With claims of providing consistent gains to its user base, Immediate Xtrade states that it is the perfect trading system for veterans and beginners alike.
But how true are the platform’s profit-generating claims? Is Immediate Xtrade a legit crypto trading application or a scam site trying to cash in during the current bullish market conditions? The purpose of this review is to answer these questions by doing a breakdown of the entirety of Immediate Xtrade’s features.
Immediate Xtrade Overview
Type of Platform | Autonomous and manual crypto trading system |
Minimum Deposit | $250 |
Claimed Success Rate | Does not specify |
Supported Cryptocurrencies | Ethereum, Bitcoin, Ripple, Litecoin, etc. |
Mobile App | Does not offer an Immediate Xtrade application |
Withdrawal or Deposit Fees | Does not mention any fee-related details |
Customer Service | Form-based service is available; registered users may get more support |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Immediate Xtrade?
The constantly changing crypto market can only be navigated properly if you know the pathway through research. Even that is difficult when the market is behaving so erratically that the community is quick to change its stance about a particular crypto. One of the latest examples of it is Bitcoin’s early January 2024 performance, in which the approval of Bitcoin ETF pushed the value of the world’s leading crypto down instead of up.
Even though the market has recovered, the uncertainty remains. That is why investors are flocking towards using systems that remove human emotions from the equation. These systems, also known as trading robots, are quick to understand the market fundamentals and execute trades rapidly. They are often successful at making use of the volatility to make intra-day gains.
Such is the platform that Immediate Xtrade says it is. It claims that it makes trading simpler through its autonomous trading features that use state-of-the-art technologies.
However, the platform is said to not restrict traders to rely on automated trading systems only. The website’s content also discusses the presence of manual trading features that make it easy for investors to understand the market.
The manual trading features are said to contain everything from technical indicators to AI-driven crypto signals that allow investors to buy and sell digital assets with ease.
These systems reportedly work in tandem to support the trading of multiple crypto assets, including Bitcoin, Litecoin, Ripple, and Ethereum.
Additionally, there are also security features available, which are said to gate user information behind SSL encryption.
This bouquet of facilities is reportedly supported by a user interface that is both intuitive and complex. It means that while users will find it easier to navigate the platform, they will also find that nuanced trading tools are available.
Even though these features appear appealing, the evidence to prove their existence is little. While many customer testimonials are available, it is unlikely that “Immediate Xtrade” is the subject of those first-hand accounts (more on that later).
Therefore, it is prudent for investors to gauge market conditions responsibly before investing.
Who Created Immediate Xtrade?
Immediate Xtrade has mentioned a little about who its founders are. At best, we can guess from the About Us page that the site has been created by a team. This team reportedly has a solid background in trading.
And that’s the extent of information we have access to. There are no social media links on the official website, and there are no names or other details available. Even though it is quite common for a crypto trading platform to have anonymous founders, such anonymity is only supported by decentralized bodies. Nothing on this site indicates that it is a decentralized platform.
How Does Immediate Xtrade Work?
Immediate Xtrade supports two types of trading. One is autonomous, which leverages a Bitcoin robot. And another is manual, which leverages simplified trading tools. Here is our insight into how the site could work.
Autonomous Trading
Users may be able to customize the auto trading platform upon signing up, which reportedly gives them access to settings to control when the trading bot executes a buy or a sale order. Once the system is on, it may analyze the market throughout the day and then leverage its AI-powered engine to forecast an asset’s price and execute trades based on those predetermined settings.
Manual Trading Mode
With manual trading mode, users may expect a good trading system that allows investors to look at technical indicators as well. However, since Immediate Xtrade reportedly also focuses on artificial intelligence, users may get access to crypto trading signals that can be acted upon to invest profitably.
This is how an ideal trading platform would work. To get an accurate answer to this query, however, a talk with the customer support team is a must.
Immediate Xtrade Pros and Cons
Here are the pros and cons of Immediate Xtrade that we understood upon assessing the website:
Pros
- Asserts to provide dual trading modes
- Claims to focus on simplicity when it comes to trading
- Multiple assets supported
- Technical indicators and crypto trading signals are reportedly available
- Simple to sign-up and use the platform
Cons
- Offers not much insight into its features
- Does not provide any historical information about the efficacy of its trading features
- There aren’t any third-party reviews available
- The website is home to repetitive content
- Requires a deposit of $250
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Immediate Xtrade – Supported Devices
Immediate Xtrade has been described as a web-based application with no dedicated mobile app available. It indicates that the web app is easily available on all devices. As far as the website is concerned, we found this claim to be true. We didn’t come across any issues when opening the website. The pages loaded quickly, the buttons were interactable, and the fonts were readable on all devices.
Immediate Xtrade – Supported Countries
According to the website, Immediate Xtrade is available in all countries. However, it is said not to be available in the US because of the regulatory issues in the region. That being said, using a VPN may be possible for US-based users.
Immediate Xtrade – Top Features
Listed below are the core features that Immediate Xtrade has highlighted across its website’s content:
User-Friendly Interface
Immediate Xtrade has described its trading interface as intuitive. It is said to deliver a smooth trading experience for all levels of users. There are reportedly trading guides present, as well as tools to customize trading parameters to personalize trading opportunities.
Accurate Trading Signals
The platform reportedly offers accurate trading signals to facilitate smart trading. This feature reportedly leverages AI to allow investors to make the right decisions with certainty.
Multi-Device Support
As already mentioned, Immediate Xtrade is available on multiple devices. The site is said to be accessible 24/7 through desktops, laptops, tablets, and mobile devices. Per this website, this approach ensures that investors don’t miss any profitable opportunity.
Robust Online Protection
The website states that users will be protected at all times. It says that the platform uses industry-standard security protocols, including SSL encryption, to safeguard funds and keep the data confidential.
24/7 Customer Assistance
Per the website, the customer support team is accessible to users throughout the day. While the way to reach out hasn’t been established, Immediate Xtrade does claim that helming the support team are experienced trading professionals privy to the nuances of the market and the trading platform.
Is Immediate Xtrade a Scam?
Even though Immediate Xtrade portrays itself as a responsive trading platform, there are many parts where we would have wanted to be more transparent. The lack of information about its fee adds to its issues, and the absence of founder-related details is also troublesome.
However, that’s not the only problem we came across with it.
We couldn’t find any legitimate first-hand accounts of the platform. For instance, upon searching for Immediate Xtrade testimonials, we came across many testimonials for a platform called Xtrade.
On Trustpilot, the platform has also reviewed a site called Xtrade, which has a rating of 4.2 from 194 reviews. We had similar experiences with the platform on Sitejabber, which has 71 reviews, with a majority of people saying positive things about the platform.
While those aspects should put Immediate Xtrade in a positive light, upon closer examination, we found that all of them were meant for a different site altogether. It tells us that Immediate Xtrade is a name designed to capitalize on the popularity of another trading platform with a similar name.
Our beliefs were consolidated since we found that third-party reviews of the platform were nowhere to be found. They indicate that the website has been created recently.
However. this isn’t enough to mark Immediate Xtrade as a scam since the site specifically says that the name is being used for marketing purposes and the platform is basically a gateway to other trading systems.
The platform is also quite responsive and explicitly states that trading cryptos does not guarantee any profits. Furthermore, it also doesn’t claim to have a high win rate.
Therefore, we can’t be certain about whether the site is a scam or a legitimate trading platform. We recommend that our readers focus on investing only the minimum amount and only increase their deposit if the platform yields positive results.
What is the Minimum Deposit Required on Immediate Xtrade?
In order to start trading on the Immediate Xtrade platform, investors are required to make a deposit of $250. This deposit, per the website, will be used as the seed capital to buy and sell assets on the platform. However, it is not clear whether subsequent deposits will be in multiples of $250 or if the requirements are reduced for later transactions.
Immediate Xtrade Customer Support
Immediate Xtrade talks about customer support being available on a regular basis. However, unregistered users may not be able to get any advantage from them since the only option available is through the contact form. Some reviews have stated that the platform makes it possible to reach out through phone, but that facility might be limited to registered users.
How to Start Trading on Immediate Xtrade?
Here are the steps to follow in order to start investing using Immediate Xtrade:
Step 1 – Registration
The first step involved navigating to the official Immediate Xtrade website and starting the account creation process. As the website states, the process is simple, and the details needed are nominal. As no KYC requirements are mentioned, it is likely that the registration process will be completed in 10 minutes.
Step 2 – Make a Deposit
Upon verification, investors may get access to a deposit link to deposit $250 and get access to the platform’s live trading facilities. Make the deposit quickly and try to withdraw it to learn about the site’s withdrawal speeds.
Step 3 – Trading
Once the live trading systems are open, make sure to reach out to the customer support team using the modes available. Ask them how to use the site properly and also check the tutorials. Proceed with caution once you have familiarized yourself with the platform.
How to Delete an Immediate Xtrade Account?
The platform doesn’t provide any details about how to delete an account. The customer support team may have the answer, but we recommend trying to find a way to delete the account on the dashboard first. If there is a way, it is advisable to withdraw the holdings since it is possible that termination of the account may lead to the removal of the deposited amount.
The Verdict
With its stylishly designed official website, Immediate Xtrade makes a lot of claims about providing a flexible trading system. However, none of them could be verified through third-party reviews or even first-hand accounts.
No information is available about its founders, its fee structure is vague, and deposit details aren’t complete. Due to a large number of unknowns, investors must be careful when using this system. The alternative is to invest in a crypto presale where the fundamentals are transparent and often the team has doxxed itself.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.