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Score
Nigeria
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Score
Regulatory Index0.00
Business Index6.82
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
ERUMPENT MARKETS LTD
Company Abbreviation
ERUMPENT
Platform registered country and region
Nigeria
Company website
Company summary
Pyramid scheme complaint
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Note: Since ERUMPENTs official site (https://erumpentmarkets.com/) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information
ERUMPENT, a trading name of ERUMPENT MARKETS LTD, is allegedly a private company limited by shares based in Nigeria and founded on January 7, 2020, claiming to provide its clients with variable spreads and a choice of four different account types.
Account Types
There are four live trading accounts offered by ERUMPENT, namely Nano, Standard, Mini and VIP. Opening a Nano account requires the minimum initial deposit amount of $25, while the other three account types with the much higher minimum initial capital requirements of $100, $500 and $1,000 respectively.
Spreads
Spreads are influenced by what type of accounts traders are holding. ERUMPENT reveals that the spread on the Nano or Standard account starts from 1 pip, while the clients on the Mini or VIP account can enjoy raw spreads from o pips.
Customer Support
ERUMPENTs customer support can be reached by telephone: 09012500000, +2349012500000, or email: support@erumpentmarkets.com. Besides, you can also follow this broker on some social media platforms like Facebook. Registered Address: Suite 105, 1st floor, Yobe Investment House, Central Business District, Abuja, FCT, Nigeria.
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