Immediate Connect is one of those websites whose ads you constantly see on social media. The firm promotes crypto investment through its proprietary platform.
However, we found many negative comments which have led to this Immediate Connect review. We aim to expose their scheme and assist you with monetary recovery.
Company status: | Unregulated Company |
Regulated by: | No regulation |
Scammers Websites: | Immediateconnect.com |
Blacklisted as a Scam by: | CNMV |
Owner: | N/A |
Headquarters Country: | N/A |
Foundation year: | 2021 |
Supported Platforms: | Proprietary app |
Minimum Deposit: | $250 |
Cryptocurrencies: | Yes – BTC, XRP, ETH |
Types of Assets: | Cryptocurrencies |
Maximum Leverage: | N/A |
Free Demo Account: | Yes |
Accepts US clients: | Yes |
Site Grid: | Immediate-connect.comThe-immediateconnect.com |
Is Immediate Connect a Regulated Financial Intermediary?
Immediate Connect claims to offer a proprietary platform for crypto trading. The company says to employ various algorithms and features enabling you to predict BTC prices and the price of other digital coins.
However, they have no license to offer financial services. What’s more, we’ve learned from user reviews that they don’t actually provide services themselves but connect you to unregulated brokers such as Sollari, who are then providing you with trading software.
This means you’re dealing with bogus firms, hoping to earn some money. It’s clear why avoiding Immediate Connect and similar frauds such as VastWealth is essential.
Warnings Issued by Financial Authorities
We’d like to show you official proof since we already explained how this unregulated intermediary solicits investors. The Spanish regulator, CNMV, warned against Immediate Connect in May 2023.
According to this notice, immediateconnect.org is not authorized to provide investment services. Hence, it does so without being licensed, violating every country’s monetary laws.
Traders’ Opinions About Immediate Connect
We’ve checked Trustpilot for Immediate Connect reviews. There are two sites that got comments, and both of them rated bad with 1.5/5 stars.
All the users indicate that they have been harassed and called from numerous numbers, which makes sense if the company is selling out your details. Furthermore, those who deposited the initial amount were connected to fraudulent brokers and scammed out of their hard-earned money.
“This company is a total scam. They are using fake websites and celebrities’ names and photos to give the impression of false endorsements. Don’t even go near them.” – Trustpilot User, Apr 6, 2023
Where Does the Broker Operate? – Countries Of Service
Now that we know how the Immediate Connect scam was perpetrated, let’s see where the victims came from. According to traffic analysis, the majority of those who have signed up come from:
- France,
- UK,
- Australia,
- Netherlands,
- Canada.
One of the first domains we found was registered in 2021, while others emerged after. Clearly, the scheme is trying to hide by changing domains so you won’t connect negative reviews to their name. Don’t fall for this cheap trick.
How Does the Scam Work? – Deceptive Tactics
Once you sign up for the Immediate Connect ad, your name will end up in their system. Then, sales agents will call and try to sell you a dream. They’ll try to convince you that you can make thousands of dollars from as low as $250 investments.
These ads include endorsements of various celebrities, such as Elon Musk, Jeff Bezos, and many others. It all depends on where you come from and which star is popular in your country. Needless to say, no famous people support this fraudulent crypto project.
Then, if you reject, they’ll sell your details to multiple broker companies they cooperate with, which is why you’ll receive tons of calls from different numbers. Each time, another person will try to say something you haven’t heard before and promise you more things, only to get ahold of your money.
If nothing works, you’ll probably need to change your phone number because they surely won’t give up.
Immediate Connect Trading App
Immediate Connect says it offers its own proprietary trading platform. Allegedly, it contains a number of features that will help you trade and earn profit. However, they don’t elaborate much on all the special tools they use.
It’s well-known that broker-owned apps can easily be manipulated. The firm can steal your money or change the outcome of your trades. If you’ve ever heard of an infamous margin call, it usually comes as a result of broker manipulation.
All in all, you’d do fairly better sticking to regulated brokers with third-party software such as MT4, MT5, or cTrader.
What Can I Trade With a Broker?
This investment firm only offers crypto trading. You can get access to various digital coins, such as BTC, ETH, XRP, and more. However, we advise against any investments.
So far, it’s clear that dealing with Immediate Connect won’t bring you profits but only headaches. If you’re into crypto trading, plenty of regulated companies and crypto exchanges can help you trade safely.
Can I Use a Demo Account?
In addition to a live account, you can test the software through a Demo account. It’s a risk-free option to help you understand how the software works.
Yet, with everything so far being bogus, we think this trial account is also a lure. You will see fake profits, build confidence, and then be robbed.
How Can I Get a Withdrawal?
Getting withdrawals from unregulated brokers and financial intermediaries is never easy. This company says to accept the following payment methods:
- PayPal,
- Wire transfer,
- Debit/credit cards.
However, they have no dedicated Withdrawal Policy or any special clauses in their T&C. This doesn’t surprise us, considering that they’re just an affiliate connecting you to other brokers. These are the people that should approve your withdrawal request. And, considering their unregulated status, it’s doubtful it would happen without legal aid.
What Should I Do If I Have a Problem With Immediate Connect?
Let us know if you’re experiencing any issues with the money you invested through the Immediate Connect scheme. Our chargeback experts can assist you with this matter and help with monetary recovery.
Don’t give up on what’s rightfully yours. Book a free consultation with our specialists and allow us to evaluate your case. We’ll then be able to provide you with a detailed plan for fund recovery. Yes, it’s possible, but you need to act quickly!
What Is Immediate Connect?
Immediate Connect poses as a crypto trading broker when in fact, it serves as an affiliate for scammers.
Is Immediate Connect Regulated?
Immediate Connect is anonymous and unregulated, not providing us with information about the owner or legal jurisdiction.
What is the Minimum Investment With Immediate Connect?
The website states that you can start investing with $250.