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InertiaFinance Review: A CONSOB Blacklisted Platform

InertiaFinance Review: A CONSOB Blacklisted Platform

CONSOB has already put InertiaFinance on the red list. The platform is a substantial financial burden to investors. Once you deposit funds with Inertia Finance, that's the last you will see of it. In addition, hundreds of investors are losing funds with the platform as withdrawal is a problem. Chances are that inertiafinance.co will block all withdrawal attempts. You need to know more in our exclusive INERTIAFINANCE REVIEW.

About InertiaFinance

On the about us page, InertiaFinance is claiming transparency as their core. We have seen this before as platforms try and appeal to investors. What you won't see from the platform is the many red flags set by the owners.

InertiaFinance Pros and Cons

You need to stand firm and invest in proven alternatives. We suggest investing in leading and innovative investment strategies. Try out coin staking, DeFi, and Masternoding as a way of investing.

InertiaFinance is only looking to rip off investors. We must flag down such platforms to protect investors. Hundreds will lose funds if authorities don't bring down the website. We strongly believe that this is another exit scam.

Once you land on the homepage, it becomes clear that the people behind the platform are professionals. We have to give them credit for creating an aesthetically appealing website. It's easy to fall for what's written on the platform.

The platform claims to offer deposit security and a high level of protection. These are false claims as the platform is in league with other hackers. Your personal information is at risk of being used in online fraud cases.

We urge investors to do some research before investing in any platform. Try and check out what makes a platform tick. That's the only way to make sure your funds are safe. Do some due diligence, such as reading our crypto and forex platforms reviews.

Accounts InertiaFinance

InertiaFinance avails five different accounts for investors to use. These include Mini. Standard, Classic, VIP, and Professional. Each of these accounts comes with a different set of features. Here's a closer look at each account type;

Mini

As the name suggests, this is the most basic account. Investors have to deposit $250 to get started. The account comes with over 300 trading instruments with leverage set at 1:10. You get a promise of getting tight spreads which remains unknown.

Standard

Investors have to deposit $1,000 to get started with the standard account. The account comes with a contract size of 1 lot = 100. You also get maximum leverage of 1:30. In addition, members have access to over 800 financial trading instruments.

Classic

There's maximum leverage of 1:50, with investors having to make a minimum deposit of $5,000. The account promises tight spreads and over 1,000 trading instruments. You also get a promise of direct support from customer care.

VIP

Investors have to make a minimum deposit of $10,000 to get started. After that, the maximum leverage is 1:80 and access to over 1,300 financial trading instruments. In addition, you get a promise of getting a personal consultant for your trading.

Professional

It's the most exclusive account with the platform targeting institutional investors. The minimum acceptable deposit is $50,000 and comes with a maximum leverage of 1:100. In addition, members get access to over 1,500 trading instruments.

Accounts InertiaFinance

Account Manager

Certain accounts come with a personal consultant or account manager. For example, members of VIP and professional accounts get an account manager. You would think that these are professionals helping with day-to-day trading activities.

And you're mistaken, and these are call agents who act as account managers. The platform will use them to try and fleece every penny from you. In most cases, these consultants call you at odd hours with claims of having a lucrative open position.

All you have to do is deposit with them and wait for the profits to soar. That's not happening soon as the consultants all over sudden change tactics. You don't hear from them, and the platform replaces them with another consultant.

Attempts to reach out will often hit a wall as the platform tries to cover it. The platform will claim that the consultant in question is out on leave. You get a promise to hear from them once they are back. The promise doesn't materialize.

Affiliate program

The platform avails an affiliate program to get as many users to sign up as possible. The platform promises a hefty commission for every member you help bring in. It seems like a legit way of earning passive income.

Sadly, the platform fails to release commissions for affiliates. Even their introducing broker program is a fluke. No one has received any commission as the platform hides conversion data.

You end up losing your credibility as you help the platform gain more victims. These victims will want their money back, and you are to blame for it. In the eyes of the law, you are an accessory to online fraud.

The platform is only interested in taking advantage of your connections. As an affiliate, you have to ensure you direct clients to a viable platform. Do some research and ask for conversion data to ensure a level playing field.

Business holder

Tryst Consultancy is the name we have as the platform's parent company. The disclaimer at the footer of their homepage suggests this is an offshore platform. We don't recommend investing with offshore platforms.

There's a cloud of anonymity when it comes to Inertia Finance. There's no information on the people working behind the curtains. And this is the reason why we have to expose the platform. You have to stay away from it or risk losing your funds.

The problem with anonymity is that you can't recover funds. Hiring recovery agents won't help your cause. We suspect that these agents are part of the bigger scam. Please stay away from anonymous and unregulated platforms.

Compliance and License InertiaFinance

CONSOB Warning inertiafinance.co

InertiaFinance is not a compliant investment platform. Instead, we have a platform that fails to offer genuine investment options. Despite claiming a Vanuatu license, offshore regulators don't impose strict regulations.

And this is the reason most regulators want to have licenses from offshore locations. You need to avoid platforms regulated in the Marshall Islands, Seychelles, Vanuatu, and more. These platforms don't protect the interest of investors.

You need to invest in platforms with a regulatory framework from reputable regulators. Some reputable regulators include ASIC, BaFIN, CFTC, CNMV, CONSOB, CySEC, and FCA. Others include FINMA, NFA, and the SEC.

Contact and support

Despite claiming to offer direct access to support staff, that's not the case. Once you click on the contact us page, you're directed to a message board. There's no phone number listed that members can use to contact staff directly.

Deposit safety InertiaFinance

Your funds are far from safe with this unregulated platform. The platform fails to segregate accounts as dictated by trading regulations. We have a platform that doesn't offer insurance cover for deposits made by investors.

The platform also fails to deposit the minimum acceptable amount to protect investors. Regulators use this amount to protect investors from unforeseen issues such as bankruptcy. As it stands, no member will receive any compensation once the platform shuts down.

Are funds safe with Inertia Finance?

Final thoughts

After exposing all the red flags, we recommend that you stay away from inertiafinance.co.

You need to invest wisely by using expert-backed investment options. That's the safest way to invest in the markets.

If you have any queries, feel free to drop a comment or email us.

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