Immediate Edge is a trading system for crypto CFDs that promises fast and accurate trading. The company claims to employ fast trading methods wherein it can take positions in a few milliseconds. This automated system for crypto trading was founded in 2015 and claims to make easy and lucrative BTC CFDs trading. The company claims to have operations in more than 164 countries worldwide. We could not find vendor info such as their location, phone contact, etc. Customer support options are also limited to an online contact form.
Immediate Edge Overview
As a crypto trading platform, this company claims to provide the following features for its customers:
- Fast and accurate trading of crypto CFDs
- Use of high-level encryption for secure trading
- Quick withdrawals through verified payment methods
As per the vendor, the system uses a reputed artificial intelligence trading system for cryptocurrencies. The trading algorithm of this platform is capable of reading big data sets as per the website info. A fully automated software takes care of the research needed and the execution of the trades.
The company allows ten withdrawals free for a client after which it charges a 1% fee. It is possible to withdraw a maximum of $20,000 in a transaction. According to the vendor, the trades are placed on the market events 0.001 seconds before the market can assimilate the news and make changes.
You need not pay registration fees for using the service. The steps for using the service include:
- Sign up for the free account and create login credentials.
- Fund the account through a matched broker by depositing a minimum of $250.
You can use the demo version and trade with virtual money. A trading guide is also present for helping with the live trading. The platform claims to operate via regulated brokers that handle all the transactions.
According to the vendor info, this service is available in countries that allow CFD retail trading. Other claims of the platform include receiving more than 100,000 new registrations of which more than 90% are active. The company promises that it can generate a regular return of a maximum of $800 with an initial investment of $250.
The Idea Behind Immediate Edge
This platform claims to be lucrative by taking advantage of the slightest movements in price. Strategies like scalping are part of the trading approach used by the vendor. As per the info on the official site, the trading is very fast and the platform can place 15 traders in a minute.
The service is capable of placing leverage of a maximum of 5000:1. According to the vendor, such high leverage magnifies profits even from the smallest price movements. We feel that while the probability of profits is high, the risk of ruin is equally high.
The vendor does not provide info about the developer or team members behind this trading platform. There are no details on the experience and other related information. We find the lack of info suspicious and an indicator of the unreliability of this platform.
Safety of Immediate Edge and the Network
The vendor info states that the company uses top-level encryption to prevent data leaks and is fully aware of the data privacy regulations like the EU GDPR (General Data Protection Regulation). There is mention of RSA encryption for the safety of client data.
We found reviews for this crypto trading platform on the Trustpilot site. There are 22 reviews with a rating of 2.8/5. Nearly 50% of the reviews are negative which indicates the company is not trustworthy. Here are a few of the testimonials:
From the above feedback, it is clear that this is a scam company and the positive reviews posted are fake. More than one user points to the fact that registering with the company led them to lose their investment.
Is Immediate Edge a Legit Investment Service?
From our analysis of the features and user testimonials, we find that this is a scam platform.
Our VerdictOur Verdict
- Use of various trading approaches including scalping
- Automated platform
- No proven track record
- Negative user reviews
- No vendor transparency