Immediate Alpha review 2024
Investing options: 4.1
Platforms & usability: 4.2
Products, markets, & assets: 4.3
Safety & reliability: 4.4
Deposits & withdrawals: 4.3
Research & analysis tools: 4.1
Fees & costs: 4.5
Education & learning resources: 4.2
Immediate Alpha review Summary
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This beginner-friendly Immediate Alpha review explains what the robot does and how it can help you trade. Compare its pros and cons, discover what markets you can use it with, and find out whether Immediate Alpha is legit.
We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centres. Our website will only send customers to partners who have provided us with the required regulatory assurances. This is a marketing offer and our regulated partners will indicate what services they have available upon registration.
Based on our research, Immediate Alpha appears to be a genuine trading robot
We test every crypto robot extensively and only recommend software that looks legitimate. The results of our investigation suggest that Immediate Alpha seems to be a genuine crypto trading platform. To sign up for a free trial and test the software for yourself, follow the link below. Once you’ve done so, an account manager will call to explain how to create an account and set up the bot.
What is Immediate Alpha?
Immediate Alpha is a piece of crypto trading software that automates cryptocurrency trading by scanning markets and historical data. It uses artificial intelligence and natural language processing to access news, read charts, and analyse comprehensive trading data that it uses to predict future price moves.
The Immediate Alpha robot claims that it generates profits by using this algorithm and a super-fast trading mechanism that is able to action winning trades by operating milliseconds ahead of the market.
Pros & Cons
Pros:
Cons:
Can I open an account with Immediate Alpha?
Yes, residents of Canada can open an account with Immediate Alpha.
No, residents of Canada cannot open an account with Immediate Alpha. Consider trying our best-rated broker in , . Find the best broker in
Immediate Alpha summary
Feature | Immediate Alpha |
---|---|
Supported cryptocurrencies | BTC, ETH, etc |
Fees | No fees |
Success rate | 87% |
Minimum deposit | $250 |
Mobile app? | Yes |
Withdrawal speed | 24-48 hours |
Demo account? | Yes |
Leverage available | Yes, up to 1:1000 |
Customer support | Yes |
Verification required | Yes |
Regulations | CySEC |
About the Immediate Alpha platform
How does Immediate Alpha work?
The Immediate Alpha automated trading software analyses crypto market data to find the best crypto trades. It then places these trades automatically on your behalf through an API that connects the robot’s platform with your broker’s trading account. Immediate Alpha constantly sends trading signals to the broker, executing that particular trade accordingly.
What assets and products can be traded on Immediate Alpha?
Immediate Alpha has a very small number of supported cryptocurrencies. Right now, there are only four cryptos available. These are:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- EOS (EOS)
How much does Immediate Alpha cost to use?
One of the best features of Immediate Alpha is there are no fees or commissions for using the automated trading platform. However, there are some charges in the form of hidden fees. Immediate Alpha uses third-party brokers to place trades, and each of these might charge a small fee or commission per trade.
What are the payment methods accepted by Immediate Alpha?
You can make a deposit on Immediate Alpha through several popular payment options, including Visa, Mastercard, Skrill, and Neteller.
The full list of payment methods is:
- Bank transfer
- Credit cards (Visa and Mastercard)
- PayPal
- Skrill
- Neteller
Is there an Immediate Alpha app for both mobile and laptop-computers?
Yes. The platform is compatible with any version of a desktop and you can access the site on mobile through the Immediate Alpha app. You can use Immediate Alpha on any device, including:
- iOS and Android smartphones
- Tablets
- Laptops
- Desktops
Immediate Alpha key features
Immediate Alpha is rated as one of our top performing crypto robots because it offers some unique features that beat out other automated trading services.
Learn with AI
Immediate Alpha uses artificial intelligence to analyse real time market data and place trades after identifying potential money making opportunities. It also lets you use this information to learn. You can follow the AI’s moves and become a better crypto trader.
Free demo account
The Immediate Alpha demo account works well with its learning capabilities because it lets you trade with virtual money before you sign up for real. You can learn from the AI trading bot and then put those trading strategies into practice through a demo account before putting any of your own money on the line.
Trade with the Immediate Alpha app
Immediate Alpha offers an excellent mobile app that means you can adjust your trading robot and its parameters from your phone. This is particularly useful when it comes to trading crypto, as it’s such a fast-moving industry where you must be able to be reactive at all times.
Which brokers can I use with Immediate Alpha?
Immediate Alpha works with regulated and reliable cryptocurrency brokers that provide users a secure environment for online cryptocurrency trading. These may include well-recognised broker names like 24option and UFX.
Can I trade assets with leverage?
Yes. Immediate Alpha offers leveraged trading of up to 1:1000. In other words, you can trade 1000 times more than the capital you invested.
However, the higher the leverage, the bigger the risk. You can lose significant money if things do not go your way. It’s always good advice to start small and to steer clear of leverage when you first start trading.
Can I open long and short positions with Immediate Alpha?
Yes, you can open long and short positions on Immediate Alpha. You can also input manual trading conditions and the crypto robot will place a trade when the crypto asset hits a particular position.
A trader takes a ‘long’ position when they expect that a particular cryptocurrency price will move up. A short position is when the trader bets that the price of the cryptocurrency will move down.
How do I get paid? What about payouts?
You get paid by going to your Immediate Alpha account settings and submitting a withdrawal request. You enter your bank account details and your money will be transferred to you within 24-48 hours.
What is the Immediate Alpha customer support like?
Before registration, you have the option to contact Immediate Alpha via a type form provided on their website. After registration, you have 24/7 customer service. This includes the option of email and on-call service as well.
Safety and security
Is Immediate Alpha safe to use?
Yes, Immediate Alpha is safe and legit to use. We found plenty of testimonials from users who have had a lot of success and made money from Immediate Alpha.
As with any investment vehicle, there is some risk involved. With crypto robots in particular there can be many unscrupulous actors, but there is no suggestion Immediate Alpha carries any substantial risk.
Is Immediate Alpha regulated?
Yes, Immediate Alpha is regulated through its third party brokers. As Immediate Alpha doesn’t manage any of your money, it doesn’t have to be regulated itself. However, the partner brokers should – and are – regulated by European financial regulators. The most common regulatory body is CySEC, the Cyprus Securities and Exchange Commission.
Is my money protected on Immediate Alpha?
CySEC offers protection up to €20,000 to any investor in the event of a broker going bankrupt. This means your money is protected as long as you use a regulated broker. You can search a company’s registration number to find out whether it’s regulated or not.
Who owns Immediate Alpha?
It isn’t clear who owns and operates the Immediate Alpha trading robot. However, our research suggests a group of crypto traders and financial experts founded Immediate Alpha. It’s common for crypto developers and investors to remain anonymous, so it’s quite normal for there to be little information available publicly.
What is the registration and verification process?
Signing up and registering for an account on Immediate Alpha is completely free and can be completed in a few simple steps. It requires providing basic details such as your name and email address, and setting a password. Your account will be verified within a few minutes. But please note that registration will only be successful if the broker partners are available in your country.
Follow the steps below to open your account and start trading with the Immediate Alpha app.
How to start trading with Immediate Alpha
Step 1. Create an account with Immediate Alpha
Registering with Immediate Alpha only takes a few simple steps. You submit your name, email, and phone number on the initial sign up form and then you must pass a verification check before your account is approved. You need to provide a valid form of ID, such as a passport or driving licence, in order to pass this. This is a required step as all the brokers are regulated to comply with anti-money laundering legislation.
Step 2. Make minimum deposit of $250
After logging in to your account, the robot will direct you to one of their affiliated and regulated brokers. The Immediate Alpha minimum deposit of $250 must be made before you can start trading. You can also consider using the Immediate Alpha trading simulator or demo trading account in order to grasp the platform first.
Step 3. Set up your Immediate Alpha trading system
Once you’ve made the minimum deposit, you can set up your Immediate Alpha robot. This means choosing your minimum and maximum trade limits, which assets you want to trade, and your daily trading limits.
Step 4. Adjust risk management settings
To make sure you don’t lose money, it’s important to put in place some safety precautions. The most common way to do this is to set acceptable stop-loss limits in advance, which protect you against the risk of making a big loss on a trade.
Step 5. Start investing with Immediate Alpha
Once you have funded and set up your account, you can start live trading instantly. Since the cryptocurrency market runs 24/7, the robot facilitates trading at all times based on the parameters you set.
Has Immediate Alpha been recommended by celebrities or appeared on TV?
No, Invezz has researched various claims of celebrities, investors, and TV shows being associated with Immediate Alpha and we found no evidence to support any of them. A number of articles have appeared online linking the platform to influential figures in the finance and entertainment industries, but these articles lack any proof to back up the Immediate Alpha claims.
Below are three brief fact checks that quickly run through some of the famous names most commonly associated with the robot.
Is it true that Elon Musk endorsed Immediate Alpha?
It is not true that Elon Musk has recommended the official website of Immediate Alpha. Primarily known as the CEO of Tesla, Twitter, and SpaceX, Elon Musk is one of the richest men in the world.
Fact check: False. Elon Musk has never spoken publicly about Immediate Alpha.
Does Jeff Bezos use the Immediate Alpha website?
Jeff Bezos does not use this crypto trading website, despite rumours existing online. A widely recognised figure across the world, Jeff Bezos is the founder of Amazon and one of the richest men on the planet.
Fact check: False. Upon looking into reports of Jeff Bezos’s use of Immediate Alpha, we found them to be inaccurate.
Has Kate Winslet publicly recommended the platform?
No, Kate Winslet has not endorsed the Immediate Alpha website. Kate Winslet is a famous British actress who is most famous for having played the leading role of Rose in the 1997 film, Titanic. She was awarded the honour of Commander of the British Empire (CBE) in 2012.
Fact check: False. Despite many online sources claiming her involvement, Kate Winslet has never spoken about this crypto website.
Is there a Immediate Alpha alternative?
There are lots of other Bitcoin bots out there. Many offer a similar service and are tailored to crypto trading, while others take a broader approach and let you trade stocks and forex as well. Here are some other trading platforms you might want to consider:
- Immediate Core is a trading bot that uses machine learning to trade Ethereum and other ERC-20 cryptocurrencies.
- Immediate Connect is a crypto auto trader with a trading system that’s easily adjustable to suit top cryptocurrencies and altcoins alike.
- Bitcoineer is a crypto bot that uses a combination of artificial intelligence, machine learning, and natural language processing to identify and place trades.
- Immediate Bitwave is a crypto auto trader with a trading system that’s easily adjustable to suit top cryptocurrencies and altcoins alike.
- Trader AI is a fully automated crypto robot that uses advanced technology to craft highly optimised trading strategies on crypto, stocks, and more.
- Neoprofit AI uses next-gen artificial intelligence to scan over 1000 crypto tokens and identify winning trades on your behalf.
Our top robot trading tips for beginners
When using a robot to trade cryptocurrencies, there’s a lot that you need to be aware of. It may just feel like you deposit funds and let the robot do the rest, but our team of experts have come up with the following advice that it’s important to read before getting started:
- Learn about trading first. Trading cryptocurrencies is a complex process, and it’s important to have a grasp of the basics before you get involved. By learning about trading in general you will be better able to set up the trading robot to work most effectively.
- Learn more about cryptocurrency. Having more knowledge of the asset you are trading is important when making any trade, but especially so in such a wide-ranging environment as cryptocurrency.
- Start with a demo account. Even though you can start live trading immediately upon setting up an account on a robot, we strongly advise you to trade on the demo account first. This will help you familiarise yourself with the platform before risking any of your capital.
- Start small. The best strategy is to start with a small amount of money and grow your portfolio and profits over time. This will help you hone your trading skills and keep risk to a minimum.
- Only invest what you can afford to lose. This is a central tenet of trading, it’s always important to be financially responsible when investing in anything. Markets can be volatile and losses can come as easy as profits, so don’t risk money you couldn’t live without.
Our final verdict on Immediate Alpha
Immediate Alpha’s cryptocurrency trading robot is a useful tool for carrying out crypto trades, but users should be sure to have an understanding of what they are doing before using the robot. There are many reviews online that show many people have made money using the technology, but not typically in the large amounts claimed on the platform’s own testimonials.
The high amounts of leverage offered by Immediate Alpha can make the platform attractive to seasoned traders, but beginners should proceed with caution and do some research before using this feature. Cryptocurrency investments, especially leveraged trading, comes with its own set of risks. The key is to keep them small and be careful while making any investment decision.
Immediate Alpha is a suitable tool for experts who can trade in a market that runs 24/7. By offering trading signals through constant monitoring of charts and data, it can enable a trader to make stronger trading strategies.
One drawback is that currently you are only able to trade four cryptocurrencies, meaning you don’t have too much flexibility for investing in multiple assets within your portfolio.
Methodology: how we scored this Immediate Alpha review
Helping people make better financial decisions is at the heart of our mission at Invezz.
We test each Bitcoin robot to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other automated trading platforms we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the platform, conduct research, and score the service.
To supplement our practical testing and experience, we research the service to gather any further relevant information and provide context to help you decide whether the platform is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.
The auto trading platform is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational resources.
We work closely with the individual brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process.
FAQs
Is Immediate Alpha legitimate or not?
Immediate Alpha is legitimate, but its claims of users earning millions without doing anything are plainly distorted and untrue. The trading platform constantly scans markets and automatically opens and closes cryptocurrency trades by using technological solutions like AI and natural language processing. It also allows traders to execute trades according to parameters they can set manually. But the Immediate Alpha service uses misleading marketing techniques such as claiming the product is endorsed by celebrities and publishing fake testimonials. A trader should be cautious of services claiming to make millions without doing anything.
Is it easy to open a Immediate Alpha account?
Yes, the process of opening an account with the Immediate Alpha trading platform and verifying it is easy and can be done in a few simple steps. You are required to provide your name, email, and contact number for registration. A user does not need to provide any identification documents for opening their account, whoever these will be necessary when it comes to withdrawing funds. Immediate Alpha’s services are not accessible in all countries, and a user will be unable to complete the registration process if their country is not supported.
Can I withdraw cryptocurrency from Immediate Alpha?
No. You have to withdraw your payouts from the partnered broker’s website and not the robot, and therefore all withdrawals occur in fiat currency. This is because these brokers trade cryptocurrencies using CFDs rather than buying and selling coins directly.
Is Immediate Alpha an MLM or Affiliate scam?
Immediate Alpha is an automated trading system, however it misleads users with fake celebrity endorsements. Also, its interface resembles other robots’ websites casting doubts on its authenticity. Its website also proclaims to have won multiple trading awards but we could find no evidence that this is true.
Does Immediate Alpha really work as described?
Yes. Immediate Alpha is an automated trading platform that places crypto trades on your behalf. However, testimonials on its website claiming Immediate Alpha users generate millions in profits in short amounts of time are far too good to be true. Immediate Alpha uses algorithms and technology to analyse data, and then uses this to open or close cryptocurrency trades. It also offers leveraged trading to its users by partnering with brokers that offer leveraged cryptocurrency trading.
How do I delete my Immediate Alpha account?
In order to delete your account, you have to first withdraw your funds from the broker’s account that is partnered with Immediate Alpha. After which, you can submit an application request to the broker and robot to delete your Immediate Alpha account.
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Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >