Immediate Edge Review
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Updated:
Reason to avoid: No license
Listed Date: March 21, 2024
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Is Immediate Edge Scam or Legit Broker?
About Immediate Edge
| 🏢 Registered in | No Registration |
| 🗺️ Type of License | No license |
| 🛡️ Is Immediate Edge safe to trade? | No |
| 🗺️ Recommended Licenses | FCA in the UK 🇬🇧 and ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
What is Immediate Edge?
Immediate Edge claims to be a cryptocurrency investment system that generates money for traders on autopilot. Immediate Edge function as an automated trading robot employing Artificial Intelligence (AI) and sophisticated software algorithms to execute cryptocurrency trades, the company mentions it Utilizes historical market data and identifies trading prospects and determines optimal entry and exit points for cryptocurrency trades, so the auto trading crypto robot executes trades automatically on the trader's behalf.
Our extended research has uncovered crucial points and aspects of trading with the company that investors should take note of:
- Regulation: Immediate Edge operates without regulation, which is unsurprising given its nature as a cryptocurrency trading robot connecting to a third-party brokerage. It's not mandated to be regulated in this setup. What's critical is the regulation of the broker responsible for executing the trades. Instead of directly executing trades, Immediate Edge sends trading signals to a third-party platform entrusted with managing the funds. Therefore, these third-party brokers must be regulated.
- Client feedback: Genuine client feedback holds great importance and should not be overlooked. When traders sign in the system assigns a broker to them. On the company's website, it is stated that Immediate Edge cooperates only with the best brokers, but according to reviews, they assign mostly unregulated brokers. All in all, the reviews are mostly negative, and many state that it’s a scam. Another indication of potential scam activity is the constant persuasive calls urging traders to invest with the company. This behavior often serves as a red flag for fraudulent operations.
- Insufficient withdrawal: Based on numerous negative reviews, it is strongly advised against entrusting money to the company. Many reviews categorically label it as a scam, citing instances where traders are unable to access their investments and profits.
Overall Immediate Edge Ranking
Drawing upon our thoroughly informed Expert Opinion, backed by over a decade of hands-on experience in Forex Trading, we have uncovered significant concerns regarding Immediate Edge's regulation and overall reliability. As a result, we are unable to provide a positive ranking for Immediate Edge.
- Immediate Edge Overall Ranking is 3 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
| Ranking | Immediate Edge | Fidelity | Webull |
|---|---|---|---|
| Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
| Is Broker safe? | No | Yes | Yes |
| Advantages | None | Trading Products | Commission-free Trading |
Immediate Edge Alternative Brokers
Given the uncertainties surrounding the reliability and security of Immediate Edge, we strongly advise traders to explore alternative options that offer enhanced regulatory oversight and superior trading conditions. Below, we have compiled a list of reputable brokers for investment or those Brokers that run properly set Auto Trading Systems and provide reliable choices and ensure a secure trading environment for your consideration:
- Interactive Brokers– Good Broker with Excellent Robot Auto Trading Software
- Fidelity - Good for Stocks and Options Trading
- Vanguard – Low Fees and Commissions
Deposits and Withdrawals
The minimum deposit required to activate Immediate Edge is $/€/£250. However, the company typically recommends that members invest at least $/€/£500 to increase their account balance.
- The website advertises a demo account, which could serve as an excellent method to test out Immediate Edge and determine whether the platform aligns with a trader's strategy and objectives.
- Traders using Immediate Edge have the flexibility to request withdrawals at any given time. Withdrawals incur no fees; however, the platform's website does not specify the processing time for payouts.
- However, we advise exercising caution with withdrawals, as many traders have reported issues they encountered while trading with the broker, affirming its unsafe nature.
Immediate Egde Platforms
The Immediate Edge platform is promoted as beginner-friendly and completely fee-free. However, there is limited information available about the features the platform offers, and users are required to make a minimum deposit of $250 to access it.
Immediate Edge Review Conclusion
Following our thorough analysis of Immediate Edge, notable doubts emerge regarding the broker's credibility. Despite operating as an investment and Auto Trading company, the absence of registration raises significant concerns, particularly when coupled with negative client feedback. Furthermore, the lack of information on the website, combined with the average services and trading conditions offered by Immediate Edge, renders it an unfavorable choice for trading.
In light of these observations, it is highly advisable to prioritize tightly regulated brokers with established reputations and transparent trading conditions. We recommend selecting a trustworthy broker holding licenses from reputable authorities such as FCA, ASIC, or CySEC. Numerous regulated brokers have built a reputation for reliability while also offering exceptional services, including Robinhood, Fidelity, and Webull.
- Overall ranking and experience for Immediate Edge is Negative
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