If you’ve deposited with InetMarkets, here’s the sad news. Inet Markets is a scam. The store doesn’t let any of its members withdraw. And this has raised concerns about whether inetmarkets.com is another exit scam. Despite the professional appeal, INET Markets remains a hard nut to track. No one from the team has come out to address these issues. Here’s what we found out in our clear INETMARKETS REVIEW.
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The platform claims to help members push beyond the markets. Its mission is to provide the environment with the tools for trading. In addition, the store claims to want members to benefit from the seamless and speedy trading platform.
Far from it, you won’t get anywhere with the platform. As fate would have it, InetMarkets is another awful trading platform. No member has made any withdrawals for the past few weeks. And we have moved with this inetmarkets.com review to expose all the red flags.
There are plenty of red flags, among them being the withdrawal issue. If you can’t withdraw funds from a trading platform, it’s not worth signing up. The deceit from the platform cuts deep and hurts every trader.
That’s why we have decided to expose the red flags, especially those that appear as enticing features. The people behind this platform have some forex experience. Judging from the website design, the owner did fool many with the aesthetics.
Those who signed up can see what drove them to become members. With the naked eye, everything seems rosy until you start trading and request a withdrawal. That’s when reality sets in regarding the character of this platform.
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Other red flags include failure to inform members about the available trading accounts. In addition, the platform hides the fact that it offers wealth management services. After signing up and losing funds, that’s when the service gets plated to members.
Before you sign up with any platform, experts recommend researching it. Try and find out what others have gone through before committing funds. Doing due diligence takes you a long way and protects you from such scams.
InetMarkets is a delusional trading platform that fools members into believing it’s a financial haven. Victims are now crying foul and want a thorough investigation from regulators. And if this does occur, we are sure the findings will be the same as ours.
The platform also resembles an exit scam that will likely shut its doors once regulators come in. Such platforms are only listed as trading platforms by the owners. With a little convincing, public members quickly sign up without thinking twice.
In our Inet Markets review, we will help you weigh the pros and cons of this platform. Let you know how to check a trading platform before losing a penny. It will help you get a formidable and reliable trading platform in the long run.
It has to be one of the platform’s few advantages or legit features. The platform offers members a chance to trade using the MT4 trading terminal. It’s a world-class trading platform preferred by traders worldwide.
The main advantage of the MT4 and MT5 platforms are ease of use and stability. These platforms offer traders a chance to trade on the go. The platforms are compatible with all devices and provide seamless trading tools.
You also get platforms that offer advanced trading kits to members. Again, traders get an advantage as the platform provides security and technical analysis tools. Some platforms even integrate proprietary trading robots.
The platform fails to mention any information on accounts. We believe the platform offers one account for all services. That includes forex and wealth management services. Still, the store should have come clean with this information.
There’s a lot of missing information, such as account specifications. No one knows the features set for these accounts. We are talking about leverage and spreads. The platform also fails to quote an acceptable minimum deposit.
For those new to trading, regulators have come up with set conditions. An excellent example would be the maximum acceptable leverage on forex instruments. In almost all jurisdictions, the maximum leverage is 1:100.
Regarding the acceptable minimum deposit, $250 should be the number. That ensures that you don’t have to risk huge amounts at once. There’s no shame in losing $250 instead of losing $1,000.
Opening an account is a straightforward process. First, you must fill in the forms and get started. Then, instead of heading to the member dashboard, a deposit requirement message pops up. You have to deposit first before accessing the member area.
And this shows what the platform intends all along. The platform is only interested in deposits. Once you deposit funds with Inet Markets, forget about it. The platform is hell-bent on defrauding anyone who signs up.
There’s no demo account available set to introduce members to the platform. However, a reliable trading platform will have a demo account ready for members. These are platforms that give members a chance to test set conditions.
There’s little information as to who owns or runs the platform. Those who have invested with the platform have nothing but misery to show. The owner is nowhere for comment since InetMarkets is an anonymous platform.
Before opening an account with any platform, check with the business registry of the jurisdiction. The platform even fails to mention their place or residency. These are telling signs the owner wants to remain anonymous.
Hundreds of clients have lost funds with the platform. None of them thought that this would be the story told after trading. Some of them did make profitable trades only to get a withdrawal blockade.
The store doesn’t have any social media pages or engagement with the community. That’s also a sign the store doesn’t want any interaction. It’s a trap for anyone who doesn’t bother investigating it for fraud.
Don’t even think the platform bothers with your emails. On the contact page, members get a message board where they are to leave their messages. And that’s it. There’s no phone number one can use to call the owner.
Funding your account with the platform is straightforward. The platform accepts bank and wire transfers. After funding your account, the balance will reflect after 24 hours. You can then start trading with the conditions set.
Withdrawing funds from the platform is the biggest issue facing members. None of them seem to overcome this hurdle. After sending several emails, the platform will delete your account. Some members don’t have access to the balance dashboard as, well.
Your funds are far from safe with this platform. It doesn’t have a license and fails to offer any meaningful security for members.
Please stay away from inetmarkets.com.
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