The company iMarketsLive has been under scrutiny since it first launched. It has been accused of operating illegally and has been banned by some countries, including France and Belgium. In addition to the fines, the Better Business Bureau has given the company an F rating. However, the company’s founder, Alex Morton, has had a long history of working with MLMs and has even come from Amway. While he didn’t make any money through Amway, he said it gave him the mindset that wealth is possible.
It’s hard to believe that iMarketsLive was once a successful company. Its affiliates know very little about trading and their downlines are made up of people who have nothing to do with the forex community. This is because it’s a multilevel marketing scheme that doesn’t actually offer a product or service. The app itself claims to teach you currency trading, but that’s just the beginning of the training. Instead of teaching you to trade currencies, you’ll be given courses in how to become a real money maker.
Despite this, iMarketsLive has a very similar business model to Global Prosperity Solutions. Upon joining, you’ll be given access to FOREX experts and can learn how to replicate their trades. They’re available in more than 120 countries, but the business model is similar. Affiliates are paid commissions to sell Platinum Packages and receive residual bonuses based on rank. This is a scam!
Despite its low BBB rating, iMarketsLive has an impressive track record. Its ratings are consistent with those of the World Financial Group, which also sells products. While iMarketsLive’s BBB rating is not very high, it can be useful for separating it from other IMLacademy scams. If you are interested in joining the iMarketsLive team, check out our review! If you are skeptical about the company, don’t hesitate to read our review below.
If a company offers an unusually high cash bonus, it’s probably a scam. If you’re looking for a $1,000 bonus, try to find another option. It’s unlikely to be legitimate. In addition, the bonuses aren’t regulated anywhere. Therefore, it’s important to be cautious. As with all new opportunities, be cautious of the promises. If they’re too good to be true, they’re probably scams.
iMarketsLive is not illegal but there are many reports of it on the web. This is a company that sells courses and applications for rent. In fact, this company has no license and has been removed from the market because it was being accused of illegal activity. There’s no way to tell for sure if you’re getting a scam. It’s best to avoid the website if it has any of these features.
iMarketsLive is a scam if it offers abnormally high cash bonuses. For example, 1000Extra has an ad that advertises a $1,000 bonus, but the link leads to an account page that is unregulated. As such, it’s best to avoid iMarketsLive and look elsewhere. The company is a complete fraud and should not be trusted. Do not sign up with it.
iMarketsLive is a scam. It’s a FOREX trading software that uses a Network Marketing business model. It offers free software and offers commissions to those who sign up. It’s worth noting that it’s not a get-rich-quick scheme and that it is a legitimate online business opportunity. It’s worth checking out if you’re interested in making money.
iMarketsLive is not a scam. It’s a FOREX trading software that uses a network marketing business model. By selling its software to FOREX traders, iMarketsLive is a legitimate company. Its compensation plan is unclear, however. There’s a huge risk of a fraudulent company with a high fee. In addition, there are other iMarketsLive reviews claiming that the company has no compensation plan.
There are many warnings and testimonials on the Internet about the iMarketsLive scam. There are two main types of iMarketsLive: the paid version, and the free version. The latter has more features than the former. It’s not a scam. iMarketsLive is a legitimate company with no such legal issues. Moreover, the compensation plan is a good way to attract new members.