies available to South Africans include the following:
- USD
- EUR
- GBP
Unfortunately, Cerus Markets does not offer ZAR as a base currency for South African traders. Subsequently, traders might incur currency conversion fees when they deposit or withdraw funds in ZAR.
Cerus Markets Basic Order Types
Market Order – A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your chart. If you place a market order, you will be immediately entered at the best available price.
Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at the market to enter the trade immediately.
Stop Order – A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.
Limit Order – Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order.
Limit orders can be either buy or sell limits, depending on the market’s direction before your anticipated reversal.
A sell limit is used to sell above the market, while a buy limit is used to purchase below the market.
Pros and Cons Cerus Markets Account Types and Features
✔️ Pros | ❌ Cons |
South Africans can trade several asset classes with a Cerus Markets account | Muslim traders cannot access a Swap-Free option |
There is a 950 ZAR / $50 minimum deposit on an account with Cerus Markets | Cerus Markets does not have a demo account |
Cerus Markets has market execution on trades | The trading conditions are not the best when compared to other brokers |
South Africans can trade different asset classes against crypto, something that other brokers do not offer |
How to open an Account with Cerus Markets
To open an account with Cerus Markets, South Africans can follow these steps:
Step 1: Visit the Cerus Markets website: Go to the official Cerus Markets website using a web browser.
Look for the “Open Account” or similar button on the website’s homepage or the main menu. Click on it to start the account opening process.
Step 2: Provide the required information, including your name, email address, phone number, and country of residence. Ensure that the information is accurate and up to date.
Read and understand the terms and conditions presented by Cerus Markets. If you agree to them, check the box or tick the appropriate box to acknowledge your acceptance.
Step 3: Follow the instructions provided to complete the verification process. This may involve submitting identity documents and proof of address per regulatory requirements.
Once your account is verified, you can proceed to fund your account. Cerus Markets offers various deposit methods, such as credit/debit cards, wire transfers, and online payment processors. Choose the most convenient option for you.
After funding your account, you can access the Cerus Markets trading platform using the login credentials provided. Explore the available trading instruments, set up your preferences, and begin trading.
How do I close My Account with Cerus Markets?
To close a live trading account with Cerus Markets, South African traders can follow these steps:
- Write an email to Cerus Markets requesting the closure of your trading account. Include your account details, such as your full name, account number, and registered email address.
- Clearly state your reason for closing the account. It can be due to personal preferences, changing brokers, or other relevant reasons. Reasoning can help Cerus Markets understand your decision and improve its services.
- Address the email to Cerus Markets’ customer support team. The email address for account closure requests is typically customer_services@cerus.com. Double-check the email address to ensure it is correct, and send the email.
- Cerus Markets will review your request and process the account closure. They will email you an account closure confirmation once the closure process is complete.
- Before closing your account, withdraw any remaining funds in your trading account. Follow the withdrawal process provided by Cerus Markets to ensure a smooth transfer of your funds.
- After receiving the account closure confirmation, log in to your account one final time to ensure that your account is no longer active.
Cerus Markets MAM / PAMM Features
Cerus Markets does not offer MAM or PAMM solutions to South African traders.
Social Trading with Cerus Markets
South Africans cannot participate in social or copy trading with Cerus Markets.
Broker Comparison
Cerus Markets | FP Markets | IG | |
⚖️ Regulation | LFSA | ASIC, CySEC | FCA, BaFin CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA |
🌐 Trading Platform | Cerus Markets Web Cerus Markets App | MetaTrader 4 MetaTrader 5 Myfxbook AutoTrade FP Markets App | MetaTrader 4 IG Platform ProRealTime (PRT) L2 Dealer FIX API |
💳 Withdrawal Fee | None | Yes | No |
📎 Demo Account | No | Yes | Yes |
💰 Min Deposit | 950 ZAR ($50) | 1,270 ZAR (100 AUD) | 4,700 ZAR ($250) |
📈 Leverage | 1:100 | 1:500 | 1:30 (Retail, EU, UK) 1:222 (Professional) |
📈 Spread | 0.5 pips AUD/CHF | 0.0 pips | From 0.1 pips DMA |
💰 Commissions | Zero | From US$3 | From 0.10% |
📊 Margin Call/Stop-Out | Not provided | 100%/50% | 100%/50% |
📊 Order Execution | Market | Market | Market |
💰 No-Deposit Bonus | No | No | No |
📊 Cent Accounts | None | No | No |
📈 Account Types | Standard Account | MT4/5 Standard Account MT4/5 Raw Account MT4/5 Islamic Standard Account MT4/5 Islamic Raw Account | CFD/DMA Trading Account Limited Risk Trading Account Options Trading Account Turbo24 Trading Account Share Dealing Account Spread Betting Account Swap-Free Trading Account |
⚖️ FSCA Regulation | None | None | None |
💳 ZAR Deposits | Yes | Yes | No |
💳 ZAR Account | No | No | No |
🌐 Customer Service Hours | 24/5 | 24/7 | 24/7 |
📊 Retail Investor Accounts | 1 | 4 | 7 |
📎 Islamic Account | None | Yes | Yes, Dubai |
📈 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
📈 Maximum Trade Size | None | 50 lots | Unknown |
📈 Minimum Withdrawal Time | 1 Business Day | Instant | 1 business day |
📈 Maximum Estimated Withdrawal Time | 5 Business Days | Up to 5 working days | Up to five business days |
📊 Instant Deposits and Instant Withdrawals? | No | Yes, Sticpay wallet withdrawals | Yes, Deposits on PayPal |
Cerus Markets Trading Platforms
Cerus Markets offers South African traders a choice between these trading platforms:
- Cerus Markets Web
- Cerus Markets App
The following features can be expected from the Cerus Markets Trading Platforms:
- Technical Indicators: Cerus Markets’ proprietary platform offers over twenty built-in technical indicators, including MACD, SMA, and RSI. These indicators assist South African traders in analysing market conditions and making informed trading decisions.
- Charting: Traders can access versatile charting options, such as Line and Candlestick charts, which cover multiple periods. This feature enables in-depth analysis of price history and identification of trading patterns.
- News & Education: The platform includes a comprehensive section dedicated to news and education. South African traders can stay informed about market events, trading strategies, and important definitions, enhancing their knowledge and understanding.
- Security: The Cerus Markets Web and Mobile Platform prioritize security by implementing two-factor authentication. This additional layer of protection safeguards traders’ accounts and personal information.
- Accessibility: Traders in South Africa can conveniently access the Cerus Markets platform from computers and mobile devices. This allows for flexible trading on the go, ensuring opportunities can be seized anytime.
- Educational Resources: Cerus Markets provides integrated educational resources to help South African traders enhance their trading skills and stay updated with market trends.
- Comprehensive Trading Experience: With a wide range of technical indicators, charting tools, and educational resources, Cerus Markets offers a robust and reliable trading experience tailored to the needs of South African traders.
Pros and Cons Cerus Markets Trading Platforms
✔️ Pros | ❌ Cons |
South Africans have access to comprehensive news and analysis | Cerus Markets does not offer access to MetaTrader 4 or 5, two of the most popular platforms in the industry |
Cerus Markets is renowned for its platform charting | Cerus Markets’ platform is not available as a desktop application for Linux, macOS, or Windows |
South Africans can use several technical indicators | |
There are a few educational articles and resources available |
Cerus Markets Investment Programs
Cerus Markets does not offer a separate investment program.
Which Markets Can You Trade with Cerus Markets?
South African traders can expect the following range of markets from Cerus Markets:
- Forex
- Commodities
- Indices
- Shares vs Crypto
- Indices vs Crypto
- Commodities vs Crypto
- Forex vs Crypto
Financial Instruments and Leverage offered by Cerus Markets
Cerus Markets’ minimum and maximum leverage are determined by the equity in their trading account as follows:
- $1,000 – $20,000 – 1:100
- $20,000 – $50,000 – 1:5
- $50,000+ – 1:1
Pros and Cons Cerus Markets Range of Markets
✔️ Pros | ❌ Cons |
There is a choice between popular asset classes for South Africans | Trading conditions are not transparent |
Traders in South Africa can trade USD/ZAR with competitive spreads | |
Leverage up to 1:100 can be expected according to the trader’s account equity |
Broker Comparison for a Range of Markets
Cerus Markets | FP Markets | IG | |
➡️ Forex | Yes | Yes | Yes |
➡️ Precious Metals | Yes | Yes | Yes |
➡️ ETFs | No | No | Yes |
➡️ CFDs | Yes | Yes | Yes |
➡️ Indices | Yes | Yes | Yes |
➡️ Stocks | Only against crypto | Yes | Yes |
➡️ Cryptocurrency | Yes | Yes | Yes |
➡️ Options | No | No | Yes |
➡️ Energies | Yes | Yes | Yes |
➡️ Bonds | No | No | Yes |
Cerus Markets Trading and Non-Trading Fees
Spreads
Although Cerus Markets does not disclose its spreads publicly, it provides typical spreads on its online platform and live feeds, as observed after registration.
South Africans must note that the spreads offered by Cerus Markets are subject to variability, meaning they will vary based on the specific financial instrument being traded and prevailing market conditions.
This spread flexibility allows South African traders to adapt to dynamic market situations and optimise their trading strategies accordingly.
📌 Instrument | 📈 Spread |
EUR/USD | 1 pip |
GBP/JPY | 1.1 pips |
USD/ZAR | 19 pips |
Brent USD | 75 pips |
XAG/USD | 24 pips |
XAU/USD | 2 pips |
Commissions
South African traders will appreciate that Cerus Markets does not charge separate commission fees. Instead, the broker incorporates its fee within the spread, making it convenient for traders.
By including the fee in the spread, Cerus Markets ensures transparency and eliminates the need for traders to calculate and account for additional charges.
This fee structure allows South African traders to focus on their trading activities without worrying about additional costs, making Cerus Markets a cost-effective choice for their trading needs.
Overnight Fees, Rollovers, or Swaps
South African traders engaging with Cerus Markets should be aware of the overnight fees, also known as rollovers or swaps, associated with holding positions overnight. Here are some important considerations regarding these fees:
- Calculation: Overnight fees are typically determined by the interest rate differentials between the currencies involved in a currency pair or the prevailing market rates for other instruments.
- Positive and Negative Fees: Depending on the position held (long or short), the overnight fee can be positive or negative. A positive fee means the trader receives interest, while a negative fee implies an interest charge.
- Variation: The overnight fees can vary across currency pairs and financial instruments due to their unique interest rate differentials or swap rates.
- Instrument-Specific: Each instrument has its own set of overnight fees, rollover rates, or swap rates based on the prevailing market conditions.
South African traders should consider the potential impact of overnight fees when planning their trading strategies and managing their positions at Cerus Markets. Reviewing the specific fees associated with each instrument before executing trades is advisable.
Deposit and Withdrawal Fees
Cerus Markets does not charge any deposit or withdrawal fees. However, payment providers might charge processing fees.
Inactivity Fees
Cerus Markets does not charge any fees on inactive or dormant accounts.
Currency Conversion Fees
Currency conversion fees might apply when traders deposit or withdraw in currencies other than USD, GBP, or EUR. Therefore, South Africans who deposit/withdraw in ZAR might be subject to currency conversion fees.
Pros and Cons Cerus Markets Trading and Non-Trading Fees
✔️ Pros | ❌ Cons |
Cerus Markets does not charge commission fees | There are no transparent trading or non-trading fees |
Competitive trading conditions are available | The spreads charged are not the tightest, even if they include the broker fee |
There are a few asset classes to choose from, including the chance to trade against crypto | |
Cerus Markets does not apply any fees to deposits or withdrawals | |
If South Africans let a trading account become dormant, they are not charged any fees |
Cerus Markets Deposits and Withdrawals
Cerus Markets offers South African traders the following deposit and withdrawal methods:
- Bank Wire Transfer
- Credit/Debit Cards
- JCB
- UnionPay
- Cryptocurrency Wallets
Broker Comparison: Deposit and Withdrawals
Cerus Markets | FP Markets | IG | |
📊 Minimum Withdrawal Time | 1 Business Day | Instant | 1 business day |
⬆️ Maximum Estimated Withdrawal Time | 5 Business Days | Up to 5 working days | Up to five business days |
💳 Instant Deposits and Instant Withdrawals? | No | Yes, Sticpay wallet withdrawals | Yes, Deposits on PayPal |
Pros and Cons Cerus Markets Deposits and Withdrawals
✔️ Pros | ❌ Cons |
The deposit and withdrawal methods do not incur any fees from Cerus Markets | Cerus Markets does not offer any instant deposits or withdrawals |
Cerus Markets has strict AML and KYC policies to protect South African traders | There is no comprehensive overview of the deposit or withdrawals that South Africans can use with Cerus Markets |
There are reliable deposit and withdrawal methods offered | |
Cerus Markets processes deposits and withdrawals within 24 hours |
How to Deposit Funds with Cerus Markets
For South African traders, depositing funds into a Cerus Markets trading account is straightforward. Here are the steps to follow:
Step 1: Access your Cerus Markets trading account by entering your registered email address and password.
After logging in, navigate to the account dashboard or locate the “Deposit Funds” section.
Step 2: Choose your preferred deposit method from the provided options. Cerus Markets offers various deposit methods suitable for South African traders.
Provide the necessary information required for the selected deposit method. This may include bank account details, payment processor information, or other relevant information.
Indicate the amount you wish to deposit into your trading account.
Step 3: Review the deposit information carefully and proceed to confirm the transaction. Ensure that all the details are accurate before proceeding.
If applicable, follow any additional instructions provided by Cerus Markets or the selected payment provider.
Once the deposit has been successfully processed, you will receive a confirmation email or notification from Cerus Markets. This message confirms that your funds have been deposited into your trading account and are ready for trading.
How long do Cerus Markets Deposits take?
Cerus Markets’ deposits can take 1 to 5 business days for South Africans, depending on when the deposit is made, the payment method used, and the internal process of the payment provider or bank.
Cerus Markets Fund Withdrawal Process
For South African traders looking to withdraw funds from their Cerus Markets trading account, here is a step-by-step guide:
Step 1: Use your registered email address and password to log in to your Cerus Markets trading account.
Navigate to the “Withdraw Funds” or “Account” tab within your account interface.
Choose the withdrawal option that best suits your preferences and requirements. Cerus Markets offers various withdrawal methods suitable for South African traders.
Step 2: Enter the necessary information requested by your selected withdrawal method. This may include your bank account details or other relevant details associated with the chosen payment method. Ensure that the information you provide is accurate and up to date.
Enter the amount you wish to withdraw from your trading account. Take note of any minimum withdrawal requirements specified by Cerus Markets.
Carefully review the withdrawal information, including the withdrawal amount and chosen payment method details. Verify that all the information is correct before approving the withdrawal. Once you are satisfied, proceed with the withdrawal confirmation.
Step 3: Adhere to any further instructions provided by Cerus Markets or your chosen payment provider. This may involve additional authentication measures to ensure the transaction’s legitimacy, as required by the payment service provider’s policies.
After processing your withdrawal request, the funds will be transferred to the specified account. The time it takes for the funds to reach your account will depend on the chosen withdrawal method and the processing time of the receiving bank or payment provider.
How long do Cerus Markets Withdrawals take?
Cerus Markets’ withdrawals can take 1 to 5 business days for traders from South Africa, depending on when the withdrawal is made, the payment method used, and the provider’s or bank’s internal process.
Typically, Cerus Markets takes up to 24 hours to process a withdrawal.
Cerus Markets Education and Research
Education
Cerus Markets offers the following Educational Materials to South African traders:
- Trading Guide
- Crypto Basics
Research and Trading Tool Comparison
Cerus Markets | FP Markets | IG | |
📅 Economic Calendar | No | Yes | Yes |
📌 VPS | No | Yes | Yes |
📊 AutoChartist | No | Yes | Yes |
📈 Trading View | No | No | No |
📊 Trading Central | No | No | No |
📈 Market Analysis | Yes | Yes | Yes |
💬 News Feed | Yes | Yes | Yes |
💬 Blog | Yes | Yes | Yes |
Cerus Markets also offers South African traders the following additional Research and Trading Tools:
- News Feed
- Market Analysis
Pros and Cons Cerus Markets Education and Research
✔️ Pros | ❌ Cons |
Traders can use the guides offered to learn more about crypto trading | Limited education available |
Traders can use the market news to their advantage to stay updated | Limited research and trading tools |
Traders can view live trading quotes from the trading room | No economic calendar offered |
Cerus Markets Bonuses and Promotions
South African traders who open a new trading account with Cerus Markets can use the Deposit Bonus program. Here are the key details:
- Eligibility: New clients registering a trading account with Cerus Markets between March 27 and September 30 are eligible for the Deposit Bonus.
- Bonus Offer: Participants can receive a 100% match bonus on their deposited funds, with a maximum bonus of $5,000 per account.
- Account Opening and Opt-In: To qualify for the bonus, participants must complete the account opening process and opt into the program.
- Deposit Period: Deposits should be made within the specified participation period to be eligible for the bonus. Multiple deposit methods are available for South African traders.
- Trading Funds Bonus: The bonus funds, known as the Trading Funds Bonus, can only be used for trading purposes and cannot be withdrawn. However, any profits generated using the bonus funds can be withdrawn anytime.
- Terms and Conditions: Participants should carefully review the program’s terms and conditions available on Cerus Markets’ website. Cerus Markets reserves the right to modify or terminate the program at its discretion.
How to open an Affiliate Account with Cerus Markets
To register an Affiliate Account, South African traders can follow these steps:
- Visit the official Cerus Markets website by typing “https://cerusmarkets.com/” into your web browser.
- Scroll down to the bottom of the page and locate the “Affiliates” link or section. Click on it to access detailed information about the affiliate program.
- Familiarise yourself with the program’s commission structure, requirements, and benefits. Read the terms and conditions to understand the responsibilities and expectations of becoming an affiliate.
- Look for the “Sign Up” or “Join Now” button within the affiliate section and click on it to start the registration process.
- Fill out the affiliate registration form with accurate information, including your name, email address, contact details, and website (if applicable). Provide all the required information to complete the registration.
- Carefully review the terms and conditions of the affiliate program and ensure that you agree to them before submitting the registration form.
- Submit the registration form and await a confirmation email or notification from Cerus Markets. This communication will verify the successful registration of your affiliate account.
- Once your affiliate account is approved, you will gain access to a range of marketing tools, referral links, and promotional resources provided by Cerus Markets.
- Start promoting Cerus Markets using your unique affiliate links or the marketing materials provided by the program. Earn commissions for every qualified referral or successful conversion generated through your affiliate efforts.
- Keep track of your affiliate account by monitoring your referrals, earned commissions, and overall performance. Cerus Markets may offer a dedicated affiliate dashboard where you can access real-time statistics and performance metrics to evaluate your success.
Cerus Markets Affiliate Program Features
For South African traders, the Cerus Markets affiliate program offers the following benefits:
- Earn up to $300 per qualified account referred to as a registered partner.
- In addition, advanced Affiliates and Introducing Brokers have the potential to earn even higher commissions as their referrals trade.
- Partners can request pay-out for their referred accounts as needed, with a seamless process available within the Affiliate portal.
- By partnering with Cerus Markets, affiliates can offer their clients access to various markets, including cryptocurrencies, forex, and stocks.
- Affiliates and their clients can benefit from the global regulation provided by Malaysia’s Labuan Financial Service Authority (FSA), ensuring a secure and compliant trading environment.
- Cerus Markets provides clients with a commission-free trading environment, allowing traders to enjoy a cost-effective trading experience without transaction costs.
- Affiliates can access and download tracked ad units for their websites or utilize dedicated referral links to refer clients effectively.
- Partners can conveniently track all affiliate activity directly within a comprehensive portal, providing transparency and ease of management.
Cerus Markets Customer Support
Cerus Markets provides efficient customer support to South African traders, offering responsive assistance through various channels, including email and social media. Traders can rely on their knowledgeable support team to address inquiries and resolve issues promptly.
🌐 Customer Support | Cerus Markets Customer Support |
⏲️ Operating Hours | 24/5 |
💬 Support Languages | Multilingual |
💬 Live Chat | None |
📌 Email Address | customer_services@cerus.com |
✴️ Telephonic Support | No |
🚀 The overall quality of Cerus Markets Support | 2/5 |
Pros and Cons Cerus Markets Customer Support
✔️ Pros | ❌ Cons |
Dedicated customer support is offered via email | There is no 24/7 customer support, especially support for trading cryptocurrencies |
Cerus Markets offers multilingual support | Cerus Markets has no live chat option, and respond via email is slow |
South Africans can contact Cerus Support 24 hours, 5 days a week |
Cerus Markets Sponsorships
Cerus Markets provides no details regarding past, current, or future sponsorships.
Our Experience with Cerus Markets
Cerus Markets, although a relatively new broker, shows promising potential in the forex and CFD market.
However, it is worth noting that the broker’s offerings are limited, which may not be suitable for beginner traders. Additionally, the absence of Tier-1 or Tier-2 regulations raises some concerns, despite the broker’s commendable customer trust rating of 4.1 out of 5.
Cerus Markets Trading Platform
Currently, Cerus Markets only provides its proprietary trading platform. While the platform is feature-rich and accessible via web and mobile apps, the lack of options may restrict traders.
Including popular platforms like MetaTrader 4 and 5 would offer traders additional functionality, features, and tools to enhance their trading experience.
Quality of Customer Service
In terms of customer support, Cerus Markets falls short compared to other brokers, particularly in responsiveness. For example, email is the sole contact method, and responses are limited to business hours of 48 hours.
Moreover, this may pose challenges for South African traders who require urgent assistance regarding payments, trading issues, or other inquiries.
Cerus Markets Response Time
Support Channel | Average Response Time | User-based Response Time |
📎 Phone | None – no telephone support | None – no telephone support |
1 Business day | 48 hours | |
💬 Live Chat | No Live Chat | No Live Chat |
📶 Social Media | 48 Hours | 48 Hours |
📌 Affiliate | 48 Hours | 2 Business Days |
Cerus Markets Corporate Social Responsibility
Cerus Markets provides no details regarding past, current, or future sponsorships.
Additional Features of Cerus Markets
Financial Reports
Cerus Markets does not currently publish its Financial Reports.
Cerus Markets Future Vision
There is no information on Cerus Markets’ future vision for 2025.
Cerus Markets Risk Warning and Disclaimer for Traders
In South Africa, trading Non-Deliverable Crypto contracts through Contracts for Difference (CFDs) carries risks and is unsuitable for all investors.
While South African traders and large businesses/institutions can benefit from these offerings, Cerus Markets Limited (CERUS) clients must be aware that they could lose all funds deposited without incurring additional financial obligations.
Therefore, we urge traders to carefully assess financial resources and trading expertise before investing in Cerus or its affiliates’ products.
Furthermore, traders must note that Cerus does not provide advice, and any general comments about accounts should not be interpreted as specific recommendations. Therefore, we urge South Africans to consult independent financial advisors for personalized guidance.
Additionally, Cerus does not guarantee the accuracy, completeness, or reliability of the information contained in its materials.
Before proceeding with any further steps, south African traders are advised to thoroughly read and understand the legal information presented on Cerus’ website, trading platform, and client portal.
Cerus Markets VPS Review
Cerus Markets does not provide any VPS to South Africans.
Cerus Markets Trading Signals
Cerus Markets does not offer Trading Signals.
Cerus Markets Cashback Rebates Features and Conditions
Cerus Markets does not offer a cashback rebates program.
Cerus Markets Web Traffic Report
We could not analyse Cerus Markets’ web traffic because it is still a new broker, starting in 2025.
Our Final Verdict on Cerus Markets
In our experience and according to our research, Cerus Markets is a relatively new player in the forex and CFD market, still striving to establish its presence.
While the broker shows potential, its offerings are limited, making it less suitable for beginner traders. In addition, concerns arise from the absence of Tier-1 or Tier-2 regulations.
However, despite this, Cerus Markets has earned a trust rating of 4.1 out of 5 from its customers. Traders should carefully evaluate their options and consider their trading objectives, experience, and risk tolerance before trading with Cerus Markets.
Cerus Markets Alternatives
- Exness – As one of the largest forex brokers globally, Exness provides ZAR base currency trading accounts and facilitates local Internet banking deposits and withdrawals in Rand for South African traders. With regulation from multiple reputable authorities, including FSCA in South Africa, Exness ensures a safe trading environment for South African traders.
- FOREX.com – With a wide range of offerings, including CFDs, spread betting, and futures across various asset classes, FOREX.com provides comprehensive options for traders. Integration with the popular NinjaTrader platform and the availability of VPS for MT4 accounts further enhance the trading experience. Traders can also utilise FOREX.com’s API to connect and implement their strategies.
- JustMarkets operates multiple websites to cater to clients from different regions, making it an international broker. It is suitable for traders of all experience levels, offering copy-trading services for new traders, advanced MetaTrader suites, and competitive account types for experienced traders.
Latest Existing/Previous Customer Comments on Cerus Markets for 2025/3
- Daniel Thomson (April 2025) “I’ve tried several brokers in the past, but Cerus Markets stands out with their competitive spreads and fast order execution. The platform is intuitive and offers a good range of tools for analysis. I highly recommend Cerus for both new and experienced traders.”
- Nokuthula Ndlovu (December 2025) “Cerus Markets has been my go-to broker for crypto trading. Their diverse range of cryptocurrencies and crypto derivatives provides ample trading opportunities. The withdrawal process has been smooth, and I appreciate their commitment to keeping client funds segregated for added security.”
- William Brown (August 2025) “I have been an affiliate with Cerus Markets for a while now, and it has been a rewarding experience. Their affiliate program offers competitive commissions, and the dedicated affiliate portal makes it easy to track referrals and earnings. Cerus has been a reliable partner for my affiliate marketing efforts.”
Recommendations according to our in-depth review of Cerus Markets
Several recommendations can be made based on our extensive review of Cerus Markets in the South African context.
While Cerus Markets is regulated by Malaysia’s Labuan Financial Service Authority (FSA), the absence of regulation from Tier-1 or Tier-2 entities may raise concerns for traders prioritizing stringent oversight.
Expanding the educational resources provided by Cerus Markets would be beneficial. Although some materials are available, enhancing the breadth and depth of educational resources would better cater to traders of all levels and empower them with the knowledge needed for informed decision-making.
Introducing the widely popular MetaTrader platform should be considered. MetaTrader offers a host of features and enjoys broad usage among traders.
By incorporating MetaTrader into their platform options, Cerus Markets would provide a familiar and trusted trading interface, potentially attracting a broader clientele
A demo account feature would be valuable, allowing traders to practice and become familiar with the platform without risking real funds. This feature particularly benefits new traders seeking experience and confidence before committing capital.
Considering the provision of an Islamic Account option to cater to traders requiring Sharia-compliant trading conditions would be advantageous. This move would attract a specific segment of traders who adhere to Islamic principles and prefer a broker that respects their religious requirements
By addressing these recommendations, Cerus Markets can enhance its offering, appeal to a wider range of traders, and provide a more competitive and inclusive trading experience.
FAQ’s
Do Cerus Markets have Nasdaq 100?
Cerus Markets offers South African traders access to Nasdaq 100 under “NASUSD.”
Is Cerus Markets Safe or a Scam?
Cerus Markets is considered safe for South Africans.
Is Cerus Markets regulated?
Cerus Markets is not regulated by the FSCA in South Africa. However, Cerus Markets is regulated by LFSA in Labuan, Malaysia.
How long does it take to withdraw from Cerus Markets?
Cerus Markets claims to process withdrawals within 24 hours. However, it can take up to 5 business days for funds to reflect in your bank account, depending on your withdrawal method.
Does Cerus Markets have VIX 75?
No, VIX 75 is not offered.
Is Cerus Markets regulated in South Africa?
Cerus Markets is regulated by Malaysia’s Labuan Financial Services Authority (FSA). While South African authorities do not directly regulate it, it operates according to the applicable laws and regulations.
What trading instruments are available on Cerus Markets?
Cerus Markets offers a range of trading instruments, including cryptocurrencies, forex, stocks, and other assets. Traders can access these markets through the Cerus Markets platform.
How can I deposit funds into my Cerus Markets account?
To deposit funds, log in to your Cerus Markets account and navigate to the deposit section. Choose your preferred deposit method from the available options and follow the instructions to complete the transaction.
Does Cerus Markets offer a demo account for practice trading?
Currently, Cerus Markets does not offer a demo account feature.
What are the trading hours for Cerus Markets in South Africa?
Cerus Markets operates according to the market hours of the underlying assets. The forex market, for example, operates 24 hours a day from Monday to Friday.
Conclusion
Our Review Methodology
For each of our broker evaluations, we investigate, evaluate, analyse, and compare what we feel to be the most crucial criteria to consider when selecting a broker.
Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.
Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.
Now it is your turn to participate:
- Do you have any prior experience with Cerus Markets?
- What was the determining factor in your decision to engage with Cerus Markets?
- Was it because of the minimum deposit, regulation, retail trading accounts, or other factors?
- Have you experienced issues with Cerus Markets, such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
Regardless, please share your thoughts in the comments below.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all South African investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
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