This review will discuss how to take advantage of the iMarketsLive compensation plan. But is it REALLY possible to profit from IML?
Online research is a great way to find out the truth about internet programs and businesses in the present time.
So it’s a good thing you’re doing that.
MLMs like IML Compensation Plan 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 IML Compensation Plan 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. I am not one of those people.
Instead, I want to genuinely educate you about them so that 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 on 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 what the case is with IML Compensation Plan.
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 IML Compensation Plan looks like on the inside, keep reading.
What Is IMarketsLive?
International Markets Live is referred to as IML (or iMarketsLive).
Christopher Terry, the CEO of the business, is a seasoned Forex trader with eight years of experience and numerous 8-figure profits in the market.
iMarketsLive (IML) was established in July 2013 and is based in New York City.
The company, which has operations in more than 120 countries, is perfect for people looking for customers online through Internet marketing and local or traditional marketing techniques.
iMarketsLive (IML) is a Multi-Level-Marketing organization that also offers Forex trading.
The IML Compensation Plan
The IML Compensation Plan:
You have two possibilities for becoming a part of the IML compensation plan:
Be An Independent Business Owner Or IBO
For $15, you can sign up to become an IBO, which gives you access to the IBO Kits and requires you to complete an IBO Agreement. There is also a $15 monthly charge for this.
You can share iMarketsLive products and services with your friends, family, and other connections by signing up as an IBO (you cannot extend the sales directly to a family member).
Although you don’t have to buy the Platinum Package immediately, doing so is strongly advised if you have enough money.
To participate in the IML Compensation Plan, you must first become an IBO.
You can obtain a Platinum Package by individually generating 145 (PRSV)-Personal Retail Sales Volume.
Join Platinum Package Directly
You sign up for the Platinum Package to become a customer. You can purchase the Platinum Package as an IBO or retail customer. Earning the Platinum Package now has a $225 start-up fee and a $164.95 monthly renewal fee.
You can access all iMarketsLive products as well as the following add-on packages with the Platinum Package:
Swipe Coin is $49.95 per month, while Swipe Trades and Web Analyzer are $21.95.
Platinum Package is available to both retail customers and Independent Business Owners.
Refer Two Customers And Receive Free Access
You can refer two retail clients once you’ve purchased the Platinum Package.
As a Platinum subscriber, you are entitled to free access to the product for the following month for every two Platinum Packages you receive.
Before the subscription or billing month of the following month, you must obtain two referrals.
When you refer two additional Platinum Package eligible customers or personally sponsored members, your iMarketslive Platinum Package customer status must still be active.
IMarketsLive Products Line
The primary product of iMarketsLive is financial trading software. The offering comprises forex training and software, as well as cryptocurrency trading.
Among the main products are:
- Live FX Signals
- Live Trading Room
- Harmonic Scanner IML
Among the various services included are:
- A crypto analyzer
- A site analyzer
- Swipe coin
- Harmonic Scanner IML
- Coin IML Academy
- Live training
The four core packages include:
- FX signals
- A Live training room where you can interact with the CEO
- An IML harmonic scanner that finds and explains forex trade patterns
- Training courses
Since most of the services, excluding webinar access, are offered for free on other platforms, there is no guarantee that iMarketsLive would be a lucrative business venture.
Again, I personally don’t think the hefty fee is justified by Terry’s claimed in-depth knowledge of the FOREX market and trading.
IML Rank Bonus: How To Make Money With IMarketsLive
Platinum Bonus: You get $35 when someone you introduced to the site upgrades to premium membership. The bonus is paid out once a week. You get $10 when a level 2 member upgrades.
Weekly Residual Income: The weekly private pay ranges from $37.50 to $125,000 each week, albeit it’s not guaranteed to everybody.
Platinum 100, for example, gets you $37.50 per week, while platinum 600 makes you up to $150 per week. The higher your rank, the more money you can make on the platform.
Chairman Bonus: The chairman bonus is earned once you reach the chairman rank. In this situation, you receive 2% of the commission from each level downline.
Rank Achievement Bonus: The bonus is a reward for being in charge of the company for a lengthy period and continuing to be committed to growing your business with IML.
The first half of the bonus is yours if you reach the rank and keep it for three months.
As a trader, you can make a lot of money with the platinum plus membership.
iMarkets live cash earnings are mainly earned through referrals. However, network marketing and bitcoin trading allow you to make additional investments.
Their compensation plan is better than other network marketing companies, unlike Chairman Infinity Bonus of IM Mastery Academy, where you will need Platinum members within 3 legs.
Are There Alternatives To IML Compensation Plan?
Yes, there are plenty of MLM companies to choose from if you want to pursue this business model. Here are just a few:
Is IML Compensation Plan A Scam?
So, time for the $1,000,000 question: is IML Compensation Plan 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 to 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 For Making Money 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 IML Compensation Plan, 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.