Read our Inetmarkets review to see if we recommend this broker for trading. Just to clear doubts, this is an inetmarkets.com review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Inetmarkets is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Inetmarkets in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Inetmarkets Review Conclusions
Making the Inetmarkets review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Inetmarkets review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Hi, this company is exactly how you say they are a scam, I deposited £210 just to see if they were legit or not. They started by saying you have to do a wire trancfer rather than use their website which I did and vsrd was blocked, this was a big red flag for me but then I still wired the money being stupid because I was still keep to see if the broker worked, so my money arrived into the account I put their robots on what was guaranteed to get atleast 3 trades a day first two days I had 3 trades a day then one then none, I answered a phone call from them and they said you need to wire atleast £5000 for the system to be working properly with note trades a day at a Conservative rate I said I don’t have that money that didn’t stop them trying or asking when do I get paid, so tried withdrawing £20 to see if the system would let me and it said pending for a week while they kept phoning from 100 different numbers no joke I had 12 calls yesterday I blocked them all. Buy anyway after the robots wasn’t making trades I stated trading myself and lost it well I started making money them a trade went the wrong way and because I had to no trust in the broker I left the site and forgot about it… NEVER USE THIS BROKER IT WILL MAKE YOU BROKE.
Hi do you know if I can move somehow money to my account I mena bank account or its impossible.
At first they ask for $200 to open account and you don’t know its INetmarket. Then their “broker” try to convince you to add more money to your account. Minimum another $1000 to make the trades worthwhile. They phone daily from different phone numbers. Their emails are not professional. Definitely a SCAM. When you try to get your deposit paid back there is no response or cooperation. Just more “brokers” phone you to convince to add money. Don’t pay then any money. You will lose it
Am still watching them
That’s true come with different types of styles but I monitor them for 2 weeks now let’s me see if I can withdraw I wanna hear what have they to say.
Yes I Agree they are a scam. Invested over 2000 Dollars and when I was not happy. they did 3 trades at above market value by 15% and the trades started at a loss. I was then called to increase the funds as there was a margin call.
I invested just like everyone else and landed up losing every cent, they are brilliant scam artists and thugs to say the least. Do not trade with them!!!!!
Please do not use this company, I lost all of my money. They are scammers, they show you huge profits, call you constantly to invest more, when you want to withdraw they will use any excuse to hold your money back, in my instance i made a lot of profit. I wanted to withdraw my original investment, they kept on making excuses. I just logged into my account, suddenly all of my money is gone, Please do not truest these guys.
Sadly I have to agree with everyone here that stated that Inetmarkets is a SCAM!!! Firstly, you don’t know it’s Inetmarkets. Secondly, they pressurise you (to the point of actually harassing you) into making “investments”/payments. Thirdly, they insist in a very smart way to do immediately available transfers. Fourthly, the initial investment amount is small and progressively increases as they “prove” how good your “broker” is with making profitable trades. Fifthly, they will push for you to make a loan, use your salary or take out a bond to invest the larger sum of money. Sixly, they “disappear” when requested to do a withdrawal and when you log into your account to request it yourself, the broker opens trades which is SURE to loose ALL your funds!!!! Seventhly, then they have the audacity to let another “supervisor” or “manager” phone you to tell you they have an idea how you can recoup your funds!!!! Plz send them STRAIGHT to HELL. I do not fall for scams, I did do my due diligence BEFORE investing from the 2nd amount onwards … at THAT time the were NO scamming reviews!!! So they were very busy since, I see now!!!
PLZ PLZ PLZ do not invest with these common criminals!!! DO NOT even LISTEN to their story!! They will play on your good, kind nature and financial fears until you “over ride” your logic!!!
All the comments I read are true with no deception, I should have trusted my instit by not trading with Inetmarkets, I was called by a broker called Marko Alexander ..they are scammers they know the financial markets, will convince you to withdraw your investment and invest with them, tell you to take out loans and when you make a withdrawal request they will open trades on your behalf that will cause you to loss your money putting your account under risk, then you get a call from the manger telling you that there is a way to save your account and he will credit your account in the Condition that you pay them back….my redflag was that I could not use my profit to reinvest.
The most painful part is one goes along with this because you have already invested large amounts of money you just hoping it get it back but end up loosing everything instead.
They are scammers. They gave a credit to me because I could not transfer the money immediately, and then I did not want to pay the credit, but aI was scared that I am going to loose the $200. They let me do a withdrawal and said that I will see it in 20 min, but it is still not showing, but with that I transferred the money because I was tricked into thinking the withdrawal was going to happen. Then they stopped trading and said that I need to pay the tax on the profit into a valr account. A fool I was.
All the comments I read are true with no deception. Inetmarkets are SCAMMERs. I was called by a broker called Andrew Schultz ..this heartless human being would trade on your behalf and make sure you have huge profits (I think they do outdoor programming). At the point of making a withdrawal Andrew Schultz said I must pay South African Revenue Services (SARS) tax of $5k which I must deposit into a Valr account number 1624849 and this was the red flag (how could I pay from my pocket to SARS by depositing the money in an account that doesn’t belong to SARS?). The $5k tax was more than the money I had invested with Inetmarkets. Then I got a call from the purported financial department person, a Kai Yamato, telling me that I cannot withdraw if I do not pay the tax amount. I wanted to withdraw my original investment only then Kai Yamato said the company is going to pay SARS tax by topping up the money I invested, suggesting that I even owe their company. It’s disheartening!
Pliz, Pliz, Pliz, do not invest with these common criminals!
The Valr account number 1624849 needs to be investigated (I am reachable on +27692912218).
I invest with this company I lost my 9 000£. I did research and I didn’t found anything about them so I thought its good now I found all negative comments and I think it’s too late. Does anyone know if its possible to get my money back.
There are a lot of companies who say they can get your money back. They ask for a deposit, so they are also scammers. Sorry. If you find out please let me know