iMarketslive is one of the largest online cryptocurrency and foreign exchange educational platforms according to the website. The company opened its door in 2013 as a financial trading software company. The Forex education platform the company has designed is set up to help a newbie learn the market. The experts in the company have over 20 years of experience to offer to a newbie who wants to start trading. The company offers IML Academy, which is a foreign exchange and cryptocurrency market education that will teach you about these platforms. IML TV is a live mentorship for foreign exchange and cryptocurrency. The company has a Harmonic Scanner that is a harmonic pattern indicator that scans the market for valid harmonic patterns. The Web Analyzer is used for scanning the Forex and cryptocurrency markets during the day. The company offers a mobile app called Swipe Trade that you can easily install on your smartphone. The Swipe Coin app is another great tool to have on your mobile device. You can receive information on your smartphone about different cryptocurrency trading ideas.
What is IMarketlive Academy?
- There are over 100 different educational videos you can watch and learn at your own pace. They are easy to follow videos that will teach you the ins and outs of foreign exchange and cryptocurrency.
- You have access to the step by step modules that will teach you how to master the markets.
- Forex and Cryptocurrency education has beginners, intermediate and advanced learning modules.
What Is IMarketslive TV?
- IMarketslive TV is available in 8 major languages. They will be adding more languages later on.
- You have a variety of different training categories you can attend. The categories range from basic to advanced crypto. Furthermore, they offer different types of product training and strategies you can watch to help you learn the trade.
- The company offers around 1000 hours each month of live analysis and education.
What Is The Harmonic Scanner?
- The harmonic scanner will scan the different markets and look for valid harmonic patterns. This takes place at various time frames during the day.
- You will receive provides pivotal information that will help you identify risk points and targets.
- The scanner is designed to use with multiple trading styles. IML TV will provide you with product education.
What Is The Web Analyzer?
- The Web Analyzer will scan the Forex and cryptocurrency markets during the day,. This happens on varies time frames.
- The Web Analyzer work in real time with the live markets.
- The Web Analyzer will provide you with multiple strategies you can use. It is easy to learn how with the IML TV education that is provided.
What Is Swipe Trades?
- This is an app you can use on your mobile device to receive different Forex trade ideas. The information is provided to you by the company’s team of experienced educators. You can receive this information anywhere in the world.
- You will receive essential trade information right on your smartphone for risk points, different notes from the experienced educators, follow-ups, and guidance from the company’s team of experts.
- The app is excellent for building a hands-on experience with the different markets and it also gives you a second opinion.
What is Swipe Coin?
- Swipe Coin is another mobile app that will send you cryptocurrency trading ideas direct to your mobile device.
- The app gives you essential trading information about the risk points, different notes, follow-ups on the information provided and the experienced market educators are there to provide you with assistance.
- This is another great app to help you build your hands-on experience with the markets and will give you a second opinion.
How Much Does It Cost?
- The Platinum Package includes the IML Academy, IML TV, Harmonic Scanner, Swing Trades and Night Owl session with Christoper Terry. The initial cost is $225 and each month you will need to pay 164.95.
- For an additional cost of $21.95, you can add the Web Analyzer to your arsenal.
- The Swipe Trade mobile app costs an additional $21.95 per month.
- If you are interested in the Swipe Coin app this cost 49.95 a month.
- The total cost each month is $258.80 if you add on the Web Analyzer, Swipe Trade App and the Swipe Coin app.
- In order to join and start the program, you must pay the initial $225.
How Much Can You Earn?
- In order to make this a business opportunity that allows you to earn money, you’ll need to invest in the platinum package first.
- As a new recruit to the company, you have the opportunity to get paid 4-levels down.
- Level 1: earns you a 30% commission and you are a personally sponsored member.
- Level 2: you will earn an additional 10%.
- Level 3 4: earns you an additional 5%.
- The residuals are paid to you in a 3-8 matrix. In level 1 you will have 3 branches and each level down will have another 3 branches until you reach the 8th
- You will need to recruit 12 affiliates before you can reach the 8th level and have a potential of 9840 positions.
- You will earn an 8% commission for each sport you have.
- There is a $5 to $35 bonus for each platinum package you sell.
- Just keep in mind you will need to purchase the package in order to sell the product as an affiliate.
This is a very risky company to join and you will need to pay $225 to join the company in order to become an affiliate and each month, you’ll need to pay an additional cost of $165.95 a month. There are a few extra programs you can add to your arsenal to help you with your trades. This can incur an additional cost of $92.85 a month.
Keep in mind this is an MLM company and it is up to you to recruit new members in order to advance to the next levels. The company does offer a demo software package you can use to simulate your trades and learn the market. I have seen a lot of people advertising this company, but so far they have been showing the results they have achieved using the demo software.
Forex trading is a risky business and sooner or later you will need to invest some money in order to actually trade on the market and to stop using the demo software. In order to gain any type of money in this program, you will need to recruit a large number of people and sell them the platinum membership package. There are not many people who can afford an initial payment of $225, let alone a recurring payment of $165.95 to $258.80 a month.
Just keep in mind when you do your own research about this company there are hundreds of negative reviews and people calling this a scam. The owner of the business had two other MLM companies that were closed down by the government and the government seized over 60 million dollars to pay back the investors and the owner had to pay a 4 million dollar fine.
My personal advice to you is this: Only invest what you can afford to lose. This is a large chunk of money you need to pay out on a monthly basis in hopes you can get people to join your affiliate program. Furthermore, it is hard to get people to invest in Forex trading and not many people these days have that much money to give to a company to maintain their membership.
1 thought on “iMarketslive Review 2019: Legit or Scam”
I will not recommend this company. Once your money goes in, it’s not coming out. That simple. I called and messaged their finance department over 20 times, trying to withdraw but not once did it go through. Honestly, I’m happy I could get my money back but I just wish these guys knew the what they put me through. From my health to my relationships. Anyways, lesson learnt! I’m just happy I can move on now and don’t mind sharing my experience with others. Drop me a message at fransicataylor via gmail.