By Immediate Momentum Review – Scam or Legitimate Trading Software
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content
Immediate Momentum is a trading platform that promises that you will ‘discover a world of trading possibilities’ through its collection of user-friendly tools that make it easy for even beginners to gain the upper hand in the crypto market.
But can this tool really help you develop trading strategies like it claims, or is it merely a scam platform trying to phish your details? Explore the answer in this Immediate Momentum review.
Immediate Momentum Summary
Before we give you our insight into the different claims that Immediate Momentum makes, here are some of the key details that you must know.
| Supported Crypto | Stocks, currencies, commodities and indices |
| Claimed Success Rate | Not specified |
| Available on Mobile? | No mobile app mentioned |
| Fees | No fee detail is available |
| Customer Support | Accessible to registered users |
| Withdrawal Speed | It can take up to 24 hours, depending on the payment mode |
| Minimum deposit | Not specified |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection
What is Immediate Momentum?
Claiming to be a user-friendly platform that’s suitable for traders for all levels, Immediate Momentum promises that it can help you keep up your winning momentum as you trade stocks, currencies, commodities, and indices.
Helping with this, the site claims are tools and features that cover everything from market analysis to regular updates to keep you aligned with the current market. Immediate Momentum also talks about educational tools that consist of webinars, trading tutorials, as well as market analysis reports.
“Each of these features”, writes the site, “help traders improve their trading skills and let them follow the latest trends.”
In terms of payments, Immediate Momentum claims to support multiple methods that are secured through multiple security measures and protocols that protect users’ personal and financial information.
However, the site goes deep into naming any of these “top features”. Because the data is vague, independent testing is necessary. But that requires signing up, which, while free, won’t open the site to you as platforms like these often require a minimum deposit. While that should not have been an issue, Immediate Momentum has withheld fee and minimum deposit details information from its user base.
Due to the site’s sheer ambiguity, we recommend that you be careful. Only move ahead if you are sure that the site offers whatever it claims.
Immediate Momentum Pros and Cons
Immediate Momentum is not big on providing information related to the platform. But we could grasp some details that could tell us its pros and cons.
Pros
- It has a simple sign-up process
- It claims to be a user-friendly platform.
- Claims that personalized support, probably a robo advisor, helps users trade
- Investors can stay updated with real-time data – according to claims
- Supports currencies, stocks, commodities and indices
Cons
- No details about the features available on the website
- The site seems to work as a standard trading platform, with no specific USP
- There is no info about the fee or the minimum deposit
How Does Immediate Momentum Work?
In this section, we assess how the platform works using the limited information we have been provided.
Immediate Momentum discusses the presence of a user-friendly interface that gives access to charting, analysis, and technical indicators – which are tools that are common in manual trading sites.
The platform also mentions that there would be different trader account options – demo account, standard account, and advanced account.
The demo account is likely a trial account meant to give users the lay of the land. The standard account might be for beginner-level traders who want to engage in spot trading, while the advanced account likes gives users access to options and derivatives trading.
Should the trading process gets too complex, the site reportedly offers personalized assistance through a team of brokers providing the necessary support.
This information tells us that Immediate Momentum behaves similarly to a standard trading platform. It expresses support for cryptocurrencies and talks about how the crypto market is dynamically shifting while hinting at potential support for DeFi and metaverse tokens.
Overall, it operates as a fully manual trading software lacking any characteristics associated with auto trading platforms. But while Investors will have to trade manually, they will be provided with personalized support, according to claims.
Immediate Momentum Key Features
Here is the list of standard features Immediate Momentum claims to offer:
User Friendly Interface
“Immediate Momentum’s platform is designed to be simple, even for beginners”, the website says. While we cannot comment on the actual trading platform, the official website’s layout looks simple. Everything was placed neatly, and it was easy to sign up.
Educational Resources
From trading tutorials to webinars to market analysis reports, Immediate Momentum claims that a lot of educational resources are given to users to help them keep up with the market.
Support for Multiple Assets
Immediate Momentum is not exclusively a crypto trading platform. It also states that it supports stocks, commodities, and indices. In terms of crypto assets, it talks about DeFi and metaverse tokens, which may indicate that it allows users to buy and sell diverse cryptocurrencies.
Advanced Trading Tools
According to Immediate Momentum, different types of charts, graphs, and other tools are within an investor’s reach. “These will help you understand the crypto market dynamics”, the site says, allowing them to make critical trading decisions based on changing trends.
Real-time Market Data
Immediate Momentum also mentions that investors have access to real-time market data that they can use to trade in a more informed manner.
Multiple Trader Accounts
There are three types of trader accounts available according to Immediate Momentum: Demo Account for practice, standard account for beginner-level traders and advanced account for veterans.
Personalized Support
Immediate Momentum states that it provides a personalized team that supports traders throughout the day. While it is akin to a customer support team, it resembles a team of advisors who may provide step-by-step guidance while trading.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection
Immediate Momentum Account fees
Immediate Momentum makes no mention of the account fee on the website. We also tried to get this information via FAQs, and came up empty. We recommend talking to the customer support team to get an answer.
Immediate Momentum Minimum Deposit
There is no info about the minimum deposit requirement. But seeing how similar it is to the other info-focused websites we have checked out before, it is likely that it has a minimum deposit requirement of about $200 – $300.
Immediate Momentum Compatible Devices
Our reviewers analyzed the website on the following devices and found it was working correctly:
- Desktop
- Laptop
- Tablet
- Smartphones (Apple and Android)
The site was visible across every device, and it was easy for us to sign-up. But that is only how the website works. The trading tools may provide a similar experience.
Is Immediate Momentum a Scam?
Immediate Momentum appears to be a simple trading platform that claims to provide simple tools to make investing accessible for all. It does not make any lofty claims about the win rate – which is probably because it is not an AI trading bot – and it also doesn’t say that investors are guaranteed to make money.
In fact, it has posted an important risk note at the bottom of the website stating that it is possible for 70% of investors to lose money.
However, there are some critical points to note that don’t inspire much confidence in this website. For one, the information is lacking – which is kind of telling, considering it claims to be an “information-focused” trading platform. It only makes passing remarks about the tools it supposedly offers and doesn’t expand on them.
The lack of fee and minimum deposit detail – although not a big issue – is still inconvenient. Another reason to be wary is that while Immediate Momentum has been covered by third-party sites, they describe the Immediate Momentum system as an autonomous trading platform.
In terms of customer reviews, there are few online at the time of writing. Other platforms such as Altrix Edge also have a very similar UI and website design.
Due to the mixed nature of these findings, we cannot say for certain whether this site is legit or a scam.
Immediate Momentum Customer Support
There is personalized customer support available, but it is only for those who register on the platform. The website claims that the team is accessible for assistance throughout the day.
How to use Immediate Momentum?
The steps below will help you start trading on Immediate Momentum:
Step 1 – Visit the Immediate Momentum Website
First, visit the Immediate Momentum site and provide your first name, last name, email and phone number. Use a burner number if you only want the team to reach out to you via email.
Step 2 – Make the Minimum Deposit
An advisor will call you and guide you through the remaining steps to create an account. Ask for the deposit requirement and make the deposit using the methods available.
Step 3 – Start Trading on Immediate Momentum
Choose the demo trader account first to test the site. Switch to a standard trading account if you want spot trading features, and check the advanced trading account if you want other utilities.
How to Delete an Immediate Momentum Account?
Immediate Momentum doesn’t talk about how one can delete an account. Go to the dashboard and see if there is a button to terminate your trading account. If not, reach out to the customer support team.
Is Immediate Momentum Endorsed by Celebrities and Big Brands?
There are some talks on third-party review sites about Immediate Momentum’s affiliation with celebrities like Elon Musk, Jeff Bezos, and others. But there is no proof of those rumors. The site itself does not talk about any of these endorsements – overall we rate these claims false.
Who is the Founder of Immediate Momentum?
There are no details available about who is running the platform. There is no About Us page or a team section that could give us any information. We also tried looking at social media sites, and typing “Immediate Momentum” didn’t give us any hits. The developers are anonymous, which is a red flag since Immediate Momentum also talks about supporting assets besides cryptocurrencies.
Latest Bitcoin News
The offerings of Immediate Momentum, if true, do require you to be constantly updated about the crypto market – specifically Bitcoin because the entire cryptosphere follows the peaks and valleys of this asset. Here are the latest Bitcoin news to know:
- Bitcoin is experiencing high levels of volatility right now since rejecting its $30k support. However, many experts state that a surge could be coming thanks to a falling wedge pattern forming.
- Analysts have said that Bitcoin must reach $98k to ensure that miners stay in business after the upcoming halving.
The Verdict
Immediate Momentum is an info-focused platform. It does not talk about any outlandish win rate or claims to provide autonomous trading services that let you buy and sell assets without actively trading. It only talks about standard features that only stand out because it states that they are user-friendly.
However, the site offers no information other than saying that there are “tools” provided. There is no way to check the educational resources or assess any of the other perks that it supposedly has. No one on the internet other than a handful of third-party sites is talking about it, and there is no word about its team.
Due to these factors, we aren’t certain about its claims as a legitimate platform. Therefore, we recommend that you only choose this trading software if it meets your investment requirements.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection
Immediate Momentum FAQs
What is Immediate Momentum?
Immediate Momentum is a manual trading platform that claims to offer a lot of simple-to-use tools to make trading easy for even beginners. It also promises to give educational resources and other utilities to investors. All these perks are unverified, which is why we recommend exercising caution.
Does Elon Musk endorse Immediate Momentum?
Elon Musk hasn’t discussed anything about Immediate Momentum now or ever before. The tech magnate is mostly a Dogecoin hype man and has shown no interest in endorsing any crypto trading site. Considering that Immediate Momentum is an unknown trading platform, it is unlikely that Elon Musk is aware of it.
