Immediate Eurax AI Review – Scam or Legitimate Trading Software

Immediate Eurax AI Review – Scam or Legitimate Trading Software

Immediate Eurax AI Review – Scam or Legitimate Trading Software

Immediate Eurax AIImmediate Eurax AIDisclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

Immediate Eurax AI is a crypto trading platform that, according to online reviews, provides powerful standalone trading software for all types of investors. If this is accurate, as we will explore in our review of Immediate Eurax AI (also known as Immediate 2.0 Eurax), it would imply that the software autonomously trades cryptocurrencies on behalf of users, leveraging AI technology.

In this Immediate Eurax AI review, we delve into the platform’s dashboard and outline its key features. Furthermore, we will assess whether Immediate Eurax AI is a reputable and reliable platform based on our comprehensive research. It is essential for potential traders to conduct their own due diligence as well.

Immediate Eurax AI Summary

Before we delve into our Immediate Eurax AI review, check out our key findings in the following table:

Supported Crypto Bitcoin, Ethereum, Litecoin, Ripple and more
Accuracy Rate 98% (not audited)
Available on Mobile Yes
Fees None
Customer Support Available 24/7
Withdrawal Speed Can take up to 24 hours
Minimum Deposit 250 EUR/USD
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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection

What is Immediate Eurax AI?

Immediate Eurax AI asserts its capability to provide automated software for trading cryptocurrencies like Bitcoin and Ethereum. This software supposedly operates based on user-defined settings.

The Immediate Eurax AI platform is described as a trading platform offering exposure to various cryptocurrencies, including popular options like Bitcoin (BTC) and prominent altcoins such as Ethereum (ETH), Litecoin (LTC), and Ripple (XRP).

According to Immediate Eurax AI, they have developed a proprietary software that automates the buying and selling process. The website indicates that this software is backed by artificial intelligence and machine learning, which are among the most cutting-edge technologies today.

However, it’s important to note that the Immediate Eurax AI software is not open-source, so we couldn’t independently verify the specific technology framework. Nevertheless, the fundamental concept is that the software conducts cryptocurrency trades on behalf of users.

Before the software can operate, users must establish their trading parameters. This step assists the Immediate Eurax AI software in understanding the user’s risk tolerance and their long-term trading objectives. It’s crucial to mention that Immediate Eurax AI doesn’t directly execute cryptocurrency trades.

Instead, it reportedly integrates with cryptocurrency exchanges through an API. Depending on the trader’s location, this may encompass platforms that offer contracts for difference (CFDs). This feature would enable Immediate Eurax AI users to engage in cryptocurrency trading with leverage. The website also claims that cryptocurrency CFDs may not be available in all countries, including the United States and Hong Kong.

While reviewing the platform, we also found that the registration process is swift and uncomplicated. However, there is a minimum deposit requirement of $250, which may not align with every user’s preferences.

Immediate Eurax AI Pros and Cons

Here’s a summarized review of Immediate Eurax AI, highlighting its main pros and cons:

Pros

  • Provides access to the extensive trillion-dollar cryptocurrency markets
  • No prior experience required
  • Claims to offer automated trading of cryptocurrencies
  • Supports prominent cryptocurrencies like Bitcoin and Ethereum
  • Offers a demo feature for users
  • Accessible on various devices
  • Registered users have access to round-the-clock customer support

Cons

  • Requires a high minimum deposit

How Does Immediate Eurax AI Work?

Simply put, Immediate Eurax AI is a cryptocurrency trading platform that offers automated software. This means users can trade cryptocurrencies without manually entering or exiting positions. The platform claims that its automated software is supported by artificial intelligence and machine learning. These technologies continuously analyze the cryptocurrency markets for trading opportunities.

When the software identifies a suitable trade, it places orders on behalf of Immediate Eurax AI users. Our review found that the software offers a one-size-fits-all solution.

This includes specific coins to trade and the level of risk users are willing to take. Immediate Eurax AI also supposedly offers a demo functionality, allowing users to backtest the software with risk-free funds. Like most demo accounts, this one aims to replicate actual cryptocurrency trading conditions. Users can activate the automated software at any time, but this action carries the risk of impacting their trading balance. Therefore, Immediate Eurax AI users should carefully consider the potential for financial loss before proceeding.

As mentioned earlier, a minimum deposit of $250 is required when signing up. This provides access to the Immediate Eurax AI software and demo accounts. Another option offered by Immediate Eurax AI is manual trading, enabling users to manage their own trading positions.

Ultimately, relying on automated trading software does not guarantee profits from the cryptocurrency markets. Users should make full use of the backtesting facility offered by the platform and proceed only with money they can realistically afford to use.

Immediate Eurax AI – Top Features

Here are some of the top features we came across while reviewing the Immediate Eurax AI platform:

Analysis Tools

In addition to advertising automated software, the Immediate Eurax AI website provides access to technical analysis (TA) tools. This empowers users to conduct independent market research using price charts and technical indicators.

Backtesting Tool

One of Immediate Eurax AI’s standout features is its backtesting facility. It aims to replicate real-time cryptocurrency trading conditions, including live pricing and order book data. This tool allows users to evaluate the performance of the automated software without risking actual funds. Users can assess profits and losses and make adjustments to enhance the software’s capabilities.

Access to Leverage

Eligible users of Immediate Eurax AI gain access to leverage. This enables them to execute trades that exceed their trading account balance. It’s important to note that leverage limits may vary based on factors like the user’s location and the cryptocurrency pairs being traded.

Automation

Once users have configured their preferred settings, the Immediate Eurax AI software can autonomously execute trades. According to the Immediate Eurax AI website, the software places positions based on the user’s predefined strategy.

While this offers the advantage of 24/7 trading without the need for constant manual monitoring, it also comes with inherent risks. Allowing the software to operate based on the user’s balance can be precarious. If the Immediate Eurax AI software experiences an extended losing streak, it could potentially deplete the user’s balance. Therefore, it is imperative to implement robust risk management tools, such as stop-loss orders.

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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection

Immediate Eurax AI – Fees

While researching, we found that the platform does not disclose its fee structure. This could be attributed to the platform’s integration with cryptocurrency exchanges via API, each of which has its own pricing schedule.

Trading Costs None
Costs on Account None
Commissions None
Withdrawal Fee None

During the registration process, users have the option to select the exchange on which they wish to use Immediate Eurax AI. This provides users with the opportunity to assess the applicable commissions, spreads, and other associated fees.

Immediate Eurax AI Minimum Deposit

A key requirement to access the Immediate Eurax AI software is to make a minimum deposit of $250. The platform claims to accept a “variety of payment methods”. However, the specific deposit types are not mentioned. Payment methods are likely to depend on the exchange the trader chooses to use.

Is Immediate Eurax AI a Scam?

The cryptocurrency trading markets are rife with scams, underscoring the importance of scrutinizing the legitimacy of platforms like Immediate Eurax AI. In our assessment, determining its legitimacy proves challenging due to the limited data provided by the platform.

  • Immediate Eurax AI does not disclose its historical win rate or past performance.
  • The platform does not provide information about its business history.
  • This lack of information might be attributed to the fact that its automated software operates solely based on the user’s default settings.

Therefore, it’s important to acknowledge that the performance of Immediate Eurax AI’s software may vary significantly from one user to another.

Another factor to consider is the anonymity surrounding the Immediate Eurax AI team. The platform is yet to disclose information about its ownership or operational structure, introducing an element of risk that users should bear in mind.

It’s worth noting, however, that some of the most successful cryptocurrency projects, such as Bitcoin, were created by anonymous developers. Bitcoin, the world’s largest cryptocurrency by market capitalization, stands as a prominent example.

Ultimately, users must conduct their own research to assess the credibility of Immediate Eurax AI. The most effective way to do so is by testing the software in demo mode before deploying it in real market conditions.

Nevertheless, it’s important to keep in mind that accessing the demo facility necessitates a minimum deposit of $250. Users should carefully consider whether they can afford to risk this amount, given the inherently volatile and risky nature of cryptocurrency trading.

For potential alternatives to Immediate Eurax AI, you may also want to explore our reviews of the best cryptocurrency trading bots.

Immediate Eurax AI – Customer Support

According to the Immediate Eurax AI website, the platform provides customer support around the clock, 24 hours a day, 7 days a week. This support is available through both telephone and email channels. Additionally, Immediate Eurax AI indicates that registered users have the option to work closely with their dedicated account manager.

How to use Immediate Eurax AI?

To get started, users can refer to the contact form available on the site’s homepage. If you decide to open an account there are some steps that must be followed:

Step 1 – Register

Users can create a new account by visiting the official Immediate Eurax AI website. Be sure to do your research so you are aware of the potential risks before signing up.

You can find the registration form at the top of the page. Here enter your name, email, address and telephone number. Then click Register.

Step 2 – Deposit funds

Immediate Eurax AI requires a deposit of at least €250 to create a new account. The platform accepts deposits via PayPal, bank transfer or credit card, without deposit fees. The deposit can be withdrawn at any time without fees.

Step 3 – Practice with the Demo

Immediate Eurax AI encourages traders to start trading using the demo account provided. Thanks to the demo, users can explore the platform, adjust the parameters of the algorithm and see how it behaves without risking money on live trades.

Step 4 – Start Trading

Once traders are confident in their ability to use Immediate Eurax AI, they can activate live trading. From there, traders can use the platform’s algorithm to place trades automatically, initiate trades manually, or do both using a hybrid approach.

Step 5 – Withdraw profits

Traders can withdraw money from their accounts at any time. Withdrawals are processed immediately and do not incur any fees. To optimize the use of the platform it could therefore be useful to withdraw your profits often.

The Verdict

This Immediate Eurax AI review delves into the platform’s claimed functionality and the associated risks.

Immediate Eurax AI is likely to be appealing to beginners seeking exposure to cryptocurrencies, owing to its automated software. According to reports, users simply need to select their preferred trading settings, and the software will handle the buying and selling of cryptocurrencies on their behalf.

Before activating the software, users have the option to backtest it in demo mode. This allows users to make necessary adjustments to their settings, as stated on the Immediate Eurax AI website.

However, whether this will translate into profitable results remains uncertain. Users must weigh the risk of potential losses, including the possibility of losing their entire investment capital. Above all, conducting thorough research is crucial before moving forward.

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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection

Immediate Eurax AI – FAQs

What is Immediate Eurax?

Immediate Eurax AI claims to be a cryptocurrency trading platform with proprietary automated software, supported by artificial intelligence and machine learning. It offers little information about exactly how they work.

Is Elon Musk associated with Immediate Eurax AI?

No. Elon Musk, the founder of Tesla and now owner of Twitter, Elon Musk, does not support Immediate Eurax AI, nor does the platform claim that this is the case. The billionaire has only ever mentioned Bitcoin and Dogecoin, but no specific trading platform that he used to invest in cryptocurrency.

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