Immediate Connect Review: Is It a Scam or Not? Online Broker
The following is a brief introduction to the topic:
Immediate Connect, an online brokerage company, offers a variety of trading instruments for their clients. In this review we will examine company history, trading platforms, account types and trading tools, fees as well as security measures and regulation. In this review, we will list Immediate Connect’s pros and cons and recommend it to potential customers.
Immediate Connect – Company Overview
Immediate Connect, founded in 2015, has become a respected online brokerage company. The mission of the company is to offer their clients innovative trading tools and resources in order to give them the best trading experience possible. Immediate Connect has been licensed and regulated in the United Kingdom by the Financial Conduct Authority.
Immediate Connect won numerous awards for its excellent service, including Best Trading Platform Award by Forex Awards 2020.
Immediate Connect Trading Platform
Immediate Connect is a simple-to-use trading platform. It is accessible on desktops and mobile devices. The platform includes real-time charts, news feeds, and quotes. Platform security measures ensure that client funds are safe.
Trading Instruments
Immediate Connect provides a wide range of trading instruments for their clients. These include forex, stocks and commodities, as well as cryptocurrencies. These instruments are available on the trading platform and clients can trade them anytime.
Types of Account
Immediate Connect has three types of accounts: the Standard account (the default), the VIP account (the premium account), and the Demo account. Standard accounts require a $250 minimum deposit, while VIP accounts require a $10,000 minimum. Demo accounts are free, and allow clients to practice without risking any of their own funds.
Trading Tools and Resources
Immediate Connect provides its clients with a variety of trading tools and resources. The resources offered include a calendar of economic events, tools for technical analysis, and educational materials. Customer support is also available to clients 24/7.
Trading Fees and Charges
Immediate Connect charges its clients for spreads, overnight fees, and commissions. Spreads start at 0.1 pip for forex and commissions start at $0.01 per share for stock trading. The overnight fees are dependent on the type of account and the trading instrument. Immediate Connect offers competitive fees in comparison with other brokers.
Security and Regulation
Immediate connect takes security of its clients‘ money seriously. The company uses SSL encryption and segregated accounts to safeguard their client’s data. Immediate Connect, Inc. is also regulated and supervised by the FCA. This ensures that they follow strict regulatory guidelines.
Pros and cons
Pros:
- Multiple trading instruments available
- Trading platform that is easy to use
- Competitive rates
- Customer service is important
Cons:
- Educational resources are limited
- Minimum deposit amount for VIP accounts
The conclusion of the article is:
Immediate Connect, a reputable online broker, offers a wide range of trading instruments, an easy-to-use trading platform and fees that are competitive. The FCA regulates the company, ensuring that it follows strict regulatory guidelines. Immediate connect is a good online broker that we recommend to customers looking for one.
FAQs
- What is leverage?Leverage refers to the use of borrowed money in order to increase an investment’s potential return.
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What is a „margin call“?
A margin call is when a broker demands that an investor deposit more funds in order to maintain the minimum balance of a margin account. -
What is a Stop-Loss Order?
Stop-loss orders are placed with brokers to sell securities when they reach a specific price. -
What is slippage
The slippage is the difference in price between the price expected for a trade, and the price that the trade was executed at. -
What is a Trading Platform?
Trading platforms are software that allows traders to execute transactions and access financial markets. -
What is a Demo Account?
Demo accounts are trading accounts that allow clients to practice their trading without risking any of their own funds. -
What is a Trading Instrument?
Trading instruments are financial assets that can be traded. Examples include forex, stocks or commodities. -
What is the main difference between a regular account and a VIP?
A VIP account offers a higher deposit minimum and additional benefits such as lower fees, a personal manager and reduced fees. -
What are economic indicators
Economic indicators include statistics about the economy such as inflation or employment rates. -
What is technical analysis and what does it involve?
Technical analysis is the study and prediction of future trends based on past data such as volume and price.