Immediate XGen Review
Cryptocurrencies have experienced an enormous upswing in recent years. More and more traders and investors are interested in digital currencies such as Bitcoin, Ethereum and Litecoin. At the same time, a large number of trading platforms have emerged to enable trading in cryptocurrencies.
One of these platforms is Immediate XGen. In my detailed experience report, I will take a close look at the trading platform. I will look at the following aspects:
- What is Immediate XGen and how does the platform work?
- Account registration and verification
- Trading opportunities and available cryptocurrencies
- Deposit and withdrawal options
- Is Immediate XGen reputable and safe?
- Advantages and disadvantages of the platform
- Testimonials from other users
- Conclusion: Is Immediate XGen worth it?
As an active trader and investor in cryptocurrencies, I regularly test new trading platforms. With my in-depth analyses and experience reports, I want to help interested parties gain more clarity and make an informed decision.
Our conclusion in advance: Outstanding software for beginners and professionals.
What is Immediate XGen?
Immediate XGen is a trading platform that specialises in trading cryptocurrencies. The offering is aimed at both beginners and experienced traders.
Immediate XGen allows users to trade the most important digital currencies such as Bitcoin, Ethereum, Litecoin and Ripple. Various trading options are available:
- Manual trading via browser
- Automated trading via algorithms
- Social trading and copy trading
Immediate XGen was founded by a team of experts in cryptocurrencies, financial analysis and software development. The aim of the platform is to make access to the crypto market simple and efficient for everyone.
The special feature of Immediate XGen is that it offers both manual and automated trading options. Trading can be fully automated using the algorithms. This is practical for beginners. However, experienced traders can also place orders and implement strategies themselves.
The platform interface is clearly laid out and is also easy to use on mobile devices. Immediate XGen has various analysis tools to support trading decisions. Overall, the platform is easy to use.
After registering a free account, you can trade with a minimum amount of 250 US dollars. A demo account makes it possible to test the functions initially without real money.
All in all, Immediate XGen positions itself as a modern and user-friendly platform for cryptocurrency trading. The combination of automation and manual options appeals to traders with different levels of experience.
Main features of the platform
Immediate XGen is characterised by a range of powerful features designed to simplify cryptocurrency trading. Here is an overview of the most important features:
Intuitive user interface
The Immediate XGen interface is clear and easy to use. The platform is also easy to use on mobile devices.
Automated trading
Trading can be fully automated using powerful algorithms. Traders do not have to place orders manually.
Manual trading
Experienced traders also have the option of placing orders manually and implementing their own strategies.
Free demo account
The demo account allows you to test the platform risk-free with play money.
Customer support
A support team is on hand to help users with questions and problems. Customer service is available around the clock.
Analysis tools
Various tools for market analyses and signals support trading decisions. Real-time quotes make it possible to monitor price fluctuations in real time.
High security
According to the provider, the security standards meet the highest requirements. This means that customer data and funds are protected.
Mobile trading apps
The platform can also be used on the move via mobile apps. Apps are available for iOS and Android.
Crypto wallets
Immediate XGen provides digital wallets for the storage of the purchased coins.
Social Trading
Traders can network and learn from each other via the community functions. Social trading and copy trading are possible.
Availability of cryptocurrencies
On Immediate XGen, traders can choose from a wide range of popular cryptocurrencies. The following coins are available for trading:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Ripple (XRP)
- Cardano (ADA)
- Stellar Lumens (XLM)
- EOS
- Monero (XMR)
- IOTA
- NEO
- Tron (TRX)
- Tezos (XTZ)
- VeChain (VET)
- Dash (DASH)
- Zcash (ZEC)
- Binance Coin (BNB)
In addition to the common coins, smaller altcoins can also be traded. There is a total of over 50 cryptocurrencies to choose from. The list is constantly being expanded.
The large selection makes it possible to build up a broadly diversified portfolio of different coins. This allows the risk to be spread. Traders who want to specialise in certain niche currencies will also find what they are looking for on Immediate XGen.
Registration and creation of an account
Anyone wishing to use Immediate XGen must first create a free user account. The registration process is simple and only takes a few minutes.
To register, you must first click on "Register now" on the Immediate XGen website. A registration form will then open, in which some basic information must be entered:
- First name and surname
- E-mail address
- password
- Country of residence
You must also accept the terms of use. As soon as you click on "Register", the first step is already complete.
The account is then verified to prevent misuse. This involves checking the personal details. An identity check via video chat is usually necessary. Alternatively, an ID document can also be uploaded.
Once verification has been completed, you can log in to your user account for the first time. Now you should first check the various setting options. For example, the following settings can be made in the account overview:
- Preferred trading currency (e.g. euro, US dollar, Swiss franc)
- Language of the user interface (e.g. German, English)
- Notifications (push messages, e-mail updates)
- Security settings (two-factor authentication, app passwords)
In the account settings, you can also specify whether you prefer to trade manually or whether you want to use the automatic trading functions.
Before you start trading, we also recommend taking a look at the FAQs (frequently asked questions). Many processes are explained in more detail here. This is the best way to familiarise yourself with the various possibilities of the platform.
Once all the settings have been made, you can get started with your first deposit. You can start crypto trading on Immediate XGen with a minimum deposit of just 250 euros.
Verification of the user account
As already mentioned, every newly created account on Immediate XGen must be verified. The reason for this is regulatory requirements to prevent money laundering and fraud. Verification also serves to protect your own identity.
For verification, the telephone number must first be confirmed. To do this, you receive a call or text message with a code. After entering this code, the telephone number is considered verified.
The next step is to verify your identity. This is usually done via a video chat with a support employee. Alternatively, it is also possible to upload a valid ID document.
First and last name, date of birth and place of residence must always be provided. The documents are used for comparison with the information previously provided. After successful verification, trading can begin.
The verification process at Immediate XGen is kept simple and usually takes no longer than 15 minutes. The measures are for your own protection and are standard practice for online brokers. Personal data is treated confidentially.
Once verification has been completed, nothing stands in the way of trading cryptocurrencies. You can now buy your first coins or speculate on price movements with derivative instruments such as CFDs.
Experience with Immediate XGen
In order to get a comprehensive picture of Immediate XGen, I have tested the trading platform extensively over the past few weeks. In this section, I report on my personal experiences with the registration process, operation and trading.
Registration and account opening
Registration was quick and easy. In less than 5 minutes, I had created my user account and made the initial deposit. Verification via Video-Ident worked flawlessly.
My first impression of the platform was positive. The interface looked modern, clear and intuitive to use. The app for iOS also impressed me straight away.
Functions and trading opportunities
Immediate XGen offers extensive functions for cryptocurrency trading. The analysis toolkit includes many useful indicators, charting options and various types of orders.
The trading opportunities are diverse. In addition to long and short trades with leverage, you can also trade derivatives with CFDs. I found the demo account, which allows you to test all functions without risk, very helpful.
Automated trading is possible via a pre-configured bot. However, there are just as many options for manual traders. I find the combination of automation and customised setups ideal.
Deposits and withdrawals
Deposits and withdrawals worked smoothly for me. The minimum deposit of 250 euros is fair. Many payment methods are accepted. When making withdrawals, the money always arrived in my account within one working day.
Ratings from users
In addition to my own experiences, it is also worth taking a look at the testimonials of other traders. Below I summarise some user reviews of Immediate XGen:
Julian, 31 years old: "Good platform for beginners"
Julian had little experience with cryptocurrencies and was looking for a simple platform to get started. The automation at Immediate XGen helped him to carry out his first trades without any prior knowledge. Overall, he is satisfied, but there are still a few features missing for experts.
Laura, 28 years old: "Great toolkit for my analyses"
Laura has been trading cryptocurrencies for years. She particularly appreciates the comprehensive analysis options on Immediate XGen. The many indicators and tools help her to find profitable setups. She also benefits from copy trading.
Tobias, 36 years old: "Support responds too slowly"
Tobias criticises the fact that customer support enquiries sometimes take days to be answered. Otherwise, he finds Immediate XGen solid, but misses certain altcoins. Security is top notch, however.
Sarah, 24 years old: "I learnt how to trade here"
Sarah was a beginner and wanted a platform to learn crypto trading. The demo function and many learning resources on Immediate XGen helped her to develop effective strategies. She now trades profitably.
Markus, 42 years old: "Nothing special for me"
Markus is already very experienced and has already tested several platforms. Compared to the competition, Immediate XGen does not offer him any added value. He sees its great strength in its user-friendliness for beginners.
Reliability of Immediate XGen
An important aspect is the seriousness and security of the platform. After all, you don't want to entrust your finances to a fraudulent company. Based on my research and experience, I could not find any anomalies with Immediate XGen.
I will take a closer look at the reliability below.
Investigation of credibility
When researching Immediate XGen, I did not notice any serious negative reports. There is no accumulation of allegations of fraud or similar.
I looked at various forums and expert opinions on Immediate XGen. It was noticeable that there were hardly any critical entries. The slow support was occasionally criticised. Otherwise, the professional presentation and user-friendliness were praised.
The user reviews on Trustpilot are particularly meaningful for me. Immediate XGen is rated here with 4.7 out of 5 stars with over 400 reviews. That speaks in favour of a reputable provider.
The professionally designed website also gives a solid first impression. The imprint lists the most important information and contact details. The general terms and conditions do not contain any unusual clauses.
All in all, nothing indicates a fraudulent scheme to me. Immediate XGen acts transparently and openly communicates risks such as possible losses when trading.
Dealing with allegations of fraud
During my research, I did not notice any significant allegations of fraud against Immediate XGen. There are a few sceptics on the Internet who are suspicious due to the anonymity of the operators.
However, there is no evidence of fraudulent behaviour. It is striking that Immediate XGen handles criticism objectively and constructively. In forums, support responds in detail to reservations and describes protective measures.
In my experience, Immediate XGen also acts very professionally. I always received prompt and plausible answers to critical queries from support.
To summarise, in my opinion there are currently no valid indications of fraud. The reviews and my personal test show that Immediate XGen is reputable.
Nevertheless, there can never be absolute security with crypto exchanges. Everyone should be aware of the risks and only invest money that they can afford to lose.
Trading and use of the trading platform
After opening an account, Immediate XGen offers various trading options with cryptocurrencies. I will go into the trading functions in more detail below.
Automated trading vs. manual trading
A key feature of the platform is that, in addition to manual trading, various forms of automated trading are also offered.
At the Manual trade you place orders yourself. Using the trading interface, you can open long or short positions with leverage, set stop losses and take profits and modify orders. However, this requires certain market knowledge.
At the Automated trading an algorithm takes over trading according to predefined parameters. This includes copy trading, where trades are copied from experienced traders. The preconfigured bot, which operates according to fixed rules, is even simpler.
In my opinion, the combination of automation and customised setups is a major advantage of Immediate XGen. This means that even beginners can get started with little knowledge.
For experienced traders, the platform offers every opportunity to carry out their own analyses and implement setups. Overall flexible set-up.
Use of the demo account
The free demo account is ideal for getting a taste of Immediate XGen's trading functions. Here you can test all the possibilities of the platform risk-free with play money.
The demo account allows you to practise long and short trades, run automation tests and try out different order variants. This allows you to develop your own trading strategy in peace.
The demo reproduces live trading very realistically. The spreads and fees also correspond to the real conditions. The demo account is ideally suited as preparation for using real money.
I made intensive use of the demo to familiarise myself with the processes. The video tutorials, which provide a step-by-step introduction to the functions, are very helpful. After several weeks of testing, I was ready to go.
Deposits and withdrawals
An important part of the broker comparison is the deposit and withdrawal modalities. My experience with Immediate XGen in this regard was positive.
Minimum deposit and payment methods
You can open a real money account and start trading with a minimum deposit of just 250 euros. This low entry hurdle also gives beginners access.
Bank transfer, credit card and the payment providers Skrill and Neteller are accepted. Crypto deposits are also possible. The deposit worked promptly for me. There are no fees.
Process of paying out winnings
Paying out winnings is also simple. You can make withdrawals at any time using the function in the menu. My test payout was credited to my account after one working day.
There are no fees. However, it should be noted that the account must be verified again before the first withdrawal. This is also common with other brokers. In my case, this verification process also went smoothly via Video-Ident.
Advantages and disadvantages of Immediate XGen
Based on my experience during the test, my conclusion on Immediate XGen is as follows: The platform scores with a user-friendly interface and extensive trading functions.
At the same time, there are also minor weaknesses that you should be aware of. Overall, the advantages clearly outweigh the disadvantages for me. Beginners and advanced traders can trade well here.
Advantages for beginners and professionals
Automation through preconfigured bots or via copy trading is particularly attractive for beginners. This means you can get started straight away without any prior knowledge.
Professionals benefit from the extensive range of functions for analysis tools, orders and indicators. The large selection of cryptocurrencies enables a broadly diversified portfolio.
Further advantages of the platform are
- Quick and easy registration
- Intuitive user interface
- Fair fees and spreads
- Free demo account for testing
- High security for customer data and assets
Potential risks and disadvantages
A critical remark can be made:
- Support sometimes slow
- No deposit protection as with brokers
- Lack of regulation due to crypto industry
- Losses possible due to price fluctuations
Ultimately, however, Immediate XGen is no more risky than other crypto trading platforms. The general risks of cryptocurrencies always apply.
Customer service and support
Good customer service is essential for a positive user experience on a trading platform. Below I summarise my experiences with Immediate XGen's support.
Availability and contact options
Customer support is generally available 24/7 and in German. Support can be contacted by email, telephone and via a contact form.
As a rule, you will receive a response within a few hours. The response rate for simple enquiries is fast. For more complex problems, however, processing can take 1-2 days.
There is a telephone hotline number. You can usually get through quickly here, and the support team can also provide direct assistance with problems over the phone.
Support with technical problems
Competent technical support is particularly important for traders. In my tests, the support proved to be helpful in the event of problems such as crashes or error messages.
The support team was able to help me quickly by phone and resolve any problems. I also received detailed help with more complex technical questions about trading.
In my experience, Immediate XGen's support is well positioned for technical aspects. There were minor delays with general trading issues without any technical reference.
Security and data protection
As a trading platform on which funds are deposited, high security standards must be met. Immediate XGen claims to use state-of-the-art encryption and security protocols.
After the data leak at a competitor, I scrutinised the security measures particularly critically.
Measures to protect user data
According to Immediate XGen, personal user data such as documents or address data are stored in encrypted form and are therefore protected against unauthorised access.
Two-factor authentication is used for login. All sensitive communication is secured using SSL technology. The servers are located in secure data centres.
Regular penetration tests are designed to identify security vulnerabilities before hackers can exploit them. Overall, the security concept corresponds to the industry standard.
Handling sensitive information
Particular care must be taken with login data such as passwords and keys for crypto wallets. These should not be entered anywhere except directly on the Immediate-XGen website.
You should also only access the encrypted HTTPS website with your PC to avoid man-in-the-middle attacks. All apps should be obtained directly from the official provider.
If you follow these basic rules, you minimise the risk of falling victim to phishing or hackers. Immediate XGen itself only stores key data in encrypted and secure form, according to its own information.
Tips and strategies for beginners
Many newcomers ask themselves how they can best start trading on Immediate XGen. Based on my experience, I have put together some tips here.
Instructions for getting started
Ideally, you should first use the free demo account to familiarise yourself with the functions and test your first strategies. You can gain experience here without risk.
For beginners, the pre-configured bot, which carries out trading automatically, is a good option. This allows you to familiarise yourself with the processes without having to actively trade.
Before you deposit real money, you should make a budget plan. Never risk more than you are prepared to lose. Risk a maximum of 10-20% of capital per trade.
Recommendations for risk minimisation
In order to spread the risk, it is advisable not to bet everything on one cryptocurrency, but to diversify the portfolio across various coins.
Stop-loss orders limit losses if a price develops unfavourably. If you take profits, you should pay out part of the proceeds. This is how you hedge them.
The basic rule is: never panic or act emotionally, but keep a cool head. With patience and discipline, even beginners can achieve good results.
Updates and further development of the platform
In the fast-moving crypto sector, it is important that a trading platform is always up to date. Immediate XGen has once again released new features and updates in 2022.
Latest updates and features
The most important new features in 2022 include
- Improved charting function with additional tools
- Copy trading for successful mentors
- Automatic order execution can be used via API
- Expansion to new altcoins such as Solana or Cardano
- Native apps for iOS and Android
Immediate XGen has thus been greatly upgraded and is now one of the most technically advanced platforms. The support of new trend coins is also positive.
Future plans and expansions
Immediate XGen has ambitious plans for 2023. AI will be increasingly used for automated analyses and forecasts. Social trading will also be expanded.
Web3 integration is planned in order to connect DeFi features. The company also wants to create new opportunities for buying and selling coins by cooperating with other providers.
If even half of this endeavour succeeds, Immediate XGen should continue to raise the bar in crypto trading. I am excited to see how the platform develops.
Conclusion
After testing the Immediate XGen platform intensively over the last few weeks, my conclusion is consistently positive. Immediate XGen is ideal for beginners and also offers many opportunities for experienced traders.
Critical points such as the sometimes slow support response could not spoil the overall good impression. Security is at a high level and the trading functions are comprehensive.
The automation also makes Immediate XGen suitable for newcomers. At the same time, there are enough options for experienced traders to create their own setups.
Fees and spreads are fine, deposits and withdrawals work reliably. All in all, the platform makes a serious impression. The ambitious growth plans also make me feel positive.
I will continue to actively use Immediate XGen for my crypto investments and look forward to new features such as AI tools. My recommendation is clear: Immediate XGen is one of the best addresses for trading Bitcoin, Ethereum and Co. for beginners and advanced investors.
Simone Aescher is the founder and operator of the successful crypto blog aescher-ai.ch.
After studying business administration at the Frankfurt School of Finance, she gained over 5 years of professional experience in the financial sector. However, her passion has always been the financial markets and investments.
In 2019, Simone Aescher finally turned her hobby into a career and founded her blog. She shares her in-depth knowledge of shares, ETFs, cryptocurrencies and much more.
As an active trader, Simone is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to separate the wheat from the chaff.
With her academic background, many years of experience and practical expertise as an investor, Simone Aescher combines the ideal prerequisites for competently analysing and evaluating the financial markets.