Immediate Edge review 2024
Investing options: 4.4
Platforms & usability: 4.6
Products, markets, & assets: 4.6
Safety & reliability: 4.6
Deposits & withdrawals: 4.4
Research & analysis tools: 4.0
Fees & costs: 4.7
Education & learning resources: 4.2
Immediate Edge review Summary
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Our team of trading experts have investigated Immediate Edge to assess the trading platform and what it can offer you. Read this Immediate Edge review to find out how the bot works, what markets you can use it on, and how to get started with the software.
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 Edge 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 Edge seems to be a genuine trading bot.
To sign up for a free trial and test the software for yourself, follow the link below. Once you’ve done so, an Immediate Edge account manager will call to explain how to create an account and set up the bot.
What is Immediate Edge?
Immediate Edge is an automatic trading robot that uses Artificial Intelligence (AI) and advanced software algorithms to place cryptocurrency trades.
The Immediate Edge trading platform uses historical market data to find trading opportunities and optimum entry and exit points for crypto trades. The autotrading crypto robot then places those trades according to its calculations automatically on your behalf.
Pros & Cons
Immediate Edge summary
|250+ including BTC, ETH, LTC
|Sign up: none
Trading: up to 2%
About the Immediate Edge platform
How does Immediate Edge work?
The Immediate Edge platform uses artificial intelligence to streamline crypto trading. It scans market data around the clock, identifies opportunities, and automatically executes trades via its integration with prominent exchanges.
After consuming and analysing the latest market information, Immediate Edge’s algorithm selects ideal trades to make based on real-time conditions. It then sends trading signals to connected exchange accounts which handle buying and selling the specified cryptocurrencies in a hands-free manner.
For seasoned traders, Immediate Edge also facilitates manual customisation of trade parameters. You can dictate precise price points and other rules for entering and exiting positions. As the market fluctuates, Immediate Edge will automatically enact these instructions by opening or closing trades aligned with your specifications.
The robot continuously monitors coin prices across exchanges and places instant trades aligned to preset strategies or traders’ manual guidelines. This integration of AI and customisable trading rules enables both automated hands-off convenience and trader-directed precision.
What assets and products can be traded on Immediate Edge?
There are more than 250 cryptocurrencies available through an Immediate Edge trading account, as well as a number of bonds and currencies (for forex trading).
The range of products on the Immediate Edge system includes:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Dogecoin (DOGE)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Binance Coin (BNB)
- Cardano (ADA)
- Solana (SOL)
- Polkadot (DOT)
- Avalanche (AVAX)
- Shiba Inu (SHIB)
How much does Immediate Edge cost to use?
It’s free to sign up with the Immediate Edge bot. There is no cost to create an account and start your trading journey. However, during the research for this Immediate Edge review, we found that you do have to pay trading fees every time you place a trade with one of the partner brokers.
The trading fees can be up to 2% of the total trade value if you sign up for a Basic account. You can reduce the Immediate Edge fees by making a larger initial deposit and gaining access to one of the premium tiers in the form of a Standard or Advanced account. These require a higher deposit at first but offer discounted trading fees.
There is also a minimum deposit of $250 that you must place before you can start using the Immediate Edge trading platform. There are no registration or withdrawal fees.
What are the payment methods accepted by Immediate Edge?
There are a variety of different ways to make a $250 deposit with your Immediate Edge trading account. You can use all standard payment methods, like a card payment with Visa or Mastercard, or a bank transfer, as well as Skrill and Klarna.
You may be able to use PayPal and other payment methods with certain brokers, but it’s not guaranteed. The confirmed methods available are:
- Bank or wire transfer
- Credit card
- Debit card
Is there an Immediate Edge app for both mobile and laptop computers?
Yes, the Immediate Edge app is available on both iOS and Android devices and you can use the Immediate Edge website on your web browser as well. As long as you have an internet connection, you can access the Immediate Edge app on all devices, including:
- Mobile phones
Immediate Edge key features
Immediate Edge boasts a few features that help it to stand out from the crowd of other crypto bots. Here are some of our favourite of the platform’s features.
Beginner-friendly trading platform
Immediate Edge is designed for people without any online trading experience, so it’s a great option for beginners. When you sign up for a basic Immediate Edge account, you can pick a trading system and put the crypto bot to work, you don’t need to understand technical indicators or advanced trading strategies – although all of that helps you to be successful.
Trade stocks and currencies
The automated trading capabilities of the Immediate Edge trading platform can be applied to lots of financial assets beyond cryptocurrencies alone. You can trade currency pairs like USD/GBP and USD/EUR as well as stocks like Tesla (TSLA), Apple (AAPL), and Microsoft (MSFT).
The most important thing for any trader is being able to access the money they make. The Immediate Edge app and software make it simple to request a withdrawal and doesn’t charge a fee for doing so. All withdrawal requests are processed within 24 hours.
Which brokers can I use with Immediate Edge?
Immediate Edge claims to have partnered with prominent cryptocurrency exchanges such as Binance, Coinbase, Poloniex, Kraken, and Bittrex. It also enables live trading in forex using brokers like 24option and UFX.
Can I trade assets with leverage?
Yes, some brokers or exchanges associated with Immediate Edge offer leveraged trading, and it is possible to use it when making trades. However, the Immediate Edge platform doesn’t directly list any parameters regarding the leverage it offers traders. Our research suggests that you can access leverage up to 1000:1.
Please note that leverage trading in digital currencies is highly risky and should only be done by expert traders. Trading with leverage can create large losses very quickly if the market drops.
Can I open long and short positions with Immediate Edge?
Yes. The Immediate Edge trading robot facilitates margin trading, so any trader can open long and short positions in a trade.
If you’re new to live trading, taking a long position is when you bet on the price of an asset or currency increasing, and a short position is the opposite: you think the market will fall.
How do I get paid? What about payouts?
You get paid by submitting a withdrawal request to Immediate Edge, which will be approved and processed within 24 hours. We have heard of Immediate Edge users who have been paid much faster than that.
What is Immediate Edge’s customer service like?
The Immediate Edge customer support leaves something to be desired. There are no ways to contact the trading robot or its support team before registration.
Afterwards, you can speak to the Immediate Edge customer support team 24/7 via live chat and phone calls.
Safety and security
Is Immediate Edge safe to use?
Immediate Edge appears safe, although we’ve been unable to verify some of the claims made on its website. For example, the Immediate Edge website claims that software users have made significant six-figure returns trading online in a relatively short time.
These statements are likely to be exaggerated and are hard to believe as a result. Most Immediate Edge users have earned money and had a positive experience using the crypto bot; we just can’t verify that the exact figures are correct.
Is Immediate Edge regulated?
Immediate Edge is not regulated, but we wouldn’t expect it to be. It’s a cryptocurrency trading robot that connects to a third-party brokerage, so it is not required to be regulated.
The important thing is for the broker that actually places your trades to be regulated. Rather than placing trades itself, Immediate Edge sends trading signals to a third-party platform which manages the money. It’s the third-party brokers that should be regulated.
The Immediate Edge platform states it works with all types of trading platforms, many of which are regulated in Europe under CySEC, the Cyprus Securities and Exchange Commission.
Is my money protected on Immediate Edge?
You do not deposit any money to the Immediate Edge software directly. Instead, you are required to deposit money with its recommended brokers. CySEC regulates these crypto brokers. When using a CySEC licenced broker, you will benefit from compensation of up to €20,000.
Who owns Immediate Edge?
Immediate Edge is owned by Edwin James, who founded the robot during the Coronavirus pandemic.
James is a former forex trader, who became a billionaire trading binary options before turning his talents to cryptocurrency trading. He and his team have many years of experience trading the markets and have extensive knowledge in creating bespoke trading software.
What is the registration and verification process?
You must supply your name, email address, contact number, and password as part of the first-stage registration form. Once you have applied for registration on the Immediate Edge site, an email is sent to your inbox for verification. The process is completed when you click the link they send you to verify your account.
Follow our step-by-step guide below to learn more about how to create an account with Immediate Edge.
How to start trading with Immediate Edge
Step 1. Create an account with Immediate Edge
The first step of the sign up process is to register by providing your basic details, such as your email address and phone number. At this point, you are not required to provide any proof of your identification or residence. Once the app has verified your account, you can simply log in to Immediate Edge in order to access the dashboard.
Step 2. Make a minimum deposit of $250
Now, you need to meet the minimum deposit requirement $250 to get full access and activate options for auto trading or manual trading. Pick one of the available payment methods to get started. You can also use the demo account depending upon its availability in reference to the broker you are connected to.
Step 3. Set up your Immediate Edge trading system
After you have funded your trading platform, it is time to set up and configure your bot. You should decide what crypto coins you want to trade or choose a few to spread your risk. You can program the robot to trade at certain times of the day or around the clock. There are a few different settings that you can change to fit your requirements.
Step 4. Adjust risk management settings
The most important part of setting up the Immediate Edge software is to adjust the risk management settings. The software allows you to set the amount of money you are prepared to risk per trade. If you are willing to gamble on the bot, set your risk high. However, we recommend that you keep your risk parameters to a minimum.
Step 5. Start investing with Immediate Edge
A trader can now select the option for auto trading, in which case the entire control remains in the hands of the robot. Alternatively, an experienced trader can enable manual trading to place trades per the specified criteria. Now you can start trading with Immediate Edge
Has Immediate Edge been recommended by celebrities or appeared on TV?
While researching the Immediate Edge robot, we came across multiple claims that Immediate Edge has been recommended by celebrities or appeared on TV. After further investigation, we found that none of these claims was true.
Below are some fact-checks on the names we repeatedly came across during our analysis of the bot.
Is Immediate Edge endorsed by Jeff Bezos?
Jeff Bezos has not endorsed Immediate Edge, nor does he use the software. Jeff Bezos is one of the richest men in the world and CEO of Amazon.
Fact check. False. Our team found no information that Jeff Bezos is affiliated with Immediate Edge.
Is it true that Elon Musk uses the Immediate Edge website?
Elon Musk does not use the Immediate Edge software. Elon Musk is the CEO of Tesla and the richest man in the world. He has also started numerous business ventures in his career and has been linked with the cryptocurrency market.
Fact check. False. While investigating Immediate Edge, claims of Elon Musk using the website were untrue.
Has Shark Tank recommended Immediate Edge?
Immediate Edge has never appeared on the US television show Shark Tank. Shark Tank is a popular television program where budding entrepreneurs showcase their products or services to well-known business people in the hope of securing money for their business.
Fact check. False. Immediate Edge has never appeared on any episode of Shark Tank. It has also never been mentioned on the show.
Was Immediate Edge featured on Dragon’s Den?
There has been no mention of Immediate Edge on the British television show Dragons Den. Immediate Edge has never appeared on the show where business owners pitch ideas to famous entrepreneurs like Peter Jones.
Fact check. False. Dragons Den has never shown an episode where Immediate Edge has featured.
Is there an Immediate Edge 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 Vortex 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.
- Altrix Edge is a cryptocurrency trading bot that offers signals and automated trading for cryptos on the Ethereum blockchain.
- 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.
Our top robot trading tips for beginners
You should familiarise yourself with trading and cryptocurrencies before you start trading with the Immediate Edge platform. Trading cryptocurrencies is complicated, and these are the five steps our experts recommend should be followed.
- Learn about trading before you use a robot. If you are a beginner, make sure that you understand the basic schematics of cryptocurrency trading before choosing to use any trading platform. An expert can use this as a tool to fine-tune their trading strategy, but because Immediate Edge enables auto trading doesn’t mean you should use it without knowledge.
- Learn more about cryptocurrencies. Before trading a cryptocurrency such as Bitcoin, you should ensure a good knowledge of it and its value.
- Use the demo account to practice. It is advisable that whenever you sign up for a new auto trading platform, you use their demo account to familiarise yourself with the services offered. Many trading robots offer one, and you can set up trades and assess your trading performance before putting your hard-earned cash into the system.
- Try with small amounts and build up gradually. Always start trading in a small amount and gradually build your trading portfolio. Take out a certain percentage of profit each time to lower the risks. Trading success doesn’t happen overnight, and by keeping an eye on the long term, you’ll have a better chance of maximising the growth of your investments.
- Only invest what you can afford to lose. The first and the last rule of trading is only to invest what you can afford to lose. The cryptocurrency market is extremely volatile, and money can be made and lost quickly, so ensure you don’t take unnecessary risks.
Our final verdict on Immediate Edge
The Immediate Edge platform makes a variety of impressive claims about the effectiveness of its trading software and the success it has brought to its users. In light of that and the many Immediate Edge pros, we recommend it as a tool to help experienced traders improve their crypto trading.
Immediate Edge’s software can be useful as part of a broader trading strategy – it is possible to program the robot to scan the market and only enact specific trades. By setting up the trading robot this way, a trader can ensure that their strategy is working 24/7.
However, don’t completely rely on the Immediate Edge app or other auto trading robots as a way to generate profits from cryptocurrency trading. Like other Immediate Edge reviews, we couldn’t find any hard evidence to back up some of its most outlandish assertions. As a result, it pays to be cautious with the fully automated features.
Methodology: how we scored this Immediate Edge review
Helping people make better financial decisions is at the heart of our mission at Invezz.
We test each piece of trading software to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other platforms we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the robot, 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 trading software 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 & learning resources.
We work closely with the individual crypto 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.
Immediate Edge does offer automated cryptocurrency trading services, but at the same time makes some bold and unverified claims about the effectiveness of the trading robot.
The Immediate Edge platform uses technology like AI to facilitate automated trading in the cryptocurrency industry, scanning a vast amount of data to identify profitable trades in the market.
Once it finds a suitable trade, the robot automatically places that trade using a partnered broker platform.
Yes, it’s quick and easy to set up an account, and the registration and verification process on Immediate Edge is equally simple. On their form you are required to submit your details including name, contact number, and email address.
No, on the Immediate Edge trading platform, withdrawals happen in fiat currency.
In terms of it functioning as an automated trading robot, yes. However, it is highly unlikely the Immediate Edge platform is as effective as it claims in generating profits. Our Immediate Edge tests suggest any claim to be 98.9% accurate are too good to be true.
There are no fees or commission for live trading with Immediate Edge. This being said, a fee is generally levied through the broker food executing cryptocurrency trades on its platform, so you might find there are broker fees to pay when withdrawing your funds.
Before deleting your Immediate Edge account, you first need to withdraw your money from the broker’s platform into your bank account. Once the funds have been deposited, you can place a request to delete your account on both the broker’s platform and the Immediate Edge website.
According to our research, Immediate Edge does work, and enables its users to set up automated trading on cryptocurrency markets.
However, we were unable to verify some of the online rumours about the bot’s success rate.
Edwin James is the founder and current CEO of Immediate Edge. His background is in currency trading, where he made his fortune trading binary options, before turning to cryptocurrencies and setting up Immediate Edge.
Yes, there is an Immediate Edge mobile app. It’s available on both the Apple App Store and Google Play Store, and is completely free to download.
There is a minimum deposit of $250, which is required to set up and use the bot for the first time. After that, there are no minimum trade sizes, so you can trade as much or as little as you like.
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 >