Christopher Terry launched iMarketsLive back in 2013.
BehindMLM
reviewed iMarketsLive
in August the same year. Our analysis revealed iMarketsLive bundled a securities offering with pyramid recruitment.
Four years later we
revisited iMarketsLive
. This was roughly about a year after Terry told new recruit Alex Morton ‘
he had been through hell and back and his company at the time was barely surviving’.
While a retail option had been introdcuced, iMarketsLive’s securities offering, now with an auto trader, was just as illegal as ever.
Our review was published in September 2017. In March 2018 iMarketsLive discontinued auto-trading.
By this time two fraud related regulatory warnings had been issued in
Colombia
,
Curaçao and Sint Maarten
.
The UK
warned of iMarketsLive “scammers”
in July 2018.
Two months later we learned the CFTC had also been investigating iMarketsLive, which likely prompted the company to drop its auto-trading service.
Of their investigation findings the CFTC stated;
iMarketsLive affiliates were receiving automated returns from an entity run by individuals who were not registered and thus authorized provide such a service.
Rather than defend the CFTC’s claims iMarketsLive
settled
. The settlement imposed a $150,000 fine and acknowledgement that the CFTC’s findings were “true and correct”.
Things were relatively quiet over at iMarketsLive for the rest of 2018 and for most of 2019. Then, out of the blue, in September 2019 Terry announced iMarketsLive was rebranding as IM Mastery Academy.
Whereas iMarketsLive was very much a Christopher Terry affair, IM Mastery Academy sees Isis De La Torre credited as co-founder.
Torre was also credited as a co-founder of iMarketsLive, in addition to being both companies’ CFO, but like I said, iMarketsLive was very much the Christopher Terry show.
In any event, today we revisit iMarketsLive for a third time as the newly relaunched IM Mastery Academy.
Read on for a full review of IM Mastery Academy’s MLM opportunity.
IM Mastery Academy’s Products
Forex and cryptocurrency themed products featured on IM Mastery Academy’s website include:
Harmonics – “patterns in the forex markets help you identify potential reversals in the market” (also offered in a cryptocurrency variant)
Delorean – “an algorithm that gets you in the right place at the right time with hundreds of market opportunities”
Steady – “this algorithm looks for long term, swing trade ideas that you’ll be able to set and forget”
Vibrata – “provides multiple strategies that look for trade ideas for you – no analysis needed on your end, ever”
Levels – “an algorithm that identifies entry points, stop loss and take profits one level at a time in the markets”
GoldCup – “a combination of strategies that correlate with one another and look for high probability trade ideas”
BounceBack – “this tool searches for and identifies the best entry points for you to get into the markets”
SwipeTrades – “access real time forex trade
🤖 Quick Answer
What is IM Mastery Academy and its connection to iMarketsLive?IM Mastery Academy represents a rebranding of iMarketsLive, originally launched by Christopher Terry in 2013. The platform combined forex trading with multi-level marketing recruitment structures, raising regulatory concerns worldwide.
What regulatory issues plagued iMarketsLive?
iMarketsLive faced multiple regulatory actions across jurisdictions. Authorities in Colombia, Curaçao, and Sint Maarten issued fraud-related warnings. The UK warned of "scammers" associated with the platform, while its securities offering bundled with pyramid recruitment triggered enforcement actions.
When did iMarketsLive discontinue auto-trading functionality?
iMarketsLive discontinued its auto-trading feature in March 2018, approximately five months after BehindMLM's September 2017 review documented the illegality of
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