You're wondering how to get into FOREX Trading but need some sort of guidance. Well based on the workings of iMarketsLive (IML), there platform/software facilitates trading as well as an educational platform to help members understand FOREX trading. IML is supposed to help new comers learn directly from experts with years of experience by having customers follow their every move. The two joining options are as an Independent Business Owner (IBO) or customer.
As an IBO, commission can be earned by recruiting others. Hence, if any of your friends and family are IML members you will see posts like Platinum 150, Platinum 600, Platinum 1000 etc, because they leveled up in recruitment not trading. You become an IBO at a cost of $15USD, which recurs every month and in order to access the Compensation Plan, you pretty much must be an IBO. On the other hand, as a customer you just purchase a Platinum Package at a price of $195USD with a renewal price of $145USD per month which gives the customer access to IML products. Customers who REFER TWO other Retail customers to the Platinum Packages gets their Platinum Package free. So, I guess no more monthly payments.
Each platinum level specification for an IBO:
- Platinum 150 at 3 active members monthly compensation $150USD
- Platinum 600 at 12 active members monthly compensation $600USD
- Platinum 1000 at 30 active members monthly compensation $1000USD
- Platinum 2000 at 75 active members monthly compensation $2000USD
and it just keeps adding until you reach to the highest level. Of course you have to ensure that your members remain active in order to keep earning. IML also claims that they pay these monthly totals on a weekly basis. Also, at the Platinum 2000 level, if the IBO maintains the level for 3 consecutive months, he/she receives a $500USD Bonus.
I hope that by now you understand that IML is a software for FOREX trading and education.
To conclude, looking in from the outside it seems legit and a great investment once you're up to do the work. Will it be the road to financial freedom? Well, that is up to you.
Please do your own research into IML before investing as I am not a financial expert.
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