Immediate Edge Review 2023 – Scam or Legit?
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content
Immediate Edge markets itself as an online trading platform for cryptocurrencies, forex, and other assets. According to the website, this platform can be used by beginners and experts alike to improve the trading experience and generate more profit from the market.
Immediate Edge is somewhat vague about exactly what its platform offers. So, is this trading platform legit? In our Immediate Edge review, we’ll take a closer look at this service’s claims and help traders decide if it’s right for them.
Immediate Edge Summary
Let’s start off our Immediate Edge review with some of the key claims that this platform makes on its website.
Minimum Deposit | $250 |
Claimed Success Rate | Not specified |
Supported Cryptocurrencies | Not specified |
Mobile App? | No |
Withdrawal or Deposit Fees | None |
Customer Service | |
Accepts Fiat Currencies? | USD, GBP, EUR |
Withdrawal Period | 24 Hours |
Supports Automated Trading? | Yes |
Offers Leverage? | Not specified |
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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Immediate Edge?
Immediate Edge advertises a trading platform that can smooth out the experience of trading in volatile markets. The platform’s website says that Immediate Edge can help beginner traders make better decisions. It also says that it can help expert traders save time when trading.
The website doesn’t provide much detail about the tools this trading platform offers. It doesn’t mention any technical charting features that traders can use. It’s also not clear whether Immediate Edge is an algorithmic trading platform.
In addition, Immediate Edge says that its platform is completely free to use. Traders don’t have to pay any account fees or commissions when using the platform. All money they make while trading with Immediate Edge is theirs to keep.
Immediate Edge Pros & Cons
Pros:
- Supports crypto, forex, commodities, and bond trading
- Can be used by beginner and expert traders
- No account fees or commissions
- Web interface is available on mobile
Cons:
- Little information about tools available
- Requires a $250 minimum deposit
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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How Does Immediate Edge Work?
The Immediate Edge website provides very little information about how this trading platform works. It only advertises that the platform enables traders to monitor the market and make better trading decisions.
The site also states that expert traders can save time while trading. This suggests that Immediate Edge offers research tools to help users find trading opportunities or offers an automated crypto trading bot.
Users can sign up for Immediate Edge for free. There is a $250 minimum deposit required to activate live trading. The website advertises a demo account that could be a good way to test out Immediate Edge and find out whether the platform suits a particular trader’s strategy and goals.
The Immediate Edge website markets that users can choose the assets they want to trade. This is true for many technical trading platforms, which allow users to monitor charts and watchlists for a variety of popular assets.
Immediate Edge Key Features
Immediate Edge claims to offer several key features that are worth highlighting. Note that we could not confirm these features as part of our review.
Multi-asset Trading
Immediate Edge claims that users can trade a variety of assets with its platform. These include cryptocurrencies, forex pairs, commodities, and bonds. Immediate Edge does not specify whether stock trading is supported.
Having the ability to trade multiple assets can be a significant benefit for traders. If one market is flat on a given day, another market might be experiencing more volatility that is suitable for trading.
Customizable Trading Parameters
Immediate Edge advertises that traders have the ability to customize the platform’s trading parameters. This should enable traders to tweak Immediate Edge to fit the requirements of their specific trading strategy.
The website does not specify which parameters are available to be modified or how this affects trading.
Beginner-friendly
Immediate Edge says that its platform has been optimized for individuals who are new to trading. The website advertises that beginners can use Immediate Edge to learn the basics of trading and practice making successful trades in volatile markets.
Beginners should be cautious about using Immediate Edge. There is no guarantee that the platform will make money for any user, even if it offers best-in-class trading tools.
No Hidden Fees
Immediate Edge promises users that the platform has no hidden fees. There are no fees when users make a deposit or withdrawal and no commissions on trades. According to the website, traders get to keep 100% of the profits they earn from each trade.
Demo Account
Immediate Edge offers a free demo account that traders can use to evaluate the platform. This is an opportunity to see what features Immediate Edge can offer, how easy its trading platform is to use, and whether it helps users perform in the market.
Note that traders must make the required $250 minimum deposit before they can access the demo platform.
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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Immediate Edge Fees
Immediate Edge claims that this platform has no fees at all. According to the website, there are no account fees or sign-up costs. Traders won’t pay a commission per trade and Immediate Edge doesn’t take a cut of their profits. There are also no hidden fees such as deposit or withdrawal fees.
Here’s a breakdown of the fees that Immediate Edge charges:
Transaction Fees | None |
Trading Commissions | None |
Account Maintenance Fees | None |
Hidden charges | None |
Is Immediate Edge a Scam?
Immediate Edge advertises a trading platform that can help traders make better decisions and save time. While there is relatively little information about what features the Immediate Edge platform offers, the website’s claims are well within reason.
In effect, Immediate Edge claims to do what any good trading platform does: give traders the tools they need to be more profitable.
One thing that sets Immediate Edge apart is that it’s completely free to use. However, this is also true of some other popular trading platforms, particularly for cryptocurrency and forex trading. But users should only ever invest money they can afford to lose.
The Immediate Edge website does not offer testimonials from current users. Immediate Edge reviews online are generally positive, but they don’t provide much additional detail about what the trading platform can do.
If traders do give Immediate Edge a try, they should approach this platform with caution. Even with the best trading platform, traders can still lose money. Immediate Edge says that it offers a demo account and traders are encouraged to use this before turning to live trading.
Immediate Edge Minimum Deposit
Immediate Edge requires a minimum deposit of $250 to open an account. According to the website, this deposit can be withdrawn at any time with no fees. Immediate Edge accepts payments by credit card, debit card, and bank transfer.
Immediate Edge Customer Support
Immediate Edge offers an online message form on its website through which traders can get in touch even before opening an account. Other Immediate Edge reviews specify that the service offers 24/7 phone and email support for active traders. However, we could not confirm this claim.
How to Use Immediate Edge
Ready to give Immediate Edge a try? Here’s how to open an account and begin trading.
Step 1: Sign Up
Traders must sign up for an Immediate Edge account using the form at the top of the platform’s homepage. Traders are required to enter their name, email, and phone number. Immediate Edge will email traders a confirmation link, which they can click to complete the registration process.
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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Step 2: Deposit
Immediate Edge requires a $250 minimum deposit for all new trading accounts. Traders can make the deposit with a credit card, debit card, or bank transfer. According to the Immediate Edge website, there are no deposit or withdrawal fees.
Step 3: Demo Trading
Traders are encouraged to get started with Immediate Edge’s demo account. This should offer a safe way to learn how the platform works and try out its features without risking money on live trades.
Step 4: Live Trading
Once traders feel comfortable with Immediate Edge and are ready to start trading, they can activate live trading. All trades placed during live trading will use real money from a trader’s account. Immediate Edge says that traders get to keep 100% of their earnings.
Step 5: Withdraw Funds
Immediate Edge enables traders to request a withdrawal at any time. Withdrawals are fee-free, but the platform’s website does not specify how long it takes to process payouts.
How to Delete an Immediate Edge Account
The Immediate Edge site does not offer instructions for how to delete an account once it is opened. Traders may be able to get more information about account deletion by contacting the platform’s customer support team.
Is Immediate Edge Endorsed by Celebrities and Big Brands?
There are rumors circulating online that Immediate Edge has been endorsed by major celebrities and brands. These include Elon Musk, the founder of Tesla and SpaceX, and Jeff Bezos, the founder of Amazon.
Both of these founders have been bullish about cryptocurrencies, which may be why they’ve been associated with Immediate Edge. In particular, Musk has promoted the popular crypto token Dogecoin and at one point allowed customers to pay for Tesla vehicles with Bitcoin.
However, we found no evidence that Musk, Bezos, or any companies or celebrities are associated with Immediate Edge or other crypto trading bots such as Immediate Experience.
Latest Bitcoin News
To be successful in crypto investing or trading, it is imperative to keep abreast of the ever-changing space. Here are some of the top stories from the week beginning June 19, 2023:
- A crypto exchange targeting institutional rather than retail investors, EDX Markets, launched this week with backing from Schwab, Fidelity and Citadel.
- A McKinsey report has estimated that AI could add around $4.4 trillion to the global economy annually, although businesses will face challenges in adopting it.
- Crypto exchanges in Japan have urged the authorities to loosen regulations around margin trading activities to boost market growth and attract new customers.
The Verdict
Immediate Edge advertises a trading platform that beginners and experts alike can use. The platform is supposed to work for trading a wide range of assets including cryptocurrencies, commodities, forex, and bonds. In addition, Immediate Edge markets its trading platform as completely free to use.
We could not confirm many of the claims made on the Immediate Edge website. However, users can try out this service for themselves by signing up on the Immediate Edge site. It’s a good idea to be cautious when using Immediate Edge and to start out with the platform’s demo account.
Visit Immediate Edge
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Immediate Edge FAQs
Is Immediate Edge legit?
Immediate Edge claims to offer a trading platform for cryptocurrencies, commodities, forex, and bonds. The platform is advertised to be beginner-friendly and completely fee-free. However, there isn’t much information about what features the platform offers and users must make a $250 minimum deposit in order to access it.
Who owns Immediate Edge?
Immediate Edge was founded by Edwin James, a billionaire who made his fortune from cryptocurrency and forex trading.
Can anyone join Immediate Edge?
Immediate Edge is open to anyone except residents of the US. US residents may be able to join with a VPN. The Immediate Edge website claims that the platform works for both beginners and experienced traders.