Last Updated on August 26, 2024 by Stephan Lindburg
Hello and welcome to our Immediate Connect review and scam investigation. Immediate Connect is advertised as a new signals app which automates the trading process by implementing stack applications for factorial calculations. In the Immediate Connect sales page, it is stated that this trading robot uses artificial intelligence technology to sort buy and sell orders for cryptocurrency contracts in a highly efficient and seamless manner.
It’s worth stating that Immediate Connect has been endorsed by some of the most devious and unethical review websites in the online trading industry. In fact, true to now ScamCryptoRobots.com is the only website which will provide you with a different opinion. Plainly stated, we believe that Immediate Connect is a scam, and our research staff has gathered substantial evidence in order to validate this claim.
Immediate Connect Broker Check: When we registered to conduct our €250 deposit test, the broker which integrated with our account was named “FX Central”. This broker has a registered business address in Moldova of all places. Moldova is a former member state of the Soviet Union, and has a very questionable reputation when it comes to offshore banking for foreign businesses. This is why it made total sense that a sales rep with a Russian accent called us and asked us to invest an additional €5,000 “if we wanted to make some real money”.
It goes without saying that we didn’t invest an additional cent with these charlatans. In fact, we proceed to initiate a withdrawal request. To read about what happened after we placed our request, scroll down to the lower section of this Immediate Connect review. Just make sure to have a bucket close by in case you get a sudden urge to vomit.
Alright, still keen on investing with this fraudulent trading platform? Before you pull our your credit card we strongly caution you against it. We tried it and lost all our money in about 20 minutes. So take a minute and read this informative Immediate Connect review. You can thank us later if you want to.
Official Immediate Connect Website, Login Page, and Members Area: So far we have found 10 (Ten) websites claiming to be “official”. They are all fraudulent.
Proof Of Scam
Contents
- 1 Proof Of Scam
- 2 Immediate Connect Fake Testimonials
- 3 Fake Immediate Connect Reviews
- 4 Immediate Connect Fake News
- 5 What Is Immediate Connect and How Does It Work?
- 6 Immediate Connect Review: All The Glitter But No Gold!
- 7 Our €250 Deposit Test: Experience, Comparisons, And Opinions
- 8 Testing Methodology
- 9 Backtesting And Strategies
- 10 Pros and Cons
- 11 Patenting And Regulation
- 12 Security And Safety
- 13 Confidentiality Of Personal Information
- 14 Immediate Connect: Don’t Believe Everything You Read!
- 15 Leverage
- 16 Cryptocurrency Exchanges
- 17 Crypto Mining
- 18 Arbitrage Versus CFD Bots
- 19 Deposits And Withdrawals
- 20 Immediate Connect On Trustpilot, Reddit, and Other Forums
- 21 Bonuses, Perks, and Various Incentives
- 22 Immediate Connect FAQ
- 23 Taxes
- 24 Recommended Alternatives
- 25 Immediate Connect: The Verdict
So here we can see the Immediate Connect primary website and registration form. Please make sure to look at the content, forms, texts, and fonts.
Now take a peak and the image below. It’s quite plain to see that Immediate Connect is a copy/paste job and cloned by scammers for the purpose of monetary gain.
Immediate Connect Fake Testimonials
This fake app has been cloned several times. One of the formats has a testimonial section which is taken right out of the scammers manual. You can clearly see here that it’s all completely forged and duplicated.
Fake Immediate Connect Reviews
We are completely appalled by the amount of fake reviews that have sprang up like mushrooms after the rain. We have a grievance with one particular network which has been called out by a variety of non profit organizations and labeled as “scammers”. We urge you to conduct proper due diligence and refrain from accepting advise from websites that only endorse every system they review. It’s highly unlikely that every system performs as advertised. A hefty dose of skepticism and restraint is required before committing funds.
Immediate Connect Fake News
We have spotted a fake Immediate Connect news article which is using Swedish journalist Jenny Strömstedt for promotional reasons. However, scammers will mostly use celebrities such as Cyril Hanouna, Alan Kohler,, Matthieu Delormeau, Gaylene Preston, Larry Emdur, Rebel Wilson, Mikkel Kryger, Mirjam Weichselbraun, Cathy Hummels, Ida Wohlert, Stefan Persson, Christian Lindner, Jana Krause, Ebba Busch, Anthony Di Lorio, Clint Stanaway, Stefan Quandt, Terri Raines, Donald Trump, Karl Stefanovic, Samantha Armytage, Arto Nyberg, Michael Rowland, Eric Schmidt, Alan Carr, Anthony Albanese, Matthias Schoenaerts, Tesla CEO Elon Musk or Amazon Chairman Jeff Bezos for these purposes. However, your geographical location is the deciding factor regarding which celebrity or wealth guru is used.
For example, if you are in the United Kingdom, you may see a fake ad on Facebook using Martin Lewis. But Australians or Canadians will usually see ads with Justin Trudeau or Walleed Ally.
What Is Immediate Connect and How Does It Work?
The Immediate Connect scam is advertised as a signals app which uses automation to exploit gaps or discrepancies in buy or sell orders. This trading platform supposedly uses artificial intelligence technology to power the software. In reality, this is merely a lie. There is no software which powers the app. Users are enticed to join using a fancy website which is full of fake claims, lies, and half-truths.
Immediate Connect Review: All The Glitter But No Gold!
First of all let’s start off by saying that this review is most definitely not an advertorial. Secondly, as opposed to other seemingly legitimate websites, we take full responsibility for the content we provide in this review. Now lets get into the nitty gritty of this latest farce. When we completed our registration the first thing we saw was a broker trading panel. There was no software or for that matter any type of external signals dashboard which was made available to us.
Moving forward, we were practically mauled over the phone by a very rude and demanding individual who presented himself as Troy Salinas. Troy told us that unless we invest an additional €5,000 they would have to shut down our account and freeze the funds. However, if we do invest we were told that our money and any additional winnings would be guaranteed.
Of course, this person (whoever he is) is a very distinguished liar and con artist. But we are used to these types of pressure tactics and very calmly told Troy that we were not willing to invest unless we see some type of return on our investment. When Troy understood that we were not willing to re-invest, he started becoming very irritable and practically started yelling at us. It really was quite an ordeal and for that reason we can’t recommend Immediate Connect to anyone.
Our €250 Deposit Test: Experience, Comparisons, And Opinions
When it comes to navigation or ease of use the Immediate Connect scam signals platform receives a very low trust score. That’s primarily due to the fact that there is no software to begin with as we have previously mentioned. For that reason, anyone who claims the software is profitable or generates money on auto-pilot is basically trying to deceive you. Now let’s try and compare this fake app to a legitimate system. The very basic or standard tools that any user gets access to include strategies, technical indicators such as stochastics or Fibonacci, and additional features such as stop-loss. None of this exists anywhere and there’s a reason for that.
We also checked the assets index and noticed that there were quite a few important assets missing. For example currency pairs USD/BTC, DAX, BTC/ETH, and BTC/XRP were not available. Another parameter we checked is lag in contract expiry times. We used a measuring tool which indicated to us that there are serious discrepancies and lag. This means the whole trading arena is rigged and there is someone controlling the success ratio.
Testing Methodology
Here is a small chart we have added which outlines the major criteria we check when inspecting new apps like Immediate Connect.
Summary | Synthesis |
---|---|
Performance Testing | Deploy testing environments. |
Legal/Regulation Check | Is the app licensed or patented? |
Follow The Money | Who are the profiteers? |
Fact Checking! | Cross-check and verify the information. |
Cashier Inspection | Is it possible to withdraw funds? |
There are additional parameters, however for the sake of efficiency and lack of space we decided to focus on the main ones.
What Other Review Websites Are Saying
Here are some excerpts about what other websites are saying.
- We found Immediate Connect to be a highly profitable trading software.
- Here’s a new app that provides highly accurate signals to your desktop or mobile device.
- What a wonderful way to start out trading and generating profits daily.
Of course, these claims are highly manipulative and the websites who are making them have a hidden agenda you are not aware of. Simply put, they will do or say anything on order to have viewers register and fund a trading account through one of the campaign links on their website. This is done so the site owners could receive affiliate commissions.
Backtesting And Strategies
Immediate Connect does not offer any type of back testing. That means we are not privy to any comparative or historical data associated with the app. Additionally, no strategies or technical indicators are made available as we have already mentioned.
Pros and Cons
Here is a small table with the main pros and cons associated with Immediate Connect.
Pros | Cons |
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We intentionally kept it small and super easy to understand.
Patenting And Regulation
This software is not licensed or regulated in any way. We contacted the support staff in regards to this question and received no answer. We searched on CySec, BaFin, and ASIC, but found no reference to this software. Additionally, the software has no documentation regarding patenting. That means we are dealing with an illegal software.
Still, if you are looking for something more definitive in the form of a regulator warning then we have found it. The FCA just added Immediate Connect to its warnings section. If you take a look at the image above, you can see that the they are saying that the firm is not authorized to sell financial services and is deliberately “targeting people in the UK”.
Security And Safety
Security doesn’t just mean that a website has an SSL secure padlock with an HTTPS secure certificate. Every website can get one of those, but not every website has a PCI Compliance protocol and a team of programmers that understand how to configure and maintain firewalls. Additionally, there is no ISO certification which proves once more that the software is either non-existent or does not conform to industry standards.
Confidentiality Of Personal Information
If you have registered for this latest farce then you can be sure that your personal information will be circulated and resold to third parties. We know this to be true for two main reasons. Firstly because the con artists are saying they reserve the right to resell your personal information. Secondly because we started receiving calls from different types of sales people who offered us gambling products and other trading apps.
Immediate Connect: Don’t Believe Everything You Read!
We have read every single article out there about this latest software and it appears that the fake review phenomenon is only increasing. Our staff found new websites that have now joined the party and are able to rank very high on Google search results. These websites are news portals, large content hubs, and high profile media sites that have a very polished and branded look. They offer a lot of features which make the user experience very pleasant, and that is the reason why search engines are letting them have their say.
How To Spot A Fake Review: Avoid websites that endorse 100% of all systems they review. Additionally, don’t pay attention to sponsored articles, advertorials, or paid content of any kind!
But don’t forget one thing! Despite all the money and resources that these websites invest, at the end of the day the truth always wins. So in that sense, our pledge is eternal. We will always offer our readers different or diverging opinions regarding new systems or apps that are launched.
Leverage
New members joining Immediate Connect will have the option of accepting leverage of up to 5000:1. Please be advised that accepting leverage is in many ways similar to accepting loans. You will need to pay it back if you lose it. This is one reason why many customers lose considerably more money than they even invested. Avoid leverage, there is no recourse or any way to get your money back.
Cryptocurrency Exchanges
This service is not compatible with any of the cryptocurrency exchanges. We have seen some websites claiming otherwise, but this is a smoke screen designed to veil the true intentions of the cheaters. Immediate Connect is a CFD (contracts for difference) robot. That means it integrates with brokers and not exchanges.
Crypto Mining
The same can be said for mining using the app. Immediate Connect can’t be used to mine cryptocurrencies of any kind. You would need access to a different type of software and hardware for that. This is a completely different discussion which we will not get into at this time.
Arbitrage Versus CFD Bots
Arbitrage bots are usually integrated with various exchanges such as Binance or Kraken. The bots usually generate profits based on ITM ratio on contract margin rates. CFD bots are closer to Forex in the sense that they integrate with a broker. So in essence, the broker sets the rules and since there are thousands of brokers out there the rules are subject to change at any given time.
Deposits And Withdrawals
Depositing is quite a simple task when it comes to these types of schemes. But try getting your money out and see what happens. We tried to do it and were asked to send about 7 different types of forms and signed documents. After we were done with that we were referred to an account executive who offered us pretty much anything we wanted in order to cancel the withdrawal request and keep depositing.
Pro Tip 💵: Withdrawals are by far the most sensitive of all issues. In fact, a complaint about a declined withdrawal request is what prompted this investigation.
When they saw we were not interested our account was frozen and we were not able to access our funds. This is very typical behavior for bot scams so we are no surprised. Still we can’t help feeling disappointed by the type of wanton disrespect and lack of professionalism which is constantly displayed time and time again.
Immediate Connect On Trustpilot, Reddit, and Other Forums
We have already spotted some activity on forums and other review platforms such as Trustpilot. In many cases the scammers “take ownership” of the reviews and add their own people who provide fake testimonials. The same can be said for similar platforms such as Sitejabber. It’s always a smart idea to make decisions based on facts that are found on professional review websites. This is doubly true when it comes to investing.
Bonuses, Perks, and Various Incentives
We were offered 3 different types of bonuses: A cashback offer, match bonus, and an insurance scheme. After reviewing the terms we declined to accept any free gifts, simply because they are not free. These so called “gifts” come with strings attached. To explain, each euro, pound, or cent which is accepted has to be traded at least 35 times the bonus including the deposit amount. So, if you invested €250 and received a €250 bonus you would need to have a turnover of at least €500 * 35 or €17,500 in trades in order to qualify your withdrawal. This is practically impossible and the scammers are aware of it.
Immediate Connect FAQ
What Is Immediate Connect
Immediate Connect is advertised as a trading app which is supposed to generate money for you on Auto Pilot. In fact, it does not.
Can I Use Immediate Connect To Make Money?
No. It's Not possible! After testing this software and losing our money we have ascertained that this is a fraudulent trading software.
Why Are Other Websites Saying Immediate Connect Is Legit?
These are affiliate sites that receive monetary compensation for referrals. They don't really care about saying the truth as long as it sells.
Is Immediate Connect Related to Elon Musk?
No. That is a fake celebrity endorsement. Elon Musk has nothing to do with this software.
I Joined A Facebook Group And Got Referred To Immediate Connect.
It's not recommended to join via social networks. It's best to seek professional opinions from industry websites.
Taxes
If you are concerned about any taxes which may be incurred as a result of joining this fraud then have no fears. Taxes are levied on profits and we already know that the Immediate Connect scam is a losing software. It’s best you focus on holding on to your money instead of paying taxes.
Recommended Alternatives
If you have made it this far then you may be interested in a proper alternative. Before recommending a software we test it by investing our own money. If the app delivers on a consistent basis we add it to our recommended section on a trial basis. If the performance drops the app is rotated out accordingly.
Immediate Connect: The Verdict
After carefully examining the facts and information our research staff obtained we have decided to blacklist the Immediate Connect scam app. While it’s true that there are many conflicting opinions out there, this Immediate Connect review is genuine and we do stand behind our professional assessments. Should you have any additional questions or require clarifications please reach out and message us through our contact page.