MySafeMarket Review Is Legit Or Scam

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Mysafemarket Reviews? Is Good or Bad for you? Facts about Mysafemarket!

Hello Friends! Welcome to Review Done

You probably have entered in the right place as your destination is right here. With the help of this article we will help you to find the end and decide on your circumstances whether Mysafemarket is scam or an absolute emergence of growth.

As we all are aware of this fact that in the era of globalization everything is expanding and growing with such fast pace. This tends to corrupt the internet world. Therefore it is much better to be more aware on our part. We all appreciate your efforts for taking a step ahead towards the safety of the society.

You have reached right place where all of your queries will be resolved. In this article we will emerge all the corners relating to the end of Mysafemarket so that you can yourself decide the legitimacy of Mysafemarket .

As the moment we think of joining a new website/ app/ company hundreds of questions emerges. Dealing with basic questions is utterly important as it helps us to get closer to the enquiry. Some of the question to be self raised are Whether Mysafemarket is scam or legit? Who is operating Mysafemarket ? What is the motive of the company? What are steps to be carried in joining and more such questions.

Aforesaid it is advisable to always investigate and observe the operations before firming confirmation in being a member of company. Firstly you should be very sure about the carried operations of the company so that your personal and financial information does get misused.

If you have any doubt or query then feel free to contact us as soon as possible. We will try our best to satisfy your problem with the best available solution.

Under what category Mysafemarket falls?

The following paragraphs will clear all of your confusion as there is detailed information regarding various types of scams. The below mentioned points will help you to decide whether Mysafemarket is scam or worth the time. In case your conclusion ends at positive aspect then we recommend you to go ahead with your selected company/ website/ app, otherwise you should be satisfied as you have taken a step ahead for the safety towards your personal and financial details.

Type A: Red Flag for Shopping Websites:

Note: We are taking an Example for a website/Company which is Shopping Scam Site like

1.) Scam selling of brand products:

There are various online shopping sites which create their official websites in such a way that lures the potential customers of branded products. Such shopping website cater similar domain name as of branded products websites. The developers of these websites fool people by stealing the domain name of the branded websites. Their trick is played in such a way: a domain name may be registered with “rebookee” who is selling the products of Reebok. Now the question arises why a popular brand needs the support of another namely website to sell their products.

Such websites do not have any sort of permission granted by the official company nor are they taking any operations under any agreement. Therefore such types of shopping websites are playing fraud.

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2.) WHOIS details:

In the modern marketing customer satisfaction is given the utter priority because if the consumers will not purchase the product then what is the use of selling them.

Hence it is very important to share the informative details of owner, company, startup, motives and much more which will create a sense of communication between the developers of the company and the members.

There are various sites which tend to hide their owner information in the WHOIS records. Such many sites are considered to be scam and fraud. As it is very common with each and every well known website to share every possible pinch of details about the company with their members but where some companies hide details tend to play fraud.

Secondly when no contact info or office address is mentioned the company cannot be blamed for undelivered or delivery of wrong products. At the end members are left with a option to interact with the company through the email address provided.

Sharing details create trust within both the parties and a sense of loyalty. Sites which hide their owner and other details in WHOIS records are frequently counted as scams.

3.) Discount trap:

Not a single individual can neglect that all human beings love to shop especially if the products are on discount. Thus, this trick played by the developers of the sites results in wonders.

Thus glimpsing discounts seize the sense of understanding among the humans especially women. Therefore they shop from the sites without going through a background check. This is the reason scammers trap customers through their strategy.

Scam shopping websites provide huge discounts that to 24*7. Hence we all are aware of this fact that no company which legit provide heavy discounts. There are many people who shop from such sites without investigating about the background about the company.

4.) Less safety:

The moment we think of joining a company or doing shopping from it we need to provide our personal and financial details to it. Therefore it is the prior duty of the developers to secure the shared details with every possible aspect.

The developers of the fraudulent sites use such information for fulfilling their personal motives. At times the financial information is misused without notifying about it.

For leading in the field of legitimacy xyz must have had security measures in order to secure and protect their details from the scam sites.

5.) Chances of theft:

Aforesaid scam sites do not provide any security measures to their customers. Therefore the chances of stealing and misuse of the provided data is high.

The third party companies steal the information of the customer’s especially financial details for misusing it for their own benefit. Such stealing may result in cyber attacks by the hackers.

Because of this reason we advise our readers to acknowledge about the company before rendering any such details. Sharing details with the unknown websites increase the chances of cyber attacks. Hence it becomes utterly important to have correct details of the owner.

6.) Unoriginal contents:

Various scam sites flourish the website with copied contents and similar images. Even the most important section i.e. “About Us” is also copied.

A legit site does not require copying as they are self sufficient in providing correct details. Thus, they do not need copying the content from other websites. On the other hand scam sites use the content and images of other trustworthy websites.

After investigating the website xyz we found that the content on the homepage is copied plus the images reflecting the operations of xyz are also stolen.

7.) Payment Gateway:

The icons of payment presented on the official website are clickable and have validity certificate with them. The payment gateway on xyz is also not clickable plus these sites do not have any authority to use such gateways that is the reason that payment gateways are not clickable.

In order to provide genuine payment gateways the developers of the company have to submit required money and details. Therefore scam sites neither have much money nor they wish to share their details.

The xyz site has rendered images of the payment gateway and not the clickable icons. This indicates that xyz has no link with the mentioned payment gateways on their site.

8.) Shabby website Designing:

In today’s era social media has become an utterly important part of life. Each and everyone are busy with their social media account. Therefore not having a website social media account is very strange. One of the reason which can be assumed is that the developers does not want to promote their products and services because quite possible that the content and the images of xyz is copied.

The website xyz does not have any social media account which creates doubt in minds. This portrays that xyz does not want to promote their products and services. As we all are aware of this fact that marketing is an essential element for a company. Therefore how could xyz can sell their products and services without advertising them?

9.) Vanished About Us Section:

For being in the business industry one must think of long term goals which can be done by various factors. One such factor is About Us section which is the most important element of official website.

After an intense observation it was found that xyz About Us has copied content which directly means that there is no “About Us” section of xyz of itself.

Type B: Passive Income Websites/ Applications:

Note: We are taking an example of a website which is make money online scam site like

1.) Luring Sign up Bonus:

There are various online companies which allows their members to earn easy earning while doing simple and lame tasks. In addition to this the most common feature which is noticed is sign up bonus. Through this companies attract people from every walk of life.

The xyz is paying $25 only for signing up which is absolutely a trap laid by the developers. These companies only tend to credit the amount in the member’s account but never pay them.

2.) Lacking Information:

In order to make more people trust the company it is important to share the details of the owner and the company. As a result trust and expansion towards company increases.

Being an ignorant pageant we tend to neglect the background check which becomes a plus point for the company. Those sites which are involved in money dealings required the sharing of information.

Sites like xyz will stop operating after some period of time once their work is executed.

3.) No legit earnings:

The xyz is not providing their members earnings for doing some legit work. The company is only providing their earnings through referral program.

Referral program is provided by trustworthy sites such as Amazon which renders credits or free shipping whenever your referral uses Amazon.

Sites like Amazon provides referral program in order to promote their website and publicize their products and services.

The only difference to be observed between genuine and scam referrals is that genuine websites have some sort of business to promote whereas the scam site has only one business i.e. referral program.

4.) Prone to cyber attack:

Many websites are developed for the purpose of pooling the information from the people to use it for their own benefit. Such sites are prone to cyber attack.

The sites sell the gathered information with the third parties. Therefore it is always advised to investigate about the company before submitting personal and financial details.

5.) Ugly Reviews:

Thinking for a single moment that xyz pays n real for all of your effort is sheer waste. Definitely the claims of the company are really big and promising but in real they never come true.

If it would be that much easy to earn money as claimed by xyz, then majority of the people in a city would be sitting in home and working with xyz to earn passive income.

It is very observant that any site which is claiming to fetch 99% of occasions to make its members earn it definitely runs into scam.

6.) Scam Testimonials:

The testimonials provided on xyz are absolutely fraud and scam as one can easily guess it by reading the gesture of the speakers. The person in the testimonials speaks in such a way which clearly reflects that they are reading the spoken words from a piece of paper.

One can easily judge the authenticity of the company by glimpsing the fake testimonials placed. By searching on Google it can observed that the testimonials on xyz are absolutely fake.

7.) No social media account:

Today’s world is full of social media accounts. Therefore it becomes very much important for the companies in this era to have accounts on social media in order to promote their products and services.

Hence, if you will click on the social media icons on xyz it will take you some other social media where with every inch of imagination no information relating to xyz is found.

8.) Similar contents:

There are various companies who wish not to invest much time in preparing the details and completing the formalities required to expose their company in internet world.

Hence, they tend to copy the contents from the other websites which is totally wrong as they are keeping their members in dark. Same is the case with xyz because the “Terms of Service” section is completely similar to Notioncash.

9.) Simple tasks:

Everyone is aware of the fact that each and every person operates business to earn profit. These days the online companies promise to pay passive income by doing simple tasks such as watching ads, reading news, referral program and much more.

Therefore how could it even be possible to earn easy money just by watching videos or reading news? These are the tricks used by the scammers to dupe the intentions of innocent people.

This tricks and strategies are played by many developers of such scam sites as of xyz. Hence be sure prior jumping in any sort of business and decide after giving a background check.

10.) Unbelievable amount is offered:

As each and everyone is curious to earn money while working with ease. Therefore many websites offer lucrative amounts to attract more and more members. This way the trick played by the scammers becomes useful and hence they are able to lure people.

Type C: Online Investments:

Note: We are taking an example of a website/Comapny which is online investment (Ponzi, pyramid) Scam Site like

1.) Misleading Information:

Aforesaid many online websites does not provide any information regarding their owner nor about the company. Therefore this strategy is mostly neglected by the developers of investments websites and applications.

Though investment websites provide information but the information are all false. Therefore the case with xyz is not exceptional. The website xyz has provided false contents and images which are presented on their official website.

The team members on xyz are also the team members of another site over the internet. All of the content and images are absolutely copied.

2.) Phony Plans:

Being an investment company the plans should be prepared in that manner. Therefore the plans laid by the xyz have no connection with reality. The plans are unscrupulous.

It is not authentic for an investment company to copy the plans of other companies. The website xyz is not offering as such legit work the only task for the members to do is referral program. The ratio of scam sites offering referral program as their major task is high.

3.) Away from social media:

To become the voice of millions of people it is important for each and every investment website to have a social media account. The social media is used to spread the required awareness to the people all over the world.

Being not on social media is not claiming the authenticity of the company but definitely it shows the sincerity of the company towards their work. Even providing a social media platform to the members increase the chance of the company to get claimed. Therefore if there is no contact info nor there is any sources to contact then how will the members of xyz will claim the company.

4.) No transparency:

Sharing information with the present and potential members helps them to trust the company to its fullest. On the other hand xyz is even informing the people about the owner or the developer of the company. Plus the owner details are also not transparent in WHOIS records.

The question raises that if xyz is claiming itself to be genuine then why it is hiding their details. Each and every person who wishes to work with xyz has every single right to known the owner and its contact information so that in an event of mishappening he can be contacted.

The reason behind hiding details is that the company is not licensed. Hence it does not want to get claimed for running the business without authorization.

6.) Attracting people:

The main task of investment company xyz is to lure people towards their work operation so that more and more people register themselves as the member of xyz.

Obtaining knowledge from any person who invests money this can be learned that investing in stock is definitely not an easy task. Therefore how can xyz claim to pay such high amount? To gain the attention of the people xyz is also providing $25 as sign up bonus.

7.) No detailed registration:

Xyz is an investment site which deals in money. Therefore it is obvious that xyz will take all the measures to protect the company from all sort of scam. As dealing with money the company xyz must confirm all the details i.e. personal and financial information.

Hence in the case of xyz the company has similar registration process as noticed in scam sites. In simpler words the company is registering members without checking their email address or background.

As we all known that xyz is dealing in investment area hence it is a duty of the company to recheck the details of its members to protect the site from every area.

7.) Stealing data:

Aforesaid points prove the fraudulent nature of xyz. Therefore the question arises from where these scam companies accumulates money. There are subtle ways for the scam sites to earn.

Whenever we register ourselves as the member of xyz we render all our information either personal or financial. These scam companies accumulate all the data of their members and sell to the third party whose main motive is to benefit them at any cost.

The members of third party specifically use financial details in order to withdraw the money in the bank accounts without any notification.

8.) Reviews:

While scrolling Google we could find the reviews of the members about xyz. The members are annoyed as their raised problems were taken into consideration and were not solved.

End Note:

After reading and digesting all the above points we wish to convey our readers that never opt for easy money ways as it can be dangerous.

Always be aware before taking falling into the trap laid down by the scammers. Prior becoming member of any online company always go through a background check.

Now you are able to decide that is Mysafemarket good or bad for you? After reading this article, if you think that Mysafemarket is good for you then go ahead neither stop your time to waste on it.

If you have any other questions related Mysafemarket then please ask with us in our comment box. We will be happy to answer you.

Amadeus Bank Review: Scam or Legit Investment?

Looking to join and make money with Amadeus Bank?

That’s the plan and also why I have put together this review.

With the many make money from home programs out there, what makes this one any different and/or better?

Better yet, is this just a scam that won’t even work?

There are quite a number of questions with not many answers and that’s because of its members that are promoting this like crazy.

Without being for or against this site, I want to give you an unbiased review from someone who is not trying to make a commission form you.

Some of you may or may not agree with what I have to say but I’m sure you will gain some knowledge about the industry that Amadeus Bank resides in.

So before you go joining, let me show you what everything is really about.

Table of Contents

Amadeus Bank Review

Name: Amadeus Bank

Owner: Unknown

Type of Business: HYIP

Price: $25 (minimum)

Overall Rating: 1/5 stars

I am neither for or against Amadeus Bank but to sum things up, they are not a bank. They are a member driven program that pays its members through the investment of others. For a more reliable investment, you can always checkout one of my top recommendations instead.

What is Amadeus Bank?

There is a lot of misunderstandings with this site as it isn’t what they are acting to be.

Amadeus Bank is not an actual “bank” but rather a high yield investment program (HYIP) that allows its members to make money by investing money.

There is no savings account or any type of banking activity because like I said, this is not a bank.

Amadeus Bank is nothing more than a network marketing and revenue sharing project that has members invest and earn money through the investments of others.

It’s not complicated and you will see that here soon in this review.

But first, let me show you how these types of sites started and how Amadeus Bank came to be.

Revshare History

HYIPS have been around for a very long time and they have evolved into the ones we have today.

Back when revshares first started and got a bit out of control, they came across as an advertising platform.

That eventually tanked once the big names like Traffic Monsoon and My Advertising Pays collapsed, leaving its owners to doing some jail time.

Then Crypto Currency came around and HYIPS dove into this market with the idea that there was some mining going on.

That didn’t last very long and it has now come to trading sites like FX Trading Corp and banking like Amadeus is using.

At the end of the day, they are all the same and utilize the same strategies and tactics.

Amadeus is no different and I want to show you why.

For an explanation on the basics, you can always checkout the video below as well.

How Amadeus Bank Works

The name Amadeus Bank actually irritates the crap out of me.

Don’t call yourself a bank when you know you’re not even a bank.

That’s the kind of stuff that is ONLY possible if you are operating outside of the United States.

Trying pulling a stunt like that in the US and you’ll be handled accordingly.

Amadeus Bank is a revshare that utilizes the funds of newer members to pay existing members.

They pay certain percentages that is calculated through a specific software designed for sites like this.

Put your money in and it will get distributed according to what you have invested.

Once people stop joining, your earnings will start to slow down before it eventually stops .

Then come the excuses and the overall disappearance of Amadeus Bank.

They might be paying now but do not count on it to pay you forever.

So to answer the question of “can you really make money with Amadeus Bank?”, the answer is yes.

As long as people keep joining, they will be able to pay.

Once people stop joining, that’s when the pay will stop paying as well.

The Price

To signup with Amadeus Bank it isn’t going to cost you anything.

In order to make money though, it’s going to require one of two things or both.

You either need to fork out some cash and pay the minimum deposit of $25 or you can recruit others.

From there you can buy packs and start earning some money that way.

If you plan to recruit, you can make some money and then invest that way.

Of course its members do both and that is exactly why you were presented with Amadeus Bank in the first place.

You are able to withdraw your earnings within a 48 hour time frame and the amount depends on the type of currency you use.

You can also see how much you will make if you were to introduce Amadeus Bank to others if you haven’t already seen it on their homepage.

The Reviews

When I was presented with Amadeus Bank, the person told me that this was the best money making opportunity on the net today.

They challenged me to Google “Amadeus Bank reviews” so I can see just how great the company really is.

It’s not that I didn’t believe him but I just had to see what he was talking about.

So yes, I Googled it and what did I see?

4 freakin stars!

Wow, this must really be a great company and possibly even a real bank.

That’s what I thought until I clicked on the site that gave them their awesome ratings.

This site was Trust Pilot, which is a site that gets reviews from real people.

Not to say that the ratings mean much but that’s what that site provides.

Now there’s just ONE problem I had when I got onto Trust Pilot.

There was only ONE person who left a review for Amadeus Bank.

How in the world can you get any real statistics from that?

This was probably the owner or maybe even one of its members that know nothing about the program.

Regardless, that does not mean anything when it comes to reviews.

This review is all you need and I’m sure you’ll thank me later.

Unless of course you’re a member that is hoping that this allow you to fire your boss so you can work from home full-time.

Before You Join

Now before you join Amadeus Bank, I want to let you in on some insights before you invest a single penny.

I have been apart of HYIPS since they first started, so you can bet that I know a lot more than most of its members.

I have made lots of money from them and I have also lost some as well.

The thing about these types of sites is that I know EVERYTHING about them and how they work.

I can tell you if one is legit or if it is just going to take your money.

But there are several things that you must know before you join or you might just be kicking yourself in the butt later.

1. There Are No Refunds

I see it time and time again.

People put in money and then want to get it back right away.

Remember that this whole system is ran through a software, so once the money goes in, there is no turning back.

I don’t care what kind of excuses you have, there is no one that will give you your money back.

Do not use your grocery money and do not borrow any money either.

Join if you have some money you can accept losing but that’s about it.

2. They’re Unpredictable

I don’t care if people show you screenshots of their earnings.

It is very much possible that they did make that money but that does not mean anything.

Amadeus Bank can stop paying as we speak and they can stop paying a couple of months down the road.

No one can tell when this will happen but do expect it to happen regardless of if you are making money or not.

Just because you put in money does not mean you will make money either.

It will take a while before you see your capital back and with the quick payment claims, I’m sure this will go down a lot faster than you think.

3. This Will Not Last

So many join revshares and think that they are going to last forever.

Heck, some even quit their jobs and think that they are going to do this full-time.

It’s really only a matter of time before things crumble, so do what you can and enjoy it while it lasts.

Within a couple of months, I see this folding and leaving many members in the red.

Should You Join?

I personally don’t think you should.

There are hundreds of revshares being created and 99% of them crash within a couple of months.

Some will last a little longer than others but even they too will come crashing down.

If you’re into revshares, you might want to go with something like Mirror Trading International as they have a much more stable pay structure.

They also have some credibility and might even be doing some real trading.

However, the choice is really on you.

If you feel that Amadeus Bank is right for you, then go for it.

If it sinks tomorrow, you have no one to blame but yourself.

Final Verdict

Join at your own risk.

I have laid everything out to show you how everything works so you should know better.

Amadeus Bank and every other revshare out there are very risky businesses and should only be considered if you have the means to do so.

If you are wondering if this is a scam, use good judgment and make that decision yourself.

I do hope that this Amadeus Bank review has been of great help for you though as I know how complicated things can be when you’re new.

Don’t forget that there are always sites like Wealthy Affiliate if you are more conservative and into long term money.

Besides that, thanks for reading and do think about things before you make any crazy decisions.

About John

I hope you enjoyed that post. I’m John and I am the owner of this site. I like to think I’m a normal dude just like everyone else but that wouldn’t make me unique. I do have 4 kids and I have gone through the hardest of times, most especially financially. With some learning and growing, I have managed to get back on my feet and live the laptop lifestyle most people only dream of. With that knowledge, I hope to align you with a real and legit way to make money online.

iMarketsLive MLM Review (2020): Scam, Wolf, or King of Wall Street?

Table of Contents

It’s All About The Benjamins

So you wanna get rich from Forex trading, huh?

I know the feeling.

But you might wanna think twice about joining iMarketsLive.

Like it or not, most MLMs like iMarketsLive are dressed up sales jobs.

Whether it’s selling “the dream” to your friends and family to convince ’em to sign up for your new Forex trading program…

Or just buying and selling currencies in the Forex market yourself.

Either way, you better enjoy hustlin’ and grindin’ if you’re gonna make it in this game.

Let me break it down for you:

iMarketsLive – short for International Markets Live – is a unique multi-level marketing company that’s all about Forex trading.

That’s short for foreign exchange trading, also known as currency trading.

It’s just like the stock market but instead of buying and selling shares of companies, you buy and sell currencies like the U.S. and Canadian dollar.

And unlike a regular 9-to-5 job, skilled currency traders can make (or lose) serious bank.

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In fact, the Forex market is the largest financial market on the planet — doing 5 TRILLION (with a “t”) a day in trade volume.

That’s over 200 times larger than the New York Stock Exchange!

Now you can see why there’s an absolute sh*tload of Benjamins to be made in Forex.

And iMarketsLive is doing exactly that:

By 2020, they were pulling in over $6 million per month.

They’ve also experienced a tremendous amount of growth and momentum in 2020 and 2020.

But there’s a fair amount of controversy surrounding this network marketing phenom.

If you’ve noticed that too, you’re probably interested in a lil’ more info about ’em, right?

You’ve come to the right place, brotato chip.

iMarketsLive Company Overview

First things first:

iMarketsLive is a Forex trading MLM that offers various trading educational products and services to a global audience.

They currently appear in over 120 countries and have training available in 8 major languages.

As you’d expect, their headquarters is located in the center of the financial universe:

New York City, New York.

They also have a staff of over 60 educators who have a single job: Teach peeps like you and me about the joys of Forex and cryptocurrency trading.

Oh, did I not mention they do cryptocurrency markets like Bitcoin as well?

The company’s vision, according to their website, is to “Educate, Enrich, and Empower One Million Students by 2020.”

Admittedly, also according to their website:

Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing financial security or life style.

To be fair, that could be said about any investment opportunity (e.g. financial services from Primerica, binary options, etc), but Forex trading is notoriously difficult — I know from personal experience.

Risks aside for now, let’s talk about how iMarketsLive came into being in the first place.

When Was iMarketsLive Founded?

What’s the real story behind iMarketsLive?

Well, for starters:

International Markets Live, Inc. was founded back in 2020 by CEO Christopher Terry.

But you know what’s weird?

iMarketsLive’s corporate website is surprisingly thin when it comes to offering information.

Most companies, even most MLM companies, have at least a little history of the company along with a small biography of the founder/CEO. has no such information on their site and seems to prefer to remain as mysterious as possible.

But I did manage to find this page, which appears to be an older bio of the company’s founder Chris Terry.

Here’s an excerpt:

Mr. Christopher Terry began this journey in construction, both as a worker and eventually as an owner, for nearly 12 years. In 1995, he discovered commodities trading and began to immerse himself in the markets.

In just 3 years, he was confident enough to walk away from his Construction Business, which had generated sales in excess of $40 million that same year, in order to become a full time trader.

Over the years he applied and effectively utilized this winning strategy of gaining the necessary learning and experience through the proper Mentors and then imitating the strategies of successful people.

While doing so he realized the same process of following success step by step, could bring average people everywhere to the same level of success that he himself had achieved.

Mr. Terry began to realize that at this point in his life it was his calling to help change people’s lives on a massive Global scale through a marriage of Network Marketing with Professional Trading.

This is why, in August 2020, Mr. Terry made the decision it was time to act on this Philosophy, and International Markets Live, Inc. was born.

One thing that’s missing from that bio of Chris Terry is his long history with MLMs and network marketing.

Terry came up in Amway, and although by his own admission he didn’t actually make any money, he said it gave him a “mindset of wealth”.

In other words, he probably realized the folks who made the most money in an MLM were the ones at the top and who recruited the largest downlines.

This also might explain why Chris Terry was reportedly a big promoter of Zeek Rewards*, which got busted by the SEC in 2020 for being a ponzi scheme.

(*In this interview with Denise Martino, Terry refers to Denise as his “downline member” and she clearly appears to be in Zeek at the time.)

Despite these failed business attempts, Chris Terry persisted and while the idea of iMarketsLive was spawned in 2020, it officially launched in 2020.

The new Forex trading MLM grew quickly and by 2020, iMarketsLive reached 55,000 members.

Unfortunately, that same year brokers began locking the accounts of many iMarketsLive customers for using an unregulated “expert advisor”.

Here’s what happened:

iMarketsLive had a special little automated trading program called “FX Signals Live”.

The program automatically mirrored the trades of Chris Terry himself, so members could essentially play the Forex market without actually understanding it.

However, one of the main reasons there are regulations in the investment world is to prevent exactly that.

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And when legitimate brokers like FXCM decided they wouldn’t allow it anymore, FX Signals Live was discontinued in 2020.

As a replacement, iMarketsLive released their new online “Harmonic Scanner” designed to help follow market trends.

It’s a little technical but here’s a basic video that explains what it does:

It’s basically an online tool that scans the market in real-time and gives you alerts for different price patterns and trading opportunities.

But now you actually have to know what’s going on and make the trades yourself.

What Are iMarketsLive Products?

iMarketsLive sells you on the ability to become a successful currency trader.

Sure, you could try to learn it all by yourself.

After all, how hard could it be to click a few buttons and place a few trades?

Buy low, sell high.

Easy peasy, right?

Well, despite what you may have heard, day trading is MUCH harder than it sounds.

That’s why iMarketsLive offers a full suite of support and trading education.

Over 100 training videos and modules offer basic and advanced strategies on both Forex trading and cryptocurrency investing.

You can also access live trading rooms and watch experienced staff members place trades and talk about the secrets of their success (in 8 different languages).

Here’s a good overview video that explains the iMarketsLive opportunity:

Obviously that’s a company sponsored video, so take it with a grain of salt (don’t drink the Kool-Aid).

But I will say that iMarketsLive seems to provide a ton of help for their members, which is always a big plus.

Even CEO Chris Terry himself gets in on the action, holding Sunday night webinars that you can sit in on.

Additionally, iMarketsLive gives you access to their proprietary financial trading software.

As mentioned earlier, their Harmonic Scanner searches the market for harmonic patterns to exploit and profit from.

Their Web Analyzer does the same with cryptocurrency, for an additional fee.

And even though their trade-mirroring service is gone, iMarketsLive still provides other ways for you to copy what their experts are doing.

Swipe Trades will alert you to “Forex trade ideas” including risk management and expert guidance for an extra $17 per month.

Swipe Coin does the same but for Crypto trade ideas and info, for an extra $100 per month fee.

While that may seem pricey, keep in mind that it allows you to get solid trade ideas sent right to your phone without having to do any of the legwork.

Because let’s be honest: If you knew what you were doing when it comes to trading, you wouldn’t be paying this company $165 a month or more for the privilege.

Long story short: The more you pay iMarketsLive, the more training and tools you get.

Speaking of which, here are your membership options if you wanna join:

iMarketsLive Membership Options

*Mobile users: scroll left/right on table if last column is not fully visible

iMarketsLive Membership Options
$189.95 $189.95 $225.00 $325.00
$179.95 $179.95 $164.95 $274.95
DC Academy HFF Academy IML Forex and Crypto Academy’s IML Forex and Crypto Academy’s
DC Scanner HFF TV IML TV (All Sessions) IML TV (All Sessions)
SwipeCoin App PipTalk Harmonic Scanner Harmonic Scanner
IMLTV Sessions High Frequency Forex Swing Trades & Night Owl Sessions Swing Trades & Night Owl Sessions
Pip Talk (Basic) Pip Talk (Basic)
Swipe Trades
Web Analyzer
Bounce Back
Gold Cup
High Frequency Forex

Hey, nobody said day trading was cheap.

To be fair, iMarketsLive does offer a 7 day, 100% money back guarantee to all of its subscribers.

If you’re dissatisfied with their service in any way, you can get a full refund of your membership fee within a week of signing up.

iMarketsLive gives their Customers a “2 & FREE” option as well — if you personally refer 2 people into buying a monthly membership, your membership is free.

So: If you can convince a couple people that Forex trading is awesome…

You don’t have to pay anything to get the iMarketsLive training and support.

Sounds good, but here’s something you should know from a guy who’s been in the trenches:

My Forex Trading Experience

The risk factor in Forex trading is something we shouldn’t just gloss over.

As mentioned in iMarketsLive’s disclaimer, you can easily lose all your invested money in addition to the monthly fees.

I should know — years ago, I was heavily into Forex trading and learned everything I could about it.

Technical analysis, risk management, chart indicators — you name it, I tried it.

And that’s not all:

I kept daily trading journals, learned how to read candlesticks, recognize trends, and was a particular fan of using 2ATR for a trailing stop loss.

Along the way, I traded almost every currency pair, chart timeframe, and read every trading strategy book I could find.

(Here’s my personal favorite, along with this one originally published in 1930.)

I should also mention that I paid a small fortune for different trading systems, tools, and “secret” strategies from so-called experts.

I’m FAR from the smartest guy in the room — but I’m not a complete Muppet either.

I wasn’t just gambling (only risked 2-3% max per trade) and I gave Forex trading everything I had for almost 3 years straight while I was still driving truck.

And even though I had periods of profitability, in the end I always lost money.

Not to mention I also got sick of the highs and lows of trading — feeling like a God one week, damn near suicidal the next.

Out of desperation, I finally resorted to following a mirror-trading service which ultimately blew up and reduced my trading account to almost nothing.

It was my own dumbass fault, but that’s when I decided to hang up my Forex trading gloves and look for something else.

Also contributing to that decision was realizing that after being on countless online trading forums — I wasn’t alone in my frustration and misery.

The only ones who seemed to be making any consistent money in Forex (besides the banks and hedge funds), were the guys selling me the tools and systems.

Just like during the gold rush back in the 1800’s, the real money wasn’t in digging for gold — it was selling the pickaxes and shovels to the desperate and hopeful.

Now obviously, there ARE successful Forex traders out there.

So just because this ex-truck driver with a GED couldn’t do it, doesn’t mean that you can’t make it work.

Like any other form of retail trading, some folks make money and some folks lose money.

All I’m saying is that Forex trading is hard as hell.

As a general rule, if you enter a gambling game against a lotta peeps who are more experienced and skilled than you are…

It’s a safe bet that the odds aren’t in your favor.

Don’t say I didn’t warn ya.

Pros: Why Join iMarketsLive?

Potential for serious income without recruitment.

Almost every MLM in existence requires you to recruit and grow a huge downline if you wanna make the big money.

The reason is simple:

Your time is limited and there’s only so many hours in a week that you can use to sell products to people you know.

Forex trading is different in the sense that you could gain (or lose) a lot of money all by yourself, without ever having to recruit anyone.

No pants required.

While most MLMs involve you dragging around a box of products to various houses, iMarketsLive is something you do from your desk or smartphone.

This is a very modern MLM and the entire thing (training + products + support) is all available online.

Never having to leave your house to run your business is a definite advantage.

For example, go try selling Amway products with no pants — I’m guessing it wouldn’t turn out so well.

Plenty of training materials.

Between all the videos, training modules, tutorials, and live help sessions, iMarketsLive probably offers more actual product support than most other MLMs.

If you’re willing to invest in your education and want a crash course in Forex trading, there’s a vast bucket of knowledge here waiting for you.

Cons: Is iMarketsLive a Scam?

First off: Solid trading advice don’t come cheap.

Around $200 up front plus $170 a month is what it’s gonna cost you for the most basic level of membership.

That’s over $2000 per year.

But if that trading advice makes you ten times that, it might be worth it.

You could lose a lot more than your monthly fees.

Yes, plenty of people lose money in MLMs (most do).

But they generally lose money from not being able to recoup their minimum purchase requirements and monthly fees.

With iMarketsLive, in addition to your membership fees, you’ll also have to risk your own trading capital to play the currency markets.

And you might lose all of that money too.

In fact, thanks to the way that leveraged trades work, you can actually lose even MORE than the full amount of your Forex trading account.

A strong fishy odor.

Can you trust iMarketsLive?

Well, sometimes the best way to predict the future is to look at the past (or just Google the present):

• iMarketsLive CEO Chris Terry has a previous connection with Zeek Rewards which the SEC had to shut down for fraud in 2020.

• The VP Alex Morton has a long history with MLM companies like Vemma Nutrition that had to settle for hundreds of millions of dollars with the FTC for being a pyramid scheme. You should check out this revealing article on Morton that shows the reality of being a professional MLMer when he was with his last company.

• iMarketsLive is banned as unauthorized in Belgium, and also received warnings from other countries like France.

• When I first published this article, iMarketsLive had an F rating (very bad) from the Better Business Bureau due to having so many complaints.

Then all of sudden they had an BBB rating of “A”, mostly thanks to a bunch of positive reviews that showed up around the same time (many on the same day).

Coincidence? Yeah, right.

As another reviewer pointed out, prob’ly because IML asked their members to spam their BBB page with positive reviews to drown out the negative ones.

Nice try fellas. Not shady at all.

Also can’t forget that iMarketsLive is an MLM which means recruiting other members is highly encouraged.

Here’s one of IML’s top earners explaining in detail how it’s done:

Ask yourself: If it was just about forex trading, why teach people how to recruit at all? Why not just trade forex and make a ton of money?

I dunno… maybe cuz:

Most retail traders lose money in the long run, so the real money is made by getting other people to join.

Is it really, though?

  • 87% of all IBOs make an average of $4.30 per month (you read that right, less than $5/mo).
  • 98% of all IBOs make less than $115 per month.
  • Only 0.3% of all IBOs earn more than $30k per year.

Not exactly what I’d call a high-probability trade.

But if that doesn’t make you puke in your mouth a lil’, this industry might be for you.

If, however, you’re looking for a more legit and reputable business model… my two cents?

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