Immediate Code 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.
Opened my account with Immediate Code after comparing multiple platforms and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Reliable uptime|Detailed reporting|Multiple order types|Professional team
Cons: Alert system is basic
Immediate Code 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: Real-time alerts|Educational resources|Dedicated account manager|Portfolio tracking tools
Cons: Minor UI glitches occasionally
Immediate Code has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Segregated accounts|Excellent charting
Cons: Nothing significant|No phone support on weekends
The hidden fees at Immediate Code 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: No hidden fees|API access
Cons: Wish they had more educational resources
I wanted to transfer my portfolio from another broker to Immediate Code. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Low minimum deposit|Excellent charting|Automated trading options
Cons: Help articles are sometimes vague|Could offer more webinars
Immediate Code seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Risk management tools|Transparent fees|Good mobile app|Fast support response
Cons: Alert system is basic|Limited social trading features
Immediate Code locked my account without warning and demanded documents I had already submitted. for a few weeks now later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Smooth onboarding|Excellent charting|Fast support response|Competitive fees
Cons: Minimum deposit could be lower|Mobile app could be improved
My withdrawal from Immediate Code was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for the past six months of being strung along.
Pros: Demo account available|Full transparency|Dividend tracking
Cons: Inactivity fee applies after 12 months
I want to warn everyone about Immediate Code. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
I was about to invest with Immediate Code 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: Unauthorized firm|Found in IOSCO warnings database