Immediate Connect Review – Is it Scam? – Online Broker
Introduction
Immediate Connect is an online broker that provides traders with access to a wide range of financial markets, including forex, stocks, commodities, and cryptocurrencies. Choosing a reliable online broker is crucial for successful trading, as the wrong choice can result in losses and even scams. In this article, we will review Immediate Connect and evaluate its services, user experience, security measures, trading strategies, advantages, disadvantages, and whether it is a scam or not.
Company Background
Immediate Connect was founded in 2016 and is headquartered in Cyprus. The company is owned and operated by Alpha Capital Technology LTD, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 131/11. Immediate Connect also complies with the Markets in Financial Instruments Directive (MiFID), which ensures transparency, investor protection, and fair competition in the financial markets.
Services Offered
Immediate Connect offers its clients multiple trading platforms, including MetaTrader 4, MetaTrader 5, and WebTrader. These platforms provide traders with advanced tools and features, such as real-time quotes, charting and analysis tools, customizable indicators, and automated trading. Immediate Connect also offers various account types, such as Standard, Gold, Platinum, and VIP, with different features and benefits, such as spreads, leverage, and account managers.
Immediate Connect provides access to a wide range of assets, including over 200 currency pairs, stocks from major global markets, commodities such as gold, silver, and oil, and cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The fees and commissions charged by Immediate Connect are competitive, with spreads starting from 0.6 pips and commissions from $6 per lot.
User Experience
Immediate Connect's trading platforms are user-friendly and easy to navigate, even for novice traders. The platforms are available in multiple languages and can be accessed from desktop, mobile, or tablet devices. Immediate Connect's customer service is available 24/5 and can be reached via live chat, email, or phone. Immediate Connect also provides educational resources, such as webinars, tutorials, and eBooks, to help traders improve their skills and knowledge.
Immediate Connect has received positive reviews and ratings from its clients, with most of them praising its reliability, transparency, and customer service. However, some clients have criticized the limited research tools and the lack of social trading and a demo account.
Security Measures
Immediate Connect takes the security of its clients' personal and financial data seriously and uses state-of-the-art encryption and protection technologies to prevent unauthorized access, hacking, and identity theft. Immediate Connect also follows strict regulatory requirements and compliance procedures, such as the Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, to ensure the safety and integrity of its operations and clients' funds. Immediate Connect also segregates clients' funds from its own funds and uses reputable banks and payment providers for deposits and withdrawals.
Trading Strategies
Immediate Connect provides its clients with access to various trading strategies, such as technical analysis, fundamental analysis, risk management, and trading signals. Immediate Connect's platforms offer advanced charting and analysis tools, such as indicators, oscillators, and Fibonacci retracements, to help traders identify trends, patterns, and entry and exit points. Immediate Connect also provides economic calendars, news feeds, and market analysis to help traders stay up-to-date with the latest developments and events in the financial markets.
Advantages of Immediate Connect
Immediate Connect offers several advantages to its clients, such as competitive fees and commissions, a wide range of assets, user-friendly trading platforms, and educational resources. Immediate Connect's platforms are available in multiple languages and offer advanced tools and features, such as real-time quotes, charting and analysis tools, and automated trading. Immediate Connect's educational resources are also comprehensive and cover various topics, such as trading strategies, risk management, and market analysis.
Disadvantages of Immediate Connect
Immediate Connect has some disadvantages that may affect its clients' trading experience, such as limited research tools, no social trading, and no demo account. Immediate Connect's research tools are not as comprehensive as those of other brokers, and it does not offer social trading, which allows traders to follow and copy the trades of successful traders. Immediate Connect also does not provide a demo account, which can be useful for traders to practice and test their strategies without risking real money.
Is Immediate Connect a Scam?
Scam brokers are online brokers that engage in fraudulent activities, such as stealing clients' funds, manipulating prices, and providing false information. Red flags to watch out for include unregulated brokers, unrealistic promises, high-pressure sales tactics, and negative reviews and ratings.
After our analysis of Immediate Connect, we can confirm that it is not a scam broker. Immediate Connect is regulated by CySEC and complies with MiFID, which ensures transparency, investor protection, and fair competition in the financial markets. Immediate Connect has received positive reviews and ratings from its clients, and there is no evidence of fraudulent activities or negative practices.
Conclusion
In conclusion, Immediate Connect is a reliable and trustworthy online broker that provides its clients with access to a wide range of financial markets, advanced trading platforms, and educational resources. Immediate Connect's platforms are user-friendly and offer advanced tools and features, such as real-time quotes, charting and analysis tools, and automated trading. Immediate Connect's fees and commissions are competitive, and its client support is available 24/5. However, Immediate Connect has some disadvantages, such as limited research tools, no social trading, and no demo account. Therefore, we recommend Immediate Connect for traders who value reliability, transparency, and user-friendliness.
FAQs
- What is the minimum deposit required to open an account with Immediate Connect?
The minimum deposit required to open an account with Immediate Connect depends on the account type. The Standard account requires a minimum deposit of $250, while the Gold, Platinum, and VIP accounts require higher deposits.
- Does Immediate Connect provide a demo account for users to practice trading?
No, Immediate Connect does not provide a demo account. However, traders can use the platform's educational resources and free webinars to improve their skills and knowledge.
- Is it safe to trade with Immediate Connect?
Yes, it is safe to trade with Immediate Connect. Immediate Connect is regulated by CySEC and complies with MiFID, which ensures transparency, investor protection, and fair competition in the financial markets. Immediate Connect also uses state-of-the-art encryption and protection technologies to prevent unauthorized access, hacking, and identity theft.
- What types of trading platforms does Immediate Connect offer?
Immediate Connect offers multiple trading platforms, including MetaTrader 4, MetaTrader 5, and WebTrader. These platforms provide traders with advanced tools and features, such as real-time quotes, charting and analysis tools, customizable indicators, and automated trading.
- How long does it take to withdraw funds from my Immediate Connect account?
Withdrawal requests are processed within 24 hours, and the funds are usually credited within 3-5 business days, depending on the payment method and the bank's processing time.
- Can I trade cryptocurrencies with Immediate Connect?
Yes, Immediate Connect provides access to a wide range of cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin.
- Does Immediate Connect offer any bonuses or promotions for new users?
Yes, Immediate Connect offers various bonuses and promotions for new users, such as deposit bonuses, cashback programs, and trading competitions. However, these promotions are subject to terms and conditions and may have restrictions and limitations.
- What are the fees and commissions charged by Immediate Connect?
Immediate Connect's fees and commissions are competitive and depend on the account type and the asset traded. Spreads start from 0.6 pips, and commissions start from $6 per lot.
- What licenses and regulations does Immediate Connect comply with?
Immediate Connect is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 131/11 and complies with the Markets in Financial Instruments Directive (MiFID).
- How can I contact Immediate Connect's customer service?
Immediate Connect's customer service is available 24/5 and can be reached via live chat, email, or phone. The contact details are available on the website.