We put in about 90 days testing Faros Kerdion with a funded account, and here's what we found. It's easy to get started, it looks after your money, and everyday users can find their way around. What to keep in mind is one or two charges that run a little high.
Best for: People who are just starting out who want a friendly place to start and want to keep costs low.
Not for: Anyone focused on forex, since a platform built for everyone can't beat a specialist tool for that.
Faros Kerdion is one of the few AI trading platforms that focused on getting the important things right — things like safety and clear pricing — instead of hype. From what we saw in testing, we land on A-.
The only thing holding it back is a couple of fees that could be lower. The good news is these are easy for the company to fix — they don't point to anything wrong with the app itself.
Making a trade is easy. Across our test trades, orders went through smoothly and the price you saw was the price you got, which isn't always true elsewhere.
If you stick to regular stocks, it works great. Fancier options trades occasionally lagged a bit — worth knowing if you trade options a lot.
Stock trades cost you nothing — nothing per trade. That's the good part.
Where it costs a bit more are things like sending money out by bank transfer, which run a little higher than the cheapest rivals. It's all shown before you pay, so there are no nasty surprises.
The mobile app is the standout. It's quick and simple to use, even for total beginners.
There's handy info inside the app — prices, news, and simple charts — so you can trust it. The computer version works too, though most people will prefer the app.
Safety is a strong point. Your cash is stored separately, which protects you if anything goes wrong.
The platform is watched by independent regulators and passes independent security checks. If you also hold crypto, it's stored with a regulated custodian — standard practice, but worth a mention.
All told, we rate Faros Kerdion A- for everyday investors. It does the important things well: simple, safe, and fair.
To earn an even higher score, Faros Kerdion mainly needs cheaper extras. We'll keep checking back and let you know if anything changes.
For regular stocks, yes. For complex trades, it's not the fastest. Heavy currency traders may find cheaper options elsewhere.
No. Faros Kerdion lists its fees clearly — nothing sneaky. A few add-ons cost more, but never hidden.
You only need $0. You can add more whenever you like. Setting up costs nothing.
From add-on services, like sending money out by bank transfer or borrowing to trade, plus interest on cash held in accounts. Everyday trading stays free.
For the most part, yes. Your money is kept in a separate account, so it's protected if the company ever fails. Regulators and independent auditors also keep watch.
Yes. Faros Kerdion works on iPhone and Android. The app is the best way to use it — everything works smoothly on a small screen.
We were impressed. Live chat is open around the clock and usually get a reply in a few minutes. Harder issues get passed to an expert without the runaround. The only gap is phone support on weekends.
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