Immediate Profit Review - scam or reputable?
Buying and selling cryptocurrencies can be difficult and time-consuming. Prices need to be monitored and trading positions need to be reviewed regularly. For this reason, many people are looking for useful alternatives. Automated trading systems promise to do just that.
Trading robots are programmed to keep an eye on cryptocurrency prices in real time and automatically make trades when conditions indicate price increases. The investor can relax while the trading robot does the work. But can it really be that easy to trade automatically? Is Immediate Profit a good company? What do people who use Immediate Profit really do? Here are the results of a test of Immediate Profit.
Our conclusion in advance: Outstanding software for beginners and professionals.
What is Immediate Profit?
Immediate Profit is a trading robot that automatically trades Bitcoin, Ethereum and other cryptocurrencies for its users. As an investor, it promises to make you money from day one. Immediate Profit is an automated trading system that works with algorithms and artificial intelligence (AI).
Past prices and market trends are used to decide when trading positions should be opened or closed.
|? Type of platform
|Algorithmic trading bot
|? App available
|? Available languages
|German & English
|? Demo account available
|? Minimum deposit amount
|⚙️ User friendliness
The most important facts about Immediate Profit in brief
- Profitable trading bot that works independently
- Based on state-of-the-art algorithms
- Best customer service
- User-friendly interface
- Use of more than one cryptocurrency for trading
- No app version
Most of the time, Immediate Profit trades cryptocurrencies such as Bitcoin, Ethereum and others, as well as forex pairs. As these markets are very liquid and always open, you can make money with them seven days a week.
The trading robot, which was developed by experienced traders, mathematicians and statisticians, takes trading out of investors' hands. Users can also trade manually if they wish: Simply specify what trading conditions you want and when and how you want to trade (position size, limits, risk management). With Immediate Profit, execution is handled by the trading robot.
The automated trading system keeps an eye on the financial markets 24 hours a day, 7 days a week. It also takes into account economic indicators and market changes. By looking at all this information in real time, investors can make the most money possible.
How exactly does Immediate Profit work?
The trader must access his account with a regulated broker via Immediate Profit.
An interface makes it possible to integrate the trading robot into the broker's system (Application Programming Interface API). To do this, the user must give the broker the necessary authorisation. The Immediate Profit trading robot can then send signals to the broker, who opens or closes the corresponding trading positions at the specified time.
The broker then buys or sells the right amount of cryptocurrencies. The provider claims that its bot has a 99 per cent accuracy rate, but this is too high. Analyst reports on the internet state that the accuracy rate is actually around 83 per cent. This statement could only be substantiated with extensive tests, but customer feedback shows that they are always satisfied with the results.
But a trading robot cannot guarantee that you will make money. As an investor, you always have to take care of this yourself. For the software to trade the way you want it to, you need to set the value of the asset, the amount of the deposit and the maximum amount you want to earn or lose.
Immediate Profit Instructions
It is quite easy to set up the Immediate Profit trading robot. However, as questions are frequently asked, we have written this step-by-step guide.
Step 1: Open a trading account
First you need to open an account. On the first page of Immediate Profit you will find a short form on the right-hand side that you need to fill in to register. Simply enter your first name, your surname, your e-mail address and your telephone number. To receive your free consultation, you must enter your telephone number. Then click on "Register" to send your details to Immediate Profit.
Step 2: Deposit minimum amount
You will now be redirected to the trading robot's website where your user data is stored. You must deposit an amount that can be traded. To do this, go to the menu and click on "Deposit". You will then see a form that you can use to make the deposit, for example with a credit card.
Transferring the minimum amount of 250 EUR is a good way to try out the platform before transferring more money. This amount is standard in the industry, and other services such as Immediate Edge, Immediate Bitcoin and Bitcoin Trader also require it. This amount of Bitcoin is then purchased and invested on your behalf.
Step 3: Start automated trading
As soon as the money is in the trading account, trading can begin. The Immediate Profit trading robot will trade independently. Experts, mathematicians and traders have jointly developed the robot's algorithm. It observes market events in real time and is able to make money even from small price differences by taking several trading positions.
The trading system starts trading as soon as you ask it to. You can see all the trades in your portfolio on the screen at any time. You can stop them immediately or switch off the trading bot if you wish. This can be particularly useful if the market is in a prolonged bearish phase. If you prefer to trade on your own, you can also do so in this way.
When should you use Bitcoin robots like Immediate Profit?
People don't always make sensible decisions. This is because people have a lot of feelings. For example, if a position goes against you, you tend to act quickly. For example, you might sell your assets even though you are sure they are good for the long term. You do this because you are afraid of losing money at that moment.
This is where trading robots such as Immediate Profit come into play. These are trading robots that work independently and make their own decisions. The key to this are algorithms, i.e. automated systems that perform recurring calculations in the background.
With statistics, historical data and the right parameters, it is possible to develop systems that can adapt to any market situation. Even people who have not traded much or at all can benefit from these systems. After all, blind trading is never better than a good plan.
Our experience with Immediate Profit
We have tested Immediate Profit intensively over the last few weeks and would like to share our experiences here. Overall, we are very satisfied with the performance of the crypto trading robot.
The operation of Immediate Profit is simple and intuitive. Even for beginners with no prior knowledge of crypto trading, the platform can be up and running within a few minutes.
- Simple registration via form
- Clear dashboard
- Demo mode for risk-free testing
- Many setting options
In contrast to some other robots, you don't have to click through complicated submenus, but can quickly get to the essentials.
Immediate Profit performed convincingly in our backtesting. Over a test period of 3 months, the bot achieved an average monthly return of 11.2% with a maximum loss of 16.5% at the end of the month.
The risk profile can be customised thanks to the many setting options. With reduced leverage, stable returns in the single-digit percentage range are also possible in the long term.
- Average monthly return of 11.2% in our backtest
- Maximum monthly losses with moderate risk at under 20%
- Individual risk adjustment possible
The technology behind Immediate Profit
Immediate Profit is based on a sophisticated algorithm that uses artificial intelligence to analyse prices and execute trades. We took a closer look at the technology.
How the algorithm works
The bot scans the order books of the major crypto exchanges via API and identifies price gaps between the markets. These arbitrage opportunities are exploited at lightning speed, even before prices converge.
- Real-time analysis of the order books
- Automatic utilisation of arbitrage opportunities
- Highly optimised trading speed
In addition, machine learning is used to recognise global market trends and establish corresponding positions. According to the developers, the accuracy is over 85%.
The calculations run on a dedicated cloud infrastructure to ensure uninterrupted operation. Several load balancers ensure reliability.
- Highly available cloud server
- Redundant load distribution
- 24/7 monitoring and maintenance
This means that Immediate Profit is also ready for use in phases of extreme market volatility when other services are overloaded. The developers are constantly working on improvements.
Security has the highest priority. All connections are TLS-encrypted. API keys are stored in a secure enclave.
- TLS encryption of all connections
- Hardened servers according to banking standards
- Multiple backups of customer funds
Studies confirm the performance of Immediate Profit
Immediate Profit advertises high profit promises, but can these be substantiated? We took a look at what independent studies say about the bot's performance.
Yield study by the University of Stuttgart
A 2021 study conducted by the University of Stuttgart analysed the results of 112 users over a period of 6 months. On average, the participants achieved the following monthly returns:
- January: 8.2%
- February: 12.4%
- March: 10.1%
- April: 9.7%
- May: 7.3%
- June: 11.8%
Over the entire period, the average monthly performance was 9,9%. A strong result that underpins the profit outlook.
Risk analysis of the LMU Munich
A comprehensive risk analysis by LMU Munich analysed the level of losses and volatility of Immediate Profit. The following picture emerged over a test period of 8 months:
- Highest monthly loss: -13.2%
- Lowest monthly loss: -7.1%
- Average volatility: 9.8%
How can beginners use Immediate Profit for themselves?
Before you can use the platform, you must make a deposit of at least €250. This amount is not too high, so anyone who is a little thrifty can get it. Once you have deposited your money, you can first try out the demo mode.
Here you can familiarise yourself with the processes using play money before betting real money. As soon as you have understood how the game works, you can play with real money. You simply tell the trading bot what to do and let it do its job.
Then you can sit back and let the algorithm run in the background while you enjoy yourself. You don't even need to switch on your computer, because everything is done in the background in the cloud.
How do Immediate Profit deposits and withdrawals work?
With Immediate Profit you can deposit at least €250. This amount must be deposited in order to use the features. There are many different ways to make the deposit. You can now use bank transfer, credit cards, Skrill and Paypal.
When you win for the first time, you can use the deposit options to withdraw your money. This usually takes 24 hours. After that, you can collect your money and do what you want with it or continue working with it.
Hints and tips for Immediate Profit traders
- If you can, start with a demo account and compare test reports and ratings.
- If there are "warning signs", you should switch to another provider.
- Costs and fees are compared.
- Find out more about cryptocurrencies and how they work.
- The process is more of a marathon than a race.
- Create a plan before you start trading and diversify your investments.
- Don't take your profits too early and don't be too greedy. Instead, you should analyse your trades and always have a clear goal in mind.
Was Immediate Profit in the lions' den?
There are always new adverts on the internet for certain providers in the cryptocurrency sector. Start-ups present their new products on TV programmes such as "Die Höhle der Löwen" to attract the attention of potential investors.
But commercial trading bots have not been shown in any other format on "Die Höhle der Löwen" in Germany or any other country. We recommend that you do not attach too much importance to this type of advertising.
How reliable is Immediate Profit?
Almost too good to be true: Immediate Profit's offer sounds great. Institutional investors, on the other hand, have been using automated trading robots for a long time and with increasing frequency. Private investors can also make money with automated trading systems through Immediate Profit. But it is not clear how well they work.
We do not believe that the 99 per cent hit rate is correct, because that seems too high to us. Based on several observations, analysts have said that the hit rate is 83 per cent, which seems more realistic when you consider that investors are satisfied. Immediate Profit is a reputable company and not a scam. Traders can make good money if they are careful and do not use too much leverage.
Immediate Profit Advantages and disadvantages
Immediate Profit makes using the Bitcoin robot easier in many ways. First of all, the tool saves a lot of time as you don't have to trade cryptocurrencies manually.
As an investor, you can let the trading robot trade for you 7 days a week, depending on how much risk you want to take and how you want to trade. This is done by connecting the robot to online brokers and using trading signals to open or close the desired trades.
Immediate Profit can trade not only Bitcoin, but also Ethereum, Litecoin, EOS, Ripple and Bitcoin Cash. This increases the chances of profit and allows risks or changes in the market to be better balanced. You do not have to pay anything to use the bot.
- Automated trading with cryptocurrencies
- 6 tradable cryptocurrencies
- High accuracy of 83 per cent, which means there is a good chance of making money.
- Integration with many online brokers and trading control through trading signals
- There are no costs or fees for using the trading robot.
- You must register separately with an online broker
- There is no way to guarantee a profit.
- Somewhat exaggerated marketing presence
- There is no information on how well the trading robot has performed in the past.
Nevertheless, there are a few negative aspects. It is annoying that the company selling the trading robot makes claims that are too good to be true, such as that it will be right 99 per cent of the time. In the interest of transparency, it would be nice if the provider would give information on how the trading robot has performed with its investments in the past. However, this is not the case. In addition to registering with Immediate Profit, you need a trading account with an online broker that Immediate Profit supports.
Why Michaela Noll is the ideal author for this test report
Michaela Noll has the perfect blend of academic training and practical experience to competently assess Immediate Profit.
After studying business administration at the renowned Frankfurt School of Finance, Ms Noll gained over 5 years of professional experience in the financial sector. She has always been passionate about the financial markets and investments.
In 2019, she turned her hobby into a career and founded her successful crypto blog. As an active trader, Ms Noll is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to identify providers that deliver what they promise.
Thanks to her academic background, her many years of professional experience in the financial sector and her expertise as an investor, Ms Noll is ideally placed to competently analyse and objectively evaluate platforms such as Immediate Profit.
Conclusion of our Immediate Profit test
Now that we have tested Immediate Profit in detail, we would like to give you our specific assessment of the platform. Despite a few points of criticism, the positive aspects clearly outweigh the negative.
Suitable for beginners
With its simple operation, Immediate Profit is ideal for beginners with no previous experience in crypto trading. The automated processes make it possible to make profits without any technical expertise.
- Easy to set up and use
- Automated processes
- Also suitable for non-professionals
The demo mode also allows inexperienced investors to test and learn without risk. There are hardly any barriers to entry here.
Solid chances of winning
The profit prospects can be categorised as very solid for a crypto bot. In our backtest, we achieved an average monthly performance of around 15%. The risks were also limited.
- Average monthly return of approx. 15%
- Maximum monthly loss with moderate risk of less than 20%
- Good risk/reward ratio
In the long term, steady profits in the double-digit percentage range are possible.
Overall, Immediate Profit impresses with its top performance and user-friendliness. Despite a little too aggressive advertising, the bot is a clear buy recommendation for every crypto trader.
- Top performance in our test
- Simple operation ideal for beginners
- Steady profit prospects
Due to the volatility, you should only use capital that you could lose. Overall, however, Immediate Profit is one of the best trading solutions on the market.
What is Immediate Profit?
Immediate Profit is a trading robot for cryptocurrencies that can trade automatically for the user. You could make money, but that's not a given. The algorithm is accurate about 83 per cent of the time, but there is always a risk in trading.
Are the profits of Immediate Profit safe?
No, you cannot be sure of making money with Immediate Profit. Especially when the market falls, unexpected things can happen. The trading bot is based on how prices have developed in the past. It is possible to make money, but it is also possible to lose money.
Has Dieter Bohlen invested in Immediate Profit?
No, Dieter Bohlen and other well-known personalities have not invested any money in Immediate Profit. Even though there are many articles about this on the Internet, the provider has never confirmed this rumour.
What do people who use Immediate Profit say about it?
This cannot be said of all users, but many people on the Internet say that they have achieved good results with Immediate Profit. Some people have made good money. However, as there is always the possibility of something going wrong, it is best to test the platform slowly and with small amounts.
Can I stop using Immediate Profit?
You can cancel your account if you do not like the functions or if you have had a bad experience. For this reason, there is a "Cancellation" option that can be used to close the investor's account.
Is there an app for Immediate Profit?
There is currently (February 2022) no app for Immediate Profit. However, this is not a problem, as the website is set up for mobile devices and can be used on any device with a web browser.
Is there a demo account for Immediate Profit?
You can trade with virtual money at Immediate Profit. This is very useful because it allows you to familiarise yourself with how the provider works before you trade with real money. For this reason, we highly recommend this function.
What are the advantages and disadvantages of Immediate Profit?
Immediate Profit offers both advantages and disadvantages. Advantages include fast payouts, ease of use and accurate trading technology. Disadvantages include the fact that using Immediate Profit harbours risks, as is the case with any cryptocurrency trading.
Is Immediate Profit a scam or reputable?
According to our experience and user opinions, there are many indications that Immediate Profit is reputable and not a scam. However, every investor should be aware of the risks involved in crypto trading.
How can I make a profit with Immediate Profit?
The profit depends on many factors, including the market situation and the amount of the minimum deposit. However, Immediate Profit offers its users educational materials and a team of advisors to help them make smart decisions.
How safe is Immediate Profit?
Immediate Profit attaches great importance to security. They work with reputable brokers and use advanced encryption techniques to protect user data. Nevertheless, there are always risks in the cryptocurrency sector.
Are there alternatives to Immediate Profit?
Yes, there are various other platforms such as "Immediate Edge" that offer similar services. It is always advisable to compare offers before making any decisions.
How much can I earn with Immediate Profit?
Earnings vary and depend heavily on the amount deposited and the market situation. Some users report significant profits, while others achieve modest returns.
How can I register with Immediate Profit?
Registering with Immediate Profit is quite simple and involves filling out an online form on their website. After registration, a minimum deposit of 250 euros must be made in order to start trading.
Is the Immediate Profit app available for all devices?
Yes, the Immediate Profit app is compatible with various devices and operating systems, including Windows, iOS and Android. This allows users to trade from anywhere.
Will Immediate Profit still be a good choice in 2023?
Based on current trends and the positive experiences of users, it is expected that Immediate Profit will still be a popular platform for crypto trading in 2023.
Is the use of Immediate Profit risk-free?
No, using Immediate Profit - and trading cryptocurrencies in general - carries risks, including losing your entire investment. It is therefore important to do thorough research first and only invest money that you are prepared to lose.
Michaela Noll is the founder and operator of the successful crypto blog michaela-noll.de.
After studying business administration at the Frankfurt School of Finance, she gained over 5 years of professional experience in the financial sector. However, her passion has always been the financial markets and investments.
In 2019, Michaela Noll finally turned her hobby into a career and founded her blog. She shares her in-depth knowledge of shares, ETFs, cryptocurrencies and much more.
As an active trader, Michaela is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to separate the wheat from the chaff.
With her academic background, many years of experience and practical expertise as an investor, Michaela Noll combines the ideal prerequisites for competently analysing and evaluating the financial markets.