Immediate Profit: Test, experiences and user opinions for 2021
Trading cryptocurrencies can be complex and time-consuming. Prices have to be analysed and trading positions regularly monitored. Many people are therefore looking for practical alternatives. Automated trading systems promise just that: programmed trading bots monitor crypto prices in real time and automatically place trades when conditions suggest price gains.
immediate-profit-logoThe investor can sit back while the automated trading bot trades. But could automated trading really be that simple? Is Immediate Profit reputable? What Immediate Profit experiences do users really have? Here are all the results in an Immediate Profit test.
What is Immediate Profit?
Immediate Profit is an automated trading robot that trades Bitcoin, Ethereum and other cryptos for users. As an investor, you are supposed to make profits from day 1 - at least that is the promise.
Immediate Profit is an automated trading system that works using artificial intelligence (AI) and algorithms developed by experts. Based on historical price data and market developments, decisions are made as to when trading positions should be opened or closed.
Immediate Profit primarily trades cryptocurrencies (Bitcoin, Ethereum and others) and forex pairs. Because these markets are highly liquid and permanently open, profits can be made 7 days a week. Jointly developed by experienced traders, statisticians and mathematicians, the trading robot takes the trading out of the hands of investors.
Accordingly, users can also try manual trading if they wish:
Simply define desired trading conditions as well as when and how to trade (position size, limits, risk management). The trading robot takes care of the execution for Immediate Profit. The automated trading system follows the financial markets around the clock, also taking economic indicators and market developments into account. By evaluating this wealth of information in real time, maximum profit can be achieved for investors.
Which cryptocurrencies can be traded?
The Immediate Profit trading robot trades leading cryptocurrencies for you - you just have to specify in the settings which ones and how many should be traded. You can choose from the following cryptocurrencies:
You also have the option to manually place trades with these cryptocurrencies.
How exactly does Immediate Profit work?
Immediate Profit stands between the trader and his account with a regulated broker. The trading robot can be integrated into the broker's system via an interface (Application Programming Interface API).
For this, the user must release the necessary authorisation at the broker. The Immediate Profit trading robot can then send signals to the broker, whereby corresponding trading positions are opened or closed at the given time. The respective amount of cryptocurrency is bought or sold at the broker.
The provider states that its bot achieves an accuracy rate of 99%, although this is too optimistic. Analysts' reports on the internet suggest that the accuracy rate is actually around 83%. This statement could only be validated by complex tests, but an evaluation of user feedback suggests that customers are consistently happy with the results.
However, a trading robot cannot guarantee profits. The responsibility always remains with you as an investor. In order for the software to trade according to your wishes, you have to set the asset value, the deposit amount and the maximum profit and loss.
Signing up and trading with Immediate Profit
Step 1: Open a trading account
First of all, you have to create an account. On the start page of Immediate Profit you will find a short registration form on the right.
Simply fill in your first name, last name, email address and telephone number. The phone number is required to redeem your free consultation.
Then click on "Start Now" to submit your details to Immediate Profit.
Step 2: Deposit minimum amount
You will now be redirected to the website of the trading robot, your user data is stored. You have to deposit money that can be traded for you. To do this, click on the Euro symbol in the right-hand column. A payment form appears where you can make the deposit by credit card, bank transfer or Klarna.
To test the platform first, we recommend transferring the minimum amount of 250 EUR. This amount is customary in the industry and is also required by other providers, such as Immediate Edge, Immediate Bitcoin or Bitcoin Trader. The corresponding amount of Bitcoin will then be purchased and deposited for you.
Enter the payment details and confirm the purchase by clicking on the "BUY" button.
Step 3: Start automated trading
After the money has been received in the trading account, trading can start. Immediate Profit's trading robot trades automatically. The robot is based on an algorithm developed by experts, mathematicians and traders. It analyses market events in real time and can use even minimal price differences through several trading positions to make profits.
The trading system follows your instructions and starts trading. You can view all trading activities in your portfolio on the screen at any time. If you wish, you can end them immediately or deactivate the trading bot. This can be advisable especially during longer bear phases in the market. If you prefer to trade manually yourself, this option is also available to you.
Is Immediate Profit reputable?
Immediate Profit's offer sounds almost too good to be true. However, the use of automated trading robots has been common among institutional investors for a long time and is becoming more and more widespread. Immediate Profit also offers private investors the opportunity to profit from automated trading systems. However, it is questionable how precisely they actually work.
We question the stated accuracy rate of 99%, it seems too high. Analysts have rated the accuracy rate at 83% on multiple observations, which seems more realistic given the satisfied investors.
Immediate Profit is a reputable provider and not a scam. Traders who proceed with caution and trade without much leverage can make good money.
Advantages and disadvantages of Immediate Profit
Immediate Profit makes the use of the crypto robot palatable to its users with numerous advantages. First of all, the tool offers a massive time saving, as one is freed from manual trading with cryptocurrencies. As an investor, you can let the trading robot trade on your behalf - according to your own risk tolerance and preferences, 7 days a week. This is done by integrating the robot with online brokers, and the desired trades are opened or closed via trading signals.
While other providers only trade Bitcoin, Immediate Profit can also trade Ethereum, Litecoin, EOS, Ripple and Bitcoin Cash. This increases the chances of winning and risks or market volatility can be better balanced. There are no fees or commissions for using the bot.
Immediate Profit ExperiencesHowever, there are a few disadvantages to this. It is somewhat irritating that the provider advertises its trading robot with exaggerated and somewhat shouty representations - a 99% accuracy rate is simply not realistic.
In terms of transparency, it would be desirable for the provider to provide data on the past investment performance of the trading robot - which it unfortunately does not do. In addition to registering with Immediate Profit, a trading account with a supported online broker is required.
Conclusion: Our Immediate Profit experience
On its website, Immediate Profit makes you sit up and take notice with some remarkable claims. However, earning around the clock and more than EUR 1,000 per day seems to be a somewhat exaggerated representation of the profit opportunity. These promises of profit are to be regarded with scepticism; it is also impossible for us to verify these results. Therefore, we find it somewhat surprising that the provider advertises with such exaggerated promises.
On the other hand, it is more serious to check how the trading robot works. An automated trading system like Immediate Profit can be a valuable addition to a crypto investor's portfolio. Through its activity, the trading robot can secure profits for the investor without them having to permanently analyse the markets.
We therefore advise against investing too large amounts with a system like Immediate Profit. Letting a part of one's crypto portfolio work here makes perfect sense. Every investor wants to invest a little in cryptos to hedge against high inflation and market volatility.
As a warning, we would like to note once again that the trading robot cannot guarantee any profits. Every investor remains responsible for his own success, Immediate Profit can be a support in this.
Immediate Profit is a serious provider and not a scam. We recommend interested readers to start Immediate Profit with the minimum deposit of 250 EUR and to get to know the functioning and success rate step by step.
Immediate Profit is a trading robot for cryptocurrencies that can trade automatically on behalf of the user. Profits can be made, but there is no guarantee. The algorithm has about 83% accuracy rate, but there is always an inherent trading risk.
No, no profits can be guaranteed with Immediate Profit. Especially in bearish market phases, unforeseen developments are to be expected. The trading bot builds on past price fluctuations - financial profit is not unlikely, but losses cannot be ruled out.
No, neither Dieter Bohlen nor other celebrities have invested in Immediate Profit. Although there are many headlines about this on the internet, the provider has never confirmed this rumour.
It cannot be said for all users, but many people report good results and positive Immediate Profit experiences online. Some have made solid profits. However, since there is always a risk, it is advisable to test the platform gradually and with small amounts.