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Broker Reviews

Cermak

Trust Score:

5.00

(2 Reviews)
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About Cermak

Cermak FX operates under the corporate name Cermak LLC and offers trading access to forex pairs and CFDs on commodities, stocks, indices and metals via the MetaTrader 5 platform for desktop and mobile.

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Regulation & Security

It does not appear to hold a licence from a recognized tier-1 regulator; regulatory databases and review platforms indicate the firm remains effectively unregulated or licensed under a lesser jurisdiction, which means standard investor protection frameworks may not apply.

Account and Setup

Account setup is conducted online through its website and requires a minimum deposit of approximately USD 50 for the Standard STP account, with other account types such as ECN also referenced; traders must complete identity verification and agree to terms before accessing live trading.

Funding Options

The broker lists funding via bank transfer, credit/debit cards and e-wallets though the exact fee structure and processing times are not clearly published on its website.

Bot & API Compatibility

It supports MetaTrader 5 for trading, which allows use of Expert Advisors (EAs), custom indicators and automated strategy execution through the platform environment.

Trading Conditions& Restrictions

Trading conditions include spreads from as low as 0.1 pips in some account types and leverage up to approximately 1 : 500; the broker restricts services in jurisdictions such as the United States, North Korea, Syria and others as noted in third-party registries.```

Regulation & Security

It does not appear to hold a licence from a recognized tier-1 regulator; regulatory databases and review platforms indicate the firm remains effectively unregulated or licensed under a lesser jurisdiction, which means standard investor protection frameworks may not apply.

Account and Setup

Account setup is conducted online through its website and requires a minimum deposit of approximately USD 50 for the Standard STP account, with other account types such as ECN also referenced; traders must complete identity verification and agree to terms before accessing live trading.

Funding Options

The broker lists funding via bank transfer, credit/debit cards and e-wallets though the exact fee structure and processing times are not clearly published on its website.

Bot & API Compatibility

It supports MetaTrader 5 for trading, which allows use of Expert Advisors (EAs), custom indicators and automated strategy execution through the platform environment.

Trading Conditions& Restrictions

Trading conditions include spreads from as low as 0.1 pips in some account types and leverage up to approximately 1 : 500; the broker restricts services in jurisdictions such as the United States, North Korea, Syria and others as noted in third-party registries.```

Cermak Reviews

( 2 )

Cermak Reviews

( 2 )
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