If you are reading this article, chances are someone introduced you to a company called Imarketslive and you want to find out more information on the company before putting out money, time and investment required to make money. You are curious to know if it’s a scam and if it’s worth it.
I will be giving my personal experience with Imarketslive and my honest review on their system.
MY PERSONAL EXPERIENCE
Back in August 2018, I got a call from one of my university lecturers inviting me to attend a business opportunity seminar. He did not explain in much detail over the phone what it was about, just that the opportunity was a great one and you can make money within a short space of time.
On September 1st 2018, I attended the Imarketslive seminar where they introduced the business opportunity and members gave their stories on where they came from before they found Imarketslive to the success they achieved through the business.
I found that to be very intriguing because usually at seminars like those, the people aim their focus on what the business is about and try recruiting many people as possible.
That was NOT the case and that peaked my interest.
So after the seminar, I told my lecturer I was interested in the opportunity and I will give him a call during the week.
He told me at the time his team was having a discount of $30 US for all new members that joined. I paid for the Platinum Package at $195 US including Swipe Trades which was an additional $16 US on my credit card. My lecturer informed me that the Swipe Trades app is an easy way to make money while learning how to trade on the stock market. I was refunded the $30 US in cash for the discount I was given.
After paying for the Imarketslive package, I got instant access to the IML Academy, IML TV, Harmonics Scanner and Swing Trades. These are all educational resources within their platform. And so my journey began learning to trade on the Stock Market.
There was a wealth of information available within their platform from basic to advanced training on FOREX. Tons of videos which were between 8-20 mins long and a lot of webinars and online classrooms.
I found the videos to be very long and tedious and I suffered information overload but I kept learning anyway because I was eager to start making money. I set up my online broker account with FX Choice with help from two of the top coaches in Trinidad and Tobago and I funded two accounts with $50 and $100 US respectively to begin trading.
I downloaded the Swipe Trades app and how it works is they give you trades from Monday – Friday and you plug the trades into the trading platform known as MetaTrader 5.
“Alright so far, so good”. Or so I thought.
I started trading and I made about $4.00 US on one trade. I was convinced that this was real and I continued trading and I ended up losing more than the $4.00 US I made. I actually lost close to $40 US on the whole.
By losing so much when I already had very little to start discouraged me from continuing. I even tried getting two people to join under me to get my membership for the next month covered but that failed also. I decided to cancel my membership.
I sent them an email to cancel my membership the day before it was due as I could not afford to continue. They did not reply and charged my card the following day the $145 US monthly membership.
This infuriated me and I sent back another email to which they responded a few days after saying they would send the refund within 3-5 days and it would take 10-15 days to process and for it to be refunded to my card.
2-3 weeks later I received the refund on my credit card and I sent back the funds from my FX Choice account to my bank account via wire transfer.
I discontinued Imarketslive afterwards…
I would NOT recommend Imarketslive if you are looking to make money and little capital to invest. Trading on the stock market takes a significant amount of time and investment to be successful and the Imarketslive platform is not newbie friendly.
Imarketslive at a Glance…
Company Name: Imarketslive
Owners: Christopher Terry & Isis De La Torre
Price: $195 US 1st month Platinum Membership & $145 US monthly.
Overall Rank: 50 out of 100
Imarketslive Product Overview
Imarketslive, otherwise known as International Markets Live, is an online training academy founded in 2013 by Christopher Terry which offers financial education and resources on foreign exchange or FOREX and Cryptocurrency.
They are located in over 120+ countries worldwide with over 60+ full time educators on their platform. They offer from Basic to Advanced training and their training is broken down into various videos, webinars and online classrooms.
The Good & the Bad
PRO #1 – Wealth of Information provided
PRO #2 – Excellent Compensation Plan
PRO #3 – Various apps where you can earn money such as Swipe Trades and Swipe Coin
CON #1 – Very Expensive
CON #2 – Not Newbie Friendly
Who is Imarketslive For?
Imarketslive is for people looking to start making money online who have a significant amount of time and money to invest into trading on the stock market.
Learning the skills to become a master trader takes a lot of time and dedication. It is NOT for newbies who are now starting off online.
Imarketslive Tools & Training
Imarketslive has a variety of training materials from online classrooms, webinars, videos and conferences calls where students can learn from the best trading on the stock market.
Imarketslive offers support via their online chat. When joining Imarketslive, you have access to the top leaders in your country and within your down line to ask for any help you need via online groups such as Whatsapp and Facebook.
Imarketslive costs $195 US for the Platinum Package for first time signups and $145 US per month thereafter.
You can also sign up as an IBO, otherwise known as Independant Business Owner, within Imarketslive where you would be promoting the business as an affiliate marketing program.
The cost to sign up as an IBO are as follows:
$16 US for the basic package
$40 US for the middle package
$80 US for the advanced package
My Final Opinion of Imarketslive
Imarketslive platform is good if you have a significant amount of money to invest in trading as well as their high monthly membership before you learn how to master trading.
I would NOT recommend Imarketslive if you are now starting out in the online world and don’t have a lot of money to invest because you will lose a lot before you make in this business.