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Immediate Momentum review 2024

Investing options: 4.1

Platforms & usability: 4.4

Products, markets, & assets: 4.2

Safety & reliability: 4.3

Deposits & withdrawals: 4.2

Research & analysis tools: 4.7

Fees & costs: 4.3

Education & learning resources: 4.4

Immediate Momentum review Summary

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Updated: Jan 19, 2024
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15 min read
Immediate Momentum is a cryptocurrency trading platform that places automatic trades for you based on rapid large scale analysis of real-time market data.

Immediate Momentum is one of many automated trading platforms that’s now able to analyse massive amounts of data using algorithms based on large language models (LLMs).

This Immediate Momentum review explores that technology to help you decide whether it’s worth your time and your money. Below, we dive into how much the software costs, what you can use it for and, most importantly, whether or not it’s safe.

Read on to find out more about whether Immediate Momentum is legit or a scam, and compare its key features before you sign up.

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 Momentum 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 Momentum 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 account manager will call to explain how to create an account and set up the bot.

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What is Immediate Momentum?

Immediate Momentum is an automated crypto trading robot that identifies and places trades on your behalf. When you sign up, you choose from a list of pre-determined trading strategies, set a risk profile, and then set the bot to work.

The robot’s actions are dictated by its understanding of the crypto markets, which have been honed by training the AI with machine learning algorithms. By analysing a vast amount of previous crypto price data, the AI understands how to recognise price movements and patterns in their earliest stages, and uses that information to place successful trades.

Immediate Momentum is primarily a crypto trading robot, but there are a couple of strategies that have been designed to work with other assets too. This aspect of the AI is still in development, as there is a lot more price data to work from in the stock and forex markets. However, early signs are promising that the bot may be able to generate long term profitability in those markets as well.

Pros & Cons

Pros:

Access automated crypto trading
Round the clock support service
Dedicated accounts manager
Low minimum deposit

Cons:

Immediate Momentum summary

FeatureImmediate Momentum
Supported cryptocurrenciesBTC, ETH, XRP, BCH, USDT, LTC, BNB, TRX, ADA, LINK, CRO
FeesNo Fees
Success rate94%
Minimum deposit$250
Mobile app?No
Withdrawal speed24 – 48 hours
Demo account?Yes
Leverage available1:400
Customer supportYes
Verification requiredYes
See more Immediate Momentum features
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About the Immediate Momentum platform

How does Immediate Momentum work?

The Immediate Momentum trading platform uses artificial intelligence (AI) to identify potential trades and uses a network of brokers for the final execution of buy or sell orders. The AI determines what actions to take based on real time market data. It then sends sell orders to a third-party broker automatically, where the trade is placed.

During all this, there is no human interaction. All the orders are sent from the Immediate Momentum website to its partner brokers run through APIs which execute the orders, cutting down on crucial time that is wasted by slow human reactions.

What assets and products can be traded on Immediate Momentum?

The Immediate Momentum software supports more than two dozen different cryptocurrencies. The asset portfolio includes popular digital assets like BTC, ETH, and BNB, as well as more exotic ones like SHIB.

The selection of available online currencies includes:

  • BTC
  • ETH
  • ADA
  • ALGO
  • AVAX
  • AXS
  • BCH
  • BNB
  • BUSD
  • CRO
  • DAI
  • DOGE

How much does Immediate Momentum cost to use?

According to the Immediate Momentum website, registration and use of its services are free. It does however take a small fraction of the profits made to fund its expenses and pay for the personal managers who help to run every Immediate Momentum account.

To use Immediate Momentum, you have to register an account with one of its partner brokers and deposit a minimum of $250. Every time the bot makes a trade you will also pay a commission, which is in the region of 1-2%.

What are the payment methods accepted by Immediate Momentum?

Since Immediate Momentum uses CFD (Contract For Difference) trading, it accepts fiat-based payments as well as online currencies. Currently, it accepts a number of different payment methods, including:

  • Bank transfer
  • Credit cards
  • Debit cards

Is there a Immediate Momentum app for both mobile and laptop-computers?

There is no Immediate Momentum app and it is accessible only from a web browser such as Chrome or Safari. Given that there are different versions of browsers, users can access the platform from a multitude of devices:

  • Desktop/PC and laptops
  • Android mobile devices
  • iOS devices

Immediate Momentum key features

Immediate Momentum comes with several features that help users understand the potential of the robot and how it can used to make trading gains. Things such as an intuitive dashboard, 24-hour customer support and SSL security makes it the perfect choice.

Here are some of the best features of Immediate Momentum:

For novices and experts

Designed with a user-friendly interface, Immediate Momentum allows all kinds of people to use its services, regardless of their trading skills. Immediate Momentum’s platform can help generate profits for novice traders just as easily as for the most experienced traders.

Demo trading

A dummy trading feature allows crypto traders to test the effectiveness of the Immediate Momentum trading system. This means you can test how the crypto robot uses various technical indicators to identify market trends, and test the different trading tools on offer without having to make a deposit first.

Accounts manager

Post signup, every Immediate Momentum user has access to a personal account manager, who can not only guide you through the Immediate Momentum registration process but also cater to any issues or queries a user may have about the service.

Trade other assets like forex and stocks

Immediate Momentum is primarily used for trading cryptocurrencies and online assets, with a particular focus on Bitcoin trading. However, the automated trading bot and its trading systems can be applied to other markets as well. That means you can use it in forex trading or stock investing. 

Which brokers can I use with Immediate Momentum?

The Immediate Momentum trading platform determines the best broker for you and suggests some options so that you can find a safe trading platform. All partners are regulated to ensure financial protection and as such, will require you to furnish personal data such as name, location, government-issued ID, and even proof of income. All data is protected under different privacy regulations.

Can I trade assets with leverage?

Immediate Momentum offers leverage of up to 4x to crypto traders, provided you make a minimum deposit of €250. Though the robot does offer higher profits, users need to be aware that using higher leverage also runs higher risks of losses. Users are advised to only use leverage if they fully understand the risks.

Can I open long and short positions with Immediate Momentum?

Yes, when using Immediate Momentum you can open long and short positions. This allows the robot to operate in all trend directions. When the automated software opens a long trade it means it expects prices to increase. When the bot opens a short position, it anticipates the market to move down. 

How do I get paid? What about payouts?

Immediate Momentum doesn’t place any restrictions on withdrawals. When you use the cryptocurrency robot it is connected to a trading platform brokerage. This means you can request withdrawals directly from the crypto platform you are using. Most of the time, your money will be back with you in 24 – 36 hours. 

What is Immediate Momentum’s customer service like?

Users of Immediate Momentum’s trading robot can access their accounts 24/7. Customer service is available around the clock too through different modes, including live chat, phone, and email. 

Safety and security

Is Immediate Momentum safe to use?

Immediate Momentum offers a high level of security thanks to features such as SSL encryption and support from world-renowned anti-virus and anti-phishing security firms.

At the same time, Immediate Momentum claims to only partner with regulated brokers who must comply with financial protection and other regulations to operate, meaning users of the trading robot are not only technically safe, but financial safeguards are also in place.

Is Immediate Momentum regulated?

No, Immediate Momentum itself is not regulated. The crypto bot is connected to a brokerage account via an API. Most brokerage accounts are well regulated and those in Europe have some of the strongest licences. CySEC are one of Europe’s biggest regulatory bodies and cover many platforms that Immediate Momentum is partnered with. 

Is my money protected on Immediate Momentum?

While you may be interacting with Immediate Momentum, you have to keep in mind that the robot does not store your money, but simply passes it on to its brokers who only take signals from it and orders are placed using the APIs.

As such, all funds are stored on broker accounts rather than on the Immediate Momentum platform and their specific security and local regulations will determine how protected your funds are.

Who owns Immediate Momentum?

Who owns Immediate Momentum is not entirely clear, although while conducting our research into the trading platform we discovered it was set up by a group of cryptocurrency traders and software developers with many years of experience behind them.

While the website does not provide the specific names that make up Immediate Momentum’s team, it is common for trading robot developers to remain anonymous, especially in the cryptocurrency space where privacy is an important factor.

What is the registration and verification process?

The registration process requires you to give basic information about yourself such as name, email and contact number, and you have to have a phone call with one of the Immediate Momentum personal account managers before you can access anything. 

While Immediate Momentum doesn’t ask for more information than that, its partner brokers may require more information before you can start crypto trading. You may have to provide a source of income or government-issued ID to comply with KYC (Know Your Customer) regulations.

Below we’ll run you through the steps to start trading with Immediate Momentum. 

How to start trading with Immediate Momentum

Step 1. Create an account with Immediate Momentum

Head over to the Immediate Momentum website and fill in the registration form. You only need to give your name, email address and contact number. Then you are assigned a personal account manager to help you through the rest of the set up process.

Step 2. Make minimum deposit of $250

Follow the instructions to deposit your funds. Depending on the broker you are assigned, you may need to give additional information about yourself under KYC and AML regulations.

Step 3. Set up your Immediate Momentum trading system

After you have signed up and deposited funds its time to set up your trading indicators and trading system. When doing this you will be able to select the number of coins you want the automated software to trade. Its a good idea to select a few so that you create an asset portfolio that spreads your risk across different options.

Step 4. Adjust risk management settings

To make sure you don’t lose all of your money, make sure you adjust your risk settings. Risk management is a key component of any automated trading software, so it will pay to take your time during this stage. We highly recommended that you keep your risk tolerance low at the beginning.

Step 5. Start investing with Immediate Momentum

Use the demo feature to test out how the robot finds profitable trading transactions, or head directly to real trading to start making live trades. Put in your risk criteria and let the Immediate Momentum trading platform take care of the orders.

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Immediate Momentum claims to have been endorsed by numerous celebrities, including Elon Musk. However, there is no evidence he is involved in the trading system in any way. Elon Musk has never mentioned Immediate Momentum nor claimed to have invested in it at all.

Here are some more fact checks on Immediate Momentum’s celebrity endorsements.

Is it true that Bill Gates endorsed Immediate Momentum?

No, Bill Gates has never endorsed Immediate Momentum. Bill Gates is one of the worlds richest men and founded technology giant Microsoft. Despite online rumours, there is no confirmation that Bill Gates endorses or uses Immediate Momentum. 

Fact Check. False. Bill Gates does not endorse Immediate Momentum. 

Is it true that Ant McPartlin uses the Immediate Momentum website?

Our researchers have found no evidence that Ant McPartlin uses the Immediate Momentum website. Ant McPartlin is part of the famous duo, Ant and Dec who are well known television presenters in the United Kingdom. 

Fact Check. False. Ant McPartlin does not use the Immediate Momentum website. 

Dragons Den has never featured Immediate Momentum in any of its episodes. Dragons Den is a popular prime time television show where budding entrepreneurs showcase their business ideas in front of a panel of prominent experts in hope of securing funding. 

Fact Check. False. Dragons Den has never shown an episode featuring Immediate Momentum

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Is there a Immediate Momentum 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

Follow these top tips to help you get the best out of the Immediate Momentum software. Learn how to identify trading opportunities and use the robot to hone your trading activities.

  1. Familiarise yourself with trading. Trading is a complicated process and even if your planning to use automated software its a good idea to understand the basics at the very least. 
  2. Understand cryptocurrency space. The cryptocurrency market is still fairly new and changes can happen very quickly. Its helpful if you take the time to get to know the space and learn about coins like Bitcoin. 
  3. Practice with a demo account. Just because a crypto robots website says you will make lots of money doesn’t mean you will. Before you start using a bot, make sure you practice on a demo account so you don’t risk any money. 
  4. Start small and build gradually. As your knowledge and experience of the Immediate Momentum robot grows you can add to your risk. But you should always start of slow and build gradually.  
  5. Only invest what you can afford to lose. Cryptocurrency trading robots are volatile and it is possible to lose all of your money. So never invest more than you can afford to risk. 

Our final verdict on Immediate Momentum

Immediate Momentum uses advanced technology to provide trading software that can help you to become a better crypto investor. Thanks to its use of AI, Immediate Momentum claims to be able to react to market trends faster than humans and place profitable trades on behalf of its users.

Many of Immediate Momentum’s highlights appear to be legit, although we struggled to verify some of its claims. For instance, it makes bold claims about how much profit you can make per day, which are difficult to verify and do not mention how much of an investment is required to generate it.

Similarly, the platform claims to charge no fees and to be free to use, but you have to make an initial deposit of $250 to use Immediate Momentum, and you may be charged trading fees by third-party brokers.

We recommend first signing up for the Immediate Momentum demo account before you deposit any money. That way, you can test to see if the profits match up to the platform’s claims in reality. At the same time, make sure to familiarise yourself with cryptocurrency and the crypto markets so that you are best placed to adjust your trading strategy as and when needed.

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Methodology: how we scored this Immediate Momentum review

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We test each auto trading platform to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other crypto robots 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 robot 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 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 & learning 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

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Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.

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