What Account Types and Fees Does CERES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and intermediate traders |
Accessible trading conditions, user-friendly platform |
Suitable for small-capital practice |
| Professional Account |
Experienced traders |
Higher leverage, advanced trading tools |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Customized services, tailored solutions |
Requires corporate documentation |
| Demo Account |
New traders |
Practice trading without risk, access to virtual funds |
Ideal for testing strategies |
Account Opening Process
To open an account with CERES, potential clients need to go through a straightforward process. Firstly, they must submit personal information, including their name, address, and contact details. Secondly, employment details and financial information are required to assess the client’s trading profile. Identity verification is crucial, which involves providing a government-issued ID and proof of address. After completing these steps, users may have the flexibility to upgrade to a professional account later, depending on their trading activity and experience level.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 |
Tight spreads for majors |
| CFDs (Stocks) |
1.5 |
$10 per lot |
Varies by stock |
| CFDs (Indices) |
1.0 |
$5 per lot |
Standard spreads |
| CFDs (Commodities) |
2.0 |
$7 per lot |
Includes gold and oil |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, clients should be aware of other potential costs. These may include deposit and withdrawal fees, which can vary based on the method used. Inactivity fees may apply if an account remains dormant for a specified period. Clients should also consider platform usage fees, if applicable, as well as overnight interest (swap rates) for holding positions beyond a trading day. Currency conversion fees may be incurred when trading in different currencies, adding to the overall cost of trading.
