Are you wondering if IM Mastery Academy is a scam? Are you looking for IM Mastery Academy review?
Have you heard of iMarketsLive? Well, in case you don’t know, IM Mastery Academy used to be that same company. They only changed their name 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.
This IM Mastery Academy review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
- A decent compensation plan
- Improved product quality
- Income opportunity even w/o trading
Cons: What I Didn't Like
- Forex is complicated (you can get burned)
- An MLM business disguised as a Forex program
- Too many bad reviews
You probably discovered IM Mastery Academy for the same reason you might have come across any other financial newsletter, forex trading service, or investment program:
Because you want more money in less time.
And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).
This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.
The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.
But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.
Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.
Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.
But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.
That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.
But what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Constantly monitoring your phone for buy/sell alerts
- Obsessively watching charts and movement
- The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
- Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?
If that sounds like something you’d be interested in, check out Digital Real Estate.
However, if you’d still like to know more about IM Mastery Academy, keep reading.
What Is IM Mastery Academy?
The IM Mastery Academy offers students the knowledge and resources they need to become successful Forex traders.
However, after doing some investigation on this company, I learned that it is an MLM/pyramid structure focused on recruiting others.
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 1 entity, it gets a little sketchy.
Even though IM Mastery Academy provides Forex knowledge and tools, I cannot ignore all of the unfavorable reviews about them.
Before enrolling at IM Mastery Academy, it is 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 created IM Mastery Academy.
One day, he stumbled upon Forex and decided to make a profession out of it. He had to work for a few years before he could leave his job and dedicate his complete focus to Forex as usual.
After a few years of working in Forex, he wanted to share what he had learned with others. He has been speaking at conferences and to small groups of traders since 2001.
What Is Included In IM Mastery Academy?
What does the IM Mastery Academy offer? Because iMarkets Live just changed its name to IM Mastery Academy, all of the tools it provided remained, along with a few new ones.
I’ll take a deeper look at the tools provided inside IM Mastery Academy.
IM Mastery Academy Tools
Let’s start with Delorean. This is an algorithm that places you in the right location at the right time, with hundreds of market chances to assist you in discovering your unique style.
I realize that this tool assists you in discovering numerous tactics to utilize and selecting the one that best suits your requirements. It costs $21.95 as an add-on.
This tool looks for long-term swing trading ideas that you can set and forget. If you don’t want to trade every day or hour, this tool may be useful. However, as an add-on, it costs $21.95.
This tool gives several ways for finding trading ideas – no analysis required.
It is available as an add-on for $9.95.
An algorithm that discovers entry opportunities, stops losses, and takes gains in the markets one level at a time—a $21.95 add-on.
This is a mix of methods that seek high probability trade ideas and correlate with one another. This is helpful in identifying 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 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.
This is a useful tool for generating high-speed trading ideas for Binary Options. The monthly fee for the add-on is $21.95.
All of these tools are pretty interesting, yet some of them seem to be redundant.
What Is The Compensation Plan For The IM Master Academy?
As previously stated, IM Master Academy is an MLM company. So, how will you be reimbursed for bringing in new members to the company?
To earn money, you must become an affiliate member of IM Master Academy.
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
If you’re searching for a pricing package, IM Mastery Academy provides a few choices for you. Separate courses are offered.
You may also get all of them in one bundle, which will save you a lot of money.
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 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
Each of these methods and tools is said to help independent business owner take their trading to the next level.
Nonetheless, IM Mastery Academy courses are expensive at the end of the day. Thus, I do not 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.
Is IM Mastery Academy A Scam?
So, is IM Mastery Academy a scam? Not technically. You can make money with it, but it’s definitely not as easy as Christopher Terry makes it sound.
Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.
Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.
Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.
They don’t tell you about the 10 100% losers that came before.
In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.
Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.
What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
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:
What Is My Top Recommendation In Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.
Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
5. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like IM Mastery Academy which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.