Inertia Finance: this is a white-label software utilizer and a similar unregulated CFD broker that launched on October 20th, 2021. We noticed that broker users & investors are complaining about having problems with inertia finance brokers.
This is why we bring this inertia review to you in today’s article, so read on below to know more about Inertia finance, its mobile trading app. Also, we will consider the fact of inertia finance is a Rip-off broker or not.
Table of Contents
About Inertia Finance
Looking at Inertia finance’s official site, we noticed that this company provides no information about its owner or its operator officially. From our research, we found out that the broker-owner is Tryst Consulting LLC as an organization.
Inertia Finance’s official headquarters is residing in Saint Vincent and the Grenadines.
Also, if you have a glimpse at its official platform, you will notice that Inertia finance is in no way under any regulating/ regulatory agency, all these serve as a severe RED FLAG to a company still in search of growth.
Not only that, but the company also operates with other platforms that provide Automated Trading Software, and websites like this are always popular among fraud schemes.
Therefore, Inertia Finance is simply another unlicensed forex broker, this implies that investors are unprotected & defenseless. It’s highly possible that they’ll walk away with your investment funds with no government entity to hold them accountable.
If you would like to know how inertia finance works, view the information below.
How does the Company Work?
To know how unlicensed brokers work; these are the things you will notice before trying to invest with them.
- The company will persuade investors to make a first minimum deposit.
- When you are trying to apply with your first deposit, the company will offer deals with great returns that will look true & affordable.
- This offer might be to double your first deposit on returns or bonuses, which you will be earning $100 on daily basis.
When you notice this kind of investment scheme, please do not go directly to make a deposit or an offer, this kind of scheme is a scam.
If you mistakenly follow their offers and make the deposit, you will be directed to a more intelligent fraudster who will try to rip off more money from you.
This is how an unregulated broker company (Inertia) works. Therefore, before, joining any investment platform or depositing any funds to a broker for proper trading, check out the background of that broker, and know if it’s secure for funding your money for crypto/material trading.
Inertia Finance – Withdrawing Funds & Official Wires
Withdrawing funds on Inertia Finance broker is not safe because of its unlicensed nature, instead, submit a withdrawal request immediately.
During withdrawal, whether your money is not much or it is, it is possible that they can delay your withdrawal process for months.
Also, know that if they delay your withdrawal funds for more than six months forget about it, why? This is because you won’t be able to file against them at all.
Additionally, during your registration, if you try signing the MAA form, it means you’ve authorized them to officially have access to your personal account & they can operate the way they want on it.
When you send them a deposit officially, there is no way you can a refund on a wire, because you willingly did it. The only solution to this on getting your wires back is by taking the issue to another level.
To do this, you can apply the steps below.
- Inform their team that you will officially file a complaint to an authorized agency if you don’t get a refund to your account on the money deposited officially.
- A similar method to apply is to arrange an official letter/email signed and sent for a regulating agency as a complaint. To this, you can search for a close regulating agency for forex brokers around you.
- When you finish preparing the letter/email, make a description explaining the rip-off, telling them that it’s the main reason you are sending it to them.
- Then finally, send the same letter to Inertia finance or any similar broker imitating inertia that has scammed you in the same process, telling them that if you don’t get a refund, the same letter will be on its way to that particular regulatory agency.
For additional help, leave a comment below, we will be at your aid right away.
At your notice, there is also a Forex trading mobile app initiated by Inertia Finance, read on below to know more about this app.
Inertia Finance Mobile App
The official title of the inertia finance mobile app is Inertia Wealth 2.0. This app is a trading portfolio application, used for managing a trader’s personal finance trading portfolios. The application file was released on February 11, 2021, and is currently on Google Playstore.
And this app, you can currently download for free. Feel free to download the app for free through the link below.
Conclusion – Is Inertia Finance a Rip-off Crypto Broker?
Yes, Inertia Finance is an unregulated & unregistered broker, and it is not licensed by any government entity.
Despite the fact that they are targeting German citizens, they are not licensed by Bafin, the German government’s protection agency.
Tryst Consulting LLC (1453 LLC 2021) is the official owner and operator, and their address is The first Floor, First Saint Vincent Bank LTD Building – James Street, Kingstown VC0100, Saint Vincent and the Grenadines.
Compliance.firstname.lastname@example.org is the email address for customer service.
Although there is no phone number provided on their website, you will receive a high-pressure phone within 30 seconds of signing up for an account.
Hope you got enough information from this unbiased review, for additional suggestions on this article, please leave a comment in the comment section below.