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.
After spending for nearly two years trying to make Steerum work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Customizable dashboard|Detailed reporting|Clear documentation|Two-factor authentication
Cons: Withdrawal takes 1-2 business days|Limited ETF selection
For anyone considering Steerum, please be aware that this company has been flagged by Finansinspektionen. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
KYC with Steerum is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Educational resources|Smooth onboarding|Real-time alerts
Cons: Wait times can be long during peak hours|Nothing significant