Investment Companies

Steerum

1.5 (13 reviews)
🇸🇪 Sweden
Visit Website
1.5
13 reviews
5
0
4
0
3
0
2
7
1
6

About Steerum

Steerum has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services". Loan Fee Fraud

Steerum
Gustav Mahlerplein 3-115, 1082 MS Amsterdam
Netherlands

Telephone: +31684208634
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.steerum.com.

Customer Reviews

Write a Review

No 2FA when I signed up

A
Aiden R.
2 months ago

Customer support at Steerum seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: Copy trading available|Clean UI|Dividend tracking

Cons: Nothing significant

KYC process is a nightmare

G
Graham X.
2 months ago

Steerum had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Easy to use platform|Responsive team|Fast support response

Cons: None so far|Withdrawal takes 1-2 business days

A cautionary tale

C
Courtney H.
2 months ago

I trusted Steerum with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Smooth onboarding|Transparent fees|Regular updates

Cons: Desktop app not available on Linux

Requotes on every order

S
Susan X.
3 months ago

The spread at Steerum is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them based on a colleague's recommendation and initially thought the platform was good - until I started trading seriously.

Pros: Multi-device support|Competitive fees

Cons: No live chat on mobile

Promised returns that never came

K
Karen V.
4 months ago

What really bothers me about Steerum is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a blog post comparing services and I fell for the polished exterior. Never again.

Pros: Multi-device support|Full transparency

Cons: Email notifications too frequent|Some tools only available on higher tiers

Red flags everywhere

F
Frank S.
5 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Steerum has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Took my money and went silent

C
Courtney Z.
5 months ago

I lost a significant amount because Steerum did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Copy trading available|Market news feed|Multiple order types|Intuitive for beginners

Cons: Some tools only available on higher tiers

Warning to all potential customers

N
Natalie J.
5 months ago

I have been trying to close my account with Steerum for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Social trading features|Regular updates|Fast execution

Cons: No crypto staking

Regret choosing Steerum

L
Liam T.
6 months ago

I had a dispute with Steerum and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Wide product range|Segregated accounts|Helpful community forum|Intuitive for beginners

Cons: Some tools only available on higher tiers|Withdrawal takes 1-2 business days

Beware - This company is not legitimate

R
Rebecca I.
7 months ago

I invested $1,000 with Steerum after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Finansinspektionen.

Cons: Blocked my account|No legitimate license|Fake returns