iMarketsLive Review from Non Affiliate!

imarketslive reviewOn various social media sites, I’ve noticed a lot of interest in a opportunity called iMarketsLive recently.

In fact, some people have even tried to pitch it to me.

In my iMarketsLive Review that follows, I’ll tell you all about this company from what I have found out from my research.

I’ll be talking about the products, compensation plan and more so you can make the best decision for you.

Oh, and finally, I am not actually selling or promoting iMarketsLive so put your wallet away!

Feel free to watch my video review below as well:

See my iMarketsLive Review on YouTube

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So, What Is iMarketsLive Then?

International Markets Live, also commonly known as iMarketsLive, is run by CEO and President Christopher Terry. iMarketsLive is based in New York, United States.

iMarketsLive describes their beginnings by stating:

“after years in the financial markets, a group of traders have come together with a group of marketers to create what is a perfect marriage for people who are looking for a way to create real wealth in their lives.”

Terry said in an interview:

“I was dating a girl and she was bragging about how her boss was making $5,000 a month in some business and that I should talk to him, so I did.

He signed me up, and then my girlfriend, the very one who told me to speak to him, wanted me to quit because it was Amway! I told me sponsor that I had some problems and I had to quit. He told me ‘Get rid of the problems.’

So, I broke up with my girlfriend and built Amway.

I was actually in Amway for several years in the 1990s. I was fortunate to hit levels of success here in the United States in that company. I then went overseas as Amway opened up new markets which gave me the opportunity to have an international business.”

Terry also states that other than the company he and Martino were in together at the time, he has not actually joined up with any other MLM companies.

Terry also mentions:

“I have no products to carry around, no juices or vitamins to purchase or sell, I did not have to sneak up on my friends and family, and I do not have to sell expensive products that I can buy in the store cheaper. We got paid to advertise. Period.

I have been approached by other network marketing companies that involve selling legal insurance, utility companies, juice companies, vitamin companies, weight loss companies, you name it! I have found that ours is so simple; our work is to advertise and it takes no more than two minutes per day.”

imarketslive scam

What Are The iMarketsLive Products?

Within iMarketsLive opportunity, there are no retailable products or services. Affiliates may only market affiliate membership itself.

Within the iMarketsLive affiliate membership is exclusive access to what is dubbed the “Live Trading Room.”

“The ‘Live Trading Room’ is where you can follow our expert traders to see exactly what they are doing each day to win in the markets; watch as they identify Support and Resistance levels and areas that provide the best trading opportunities in the Forex markets.

This is where the real money is made in the markets. Open from 8:30 am to 4:15 EST, Mon – Fri, the Live Trading Room gives you access to everything you need to set yourself up to place winning trades consistently.”

According to iMarketsLive, this access is valued at $5,500 USD.

Along with the ‘Live Trading Room’ access, iMarketsLive affiliates also gain access to ‘Trade Signal Service.’

“IML’s Trade Signal Service gives you access to the SAME BUY & SELL signals sent by our traders in the Live Trading Room.

We do all the hard work for you by watching the markets for hours, until a golden opportunity is spotted then with our expertise the right signals are immediately sent to you.

This gives you the freedom to go about your daily activities without worrying about finding the knowledge and/or time to analyze and time the markets.”

According to iMarketsLive, this access is valued at $6,500 USD.

What About The Compensation Plan?

Because iMarketsLive only allows affiliates to market more affiliate memberships, the entire compensation plan revolves around this activity.

Recruitment Commissions

A Fast Start Bonus is available whenever a new recruited affiliate joins the company. This is based off a percentage of the new affiliate’s membership fees, and is paid through 4 levels of recruitment.

  • Level 1 – personally recruited affiliates – 30%
  • Level 2 – 10%
  • Level 3 & 4 – 5%

Residual Commissions

iMarketsLive utilizes a 3X8 matrix to pay out residual commissions. A 3X8 matrix places you at the top of your team, with three positions directly below you, on Level 1.

imarketslive compensation plan

All positions on Level 1 are split into three again, resulting in nine positions on Level 2. Positions on the matrix are filled via direct and indirect recruitment.

Affiliates are unable to earn on all eight levels of the matrix unless they are able recruit new affiliates.

  • Recruit 2 affiliate – Qualifies on Levels 1-4
  • Recruit 6 affiliates – Qualifies on Levels 5 & 6
  • Recruit 9 affiliates – Qualifies on Level 7
  • Recruit 12 affiliates – Qualifies on Level 8

The Cost Of Joining iMarketsLive

An affiliate membership with iMarketsLive costs $247 per month.

Seriously, Is There An iMarketsLive Scam Going On?

So, I’ve seen tonnes of people say there is an iMarketsLive Scam going on.

Is there any truth to this?

You may wonder if iMarketsLive is a Scam or something perfectly fine and legit to join.

Well, it’s sort of not really a scam.

However, see the next section where I reveal some flaws which indicate pyramid scheme territory.

This put it on shaky ground.

With that said, if you want to make money with iMarketsLive or even a more legit system or business model, my training below actually teaches you how to market.

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Verdict And My iMarketsLive Review Final Score

What can I say about iMarketsLive. With no real products or services, affiliates pay a $247 per month fee to recruit new affiliates. This is a pretty clear-cut pyramid scheme.

Anything that is attached to the membership is completely unimportant – because only the monthly fees are what generate any revenue.

With the Live Trading Room, affiliates in the lower ranks are basically told stock to buy and sell based off advice from “expert traders” at the top of iMarketsLive.

“Within the Live Trading Room, you will obtain the following benefits:

–       Watch Chris and his team of moderators time the markets using time-tested techniques that will be well-explained to you and other traders in the room.

–       Get detailed explanations of the thought-process behind each and every single trade that is placed. We provide guidance through each trade as well as an explanation after the completion of a trade. There is always a technical reason why we trade!

–       Watch how each trade is setup in real-time with exact entries/exits, stops and targets.

–       Daily reviews of each trading day, with recaps of the days trading events and our game plan for the next day. We never exaggerate results.

–       Look over the shoulders of our Expert Traders and see exactly what they are doing each day to win in the markets.

Essentially, they are telling you to observe, follow directions as to what to trade in by following their “expert advice,” and make tonne of money. In fact, it’s similar to something like Icon Sachs which I looked at recently which is also pretty unethical.

I’d be surprised if the SEC didn’t shut this one down within the next month.

I can’t therefore recommend the business on an ethical level as part of my iMarketsLive Review but I can recommend taking my free training course below.

Unlike other reviews of iMarketsLive which I’ve seen, i’ve tried to uncover the truth about this so hope this review helps.

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