Will IM Academy Make Me Money in Minutes?
IM Academy is a multi-level marketing (MLM) scheme that targets single moms and promotes a membership system that can earn you money in minutes. But despite its seemingly lucrative compensation plan, there are warning signs of pyramiding. In a pyramid scheme, the people at the bottom do not make any money. That means that you should be careful with the IM Academy opportunity. If you’re interested in making money online, you should be very careful when joining.
IM Academy is a network marketing company
IM Academy is a MLM entity and makes its money by recruiting members. It offers trading techniques, tools, and educational value. IM Academy has been around since 2013, when it was founded by Christopher Terry and Isis De La Torre. Their intention was to provide Forex enthusiasts with a platform where they could learn how to trade. Since that time, the company has grown to approximately 225,000 members.
IM Mastery Academy is a technical trading academy with training programs and tools. However, it is a MLM and focuses on recruiting new members and commissions. It is difficult to be a successful trader using only IM Mastery Academy courses. The training material is extensive. But the MLM opportunity is more lucrative. As you become more knowledgeable about forex trading, you can use the tools provided by the program to earn a commission.
It is not a pyramid scheme
The investigation into IM Academy is focusing on fraudulent investment operations involving cryptocurrencies. It has a pyramid-like structure and is based on “signals,” which are investment orders sent from the leadership to the intermediate cadres, who then relay the orders to their victims. More than 2,000 people, mostly young people, have already been impacted by the scam. Carles Tamayo, a YouTuber from Spain, blew the whistle on the scam by publicly airing his findings.
The IM Academy is a multi-level marketing business model, which means that it pays its members to recruit new members. But unlike other pyramid schemes, the academy does offer a product or service to its members. The product itself is entirely free and does not require any investment. The only requirement is to recruit new members. There is no product or service to sell. This is the biggest difference between a pyramid scheme and a legitimate MLM.
It is not a regulated investment company
IM Academy is a program that teaches foreign exchange trading. It was founded in 2013 in New York City. Christopher Terry is the founder of the program and has experience working with various multi-level marketing companies, including Amway and Zeek Rewards. Despite these claims, the SEC has warned investors to avoid this program. The academy has reportedly removed a video referenced in this article. The company is not a regulated investment company and has not registered with any regulatory body.
IM Academy was founded in 2013 by Christopher Terry and Isis de la Torre. They aimed to create an easy-to-use, interactive online platform for Forex education. Their program aimed to teach Forex enthusiasts new to the trading industry and give them skills that they could apply in their trading. Since then, they have grown into an organization with approximately 225,000 active subscribers. They are not a regulated investment company and do not provide personalized investment advice.
It has a generous compensation plan
The IM Mastery Academy offers a generous compensation plan for their affiliates. If you join the business and successfully refer three people, you will earn a weekly commission of up to 2% of the total volume of the referral. The compensation plan is designed for the long-term building of the business. You can earn it for three consecutive months or a number of months. In a typical week, you will earn up to $240.
The IM MASTERY ACADEMY has been in the market for 6 years. Its compensation plan includes a registration fee and a monthly subscription. You must be active in the business to receive your commissions. The program also offers training in the financial market. However, if you are not interested in investing, this company does not recommend you to join. However, it does offer training courses in trading and investing.