Is iMarketsLive a Scam?

Do you want to learn more about Forex and digital currency trading? You have stumbled upon the website called iMarketsLive and you are not sure whether it is a legit platform?

I am glad you find my website.

In this iMarketsLive review, we are going to find how this system works, what are the Pros & Cons, what is the compensation plan (if there is one), and whether you can learn enough to start earning online.

You already may have read different opinions about the iMarketsLive, some of them are good some of them not so good.
So, Is iMarketsLive a Scam?

Let’s dive into the review, right away.

Disclaimer
Please note, I am not a member or an affiliate for iMarketsLive. This review is based on research and information available online in the public domain.
Any recommendations and conclusions are only opinions and may not apply to all persons or situations.

iMarketsLive Overview

Name: iMarketsLive
Website: www.iMarketsLive.com
Price to Join:
$234.95 as an Initial Payment + the cheapest plan $174.95 per month
Recommended: No.
I recommend Affiliate Marketing. Check the Pros and Cons of both business models (Affiliate Marketing vs. MLM).

iMarketsLive Summary

iMarketsLive is a platform that supposed to teach you how to trade on Forex. It operates as an MLM and that is the entire problem with this company. 

The real money is in recruiting and the only people who make money are the ones who are at the very top. 
It is expensive to join and expensive to keep your membership. With that being said majority just lose the money. 

This is still a new company but because of the legal issues (see below) the creators already change the name of the company and currently it is called the IM Mastery Academy which is the same thing. 

I don’t recommend “investing” with iMarketsLive.

If you are really interested in trading, I can show you a legitimate company that has plenty of educational materials, provides trading signals and members have direct access to the mentors. 

It is also great for beginners.
The name of the company is Forex Signals and you can find out more about this company at the link below. 

Check More Details Here

They offer a free 7-Day trial. 

What is iMarketsLive?

iMarketsLive means International Markets Live.
It is a platform that teaches you how to make money with the foreign exchange (Forex) market and with digital currencies.
That includes Bitcoin, Litecoin, Etherium, and other Is iMarketsLive a Scam?cryptocurrencies.

This system sells products and services that should help you to build a process where you are supposed to learn how to master these markets.

Well, to give you an impression of how enthusiastic people behind the iMarketsLive are:

Our story is simple.

We empower people.
We build better lives.
We give meaning & purpose.

We believe real change begins with
positive self-talk & thinking,

that finding happiness
starts within.

I mean good for them – it is always good to have such an attitude.

I forget to mention that iMarketsLive is an MLM company (multi-level marketing) and for some, it means a pyramid scheme.
We are going to explain soon what the difference between MLM and the pyramid scheme is.

Anyway, the company was founded in 2013.
The headquarters is in New York and currently, they operate in more than 120 countries.

Founder of iMarketsLive

The founder of iMarketsLive is Chris Terry.https://www.institutionalinvestor.com/article/b19fcfsc2n7jw6/Is-This-Company-a-Forex-Trading-Pyramid-Scheme

How did he come up with the idea of starting an MLM company?

In 1990 he started with Amway, the world’s largest multilevel marketing company.

He did not make a dime in Amway, but he did find out how the MLM works and that the only way how to make money with MLM is to create one.

Is iMarketsLive a Scam?
Source institutionalinvestor.com

Prior to the iMarketsLive foundation date, he also tried day trading and forex.
So he decides to mix up these two – trading and MLM.

As a result of that, iMarketsLive is alive.
A few years later he has opened a clone of the iMarketsLive, called IM Mastery Academy due to the fact that in some countries the original iMarketsLive has been labeled as a Pyramid Scheme.

So if you suspect that the iMarketsLive and IM Mastery Academy is the same thing – you are exactly right.

Legal Issues with the iMarketsLive

  • The statement above about iMarketsLive being labeled as a pyramid scheme is based on the information from the Financial Services and Markets Authority.
    It is a “supervisory authority, that strives to ensure the honest and equitable treatment of financial consumers.” (source Wiki)

Is iMarketsLive a Scam?

  • Also in 09/2018 iMarketsLive was sued by the Commodity Futures Trading Commission. Based on the CFTC Document No. 18-24, iMarketsLive violated the regulations about offering trading services without registration.
    As a result of that iMarketsLive offered a settlement and it was accepted by the CFTC.

Is the iMarketsLive Pyramid Scheme?

The iMarketsLive is an MLM company and therefore people tend to call it a pyramid scheme.

I understand, but technically speaking, not all MLMs are pyramid schemes (even though each MLM has routes in the pyramid scheme).

Here is a short video to explain what the pyramid scheme is:

The outright pyramid scheme has no product or service to sell.

However, the current pyramid schemes have developed in such a way that it is not easy to recognize them right away. Some of them use the product just to hide the pyramid structure.
Here is an example of how a seemingly legitimate MLM company called Young Living, was accused of being an illegal pyramid scheme.

We know that iMarketsLive offers products and services, and people, in theory, can make money without recruiting others.
But normally everyone is “forced” to recruit new people into the system, and it is suggested in the iMarketsLive Compensation Plan too.

Is iMarketsLive a Scam

They use the term “sharing” to make it look nice, but everyone knows that it is basically recruiting new members.

Who is iMarketsLive for?

Apparently, the people behind iMarketsLive help people to build a better life.Is iMarketsLive a Scam?

So who does not want to have a better life, right?
Such claims have not real value and it is just an advertisement.

How about people who are interested in Forex and Cryptocurrency trading look for training and courses that can teach them how to make a profit?
This is the group of people who in theory might be interested in iMarketsLive.

But as we have seen in the section above, it is better not to get involved with the iMarketsLive.
This company uses aggressive sales tactics and there is a strong emphasis on recruitment.

If you really want to try it out, how much does it cost?

What is the Price to Join?

You can join Imarkeslive as the IBO or as a Customer.

Join as an IBO Enrollment Options

You can either pay monthly or yearly.
The payment per month is $16.70 and you

  • earn commissions
  • get access to training and tools

They offer you an option to pay yearly but it is possible only by BTC.

Join as a Customer

Again you can choose to pay monthly or yearly.

The year plan costs $3,150.00

You can choose to pay either 2 x $1,600.00 or 4 x $825.00

The monthly plan is a little more difficult.
You have to pay first the initial payment which ranges from $234.95 to $324.95 depending on the package you choose.

After the initial 28 days here is the price for each package, which you have to pay monthly:

  • Elite – $274.95 per month
  • Platinum – $174.95 per month
  • HFX – $174.95 per month
  • Digital Currency – $174.95 per month

So the cheapest way how to become the Customer is to pay:

  • $234.95 as the initial payment
  • $174.95 each month starting 28 days from the initial payment

That is $2,584.45 per year (something over $215 per month).

Products, That iMarketsLive Offer

They offer different courses. Here is the list:Is iMarketsLive a Scam?

  • FRX Academy – This course teaches you about foreign exchange, currency movements, how foreign markets operate, and so on.
  • HFX Academy High Frequency – HFX teaches you about the binary options
  • DCX Academy – Digital Currency – This academy deals with cryptocurrencies.
  • IBO Home-based business academy for business owners. It teaches you how to build a business from your home. This course will be available in summer 2020 (as of this writing it is already summer, but still no information regarding the IBO)
  • ECX  – Again coming in summer 2020

You can also get all the courses at once. It is called Elite academy.

What Do People Say About the Products?

Is iMarketsLive a Scam?

According to the BBB site or Trustpilot it safe to say that the iMarketsLive is not that awesome.

People are complaining mostly about the money the people from iMarketsLive “took” from them. The main issue is with the refunds though.

The iMarketsLive offers a 100% money-back guarantee within 7 days. But the process of refunding takes several weeks.

Also, it is not easy to get in touch with iMarketsLive support, either.

However, the typical response from the support is that it can take up to 3 weeks until the refunds are sent back.

You can read the reviews on the Trustpilot site here.
Please note that I have deliberately checked only the 2, 3, and 4 stars reviews as I find these most reliable.

Compensation Plan

I am not sure if you have ever seen the compensation plan of the MLM company. I mean any MLM company.
Pretty difficult to comprehend, right?

Well, most of the MLMs have at least this document available.

How about iMarketsLive?
Nope. Nowhere to be found (I mean on their website).

But thanks to the huge resource of information on the internet, it is possible to find it somewhere else and therefore I am glad I can share the entire document with you.

I know that it may be boring to read the 10 page PDF file, so let’s break it down.

You have two options to join the company (already mentioned above).

First is the IBO (Independent Business Owner).
As mentioned the cost is $15 per month. You don’t have to purchase the Platinum Package.

The second is when you decide to purchase the Platinum Package and you become a Customer.
The start-up cost (or initial payment) is $234.95 and then a month renewal is $174.95.
I know that in the compensation plan, there are different prices – but unfortunately, the latest available iMarketsLive compensation plan is from 2016.

Is iMarketsLive a Scam

The principle is the same though so let’s see what is inside the Comp Plan.

It is all about recruiting and you are even advised to recruit 2 people (into your “team”) right after you become a Customer.

1) Get 2 Customers

Refer two other retail customers to the platinum packages and you don’t pay for yours.

Both people must join before your next monthly subscription.

  • You must be an active IML Customer and at the same time this offer is for the customer, not for the IBOs

2) Platinum Bonus

You get a $35 bonus for each new member who purchases the Platinum Package.

  • You must be at least Platinum 150 (Director) to get the bonus. That means you have to have at least 3 active members.

Here are the Rank requirements:

Is iMarketsLive a Scam

3) Weekly Residual Income

As a Platinum 150, you can get a $150 bonus.

  • Remember that you still have to maintain 3 active members.

4) Chairman Infinity Bonus

This is already a high level.
It is said that this a “one of the most powerful ways to earn money”, but you must achieve the Chairman ranks first. Once you do, you can get 1% of the Group Volume (GV).
GV – is the total Personal Retail Sales Volume (PRSV) and Personal Sales Volume (PSV)

  • You must have at least 500 Active members within your “team” (and other requirements as per the table above).

5) Rank Achievement Bonus

Once you achieve a specific rank (Platinum 2000 and above) and you keep it for 3 following months, you get a one-time bonus.

  • As a Platinum 2000, you must have at least 75, active members, in your group

As you see, the bonuses are paid to those who have active members in their teams.

There was also a 7-minute video on Youtube where the compensation plan was explained. 
But it was taken down, for some reason…

How Much Can You Make with iMarketsLive? – Income Disclosure

All MLMs have to have the Income Disclosure available on their website.

I believe you have gone through the website iMarketsLive.com and after a few seconds, it is obvious that there is not that much information.
Unfortunately, the income disclosure is not there either.

This is a red flag and it only reveals that there is something they want to hide.

After more digging, I did find such a document.. only it is from 2018, instead of 2019.
We have at least something and based on the numbers, it is clear why it is not freely available on the iMarketsLive website.

Is iMarketsLive a Scam?

I find this disturbing:
So less than 0.3% of all the IBOs make more than $33,542!

Do these numbers relate to the company’s “story”:

“…We empower people.
We build better lives.
We give meaning & purpose.

Of course, you will be told that it is your fault!

It becomes obvious why iMarketsLive is labeled as a pyramid scheme in the EU. And most likely more and more countries will come up with the same statement.

And there is one more thing:
Trading with Forex is extremely difficult and so is recruiting.

What are the chances of making a decent income with iMarketsLive?
Pretty low.

Is iMarketsLive a Scam?

Why People Lose Money?

First of all, every MLM recruiter sells a dream.
Those who fall for it, join the company and they are obliged to pay the monthly fee or they have to purchase a certain amount of products.
With iMarketsLive, there are no tangible products but you have to pay the monthly fee – which is pretty expensive.

So you are in a situation of being pushed to purchase the products (or pay for the service) and/or recruit others.
What is the result?

A pyramidal structure is shown below.

Every Pyramid structure is made that way.
The products or services are being pushed downwards and money flows upwards.

This simple diagram corresponds with the table regarding the Income disclosure, above.

What do Other People Think? 

You will find a lot of different reviews about iMarketsLive. 

It is also recommended to check some consumer review websites, like example Trustpilot

Is iMarketsLive a Scam

As we see there are a lot of 5-star ratings, but it also a lot of 1-star ratings. 
Now, it is obvious that many of the 5-star ratings are from people that promote iMarketsLive, so it is important to take them with a grand of salt. 

On the other hand, the 1-star ratings might be biased as well. 
Therefore, whenever I’m checking some service, I tend to disregard the 1 and 5 stars, and carefully read the rest. 

Is iMarketsLive a Scam

So it is up to you to decide, but in my opinion, there is a better alternative concerning the Forex. 

A Better Alternative

It is pretty difficult to make money with Forex.

But if you are serious about Forex, I can recommend you a different platform called ForexSignals

This platform offers everything you need to make is a forex trader. 

  • Join daily live Streams to watch and copy the trades
  • Share your ideas and get feedback from professional
  • You get signals from professional mentors. 

You have a 7-day trial to make sure that Forex Signals is for you. 

Do you want to try something else? 

Then keep on reading…

Build Your Own Business Online

People are willing to pay money for courses and systems, but the truth is that no system guarantees you success.
A lot of scammers are aware of the fact that most forex traders fail, so this is a huge source of potential customers.

They over-promise and underdeliver and as a result of that, the iMarketsLive customers are canceling the membership. And this is where other issues pop up.
The iMarketsLive support is not motivated to be in a rush and people are waiting months until they get back their refunds.Is TimeBucks a Scam?

This is not how online businesses should work. In fact, iMarketsLive due to the issues above has already changed the name and it is not called IM Mastery Academy.
But it is just a clone of iMarketsLive.

On top of that iMarketsLive operates like the MLM, or as labeled in the EU as a pyramid scheme.

Making money online does not need to be difficult.
You just need to change the niche and my suggestion is to leave the Forex trading and take a look at the business model called Affiliate Marketing.

With affiliate marketing, you don’t recruit others to make money. You don’t chase people and you don’t offer them overpriced products.

There is a learning curve as well (especially if you have not heard of affiliate marketing before) but with proper education, you can start making money within 6 months.
Depending on the niche, within a year you can have 4 digits per month as a consistent income online.

But is better to check the review of the educational platform and see for yourself.

What I like about iMarketsLive

  • It is possible to make money with Forex trading (although the chances are low)
  • A lot of training materials

What I don’t like about iMarketsLive

  • On the other hand, making money with Forex is pretty difficult and unless you have a lot of experience you probably lose money
  • Expensive packages
  • Emphasis on recruitment
  • Company is considered as a Pyramid Scheme in Belgium (It is a matter of time until it will be banned in other countries)
  • Delays in processing of requested refunds after canceling membership

Conclusion

What do you get from the iMarketsLive?
You are purchasing educational products and services through iMarketsLive on how to trade Forex and Cryptocurrency.

You can become an IBO (Independent Business Owner) and get a commission from the sale, or you can become a customer where you can select a specific package.
That is not cheap and you have to have a budget of at least $215 per month.

What concerns me is the fact the iMarketsLive operates as the MLM, with some aspects of a Pyramid Scheme.
These are not legal in most countries, so the question is, how much longer can this company operate?
Another question is, how much can you make with companies like iMarketsLive?

Probably not much and we can refer to the numbers in the Income Disclosure.

What else bothers me?

The iMarketsLive is still a pretty new company, but the founder already changed the name and created a clone called IM Mastery Academy.
What has changed?

Absolutely nothing.

We also have seen the legal issues, so to sum it up – I don’t recommend iMarketsLive.

If you want to learn about Forex Trading you should check a website called Udemy. You will find a course that costs up to $20 and you get a couple of hours of video training.
I am not saying that one course alone will make you master, but it is definitely a better beginning than throwing a couple of thousands on iMarketsLive.

In case you have questions or you want to share your experience with the iMarketsLive, please use the comment section below.

Thank you for reading,
Mike

Interested in Trading?

Check Forex Signals as the biggest forex trading community teaching proved strategies from experienced mentors. 

It is great for beginners and they also offer a Free 7-Day Trial. 

Find Out More about Forex Signals

 

31 thoughts on “Is iMarketsLive a Scam?”

  1. I invested a total of $75,000.00USD worth of Bitcoin with an online company who does trading and was guaranteed a payout of 25% a week. They ended up shutting down their company website but their website was still running. So I could still see my dashboard at that time and instead of paying weekly they ended up compounding my money. It ended up compounding to $179,000USD so I requested for a withdrawal which was declined before they shutdown their website, I complained to my colleague at work who directed me about this recovery expert, Mr. Alexander Elliot that helped him, i contacted him immediately, what surprised me most that I recovered my money that same week. You can contact him at {deleted}gmailcom and he will assist you on the steps to recover your invested funds. Good luck as you contact him for help

    Reply
    • Thank you for your comment
      Just wanted to let you know that spamming is not allowed at this site.

      Therefore the email address you have entered in your comment has been deleted.

      Wishing you all the best
      Mike

      Reply
  2. Really appreciate your honest review of the iMarketsLive.

    I do understand that it is not easy to remain unbiased, but let me tell you -> I love that you mention the Trustpilot and how to pick the most objective review.
    Really Cool.

    I am gonna go ahead and check the Forex Signals – seems like a better option.

    Reply
    • That’s right – I think, we all are a little bit biased, so it is always a good idea to check other reviews.

      Trustpilot is a great site and I always recommend checking the service/product there.

      Regarding the iMarketsLive, it has turned out that there are more Cons than Pros and therefore I don’t recommend it.

      Glad you enjoyed the article,
      and thanks a lot for your comment
      Mike

      Reply
  3. Hello Mike, thanks for sharing such an amazing and we’ll detailed article about imarketslive. It’s really good to see how you have saved a lot of people who will be looking to get involved in this business as its not good for us. Trading is a great means of making money, but it all goes down to you being good at it and forex is really tactical and if not careful you’ll lose a lot of money 

    Reply
    • Thank you for your comment. 

      I believe a lot of people have been saved from joining the iMarketsLive (and thanks to other unbiased articles as well). 

      You are right about Forex. It is tricky and it requires enough budget, patience, and long-term thinking. 

      Cheers

      Mike 

      Reply
  4. Thank you for å free and fair review. It’s sad that a company would go to the extent of rebranding and changing their name but not the methods of operation that got them into trouble in the first place. Shows that online there are some opportunities that are in disguise which gullible people can get into and regret later. Thanks for bringing this to our attention. I’m off het rich schemes for life. 

    Reply
    • Glad you like the article. 

      Yes, it is highly recommended to stay away from the iMarketsLive. 
      It doesn’t make sense to waste the time with these guys.

      Thanks a lot for your comment
      Mike 

      Reply
  5. Great tips! While I believe making $1k a day is possible for many people.

    The truth is that it takes hard work, the right hustle, and a mentor.

    This is where I found someone to help me plus I was able to join a mastermind of users for free:

    [Link Deleted]

    Reply
  6. Hello there! this is an amazing review you have got here, I’m sure the quality information in this post will be of great help to anyone who comes across it as is to me. I have already heard of this platform but never got a chance to do thorough research on that. 
    I would have signed up for it if I hadn’t read your review as their packaging and claims are highly intriguing.

    Thanks for sharing.

    Reply
    • Hey there.

      Glad you like the article. 

      That is right, this platform is not a good business model for people. 
      More than 99% of those who join, lose money. 

      Thank you for your comment
      Mike 

      Reply
  7. Thanks for this Mike. It is good to hear someone be open about MLM. The comment about the way to make money from MLM is to start one. Then the founders get rich and those below lose out. Not all MLM opportunities are scams but I agree Affiliate marketing is the better alternative and a chance of true success.

    Reply
    • That is right. 

      I have just read an article that FTC came up with. They have done research on bunch of MLM companies with results that more than 99% of people lose money.

      That is the nature of that “business” I guess. 

      Thank you for your comment
      Cheers
      Mike 

      Reply
  8. Hi Mike,

    I have heard of forex trading and I also have heard of iMarketsLive or IM Mastery Academy. 

    I know that trading forex futures is risky business and you need to be on your game and know what you are doing before you tackle the forex markets. Everyone has seen what happened to bitcoins and I still don’t understand how they value bitcoins! I don’t even have the nerve to own a bitcoin!

     I am glad you told me this was an MLM company, because I don’t like MLM’s. And It can’t be good when a company is accused of being a pyramid scheme and not allowed to operate in Belgium. I am a bit put off by the cost, and the fact that they are difficult to contact and get refunds. This company has red flags going off everywhere! 

    I personally would be sick if I referred a friend to this company, and they complained to me about all the problems!

    Thank you for alerting me to this company, it is one everyone should avoid.

    Reply
    • Hey Chas,

      I agree with you. 

      Many years ago when I was working for one MLM company I also felt bad about myself selling the products to my family members. 

      And the recruitment part I absolutely hated. 

      I actually can’t imagine myself selling products that iMarketsLive has to offer to my close ones – or even worse to try to convince others to join this company. 
      Not in a million years! 

      You are right that both iMarketslive and IM Mastery Academy have a lot of red flags! 

      Thanks a lot for your thorough comment
      Cheers,
      Mike 

      Reply
  9. Thank you for the overview of this imarketslive but personally, I do not the effects of paying such amount monthly when some people actually charge the same amount to learn forex and even stay under  them for the mentoring program too. This is really ridiculous and I will.not encourage anyone to dive into this. Thank you

    Reply
    • Glad to help. 
      iMarketsLive is just another product pretending to help one make money by trading on forex. 
      They make it sound very tempting, saying that one can make good money. 

      The truth is the only people who make money withing the iMarketsLive are the ones who know how to recruit others and they are at least in the upper half of the pyramid structure. 

      The majority lose money. That is unfortunately the naked truth about any MLM. 

      Reply
  10. Hello there, thanks for sharing this awesome article I know it would be of great help tot he public as it has been of help to me. I have heard a lot about this particular brand and I think it still another Ponzi scheme and as we all know Ponzi scheme favours only the first starters

    Reply
    • thanks for your comment. 

      Glad to help. 
      iMarketsLive is not a good business opportunity – as you say the only people who make money are the ones at the very top. 
      The rest just pay, hoping to earn a few bucks. 

      Definitely not recommended. 

      Reply
  11. It’s really funny how this company just went on to copy another platform outrightly and they just look alike here. I find that as a thing that amuses me but what’s even worse is the fact that this one is really that expensive to join and I will only be learning some things about tradi. I think it’s too high ticket and the value isn’t really worth the 

    Reply
    • You are exactly right. 

      There is no point of “investing” in such a shady “business opportunity” 

      Unfortunateyl there are a lot of such misleading (almost scammy) products out there and sometimes it is not easy to recognize legit one from the scam. 
      That is why I always recommend doing research and ask questions. 

      Thank you for your support
      Mike

      Reply
  12. Hello There, thank you for taking your time to compile and share this informative and resourceful review article. This article is centered on whether iMarketsLive Is a scam or not. 

    I have already done some research on iMarketsLive but I must say that this review seems to be very objective. 
    But there are quite lots of Red flags and i would prefer to find out more about it before making my conclusions.

    Reply
    • Absolutely – Do the research first. 

      I am glad you find this review helpful. I always try to highlight the positive and negative. 
      To be honest, I am not a fan of any MLM, so I might be a little be biased here but the bottom line is that iMarketsLive does have characteristics of a pyramid scheme. 

      Thanks a lot for your comment
      Mike

      Reply
  13. Hi Mike, thanks for writing an extensive review of iMarketsLive. Yes, I’ve been stumbled upon their platform and hesitate to join. I checked on other review site and it doesn’t seem they have a good reputation. Seeing the income disclosure document actually makes me stop thinking about joining it. I’ll check more on affiliate marketing. It seems promising to me 🙂

    Reply
    • Hi and thank you for your comment. 

      That is right the iMarketsLive would be just wasting time and money. There are certainly better ways of how to generate revenue. 

      Affiliate marketing is one of them and if you need any more details on that let me know. 
      Cheers,
      Mike

      Reply
  14. Hi, I have been researching about this platform after my cousin suggested it to me. He’s just a teenager and I have to make sure it’s an honest and legit opportunity. And, as I initially thought, this platform is one that we should avoid. It’s legal issues and it’s likeness to modern pyramid schemes are enough for me to give these guys a pass.

    Thank you very much for your review.

    Reply
    • My pleasure, 

      I am glad you find value in this article. 

      It is great that you guys do research before jumping into a conclusion. 
      You will be better off with other business opportunity and in my opinion, you can have a look at the affiliate marketing. 

      Should have more questions let me know
      Mike

      Reply
  15. Thank you so much for sharing with us a wonderful and informative article. The main theme of this article is iMarketsLive Review. 

    It is truly incredible that you have illustrated this topic so well in your article. I have learned a lot by reading your article and gained a lot of knowledge about  iMarketsLive. Of the points mentioned in your article, I like Easier Way to Generate Revenue.
    From my experience, iMarketsLive is not worth it as they offer a service that they don’t have a license for. 

    Besides, the MLM aspect of it is something that I personally dont like. 

    Finally, I enjoyed reading your article and so I’d like to share your article in my Facebook group if you are happy with me.

    Reply
    • Thank you for your thoughts on iMarketsLive. 

      Yeah, it is better to stay away from this system. 

      As for sharing the article on your Facebook group – be my guest. 
      Feel free to share it so more people are informed about this product. 

      Mike

      Reply
  16. Hi Mike,

    This is not the first time l heard about iMarketLive. I wanted to do more research and after reading your comprehensive review, iMarketsLive is definitely not worth the investment. Honestly, l am not a fan of MLM scheme, needless to say iMarketsLive contains some Pyramid elements. Furthermore, l agreed with you that there are too many red flags in this program and you have to spend money to earn money.

    Somemore, according to statistics that only 1% of the members made adequate income from most of the MLM companies.

    My favorite way of making money online is affiliate marketing by creating a niche site and monetize it with several digital marketing strategies. The benefits are much greater than MLM if you can master the art of affiliate marketing.

    Thank you, Mike. It’s a great read.

    Chris

    Reply
    • Hey Chris,

      Appreciate your comment. 

      I am not fan of any MLM either, but I tried my best to point out also the positive aspects of this particular company. 

      But the undeniable truth is the earning potential (based on the income disclosure) and the Pyramidal scheme elements. 
      It really does not make sense to pay hundreds of dollars for a course that barely teaches what works. 
      Sure, it is possible to earn with Forex – but for anyone who just starts, it is extremely difficult. 

      Therefore the affiliate marketing is in my opinion as well, the best way how to become financially independent. 

      Than you again for your comment
      Cheers,
      Mike

      Reply

Leave a Comment