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.
Immediate Code advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Wide product range|Social trading features|Multiple order types
Cons: Slow to add new assets|None so far
The platform at Immediate Code is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for the past year and a half of dealing with this, I have had enough.
Pros: Good analytical tools|Portfolio tracking tools
Cons: No crypto staking
Immediate Code 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: Reliable uptime|Customizable dashboard|Detailed reporting|Educational resources
Cons: Search feature is basic|Cannot customize dashboard fully
My withdrawal request from Immediate Code has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Intuitive for beginners|Market news feed|Social trading features|Transparent fees
Cons: Website design could be more modern|Withdrawal takes 1-2 business days
After spending for about three months trying to make Immediate Code work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Copy trading available|Multi-currency support|Dedicated account manager|Responsive team
Cons: Minimum deposit could be lower|No phone support on weekends