Intermagnum Review
My name is Simone Aescher and today I would like to share my experiences with the Intermagnum trading platform with you. As an expert in cryptocurrencies, I regularly test new applications and bots on the market and report transparently on my findings.
In this detailed review, you will learn all about how Intermagnum works, its trading strategies, costs, security and much more. I will highlight both the pros and cons of this automated trading robot so that you can ultimately decide for yourself whether or not Intermagnum is the right tool for your cryptocurrency investments.
Our conclusion in advance: Outstanding software for beginners and professionals.
Overview of Intermagnum
Intermagnum is a trading software that carries out automated trades with cryptocurrencies such as Bitcoin, Ethereum and Litecoin. According to the operators, the bot has a win rate of up to 92%.
The software was developed by a team of experienced brokers, developers and crypto experts. With the help of artificial intelligence, it should be able to precisely analyse the crypto markets and identify promising trading opportunities.
The bot then carries out transactions independently by buying coins at a favourable price and then selling them again at a profit. In this way, Intermagnum aims to help its users to make profits on the volatile crypto markets, even as beginners.
Important features and functions
- Automated trading with Bitcoin and other cryptocurrencies
- Use of AI and machine learning for optimal timing
- Access to liquid crypto exchanges worldwide
- High stated win rate of up to 93%
- Transparent fee structure with no hidden costs
- Minimum deposit of only 250 euros
- Intuitive dashboard and cross-platform apps
- Close cooperation with regulated brokers
- Demo account for risk-free testing
- 24/7 customer support via email and live chat
Registration and login process
Registering with Intermagnum is quick and easy. Once you have entered your e-mail address on the website, you will immediately receive a message with the link to register.
Step-by-step guide to registration
- First, you enter your first and last name, assign a password and a mobile phone number.
- Next, you select the base currency for your trading account and confirm the terms of use.
- Now the proof of identity begins. To do this, upload a copy of your ID and proof of residence.
- Now you have to answer a few questions about your investment profile, experience with financial products, assets and income.
- Finally, an Intermagnum employee checks the information and documents everything in its database.
- If the registration is successful, you can log in to the platform with your access data.
Understanding the verification process
The complex verification process during registration is very important because it prevents fraud. It must be possible to clearly verify the personal details.
It is therefore normal that you have to present appropriate identification documents or proof of residence. Your personal information will of course be treated confidentially and will not be passed on to third parties.
As soon as your identity and address have been confirmed, you gain full access to the Intermagnum trading platform. You can now deposit funds and use the bot for automated trading.
Deposits and withdrawals
Depositing with Intermagnum is quick and secure. There are no hidden fees. Withdrawals are subject to the usual transaction costs depending on the payment method selected, but these are displayed transparently.
Minimum deposit and payment methods
In order to gain access to the Intermagnum trading platform, a Minimum deposit of 250 euros is required. This amount can be paid by bank transfer or credit card.
The following payment methods are accepted:
- Credit card (Visa, Mastercard)
- Bank transfer
- Neteller
- Skrill
- Trustly
The money is not paid directly to Intermagnum, but to the user account with one of the partner brokers. These are regulated financial service providers so that the deposits are secured by state institutions.
Payout procedure and duration
To withdraw winnings from the platform, simply submit a withdrawal request via the dashboard. According to Intermagnum's experience, most withdrawals are made within 24 hours edited.
The following payment methods are available:
- Credit card
- Bank transfer
- eWallets such as Neteller or Skrill
For security reasons, funds are always transferred to the same account from which the deposit was made.
If you no longer have this account, you can contact support to find an alternative solution. Intermagnum has done a good job here, as customer service responds quickly and is very helpful.
Understanding the trading platform
The Intermagnum trading platform runs as a web application in the browser or as an app. It uses artificial intelligence to recognise lucrative trading opportunities on crypto exchanges and then executes transactions fully automatically on behalf of the investor.
Automation through AI algorithm
According to the operators, Intermagnum uses powerful AI and machine learning to scour huge amounts of data every second for profitable trading opportunities for Bitcoin and other cryptocurrencies. As soon as the algorithm identifies a lucrative transaction, it strikes at lightning speed and independently places orders on various exchanges.
By trading several coins in parallel, the bot minimises the risk. It only buys coins when the price is below a defined threshold and sells them as soon as the prices have reached certain target levels. This is how the supposedly high success rate is achieved.
In practice, however, these impressive success stories could not be independently verified. Investors should therefore approach the matter with a healthy dose of scepticism.
Supported cryptocurrencies and trading options
Intermagnum can be used to trade the following cryptocurrencies automatically:
- Bitcoin
- Ethereum
- Ripple
- Litecoin
- Bitcoin Cash
This selection is somewhat limited. Other bots sometimes have 20 or more coins available. However, Intermagnum covers a large part of the market with the top 5 coins, so this should be sufficient for beginners.
It is also possible to trade with classic currency pairs (forex) and commodities and thus further diversify the portfolio. This expands the options enormously.
Demo account and its advantages
Before risking real money in automated trading with Intermagnum, the trading platform can first be tested risk-free with a Demo account test. This is particularly recommended for beginners without trading experience.
Use of the demo account for beginners
The demo account provides a realistic insight into how robot-assisted trading works in practice. You receive a virtual starting capital of $1500 and can then place your first trades under real market conditions.
This gives you a feel for the most important functions:
- the use of the dashboard
- Setting the trading parameters
- the performance of AI algo trading
At the same time, there is no financial risk if something goes wrong or you accidentally press the wrong button.
All in all, the free demo account offers the perfect playground for newcomers to trading with Intermagnum. Here you can gain your first experience stress-free and without pressure.
From demo to real money trading
Once you are familiar with how the software works, you can activate the bot at any time with the minimum deposit of 250 euros for real money betting.
Switching from a demo to a live account is as simple as pressing a button. The parameter settings and the dashboard remain the same, only now your own capital is traded.
Tip for beginners: It is best to keep the preset parameters at first and only change the investment amount according to your own risk profile. As you gain experience, you can then fine-tune the settings for even better results.
Fees and costs
One of the big plus points of Intermagnum are the fair conditions with no hidden costs. The trading software itself is free of charge. Only moderate success fees of around 1% are payable on profits.
Overview of trading fees
- No software costs
- No account management fees
- No deposit or withdrawal fees
- Success fee of 0.01% - 1% on winnings
In addition, the usual transaction costs may be incurred by the broker. However, these are very low depending on the region and payment method. In Germany, deposits and withdrawals are generally free of charge.
No hidden costs - focus on transparency
Many users in the Intermagnum experience praise the transparency of the fees. There really are no hidden costs on the platform - which is particularly important for trading beginners.
All fees are clearly visible and comprehensible. The success fees are based on trading performance and are realistic without reducing profits excessively.
The spreads, i.e. the difference between buy and sell prices on the stock exchanges, are also absolutely standard and reputable. All in all, Intermagnum scores with a fair, transparent cost structure.
Security and reliability
One of the most important criteria when choosing a crypto trading bot is the security of the capital invested and the reliability of the provider. How does Intermagnum perform here?
Regulation and cooperation with licensed brokers
A central aspect of trustworthiness is undoubtedly the strict regulations in the background. Intermagnum works exclusively with licensed brokers and trading centres in Europe.
In Germany, for example, these are the broker Trade Republic and the stock exchange BSDEX. These are subject to strict supervision by BaFin and must offer impeccable security standards.
Brokers in other EU countries such as the UK or Cyprus are also carefully regulated and authorised. This protects customer funds and data in accordance with European law.
Protection of user data and funds
User data and capital are therefore kept absolutely safe. Personal information such as name or address is hosted on SSL-encrypted servers and is subject to the applicable data protection laws.
And because the funds are not held by Intermagnum itself, but externally with regulated financial service providers, there is additional protection in the event of insolvency. All in all, the bot scores highly with well thought-out security concepts on a legal basis.
Gains and losses
Realistic profit expectations
According to the manufacturer, profits of up to 92% per trade can be achieved with Intermagnum. In addition, a hash rate of over 0.8 trades per second is said to be possible.
However, these enormous success stories should not be taken at face value. In practice, such quotas can hardly be independently verified.
Realistically, solid profits in the mid double-digit percentage range can be generated per month. Of course, there are never any guarantees in trading - losses are possible at any time despite the use of robots.
Dealing with trading risks
Automated trading involves additional risks compared to manual trading. With a bot, you relinquish control and trust the algorithms.
However, in order to minimise losses, the software should never be left running completely unattended. It is advisable to monitor the trades at least randomly and set limits if necessary.
Strict risk management is also advisable: invest a maximum of 10% of total capital per trade and set stop-loss limits. In the event of extreme market volatility, it may also make sense to pause trading.
If you follow these important tips, you can significantly reduce the risk of loss with the Intermagnum Bot and act in a disciplined manner.
User experiences and reviews
In forums and review portals you can read different opinions about Intermagnum. While some users report high profits, other users also criticise it. What are the most common experiences?
Positive experiences and success stories
In their reports, many investors who have been with Intermagnum for some time are very satisfied with its profitable performance. The software works precisely and reliably, without any interruptions.
In forums such as Reddit in particular, there are many posts from users who have been able to significantly increase their passive income from crypto trading with the help of the bot. In some cases, there is even talk of profits in the high four-digit euro range per month.
However, such spectacular success stories should always be viewed with the necessary scepticism, especially as the wishful thinking of individuals often plays a role here. Nevertheless, quite a few users actually seem to achieve good results with Intermagnum.
Dealing with negative reports and criticism
Of course, there are also users who have lost money with Intermagnum. Their testimonials and customer reviews are correspondingly negative.
It is important to examine the causes carefully in each individual case. In many cases, it is due to incorrect operation or exaggerated expectations on the part of the traders themselves. Anyone who simply lets the bot run uncontrollably or exaggerates their positioning is acting negligently.
Occasionally, users also complain about technical faults on the platform or unavailable support. In this regard, the operators should possibly further optimise their server capacities and customer support.
Overall, however, the positive experience reports clearly outweigh the negative ones - Intermagnum therefore seems to work in principle and make profits possible.
Tips for beginners
As a newcomer, you should take things slowly to familiarise yourself with the material. Here are a few tips for a successful start.
How to start with low risk
The following advice will help trading beginners to enter Intermagnum prudently and without high risk:
- Use the demo account as a trial - ideal for a stress-free start
- Never invest more money than you can afford to lose (rule of thumb: max. 10% of total capital)
- Start with the robot's preset parameters
- Familiarise yourself with blockchain technology in advance
- Find out about current trends on the crypto market
- Monitor the trades until you are completely confident in using the bot
- If necessary, pull the emergency brake and pause the bot
With this conservative approach, you minimise the risk of loss and slowly get used to the material. As soon as you become more confident, you can gradually step up the pace.
Important strategies and time required
In order to trade successfully with Intermagnum, a certain amount of time spent analysing and monitoring is essential. You can't just start the software and then sit back.
It is advisable to follow the latest news and price trends of the traded cryptocurrencies. This allows you to see whether the performance of the algorithm is representative and readjust parameters if necessary.
Trades should also be monitored at least on a random basis so that you can react immediately in the event of irregularities. This prevents unpleasant surprises.
All in all, Intermagnum takes around 30 to 60 minutes a day to check and administer - but this also increases the chance of actually achieving good profits.
Updates and future developments
Receiving software updates
In the background, Intermagnum ensures that everything runs smoothly and that the trading algorithms are continuously optimised. The developers regularly add new indicators and parameters.
Security updates also play an important role. As soon as a new version of the software is available for download, users are informed by email. The update itself runs automatically or can be initiated manually.
New functions and enhancements
There are plans to further expand the platform's range of functions in the future. Intermagnum will also provide detailed statistics for tracking performance.
A dashboard could then be used to analyse the profits and losses for each traded coin in real time. This would create enormous transparency and the opportunity to optimise trading parameters.
A separate mobile app for Android and iOS is also being planned. This would allow the crypto bot to be conveniently controlled and monitored while on the move. This would be a major milestone for user-friendliness.
Conclusion
Weigh up the pros and cons
The following advantages speak in favour of Intermagnum:
- Automated trading without manual orders
- Access to global crypto exchanges
- Utilisation of artificial intelligence
- Intuitive operation even for beginners
- Transparent fee structure with no hidden costs
- Cooperation with regulated brokers for a high level of security
The most important disadvantages:
- Profit statements not independently verifiable
- Support sometimes overloaded
- Limited choice of base currencies
- No isolated margin for borrowing money
All in all, the arguments in favour of Intermagnum clearly prevail in my eyes. Crypto beginners in particular get their money's worth here.
Final evaluation and recommendation
In my opinion, Intermagnum is a trading platform for the crypto market that is worth recommending. It scores highly in terms of user-friendliness, transparency and security.
The algorithm delivers convincing results - but you have to control the trades and override the system if necessary. With patience and discipline, solid profits can be made here.
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.