Do you have doubts about the legitimacy of IM Mastery Academy? Trying to find an evaluation of IM Mastery Academy?
When did you first learn about iMarketsLive? You may not be aware of this, but that other business was IM Mastery Academy in the past. The new moniker debuted in 2019.
They also enhanced their trading software and added additional features.
Trading is a difficult job that not everyone can accomplish. To be successful, traders must have a compelling intellect. IM Mastery Academy offers to equip traders with tools and training to help them generate more money.
Is this true? Can you trust them? Continue reading for our full review.
MLMs like IM Mastery Academy are a bit of a mixed bag. They CAN be a legitimate way to make money, but some have a reputation for literally ruining people’s lives – so it’s important to know what you’re getting, since each one is unique.
Like most of my readers, you were probably introduced to this one via a friend or some influencer you trust online.
And it makes sense why so many people recommend them:
Making money outside of a 9-5 can be… life-changing, to say the least.
So in this article, I want to help you explore two things:
- If MLMs are actually a worthwhile business to pursue
- If IM Mastery Academy is a worthwhile MLM
Before that, I want to clear the air on something.
There are A LOT of people out there who bash all MLMs in any form. But I’m not one of those people.
Instead, I want to genuinely educate you about them so you can make an informed decision on how to proceed.
If you’re unfamiliar with what MLMs actually do:
They’re businesses in which you pay money to a company for the ability to sell their products.
Sometimes the products are actually kind of decent (I still remember my mom throwing pampered-chef parties when I was younger).
Other times the products are really poorly made and come with a high price tag.
Typically, the only way to really make money is to get people (mostly friends & family) to sign up with you for a recurring subscription.
If the product is 100% legitimate & valuable, it’s entirely possible to get people to sign-up and continue paying you.
If the product is subpar, you’ll usually burn those bridges kinda quickly and end up with $0 coming in each month.
The biggest issue I’ve seen is that this puts significant stress on your personal relationships, as you’re reliant on selling to your “network.”
Think about it: if you KNEW that every time your friend Sally called, she’d be trying to sell you one of her products… you’d eventually stop answering Sally’s calls.
Now, this doesn’t mean MLMs are outright bad… it means you need to know what type of MLM you’re getting yourself into before you sign up.
Again, some MLMs provide real value to people, but MOST don’t – and so in this article, I’m going to explore the case with IM Mastery Academy.
But before that, I want to ask you a question: what if there was a way to build actual recurring, semi-passive income?
- Doesn’t have inventory
- Doesn’t make you sell to your friends & family
- Doesn’t force you to recruit people onto your “team”
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what IM Mastery Academy looks like on the inside, keep reading.
What Is IM Mastery Academy?
IM Mastery Academy claims to have everything you need if you want to learn how to trade Forex successfully.
However, my research into this training platform revealed that it operates through multi-level marketing (MLM) or a pyramid scheme whose primary goal is recruiting new members.
You might be wondering what the difference is between that and affiliate marketing. Affiliate marketing has no downline and is a totally legal and successful business concept; when you’re solely recruiting for one entity, it gets a little sketchy.
Even though IM Mastery Academy provides Forex knowledge and tools in financial markets, I cannot ignore all of the unfavorable reviews about them.
Before enrolling at IM Mastery Academy, it’s a good idea to research the company’s history.
iMarkets Live was the former name of IM Mastery Academy. Because iMarkets Live had developed a negative image over the years, they decided to rename the whole company to start over with a “clean slate.”
Who Is The Brain Behind IM Mastery Academy?
Christopher Terry founded IM Mastery Academy.
He stumbled onto Forex by chance one day and decided to make a career out of it. He had to put in some time at the office before he could quit and devote himself full-time to Forex trading.
After a few years of working in Forex, he wanted to share what he had learned with others. He has spoken at conferences and to small groups of traders since 2001 regarding forex markets.
What Is Included In IM Mastery Academy?
Just what does the IM Mastery Academy offer? Because iMarkets Live is now known as IM Mastery Academy, all of the previously offered resources are available, along with some brand new ones.
Let’s continue delving deeper into IM Mastery Academy’s resources:
IM Mastery Academy Tools
First, I’ll look at the Delorean. To help you find your own personal style, this algorithm will put you in the right place at the right moment, giving you access to hundreds of different market opportunities.
I’m aware that by using this resource, you may learn about several approaches and choose the one that works best for you. It’s an additional $21.95 for this to be included.
This program seeks ideas for “set it and forget it” swing trading over the long run. You may use this instrument if you don’t want to trade every day or every hour. This, however, comes at an additional fee of $21.9
This tool gives several ways for finding trading ideas – no analysis required.
It is available as an add-on for $9.95.
An algorithm finds entry opportunities, stops losses, and takes market gains one level at a time—a $21.95 add-on.
This mix of methods seeks high probability trade ideas and correlates with one another. This helps identify key reversal zones. As an added feature, it costs $21.95.
This tool will assist you in locating and identifying the optimal market entry options for the foreign exchange market. As an add-on, it costs $21.95.
By detecting critical reversal zones over several periods, our system streamlines the process of spotting market opportunities. As an add-on, it costs $21.95.
If you trade Binary Options, this is a great tool for quickly coming up with trading ideas. The accessory costs $21.95 per month.
All of these resources are fascinating, yet some of them seem unnecessary.
What Is The Compensation Plan For The IM Master Academy?
To recap, IM Master Academy operates as a multi-level marketing company. How exactly will you be compensated for recruiting new team members?
Affiliate membership in IM Master Academy is required for financial gain.
You may earn money at IM Master Academy by doing the following:
- Residual commissions
- Recruitment commissions
- Bonuses correlated with promotion and sales
IM Mastery Academy Pricing
IM Mastery Academy offers many different price packages to choose from. Each of these topics is addressed in its class.
You can also save a lot of money if you buy them all together, which is another option.
The following are the costs for the IM Mastery Academy Programs:
- FRX Academy is $234.95 for registration and $174.95 each month
- HFX Academy $234.95 registration fee plus $174.95 monthly fee
- DCX Academy costs $234.95 to enroll, then $174.95 every month
- Elite Academy (FRX, HFX, DCX bundle) $324.94 for enrollment + $274.95 each month
This is a lot of money for online courses, in my opinion. Also, I’ve seen high-quality online classes for far less money. There are even free online trading courses available.
It’s baffling to me why I’d spend so much money to learn about the forex market. In my opinion, the costs are exorbitant owing to the platform’s MLM element.
If you wish to use the strategies and tools, you must pay the following fees:
- Harmonics $21.95
- SwipeTraders $21.95
- SwipeCoin $21.95
- Vibrata $9.95
- GoldCup $21.95
- Levels $21.95
- Pivots $21.95
- Liberty $21.95
- Steady $21.95
- Delorean $21.95
- BounceBack $21.9
These methods and tools are said to help independent business owners take their trading to the next level.
Nonetheless, IM Mastery Academy courses are expensive at the end of the day. Thus, I don’t recommend IM Mastery Academy to anybody looking to increase their trading success or even learn how to trade forex.
For the best business model, check out below!
Are There Alternatives To IM Mastery Academy?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is IM Mastery Academy A Scam?
So, time for the $1,000,000 question: is IM Mastery Academy a scam?
No, not technically. They aren’t going to run off with your money and not give you what you paid for. It’s 100% possible to make money with this program.
That being said, it’s not nearly as simple as they want you to think it is.
There’s A LOT of work to be done upfront and no guarantee that you’ll be successful. The commissions are also fairly small.
Don’t get me wrong, I’m all for doing hard work now, so that I can reap the benefits later.
But if you’re going to work really hard for 3 months, and your reward is a $100 check… it’s not really a great opportunity.
If I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike with MLMs, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation In Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
I’ve also been on the other side of old friends trying to sell me their fancy new MLM products.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Ownership & Control: With MLMs, you don’t really “own” anything – everything belongs to the MLM.
If you read the contracts, they can kick you out or change your commission at any time (it’s happened recently in a few high-profile MLM cases).
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
Big Margins: With MLMs, you’re often going to have really slim margins. That means you need to have a VERY large network to make serious money. This usually entails spending A LOT of money on ads and other methods for recruiting members.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with an MLM, you would need to sell twice as much inventory. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
You’re Helping REAL People: My biggest gripe with MLMs is that you’re likely going to ruin your personal relationships.
The MLM may have convinced you that you’re actually helping people, but it’s often not really true.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other MLM programs like IM Mastery Academy, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.