However, it is very important to know what you are doing or you might end up losing a lot of money.
This is why companies such as iMarketsLive have stepped in, offering education in Forex and Cryptocurrency.
Are their software and training worth using though? Is iMarketsLive worth it?
Let's find out...
PS: If you want to start making money online without the investment risk, then I would recommend you check out my #1 recommendation and see if it is something you might want to do instead 🙂
What is iMarketsLive?
iMarketsLive (International Markets Live) is a company that provides training and software for people who want to start Forex and Cryptocurrency trading.
It is available in 120+ countries and has 1+ million unique users per month.
iMarketsLive CEO, Christopher Terry has 20+ years experience in the field.
The company claims that both their training and software can help you make money trading. However, you can also make money with iMarketsLive by promoting their products to other people and earn commission from every sales made.
How much does iMarketsLive cost?
There are two ways you can sign up to iMarketsLive:
- As an IBO
- As a customer
The IBO option is very straight-forward, as there is only one option for it:
Signing up as an IBO will allow you to promote iMarketsLive and earn commission from it.
The IBO plan shows that "Access to Training and Tools" are included but does not specify which tools.
Here are the prices for the iMarketsLive customer program:
What products and services do they provide?
Here are the services and products provided by iMarketsLive:
- IML Academy - This is a course that contains 100+ videos on Forex and Cryptocurrency market education. It contains beginner, intermediate and advanced modules that are broken down into step-by-step training.
- IML TV - These are live training sessions, currently available in 8 languages. IML TV provides nearly 1000 hours of live education and analysis.
- Harmonic Scanner - This helps users identify patterns in the FOREX markets and therefore find the best trading opportunities.
- Web Analyzer - Scans the market for potential Forex and Cryptocurrency.
- Swipe Trades - This is a mobile app that helps users receive important Forex trade info and ideas.
- Swipe Coin - Similar to Swipe Trades but for Cryptocurrency!
- Swing Trades and Night Owl Sessions - Receive Forex and Cryptocurrency education from CEO Christopher Terry.
iMarketsLive compensation plan
The compensation plan is not very straightforward but it is very well explained in the video below:
Can you make money with iMarketslive?
As far as I can see, the best and least risky way to make money with iMarketslive is by promoting it to other people.
You will get paid for every person that joins the program via your referral link.
However, this kind of way of making money (Affiliate Marketing) requires knowledge as well as the right techniques.
Anybody can learn Affiliate Marketing, as long as you go with the right training.
I thoroughly recommend you check out Wealthy Affiliate for that.
Is iMarketsLive (IML) worth it?
I could not find many reviews online, other than individual blogs reviews.
However, here is a screenshot taken from TrustPilot:
Many people complain that those who invest in iMarketsLive actually make money by getting others to sign up, rather than making money with Forex and Cryptocurrency trading.
I personally think that one should not have to risk $200/month in order for them to start making money online.
There are ways one can start an online business for free or at a lower cost.
Forex and Cryptocurrency can be very lucrative but you can also risk losing lots of money!
iMarketsLive presents Forex trading and Cryptocurrency as something that anybody can do, when it is actually not that simple!
Is there a better way to make money online?
There are many ways to make money online, but my favourite one is Affiliate Marketing.
This is when you promote someone else's product using a special link and every sale made will generate you a commission.
Commissions vary, depending on the product you are promoting and some programs can even make you earn thousands in one sale!
How can one start Affiliate Marketing and how much does it cost?
Well, the first thing you should do is to decide on a niche. You do not want to concentrate on too many topics at the same time.
Say you decide to go with "Pets", then all you would do in order to find pets related affiliate programs is type in Google something like "pets + affiliate".
You would then join the programs you are interested in (it is usually free) and start promoting these products, either without a website, for example via YouTube or by building a FREE website at Wealthy Affiliate.
This is a great way to make money with no risk nor upfront investment!
I hope you enjoyed reading through this article "Is iMarketsLive worth it? 🙂
Are you going to try iMarketsLive anyway? If so, let me know about your experience in the comments section below!