Welcome to my third party unbiased IM Mastery Academy Review!
In other words, I am NOT in this company so won’t be asking you to join.
Instead, I am going to give you an honest opinion on this latest Forex MLM company so you can make the right decision.
Chances are someone probably approached you about their trading/Forex opportunity and you landed here to make sure it’s legit.
Maybe you were approached on Facebook or Instagram…
Maybe it was just simply an ad you saw on an influencers page on social media.
Whatever the case may be, I am going to walk you through the company, products and compensation plan.
Just make sure you PAY close attention and read this to the end…
IM Mastery Academy Forex MLM Company
IM Mastery Academy started life as iMarketsLive back in 2013 and was launched by Chris Terry.
The company started off a little sketchy even though they did have retail products and services.
The issue was they offered an auto-trader which puts it in securities arena.
Meaning…
They would have registered with the CFTC/SEC which they weren’t.
March of 2018, they got rid of the auto-trader which was a good move on their part to avoid any future lawsuits.
CFTC started to investigate iMarketsLive back in September 2018 and probably was the main reason they got rid of this auto-trader.
According to the CFTC investigation:
iMarketsLive affiliates were receiving automated returns from an entity run by individuals who were not registered and thus authorized provide such a service.
They ended up paying a fine for $150,000.[1]
This really hurt momentum, in fact, the company was quiet during 2018 and most of 2019.
September 2019, Chris Terry decided to rebrand the company as IM Mastery Academy.
There was also a new co-founder, Isis De La Torre.
Alright that’s what I know about the company, let’s check out the products next inside of this IM Mastery Academy review!
IM Mastery Academy Products
IM Mastery Academy specializes in Forex and Cryptocurrency products and services which include:
- Harmonics – “patterns in the forex markets help you identify potential reversals in the market” (also offered in a cryptocurrency variant)
- Delorean – “an algorithm that gets you in the right place at the right time with hundreds of market opportunities”
- Steady – “this algorithm looks for long term, swing trade ideas that you’ll be able to set and forget”
- Vibrata – “provides multiple strategies that look for trade ideas for you – no analysis needed on your end, ever”
- Levels – “an algorithm that identifies entry points, stop loss and take profits one level at a time in the markets”
- GoldCup – “a combination of strategies that correlate with one another and look for high probability trade ideas”
- BounceBack – “this tool searches for and identifies the best entry points for you to get into the markets”
- SwipeTrades – “access real time forex trade ideas and market analysis & education sent straight to your phone” (also offered in a “SwipeCoin” cryptocurrency variant)
- Pivots – “this algorithm takes the guess out of finding market opportunities by identifying key reversal zones on many time frames”
- Liberty – “this tool focuses on finding high pace trade ideas for Binary Options”
They also offer several academy options if you scroll up:
- FRX Academy – “gain mastery over trading currencies”
- trading digital currencies”
- IBO Academy (not a retail product) – “discover how to take advantage of a $180 billion industry and learn the step-by-step blueprint to building a successful home based business”
IM Mastery Academy are bundled with Platinum ($225) and Elite Starter Packs ($325).
Retail customers have the following products and services they can purchase:
- Prime 3 Month Plan (appears to be Elite Starter Pack equivalent) – $825 every 3 months paid in bitcoin
- Prime 6 Month Plan (appears to be Elite Starter Pack equivalent) – $1600 every six months paid in bitcoin
- Prime 12 month Plan (appears to be Elite Starter Pack equivalent) – $3150 every 12 months paid in bitcoin
- Elite Starter Pack – $325 and then $274.95 a month
- Platinum Starter Pack – $199.95 (different price on the public-facing website) and then $164.95 a month
- HFFX Monthly – $189.95 for four products not featured on public-facing website and then $179.95 a month
- Digital Currency Monthly – $189.95 for cryptocurrency related products and then $179.95 a month
It’s direct competitor in the MLM space would be Tradera.
Alright next, let’s take a look at the compensation plan this of IM Mastery Academy review…
IM Mastery Academy Compensation Plan
You can high 11 ranks inside of this company.
Below is the breakdown on how to do so:
- Platinum 150 – Have a downline of 3 subscribers and generate 435 GV a month
- Platinum 600 – Have a downline of 12 subscribers and generate 1740 GV a month
- Platinum 1000 – Have a downline of 30 subscribers and generate 4350 GV a month
- Platinum 2000 – Have a downline of 75 subscribers and generate 10,875 GV a month
- Platinum 5000 – Have a downline of 225 subscribers and generate 32,625 GV a month
- Chairman 10 – Have a downline of 500 subscribers and generate 72,500 GV a month
- Chairman 25 – Have a downline of 1250 subscribers and generate 181,250 GV a month
- Chairman 50 – Have a downline of 2500 subscribers and generate 362,500 GV a month
- Chairman 100 – Have a downline of 5000 subscribers and generate 725,000 GV a month
- Chairman 250 – Have a downline of 15,000 subscribers and generate 2,175,000 GV a month
- Chairman 500 – Have a downline of 30,000 subscribers and generate 3,350,000 GV a month
Subscribers can be both affiliates or retail customers who have purchased the IM Mastery Academy Package.
GV = Group Volume and no more than 40% of the GV can come from one unilevel leg.
Commission Payouts
IM Mastery Academy affiliates can earn $35 on the Platinum Starter Pack on both customers and affiliates.
$50 commission can be earned on Elite Starter Pack’s that are purchased by affiliates or customers.
Residual commissions are paid down another two levels on Platinum 600 and 1000 ranked affiliates:
- Platinum 600 ranked affiliates earn a residual $10 Platinum Starter Pack and $12 Elite Starter Pack commission on level 2
- Platinum 1000 ranked affiliates earn a residual $5 Platinum Starter Pack and $7 Elite Starter Pack commission on level 3 (on top of level 2 commissions)
Cost To Join IM Mastery Academy
You can purchase the following from this company:
- Platinum Starter Pack – $225
- Elite Starter Pack – $325
- Affiliate Membership – $16.71 per month
Now unlike all the other IM Mastery Academy reviews out there I am going to keep it real…
So Pay CLOSE attention to the verdict…
Verdict
So does the IM Mastery Academy scam exist?
To be honest, I believe they went in to the right direction and are focusing more on actual education than making some kind of auto-trader.
Their compensation plan needs a bit of more work though…
They definitely need more retail incentives to keep them out of pyramid scheme territory.[2]
The other issue I have is with their IM Mastery Academy algorithm which sounds very close to their auto trading bot…
Renaming something doesn’t mean anything…
I would personally hold off until some of these things are addressed.
End of the day you day you should learn the skills to build ANY business just incase one doesn’t pan out…
To learn those skills step by step click here.
We will even provide you with ONE on ONE coaching to make sure you are on the right track.
I hope you enjoyed my IM Mastery Academy review and if you have any questions, feel free to ask in the comments below…
Follow me on Social media below:
Subscribe To My YouTube Channel Here.
See you at the top,
-Jesse Singh
P.S. If you are tired of failing ANY business, click here and check this out to take your game to the next level.
Is it worthy to pay and start this? can we earn profits or something by doing this ? Unless will it be a waste ?
This company isn’t a scam or anything so it’s up to you if you want to get into the Forex world.
I have joined IM in October 2019, having absolutely no idea about Forex or trading. A year later I am quite confidently trading myself, using the tools they provide (Harmonic scanner, Pivots). I attend live trading classes with educators who take all the trades with us. I love the philosophy the IM has, and that is to teach you to fish in the forex market while earning on the go. Educators are brilliant and there is plenty of study material and support when needed.
People in my family have been scammed which is why I wanted primarily to learn. Now I have a hobby I can do anywhere at any time, I have knowledge and I’ve changed my mindset (less greed, more patience). I am incredibly grateful to the person who got me in and the team who helped me get where I am today.
IM Academy is primarily the academy offering education. I think I’ll stick around a while longer.
Hey Zonkie,
Thank you for letting us know about your experience.
For anyone that is in IM Mastery Academy and wants to crush the affiliate side,
Click here and check this out.
We can help you scale ANY business.
Where or what would I have to do? And what’s the cost?.
It’s listed in the review..
I am about to work on an internship for several months and would like to suspend my membership to avoid charges during that time. I am not able to contact someone to give me info on this request.
Titus Pankey
434-960-4657
You need to actually contact IM Mastery, I am not in the company.