Immediate Connect Review – Is it Scam? – CFDs and Real Cryptos

Introduction

Cryptocurrency trading has become increasingly popular over the years, and many trading platforms have emerged. One such platform is Immediate Connect, which claims to provide users with an efficient and reliable trading experience. In this review, we will examine the features of Immediate Connect, how it works, and whether or not it is a scam.

What is Immediate Connect?

Immediate Connect is an online trading platform that allows users to trade in both CFDs and real cryptocurrencies. CFDs, short for Contracts for Difference, are financial instruments that allow traders to speculate on the price movements of an underlying asset, without actually owning the asset. On the other hand, real cryptocurrencies are digital currencies that can be used as a medium of exchange.

How Immediate Connect works

Immediate Connect uses advanced algorithms to analyze market data and provide users with trading signals. These signals are generated based on indicators such as market trends, trading volumes, and historical data. Users can then use these signals to place trades on the platform.

Features of Immediate Connect

Immediate Connect offers several features to its users, including:

Real-time market data: Users have access to real-time data on the platform, allowing them to make informed trading decisions.
Customizable trading settings: Users can customize their trading settings to suit their preferences and risk appetite.
User-friendly interface: The platform has a user-friendly interface, making it easy for beginners to navigate.
Demo account: Users can practice trading using a demo account before investing real money.

Immediate Connect Trading Platform

The Immediate Connect trading platform is easy to use, with a simple and intuitive interface. To start trading, users need to first create an account and deposit funds. The platform supports multiple payment methods, including credit/debit cards, bank transfers, and e-wallets.

How to use the Immediate Connect Trading Platform

To use the Immediate Connect trading platform, follow these steps:

Create an account: Visit the Immediate Connect website and complete the registration process.
Deposit funds: After creating an account, deposit funds using your preferred payment method.
Start trading: Once you have deposited funds, you can start trading on the platform. Choose between CFDs or real cryptocurrencies, select your preferred trading settings, and place your trades.

Advantages of using the Immediate Connect Trading Platform

The advantages of using the Immediate Connect trading platform include:

Efficient trading: The platform uses advanced algorithms to provide users with trading signals, making trading more efficient.
Multiple payment options: Immediate Connect supports multiple payment methods, making it easy for users to deposit and withdraw funds.
Demo account: The platform offers a demo account, allowing users to practice trading before investing real money.

CFDs Trading

CFDs trading allows users to speculate on the price movements of an underlying asset without actually owning the asset. CFDs are a popular way to trade on the financial markets, as they offer several advantages.

Advantages of CFDs Trading

The advantages of CFDs trading include:

Leverage: CFDs trading allows users to trade with leverage, meaning they can trade with more money than they actually have.
Diversification: CFDs trading allows users to diversify their portfolio by trading multiple assets.
Hedging: CFDs trading allows users to hedge their positions, reducing the risk of losses.

Risks of CFDs Trading

The risks of CFDs trading include:

High leverage: Trading with high leverage increases the risk of losses.
Volatility: CFDs trading is subject to market volatility, making it a high-risk activity.
No ownership: CFDs trading does not provide users with ownership of the underlying asset.

How to trade CFDs on Immediate Connect

To trade CFDs on Immediate Connect, follow these steps:

Choose your asset: Select the asset you want to trade.
Select your trading settings: Choose your preferred trading settings, such as stop loss and take profit.
Place your trade: Once you have chosen your asset and trading settings, place your trade.

Real Cryptos Trading

Real cryptocurrency trading allows users to buy and sell digital currencies, such as Bitcoin, Ethereum, and Litecoin.

Advantages of Real Cryptos Trading

The advantages of real cryptocurrency trading include:

Decentralization: Cryptocurrencies are decentralized, meaning they are not controlled by any central authority.
Privacy: Cryptocurrency transactions are anonymous, allowing users to maintain their privacy.
Potential for high returns: Cryptocurrencies are known for their high volatility, providing users with the potential for high returns.

Risks of Real Cryptos Trading

The risks of real cryptocurrency trading include:

Volatility: Cryptocurrencies are highly volatile, making them a high-risk investment.
Lack of regulation: Cryptocurrencies are not regulated by any central authority, making them susceptible to fraud and scams.
Security risks: Cryptocurrencies are stored in digital wallets, which are vulnerable to hacking and cyber attacks.

How to trade Real Cryptos on Immediate Connect

To trade real cryptocurrencies on Immediate Connect, follow these steps:

Choose your cryptocurrency: Select the cryptocurrency you want to trade.
Select your trading settings: Choose your preferred trading settings, such as stop loss and take profit.
Place your trade: Once you have chosen your cryptocurrency and trading settings, place your trade.

Immediate Connect Scam?

Trading scams are common in the financial industry, and it is important to be cautious when choosing a trading platform. In the case of Immediate Connect, the platform appears to be legitimate, with no evidence of fraudulent activity. However, users should always exercise caution and do their own research before investing their money.

Common scams in trading platforms

Common scams in trading platforms include:

Ponzi schemes: Where investors are promised high returns, but the returns are paid using the funds of new investors.
Fake exchanges: Where scammers create fake cryptocurrency exchanges to steal investors' funds.
Phishing scams: Where scammers send emails or messages pretending to be from a legitimate trading platform, in an attempt to steal users' personal information.

Is Immediate Connect a scam?

Based on our review, there is no evidence to suggest that Immediate Connect is a scam. The platform appears to be legitimate, with no reports of fraudulent activity.

How to avoid trading scams

To avoid falling victim to trading scams, follow these tips:

Do your own research: Always research a trading platform before investing your money.
Check for regulation: Choose a trading platform that is regulated by a reputable financial authority.
Beware of promises of high returns: Be cautious of platforms that promise high returns with little risk.
Don't share personal information: Never share your personal information with anyone claiming to be from a trading platform.

Immediate Connect Regulation

Regulation is an important aspect of trading platforms, as it provides users with protection and ensures that the platform operates in a fair and transparent manner.

The importance of regulation in trading platforms

The importance of regulation in trading platforms includes:

Ensuring fair trading: Regulation ensures that trading platforms operate in a fair and transparent manner.
Protecting investors: Regulation provides investors with protection against fraudulent activity.
Reducing risk: Regulation reduces the risk of market manipulation and other forms of illegal activity.

Immediate Connect's regulation status

Immediate Connect is licensed and regulated by the Estonian Financial Intelligence Unit (FIU). While Estonia is not a well-known financial authority, it is still a reputable regulatory body that provides oversight to financial institutions in the country.

How to verify a trading platform's regulation

To verify a trading platform's regulation, check the platform's website for information on its regulatory status. You can also check with the relevant financial authority to confirm the platform's registration and licensing.

Immediate Connect Fees

Immediate Connect charges several fees to its users, including:

Trading fees: Immediate Connect charges a fee for each trade made on the platform.
Deposit and withdrawal fees: Immediate Connect charges fees for deposits and withdrawals made on the platform.
Overnight fees: Immediate Connect charges a fee for positions held overnight.

Overview of Immediate Connect's fees

Immediate Connect's fees are competitive, with trading fees starting at 0.1%. Deposit and withdrawal fees vary depending on the payment method used, while overnight fees are charged based on the size of the position held.

How to calculate Immediate Connect's fees

To calculate Immediate Connect's fees, check the platform's fee schedule or use the trading calculator on the platform. The trading calculator allows users to enter the size of their position and the trading fees will be calculated automatically.

Immediate Connect Customer Support

Customer support is an important aspect of any trading platform, as it provides users with assistance and support when needed.

Importance of customer support in trading platforms

The importance of customer support in trading platforms includes:

Providing assistance: Customer support provides users with assistance when they encounter any issues on the platform.
Resolving disputes: Customer support can help resolve disputes between users and the platform.
Enhancing user experience: Good customer support enhances the overall user experience on the platform.

Types of customer support on Immediate Connect

Immediate Connect offers several types of customer support, including:

Live chat: Users can chat with customer support agents in real-time.
Email support: Users can send an email to customer support and expect a response within 24 hours.
Phone support: Immediate Connect also offers phone support for users who prefer to speak with a customer support agent.

How to contact Immediate Connect's customer support

To contact Immediate Connect's customer support, users can use the live chat function on the platform, send an email to support@immediateconnect.io or call the support team on +372 614