ERUMPENT-Overview of Minimum Deposit, Leverage, Spreads

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.