Immediate Granimator Review – Is it Scam? – CFDs and Real Cryptos
Introduction
Immediate Granimator is an online trading platform that allows users to trade a range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, as well as CFDs (Contracts for Difference) on various financial instruments. With its user-friendly interface, competitive fees, and extensive range of trading tools, Immediate Granimator is quickly becoming a popular choice for traders looking to enter the world of cryptocurrency.
In this review, we will examine the features and benefits of Immediate Granimator, compare CFDs and Real Cryptos, analyze scam allegations, and review customer feedback to help potential traders make an informed decision.
Background Information
Immediate Granimator was founded in 2015 and is headquartered in London, UK. The platform is regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. The team behind Immediate Granimator consists of experienced traders, financial analysts, and software developers who are committed to providing a secure and reliable trading environment.
Features and Benefits of Immediate Granimator
Immediate Granimator offers a range of features and benefits designed to help traders make informed decisions and manage risk effectively. These features include:
- Trading platform: Immediate Granimator's trading platform is user-friendly and easy to navigate, allowing traders to analyze market data, place trades, and manage their portfolio with ease.
- Range of Cryptocurrencies offered: Immediate Granimator offers a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, as well as CFDs on various financial instruments.
- Leverage and margin trading: Immediate Granimator offers leverage of up to 1:30 for retail traders and up to 1:500 for professional traders, allowing traders to maximize their potential profits.
- Customer support: Immediate Granimator provides 24/7 customer support via email, phone, and live chat, allowing traders to get help whenever they need it.
- Security measures: Immediate Granimator uses two-factor authentication, SSL encryption, and other security measures to protect users' personal and financial information.
- Demo account: Immediate Granimator offers a free demo account that allows traders to practice trading strategies and get a feel for the platform before depositing real funds.
Immediate Granimator Fees and Charges
Immediate Granimator charges competitive fees and commissions, including:
- Spread: The difference between the buy and sell price of an asset. Spread varies depending on the asset being traded but is generally competitive.
- Overnight fees: A fee charged for holding a position overnight. Overnight fees vary depending on the asset being traded.
- Inactivity fees: A fee charged for inactive accounts. Inactivity fees are charged after 12 months of inactivity.
- Deposit and withdrawal fees: Immediate Granimator does not charge any deposit or withdrawal fees, but users may be charged fees by their bank or payment provider.
Trading with Immediate Granimator
Trading with Immediate Granimator is simple and user-friendly. To start trading, users must follow these steps:
- Account opening process: Users must provide personal and financial information to open an account with Immediate Granimator.
- Depositing funds: Users can deposit funds using a range of payment methods, including credit/debit cards, bank transfers, and e-wallets.
- Placing trades: Users can place trades using the trading platform, which allows them to set stop loss and take profit orders to manage risk effectively.
- Closing trades: Users can close trades manually or set a stop loss or take profit order.
- Managing risk: Users can manage risk by setting stop loss and take profit orders, as well as using other risk management tools.
- Trading strategies: Immediate Granimator provides a range of trading tools and resources to help traders develop and implement effective trading strategies.
Real Cryptos vs CFDs
Real Cryptos and CFDs are two different types of trading instruments, each with its own advantages and disadvantages. Real Cryptos are actual cryptocurrencies that are bought and sold on a cryptocurrency exchange, while CFDs are financial derivatives that allow traders to speculate on the price movement of an underlying asset without owning it.
Pros and cons of trading Real Cryptos:
- Pros: Traders own the underlying asset, which means they can transfer it to a personal wallet, hold it for the long term, or use it to make purchases. Real Cryptos are not subject to leverage, making them less risky for traders.
- Cons: Real Cryptos are subject to high volatility, which can result in significant losses. Real Cryptos require users to have a personal wallet and to manage their own private keys, which can be complicated and risky.
Pros and cons of trading CFDs:
- Pros: CFDs offer leverage, allowing traders to potentially make larger profits with a smaller initial investment. CFDs are easy to trade and do not require users to have a personal wallet or manage their own private keys.
- Cons: CFDs are subject to overnight fees, which can eat into profits. CFDs do not offer ownership of the underlying asset, which means traders cannot transfer it to a personal wallet, hold it for the long term, or use it to make purchases.
Factors to consider when choosing between Real Cryptos and CFDs:
- Risk tolerance: Real Cryptos are less risky but offer less potential for profit, while CFDs offer higher potential profits but are subject to higher risk.
- Long-term vs short-term trading: Real Cryptos are better suited for long-term trading, while CFDs are better suited for short-term trading.
- Market volatility: Real Cryptos are subject to high volatility, which can result in significant losses, while CFDs are subject to lower volatility but are still subject to risk.
Immediate Granimator Scam: Myth or Reality
There have been allegations that Immediate Granimator is a scam, but these allegations are unfounded. Immediate Granimator is a legitimate trading platform that is regulated by the FCA and CySEC, which means it must adhere to strict guidelines and regulations to ensure the safety and security of its users' funds.
Immediate Granimator has taken steps to address these allegations, including providing transparent information about its fees and charges, offering a demo account for users to test the platform before depositing funds, and providing excellent customer support.
Immediate Granimator Reviews and Ratings
Immediate Granimator has received positive ratings on reputable review sites, including Trustpilot and Forex Peace Army. Customers have praised the platform's user-friendly interface, competitive fees, and excellent customer support. However, there have been some negative reviews, with customers citing issues with withdrawals and customer service.
Conclusion
Immediate Granimator is a legitimate trading platform that offers a range of features and benefits designed to help traders make informed decisions and manage risk effectively. With its user-friendly interface, competitive fees, and extensive range of trading tools, Immediate Granimator is an excellent choice for traders looking to enter the world of cryptocurrency.
We recommend that potential traders do their own research and carefully consider their risk tolerance before investing in cryptocurrency or CFDs.
FAQ
What is Immediate Granimator?
Immediate Granimator is an online trading platform that allows users to trade a range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, as well as CFDs on various financial instruments.
Is Immediate Granimator a legitimate platform?
Yes, Immediate Granimator is a legitimate trading platform that is regulated by the FCA and CySEC.
What cryptocurrencies can be traded on Immediate Granimator?
Immediate Granimator offers a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple.
What is the minimum deposit required to open an account with Immediate Granimator?
The minimum deposit required to open an account with Immediate Granimator varies depending on the account type, but it is generally around $250.
What is the maximum leverage offered by Immediate Granimator?
Immediate Granimator offers leverage of up to 1:30 for retail traders and up to 1:500 for professional traders.
How secure is Immediate Granimator?
Immediate Granimator uses two-factor authentication, SSL encryption, and other security measures to protect users' personal and financial information.
Can I trade Real Cryptos on Immediate Granimator?
Yes, users can trade Real Cryptos on Immediate Granimator.
What is the difference between trading Real Cryptos and CFDs?
Real Cryptos are actual cryptocurrencies that are bought and sold on a cryptocurrency exchange, while CFDs are financial derivatives that allow traders to speculate on the price movement of an underlying asset without owning it.
What is the spread charged by Immediate Granimator?
The spread charged by Immediate Granimator varies depending on the asset being traded but is generally competitive.
How can I contact Immediate Granimator's customer support?
Immediate Granimator provides 24/7 customer support via email, phone, and live chat.