Immediate Edge Review 2023 Scam or Legit? Know Before Sign Up!
However, Immediate Edge is not a legitimate trading platform. It is a scam designed to steal money from unsuspecting investors. The platform uses false advertising and misleading marketing tactics to lure investors into depositing money into their account. According to the creators of Immediate Edge, they have designed innovative software, especially for this cryptocurrency trading platform. The software is connected with all the popular global exchanges like Kraken, Binance, Coinbase, etc., and gathers price data for Bitcoins and other cryptocurrencies.
- Primarily, the process involves filling up a request form for withdrawals.
- In trading, if the amount of money deposited by the trader is high, then earning potential will be high.
- The platform offers 24/7 customer support, with knowledgeable and friendly support representatives available to assist users with any questions or concerns they may have.
- Users with more experience can choose the manual mode, and those with lesser experience can go with the assistance mode.
You can present any sort of issue you may be experiencing with the platform, and the team claims to resolve it in less than 24 hours. Remember, while you can make profits with this robot, losses are inevitable. Therefore, manage your trades and conduct thorough market research for solid trading strategies. Lastly, note that you will not only pay a 2% commission on profits but also report your earnings to the IRS/HMRC for taxation.
Is Immediate Edge a Scam?
For deposits and withdrawals, the Edge takes the least possible time and no withdrawal fees. Primarily, the process involves filling up a request form for withdrawals. Eventually, it takes less than two working days for the funds to reflect in the trader’s bank account. Once you have made your minimum deposit, You will be provided with a demo account to get the hang of trading and how the product works. Once you are familiar with the demo account and you feel ready, you can move on to auto-trading with the trading bot and start gaining some profits.
- Scammers often operate from overseas, making it difficult for law enforcement to track them down.
- Note that the only way to start trading using Immediate Edge is through its affiliated brokers.
- They are also using pictures of the Winklevoss twins and Bill Gates to deliver their message.
- With an accuracy of 90%, you can begin making money with a minimum deposit of $250.
However, there have been cases where scammers have been caught and prosecuted. It is essential to report investment fraud to the relevant authorities to increase the chances of catching and prosecuting the scammers. The payout system process https://immediate-edge-uk.com is initiated after a trading session. Also, your funds get converted to your local currency and transferred to your bank account. Concluding on the Immediate Edge review, try trading for a minimum of 8 hours a day to build wealth.
Features of Immediate Edge Broker
Trading using Immediate Edge is not limited to popular cryptocurrencies. Immediate Edge has a large variety of coins to trade with in addition to main coins such as Bitcoin and Ethereum. Again, we will try to emphasize how important it is to act on time. That’s why we need you to react as soon as you’ve found out about the scam. Their capacity for thinking of reasons to deny your payouts is extreme.
- Immediate Edge does promise a 90% ROI to its investors, but the authenticity of these claims is yet to be verified.
- In this regard, we encourage you to start from here and build your skills and understanding of the markets.
- To end our readers’ uncertainty, we have managed to answer below a few out of many frequently asked questions by traders and investors.
- The features offered on the platform are standard in the crypto trading space, and based on the way in which the trading robot functions, profits are certainly possible.
Besides the minimum deposit, the Immediate Edge platform only charges a commission of 2% on profits made. This means that you will not pay commissions if you lose a trade. Fortunately, there are no other Immediate Edge fees applicable. You will download, install, and sign up for free, but remember, no trades can be made without the minimum deposit. Their expertise in the trading industry is said to improve the efficiency of the bot’s performance.
Is Immediate Edge legit?
Also, every user has to complete the know-your-customer (KYC) verification process to confirm their address and identity. In addition, the bot uses SSL encryption with the aim of protecting your personal and financial information. This robot is highly encrypted in an attempt to eliminate the possibility of a data breach. It prides itself on adhering to stringent global data privacy laws, including the EU’s General Data Protection Regulation (GDPR). Plus, the robot is integrated with regulated brokers that are known to secure traders’ funds and provide the best trading conditions. The service is easy to use and holds your hand through the opening stages with a helpful demo trading account.
- Plus, the Immediate Edge site had some pretty intense anecdotes, which usually aren’t promising.
- Initially, we researched Immediate Edge prior to testing, next we tested Immediate Edge and recorded the findings, we then detailed our Immediate Edge findings in a report.
- The amount of profit you can make with Immediate Edge depends on the initial capital, your strategy, and market conditions.
- Immediate Edge claims to be a legit auto trading platform and is legal in countries that allow CFD trading.
- The action you just performed triggered the security solution.
This adds credibility to the platform as it is backed by someone with significant experience in the trading world. Your account statements can be downloaded directly from your personal account with Immediate Edge. As you start making profits, you could be liable to pay taxes on these profits and for that, you will require these documents so it is important to download your transactions regularly. It is easy to make fast deposits and withdrawals with Immediate Edge. Immediate Edge also welcomes a range of different payment methods. They’ve been blacklisted as such by multiple financial authorities and they engage in unscrupulous activities of stealing investments.
Best cybersecurity practices for forex trading in South Africa
So, undoubtedly, it’s the most important step in the process. People who want to start trading on the Immediate Edge have to first sign-up on the website. They’ll find a registration form on the homepage of the website. It has to be filled with accurate personal information, including the user’s name, email ID, and phone number.
- Being as secretive as they are about their company information, Immediate Edge doesn’t allow you to get in touch with them any other way but through an online form.
- The creators of this trading platform claim that it can scan the global exchanges and recognize the profit-making trade opportunities that are 98.9% accurate.
- It is, therefore, better to avoid trading with money that you cannot afford to lose.
- Jim Pattison is a Canadian business magnate, philanthropist, and investor.
- This is one of the many great features of Immediate Edge because it means beginners can feel at ease when they use the Immediate Edge platform.
To address this, it’s essential to look at the platform’s transparency and its partnerships with regulated brokers. Immediate Edge works with brokers regulated by CySEC, which provides a compensation of up to €20,000, ensuring the security of users’ funds. Edwin James, the pioneer of Immediate Edge, is a software engineer who made tons of money with crypto binary options & forex trading mechanisms manually.
Security and regulation: 4.4/5
Every single warning issued on Immediate Edge has several more of their websites mentioned. So the scam doesn’t just run on one domain – there’s a few of them. However, the warnings we found prove they are anything but a lucrative investment chance. Leading regulators from all around the world have them marked as a scam that runs their business without a license or authorization.
- So when you make a profit, the platform will also gain a profit, and when you don’t make a profit, the bot will also not get any profits.
- Arbitrage strategies exploit discrepancies in price between assets on different markets.
- Be it in the form of additional docs, fees and conditions, Immediate Edge has every excuse under the sun to deny your withdrawal attempt.
- Unfortunately, as we found in our Immediate Edge review, all claims regarding celebrity and media endorsements of the robot are not true.
- The developers of the software claim that even inexperienced traders will be able to earn profits from using the software.
Well, the presentation of the program is already suspicious, but for some reason, it has caught your attention and curious if they’re worth investing in. If someone tells you all you have to do is pop £250 into an investment, sit back and wait for thousands to roll in IT’S A SCAM! My dad called me and asked for my opinion on Immediate Edge, said that he’s invested $250 to test if it’s a scam or not. A prominent Chinese artificial intelligence (AI) company, Baidu, has placed an order for artificial intelligence chips from Huawei. This decision signals a shift away from a well-known American AI chip giant,… Based on our analysis, Immediate Edge appears to be legit and safe to use.