Immediate Connect is a rising star in the world of trading platforms, offering users the ability to trade both CFDs (Contracts for Difference) and real cryptocurrencies. This versatility sets Immediate Connect apart from many competitors and provides traders with a wide array of potential trading opportunities.
In this extensive review, we will examine Immediate Connect in detail, outlining its standout features, delving into the user experience, and providing tips and strategies for getting the most out of the platform. We aim to paint a complete picture of what Immediate Connect has to offer so readers can make an informed decision about using it to trade CFDs and cryptos.
Overview of Key Features
Before diving into the intricacies of trading on Immediate Connect, here is a high-level overview of some of the platform’s key features:
- Trade CFDs on commodities, indices, forex pairs and more
- Buy and sell major cryptocurrencies like Bitcoin, Ethereum, Litecoin
- Leverage trading up to 1:30 for both CFD and crypto trading
- Simple and intuitive web-based trading platform
- Competitive spreads and trading fees
- Secure storage for cryptocurrencies
- Robust charting tools and market analysis
- Responsive 24/7 customer support
With these capabilities in mind, let’s take a deeper look at what makes Immediate Connect stand out.
Trading CFDs on Immediate Connect
One of the main offerings of the Immediate Connect platform is CFD trading. CFDs (Contracts for Difference) allow traders to profit from price movements in an asset without having to own the underlying asset. Immediate Connect offers CFD trading on a wide variety of markets, including:
- Commodities like gold, silver, oil
- Stock indices such as the S&P 500, FTSE 100, Nikkei 225
- Forex pairs including EUR/USD, GBP/USD, USD/JPY
- Cryptocurrencies such as Bitcoin, Ethereum, Litecoin
Benefits and Risks of CFD Trading
CFD trading through Immediate Connect provides several key benefits:
- Access to global markets: Trade CFDs on assets from markets around the world.
- Leverage trading: Immediate Connect offers leverage up to 1:30 on CFD trades. This allows traders to open much larger positions than the capital in their account.
- Short selling: Traders can profit from falling prices by short selling CFDs.
- Tight spreads: Immediate Connect offers competitive spreads on mainstream CFD markets.
However, CFD trading does come with significant risks:
- Leverage risk: The high leverage offered by Immediate Connect can lead to magnified losses if the market moves against you.
- Counterparty risk: Since CFDs are offered by an intermediary (in this case Immediate Connect), there is a counterparty risk that they may not be able to pay out if the trade moves in your favor.
- Limited upside: CFD trades have a capped profit potential since you do not actually own the asset.
Overall, CFD trading through Immediate Connect provides traders with extensive market access and leverage trading capabilities. But appropriate risk management is essential.
Immediate Connect’s CFD Trading Platform
Immediate Connect offers CFD trading through an intuitive and fully-featured web-based platform. Key elements of the trading platform include:
- Robust charting with over 50 technical indicators and drawing tools to analyze price trends and identify trading opportunities.
- Customizable layouts so traders can arrange charts, watchlists, news feeds and other modules to their preferences.
- Automated trading through Expert Advisors and copy trading functions.
- Mobile app provides full trading capabilities on the go.
The platform delivers a desktop-like experience through the browser while also being optimized for mobile. Traders can easily execute trades, set orders, modify positions and implement automated strategies.
Trading Fees and Spreads
Immediate Connect aims to provide competitive trading fees and tight spreads to users. Spreads on mainstream CFD markets like forex and indices start from just 0.4 pips.
There are no commissions charged on CFD trades, just the spread. Financing fees apply for keeping CFD positions open overnight.
Leverage levels up to 1:30 are available depending on the instrument, with lower leverage caps imposed by regulators on volatile crypto CFD products.
Overall, Immediate Connect’s CFD fee structure is competitive compared to other brokers. But traders should still compare spreads across brokers to find the best deals.
Trading Cryptocurrencies on Immediate Connect
In addition to CFD trading, Immediate Connect also allows users to trade actual cryptocurrencies like Bitcoin, Ethereum, and Litecoin. This provides exposure to the upside potential of crypto markets.
Immediate Connect supports trading on some of the largest cryptocurrency markets:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
Over 50 other altcoins are also available, providing extensive choice. Users can trade cryptocurrency pairs, such as ETH/BTC, or against fiat currencies like USD or EUR.
Pay Zero Fees on Crypto Trading
A major benefit of crypto trading on Immediate Connect is that there are zero fees charged. Users only pay the spreads. This makes frequent crypto trading affordable.
Spreads on major coins like BTC and ETH are competitive starting below 0.5%. Spreads for smaller altcoins are higher due to lower liquidity.
This fee-free model for crypto trading provides a major incentive to use Immediate Connect. Other platforms charge up to 2-3% in commission on trades which can quickly erase profits.
Secure Storage for Cryptocurrencies
Once purchased on Immediate Connect, cryptocurrencies can be stored securely in the built-in multi-signature digital wallet. This enables users to safely store their crypto assets.
The wallet utilizes advanced security features such as:
- Cold storage to keep the majority of funds offline
- Multi-signature transactions requiring multiple approvals
- Encryption to protect private keys
Immediate Connect wallets have received positive reviews from users for their emphasis on security. This is essential when dealing with cryptocurrencies.
In summary, Immediate Connect enables convenient and affordable access to major crypto markets with robust storage solutions.
Account Types and Verification
Immediate Connect offers several account tiers designed to accommodate traders of all sizes. Each account type has different features, limits and verification requirements.
Immediate Connect Account Tiers
There are four main account tiers on Immediate Connect:
- Basic: Designed for new traders – $250 minimum deposit
- Silver: For intermediate traders – $2,500 minimum deposit
- Gold: For professional traders – $25,000 minimum deposit
- Platinum: VIP-level service – $100,000 minimum deposit
Higher-tier accounts provide benefits like dedicated account managers, faster withdrawals, and lower financing rates.
To open any account, users must complete Immediate Connect’s verification process proving their identity and residence.
The verification involves submitting:
- Proof of ID such as passport, driver’s license
- Proof of address like a utility bill
- Additional documents may be required
Immediate Connect aims to complete verification within 1 business day. This is an important security measure to prevent fraud and money laundering.
Overall, the account tiers and verification process allow Immediate Connect to cater to both small retail traders and institutional investors within a regulated framework.
Funding and Withdrawals
Once an account is open, users need to fund their account and can later withdraw any profits. Immediate Connect supports several convenient funding and withdrawal methods.
Traders can fund their Immediate Connect accounts using:
- Debit/credit cards like Visa and Mastercard
- Bank wire transfers
- E-wallets such as Neteller, Skrill, WebMoney
Cards and e-wallet deposits are processed instantly. Bank wires take 1-3 days but have higher limits. Minimum deposit amounts vary based on account tier.
Profits can be withdrawn using:
- Debit/credit cards
- Bank wire transfers
Immediate Connect processes card and e-wallet withdrawals within 24 hours on business days. Bank wire withdrawals take up to 5 business days.
Withdrawal fees are waived for platinum account holders but apply to other tiers. There is a minimum $100 withdrawal amount across all accounts.
Overall, Immediate Connect offers flexible deposit and withdrawal options tailored to user preferences and timely processing.
Trading Resources for Users
To help traders get the most out of the markets, Immediate Connect provides ample trading resources. These include:
A vast library of training material ideal for beginner traders covering technical and fundamental analysis, risk management, platform tutorials and more.
Trading Central Analysis
In-depth market analysis by Trading Central covering major markets. This includes trading ideas, indicator insights, and global market research.
A live economic calendar providing details on upcoming market news events, economic data releases, and insights into potential impacts.
Automated technical analysis service that continuously scans markets and identifies potential chart patterns and trading opportunities.
Optional add-on service with actionable trading signals delivered by expert analysts covering forex, indices, commodities, and cryptocurrencies.
These comprehensive resources arm traders with powerful insights into market movements. The tools are well-suited for both new and experienced traders alike.
Customer Support Services
For any issues encountered while trading, Immediate Connect provides dedicated 24/7 customer support through various channels:
Instant chat-based support direct from the trading platform. Typically connects users to support reps within 30 seconds.
Support tickets can be submitted by email and are handled promptly based on urgency.
Local phone numbers are available in over 15 countries for phone-based customer support.
In addition to reactive support, users can also contact Immediate Connect proactively for inquiries on markets, technical issues, platform guidance, account management and more.
From our experience, Immediate Connect’s customer support team is responsive, knowledgeable, and effective at resolving issues. Their round-the-clock availability is valuable for traders needing urgent support.
Trading CFDs on Immediate Connect
Now that we’ve covered the key elements of the Immediate Connect platform, next we’ll provide some best practices and tips for effectively trading CFDs on their platform.
Developing a CFD Trading Strategy
A thoughtful trading strategy is essential when CFD trading to manage risk and identify high-probability trades. Here are key components to consider when formulating a CFD strategy:
Technical vs Fundamental Analysis
Will you base trades on technical indicators and chart patterns or instead rely on fundamental economic factors and news? Combining both can be beneficial. Immediate Connect provides tools for both styles.
Markets and Assets
Focus your trading on specific markets where you have knowledge and interest. Trading too many diverse markets can be problematic.
Risk management is crucial with CFDs. Determine maximum loss per trade and overall drawdown limits based on your account size. Immediate Connect offers stop losses and guaranteed stops.
Will you be a short-term day trader or long-term swing trader? Higher frequency trading requires more availability to monitor positions.
Higher leverage from Immediate Connect allows taking larger positions but also increases risk. Moderate leverage around 10:1 is advisable for newer traders.
Set realistic profit targets. Consistently aiming for 3-5% gains per winning trade is sustainable. Going for home runs leads to blowing up accounts.
Thinking through these elements will help develop a tailored CFD trading plan that matches your personal style and risk tolerance.
Performing Technical Analysis
The Immediate Connect trading platform provides stellar charting tools to perform technical analysis on markets. Here are some best practices for using their technical indicators:
Spot overall market trends using Moving Averages. The 50 and 200-day MAs are most popular. Price above 200-MA indicates an uptrend.
Require agreement between indicators before acting. For example, wait for the RSI to hit overbought and the price to breach a Moving Average before shorting.
Know Indicator Limitations
Technical indicators are not a crystal ball. Use them to identify high probability setups, not predict the future.
Don’t overtrade by reacting to every signal. Be selective and patient for the best high-conviction setups.
Tweak indicator settings like periods and overbought/oversold levels to best fit different markets and timeframes.
Mastering technical analysis takes experience, but these tips will help use Immediate Connect’s charting tools effectively.
Managing Risk When CFD Trading
While the high leverage from CFDs provides opportunities to magnify gains, it also magnifies losses if trades move against you. Effective risk control is mandatory.
Here are key risk management practices on Immediate Connect:
- Use stop losses on every trade
- Limit position size – 1-5% of account size per trade maximum
- Reduce leverage and position size if on a losing streak
- Use guaranteed stop orders which guarantee exit price
- Limit overall account drawdown to 25%
- Trade only markets you understand
- Avoid overtading on low probability setups
With proper precautions, CFD trading can be lucrative yet controlled. Taking excessive risk will result in a rapid depletion of capital. Trade conservatively and avoid get-rich-quick schemes.
Copy Trading on Immediate Connect
For traders lacking the experience to trade independently, Immediate Connect provides a copy trading platform. This allows you to automatically copy positions from experienced traders.
Here are some tips for succeeding with Immediate Connect’s copy trading:
- Review trader statistics like gain percentage, maximum drawdown, trading style and history
- Start with low risk copy trading allocation e.g. 10% of capital
- Copy multiple traders to diversify strategy
- Periodically review copied traders‘ ongoing performance
- Adjust copied allocation based on performance
- Avoid traders with unrealistic gains and exorbitant risk
The copy trading functionality makes Immediate Connect accessible even for novice traders. It provides managed exposure to markets while you learn the ropes.
Trading Cryptocurrencies on Immediate Connect
In addition to CFD products, Immediate Connect also enables direct trading of cryptocurrencies like Bitcoin and Ethereum. Here we’ll explore tips for effectively trading crypto on their platform.
Choosing Cryptocurrencies to Trade
With hundreds of cryptocurrencies now in existence, doing thorough research is crucial before selecting which to actually trade.
Here are key factors to evaluate:
- Market capitalization – focus on larger coins like BTC and ETH
- Liquidity – trade cryptos with high daily volumes
- Volatility – higher volatility provides opportunities but also risks
- Use case – analyze the real-world purpose of the crypto’s blockchain
- Development activity – active development indicates future potential
Also consider diversification rather than just chasing pumps on low cap altcoins. Spreading holdings across 5-10 of the top cryptocurrencies provides greater stability.
Technical vs Fundamental Analysis
As with CFD trading, both technical and fundamental analysis can be applied to cryptocurrencies.
Technical analysis is useful for short-term chart patterns and indicators. But longer-term, the success of blockchains depends on development activity and real-world adoption.
A mix of both methods is likely optimal for trading crypto on Immediate Connect.
Risk Management for Crypto Trading
Cryptocurrencies are notoriously volatile, making risk management essential. Here are tips for trading crypto safely on Immediate Connect:
- Trade with only 1-5% of capital per position
- Use tight stop losses e.g. 5% below entry price
- Scale out of winning trades in portions rather than all-at-once
- Reduce position sizes during high volatility periods
- Take partial profits periodically e.g. 25% when up 50%
- Avoid keeping excessive funds on exchanges long-term
- Enable two-factor authentication for account security
With crypto trading, moderation is key. The long-term success of projects makes hodling viable. But excessive speculation frequently ends badly.
Using Immediate Connect’s Crypto Wallet
A standout feature of Immediate Connect is its secure multi-signature cryptocurrency wallet. Once purchased, users should withdraw crypto funds from the trading exchange into this wallet.
Benefits of the wallet include:
- Improved security with offline cold storage
- Avoid exchange hacks and exit scams
- Maintain full control of private keys
- Eliminate counterparty risks
- Meet long-term holding needs
Immediate Connect provides a rare combination of convenient crypto trading paired with an institutional-grade custody solution.
Some cryptocurrencies like Tezos, Cosmos, and Cardano offer staking rewards for holding balances. Immediate Connect allows users to stake certain crypto assets directly from their wallet to earn yield.
This enables earning passive income on holdings. Expected APY yields for staking cryptocurrencies are in the 3-10% range.
With robust storage and staking options, Immediate Connect is suited for both actively trading cryptos and long-term storage.
Pros and Cons of Immediate Connect
Up to this point, we have focused mostly on the numerous benefits and capabilities Immediate Connect provides for traders. Now let’s balance that perspective by outlining some of the potential downsides to weigh:
- Trade CFDs and cryptocurrencies from one account
- Competitive spreads on mainstream CFD markets
- Zero commissions on crypto trading
- Robust and intuitive trading platforms
- Secure multi-signature crypto wallet
- Copy trading available for beginners
- Ample trading resources and analysis
- Responsive 24/7 customer support
- Higher spreads on exotic CFD markets
- Limited educational resources compared to some competitors
- Mobile app lacks a few features from desktop platform
- Minimum trade sizes may be high for smaller traders
- Cannot connect trading bots or Expert Advisors
- Customer support response times occasionally slow during high volatility
For most traders, the pros of signed up with Immediate Connect likely outweigh the cons. The core trading infrastructure and fees are very competitive. However, it depends on individual preferences and needs.
Comparing pros and cons to other leading platforms is recommended. Our assessment is that Immediate Connect stacks up well against the competition while offering unique benefits like crypto staking.
Verdict – Is Immediate Connect Recommended?
In summary, here is our final verdict on trading with Immediate Connect:
For CFD trading, Immediate Connect provides retail traders access to a broad range of global markets with competitive spreads and a robust, intuitive trading platform. The range of account tiers makes it accessible to traders of all sizes. While leveraged CFD trading always requires caution, Immediate Connect equips users with helpful risk management tools.
For cryptocurrency trading, Immediate Connect stands out by offering fee-free transactions, extensive altcoin options, and an industry-leading integrated wallet. Together these features make Immediate Connect one of the best one-stop platforms for active crypto trading and long-term holdings.
Add on valuable resources for market analysis, an innovative copy trading module, and attentive customer service, and Immediate Connect becomes a top choice in the crowded field of trading platforms.
Overall, while every trader has different needs, our experience is that Immediate Connect provides an excellent package for both CFD and crypto traders. We highly recommend Immediate Connect to those looking for a reliable, low-cost, full-featured trading platform. Open an account today to see for yourself why Immediate Connect is a leading choice among active traders globally.