Last Updated on September 19, 2023 by Stephan Lindburg
Immediate Edge Review and Ongoing SCAM Investigation
Crypto is back baby, and scammers are not wasting any time! Such is the case with the Immediate Edge SCAM (AKA Immediate Edge Bot) by the fictitious Edwin James. The Immediate Edge app and automated cryptocurrency trading platform (crypto robot) is advertised as a cryptocurrency investment system which generates money for you on auto pilot. However, as our detailed Immediate Edge review will prove, after you signup a Forex or CFD broker is assigned to you. In our case it was an unlicensed broker named “Infinitrade” which at the time had a registered business address in Sofia Bulgaria and is still blacklisted by the Central Bank of Ireland, the FCA, and the FSMA in Belgium. Infinitrade has since then shut down its operations and is no longer in existence.
Brokers like Infinitrade are scamming customers (that’s YOU) in what is commonly referred to as a revenue share scheme. A revenue or profit share scheme is when affiliate marketers or media agencies strike a deal where they split the profits based on customer referrals. But when it comes to Immediate Edge their profit is your loss, hence the conflict of interest.
Now, when we started receiving complaints we noticed something strange. We signed up ourselves and started receiving phone calls from Infinitrade (which has since shut down), and they were trying to convince us to join another software. Well, we thought this was highly unusual as we are usually told the software we signup for is a credible system with proven results. However, this is clearly not the case when it comes to the fraudulent Immediate Edge app. Why does this happen?
Well, we started to get the picture and immediately realized that the broker was trying to cheat the affiliate marketers out of their commissions by having them signup again with a different email account. So, as Axl Rose would say “welcome to the jungle” and enter at your own risk because you are about to get ripped off by thieving con artists who view you as their personal cash cow and will do their utmost to steal your money.
Immediate Edge Constant And Never-Ending Complaints:
We have received about a dozen complaints about the Immediate Edge app and they are all mentioning difficulties in cashing out and the fact that Immediate Edge is a losing software. This is not a big surprise as we are very well acquainted with these types of get-rich-quick schemes and how they operate.
We also got wind of another broker which is actually deeply involved in this scam and they are blacklisted by at least 9 regulatory authorities for illegally providing investment services without proper certification. We have a separate section allocated to legal aspects regarding this platform. So if for some reason you feel tempted to join the losing Immediate Edge App scam, we recommend you read our detailed Immediate Edge review before you take that leap of faith and risk your hard-earned money.
Official Website, Login Page, and Members Area: There are many websites claiming to be the “Official Immediate Edge bot”. Some are spoofed web pages that keep changing constantly. They are all fake.
Immediate Edge Ongoing Updates: Immediate Edge is also Being Marketed these days as “Immediate Advantage”. This platform is also being used with a different design these days. We have added a separate section which explains why this is happening.
Proof of SCAM
OK, so below we can see the first version of the Immediate Edge SCAM sales page and registration area. A closer look will reveal that it is marketed as the “world’s most intelligent crypto software” which generates $950-$2,200 daily. That’s quite a bold claim from a totally sub-standard piece of trash trading technology. But that’s just the start of it.
Immediate Edge 2023 – Multiple Versions Spotted (Updated and Monitored Constantly)
And right here you can see a screenshot of the latest version of this trending scam. One template has been recycled many times, and these days it is being used primarily for European, Australian, and Canadian residents. We are unsure as to why scammers keep using this recycled template, but we have mentioned previously in many of our reviews that the con artists need to plug into a type of turnkey solution which allows them to switch logos, add a bit of content or graphics, and then launch quickly.
We have been asked several times which version of the Immediate Edge crypto trading app is legit. The answer is none! They are all equally fraudulent as can be seen very clearly.
We also spotted 23 additional sites that also claim to be the official “Immediate Edge Website” and they are all confirmed scams. Below we have attached images of these websites, and as you can see they are all named Immediate Edge, but their design and logos are different. One of the sites even has an “about us” section where they try to sell you the idea that a “pair of amateur traders” invented the software and are now helping ordinary people become millionaires.
Recycled SCAM Evidence – Continued
And here are side-by-side screenshots we have added for you as a point of reference for comparative purposes. This is to prove that the new Immediate Edge format is a scam just like the previous one, it’s just packaged differently.
To continue, here is the testimonial section of the original Immediate Edge scam website. Its plain to see that “Delilah Adams” is not a real person and her image was stolen from the internet for promotional purposes. We are also 100% convinced that Jonathan Mulberry and Simon Horsham are also fake customer profiles and all the promotional content is copied and forged.
And here is the last piece of evidence (you will not need anymore). We have marked 2 sections in red for you. The first says Zero Risk, and the other one says 98.9% success rate. Take these two pieces of information, put them together, and what you have is a bona fide scam and confirmed get-rich-quick scheme.
What is Immediate Edge, Who Is Edwin James, and How Does The Immediate Edge App Work?
- 1 Immediate Edge Review, Is Immediate Edge App SCAM Or Real Deal At £950 Daily?
- 1.1 Immediate Edge Deposits and Withdrawals (Cashier)
- 1.2 Are There Any Hidden Charges Or Fees?
- 1.3 Immediate Edge Leveraged Accounts
- 1.4 Protection of Funds
- 1.5 Immediate Edge Customer Support (It’s Non-Existent)
- 1.6 Regulation Check: Immediate Edge Made the Financial Conduct Authority (FCA) Blacklist
- 1.7 Immediate Edge Security And Safety Features
- 1.8 Immediate Edge Fake News (Updated And Monitored Every Day)
- 1.9 Immediate Edge In Languages
- 1.10 Immediate Edge Trustpilot And Other Forums
- 1.11 Immediate Edge FAQ
- 1.11.1 What Is Immediate Edge
- 1.11.2 Why Are They Saying Edwin James Created This Software?
- 1.11.3 If Immediate Edge Is Blacklisted By the FCA Why Are Other Websites Endorsing It?
- 1.11.4 Some Websites Are Saying That This Software Is 98.9% Accurate. Is That The Truth?
- 1.11.5 I Lost My £250 Initial Deposit. Can You Help Me Get It Back
- 1.11.6 Does Immediate Edge Have Settings?
- 1.11.7 What Assets Can I Trade With Immediate Edge?
- 1.12 A Few Tested Alternatives That Really Work
Immediate Edge is advertised as an artificial Intelligence trading app which uses state of the art algorithms to identify only profitable trends (that’s the so-called edge). Edwin James is presented to us as the owner and creator of this software. The app is supposed to scan the market for price differences.
It’s worth pointing out that Immediate Edge was originally a software designed for trading Binary Options, and it was adapted to cryptocurrencies at a later stage. This happened because Binary Options fizzled out due to revised regulatory guidelines which basically made it illegal to trade binary options in most jurisdictions. This also helps explain why there are multiple versions of this scam.
Immediate Edge Review, Is Immediate Edge App SCAM Or Real Deal At £950 Daily?
Edwin James is the man of the hour since he discovered a way to gain an immediate edge on the market. Immediate Edge follows a deeply ingrained rule of how cryptocurrencies are traded. It’s trading algorithms allow it to buy low from one exchange and sell high to another. The profits are in the margins and that is how you are supposed to generate the income.
There is also talk about a secret and how they know the insiders, so in other words they claim to have access to inside information. In reality this could not be farther from the truth and once you signup you will get ripped off by thieving CFD brokers.
Immediate Edge Assets Index
The app claims to offer over 136 tradeable assets including currency pairs, indices, stocks, shares and even bonds. This is very typical for a CFD trading system and seems to be very impressive at first. However, things are not as they seem. While its true that the assets index is very diverse, it will not change the outcome or end result in the least bit. Simply put, this is just a part of the façade which is designed to make the platform more believable.
Is Immediate Edge a Mobile-Friendly Application?
The short answer is yes. There is a mobile app on Google Play as well as on IOS. One app was developed by a company named “apkpure”, but there are other shady developers who are engaging in the same type of activity. Just remember that no matter how professional the app looks like it is fraudulent and designed based on the same logic as the web applications use. In other words, don’t let anyone try to convince you that the app is legit and the website is not. That is just another lie and we have received a complaint about a broker that is constantly using this lie to scam new victims.
Do I Need To Download OR Install Anything?
Actually no, there is no .exe file which needs to be downloaded. Immediate Edge is promoted as a web-based application so there is no need to download any software on your PC. But this is not really relevant since it doesn’t matter if you use the so-called “web application” or install the app on your cellphone. You will lose your money regardless since all versions and formats of Immediate Edge are scam. We know this because we have registered multiple times and in all cases the end result was the same.
Immediate Edge Is NOT Working With ANY Of The Major Crypto Currency Exchanges
We checked with Coinbase, Binance, Bitfinex, the now bankrupt FTX, Kraken, BlockFi, Poloniex, and Bittrex. They never heard about the Immediate Edge app or Edwin James, but they did warn us that there are many systems these days making all kinds of claims about integrating with their platforms. In most cases these are swindlers illegally using the names of legitimate exchanges for promotional reasons.
Some fake review websites are trying to sell you an idea about a transactional trading platform which mitigates risk, others are writing that it is a professional robo-advisor. But this has nothing to do with any of the so-called “features” associated with Immediate Edge, and these sites are deliberately trying to mislead you so you would invest through their website. Don’t believe it for a second!
Immediate Edge App On Google Play and App Store
We found no less than 7 Immediate Edge apps that can be installed on your cellular phone or mobile device. At closer inspection we were able to read all the reviews people wrote about this app. In many cases customers said it didn’t load, and after a while they started receiving incessant phone calls from offshore brokers asking them to fund their trading account.
In other cases bewildered customers simply said that it’s a scam and that no one should invest with Immediate Edge. This means the app is just a fancy registration form without any real software behind it. Well, we know that this system is being promoted in a very convincing manner by many websites claiming that it is a legitimate signals platform, but the facts really do suggest otherwise so please don’t install anything before reading user reviews.
Does The Platform Utilize Distributed Ledger Technology?
Some websites claim that the Immediate Edge bot uses a Distributed Ledger Technology (DLT) in order to power the trading engine. This is pure nonsense which you should simply ignore. As we have already mentioned in our opening arguments, there is no software at all as many of our members keep telling us. If someone tries to sell you similar lies just hang up the phone and move on.
What Are The Pros And Cons of Using This Platform?
Above you can see a little table we drafted which outlines the major strong and weak points of Immediate Edge. The way we see it, there are only downsides and no advantages or benefits for new members enrolling for this service.
Review Process and Methodologies
Whenever we conduct a proper investigation, we always try to place ourselves in the customers’ shoes. That means it’s critical to go through the deliberation process and overcome the fear of risking your own money.
That being said, before we do anything we thoroughly research the software at hand. Some of the criteria we evaluate is related to regulatory and technical aspects. We also scan for viruses and other forms of malware as well as conduct basic functionality testing.
Then we take the app for a test-drive. We invest our own money and wait to see what happens. In most cases nothing happens. We simply receive a call from a sales agent who wants us to invest more money. Occasionally we do encounter a trading app that performs, but this not what happened here.
Spot Trading: Usually there is no need to check trade execution since there is no software to begin with. Immediate Edge is no different as well, albeit one provider that offers a dashboard which is also fraudulent. We also check the reference and educational sections. But in this specific case it is less relevant since we have already ascertained that we are dealing with a scam.
Immediate Edge Deposits and Withdrawals (Cashier)
The minimum deposit with Immediate Edge Brokers is $/€/£ 250. Depositing through the Immediate Edge software is easy enough. You simply enter your credit card details and verify the transaction through the 3 digits in the back of your card. In some cases you will even be allowed to fund your account using Bitcoin. The problem is cashing out, and we have received countless complaints about this super-sensitive issue.
In most cases the brokers will try to use various stall tactics by having you resend documents, or alternatively use a variety of excuses saying the risk manager is indisposed. In other cases they will simply choose not to reply to your emails and you will eventually get locked out of your trading account. This is a very common practice with unlicensed offshore CFD brokers, so brace yourself and expect the worst.
Here’s a little pro tip! When it comes to withdrawals make sure to document all of your communications. This may help you get your money back in certain situations.
We have also received countless queries about recovering lost funds after trading with Immediate Edge. We never endorse any type of wealth recovery service since these companies are a part of the problem, and in many cases even make matters much worse. That is because they demand money upfront, but fail to guarantee results or at minimum a refund.
In fact, we have heard a few stories about victims who lost enormous amounts of money trying to recover lost money. Your best bet is to contact your bank or credit card company and inquire how best to proceed. If you have invested with digital currencies, you will never see that money again since there is no insurance or any legal entity like Visa or Mastercard that can intervene on your behalf.
Are There Any Hidden Charges Or Fees?
We constantly receive questions about hidden charges or fees related to Immediate Edge. In all honesty, this is not something which should concern any of our viewers. Brokers associated with this service have certain stipulations in their terms and conditions which allow them to charge you if you decide to withdraw funds.
However, this rarely happens since withdrawals are usually rejected for one reason or another. Regardless, these charlatans don’t really need hidden fees because after they are done depleting your trading account there will be no balance left to charge anyways.
Immediate Edge Bonus Offering (Don’t Accept Any Bonuses, Comps, Perks, Or Any Type Of Incentive)
Customers joining Immediate Edge may be offered incentives in the form of bonus money. These bonuses are not free and carry a mandatory trading requirement or “rollover”. The aim of these bonuses is to “lock you in” and keep you trading so you will not be able to withdraw your funds.
We have heard a few horror stories about traders who signed up for Immediate Edge and had bonuses forcefully inserted into their account balance. If you encounter something similar to this please leave a message below and let us know.
Immediate Edge Leveraged Accounts
Immediate Edge offers leverage of 5000:1. That is insane since leverage in the forex accounts are usually in the range of 50:1 to 100:1. Sometimes it can be a bit more, but if you compare this to futures or commodities trading these numbers are insane. This means that traders are taking massive risks and in many cases will end up losing more than their initial investment since leverage is in essence a type of loan.
Protection of Funds
Protection of funds means that if for some reason the broker you are trading with has gone bankrupt or for some reason is unable to pay customers, you are covered by a kind of “guarantee fund”. Usually the protection is capped at a certain amount. For example, certain Forex brokers will insure your funds up to £100,000. Others my offer smaller amounts, but the concept is the same.
Protection of funds is reserved only for fully licensed brokers who actually care about their clients. Victims enrolling for the Immediate Edge crypto software do not qualify for investor protection. That is because the brokers or liquidity providers that are integrated with this scheme are unlicensed.
Immediate Edge Customer Support (It’s Non-Existent)
We tried to message the Immediate Edge customer service center by clicking on the “contact” link at the bottom of the site. Since there are over 18 clones of the Immediate Edge website now, we had to try and contact each and every one. Needless to say we could not find a single website which actually responded to our questions. In most cases the email simply bounced back and that reaffirmed our initial conclusions; namely that it is a scam.
Taxes Related To The Immediate Edge Scam
Don’t worry about taxes. Taxes are paid on profits not on losses, so you have nothing to lose any sleep over when it comes to declaring your income. On the flip side, you have every reason to be concerned about losing your investment. We are only mentioning this because we received a few questions about this issue from some of our subscribers, and it seems appropriate to provide them with a proper answer.
Regulation Check: Immediate Edge Made the Financial Conduct Authority (FCA) Blacklist
Immediate Edge has been officially blacklisted by the Financial Conduct Authority in the United Kingdom and effective immediately labeled as a scam (better late than never). For those of you who are not aware, the FCA is the official licensing body for all financial firms, instruments, or services which are provided for residents of the United Kingdom. Along with the Bank of England, the FCA formulates the country’s monetary and investment policies. The person who is leading the FCA today is Nikhil Rathi, and word has it that he is quite a stickler where crypto is concerned.
This trading platform is illegal. If anyone tries to convince you otherwise please refer them to this page. This will also help us get the message out!
We believe that this has caused a domino effect now and other legal entities such as the AFM in the Netherlands, ASIC in Australia, or BaFin in Germany will also be following this trend and adding Immediate Edge to their warning list. We are constantly updating this section of our review when relevant so make sure to check. Scammers are always trying to evade the negative exposure, so they simply switched domains but kept the actual name of Immediate Edge Bot since it suited their needs.
So it seems we were not mistaken and now the FSMA in Belgium, the British Columbia Securities Commission, The OSC in Ontario, The Finansen Spektionen in Sweden, The Securities and Exchange Commission in the Philippines, The Central Bank of Lithuania, as well as CONSOB in Italy as well as the FMA in Austria, and New Zealand are now officially warning investors and advising them that Immediate Edge is an investment scam which uses “fake ads”. We have added screenshots above for you as a point of reference, but if you require additional information in regards to patenting or regulation please let us know and we shall be more than willing to assist you.
We have also received word that fraudsters are impersonating officials from regulatory authorities and advising them to invest through Immediate Edge. After looking into this matter it became apparent that this type of scam tactic is well-known to the authorities and is particularly prevalent when make-money schemes are concerned. Victims who fail to conduct proper research will usually end up losing more funds than they ever dreamed of.
Immediate Edge Security And Safety Features
Joining through a website with an HTTPS certificate doesn’t necessarily mean you are trading in a secure environment. When we asked the Immediate Edge customer support staff to see some documentation in regards to ISO certification or PCI compliance, we ended up hitting a brick wall.
ISO9000 and 9001 represent the software industry’s standardized guidelines for design, production, and functionality. These guidelines were set in place by experts in the fields of software and architecture design in order to make sure a minimal level of quality exists in the development of apps or for that matter any type of software.
PCI compliance is what we look for when we check providers for firewall configurations, protection of cardholder data, and malware prevention measures. We also look to 2FA or 2-factor authentication which is designed to provide members with an additional layer of password protection.
Furthermore, the app does not comply with the EU General Data Protection Regulation (GDPR). That means that if you are a resident of any EU country, your data will be collected and most likely resold to third parties.
Immediate Edge fails across the board on all aspects related to privacy and security we evaluated. This also means that members who join are susceptible to various forms of cyber-related attacks such as viruses, Trojan Horses, malware, and spyware.
Fake Immediate Edge Reviews – There Are Way Too Many!
We have spotted multiple fake Immediate Edge Reviews and updated the image below accordingly to reflect 2023. Originally when we published our article we could not find any, but now there are more than 50 confirmed fake reviews which are endorsing the Immediate Edge app in order to receive affiliate commissions. We were even able to find one website which openly admits it is used to trade binary options, but totally disregards the fact that this financial instrument is totally illegal in most places in the Western hemisphere.
We honestly want to know how the owners of these websites feel now that the cat is officially “out of the bag” after the recent FCA scam alert and everyone can see just how biased their reviews are. So if you believe something isn’t quite right just stop and take a minute to think things over. If you need additional information simply reach out and let us know immediately.
Here are some excerpts taken from fake reviews sites. These sites will say anything in order to convince you that this platform is legitimate.
- The app gets immediate results within minutes.
- You get to access a simple and easy-to use interface.
- Perfect for beginners wanting to start out.
- A “guaranteed income” of over $1,000 per day with a success ratio “over 99%”.
This is just a partial list of fake claims which represents some of the most unethical websites in the online trading industry today. Please be advised that any service offering these types of deals is out to scam you.
Immediate Edge Fake News (Updated And Monitored Every Day)
It seems that despite the Facebook blanket ban on all CFDs (contracts for difference) advertising some scammers managed to slip between the cracks.
For example the image below is taken from a Dutch campaign which features an entrepreneur named Didi Taihuttu. Taihuttu and his “Bitcoin Family” have gained notoriety after selling all their assets in return for Bitcoin. This narrative is currently being used in a very deceptive manner since it has managed to captivate the hearts and minds of many people. Unfortunately Taihuttu has nothing to do with the Immediate Edge bot or any kind of CFD trading for that matter.
Other fake news articles related to Immediate Edge include members of the Shark Tank, Dragons’ Den, Elon Musk, Jim Pattison, Yvonne Catterfeld, Deborah Meaden, Gerard Piqué, Larry Emdur, Eva Jinek, Sascha Ruefer, Adrien Devyver, Alan Kohler, Alexandra Rotan, Gert Verhulst, Matthias Schoenaerts, Richard Branson, Carrie Lam, Mylène Farmer, Primo Rico, Manuel Luís Goucha, Per Gessle, Jenny Strömstedt, Mélissa Theuriau, Manuel Luis, Raymond Ackerman, Shawn Mendes, Graham Norton, Alan Hughes, Sara Sieppi, Tracy Grimshaw, Muireann O’Connell, Agnete Kirk Thinggaard, Barbara Corcoran, Dans L’oeuil Du Dragon, Doug Ford, Amancio Ortega, Kevin Rudd, Giorgia Meloni, Lisa LaFlamme, Walid Aly, Zendaya, Michael Schumacher, Goh Chok Tong, Jon Almaas, Carina Dahl, Bas Witvoet, Helen Mirren, Jessie J, Ursula von der Leyen, Leo Varadkar, Stefan Persson, Ryan Tubridy, Matías Prats, Matthieu Delormeau, David Attenborough, Robbie Keane, Piers Morgan, Jort Kelder, Ruud Feltkamp, Gunilla von Platen, Agathe Auproux, Terri Irwin, Mats Gabrielsson, Nathalie Emmanuel, May Clarkson, Bryan Baeumler, Douglas Roos, Michael o Leary, Javier Alatorre, Jack Wilson, Rishi Sunak, Jacob De Geer, Wesley Sneijder, Jesper Buch, Daniel Ricciardo, Jean Reno, Tommy Ahlers, Jan Guillou, Janine Allis, Steffo Törnquist, Felipe VI, Jim Treliving, Arlene Dickinson, Ho Ching, Robert Gustafsson, Adrien Devyver, Christian Stadil, Michele Romanow, and Ernst Kirchsteiger.,
Fake Celebrity Endorsements: We are constantly asked if the celebrities are getting compensated for their part in the scheme. The answer is always no. Nobody asked them for permission and they are totally clueless about it!
We have also received reports about these celebrities as well: Frank Thelen, Ebba Busch, John McGrath, Leif GW Persson, Andrew Banks, Duncan Laurence, Connor Mcdavid, Manjit Minhas, Peter van der Maat, Eric Hagberg, Daymond John, Laura Woods, Max Verstappen, Colin Farrel, Fredrik Strage, Karlos Arguiñano, Bernard Arnault, Ben White, Diana zur Löwen, Simon Cowell, Armin Wolf, Kevin O’Leary, Johannes Oerding, Stefan Raab, Wes Hall, Jean Philippe Cretton, Štefan Harabin, Koffietijd Gemist, Renée Nyberg, Niels Peter Louis-Hansen, Russell Crowe, Jonathan Ross, Kevin De Bruyne, Manon van Essen, Kylie Gillies, David Alabas, Cyril Hanouna, Günther Jauch, Hilary Devey, Barbara Karlich, Pieter Schoen, Christopher Parker, Keanu Reeves, Oliver Welke, Claes Elfsbergs, Jorg Pilawa, Roberto Saviano, Jorge Paulo Lemann, Ian Wright, Anthony Albanese, Jose Andres, Chamath Palihapitiya, Alain Delon, El Gran Wyoming, Leo Messi, Lee Hsien Loong, Claes Elfsberg, Sara Davies, Pau Gasol, Emma Heeft, Jeremy Clarkson, Lena Apler, Justin Trudeau, Peter Forsberg, Andrew (Twiggy) Forrest, Alexander Klopping, Naomi Simson, Steven Bartlett, Dietrich Mateschitz, Jochen Schweizer, Robert Geiss, José Miguel Monzón Navarro, Dick Smith, Immediate Edge UAE with the Crown Prince of Abu Dhabi Mohammed bin Zayed Al Nahyanm, Mads Mikkelsen, Markus Lanz, and other famous actors and politicians are also illegally used for promotional purposes.
We have also seen a few sponsored articles which try to convince readers to join Immediate Edge. This type of deceptive activity is particularly being used by con artists in conjunction with unscrupulous media outlets like Outlook India. Please note that sponsored articles are not independent or honest reviews. As their name suggests, someone with deep pockets and an understanding of how to manipulate the facts is paying press release agencies to promote their content.
In essence, these scammers are piggybacking on high authority websites in order to gain more exposure on search engines. So if you see paid or sponsored articles, just treat them as advertisements and move on to more serious or professional review websites to get the real facts.
We also saw fake news articles on The Daily Mirror, CNN, BBC,RTL, CTV, Gulf News, The Guardian, Fox News, God Morgen Norge, Le Figaro, El Pais, El Hormiguero, Dagbladet, and Bild in Germany. If you happen to see similar articles in spoofed news websites please message us. We will update our review immediately and make sure this information gets out to our viewers.
Immediate Edge In Languages
This system has been translated to over 15 languages, however the ones which seem to be the most heavily promoted besides English are Dutch, German, French, Portuguese, Swedish as well as other Scandinavian languages, and Spanish.
We have collected images which depict how the website looks like in different languages. It seems some translations are more professional while others are definitely sloppy. Either way you look at it, what we have here is an international fraud ring which specifically targets victims from certain countries.
The Origins of A Scam
For those of you who are new to online trading and cryptocurrencies its time for a little history lesson. Immediate Edge was one of the first binary options scams and originally launched sometime during 2009. The original con artists were binary options affiliates who understood how to make a quick buck promoting get-rich-quick schemes. In fact, these marketers were so good at their job that they were starting to get noticed by the authorities.
According to a report made by anti-corruption watchdog website OCCRP in March 2020, a Kiev-based company named the Milton Group is responsible for creating a “trail of broken lives”. Many of the victims who were defrauded arrived through various promotional offers like Immediate Edge. It was this money that financed Milton Group’s dirty operations and even helped them expand.
When binary options were made largely illegal in Western countries, the scheme was adapted and integrated with cryptocurrency and CFD brokers. Since then, over 20 different versions of the website were created. Each one offers a different design or logo. However, they are all the same. As you can see in the timeline above this platform has been around for nearly 13 years in different formats. In a way it’s like the devil taking different forms, however the end result is all but too well-known.
Immediate Edge Trustpilot And Other Forums
If you are searching for an Immediate Edge review on Trustpilot you should know that the Trustpilot compliance staff have already flagged the review citing “fake customer profiles”. Still, we had to check for ourselves to see how the scammers are doing it. Lo and behold, we found out that it is super-easy to buy positive Trustpilot reviews. We even messaged some of these providers and they were more than happy to send us their prices. If you don’t believe us, just look at the image below.
We have seen similar activity on Reddit and Quora where spammers with fake profiles keep posting advertorial-style posts embedded with affiliate links. Where Quora is concerned we found the con artists to be especially sneaky. They are actually advising potential victims to start off small due to volatile market conditions or sentiment.
This type of sales tactic is highly deceptive since it is really a sound piece of advise, but it is only relevant if you are investing with regulated assets or platforms. If you happen to stumble into one of these fake posts, please let us know and we shall allow you to share your experience on our website.
Immediate Edge FAQ
Immediate Edge is advertised as a trading robot which is powered by advanced artificial Intelligence technologies. Originally it was launched as a software for Binary Options, however it is now marketed as a cryptocurrency software.
Edwin James does not exist. The websites who are trying to convince you that he is a real person are literally complicit in wire fraud. They are doing it in order to lend their story more credibility. Don't believe them.
The websites endorsing this software could really care less about what the FCA or any other financial licensing entity says. They only wish you to register through their affiliate links so they could collect affiliate commissions.
No. These are lies and the con artists spreading them think its OK to lie as long as they have a disclaimer on their site. We believe that eventually they will end up paying for their actions. But until then, it is your job to conduct proper research and look for viable or proven facts.
Unfortunately we can't help you retrieve your money. We also can't recommend a wealth recovery agency since these companies demand money up front but don't guarantee any results. Best to move on and seek other alternatives.
No. There are no settings since there is no software. There is one exception but it really doesn't change anything as far as new members are concerned.
The assets index is truly diverse and offers commodities, Forex currency pairs, indices, shares, and cryptocurrencies. However this is useless since the app is rigged.
How Much Money Are Affiliate Networks Paying For New Immediate Edge Members?
Affiliate networks are now paying as much as $1,000 for new depositing members joining through Immediate Edge. This fact can tell us a lot about this scam. First, we can understand that the actual brokers who are receiving the clients are paying at least $1,300 per investor, but what about profits?
The brokers operate based on a market maker model for CFD’s, and that means your loss is their profit. In other words, the brokers are willing to absorb the initial loss of paying hefty commissions, because they know they will be getting significantly more money out of referred clients originating from Immediate Edge.
Another thing we can learn is that there is a lot of money behind this scheme, and the whole operational aspect of bringing all parties together require expertise, funds, and human resources. In other words, there are entire operations and a lot of money being moved around. The people who end up paying for everything are investors just like you.
Still Trust The Immediate Edge App?
It happens, we all get tempted and for some reason relate to something without any logic. If this is the case and after reading our Immediate Edge review you still want to invest then you need to treat this little adventure as a type of gamble and as every gambler knows the house always wins.
Additional Update: Immediate Edge has been cloned and is also being marketed these days as “Profit Edge” as well as Immediate Bitcoin and “Immediate Trader”.
How To Report Immediate Edge To The Authorities?
If you are a victim of the Immediate Edge scam and have lost money after being swindled, we recommend you contact your local authorities and fill out a fraud and cyber-crime report. The way to do it is based on where you reside, for example if you reside in the UK then you would need to contact Action Fraud and if you are an Australian resident then you would need the Scam Watch website. We encourage you to report fake review websites as well since they are a part of the problem.
|Immediate Edge Bot||Compared To Other Systems|
|Accuracy Levels||Horrible. There is no other word to describe this losing app.|
|Is The Bot Regulated?||Exactly the opposite. It's blacklisted by most regulatory entities.|
|Customer Service||This is not going to be a pleasant experience.|
|Demo Trading?||Useless. One provider offers it but it's highly deceptive.|
If you need more assistance on how to proceed with filing your report, please message us and we can help you get started. We are particularly concerned and willing to assist victims who have read fake reviews and as a result ended up losing their money.
A Few Tested Alternatives That Really Work
OK so if you are searching for the real thing you need look no more. Our staff constantly tests new systems and every once in a while we identify a genuine trading software which actually delivers as promised. Once we conclude that the system generates profits consistently we add it to our recommended section, so take a minute or two and make sure to check it out!
Immediate Edge Review, Conclusions, and Recommendations (Fact-Checked and Blacklisted)
Avoid the Immediate Edge SCAM app, software, and fraudulent automated trading platform. This so-called “software” is completely anonymous and offers zero transparency to it’s members. As we have already mentioned the real people behind Immediate Edge have nothing to do with Edwin James (he does not exist).
We know that this scheme is promoted by affiliate networks like Offer Vault, Fox Offers, Clickbank, or ClickDealer who offer their promoters exorbitant amounts of money for new depositing traders. In terms of the actual trading dashboard, we were not able to find any signals, indicators, or strategies. This trading platform is just a bunch of hot air designed to get you signed up and trading with an offshore broker. Our research staff was able to produce more than enough evidence of scam, but if you feel you need more then please message us via our contact page or through our social media.