Erema Invest review 2023: 5 things you should know about eremainvest.cc

Beware! Erema Invest is an offshore broker! Your investment may be at risk.

RECOMMENDED FOREX BROKERS

Visit Site

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

If you are in search of a reputable and trustworthy broker, don’t even bother opening the website of Erema Invest! This firm is as far from being legit as possible. It is not only unregulated, but also absolutely anonymous, as we don’t know anything about its true identity. Obviously you can’t trust such a shady broker that doesn’t even dare to reveal its corporate address and company name. What’s more, you can’t really rely on any advanced platforms or favorable trading conditions. Just the contrary – Erema Invest offers quite costly spreads and risky leverage as well. All in all, better read the following review and save your money!

Erema Invest Regulation and safety of funds

Erema Invest happens to be completely anonymous – there is no registered address, or at least a country of incorporation. The only contact details you can find is an email and that’s it. On top of that there is no company name displayed as well, so we definitely don’t know who exactly stays behind this website. And that’s quite a worrisome fact to be honest as you obviously can’t invest your hard-earned cash with a firm you know nothing about.

Moreover, Erema Invest is certainly not regulated or authorized to offer financial services. As everything so far, this broker stays silent and doesn’t mention anything regarding its supposed regulation or the jurisdiction that should be overseeing its activities. But one is for sure – this broker is absolutely illegitimate and shouldn’t be trusted!

And even though this page may seem credible at first, don’t fall into this trap! The friendly-looking website is nothing without legal documents and proof of the broker’s credibility! For example Erema Invest promises negative balance protection and segregation of accounts, however we can hardly believe that. This firm is totally illegal and better to be avoided!

Erema InvestTrading software

Erema Invest claims to offer its own Trader terminal and describes it as a “quality platform” and the rest of the cliches.

After we opened an account, this was the WebTrader, take a look:

Obviously this platform is nothing extraordinary. It’s just a simple web-based software developed by Trading View with some basic tools and indicators. Better don’t waste your time here. Reputable brokers usually offer much more advanced platforms like MetaTrader 4 or MetaTrader 5 anyway.

Erema Invest Trading instruments

Erema Invest claims to provide forex, stocks, indices and commodities – nothing more, nothing less. This list certainly doesn’t sound very appealing, given the fact that most regulated brokers usually offer a much wider arsenal of assets. Also don’t forget that Erema Invest is totally unlawful and unauthorized, so it’s for your own good to stay away from it, no matter what it offers.

Erema Invest Spreads and cost of trading

On the website there is no data about the spreads this broker offers and that seemed rather fishy to us. It turned out that there’s a reason for this – Erema Invest offers some quite disadvantageous amounts you certainly have to avoid. To be precise, on the trading platform there was a spread of 3 pips for EURUSD and USDJPY, as well as 4 pips for GBPUSD. These volumes are definitely going to be on the pricey side and it’s a real shame that any broker nowadays would offer such ridiculous amounts! On the contrary, legitimate firms usually provide tight spreads around or even below 1 pip.

Erema Invest Maximum leverage

The maximum leverage here is said to be 1:200. Again, not a suitable amount for any retail trader, as it comes with huge risk of sudden losses. Just as you know, the leverage is limited in most of the countries that regulate forex brokerage activities – 1:30 for the UK and the EU and 1:50 for the US for example. If you still want to trade with higher leverage, better look for some of the offshore subsidiaries of reputable forex brokers.

Erema Invest Deposit and withdrawal methods

Again, no information is displayed regarding this broker’s payment methods. Once we registered, there seemed to be several options. In fact however, if you take a closer look, you’ll realize the alternatives are only two – credit cards and crypto transactions. Take a look:

To be precise you can use either Bitcoin, Ethereum or Tether. Note however that these payments are quite tricky as there is a zero chance to retrieve your funds. But no matter the payment methods, we strongly suggest avoiding this broker for your own good!

Erema Invest Minimum deposit

The minimum deposit with this broker is 300 USD and that’s yet another bummer. To be precise, this is quite a high amount for the sector. Most reputable brokers tend to offer as little as 10 USD in order to start trading with them, so what Erema Invest offers is truly discouraging. Apparently you have no reasons to deal with this firm – the high minimum deposit, costly spreads and risky leverage are clear indicators that this broker is not a good choice!

Erema Invest Withdrawal requirements

We thoroughly searched the Withdrawal Policy and Frequently Asked Questions on this page, however there was little to nothing useful data. Nothing is mentioned about any additional withdrawal fees or a trading volume requirement. We also don’t know if Erema Invest has set any minimum withdrawal amount, so you definitely have to be extra careful. But to be honest, all of the requirements listed above are typical for scammers, so there’s a great possibility that Erema Invest has incorporated them as well. To be precise, scammers often ask for a withdrawal fee between 15 and 20% and also require a minimum trading volume that is almost impossible to achieve.

This being said, note that Erema Invest has some quite shady and unfair bonus policy, which states that you cannot withdraw any undeposited funds (like bonuses for instance). The tricky part is that you can’t tell apart the amount you have deposited from the bonus you have received, so in short you won’t be able to withdraw even a cent, no matter what you do! Clever, huh? But it’s mostly unfair and deceitful, so here’s one more reason to avoid this bogus website!