Immediate Edge Review 2024 — Honest Review by a Trader

Short Description of Immediate Edge

What is Immediate Edge?

Immediate Edge is an automated cryptocurrency trading robot that scans global markets and price data, provides users with statistics for profitable trading, and executes trade instructions.

Its ability to quickly process large amounts of data, identify patterns, and execute trades in seconds gives users an edge in an increasingly automated market. Once set up, the trading bot will continuously search for profit opportunities and execute trades to capitalize on them.

The bot works with regulated third-party crypto brokers, typically as a web application integrated into popular MT4 terminals for executing trades and accessing client funds.

Who Created Immediate Edge?

Immediate Edge was created by a team of traders and developers from Wall Street with extensive experience in cryptocurrency and Forex markets.

The team monitors the market and updates the bot's algorithm to become more responsive to price changes. Since its inception, Immediate Edge has been integrated with an increasing number of crypto brokers to make it accessible to traders in supported countries.

How Does Immediate Edge Work?

Immediate Edge operates based on an artificial intelligence algorithm that detects patterns and trends in the cryptocurrency market by analyzing historical price data. When it identifies a recurring pattern in the market, it executes profitable trades.

The trading bot operates with parameters set in your trading strategy, such as entry levels, exit levels, and stop-loss. The software performs the above actions according to your trading strategy so that the bot trades according to your parameters at all times.

Trading strategies are set only once, after which the bot analyzes and then starts trading and securing profits. After making a profit, withdrawals are processed within 24 hours.

Immediate Edge works with regulated crypto brokers, sending them trading instructions. Thus, you can keep your funds with your broker and grant the bot access to them. Ultimately, your funds remain secure with brokers regulated by the Cyprus Securities and Exchange Commission (CySEC).

When you are ready to withdraw funds, fill out the withdrawal form and return your funds to your brokerage account. Profitable accounts are subject to a 2% commission.

According to third-party reviews, Immediate Edge is successful in 99% of cases.

Pros and Cons

Key Features of Immediate Edge

High Success Rate

Immediate Edge boasts one of the highest success rates – 99%. This means that 99% of all trades made by the bot are successful. While this is not statistically impossible, it is challenging to achieve.

However, several independent third-party reviews confirm this claim as the algorithm is continuously refined according to changing market conditions.

Beginner-Friendly Interface

Anyone from beginners to experienced traders can sign up for Immediate Edge, complete the KYC process, set up a trading strategy, and monitor trades. Beginners may not need to track trades as the bot is programmed to be self-sufficient after setting the initial directive (trading strategy).

Experienced traders can go further by setting up more complex strategies and exercising detailed control over their trading manually.

Customer Support

Our research shows that Immediate Edge has a customer service team available 24/7 to help users set up accounts, answer queries, or resolve any issues that may arise with the trading bot. They can be contacted via chat.

Global Reach

Immediate Edge offers global reach as it is available in over 150 countries, including hard-to-reach countries in Asia and Africa, thanks to partnerships with various brokers.

Demo Accounts

A demo account helps beginners test the environment before using real money for trading. Experienced traders can also use it to test new strategies and refine old ones before deploying them on real accounts. However, you must first deposit a minimum of $250 to access the demo account.

Easy and Fast Withdrawals

Withdrawals are typically processed within 24 hours on business days. A 2% withdrawal fee is also charged on profits.

Zero Commission Structure

Immediate Edge does not charge a trading fee or account management fee. Its software is completely free to use.

Verification System

When you click the "Register" button, the website automatically redirects you to an affiliated broker. In our case, the broker was a well-known one engaged in cryptocurrency trading in our region. Verification begins after you enter all the required information on the trading platform.

The required information includes physical address, city of residence, date of birth, and country of residence. The information you entered during registration will be automatically copied to this new session. Verification takes just a few hours. During this time, a broker's customer support representative will call you to verify the details. At the same time, you can ask about any issues you encounter with the platform.

Affiliated Brokers

After registration, we were connected with a broker that we recognized as reputable and regulated. We are confident that the broker you will work with will also be reputable, as Edge states on its Terms of Use page, specifically in the "SERVICE DESCRIPTION" section, that all its affiliated brokers are regulated by reputable authorities worldwide. In our case, the broker had a valid license from the Malta Financial Services Authority (MFSA).

Payment Methods on Immediate Edge

Deposits on Immediate Edge can be made in major fiat currencies such as EUR, JPY, AUD, and CAD, using credit and debit cards, bank deposits, and e-wallets such as Neteller and Skrill.

Factors to Consider Before Using Immediate Edge

We have thoroughly reviewed Immediate Edge and assessed its effectiveness based on important real-world performance metrics using a five-point scale. Consider these factors when making your decision.

Payouts: 5/5

Immediate Edge processes withdrawals quickly, often paying out within 24 hours on business days. Simply fill out the withdrawal form and wait for your funds to be transferred to your brokerage account.

Verification System: 4.5/5

Immediate Edge uses a rigorous verification system with checks at various points during registration. It combines email verification, where new users must confirm their account via a link, and KYC verification, where users provide identification documents. Additionally, bank accounts used for deposits must match the account holder's name.

Deposit and Withdrawal Limits: 4/5

You need to deposit a minimum of $250 to start using Immediate Edge. The platform supports deposits via credit cards, PayPal, and bank transfers. There is a 2% fee on withdrawals, but only on profits.

Costs and Fees: 4/5

Immediate Edge does not charge account or trading fees. The only fee is on the profits earned.

User Reviews: 5/5

So far, independent reviews have been overwhelmingly positive.

Customer Service: 4/5

The company provides excellent customer support via online chat to offer guidance and address queries, with urgent matters handled via phone calls. Users can also message customer support from their account dashboard.

Affiliated Brokers: 4/5

Immediate Edge integrates with several regulated brokers worldwide. When creating a new account, users select an affiliated broker in their region. After setup, users can connect the bot to the MT4 trading terminal provided by their brokers. These brokers manage the account while the bot focuses solely on trading.

How Does Immediate Edge Compare?

Immediate Edge surpasses many other crypto bots. With a 99% success rate, confirmed by several independent testimonies, Immediate Edge is one of the most profitable bots among its counterparts.

It also trades other cryptocurrencies such as Ethereum, Ripple, and Litecoin, a feature not available in other bots like Bitcoin Up and Bitcoin Code.

Is Immediate Edge Legitimate?

There are several documented user reviews online, as crypto investors seem confident in this bot's ability to trade effectively. However, we still conducted research.

To verify the legitimacy of Immediate Edge, we looked at the number of satisfied clients and the level of customer service.

Real Active Users

We found genuine reviews from people who have used Immediate Edge for a relatively long time (over 3 months). While some reviewers needed time to get used to the platform, most were able to understand it and implement trading strategies.

Customer Service

We tested the reliability and response time of the customer service team and found that they responded relatively quickly and helped with the queries we submitted. Their responses were satisfactory, and their behavior was friendly.

Our findings from studying online reviews and feedback suggest that Immediate Edge is a reliable trading bot that is easy for beginners to use.

Is Immediate Edge Safe?

Immediate Edge is safe as it ensures all clients go through KYC. Its website is also protected with up-to-date SSL certificates, keeping client data secure. It also works with internationally regulated brokers, so client funds are kept safe in a regulated environment.

Regarding trading, Immediate Edge is as safe as the strategy it uses. Trading carries inherent risks, but the bot is known for providing profitable signals. There have also been no reports of client funds disappearing.

5 Reasons to Use Immediate Edge for Trading

Investors love this bot for the following reasons:

High Success Rate

A 99% success rate is likely the most significant reason to use Immediate Edge for trading. User reviews online confirm the strength of Immediate Edge's trading signals. While 99% might be the best case rather than an average, its success rate is still high enough to retain users.

Fast Trading

In addition to high accuracy, Immediate Edge can execute trades in fractions of a second. This is useful during high-volatility trading peaks and for scalping. Users can leverage minute timeframes and opportunities not available to professional traders.

Automated Trading

Since the trading process on the platform is automated, users do not need to monitor trading as closely. Once they set up a trading strategy, the bot works day and night to find and capitalize on opportunities. Trading can become a passive activity.

Logical Trading

Immediate Edge is a bot that follows instructions. Once given a directive, it will execute it without bias. Humans, on the other hand, often have biases that can affect their objective judgment during trading. Bots do not miss or forget data, meaning they will identify many more opportunities than humans.

Strict Risk Management

You can set your risk management parameters, and the bot will never breach them. This way, you manage the risk you are exposed to while the bot works on increasing profits.

What is the Best Way to Trade on Immediate Edge?

If you are a beginner, you can try a demo account to familiarize yourself with the platform. The demo is a way to test strategies and see how the bot operates in real life.

Next, you will need a trading strategy. If you choose the full automation option during account setup, you allow the bot to handle most of the analysis and trading functions.

When developing a trading strategy, stick to simple parameters like entry levels, exit levels, and stop-loss. These define the levels at which you want to buy, the desired profit size, and when to close a position at a loss.

After setting up the strategy, let the bot trade for a few days and check if the strategy delivers the desired results. If not, go back to the demo account and make some adjustments.

Full automation removes the stress for beginners associated with understanding complex CFDs or technical analysis.

Experienced investors can set up more complex trading strategies and turn off the automation mode for better control over their trading activities.

Trading Strategies and Algorithms

Automated Trading

In automated mode, Immediate Edge trades around the clock since the crypto market operates continuously. This allows traders to deploy strategies regardless of geographical location or business hours, meaning they can apply their strategies while focusing on other things.

News and Trends

Immediate Edge can also trade based on news. The bot can identify price trends before they gain momentum and execute trades to capitalize on the market's reaction to certain economic indicators.

Arbitrage Trading

Immediate Edge can be programmed to scan prices of supported cryptocurrencies across different exchanges and exploit price discrepancies.

Has Immediate Edge Been Featured on Television?

Dragons’ Den

Dragons' Den is a popular TV show where entrepreneurs pitch their ideas to a team of investors who might provide funding for their business. There have been rumors that Immediate Edge appeared on this show. We checked archived TV schedules and presentations to confirm or refute these claims. It can be confidently stated that these rumors are false. We did not find any other online sources confirming such claims.

Squawk Box

Squawk Box is a popular morning show aired on CNBC that features reports on major global markets, including cryptocurrencies. There have been rumors that the creators of Immediate Edge appeared on a panel to discuss the trading bot. However, after conducting some intensive research, we found no evidence to support these claims.

Did Immediate Edge have any celebrity endorsements?

Snoop Dogg

It is known that the American rap music legend has made high-profile commercial endorsements for various projects in recent years. There have been several reports linking him to certain cryptocurrency projects. However, we did not find any reliable sources indicating that he endorsed the bot. This claim is false.

Manny Pacquiao

The world boxing champion once held four unified titles at the peak of his career. There have been confirmed reports of his support for some cryptocurrency projects in recent years. However, we were unable to find any evidence linking him to the trading bot at any time. We also mark this claim as false.

Gordon Ramsay

Gordon is a well-known British chef. This is a famous celebrity whose name carries weight. Perhaps this explains why there have been rumors that the chef might have endorsed this trading platform. We searched online for anything linking him to this bot but found nothing. This claim is not accurate.

Floyd Mayweather

The legendary boxing icon is known worldwide for his career achievements and open display of wealth. In recent years, he has supported several crypto projects, some of which have even led to issues with the SEC. Therefore, claims that he supports Immediate Edge might seem plausible. However, our search did not find any evidence of a connection to the trading bot.

Tips for Safe Use of Immediate Edge and Risk Management

Profits from an automated crypto trading bot can be achieved easily if approached diligently and tactfully. We have outlined five ways to maximize your success using this automated trading platform.

Start Small

When you start trading, it’s wise to limit your exposure. Open an account and fund it with the minimum accepted deposit of $250. As you gain more experience and understand market dynamics, you can gradually increase your trading capital. This way, you are more likely to grow your investments and have better opportunities to manage them. However, diving in with a large sum and poor market knowledge can lead to losses, especially with a trading bot.

Invest Only What You Can Afford to Lose

Do not go into debt for investments and do not put your well-being at risk. Investment profit is good, but it is safer to invest only a portion of what you can truly afford. Trading is high-risk, and even 99% accurate trading bots are not always successful.

Always Keep the Profit

If you achieve some success with this platform, there is always a temptation to reinvest all your profits to maximize earnings. This would be a poor decision. Remember that trading is a long game, so always keep your profit separate from your capital, accumulate it, and use it wisely, preferably away from the trading platform.

Follow Expert Advice

The fact that someone has likely tried any plan you intend to try means there should be an expert whose advice you can follow. These people have earned their reputation through experience and learning. It is always easier and cheaper to find an expert online and follow them on social media. These experts regularly publish their thoughts and strategies, which could be helpful to you in developing your own.

Keep Records for Tax Purposes

Countries are starting to take tax collection on cryptocurrency more seriously. To stay on the right side of the law, you need to keep detailed records of your investment income and expenses. As a non-specialist, you might forget that your capital is not income when you withdraw it to your bank account. But tax authorities might consider it your income if you do not have enough documentation to explain its source.

How to Use Immediate Edge – Step-by-Step Guide

To start using Immediate Edge, follow these steps:

1. Register an Account on the Immediate Edge Website

To register an account, you will need an email address and a phone number. After creating the account, you will need to provide KYC documents, such as an ID and proof of address.

2. Choose a Broker

You need to register with a supported broker to use the Immediate Edge trading bot. The process is similar to the step described above. You will need an email address, a government-issued ID, and a utility bill. Some brokers may also require proof of funds, such as a bank statement.

3. Develop a Trading Process and Strategy

Beginners can try new strategies or use existing templates. Once they feel comfortable, they can develop their own strategies. Start with simple parameters such as entry, exit, and stop-loss.

4. Practice on a Demo Account

Before starting live trading and deploying new strategies, test them on a demo account to ensure they work. You can also adjust strategies and train the AI algorithm to make the bot more effective in executing your strategy.

5. Make a Deposit

On the Immediate Edge platform, you must first make a deposit before using the demo account. However, the demo account is free to use. You will need to deposit at least $250 via bank transfer, credit/debit cards, or PayPal.

6. Set Up Automated Trading

Set up the parameters of your trading strategy. Beginners will need to understand what these are.

Entry and exit levels are price points where you open and close a trade respectively. A stop-loss is a price level lower than the initial level for long positions, where you (or the bot) close the trade if it does not perform.

A stop-loss is a risk management approach defined by the amount of money you are willing to risk per trade. Simply put: "If my losses in a trade reach x amount of money, close the position." The rule of thumb is to never risk more than 3% of your total trading capital on a single position.

Markets, Assets, and Options on Immediate Edge

What assets can be traded using Immediate Edge?

Immediate Edge supports 4 major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). However, trading is not limited to these four assets.

Since the bot trades CFDs rather than actual cryptocurrencies, it can combine these four cryptocurrencies with major fiat currencies, BTC, and ETH, allowing for trading in over 10 CFD pairs.

What leverage options are available on Immediate Edge?

According to their website, Immediate Edge offers its users leverage of up to 4000:1. This means that traders can borrow up to 4000 times their capital to execute trades. This is higher than the recommended leverage ratio even for experienced traders. Users are advised to trade cautiously.

What are the spreads on Immediate Edge?

Immediate Edge does not specify this on their website but charges a 2% fee on profits.

Can I Use Immediate Edge in My Country?

Immediate Edge – Our Conclusion

Immediate Edge is a trading platform that allows its users to trade Bitcoin, Ethereum, Ripple, and Litecoin automatically using AI-based algorithms that follow trading strategies. The bot analyzes the market, identifies price patterns, and executes profitable trades when opportunities arise.

Its most compelling feature is a 99% success rate according to reviews and anecdotes. Several users claim that the bot executes profitable trades 99% of the time, which is an exceptional figure even for a trading bot.

Although there are rumors about the legitimacy of commercial trading bots, and several scammers have left a negative mark, Immediate Edge has become a reliable platform due to its partnership with several regulated crypto brokers.

While trading bots use complex algorithms to analyze market conditions, the Immediate Edge interface is user-friendly. Even beginners can start by opening an account, completing KYC, depositing funds, and setting up a simple trading strategy.

The minimum deposit amount is $250, and you will need to deposit funds before you can use the demo account. However, the demo account is free to use and does not require real money. For detailed instructions on using the bot, please refer to our usage section.

Other good similar bots include Bitcoin Future, Bitcoin Revolution, and Crypto Nation Pro.

Review Methodology

We review crypto robots by combining various tests, surveys, and online reviews. We compare these data with our metrics to gain an informed understanding of the robot's performance. Please check our pages, "How We Test" and "Why You Can Trust Us", to learn more about our review process.

Given the plethora of false claims about trading bots online, we deemed it crucial to review the data in our Immediate Edge review.