Immediate Ai Bank has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
KYC with Immediate Ai Bank is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Copy trading available|Social trading features
Cons: Spreads widen during volatile periods|Some tools only available on higher tiers
Immediate Ai Bank changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Market news feed|Regular platform improvements
Cons: Live chat only during business hours
Immediate Ai Bank offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Transparent fees|Reliable uptime|Portfolio tracking tools
Cons: Inactivity fee applies after 12 months
The only good thing about Immediate Ai Bank is that they remind you why regulation matters. I found them after a family member had a good experience. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Risk management tools|Responsive team
Cons: Account statements could be more detailed|Research section could be deeper
I had a dispute with Immediate Ai Bank and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Reliable uptime|Demo account available|Social trading features|Educational resources
Cons: Search feature is basic|Charting tools need more indicators
I was about to invest with Immediate Ai Bank but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The hidden fees at Immediate Ai Bank are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Demo account available|Excellent charting|Great customer service
Cons: Spreads widen during volatile periods|Charting tools need more indicators
I experienced a security concern with my Immediate Ai Bank account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Transparent fees|Regular platform improvements|Smooth onboarding|Wide product range
Cons: Account statements could be more detailed|Limited social trading features
I invested $5,000 with Immediate Ai Bank after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.
Cons: Blocked my account|No legitimate license|Fake returns
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Immediate Ai Bank said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Educational resources|Real-time alerts|Transparent fees|Great customer service
Cons: Desktop app not available on Linux