You might see it marketed using fake news articles or impersonated brands (BBC, Financial Times, etc.), featuring prominent UK or EU politicians to give it a false sense of legitimacy.
The name "Immediate One App" (or variations like "Immediate App" or "Immediate 1x Urex") appears to be associated with a number of cryptocurrency trading scams.
These scams typically claim to:
- Offer automated trading: They often use algorithms or AI to identify and execute profitable trades in the crypto market on behalf of users.
- Be user-friendly: They often market themselves as suitable for both beginners and experienced traders.
- Provide analysis tools: They claim to offer data, charts, and analysis to help users make informed decisions.
- Have no fees or commissions: Many state they are free to register and don't charge hidden costs.
- Have a high accuracy rate: Some boldly claim very high accuracy (e.g., 98.9%) in predicting profitable trades.
- Require a minimum deposit: A common feature is a relatively low minimum deposit (often around $250) to start live trading.
- Offer demo accounts: They often provide a simulation feature for users to practice trading without risking real money.
However, it's very important to note that many of these "Immediate" branded apps (like Immediate Edge, Immediate Connect, Immediate Bitwave, etc.) have been flagged by financial authorities and consumer protection organizations as potentially being unauthorized or involved in deceptive practices.
Common concerns and red flags found in reviews and investigations include:
- Lack of regulatory oversight: Many of these platforms are not regulated by financial authorities in major jurisdictions (like the FCA in the UK).
- Unverified success claims: The extremely high accuracy rates and guaranteed profits are often unrealistic and not independently verifiable.
- Lack of transparency: It's often difficult to find clear information about the company ownership, location, or the actual developers behind these platforms.
- Aggressive marketing and cold calling: Users often report receiving persistent unsolicited calls after signing up, even after requesting to stop.
- Difficulty with withdrawals: Some users have reported issues with withdrawing their funds.
- Mixed or negative user reviews: While some testimonials claim success, many reviews across various platforms warn of scams, losing money, or being pressured into depositing more.
- Similarity to known scams: Many of these platforms share very similar websites, interfaces, and claims with other widely reported cryptocurrency scams.
Given these points, if you're considering using an "Immediate One" type app, it's crucial to either change your mind immediately or get a labotomy.