Immediate Peak is a cryptocurrency trading bot that makes trading easy for newbies and more efficient for professionals. The bot is gaining popularity because of the strides it has made to level the playing ground for retail traders.
While crypto trading bots have been established as a legit and profitable concept, Immediate Peak’s trustworthiness as a trading bot may still be unsure. We’re here to clear all doubts.
Our Immediate Peak review dives into the nuts and bolts of this trading bot. We uncover its inner workings, explore its features, pros and cons, and make a case for whether or not the bot is a suitable trading tool.
Our extensive research did not turn up any evidence that Immediate Peak is illegitimate. Hence, our conclusion is that the bot is a legitimate crypto trading platform.
To sign up for a free account with Immediate Peak, use the link below to get started and an account manager will walk you through the process.
Immediate Peak is a cryptocurrency trading robot that automatically trades cryptocurrencies on behalf of its users. It uses automation technologies like AI and machine learning to adapt to various market conditions.
The bot aims to help traders become profitable without spending as much effort, time, and resources as those who trade manually.
The crypto market trades non-stop, so the bot is programmed to trade round-the-clock to keep up with the market.
Immediate Peak’s creators are anonymous, as there is no information about them on the official site or social media. While this would ordinarily be concerning, it is a regular occurrence with crypto trading bots.
However, we believe that the team comprises, or at least involves, math, finance, and software development experts because of the skillsets needed to build and maintain a bot of this nature.
Also, trading robots whose founders are known usually follow this template.
Although anonymous founders are typical, you must be cautious and consider essential factors before using the bot. We touch on some of these factors in the sections below.
Immediate Peak leverages AI technology, deep learning, probability models, and data analytics to analyze crypto market data and make predictions.
The bot works on the principle that various market variables, like price, have relationships with other variables that play out in every market cycle. These relationships can be represented mathematically.
Because of this, the bot can spot recurring patterns in the market and pinpoint the relationships that cause them. When the pattern begins to form in the prevailing cycle, the bot can predict how price will react based on the nature of the relationship.
At this point, the bot will either send a notification for a potential trade opportunity or, if programmed to, automatically execute a trade. If you set parameters, the bot will integrate them into the current trade. If not, the bot will map out entry, exit, and stop loss levels.
From then on, the bot simply monitors the trade to take profit at the set level or close the trade at the stop-loss level.
To execute these trades, Immediate Peak works with verified brokers who provide the MT4 or MT5 terminal. The bot also trades Contracts for Differences (CFDs) which are financial derivatives that represent the price movement of an underlying asset, like crypto, allowing you to trade them instead.
CFDs are more capital efficient than the assets they represent and can be traded both long and short simultaneously. They also allow traders to use leverage to increase their position sizes without increasing the capital requirements.
To begin trading, you must deposit a minimum of $250 into your brokerage account.
Immediate Peak features a demo account that allows users to trade real market conditions without risking real cash. This account is designed to create an environment where traders can test new strategies, build skills, explore the bot’s features, and more without losing money.
Note that you need to deposit at least $250 to access the demo mode.
The platform has a customer service team on standby, ready to help with any account issues and enquiries. They are available 24/7 via email and live chat. The live chat channel is the faster channel but is more suitable for quick and easy fixes. More technical issues can be directed to the email.
Immediate Peak is partnered with various crypto brokers around the world to deliver its services on a global scale. These brokers are top-tier and have licenses from major agencies within their regions.
Immediate Peak boasts a success rate of 93%, which places it near the top of crypto trading bots. Realistically, its trading success is not that high, as even sophisticated hedge funds do not achieve anything close on a large scale.
However, the bot consistently generates profit for its users.
Immediate Peak processes withdrawals within 24 hours and supports various funding methods. These funding transactions are also free of charge and support USD, GBP, and EUR.
Some payment channels supported include bank transfers, PayPal, and credit cards.
Getting verified on Immediate Peak is quick and easy. The platform never asks for documents it does not need, cutting the number of documents to go through. All you need is a valid ID card and documents that display your address.
Once you submit these documents, verifications take a few minutes, provided there are no issues in authenticating them.
How does Immediate Peak perform in action? We explored essential aspects of its day-to-day operations and ranked its performance on a scale of 5.
Immediate Peak uses modern infoSec technologies and methodologies to safeguard user data. One such is SSL encryption which blocks malicious traffic from entering the bot’s ecosystem.
The platform also installs various types of firewalls to keep data secure. On the side of the users, the platform encourages the use of two-factor authentication to protect accounts from breaches even in the case of leaked passwords.
Immediate Peak’s verification process is pretty straightforward. You submit the necessary documents, which are then authenticated on the back end.
The entire process can take as little as 20 minutes, depending on the region, but is usually done within a day. The same is true for the bot’s broker partner. Verifying our accounts with them was quick and easy.
Immediate Peak’s withdrawal process is quick and easy. Requests are usually processed within 24 hours, and there are no limits on the amount you can withdraw. The platform also refrains from charging withdrawal fees, so the process is free.
The exact time used to process withdrawals depends on the total amount of withdrawal requests during the period. Sometimes, the process could take longer.
At other times, you may be asked to prove you are making the request. You can do this by taking a picture of you holding up your ID, preferably the one used for verification.
Immediate Peak is virtually free to use. The bot doesn’t charge for funding, trading, or account maintenance.
However, we say virtually free because there are some costs associated with using the bot, they just aren’t charged by the bot itself. For example, your financial provider may charge a fee to send funds to your account.
In that case, although the bot doesn’t charge for withdrawals, the cost is still somewhat associated with using the bot.
Immediate Peak is the recipient of both good and bad reviews online. This is not concerning because even the best products have some bad reviews; however, the good ones far outweigh the negative ones.
We ensured we stuck to neutral third-party sites and independent user reviews to avoid bias. Many of the reviews matched our own experience using the bot.
Customer service on Immediate Peak is fast and effective. The team is always standing by, ready to help, and reaching them is easy with live chat and email. People who do not hold accounts do not have access to the live chat but can still send emails.
To test the team, we reached out to them on four occasions. Each time, their response was swift and respectful.
Immediate Peak’s broker partners are well-regulated and have strong reputations over several years of service. Most of them are registered with the Cyprus Securities Exchange Commission (CySEC), but some are registered under other bodies.
Note that we could not vet each broker individually as several are available, and we only have access to brokers within our region, so ensure you enquire about any broker before using them.
Immediate Peak accepts deposits in USD, GBP, and EUR through bank transfers, credit card payments, and electronic wallets like PayPal and Skrill. Deposits are free, and the speed depends on the channel you use.
Immediate Peak is not the only bot on the market. Other competitors offer impressive features and benefits. Here, we explore some of the other bots available.
We have not found any traces of fraud or non-compliance with Immediate Peak. The bot does what the website says it does. The company has not had any run-ins with the law or regulatory bodies, and the bot works with legitimate brokers; which adds to its legitimacy.
The online reviews we found also corroborated the bot’s legitimacy, as several users reported success with their trading.
Immediate Peak implements security measures to uphold an adequate measure of safety. An example is SSL encryption on the platform’s domain to protect from malicious traffic and Cloudflare to protect from DDOS attacks.
The platform also implements platform firewalls to protect from other forms of remote attacks. It also encourages users to use two-factor authentication (2FA) to secure their accounts.
Immediate Peak can achieve high profitability levels, thanks to its computational abilities. These profit levels may not be as high as advertised, but it is certainly higher than those of the average professional trader.
Immediate Peak carries out analysis automatically and executes and manages trades with minimal human intervention. This saves users time that would have otherwise been spent on research and monitoring.
Experienced traders can also use the bot’s automated trading capabilities to test and refine purely mechanical strategies and, if successful, create a winning rinse-and-repeat strategy.
Immediate Peak can execute sub-second trades, impossible speeds for humans. This is handy during volatile periods like news events and even flash crashes. The bot can quickly execute loss mitigation strategies to preserve profit.
Immediate Peak is always available because the crypto market is always open. Once activated, the bot will trade a set strategy for as long as its program dictates. You can run strategies across time frames and trading sessions.
Although Immediate Peak’s default is an automated mode that handles most of the analysis and execution, it also provides a manual mode that allows users to customize most of its functions.
Advanced users can program the bot to run more sophisticated strategies and create new indicators.
Immediate Peak does not charge for any of its services. Deposits and withdrawals are free, and so is trade execution. The bot makes money by adding a markup to the trading pair. This has no effect on your trading but allows the bot to continue to offer its services without direct cost.
While different traders will use the bot in various ways, some overlaps can create an effective framework.
Most traders start with the demo account. The demo mode is an environment that allows traders to explore without direct financial repercussions. You can test new strategies, try your hands on new pairs, and build skills.
The length of time you use the demo mode depends on your skills going in and how fast you learn. Experienced traders may not spend much time using the demo mode as they already have trading knowledge and often only need to test the bot’s features or the viability of a new strategy.
Once you have acclimated to the bot’s interface, features, and the market, you can move to the automated trading mode. Advanced traders may customize the bot, but newbies and intermediate traders should use the automated mode.
You should learn how to set trading strategies when practicing with the demo mode so that you can do so when using the automated mode. Set your trading parameters and deploy them. You may want to monitor them for the first few days or hours (depending on your strategy) to ensure it works properly.
Being a popular crypto trading bot, Immediate Peak has been the subject of various internet rumors about its origin, partnerships, and funding. We came across rumors that Immediate Peak appeared in business and entrepreneurial shows.
We researched these rumors to debunk them. Here are our findings.
Dragons Den is a British entrepreneurial show where business owners pitch their businesses and ideas to a panel of investors to get funding. Founders of budding technology companies have appeared on the show; however, none have been from Immediate Peak.
Shark Tank is a US version of Dragon’s Den that features entrepreneurs primarily in the US. Rumors arose that representatives from Immediate Peak appeared on the show to secure funding from one of the Sharks. However, a review of past episodes showed that these rumors are false.
CNBC is a television network known for its news, documentaries, and finance shows like News Squawk. Rumors arose that Immediate Peak was featured on one of CNBC’s shows to publicize their product. We found no episodes in the CNBC archives where the bot was featured.
Elon Musk is a known crypto supporter. The CEO of Tesla and Twitter (now X) loves Dogecoin and is reportedly trying to integrate payments into the Twitter app. As such, rumors arose that he was approached by people from Immediate Peak for a partnership.
However, no official statements have been made in that regard; hence, all claims are false.
The rumor around partnerships between Immediate Peak and Bill Gates is one of the odd ones as the Microsoft founder and philanthropist has not shown any support for cryptocurrency.
In fact. He has publicly spoken out against the industry, stating that crypto gains its value from the greater fool theory.
Mark Cuban is a familiar name in the investing and crypto space. The Billionaire investor owns a few crypto-related companies and has used his platform to advocate for crypto and NFTs.
While Mark has been involved with crypto projects, there are no records of him ever partnering with or endorsing Immediate Peak.
New traders shouldn’t go all in on a trade, even when using AI algorithms. A common occurrence is that new traders get excited when they begin to see positive returns and then disproportionately increase the capital they risk.
When a trade goes south (and it always does), their losses then outweigh their gains and they end up worse than they started.
Just because Immediate Peak can run strategies and carry out analysis doesn’t mean you shouldn’t know how to. There are an infinite number of factors that could affect price action that the bot couldn’t possibly see coming, but you can.
A good example is the AI trend that has taken this year by storm. Bots couldn’t see that coming, but humans could with the launch of ChatGPT. The more knowledge you acquire, the more effective you become at reading and profiting from narratives.
Documenting your trades helps you do two major things. The first is to create a record for tax purposes. Countries have begun to implement tax frameworks for digital assets and their derivatives. You’ll need your records to remain compliant.
The second reason is to improve your trading. When you have information on how your decisions pan out, you can tweak them as needed to become more profitable.
New traders often reinvest their profits into their accounts in a bid to grow their capital. While this is a smart strategy, you should avoid putting all your eggs in one basket. This means that only a portion of earnings should be returned to your account.
The rest should be placed elsewhere, such as a crypto savings account, ideally used to create a financial cushion.
No one grows quickly in a vacuum. You’ll need inputs from industry experts and market leaders to help make informed decisions.
The best way to do this is to get exposed to market commentary and reports. You can get on Twitter, crypto social media central, to connect with experts in the field. Alternatively, you can subscribe to reports from industry leaders like Messari.
To begin using Immediate Peak:
Navigate to the bot’s website and fill out the signup form with your name, email address, and phone number. After creating the account, you’ll be sent a confirmation email with a verification link.
You should receive a verification link in your inbox. Follow it to complete your registration and verify your account. Upload ID documents like a government-issued ID and an official document that displays your name and address. This could be a bank statement or a utility bill.
After verification, you’ll need to choose a broker to place trades with. Immediate Peak partners with several across the world, so you’ll need to choose one that works in your region.
You’ll need to deposit funds into your account to get access to a live account. This is also the case for a demo account. You can deposit in USD, GBP, or EUR using bank transfers, credit cards, or PayPal. The minimum is $250.
Use the demo mode to create and test a trading strategy. It can be as simple as outlining entry, exit, and take profit levels. Once done, test it in the demo mode and refine it until you are satisfied with its performance.
Once you deposit, activate a live account and execute your strategy. You may want to monitor it for a while to ensure everything works well.
Immediate Peak supports over 6 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Dash (DASH), Monero (XMR), and Bitcoin Cash (BCH). However, thanks to the combination with fiat currency, you can trade over 20 CFD pairs.
Immediate Peak offers up to 1000:1 leverage on CFD trades. This is high in every region and is not advised, especially for new traders.
Leverage allows traders to increase their position size and multiply their gains without adding more capital, however, it is a double-edged sword that can do the same with losses. Luckily, you don’t have to use the entire facility.
The spreads added to the market spread are not displayed on the site or in the account dashboard. You’ll need to check with the account brokers to get that information.
Immediate Peak is a trading bot that makes trading easy for newbies and professionals by using AI technology to adapt to various market conditions and make price predictions based on established mathematical relationships between price variables.
The interface is easy to use for newbies and features powerful customizations that veteran traders can use to boost efficiency.
Trading is virtually free as the bot does not charge funding or trading fees. It does, however, add a markup to spreads to make a profit.
To begin trading with Immediate Peak, sign up for an account and deposit at least $250.
We review crypto robots by aggregating various tests, reviews, and testimonies across the web, allowing us to give you a balanced view that accounts for multiple perspectives. Check out our why trust us and how we test pages for more information on our testing process.
We are aware that the internet is full of false testimonies: there are several purported trading robots out there that are, in fact, scams. For this reason, we find it important to compare information from across the internet in our Immediate Peak review.