www.banklesstimes.com
HomeRobotsImmediate Profit

An Honest Immediate Profit Review in 2022

Immediate Profit is one of many automated trading bots that allow users to perform digital trades on cryptocurrency assets. The bot uses APIs, trading signals, and algorithms to execute trades based on your chosen criteria. We’ll be looking at Immediate Profit’s advantages, disadvantages, features, and more. Read on for more information and decide if this platform is worth your money.

Khashayar AbbasiKhashayar Abbasi
Last updated 19th Jan 2022
Visit site & Sign up

Immediate Profit is an auto trading service that allows CFD, crypto, and fiat pair trading using AI tech, algorithms, and market analysis. The platform uses mathematical and statistical trading signals and APIs to trade with partnered brokers.

Users can make trades with deposited fiat currencies. In addition, the platform used to have misleading reviews and information on the homepage, but the service has improved in recent times.

The robot lets you set trading parameters to implement your own trading strategy. Users can also try fully automated trading. The robot scans crypto markets and executes trades automatically to help users make potential profits.

Pros And Cons Of Using Immediate Profit

Pros

Quick and straightforward account registration
Easy-to-use interface
Demo trading features available
A multitude of assets, fiat pairs, and CFDs
Various tools and charting

Cons

Some unsubstantiated claims
Previously misleading profit promises
Only available in certain countries

Immediate Profit Markets, Assets, And Options

What Assets And Products Can You Trade Using Immediate Profit?

Immediate Profit supports a few popular cryptocurrencies and certain other assets, fiat pairs, and CFDs. Some cryptocurrencies you can trade include:

What Leverage Trading Options Are There?

Immediate Profit partners with brokers offering margin trades on CFD assets. CFD trading involves trading contracts on the price of an asset without owning the asset itself.

The platform does not confirm any leverage figures. However, we found some reviews that suggested trading with leverage more than 1000x your initial deposit.

Keep in mind that leveraged trading can be risky. The cryptocurrency market is highly volatile, and spikes in the wrong direction can wipe out profits. As such, make sure you do plenty of research and only trade what you can afford. We advise only experienced traders to try leveraged trading.

What Are The Spreads?

We could not find any information regarding spreads on Immediate Profit. However, different brokers will offer their own spreads. These figures will change as market valuations fluctuate.

Fees, Limits, And Payment Options On Immediate Profit

How Much Does Immediate Profit Cost?

Immediate Profit offers free account registration and zero subscription costs. However, users must pay a $250 minimum deposit to their broker to make their first trades. You must pay this deposit before accessing the service.

What Are The Payment Methods Accepted By Immediate Profit?

Users can use numerous payment methods to deposit funds for trading CFDs and other assets. These include:

  • Credit or debit cards

  • Visa

  • Mastercard

  • PayPal

  • Wire transfer

Immediate Profit does not charge for deposits or withdrawals, though you may incur some fees from your bank. Withdrawals may take a couple of days to reach your bank account.

Does Immediate Profit Also Charge Fees And Commissions?

Immediate Profit charges a small commission on any profits you make through trades. However, users do not pay any commissions until they make money.

Immediate Profit Trade Sizes And Limits

Immediate Profit does not have any trade sizes or limitations. Brokers determine the minimum and maximum trade limits. Users can check these limits with their broker.

However, minimum deposits on Immediate Profit are $250.

Immediate Profit Platform

How Does Immediate Profit Work?

Like other automated trading services, Immediate Profit makes intuitive trades with partnered brokers according to user-set parameters. Users choose their leverage limits and other factors that fit with their trading strategy, or the platform makes automatic trades based on market analysis to potentially make a profit.

What Devices Can I Use Immediate Profit On?

Users can log in to Immediate Profit on any device with access to a web browser like Chrome or Safari. You may experience some issues with site functionality on mobile devices. Immediate Profit does not have a downloadable mobile app. However, you can use this automated trading bot on these devices:

  • Laptops

  • Desktop computer

  • Android devices

  • iOS devices

  • Tablets

What Exchanges And Brokers Does Immediate Profit Partner With?

Immediate Profit partners with many regulated brokers who offer CFD trading. However, there is no information on which brokers are partnered with Immediate Profit. You can check reviews for partnered brokers once you are paired with them.

Can I Use Immediate Profit In My Country?

Users can access Immediate Profit in any country where CFD trading is legal. Some of these locations include:

  • The UK

  • Italy

  • Germany

  • Spain

However, you cannot use Immediate Profit in the US, where CFD is illegal. In addition, you cannot use Immediate Profit in countries where cryptocurrencies are prohibited, such as China and a few other places around the world.

Is Immediate Profit Available In My Language?

Immediate Profit is available in four languages:

  • English

  • German

  • Italian

  • Spanish

Select your preferred language from a dropdown menu on the homepage.

How Easy Is It To Use Immediate Profit?

Immediate Profit is well laid-out and easy to use. The interface is simple yet intuitive. Users can trade various assets, CFDs, and fiat pairs without much prior knowledge; simply adjust parameters and criteria to gain more control over Immediate Profit’s automated trades.

The site also has numerous charts to help users make trades. However, Immediate Profit automatically analyses these charts and values to make the client’s best-suited trades.

Keep in mind that automated trading bots are risky and unreliable. Users should stay cautious and only trade amounts they can easily afford when using these services; the crypto market is volatile and difficult to predict.

Key Features

Immediate Profit has many key features designed to enhance the user experience and help clients make profits. Customer support functions, trading parameters, and demo accounts make Immediate Profit attractive to users looking to make profits. Some key features include:

User-friendly Interface

Immediate Profit features a streamlined interface beneficial for experienced and inexperienced traders. Users can view CFD contracts, execute trades, and choose their trading parameters with minimal issues.

Comprehensive Market Analysis

Immediate Profit’s AI analyses the market and uses algorithms to make trades for clients, whether they have set parameters or trust the bot to make a profit. This robot uses current data and market fluctuations to make educated trades.

If you want greater control over Immediate Profit, set specific parameters to suit your trading strategy.

Demo Trading

Immediate Profit also has a demo account that clients can use before making real trades with deposited funds. If users want to practice trading, learn the website’s functions, and figure out a trading strategy, they can use the demo to avoid risking their money.

Security And Regulation

Is Immediate Profit Legit?

Immediate Profit is a legitimate website. However, reports show that the website featured false claims and unsubstantiated testimonials regarding user success.

However, as of 2022, Immediate Profit has taken down any false claims from its website. That being said, we found numerous online reviews declaring Immediate Profit as a reliable platform if you want to make a profit, which is completely untrue.

Trading CFDs can be very risky if you are an inexperienced trader. If you want to use an auto trading service, set parameters that match your trading strategy and make sure you only trade what you can afford. Also, do plenty of research before enabling live trading.

Is Immediate Profit Safe?

Immediate Profit has several security features such as account verification to ensure the website only attracts legitimate users and limits illicit activity. The platform also encrypts sensitive information.

In addition, Immediate Profit’s regulated brokers must follow certain laws and regulations set by governing organizations within their jurisdiction. This makes your funds more secure. We could not confirm how many Immediate Profiter partnered brokers are regulated.

The platform also complies with many data security regulations, like Europe’s General Data Protection Law.

Am I And My Money Protected?

Your funds are transferred to a wallet on your paired broker when using any trading bot. As such, Immediate Profit does not hold or protect any funds. If you have any questions regarding financial safety, contact your broker directly.

Is Immediate Profit Regulated?

Yes. Immediate Profit is regulated by two governing bodies in Australia and the UK, which set specific rules the platform must follow. These organizations are:

  • Australia’s Securities and Investment Commission (ASIC)

  • The UK’s Financial Conduct Authority (FCA)

Do I Have To Verify My Account With Immediate Profit?

Yes. Users must verify their email address and phone number when they complete the Immediate Profit sign-up form. They can practice trading on the demo account before enabling live trading.

However, if users want to make real trades, they will need to complete a KYC process with their partnered broker. Users will need proof of their identity and address (plus financial information) to deposit and trade real money.

Extra Information

Educational Resources

Immediate Profit does not have many educational resources, blogs, or news articles regarding crypto trading. The platform has some basic information about cryptocurrency and crypto software on the homepage. Immediate Profit also has a brief FAQ and customer support option if you have any queries.

Tools And Charting

Immediate Profit has many charts and real-time crypto valuations to help clients set trading parameters. The platform also has CFD instruments for leveraged trading. Also, the bot uses AI, APIs, and intuitive market analysis to execute automatic trades.

Customer Support

Immediate Profit does have a customer support service. However, some users have mentioned it is difficult to speak to an advisor once you have made a deposit. Immediate Profit has a contact number and email address. Non-users can also access a contact form on the website.

How To Get Started With Immediate Profit

If you want to register with Immediate Profit, follow the steps below:

  1. Create An Immediate Profit Account: Firstly, go to the Immediate Profit website and complete the registration form on the homepage. Add your name, phone number, and email to get started.

  2. Speak To An Advisor: Once you have created an account on Immediate Profit, you’ll be passed to a broker representative to complete a KYC process and become a client on the broker as well. You will need to provide proof of address, identity and answer questions about your finances and crypto knowledge.

  3. Deposit Funds Into Your Wallet: Add the minimum deposit into your wallet once you have passed the KYC protocol. You need to pay $250 to make your first trade.

  4. Play Around With The Demo Account: If you are new to Immediate Profit, use the demo account to get familiar with auto-trading and develop your trading strategy.

  5. Execute Your First Trade: Once you are comfortable with Immediate Profit, you can make your first trade. Either enable live trading and let the bot make automated decisions or create trading parameters that suit your leverage limit and finances.

Final Thoughts On Immediate Profit

Immediate Profit lets users enjoy manual or automatic trading. However, fake reviews may make you wary about creating an Immediate Profit account.

In addition, the platform used to have unsubstantiated claims and testimonials on the website. While the platform has done well to remove those claims from the homepage, we recommend caution when using this site.

Like other automated bots, Immediate Profit will not make a substantial profit for clients overnight. Users are more likely to lose money than gain it, particularly if they do not set their parameters or have much experience trading CFDs.

If you intend to trade with leverage, use the demo account first. In addition, clients should research and keep up to date with crypto news and expert analysis (Immediate Profit does not have many educational resources).

Above all else, clients should only trade what they can reasonably afford. CFD trading (particularly with leverage) is risky. Stay educated and cautious, and only use Immediate Profit to compliment your trading strategy.

Khashayar Abbasi

Khashayar Abbasi

Khashayar discovered Bitcoin back in 2014 and has since spent countless hours researching the different use cases of cryptocurrencies. He has a bachelor's degree in International Relations and has been a writer in the financial services industry for nearly half a decade. In his spare time, Khashayar enjoys photography, cycling, and ice skating.