Learning about Forex Trading, cryptocurrency, and other financial markets? You might have heard of IM Academy. This is the academy overview and what it offers to its members.
IM Academy, formerly known as iMarketsLive, is an educational platform that offers courses and mentorship to individuals interested in learning about forex trading, cryptocurrency, and other financial markets. The company was founded by Christopher Terry, a former trader who wanted to share his knowledge and experience with others.
IM Academy offers a variety of courses and resources for its members, including live trading sessions, educational videos, webinars, and mentorship. Members can choose from different membership levels based on their needs and goals. The company also provides a compensation plan for members who refer others to the platform.
One of the unique features of IM is its use of a network marketing model. This means that members can earn commissions by referring others to the platform. While some people have criticized this model as similar to a pyramid scheme, IM Academy maintains that it is a legitimate business model and provides valuable educational resources to its members.
IM Academy has received mixed reviews from its members and critics. Some members have reported success in their trading and appreciate the educational resources provided by the platform. Others have criticized the high membership fees and the emphasis on recruiting new members.
Academy faced legal action from the Commodity Futures Trading Commission (CFTC) for allegedly operating a fraudulent scheme that misled customers about the profitability of its trading tools and services. The company settled the charges by paying the penalty and agreeing to avoid future violations.
In conclusion, the Academy is an educational platform that offers courses and mentorship to individuals interested in learning about forex trading, cryptocurrency, and other financial markets. Although the company has faced criticism and legal action, it continues to provide resources to its members and maintain its network marketing model. If you are interested in joining IM, it is important to research and considers the potential risks and benefits. For Android users, visit this app, for additional information.
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