Immediate Connect Review: Is This Online Broker Legit or a Scam?
Immediate Connect Review – Is it Scam? – Online Broker
Introduction
Immediate Connect is an online trading platform that allows traders to trade various assets, including cryptocurrencies, stocks, forex, and commodities. In this review, we will look at the features and services offered by Immediate Connect, its reputation, and whether it's a trustworthy platform for trading.
Background Information
Immediate Connect was established in 2019 and is owned by a company called Immediate Connect Limited, registered in Saint Vincent and the Grenadines. The company's website claims that it has over 100,000 clients worldwide and offers trading services across different markets. The platform is regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.
Immediate Connect Features and Services
Immediate Connect offers several features and services, including:
Trading platforms and tools
Immediate Connect provides a web-based trading platform that comes with various trading tools and features, including real-time market data, charting tools, and technical analysis indicators. The platform is accessible via desktop and mobile devices.
Account types and minimum deposits
Immediate Connect offers three account types, including Standard, Gold, and Platinum accounts. The minimum deposit required to open an account is $250, $10,000, and $50,000, respectively.
Tradable assets
Immediate Connect allows traders to trade various assets, including cryptocurrencies, stocks, forex, and commodities. The platform offers over 200 tradable assets across different markets.
Customer support and education resources
Immediate Connect provides customer support via email, phone, and live chat. The platform also offers educational resources, including trading guides, video tutorials, and webinars.
Immediate Connect Fees and Charges
Immediate Connect charges various fees and commissions, including:
Commission and spreads
Immediate Connect charges commissions on some trades, and the spreads vary depending on the asset being traded.
Withdrawal and deposit fees
Immediate Connect charges withdrawal and deposit fees, which vary depending on the payment method used.
Inactivity fees
Immediate Connect charges an inactivity fee of $50 per month if there is no trading activity for 60 days.
Other charges
Immediate Connect may charge other fees, such as overnight financing fees, swap fees, and rollover fees.
Security and Safety Measures
Immediate Connect takes security and safety measures seriously, including:
Encryption and data protection
Immediate Connect uses SSL encryption to protect users' data and prevent unauthorized access to the platform.
Account security measures
Immediate Connect implements various security measures, including two-factor authentication and password protection, to secure users' accounts.
Anti-fraud measures
Immediate Connect has an anti-fraud team that monitors the platform for any suspicious activity and takes action to prevent fraud.
Insurance protection
Immediate Connect is insured against any cybersecurity incidents, which provides users with some protection in case of any losses due to hacking or other security breaches.
Immediate Connect Trading Experience
Immediate Connect offers a user-friendly interface that is easy to navigate. The platform also provides fast and reliable execution, and traders can access various market analysis and research tools. Immediate Connect supports various trading strategies and techniques, including automated trading.
Immediate Connect Customer Reviews and Reputation
Immediate Connect has mixed customer reviews, with some users praising the platform's ease of use and customer support, while others have reported issues with withdrawals and poor trading experiences. The platform has a rating of 3.6 on Trustpilot, with some users reporting positive experiences, while others have reported negative experiences.
Immediate Connect Scam Allegations and Controversies
There have been no reported scams or frauds associated with Immediate Connect. However, the platform has faced regulatory actions, including warnings from the Financial Conduct Authority (FCA) in the UK, cautioning traders against using the platform.
Pros and Cons of Immediate Connect
Benefits and advantages of using Immediate Connect
- User-friendly interface
- Multiple trading assets
- Fast and reliable execution
- Educational resources available
- Efficient customer support
Potential drawbacks and limitations of the platform
- High minimum deposit requirements for higher-tier accounts
- Mixed customer reviews
- Regulatory concerns
Conclusion
Immediate Connect is an online trading platform that offers various trading assets and services. While the platform has some pros, such as fast and reliable execution and educational resources, it also has some cons, including high minimum deposit requirements and mixed customer reviews. While there are no reported scams or frauds associated with Immediate Connect, traders should exercise caution and conduct due diligence before using the platform.
Semantically Similar FAQS
Is Immediate Connect a reputable broker?
Immediate Connect is a registered online trading platform that is regulated by the Financial Services Authority in Saint Vincent and the Grenadines. While the platform has mixed customer reviews and has faced regulatory actions, there have been no reported scams or frauds associated with Immediate Connect.
What kind of assets can I trade on Immediate Connect?
Immediate Connect allows traders to trade various assets, including cryptocurrencies, stocks, forex, and commodities. The platform offers over 200 tradable assets across different markets.
Does Immediate Connect offer demo accounts?
Yes, Immediate Connect offers demo accounts that allow traders to practice trading without risking real money.
What are the fees and charges on Immediate Connect?
Immediate Connect charges various fees and commissions, including commissions on some trades, spreads, withdrawal and deposit fees, inactivity fees, and other charges such as overnight financing fees, swap fees, and rollover fees.
How do I deposit and withdraw funds on Immediate Connect?
Immediate Connect allows traders to deposit and withdraw funds using various payment methods, including credit/debit cards, bank transfers, and e-wallets. The fees and processing times vary depending on the payment method used.
What are the security measures on Immediate Connect?
Immediate Connect takes security measures seriously, including SSL encryption, two-factor authentication, password protection, anti-fraud measures, and insurance protection.
What is the minimum deposit on Immediate Connect?
The minimum deposit required to open an Immediate Connect account varies depending on the account type, with the Standard account requiring a minimum deposit of $250 and the Platinum account requiring a minimum deposit of $50,000.
Can I use Immediate Connect on mobile devices?
Yes, Immediate Connect offers a web-based trading platform that is accessible via desktop and mobile devices.
What is the customer support on Immediate Connect?
Immediate Connect provides customer support via email, phone, and live chat. The platform also offers educational resources, including trading guides, video tutorials, and webinars.
Is Immediate Connect regulated by any authorities?
Immediate Connect is regulated by the Financial Services Authority in Saint Vincent and the Grenadines. However, the platform has faced regulatory actions, including warnings from the Financial Conduct Authority in the UK, cautioning traders against using the platform.