Recently, there has been an unprecedented growth in cryptocurrency popularity worldwide, leading to the growth of various crypto trading platforms. While some are legitimate businesses that provide valuable services, others are simply scams designed to defraud people of their funds – one such platform being Immediate Connect.
Immediate Connect is a cryptocurrency trading platform that promises users access to MetaTrader 4 (MT4) and support for popular cryptocurrencies like BTC, ETH and BCH. Unfortunately, there have been multiple reports of the platform being a scam; therefore we will take a closer look at its features, services and legitimacy in this review.
Fees and Accessibility
Immediate Connect bills itself as a free-to-use platform that charges no registration, trading, accounting or software fee nor commission from its members. Furthermore, the platform offers demo accounts and access to its platform on web browsers across any OS platform (including mobile OS). However, users must first deposit an initial amount of $250 before trading commences.
Registration and Making an Initial Deposit
Registration on Immediate Connect requires users to provide personal and financial information, including their full name, email address, phone number, and valid form of identification. As an initial deposit requirement of $250 is also necessary – not as a registration fee but an investment fee that puts money to work immediately after being deposited into Immediate Connect’s investment portfolio. Deposits can be made using all major credit cards, PayPal accounts or wire transfers.
Immediate Connect: Legal and Ethical Aspects
Immediate Connect advertises itself as a legitimate crypto trading platform, yet there are several red flags that indicate otherwise. For one, the platform appears to be an exact replica of another legitimate crypto trading platform – immediate-connect.com – with only the difference being its domain extension:.org.
Immediate Connect, registered in Czechia on 18th/July/2021 and last updated on 15th/July/2022, has an age of 1 year 8 months and 25 days; its registration will expire on 18th/July/2023 within 3 months and 7 days. With an awful 8% trust score, 38.2% business ranking, high suspicion score of 45%, 28% malware/spam rate of 10% spam code plus 32% phishing attempts/threat scores totalling 32 % are unknown; additionally Immediate Connect has no Alexa ranking and 30/100 domain authority score.
Immediate Connect Reddit
A search of Immediate Connect on Reddit yielded no user reviews or ratings, which is surprising considering it has been active for two years now. Nineteen customer reviews on a third-party website rated Immediate Connect an appalling 1.7/5 stars. Fortunately, more than twenty website reviews were neutral indicating neither scam nor legitimacy is present with this platform.
Conclusion
Immediate Connect appears to be a high-risk website for financial transactions and poses risks to users’ devices, personal and payment data. Although the platform claims to be legitimate, several red flags point towards otherwise. These include being an exact replica of another crypto trading platform called Immediate Connect with only minor differences in domain extension. Furthermore, Immediate Connect’s low trust ratings, business Alexa scores, suspicion levels, malware/threat scores, spam reports and phishing attempts further add credence to its dubious activities.
