Hello and welcome to my in-depth imarketslive compensation plan and ranks breakdown.
We will talk about each and every aspect of this company by Christopher Terry.Few days back I wrote a review on imarketslive too.Give it a read too.
So,let me guess why you are here.
You were doing research about forex and digital currency trading and came to this imarketslive and then you start doing your research.
First thing first,I want to tell you before talking about imarketslive that by any means I am not associated with this company and will not try to pitch you imarketslive in this review.
This means that this review is completely unbiased and from a third party.
Let’s talk about imarkeslive.
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As clear from the name,imarketslive is a forex trading company which is based on multi level marketing structure.
This company claims that you can make money from it by just doing what they will teach you.
The owner of the company is Christopher Terry.It’s name is imarketslive,because inside the system you can see every move big traders make.And that too live!
This means that you can see big gurus trading live.This will give you an idea when and where to invest.
According to Christopher Terry,best time to invest in forex is when market is crushing.This company is not single handly made by Christopher Terry.
Many of his friends also participated and helped him making this multi level marketing company.
Inside iMarketslive,you will be given training on the best sources to invest your money.
There will be a room in which they will give you live classes on when to invest in forex and end up making profit on it.But also,imarketslive make their position clear whoever joins this company,They are not responsible for their failure or success.
There is not any kind of refund policy in this company.Also after joining imarketslive,if you end up making money or losing it,the company had to do nothing with it.
They are making their position clear because deep inside they also know that almost all people that join iMarketslive end up losing their money.
I will tell you about this later,but first let’s talk whether iMarketslive is a pyramid scheme or not.
Is iMarketslive A Pyramid Scheme?
Now the question is whether imarketslive is a pyramid scheme or not?My answer is that imarketslive is not a pyramid scheme.
Nor it is a ponzi scheme.Rather it is an outright pyramid scheme.
What this means is that it involves features which includes pyramid structure.
Means that if you want to make money from imarketslive,you have to recruit people in it.
But it is not a 100% pyramid scheme,because they are also giving you forex training inside the system.
Now,most of the people saying imarketslive a pyramid scheme is because of its residual commissions process.
Most of the people that are making money in imarketslive is by recruiting others.
For this only 1% people end up making money with imarketslive.
Top 1% makes all the money,because they have a large downline below them,others just try their luck hard before they give up.
And let me clear you on more thing.The 1% who makes dew hundred dollars here and there are the most moral less people out there.
Sorry,but I hate whenever someone pitch me a new business idea every other day.
Success Rate At iMarketslive
If you join imarketslive,success will be rare.
Stats showed that almost 73 to 99% people that join mlms,instead of making a single penny,they end up losing their own money.
This is very common with mlms,nothing new.
Same goes with imarketslive.You may be thinking why imarketslive has a very high failure rate?
Let me tell you the reason behind it.Most of the people that join multi level marketing companies are completely newbies.
They are beginners in multilevel marketing and have no experience in marketing.They do not know how to sell.How to pitch products.
The biggest reason is that people do not have an audience to sell their products in mlm.So,what is the next thing they do?
They end up reaching their family and friends.And their friends say ‘YES’ just to get them off their back.
Sometimes mlm distributors end up in ‘NFZ’ stands for no friend zone.
Related Forex Mlm = Fx Trading Corp
BONUS : My #1 Recommendation To Make Money Online In 2021(Free Guide)>>iMarketslive Product Line
iMarketslive is a trading software which focuses on dividing out education related to trade.
They claim that this software is worth thousands of dollars because it has the ability to make you rich.They offer various kinds of products to us.
1 – FX Signals Live – It is a hands free trading service which is based on a create and go system.
This means that you have to do nothing according to the big gurus.
Just follow them and they will teach you some outstanding facts about forex in which you do not have to work everyday.Is it possible?
I have done forex trading too and in my opinion it looks like a completely impossible claim.
2 – Live Trading room – In this live trading room you can see every move of experts doing forex trading.
They can be in loss or profit but you can learn lots of things from them.
3 – Harmonic Scanner – Harmonic scanner is a tool which will automatically tell you when it’s a good time to do forex trading.
4 – Trading education – This is their flagship product in which they are going to teach you forex trading.Forex trading is taught by experts in crypto trading niche inside imarketslive.
Now,the question is whether these products are worth time and investment or not?
I have spent a fair amount of time reaching my final verdict about it and did not reach a final verdict on it.
This is because there are many mix reviews about their products on platforms like BBB.Here are screenshots of some of their products.
Best way to know whether these products are legit and will work for you is to buy them personally(;
How To Make Money With iMarketslive
Generally talking about mlms there are two ways for you to make money from them.
But you can make money with iMarketslive with three ways which are as follows..
1 – Sell their products and make residual commissions on it.
2 – Recruit people under you and make money.
3 – Forex trading through its software.
Now let’s talk about each of them one by one.
Before talking about it’s compensation plan and these three ones,let’s talk about how you can get started with Imarketslive..
How To Get Started With iMarketslive
They offer two packages for you.But you need a minimum $195 to get started with this company.
Or I can say mlm.It is a pay to play program.
You have to pay them bucks in return to make money.Let’s see their packages.
1 – Customer Platinum Package
In this package you need to pay them $195 plus you will have to pay $145 every month after that.
2 – IBO Platinum Package
This will cost you $200 for the first month and $150 after that.
Let’s talk about their compensation plan..
iMarketslive Compensation Plan
I have reviewed almost 300 mlm companies,you know what is common in all of them?
It is that they all have very complicated and complex compensation plan.
Nothing different with the iMarketslive compensation plan.IMarketslive compensation plan is as..
Recruitment Commissions
You will get commissions on recruitment levels as
1 – Level one – 30%
2 – Level two – 10%
3 – Level three – 5%
4 – Level 4 – 5%
Residual Commission
In this your commissions are directly proportional to what level you are in.
They are paying 8% commissions on every spot you sold.
But before this you have to unlock the ranks to make more money.
Recruiting more people looks like this..
1 – Sponsor two affiliates – Earn on 1-4 metrix.
2 – Sponsor 6 affiliates – Earn on 5 and 6 affiliates.
3 – Sponsor 9 affiliates – Earn on 7th level.
4 – Sponsor 12 affiliates – Earn on all 8 levels.
You are noticing that they are focusing more on recruitng then selling educational products?Hmm..It’s getting trciky a bit.
Best way to research about whether it is a pyramid scheme or a scam is to directly talk to the person who is trying to recruit you
There can be two questions you can ask him,in order to get a clear idea about imarketslive,whether it is a pyramid scheme or not.
First one is that how much money he is making on retail sales.
If he is making less then 50% from retail sales then it must a pyramid scheme.In pyramid schemes,most of company’s revenue comes from residuals(distributors).
So,if the person trying to recruit you is making more then 50% from residual commissions,it is a pyramid scheme.
Now the second thing to look for whether it is a pyramid scheme or not is that,how much d0wnline the person trying to recruit you have.
If he has more then 5 people under his belt,then it is a pyramid scheme.
Because FTC claims that they never allow mlm distributors to recruite] more then 5 people.
Why it is important to know it is a pyramid scheme or not?
Or why I am stressing on it more then anything in this review?
It is because pyramid schemes are illegal in the USA.And whenever noticed FTC bans them.
This is the thing company and the person trying to recruit you will never reveal.
And most of the time,pyramid schemes are headed by scammers.Who have no intentions other then to make money in it.
Now,let’s talk about cons and pros.Things which I liked and things which do not in this multi level marketing company.
First talk about things which I did not liked..
BONUS : My #1 Recommendation To Make Money Online In 2021(Free Guide)>>Things I Disliked in iMarketslive
Let’s talk about things which I did not like.
There are many which are..
Ponzi Scheme/Pyramid Scheme features
It is almost a ponzi and pyramid scheme.It is not me that is saying this,many countries warned them.
Also FTC has a close eye on them.It looks like that anytime they are going to be hit by FTC.
The United Kingdom’s FCA has issued that iMarketslive is an unauthorized company which is doing irregular activities.
AMF in France issued a warning against them.
Also Belgium’s FSMA does not trust this mlm company.
It’s good news that the SEC,a firm in the United States of America, did not issue anything against iMarketslive.
Who Is Making Money?
Talking in general,I search for companies average income disclosure,iMarketslive does not have one.
Or maybe they do not want to tell us how much people are failing in it?
Forex trading
If you are a newbie and do not want to lose money,then forex trading is not for you.It is for people who are experienced.
I can recommend it to you if you have extra $100,000.
It is not me,most of the famous traders claims that if you have extra $1000,000 then come into this multi level marketing company.
This is because trading has risks.In Fact huge risks.
Now,here is the a tip for you.
If it was that easy to make money from forex trading,everybody would be rich.
They are not rich and you know the reason why?
Things I Liked In iMarketslive
Well,honestly I did not like anything in this multi level marketing company.In my reviews I do not want to brag anyone.
The only good thing is that you can make money in it,after trapping someone into this never ending mlm world.
10 Shocking MLM Statistics That You Need To Know!
- Almost 99% participants of all multi level marketing companies lose money,According to the FTC.
- There are 38% more chances of you profiting from your own any kind of small business? than joining these mlms.
- Success Rate of online business,which will give you financial and time freedom,is 20% more than joining mlms for making money.
- The odds of you winning a lottery worth $10k among 10,000 people is 300 times higher than actually making money from mlms.
- According to the AARP foundation,47% distributors of all mlms lose their money,apart from this 27% do not make a single penny.
- Remaining 26% that actually make money,53% of them make less than $5000/year.
- 39% among those 53%,who are making $5000/year quit because recruiting and selling crappy products to friends and family members jeopardized their relationships.
- Forget about building a long term business with mlm,because 50% of all mlms participants quit within one year.
- 75% people that join mlms say that they will never ever join any kind of mlm.
- A poll was conducted in 2018 among 1050 mlms distributors and it was found that most of them makes 70 cents an hour and 20% of them did not make a sale.60% of them makes less than $500 in sales over the past 5 years and 32% of them acquired credit card debt to finance their mlms involvements.
SOURCE:
Is iMarketslive A Scam?
No,iMarketslive is not a scam.In fact it is a legit mlm company.
In fact the owner of the company is Christopher Terry,who is very famous in trading.He is also featured in Forbes.
This does not mean that you can join this company in biz opp.
It is not a scam,but chances of you making money from iMarketslive is slim to none.Imarketslive is not what I recommend people.
Mlms,going door to door,everything you name it,I tried it!
Why I do not recommend mlsm like imarketslive to my readers?
It’s very simple,it is not a legit business model.That’s not me claiming this,but every single stat out there showed that joining mlms is a fool’s idea.
Why join Mlms when there are more scaleable,sustainable and long term business models out there?
Makes no sense to me.
Mlm is not a long term,scalable and sustainable business model.It is designed to make money from you.
Yes,you are company’s best customer.Every time you lsoe money,company makes money.The only person who is making money in mlms are their owner.
They are structured like this,Mlm = Waste of money and time.
Also I do not like to sell anything to my friends and family members,they are the least ones that would trust you.
I like a quote from Jack MA,
“Your relatives are the least people to trust you,they always think that you are overselling them and doubt you.”
This is why recruiting too is not that easy.
And for this I believe that imarketslive too is destined for failure.
I want you to start a legit business model
I am making $30k/month with lead generation business from the comfort of my home.Some of our students are een making $100k/month.
In this business model,you have to generate leads for business owners.
Let’s say you send a lead to a dentist,he turned him to a customer and made $1000 in him.
He will be more then happy to pay you $100 for it.
Now imagine if you can send him 100 leads per day.That’s $30k/month.
A simple,proven and legit business model.That at the same time is more scalable,sustainable and long term.
If you want to learn and watch the exact training that helped our students to make $100k/month then watch the training by clicking the button below.
That’s it for today’s review.
Before leaving Check Out my #1 Recommendation to make money online after reviewing 300+ mlms,courses and pyramid schemes.
>>> If You Want To Really Get Rich Online,(at an average of $1500 per sale PER MONTH),Watch This FREE Training <<<OTHER REVIEW RELATED TO TRADING.