About Immort
Who Is Immort?
Immort is a retail forex and CFD broker incorporated in China and launched in February 2022. The broker targets international traders, particularly those in Asia, by offering high leverage and a range of account types. It operates solely through its domain immort.trade and has no physical office addresses disclosed.
As a young broker with no regulatory oversight, Immort presents both opportunities and significant risks. Traders should be aware that the lack of regulation means no third-party monitoring of its operations, financial segregation, or investor compensation. FXCanary's risk assessment scores the broker at 54 out of 100, indicating an elevated risk profile.
Regulation and Safety
Immort does not hold any licence from a recognised financial regulator such as the FCA, CySEC, or ASIC. The broker openly acknowledges its unregulated status on its website, which is rare in the industry. For traders, this means that in the event of a dispute or financial failure, there is no recourse to an ombudsman or compensation fund.
The absence of regulation is a critical factor for risk-averse traders. While some unregulated brokers operate honestly, the lack of oversight increases the potential for misconduct. FXCanary advises thorough due diligence before committing funds.
Trading Platforms and Tools
Immort claims to offer both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms known for their advanced charting, automated trading capabilities, and custom indicators. The availability of these platforms suggests a focus on experienced traders who rely on technical analysis.
No proprietary platform or additional trading tools are mentioned. The absence of a web trader or mobile app from the broker itself means traders must rely on the MetaQuotes offerings. This is standard for many small brokers that license the MetaTrader suite.
Account Types and Costs
Immort's account structure includes Standard, Premium, and VIP tiers, catering to different deposit levels. The Standard account requires a $50 minimum deposit, while the Premium and VIP accounts start at $1,000 and $10,000 respectively. Spreads are advertised as variable and competitive, though exact figures are not provided on the website.
Leverage is offered up to 1:500, which is high and risky. Such leverage can amplify both gains and losses, and is often restricted by regulators in other jurisdictions. Traders should understand the implications of high leverage before trading.
Deposits and Withdrawals
The broker accepts bank transfers, credit/debit cards, and e-wallets including Skrill, Neteller, and USDT (crypto). No deposit fees are charged, and the broker claims to process withdrawals within 24 hours. However, the website does not specify any withdrawal limits or fees.
Crypto funding options like USDT provide anonymity but also introduce additional risks due to price volatility. The lack of clarity on withdrawal terms is a red flag, as some unregulated brokers impose hidden fees or delays.
Target Audience
Immort appears to target traders who are comfortable with high leverage and unregulated environments. This includes experienced speculators in regions with limited access to regulated brokers, such as parts of Asia and Africa. The low minimum deposit makes it accessible to retail traders with small capital.
The broker is not suitable for beginners or those who prioritise regulatory protection. The elevated risk score and absence of oversight mean that only traders with a high risk tolerance and thorough understanding of forex risks should consider Immort.
Overview compiled by FXCanary from regulatory records and public data. full Immort review