Immediate Connect is a crypto market autotrader. Our expert review of Immediate Connect investigates whether it’s legit or a scam and if you can trust it
Immediate Connect is a crypto market autotrader. Our expert review of Immediate Connect investigates whether it’s legit or a scam and if you can trust it
Immediate Connect is a crypto market autotrader. Our expert review of Immediate Connect investigates whether it’s legit or a scam and if you can trust it
Immediate Connect is a crypto market autotrader. Our expert review of Immediate Connect investigates whether it’s legit or a scam and if you can trust it
About the Immediate Connect platform How does Immediate Connect work?
The Immediate Connect trading app works
by connecting to your chosen cryptocurrency exchange via an API and automatically placing trades. The automated trading software uses a range of built in investment strategies and sophisticated algorithms to profitably trade cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. The Immediate Connect platform has partnerships with leading and regulated cryptocurrency brokers and exchanges that allow you to use leverage. This means you can get started with the Immediate Connect software with a very little initial deposit. It constantly monitors the market and derives an entry or exit position, and uses an API to send trading signals to the broker instantly. The broker then carries out the trade recommended by the robot. What assets and products can be traded on Immediate Connect? As with many automated trading platforms, an Immediate Connect account has fewer crypto market coins on offer compared to what you can find on a conventional cryptocurrency exchange. Here are the available Immediate Connect markets: Bitcoin (BTC) Ethereum (ETH) Ripple (XRP) Litecoin (LTC) How much does Immediate Connect cost to use? The Immediate Connect software does not charge any fees or commission charges and you can create a free account easily on its user friendly interface. The registration process is also absolutely free. However, you may be charged a fee by one of its partner brokers when you go to make a trade. Each of Immediate Connect’s partner brokers has a different fee structure; however, you should expect to pay around 2% commission for each trade the robot makes. There is a minimum deposit amount of $250 for signing up with one of its partner brokers. What Immediate Connect are the payment methods accepted by Immediate Connect? You do not deposit any money with an Immediate Connect trading account; rather you deposit funds with one of its partner brokers. There is a range of payment methods available, including Visa, Mastercard, bank transfers, wire transfer, Skrill, and Neteller. Here is a list of the payment methods available with Immediate Connect: Visa Mastercard Wire transfer Skrill Neteller Is there an Immediate Connect app for both mobile and laptop computers? Yes. You can access Immediate Connect on any desktop or mobile software. Platform accessibility is very good, and there is an Immediate Connect app that can be downloaded from the Play Store. You can use the mobile version for the same tasks as the desktop version, although it is worth noting that you can only be logged in one at a time and which one you use is down to your own personal preferences. Here is a list of the devices you can use Immediate Connect on. Desktop computers Laptops Smartphones Tablets Immediate Connect key features The Immediate Connect trading app has lots of features and here are some of the key components that make Immediate Connect unique. Trade with leverage up to 1:4000 Immediate Connect has partnered with brokers that allow leveraged trading in cryptocurrencies. You can trade with leverage up to 1:1000. But be careful as leveraged trading is risky and should only be used by experienced traders. Free Immediate Connect demo account With Immediate Connect you can try before you buy with its free demo account. The Immediate Connect trading software lets you practice with virtual funds in a demo account so you can see if the crypto bot is right for you. CySEC-licensed brokers When you create an Immediate Connect account you will get the benefit of using CySEC-regulated services. This means you’ll always have the safety of strong regulations covering you if your broker were to go out of business. Go long and short with the Immediate Connect trading robot You can open both long and short positions through the Immediate Connect website. The trading robot partners with a network of brokers that allow shorting. In trading, taking a long position means you’re betting that the price of an asset (e.g. Bitcoin) will go up, whereas taking a short position means you make a profit if the price falls. Which brokers can I use with Immediate Connect? On the Immediate Connect app, there is not a list of brokers that it is affiliated with. However, our investigation has revealed it has strong partnerships with many licensed brokers and exchanges that offer margin trading in cryptocurrencies. These brokers are regulated by CySEC and follow KYC and AML guidelines. Can I trade assets with leverage? Yes. Immediate Connect has partnered with brokers that allow leveraged trading in cryptocurrencies. You can trade with leverage up to 4000:1. This means that for every $1, you will be able to trade $4000. But be careful, as leveraged trading is risky and should only be used by experienced traders. Can I open long and short positions with Immediate Connect? Yes, you can open both long and short positions through Immediate Connect because of the network of brokers the platform is partnered with. When you take a long position, it means that you are betting on the price of an asset to rise. You can use the Immediate Connect algorithm to go long on Bitcoin. When you take a short position, it means you are betting the price of an asset will fall in value. This means you can use the Immediate Connect trading platform to go short on Bitcoin and other cryptos. How do I get paid? What about payouts? You can request a withdrawal whenever you want and depending on the broker you are using, the money can be in your bank account within 48 hours. There are no limits on the withdrawals placed with the Immediate Connect bot and they are usually processed in 12 hours to your bank account or payment method. What is Immediate Connect’s customer service like? Before registration, you can only contact Immediate Connect customer support through an online form. Once you are a registered user and your Immediate Connect software is up and running, you can access its customer service 24/7 via email and live chat. On the Immediate Connect trading website, it says customer support is instantly available; however, when we tried to make contact, we were unable to get a response. Safety and security Is Immediate Connect safe to use? Our research found that Immediate Connect is safe to use. The crypto trading software uses SSL encryption for its website and robot. It also uses anti-virus and anti-phishing measures to keep users safe. The Immediate Connect trading bot also uses regulated brokers who are licenced by well-regarded authorities such as CySEC. Is Immediate Connect regulated? Immediate Connect is a trading software that you can download and is not regulated. However, it partners with several cryptocurrency exchanges and brokers who are regulated by CySEC. This means that when you deposit money with these cryptocurrency brokers, it falls under the regulation of CySEC. Is my money protected on Immediate Connect? You do not deposit any money with Immediate Connect itself, as it is a crypto trading bot that can be downloaded. You do deposit money with one of its many partner crypto exchanges, which are regulated by CySEC. Cryptocurrency brokers who are regulated also offer compensation schemes which mean that your money is safe when using Immediate Connect. Who owns Immediate Connect? On the Immediate Connect website, it is unclear who owns the crypto algorithm. During our research, we uncovered many names claiming to be the owners of the crypto bot. These claims appear to be unsubstantiated. Our research discovered that Immediate Connect is owned by a group of cryptocurrency traders and software developers with decades of experience. It is very common for developers of trading robots and trading software to remain anonymous, especially in the cryptocurrency space where anonymity is important. What is the registration and verification process? Thanks to its user-friendly interface, the registration process is fairly simple and takes a few minutes. You need to provide basic details like your name, contact number, and email and set a password. You don’t need to submit any proof of identification at this point. Once all your details are submitted, your account is verified in a few minutes. How to start trading with Immediate Connect Step 1. Create an account with Immediate Connect The first step you need to take to join Immediate Connect is to fill out the registration form on its website. This takes just a few minutes and all you need to do is provide your name, email address, and phone number. Immediate Connect registration Step 2. Make a minimum deposit of $250 Once your registration form has been filled out you will need to make a minimum deposit of $250 on the Immediate Connect website. During this stage, you will need to register an account with the cryptocurrency exchange it recommends and provide some identification, such as a passport. Step 3. Set up your Immediate Connect trading system Once you have registered your account with its partner cryptocurrency exchange, it’s time to set up the trading robot to make Immediate Connect work. You should make sure that you take some time during this stage as there will be lots of settings you can adjust to make the most of the bot. Immediate Connect bullet points Step 4. Adjust risk management settings Before you begin trading with Immediate Connect, you must ensure that you adjust the risk management settings within the robot. Managing your risk is important as the crypto bot could make lots of trades which your account may not be able to cope with if your risk is too high. It’s a good idea to start slow and low and build as your account size grows. Step 5. Start investing with Immediate Connect Now, you will be ready to go with Immediate Connect and start trading. You just need to connect it to your cryptocurrency broker and it will start making trades. It’s recommended that you start using its free demo account. This way, you can test its trading potential and make any adjustments before moving to a live crypto trading account. Immediate Connect sign up Open demo account Has Immediate Connect been recommended by celebrities or appeared on TV? Invezz can find no evidence of any celebrity or television show promoting the services offered by the Immediate Connect algorithm. Many stories have appeared online linking the Immediate Connect trading platform to a host of well- known celebs and wealthy investors, but our research could not find proof that these claims are true or any celebrities promote Immediate Connect. We have included three fact checks below covering the celebrities most commonly associated with Immediate Connect. Is it true that Nicole Kidman endorsed Immediate Connect? No, Nicole Kidman has not spoken favourably about Immediate Connect. Nicole Kidman began her career as a film star, achieving global success in the mid-1990s in films such as Batman Forever and To Die For. She has been one of the most famous actresses in the world ever since. Fact check: False. Our research found no evidence to suggest that Nicole Kidman has endorsed Immediate Connect or has ever used the crypto trading automated software. Is it true that Olav Thon uses the Immediate Connect website? Any claims that Olav Thon uses the Immediate Connect website are false. Olav Thon is one of Norway’s richest men, having amassed a fortune of over $5 billion through his real estate empire. He has set up a charitable foundation specialising in medical research, to which he intends to leave all his money. Fact Check: False. Olav Thon does not use the Immediate Connect website or the cryptocurrency trading robot to make trades in the Bitcoin market. Has Patrice Motsepe recommended Immediate Connect? There are a few online reports that Patrice Motsepe is involved with Immediate Connect, but none of these are true. Patrice Motsepe made his fortune by founding the mining company African Rainbow Minerals. Fact Check: False. Patrice Motsepe does not recommend an Immediate Connect trading account. Our research found no evidence that Patrice Motsepe even knows what the Immediate Connect trading robot is. Visit Immediate Connect & Create Account Is there an Immediate Connect alternative? There are lots of other Bitcoin bots out there. Many offer a similar service and are tailored to crypto trading, while others take a broader approach and let you trade stocks and forex as well. Here are some other trading platforms you might want to consider: Immediate Vortex is a trading bot that uses machine learning to trade Ethereum and other ERC-20 cryptocurrencies. Immediate Connect is a crypto auto trader with a trading system that’s easily adjustable to suit top cryptocurrencies and altcoins alike. Bitcoineer is a crypto bot that uses a combination of artificial intelligence, machine learning, and natural language processing to identify and place trades. Altrix Edge is a cryptocurrency trading bot that offers signals and automated trading for cryptos on the Ethereum blockchain. Immediate Bitwave is a crypto auto trader with a trading system that’s easily adjustable to suit top cryptocurrencies and altcoins alike. Trader AI is a fully automated crypto robot that uses advanced technology to craft highly optimised trading strategies on crypto, stocks, and more. Our top robot trading tips for beginners Before you go ahead and use a crypto trading robot, there are several factors you need to be aware of to make the most of your trading experience. Below, our cryptocurrency experts have provided some tips to help you. Familiarise yourself with trading. If you’re new to trading, you must take the time to familiarise yourself with how the markets work. Cryptocurrency is especially volatile, so you should learn as much as possible before investing money. Understand cryptocurrency space. Cryptocurrency markets are difficult to navigate if you’re a beginner or have not traded before. Crypto is volatile and prices can change quickly, so it pays to take the time to understand how it works. Practice with a demo account. Using virtual funds is a top way to practice without risking your own money. Using a demo account with a cryptocurrency trading robot is the best way to discover in a secure environment if it’s any good or not before moving to live trading. Start small and build gradually. You should start with small trades and build your account slowly and steadily. Many small, consistent trades can quickly grow into a nice amount of money. Only invest what you can afford to lose. Trading can be risky, and that is especially true for the cryptocurrency market. Never risk more than you can comfortably afford to lose. Our final verdict on Immediate Connect Our experts all recommend Immediate Connect to traders or investors who are actively involved in the cryptocurrency market and want to automate their strategies for digital currencies. The robot offers automated trading that can scan the internet and suggest the best crypto trades. However, claims made by the website that inexperienced traders have made huge profits in no time seem very hard to believe and shouldn’t be taken at face value. Our research suggests that some traders have used Immediate Connect to automate trades based on their trading strategy. This seems to be the best way to approach Immediate Connect; as a tool to help you trade, rather than a service you simply entrust your funds to. Start trading with Immediate Connect now Methodology: how we scored this Immediate Connect review Helping people make better financial decisions is at the heart of our mission at Invezz. We test each piece of trading software to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other platforms we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the robot, conduct research, and score the service. To supplement our practical testing and experience, we research the service to gather any further relevant information and provide context to help you decide whether the platform is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t. The trading software is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources. We work closely with the individual crypto brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms