Immediate Matrix Review 2024 - Is it a Scam?
Immediate Matrix claims to be a trading bot with a rapidly growing reputation that makes cryptocurrency trading easier for both novice and seasoned traders. Claiming to use automation, statistical modelling, and data analytics, Immediate Matrix supposedly lets you monitor and trade within the market.
So, let’s dive in and find out if these claims are true or if Immediate Matrix is in fact a scam.
Our Investigation Result: Immediate Matrix doesn't seem to be a legitimate trading platform
Following our extensive research and investigations, we believe that the platform’s claims are untrue, and Immediate Matrix is not a legitimate crypto trading platform.
Immediate Matrix Summary
Minimum Deposit | $250 |
Fees and Commission | None |
Claimed Success Rate | 90%+ |
Supported Cryptocurrencies | 14 |
Deposit and Withdrawal Fees | None |
Trading Platform | MT4 |
Demo Account | Yes |
Verification | KYC |
Leverage | 100:1 |
What is Immediate Matrix?
Immediate Matrix claims to be an automated cryptocurrency trading bot that saves traders time and effort by executing profitable trades for them.
It promises to help novice traders who require more expertise to make profitable crypto trades. The bot supposedly works 24/7, so even while they’re asleep, users can apparently use this tool to take advantage of trading opportunities during important trading periods across different time zones.
The platform also claims to offer various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and XRP, available to investors, as well as forex, contract for difference (CFDs), and stocks.
The trading platform claims access to reliable data streams, enabling users to stay informed on the latest price movements, meaning they can make informed trading decisions at the click of a button.
However, despite these impressive claims our research indicates that Immediate Matrix isn’t a legitimate crypto trading platform.
Who Created Immediate Matrix?
The Immediate Matrix developers are still mostly unknown. We do know that developing an algorithmic trading bot of this kind will require knowledge of finance, maths, and software development.
Because of this we would assume that the team behind the platform consists of mathematicians, software developers, and finance traders – assuming it actually does what it claims it does.
How Does Immediate Matrix Work?
It’s claimed that Immediate Matrix uses mathematical models to represent the relationship between different market factors. The bot supposedly examines these figures and predicts potential future changes.
It’s claimed that the bot continuously searches the market, uses statistical models to process market data, recognises the behaviours of market variables, and projects price fluctuations.
It then apparently uses contract for differences (CFDs), which are derivatives that track changes in cryptocurrency prices and allow trading without actual ownership of tokens, to execute trades.
However, despite these claims and the significant level of interest in this algorithmic trading bot from cryptocurrency investors, we haven’t been able to verify any of these claims or assertions.
Is Immediate Matrix a Legitimate Autotrader?
Our investigation indicates that Immediate Matrix may not be a legitimate autotrader. Whether it is a scam or simply a platform that doesn’t do what it says it does, it’s not a cryptocurrency platform we’d recommend to our readers.
Has Immediate Matrix Been Featured on TV?
A recent rumour around Immediate Matrix was that it sought funding from prominent business and entrepreneurial shows. We set about to verify these claims, but found no evidence supporting them. Here are the results of our investigation:
Dragons’ Den
This well-known British entrepreneurial show has entrepreneurs pitch their projects to a panel of investors. There have been several technology company founders on the show, but none were related to Immediate Matrix.
Shark Tank
Shark Tank is the US version of Dragons’ Den and also features entrepreneurs seeking funding from investors. Contrary to rumours that representatives from Immediate Matrix were featured on the show, our investigation discovered no evidence of this.
CNBC
CNBC is a finance and business-focused television network, with many shows dedicated to these topics. Rumours had been that Immediate Matrix was featured on one of CNBC’s shows, but after our investigation, we discovered no episodes with the bot in the network’s history.
Has Immediate Matrix Received Celebrity Endorsements?
A number of online claims imply that Immediate Matrix has collaborated with popular celebrities to advertise the platform. We attempted to ascertain the validity of these assertions, and this is what we found:
Elon Musk
Elon Musk has been known to be active in the crypto industry and is often associated with influencing crypto markets through his social media posts. However, our investigation found no association between Elon Musk and Immediate Matrix. It does not seem like he has been involved with the platform.
Bill Gates
Founder of Microsoft and popular philanthropist, Bill Gates has not expressed support for crypto. He has openly expressed dislike for decentralised, encrypted networks. There were no connections between Bill Gates and Immediate Matrix after our investigation.
Mark Cuban
Having actively invested in NFT platforms, Mark Cuban is well known for his involvement in cryptocurrency, especially NFTs, and for promoting the technology on a number of TV shows.
Although there were reports that Mark Cuban was partnering with Immediate Matrix to endorse the platform, our investigation disproved these claims. Mark Cuban and Immediate Matrix have never officially worked together.
Review Methodology
Information from a variety of sources, such as online tests, reviews, and testimonials, is gathered for our review process. By taking into account various viewpoints, we present a fair assessment of Immediate Matrix, concluding that it is not a crypto platform we could recommend to our readers.
We are aware of the prevalence of fraudulent testimonials on the internet and work hard to compare data in order to deliver an unbiased Immediate Matrix review.
For more details on our testing procedure, see our why trust us and how we test pages.