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 has a registered business address in Sofia Bulgaria and was recently blacklisted by the Central Bank of Ireland, the FCA, and the FSMA in Belgium.
This broker is 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 this broker (Infinitrade), 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 connecting the dots 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 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 the FCA as well as ConSob in Italy for illegally providing Investment Services without proper certification. 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 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 2022 – 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 German speakers. 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 also spotted 13 additional sites which 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 100% convinced that The other two characters are also fake 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?
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.
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, but 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.
Immediate Edge Is NOT Working With ANY Of The Major Crypto Currency Exchanges
We checked with Coinbase, Binance, Bitfinex, 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. 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 Deposits and Withdrawals (Cashier FAQ)
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.
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.
Immediate Edge Bonus Offering (Don’t Accept Any Bonuses, Comps, 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 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.
We believe that this will cause a domino effect now and other legal entities such as the AFM in the Netherlands, ASIC in Australia, or BaFin in Germany will follow this trend and update this section of our review when relevant. 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, as well as CONSOB in Italy as well as the FMA in 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.
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 2022. Originally when we published our article we could not find any, but now there are more than 9 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.
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. The image below illustrates how advertisers in Poland were able to launch this fake news campaign and started baiting new victims using fake celebrity endorsements.
Other fake news articles related to Immediate Edge include Gordon Ramsay, members of the Shark Tank, Dragons’ Den, Elon Musk, Stromae, Jim Pattison, Christoph Waltz, Yvonne Catterfeld, Gert Verhulst, Ben Yeo, Richard Branson, Per Gessle, Celeste Barber, Jan Guillou, Paul McCartney, Robert Gustafsson, Angela Merkel, Danilo Gentili, Harry and Meghan, Keanu Reeves, David Beckham, Raymond Ackerman, Harry Kane, Singapore Billionaire Peter Lim, Celeste Barber, Dick Smith, and other famous actors and politicians are also illegally used for promotional purposes.
How Much Money Are Affiliate Networks Paying For New Immediate Edge Members?
Affiliate networks are now paying as much as $850 for new depositing members joining through Immediate Edge (see image below). 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 $1,000 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 Immediate Edge App?
It happens, we all get tempted and for some reason connect 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.
Quick 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.
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 and 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 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.