Immediate Connect (immediateconnect.net) has been flagged by ASIC (Australia) for "Unlicensed". Link to warnings from overseas regulators: FCA - https://www.fca.org.uk/news/warnings/immediate-connect and FSMA - https://www.fsma.be/en/warnings/fraudulent-trading-platforms-how-fraudsters-obtain-your-data This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: immediateconnect.net.
KYC with Immediate Connect (immediateconnect.net) 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: Risk management tools|Comprehensive tools
Cons: Some tools only available on higher tiers
Immediate Connect (immediateconnect.net) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Transparent fees|Two-factor authentication
Cons: Minor UI glitches occasionally
Do not use Immediate Connect (immediateconnect.net) for anything serious. I used them for over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Quick verification|High security standards|Reliable uptime|Personal attention
Cons: No phone support on weekends
After since the beginning of the year with Immediate Connect (immediateconnect.net) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Good analytical tools|Fast deposits
Cons: Withdrawal takes 1-2 business days
I gave Immediate Connect (immediateconnect.net) a fair chance. After for about three months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Good analytical tools|Wide product range
Cons: Email notifications too frequent|Could offer more webinars
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 Connect (immediateconnect.net) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multi-device support|Competitive fees
Cons: Limited cryptocurrency options
I wanted to transfer my portfolio from another broker to Immediate Connect (immediateconnect.net). 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: Multiple order types|Clear documentation
Cons: Email notifications too frequent
The reporting at Immediate Connect (immediateconnect.net) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Real-time alerts|Dividend tracking|Automated trading options
Cons: Some tools only available on higher tiers|No dark mode on mobile
I requested my data from Immediate Connect (immediateconnect.net) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: High security standards|Automated trading options
Cons: No crypto staking
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Immediate Connect (immediateconnect.net) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Economic calendar|Easy withdrawals|Instant funding|Professional team
Cons: Wish they had more educational resources