Immediate Connect Review (2024): Checking The Fact

Is Immediate Connect Legit or Scam?

Immediate Connect is a scam broker, not a legitimate trading platform. This review will expose the red flags and deceptive practices employed by Immediate Connect, helping you avoid falling victim to their schemes.

Company Overview

Services or Products

Immediate Connect claims to offer trading in various assets, including:

• Forex currency pairs
• CFDs on popular assets (indices, commodities, stocks)
• Cryptocurrencies (BTC, ETH, XPR…)

However, due to their unregulated nature, these claims cannot be verified, and the platform’s functionality is highly questionable.

If you have lost money to companies like Quantum AI, or Fin Venture; please report it to us on our report a scam form.

Trading Platform & Leverages

Immediate Connect boasts a web-based platform, but its functionality remains unclear. They also advertise a mobile app, but its legitimacy is suspect. Additionally, they offer a maximum leverage of 1:100, which is standard but should be approached with caution due to the inherent risks involved.

Spreads and Cost of Trading

Immediate Connect claims to have no fees for withdrawals, deposits, or even trading, which is highly improbable and a common tactic used by scam brokers to lure unsuspecting victims.

License and Regulations

Immediate Connect operates without any regulatory oversight. This makes them illegal and dangerous to deal with. They are blacklisted by the Spanish regulator CNMV, further solidifying their untrustworthiness.

Legal Warning Against Immediate Connect

The CNMV’s warning against Immediate Connect highlights the platform’s lack of authorization to offer financial services in any ESMA-regulated region. Dealing with an unlicensed broker exposes you to significant risks, including:

• Loss of funds: Scam brokers often steal deposited funds and refuse withdrawals.
• Manipulation: They may manipulate trading conditions to ensure you lose money.
• Lack of recourse: In case of disputes, you have no legal grounds to claim your losses due to their unregulated status.

Deposit and Withdrawal Methods

Immediate Connect supposedly accepts deposits and withdrawals through various methods like credit/debit cards, wire transfers, crypto, and e-wallets. However, due to their unregulated nature, the security and functionality of these methods cannot be guaranteed. Additionally, their claim of instant withdrawals is likely false.

Immediate Connect Pros and Cons

Why Dealing With An Unlicensed Broker Is Risky

Dealing with an unlicensed broker like Immediate Connect exposes you to numerous risks:

• Loss of funds: They can steal your deposited money and disappear.
• Manipulation: They can manipulate trading conditions to ensure you lose money.
• Lack of recourse: You have no legal recourse in case of disputes.
• Exposure to fraud: They may employ various fraudulent practices to exploit you financially.

Client Feedback

Immediate Connect has negative reviews on Trustpilot, with users reporting suspicious withdrawal issues and difficulty recovering their funds. These experiences further highlight the platform’s scam nature.

How Can “ReviewsAdvice” Help You If You Get Scammed?

While “ReviewsAdvice” cannot guarantee to recover lost funds, they claim to:

• Report the scammer to authorities.
• Explain the chargeback process for potential recovery.
• Offer assistance in tracing crypto transactions.

However, it’s crucial to remember that these services may not guarantee success, and seeking legal advice is always recommended in such situations.

We will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report to us today by the below form.