Trading bots are flooding the internet, especially since AI is widely available and has become a buzzword. While some are legit tools used by experts, there are an increasing number of fake trading bots promising fast and easy profits.
This part sums up what our investigation showed about this platform. A red flag is a bad point, each category can receive up to 5 flags. You’ll also see a short analysis explaining the score.
| Category | Warning Level | Analysis |
|---|---|---|
| Terms & Conditions | 🚩🚩🚩🚩 | Generic terms giving the company every right over everything and nonsensical statements. Ex: “If You are a European Union consumer, you will benefit from any mandatory provisions of the law of the country in which you are resident.” / “You are not located in a country that is subject to the United States government embargo or that has been designated by the United States government as a “terrorist supporting” country.” Also, no KYC/KYB policy is displayed. |
| Licensing | 🚩🚩🚩🚩🚩 | No license from any financial authority. |
| Available Information and Transparency | 🚩🚩🚩🚩 | A dodgy address, no company name registered and displayed. |
| Product Presentation | 🚩🚩🚩🚩🚩 | Insidious phrasing promising easy money without any skills or knowledge required. Ex: it’s free to use, but users must deposit at least £250. |
Immediate Definity AI, operating under various entities like Immediate Definity Ai PTE. LTD and Immediate 3.0 Definity PTE. LTD, maintains a significant online presence across multiple domains such as immediatedefinity.ai and immediatedefinityai.com. They provide contact through phone numbers like +6567018000 and various email addresses linked to their domains. The company lists its address as WeWork 30 Prinsep Street in Singapore.
According to one of their many domains (this isn’t a good thing!) Definity AI, or Immediate Definity AI, is a crypto trading bot which can open and short position automatically for the users. As it’s now tradition for such “products”, the various texts presenting it remain vague and try to attract customers with sentences like:
“a chance for novice and professional traders alike to potentially amass quick profits without the need for significant time investment”
Such statements immediately raised a flag, and our experts decided to investigate it further.
Immediate Definity AI doesn’t stop at its own dubious claims. It goes a step further by promoting a network of similarly fraudulent software on its website.
These platforms, with names like “Bitcoin Maxair” and “Trade Alrex AI,” mirror Immediate Definity AI’s tactics, promising unrealistic success rates and easy profits.
From regulatory warnings and suspicious terms and conditions, to unrealistic guaranteed success rate, we’ll see below why you should avoid this platform at all costs.
The Immediate Definity AI app isn’t registered with any trustworthy financial regulator on the market. Financial regulators have a public register listing the firms they authorize, and the company name displayed in the terms and conditions of ImmediateDefinityAI isn’t coming up in any of these registers.
Not only does Immediate Definity AI operate without any financial license, but they even received a warning from the Comisión Nacional de los Mercados y la Competencia (CNMV), which states that Immediate Definity AI ‘is not authorized to provide the investment services and activities.’
This fact alone should make you run away from this alleged auto-trading software, as engaging with unregulated companies is risky.
When offering a financial product or service, there are essentials a platform like Immediate Definity AI must have. Mainly detailing the KYC procedure and how the data will be shared with the financial authority. Neither, Immediate Definity AI’s T&Cs, nor its Privacy Policy mention the presence of a KYC/KYB control in place.
Moreover, it’s important to note that their privacy policy includes the right to share your information with business partners, affiliates, and other users. They can also keep your information “for as long as is necessary for the purposes set out.”
An expert eye will also spot sentences that don’t belong in a trading platform’s conditions and feel out of place—namely, discussing United States law compliance without being registered with the SEC.
Immediate Definity AI is advertised as “the most accurate trading system in the world” with an impressive “99.4% success rate”. Firstly, no legitimate trading system is 99% accurate, and those with actual financial regulators behind it wouldn’t dare give such a definitive number. A bot can succeed or fail depending on an infinity of variables, and even multi-million companies don’t come close to such numbers. That’s the first red flag.
Moreover, the system is apparently “compliant with privacy regulations.” Which ones? The answer is none. Apparently, the system can find lucrative opportunities by itself, yet Elon Musk isn’t using this revolutionary Immediate Definity AI app.
Who’s running Immediate Definity AI? That’s the problem.
The address provided is a WeWork office space without a specific number, and it is located in Singapore, a country experiencing an increase in scams and fraud. No registered company can be found, and the data collection policy gives them every right over your data. Does it sound like an honest business?
It’s probably good news, but we couldn’t find any Immediate Definity AI user reviews. It can mean that most people avoided this platform and saw the issues right away. However, the platform has an increasing number of phony reviews, with YouTube videos and articles popping up and claiming that the platform is legitimate, which is worrying.
If you don’t value your banking information, the money it contains, and your personal information, you can consider that Immediate Definity AI is the best platform ever to exist. Thankfully, we believe our readers have the common sense to understand how shady everything about Immediate Definity AI is. From the product presentation to the fine print, there are only red flags everywhere!
Immediate Definity AI claims to be a crypto trading bot that can automatically open and close positions for users.
No, it operates without a financial license and has received a warning from the CNMV.
It claims an unrealistic 99.4% success rate which is a clear red flag as no legitimate trading company can guarantee such rate.
No genuine user reviews were found, but there are an increasing number of phony positive reviews.
If you encounter difficulties withdrawing funds, it’s crucial to report the issue to your bank or relevant financial authorities.
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Ratings are initially established based on the most current data available and are subject to change based on new information or regulatory actions. We continuously monitor regulatory actions and company behavior to ensure our ratings remain current and accurate.