Can You Really Master Forex Trading with IM Academy?
Forex trading is a highly lucrative type of investment that attracts both novice and experienced investors. However, trading without proper education, training, and guidance can lead to losses, frustrations, and disappointments. This is where IM Academy comes in – an online learning platform that claims to provide comprehensive training and mentorship to traders aspiring to master the art of forex trading.
What is IM Academy?
IM Academy, formerly known as iMarketsLive, is an online platform that offers educational products and services related to trading in the forex, crypto, and stock markets. The company was founded in 2013 by Christopher Terry, a former truck driver turned forex trader and educator.
IM Academy's mission is to provide traders with the tools, knowledge, and support needed to achieve success in the financial markets. The company's products include interactive webinars, video tutorials, live trading rooms, customized mentorships, and proprietary trading software. IM Academy claims that its educational programs are taught by expert traders with years of experience in the markets.
What Makes IM Academy Unique?
IM Academy is not the only online learning platform that offers forex trading education and mentorship. However, the company claims to stand out from the competition for several reasons, including:
- A Wide Range of Educational Products: IM Academy's curriculum covers a broad spectrum of topics related to forex trading, from beginner to advanced levels. The company's users can access live and recorded webinars, video tutorials, e-books, and other learning materials.
- Real-Time Trading Rooms: IM Academy's live trading rooms enable students to watch expert traders execute trades in real-time, giving them the opportunity to learn from experienced professionals.
- Proprietary Trading Software: IM Academy offers proprietary trading software, such as Fusion Trader and SwipeCoin, which claim to provide traders with accurate market signals and analysis.
- Customized Mentorship: IM Academy offers customized mentorship programs tailored to each student's specific learning needs and trading goals. The company claims that its mentors are experienced traders, and they provide one-on-one support to students.
- Affiliate Program: IM Academy has an affiliate program that allows users to earn commissions by promoting the company's products and services. Affiliates earn a percentage of the sales made by the users they refer to the platform.
IM Academy's Educational Products
IM Academy offers several educational products designed to teach traders how to navigate the forex market. Here are some of the most notable programs:
1. Academy Program
IM Academy's Academy Program is the company's flagship product, designed to provide users with a comprehensive education in forex trading. The program consists of pre-recorded and live webinars, video tutorials, e-books, and other learning materials.
The Academy Program is divided into several categories, with each category designed to cater to different levels of trading experience. Beginner traders can start with the "Getting Started" category, while advanced traders can choose the "Master Educator" category.
2. Live Trading Rooms
IM Academy's live trading rooms are virtual spaces where students can watch expert traders execute trades in real-time. The trading rooms cover the forex, crypto, and stock markets, and they are available 24/7.
Traders can also interact with each other and the expert traders during the live trading sessions. The trading rooms provide an opportunity for students to learn from experienced professionals and gain valuable insights into trading strategies.
SwipeCoin is a trading signal service offered by IM Academy. The service provides traders with real-time signals on when to enter and exit trades. SwipeCoin analyzes market data and uses proprietary algorithms to identify high-probability trading opportunities.
Traders can access SwipeCoin through the IM Mastery Academy mobile app or the SwipeTrades app. The service is available for both Android and iOS devices.
4. Fusion Trader
Fusion Trader is a trading platform designed to help traders automate their trading decisions. The platform uses machine learning algorithms to analyze market data and identify trading opportunities.
Fusion Trader provides traders with real-time signals and allows them to place trades automatically. The platform also has features such as risk management tools and backtesting capabilities.
IM Academy's Mentoring Program
IM Academy's mentoring program is designed to provide students with one-on-one support from experienced traders. The program consists of customized mentorship sessions, where students can work with a mentor to identify their strengths and weaknesses and develop a trading plan tailored to their needs.
IM Academy claims that its mentors are experienced traders who have been successful in the markets. The company also offers group mentoring sessions, where students can interact with other traders and share ideas.
IM Academy's Affiliate Program
IM Academy's affiliate program enables users to earn commissions by promoting the company's products and services. The program operates on a multi-level marketing (MLM) structure, which means that affiliates earn commissions not only on their sales but also on the sales made by users they refer to the platform.
To become an IM Academy affiliate, users must purchase one of the company's six packages, ranging from $225 to $4,000. Affiliates can earn commissions of up to 30% on sales made by the users they refer to the platform.
What users are saying about IM Academy?
IM Academy has attracted a significant following among traders looking to improve their skills. Users have shared positive and negative opinions about the platform, with some praising it for its comprehensive education and mentorship, while others criticizing it for the high cost of its products and services.
Here are some examples of what users are saying about IM Academy:
"I have been a member of IM Academy for about a year now, and I can confidently say that it has changed my life. The mentorship, the live trading rooms, and the trading software have helped me become a better trader. I highly recommend the platform to anyone looking to improve their trading skills."
- John, IM Academy user
"IM Academy has provided me with the education and support I need to achieve my trading goals. The mentors are knowledgeable and supportive, and the trading rooms have helped me understand the markets better. I am grateful to be a part of the IM Academy community."
- Mary, IM Academy user
"I signed up for IM Academy thinking that it would provide me with a comprehensive education in forex trading. However, I found the education to be shallow, and the mentorship program to be lacking. The cost of the products and services is also too high, considering what they offer."
- Alex, IM Academy user
"I feel like the IM Academy is more focused on affiliate marketing than actually providing users with quality education. It feels like they are more interested in selling their products than helping users become better traders. I would not recommend the platform to anyone."
- Sarah, IM Academy user
IM Academy is an online learning platform that claims to provide traders with comprehensive education, mentorship, and support to master the art of forex trading. The company offers a wide range of educational products, such as live trading rooms, proprietary trading software, and customized mentorship programs.
While the platform has attracted a significant following among traders, opinions about it are mixed. Some users praise it for its comprehensive education and mentorship, while others criticize it for the high cost of its products and services.
Ultimately, whether or not IM Academy is worth the investment depends on several factors, such as individual trading goals, learning preferences, and budget. Before signing up for any of the company's products or services, it's essential to do thorough research and weigh the pros and cons carefully.