Heard of Immediateconnect.ai trading platform? Really want to find more details before choosing this broker? You can carefully read Immediate Connect reviews to know about this forex broker whether to use or not.
This article promises to share helpful review to support clients/traders in making the right decision. Kindly read to the end and make your verdict.
What is Immediate Connect?
Immediate Connect otherwise known as Immediateconnect.ai is an offshore brokerage with a lot of promises for forex traders. The forex company claims to offer crypto investment services to their clients.
Additionally, the brokerage promises different instruments like forex, stocks, commodities, crypto, bonds and indices.
Immediate Connect Regulation
First of, Immediate Connect has not revealed any contact information about itself or its alleged registration address. The absence of any credible data about this company’s identity is quite worrisome to be honest, as we don’t actually know who stays behind it.
It claims of being a UK based broker is false and lacks a valid forex license issued by the Financial Conduct Authority (FCA). So, to clear the suspicion, the company is not an authorized entity according to the Financial Conduct Authority (FCA), the regulatory body in the United Kingdom.
It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.
Immediate Connect Minimum Deposit
As for deposit, we were unable to find information about its account types and minimum deposit requirements. In contrast, licensed FX brokers clearly spell out their regulations and license credibility with no string of fraud, and clients can start trading as low as $100 with the assurance of their trading funds.
Immediate Connect Withdrawal
Immediate Connect asserts that it does not impose deposit or withdrawal fees and pledges to process withdrawals in 30 minutes or less.
Immediate Connect Platform
Immediate Connect offers web trading software. Such platform comes with some basic tools and custom indicators but nothing more advanced.
Why use forex brokers with advanced trader like MT4/MT5? You are certain to have the best features of real-time quotes, financial news and various FX and stock charts, as well as algorithmic trading sessions with the help of specially designed trading bots, called Expert Advisors.
Honestly, we say don’t consider doing that with an illegitimate forex broker like this one because you stand the chance of losing your money.
Immediate Connect Payment Methods
Immediate Connect accepts payment via Credit/Debit cards, PayPal and Wire transfers.
So you know, offshore brokers are commonly known for accepting crypto currencies. For this purpose, payments made through this method are anonymous and can only be traced to a wallet address and not to a specific person. So beware!
Argument Against Immediate Connect Licensing and Regulation
Like in any corporation, integrity is a key to uphold these days. It doesn’t matter if you make a lot of money but you can’t take it out. That is to say, exactly what is happening with non-licensed companies.
Having said that, it is not far from believing that Immediateconnect.ai is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.
COMPARE WITH A TRUSTED BROKER
Fortrade
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
Verdict:
Immediate Connect disguises like a trustworthy trading broker, however, you should not take the words they say and the attractive website layout. Over all, we would advise traders to steer clear from unlicensed brokers as they likely a platform run by scammers. Thus, we urge our readers to rely on regulated brokers like this or any licensed entity.
Please share with us your experience in the comment section below. Thank you!
Heard of Fx-harvest, Bell capitals limited, Investingor, Forextimeprime brokers? Read Details
Greetings! This is my 1st comment here so I just wanted to give a quick shout out
and say I really enjoy reading through your posts.
Can you suggest any other blogs/websites/forums that deal with the same topics?
Appreciate it!