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IM Mastery Academy Review – Scam? Compensation Plan Breakdown

If you are looking for a detailed IM Mastery Academy review, then you are in the right place.

If you haven’t heard the news yet, IM Mastery Academy is a rebranding of the company formerly called iMarketsLive which I covered before and it’s basically the same company but with a few changes that I will cover below.

I am going to take the time to research and review the information about the company, the products, and the compensation plan.

IM Mastery Academy Review

I am then going to give my final thoughts on whether or not it is a scam and worth it and my final recommendation in the last section.

Let’s see what changes have been made.

With that said, let’s dig in and see what we can learn about it.

What Is IM Mastery Academy?

What Is IM Mastery Academy

IM Mastery Academy is an MLM company that can offer you the ability to earn money by recruiting other affiliate members through your affiliate link and building a team.

The membership model is based on subscriptions, so you will be able to earn a residual income with your team members.

The company offers trading education on the subject of Forex and Cryptocurrency so the niche I would consider this company to be in would be the Crypto and Forex Trading niche.

Company Overview

One of the things that I like to see on the company website is who the owner is.

This gives me the ability to take a moment to research the background and experience that the owner has.

I don’t know about you, but I wouldn’t want to join someone that is a known scammer and that is why we take our time to research before we join any opportunity.

The founder of IM Mastery Academy is Christopher Terry.

Before Terry got involved with making money from home, he was in the construction business.

During that time he was in construction he got into Forex to try to make more money from home.

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He started doing very well with Forex and after just 3 years, left the construction business to go full-time as a Forex trader.

He became very good at trading that gave him the comfortability to start speaking at conferences for private groups in 2001 that were interested in trading.

In 2013, Christopher founded iMarketsLive which was an MLM company that offered training and signals with trading Forex and Cryptocurrency.

The iMarketsLive company started to get into some legal issues with the CFTC due to their trading bot.

The biggest change that Christopher made was to get rid of the trading bot when they rebranded the company over to the new name IM Mastery Academy which was one of the only options they had if they wanted to continue to do business.

However, this was one of the biggest appeals that the company had (in my opinion), so let’s see how the company will continue to grow moving forward.

With that said, let’s see what product or services they have to offer.

Another great review: Newbies On Fire Review – Scam Or Is It Worth Your Money? Compensation Plan Details

What Products Does IM Mastery Academy Offer?

IM Mastery Academy Crypto and Forex Training Products

IM Mastery Academy offers most of the tools and all of the training that iMarketsLive had but along with the new branding, it looks like they added a few more tools.

The focus on the companies products is all about Forex and Cryptocurrency Trading and how to make money in that market.

Products/Tools

  • Delorean – My understanding of how this tool works is it analyzes the trading market to help you make better choices. The cost of this tool is $21.95.
  • Steady – My understanding of how this tool works is it analyzes the trading market and looks for long-term, and swing trade opportunities to go after that you don’t have to touch. This is like the Delorean, but it looks at the long-term opportunities rather than the short-term opportunities. The cost for this tool is $21.95.
  • Vibrata – To my understanding, this tool analyzes several opportunities that are grouped together to help you make the right trading choices. The cost for this tool is $9.95.
  • Levels – This tool is the stop-loss detector to help you identify entry and exit points to help you profit in the trading market. The cost for this tool is $21.95.
  • Goldcup –  Another tool that you can use to look for the “higher-profit” trades but of course with what I know about trading, this route is riskier. This tool costs $21.95.
  • Bounceback –  This is another tool that analyzes the trading market to help you make the right entry point. This tool has a price point of $21.95.
  • Pivots – This tool analyzes the trading market to help identify “key reversal zones on many time frames. The cost for this tool is $21.95.
  • Liberty – This tool focuses on finding high pace trade ideas for Binary Options. The cost for this tool is $21.95.

The tools that are listed above are “add-on” products which mean they will have an extra price if you choose to use them.

IM Mastery Academy Forex and Crypto Trading Tools

Retail Customer Options

IM Mastery Academy offers retail options for customers only.

There are 7 retail options that the company offers.

Each will come with its own features and tools, the higher the plan costs, the more tools, and training will be included.

Here is a breakdown of the 7 retail options with included pricing:

  • 3 Month Prime Package Plan – The cost for this package costs $825 in Bitcoin every 3 months.
  • 6 Month Prime Package Plan – The cost for this package costs $1600 in Bitcoin every six months.
  • 12 Month Prime 12 Package Plan – The cost for this package costs $3150 in Bitcoin every 12 months.
  • Elite Starter Package Pack – The cost for this package is a one-time cost of $325 and then $274.95 per month.
  • Platinum Starter Package Pack – The cost for this package is a one-time cost of $199.95 then $164.95 per month.
  • HFFX Package Monthly – The cost for this package is a one-time cost of $189.95 then $179.95 per month.
  • Digital Currency Package Monthly – The cost for this package is a one-time cost of $189.95 then $179.95 per month.

The first 3 “Prime” options seem to be the equivalent to the value that you would get at the Elite Starter Pack option.

Also, each of the packages comes with training on how to use the tools and training on cryptocurrency and forex trading.

Crypto and Forex Training

The company offers training on the various tools and additional training about cryptocurrency and forex trading.

I believe the company still does webinars a few times per month as they did before but I can’t confirm this.

Replicated Affiliate Websites

As an affiliate member, the company offers marketing material and tools like replicated websites that you can use to sign up customers and affiliate members.

That is all of the information that I have about the products that IM Mastery Academy offers, let’s continue to the next section.

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How Does The IM Mastery Academy Compensation Plan Work?

IM Mastery Academy Compensation Plan Details

In this section of my review, I will cover the information about the compensation plan and how you can make money with IM Mastery Academy.

Along with the rebranding of the company, they have also made some compensation plan changes to stay in compliance with the MLM laws.

iMarketsLive was experiencing pressure from the government to change its business model and there have been some changes that I will cover below.

Along with the tools and training that the company offers in regard to cryptocurrency and forex trading, you can make more money by recruiting people and customers.

Getting Started

In order to start earning affiliate commissions, you will need to pay a fee.

I have the fees listed below in my “How Much Does It Cost To Start” section below.

After you get started, you will want to keep an eye on your rank and how to increase it.

Ranks and Qualifications

When you join any MLM company, you will want to pay attention to your rank and how you increase your rank with the company.

The higher the rank that you can reach will mean the more money that you can make with the company.

Here is a breakdown of each rank that IM Mastery Academy offers and the qualifications that you will need to reach them:

  • The Platinum 150 Rank – In order to qualify for this rank, you will need to generate at least 435 GV per month and maintain a downline team of at least 3 subscribers.
  • The Platinum 600 Rank – In order to qualify for this rank, you will need to generate at least 1740 GV per month and maintain a downline team of at least 12 subscribers.
  • The Platinum 1000 Rank – In order to qualify for this rank, you will need to generate at least 4350 GV per month and maintain a downline team of at least 30 subscribers.
  • The Platinum 2000 Rank – In order to qualify for this rank, you will need to generate at least 10,875 GV per month and maintain a downline team of at least 75 subscribers.
  • The Platinum 5000 Rank – In order to qualify for this rank, you will need to generate at least 32,625 GV per month and maintain a downline team of at least 225 subscribers.
  • The Chairman 10 Rank – In order to qualify for this rank, you will need to generate at least 72,500 GV per month and maintain a downline team of at least 500 subscribers.
  • The Chairman 25 Rank – In order to qualify for this rank, you will need to generate at least 181,250 GV per month and maintain a downline team of at least 1250 subscribers.
  • The Chairman 50 Rank – In order to qualify for this rank, you will need to generate at least 362,500 GV per month and maintain a downline team of at least 2500 subscribers.
  • The Chairman 100 Rank – In order to qualify for this rank, you will need to generate at least 725,000 GV per month and maintain a downline team of at least 5000 subscribers.
  • Chairman 250 Rank – In order to qualify for this rank, you will need to generate at least 2,175,000 GV per month and maintain a downline team of at least 15,000 subscribers.
  • The Chairman 500 Rank – In order to qualify for this rank, you will need to generate 3,350,000 GV per month and maintain a downline team of at least 30,000 subscribers.

According to the IM Master Academy documentation, qualifying subscribers need to have purchased the IM Mastery Academy Package and can be either retail customers or affiliate members or any percentage combination of both.

However, you can only have 40% of your qualifying volume coming from any one of your unilevel downline lines.

The acronym used above that refers to “GV” just means “Group Volume”.

Group Volume is the accumulation that is generated through all of the sales in your downline through the products that the company offers.

Fast Start Referral Commissions

IM Mastery Academy Fast Start Commissions

IM Mastery Academy offers you the ability to earn from retail sales and affiliate sales.

  • For every person that purchases the Platimum Starter Level Pack, you will earn $35 and each time they renew.
  • For every person that purchases the Elite Starter Level Pack, you will earn $50 and each time they renew.

The company also offers 2 more levels of fast start commissions that you can earn which are tracked and paid out to you using the MLM unilevel compensation plan.

For those that are not familiar with how the unilevel compensation plan works, here is a quick breakdown:

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  • Unilevel Compensation plan is level based which means that personally recruited members are how it fills up the positions.
  • For example, the first level of your unilevel compensation plan will only have your personally recruited members on it.
  • The second level will only have team members that your personally sponsored members (level 1), personally recruited on it.
  • The third level of your unilevel comp plan will only have team members that your level 2 members personally recruited on it.
  • and so on…

With that said, IM Mastery Academy offers 3 levels of residual commissions.

The first level I explained above, and level 2 and 3 I will breakdown for you here:

  • When you qualify for the Platinum 600 rank, you will be able to earn $10 on every Platinum Starter Level Pack and $12 on every Elite Starter Level Pack on level 2 of your unilevel comp plan.
  • When you qualify for the Platinum 1000 rank, you will be able to earn $5 on every Platinum Starter Level Pack and $7 on every Elite Starter Level Pack on level 3 of your unilevel comp plan.

Residual Commissions

IM Mastery Academy Residual Commissions

The residual commissions that the company offers are based on your rank and how many people you personally recruit and your qualifying volume.

Here is a quick breakdown of what you can earn residually based upon your rank.

  • When you qualify as a Platinum 150 Rank and personally refer 3 customers or affiliates, you will earn $150 per month or $37.50 per week.
  • When you qualify as a Platinum 600 Rank and personally refer 3 customers or affiliates and accumulate and maintain 12 total customers or affiliates in your downline, you will earn $600 per month or $150 per week.
  • When you qualify as a Platinum 1000 Rank and personally refer 3 customers or affiliates and accumulate and maintain 30 total customers or affiliates in your downline, you will earn $1,000 per month or $250 per week.

Compensation Plan Thoughts

I don’t think that they are done with the compensation plan changes, I do believe more changes will come in the future because the CFTC is looking at the company now.

Only time will tell…

With that said, that is all there is to how the compensation plan works and how you can make money with the IM Mastery Academy opportunity.

Let’s continue on and answer some questions.

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My IM Mastery Academy FAQ Section

In this section of my review, I will answer some of the questions that people may have when thinking about joining the IM Mastery Academy opportunity.

Is IM Mastery Academy BBB Accredited?

IM Mastery Academy Better Business Bureau

When the company was called iMarketsLive, they were listed on the BBB but did not have accreditation.

You can find that listing here.

The BBB page that they were on also had them with a rating of D which is based on customer reviews and complaints.

Now, even though the company is listed on the BBB with negative reviews, I don’t consider that a determining factor for it being a scam or legitimate.

The BBB has been known for having manipulated reviews and ratings which makes them not reliable in my opinion.

This is why I now only take the information that I find out about the company from several different sources and then take that information to make my final recommendation.

What’s The Cost To Join?

The minimum cost to join IM Mastery Academy is $16.71 to become an affiliate member.

Now, you will only get so far as a basic affiliate member in regards to how much money you can make.

There are 3 options to join the company as an affiliate member which are:

  • Affiliate Membership – This level costs $16.71 per month to join and get started.
  • Platinum Starter Level Pack – This level costs $225 to join and get started.
  • Elite Starter Level Pack – This level costs $325 to join and get started.

Is IM Mastery Academy A Scam?

Is IM Mastery Academy A Scam or Legit Opportunity

In my opinion, no, IM Mastery Academy is not a scam.

They have made several changes to abide by the rules and regulations that they were faced with.

Their old business model did have flaws, and this is why they changed the issues that they were presented with.

I think this company has a solid business model now and will be around for a while as long as the sales keep up and stable, but only time will tell.

With that said, let’s finish up.

My Final IM Mastery Academy Review and Thoughts

In the final section of my review, I am going to share my final thoughts and recommendation about the IM Mastery Academy opportunity as a whole.

I have taken the time to research and review all of the information and any changes that the company has done with the company, the products, and the compensation plan.

I have also shared my thoughts on why I didn’t think it is a scam and gave my reasons why.

At this point, you should have a clear idea about what IM Mastery Academy is, how it works, what they offer, and how you can make money with it.

What are your thoughts about it up to this point?

Leave your comments below.

But here is the question…

Do I Recommend Joining IM Mastery Academy?

Well, as of right now, you have all of the information that you need in order to make an educated decision on whether or not this opportunity is right for you or not.

If you are asking if it is an opportunity that I would join, I would say no due to the fact that it’s not for me.

With that said, I hope you enjoyed my IM Mastery Academy review.

If you found my review helpful, make sure to click on the social share buttons below to share it with others so that other people can learn more about what IM Mastery Academy is really all about.

Thank you for your support!

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7 thoughts on “IM Mastery Academy Review – Scam? Compensation Plan Breakdown”

    • Hello Uchenna, IM Mastery Academy is a solid long-term company, the alternative has virtually that same services offered along with other similarities. The difference is in the monthly price point and the compensation plan with the alternative. The alternative has a cheaper and fixed monthly cost and the alternative compensation plan is also much stronger (pays much more for the same production).

      Reply
  1. Hello Wallace.

    Thanks for the excellent review. I too think IM Mastery is solid and will be around for awhile.

    It would be interesting to see how you think IM, and others, stack up against a new kid on the block that’s making some huge waves in the MLM Crypto industry.

    Cheers and thanks again for your reviews.

    Reply
    • Competition is good no matter how you look at it because competition produces better products, better compensation plans, and better pricing.

      Reply
  2. I noticed that you left out all the videos, live classes, recorded classes, and the pip guarantees of each of the products in IMA. But, you mentioned those things in your alternative company. I was wondering why you left out all of the additional information on IMA, but included it on your alternative, which is clearly a company who is complying IMA’s model. Not a bad thing, by the way. Just duly noted.

    Reply

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