![]() They offer a passive income stream and not being registered with the SEC while offering a passive income opprountiy is securities fraud (this seems to have ben fixed now, though)Īlso, Alex Morton had previously worked with a MLM which the FTC deemed as a pyramid scheme.Ĥ) Are there any similar companies? There are many MLM's based around forex and trading. After cleaning things up there were still issues like not being registered with the SEC. This is a very flawed way to make money which I'll address in the next section.ģ) Are there any red flags? iMarketsLive at one point was basically only red flags. You get a certain commission based on the sales of the people below you. With these companies you sign up for a fee to be able to sell their products for a commission.Īlso, you get rewarded for recruiting and building a downline as well. This is very common in the MLM world but always a good sign.Ģ) How do you make money here? IM Mastery Academy is a MLM which stands for Multi-Level Marketing. In September 2019 this company switched its name to IM Mastery Academy. They brought on board MLM superstar Alex Morton and iMarketsLive was brought back from the grave. They switched up their compensation plan and made retail sales more prevalent which is good to see. However, after the CEO apparently had enough of running a company like that, they made some pretty big changes. ![]() This company originally was an outright pyramid scheme because there was not retail opportunity/money making opportunity outside of recruitment. ![]() 1) What is IM Mastery Academy? IM Mastery Academy is a reboot of another MLM/trading company called iMarketsLive.
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