Immediate Peak review 2024
Investing options: 4.6
Platforms & usability: 4.2
Products, markets, & assets: 4.7
Safety & reliability: 4.3
Deposits & withdrawals: 4.4
Research & analysis tools: 4.4
Fees & costs: 4.1
Education & learning resources: 4.2
Immediate Peak review Summary
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This Immediate Peak review looks at the auto trader in detail. Our team of experts have investigated the service and you can find out everything you need to know before signing up on this page. We’ve tested the bot’s claims of high accuracy, explored what markets it works on, and tested its performance in volatile markets.
We’ve also investigated its results since the launch of the latest Bitcoin ETFs to help determine if the new influx of money has impacted the autotrader’s performance.
We know numerous websites that 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 their available services upon registration.
Based on our research, Immediate Peak 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 Peak offers 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.
What is Immediate Peak?
Immediate Peak is an automated cryptocurrency trading bot for placing Bitcoin trades. The robot is trained to spot patterns in BTC price movements and then place trades to exploit them.
All of this price discovery, analysis, and trading takes place automatically. Your role is to set up an account and set guidelines that the robot should follow, but you don’t have to do any trading yourself. Once you’ve chosen a strategy and a risk profile, you can leave the robot to get on with the job.
Immediate Peak is designed primarily for Bitcoin trading, but its algorithms also work for a small number of leading crypto tokens as well. That makes it one of the most beginner-friendly crypto robots, focused on the tokens with the least price volatility and the highest floor, to reduce the risk of significant losses.
Pros & Cons
Pros:
Cons:
Can I open an account with Immediate Peak?
Yes, residents of United Kingdom can open an account with Immediate Peak.
No, residents of United Kingdom cannot open an account with Immediate Peak. Consider trying our best-rated broker in , . Find the best broker in
Immediate Peak summary
Feature | Immediate Peak |
---|---|
Supported cryptocurrencies | BTC, ETH, XRP, DASH, XMR, BCH |
Fees | No fees |
Success Rate | 93% |
Minimum deposit | $250 |
Mobile app | Yes |
Withdrawal speed | 24 Hours |
Demo account | Yes |
Leverage available | 1000:1 |
Customer support | Live chat, email, phone |
Verification Required | Yes |
Regulations | Yes, CySEC regulated broker partners |
About the Immediate Peak platform
How does Immediate Peak work?
Immediate Peak’s automated trading system uses artificial intelligence to spot patterns and market trends in live trading data of Bitcoin, Ethereum, and other cryptocurrencies. It connects with a partnered broker to place trades automatically using the data it has gathered analysing the crypto market.
Signals are sent to the partnered broker via an API, and the crypto robot automatically opens and closes positions on the broker’s online platform to generate profits for its users.
What assets and products can be traded on Immediate Peak?
While it’s natural to assume the Immediate Peak robot only lets you trade just Bitcoin, it is not limited to the world’s most famous cryptocurrency. In addition to Bitcoin, this automated system allows you to trade a range of online currencies within the cryptocurrency market, including:
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Dash (DASH)
- Monero (XMR)
- Bitcoin Cash (BCH)
How much does Immediate Peak cost to use?
While the Immediate Peak app doesn’t charge additional costs and fees, you might find that some of your trading amounts will be deducted by a third-party cryptocurrency broker, with which the robot places trades on your behalf. The fees will depend on the broker’s terms and conditions, although our research indicates that you will pay between 1% – 2%.
What are the payment methods accepted by Immediate Peak?
To use Immediate Peak’s crypto trading robot, you must first make the $250 minimum investment to the platform. You can do this using the following payment methods:
- Credit card
- Debit card
- Bank transfer
Is there an Immediate Peak app for both mobile and laptop computers?
Yes, there is an Immediate Peak app which you can use on desktop or laptop computers and download to a mobile device. The Immediate Peak mobile app can be downloaded from the Apple app store and onto Android devices. To use the crypto trading service on your computer, you will not need to download an app and can access it directly from a web browser.
Here’s a list of available devices for the Immediate Peak app
- Desktop computers
- Laptop computers
- Tablets
- Smartphones (both iOS and Android)
Key features of Immediate Peak
The Immediate Peak trading platform shares many similarities with other Bitcoin robots, but it does have some features that make it unique, which you can find below.
Trade with leverage
You can use the Immediate Peak trading platform with its partner brokers who offer leverage up to 1000:1. For every £1, you can access up to £1000, allowing you to trade much larger positions than you have money in your account.
User-friendly software
The Immediate Peak app has an extremely easy-to-use interface and its trading software requires little technical knowledge to set up. You can set up the robot’s trading parameters in less than half an hour and adjust them whenever you like.
Free demo account
When you sign up with the Immediate Peak software, you can use its trading software on its free demo account. Using demo funds to practice is a top way to determine if the robot is the right fit for you. Additionally, you can change its trading parameters and adjust other settings without risking any of your money in a live account.
Manual trading features
If you’re an experienced trader or have a profitable strategy, then you can use the services of Immediate Peak to automate your trading completely. With a few changes to its settings, the bot can easily be adapted to take trades according to your system automatically.
Which brokers can I use with Immediate Peak?
The cryptocurrency brokers you can use with Immediate Peak’s robot will depend on the platforms they have connected via an API. The full list isn’t publicly available but is likely to include names such as FXTB, Investous, and EuropeFX, which allow you to trade the cryptocurrency market.
Can I trade assets with leverage?
Yes, the Immediate Peak website allows for leveraged trading of cryptocurrencies. This is because it partners with several CFD brokers that allow for leveraged trading, and the platform’s crypto robot can use these techniques as part of its automated trading capabilities.
You should always be careful before trading with high leverage, especially when placing trades in the cryptocurrency markets with a robot. This is because while leveraged trading can lead to larger gains, it can also maximise losses.
Can I open long and short positions with Immediate Peak?
Yes, Immediate Peak’s advanced automated trading robot will open both long and short positions on your behalf – depending on which way it sees the cryptocurrency market moving. To sell something short is also called ‘shorting’ and means betting that the asset will go down in price and is a way of making money even when markets are falling.
How do I get paid? What about payouts?
Any withdrawals must be made from the brokerage account with which the robot is connected. This is because the trades are not made on Immediate Peak’s platform but with the broker connected to the robot with an API.
To withdraw your money, simply:
- Navigate to the broker’s platform
- Log in
- Click ‘withdraw’
- Enter the amount you wish to withdraw
- Give your bank details
- Click ‘confirm’
The money should be delivered to you within 48 hours.
What is Immediate Peak’s customer service like?
Immediate Peak’s customer service team is available 24/7 to registered users. You can contact the team via both live chat and email, and a team member will call you immediately upon registration to help you set up the automated trading services of the robot.
Safety and security
Is Immediate Peak safe to use?
Yes, while testing the Immediate Peak platform, we found no issues with security. It uses SSL encryption and anti-virus and anti-phishing measures to keep users safe. Its partner brokers are also all regulated, which means they adhere to strict rules regarding security.
Is Immediate Peak regulated?
No, Immediate Peak is not regulated. It’s a trading software and there are no requirements for it to be regulated. It partners with brokers who are regulated and licensed in Europe by CySEC, which is one of the leading regulators within the region.
Is my money protected on Immediate Peak?
You don’t deposit any money with the Immediate Peak account, rather you deposit funds with one of its partner brokers. As we just mentioned, its partner brokers are regulated by CySEC, one of Europe’s largest regulatory bodies. One benefit of trading with a CySEC-regulated broker is the compensation scheme on offer, which protects your money if a broker was to go bust.
Who owns Immediate Peak?
The official Immediate Peak website lacks any information about the owners and creators of the cryptocurrency robot. Many rumours online have surfaced claiming Immediate Peak is owned by a well-known celebrity. However, there has been little evidence to support this.
During our investigation into Immediate Peak, our experts discovered the platform is owned by a team of cryptocurrency traders and software developers with many years of experience. It is common practice for developers of trading robots to remain anonymous, especially in the crypto space, where privacy is an important factor.
What is the registration and verification process?
The registration process on Immediate Peak is quick and easy. You simply need to provide your name, email address, and contact number and set a password. Once this is done, you’ll receive an email with a confirmation link to click and then you’re ready to start trading using the cryptocurrency robot.
How to start trading with Immediate Peak
Step 1. Create an account with Immediate Peak
Head over to the Immediate Peak website and fill in the registration form on its home page. This very quick step will only take a few minutes as you’re just required to provide your basic contact information.
Step 2. Make a minimum deposit of $250
To start autotrading with Immediate Peak, you have to make a minimum investment of $250 in the trading interface. Alternatively, you can use its demo feature to navigate different options from its trading dashboard.
Step 3. Set up your Immediate Peak automated trading system
The Immediate Peak trading account has many settings you can change to fit your requirements. You can choose what coins you wish to trade, how often you want the bot to trade, and several other parameters. Taking your time at this stage is important so you won’t need to make many adjustments later.
Step 4. Adjust risk management settings
To make sure you don’t lose too much money on the trading market it’s recommended you adjust the risk management settings for the robot. If you want to gamble, you can set it high, although it’s best to start slowly and build as you go along.
Step 5. Start investing with Immediate Peak
Before you start investing with Immediate Peak, you may want to consider using a demo trading account. Doing this allows you to test the cryptocurrency bot in live market conditions without risking any live funds.
Has Immediate Peak been recommended by celebrities or appeared on TV?
There has been speculation online that the Immediate Peak trading app has been used and endorsed by several high-profile celebrities. We could find no evidence that any of these claims are true, and below you’ll find a fact check of the three celebs and TV shows that have been most prominently rumoured to be associated with the platform.
There have been numerous other celebrities and public figures rumoured to be linked to this trading robot, but here we have looked into only the three most commonly mentioned.
Has the platform ever appeared on Dragons Den?
No, Immediate Peak has never appeared on Dragons Den or been endorsed by any of the individual ‘dragons’. Dragons Den is a popular British TV show on which entrepreneurs have the chance to pitch their business ideas to a panel of wealthy investors, hoping to entice one of the group (known as ‘the dragons’) to invest in their idea.
Fact check: False. Many different platforms have speculated that this platform had been one such business seeking investment, but we investigated this and found it not to be true.
Is it true that Ant McPartlin endorsed Immediate Peak?
It is not true that Ant McPartlin has endorsed the trading app, no. Half of Britain’s much-loved presenting duo ‘Ant and Dec’ with Declan Donnelly, Ant McPartlin is one of the UK’s best-known TV stars.
Fact check: False. Despite various online assertions, he has never been associated with Immediate Peak in any way.
Does Connor McGregor use the Immediate Peak website?
No, famous Irish UFC fighter Connor McGregor has never used or spoken about the Immediate Peak platform publicly. Former Ultimate Fighting Championship featherweight and lightweight champion McGregor has been a rather controversial figure in recent years and has rarely been out of the public eye.
Fact check: False. There have been stories linking McGregor to crypto investing and to Immediate Peak, but these reports are incorrect.
Is there an Immediate Peak 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
Even if trading using a cryptocurrency robot, you need to take the time to understand how cryptocurrency trading works. You never want to invest in something you don’t understand, even if you are using automated software. Always bear the following in mind when you start your trading journey.
- Familiarise yourself with trading. Knowing the basics of trading will help you better understand how the robot works and how best to utilise it. Take our cryptocurrency trading courses to find out everything you need to know and speed up your learning journey.
- Understand cryptocurrency space. The more you know about cryptocurrency, the better you can spot opportunities to make money trading markets. The learning process for the crypto industry can be slow, so bear that in mind.
- Practice with a demo account. Using a demo account allows you to gain trading experience and learn how Immediate Peak’s website works before risking any of your money in the markets.
- Start small and build gradually. When you’re just starting, you’re bound to make mistakes. Because of this, start making small crypto trades and then increase your investment as you gain more experience.
- Only invest what you can afford to lose This is the most important thing when investing in the cryptocurrency market. Nobody is guaranteed to make money when trading, and so never invest more than you could lose without it impacting your quality of life.
Our final verdict on Immediate Peak
Immediate Peak provides an automated trading robot that allows both novice and advanced traders to participate in cryptocurrency markets. However, users should approach the platform’s lofty marketing claims with healthy scepticism, as its system has not been officially endorsed by celebrities and cannot guarantee unusually high returns.
While Immediate Peak may not make you wealthy overnight, its algorithm can execute preset or customised crypto trade strategies based on your preferences and market analysis. This enables hands-off automated trading around the clock without requiring constant manual oversight.
We advise first-time users to try Immediate Peak’s demo mode to better understand functionality before trusting real funds to the robot. Although automation may seem foolproof, market volatility brings innate risks, so learning is key to making informed investment decisions. To maximise the potential benefits of Immediate Peak, educate yourself on broader financial markets, Immediate Peak AI technology, and its partners facilitating trade execution.
Methodology: How we reviewed Immediate Peak
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 Peak a scam or is it a legit trading robot?
In the sense that the platform gives access to a cryptocurrency trading robot with automated trading functionality, Immediate Peak’s services work as described. However, the claims the company makes about its effectiveness are entirely bogus and should not be believed. You will not make thousands of pounds in a short space of time with the robot.
If you’re going to use Immediate Peak’s services to trade crypto assets, you should do so by setting your own trading parameters on the robot. This way you can use it as a tool to aid your trading strategies, rather than a ‘get rich quick’ solution.
Is it easy to open a Immediate Peak account?
Yes, it is quick and easy to open an account on Immediate Peak. All that is required is a name, email address, contact number, and password. Typically filling in the registration form only takes about half an hour and then you’re ready to start crypto trading.
Can I withdraw cryptocurrency from Immediate Peak?
No, you cannot withdraw any cryptocurrencies from Immediate Peak. This is because the robot makes trades with partnered brokers which use CFD trading to speculate on the crypto market. As such all payouts are made from the broker and in fiat currency.
Is Immediate Peak a scam or an MLM?
It depends on your perspective. Immediate Peak does offer robot trading services on the crypto market as described, but at the same time the platform makes clearly bogus marketing claims – such as the ability to become a millionaire in months and that it has won trading awards (we could not find any evidence of this).
Does Immediate Peak really work as described?
The platform’s automated trading robot does trade cryptocurrencies without the need for human intervention, but there is no way that it is as successful as it claims. Near 100% accuracy when placing trades is impossible and you will not see this level of success if you use Immediate Peak. It can be used for portfolio management for your crypto assets, or to automate your own strategy.
How much does it cost to use Immediate Peak?
There are no fees for using Immediate Peak, but you might face withdrawal fees when trying to get your money out of the broker with which it places trades. What fees may be involved on the broker side aren’t clear and are not listed on the Immediate Peak website. During the registration process, you won’t have to pay any money.
How do I delete my Immediate Peak account?
Deleting your Immediate Peak account involves two steps: closing your account on the platform itself, and closing the broker account that is set up for the robot to place trades. You should email Immediate Peak and let them know you wish to cancel your membership, then withdraw your money from the broker and click ‘close account’.
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