![]() Keep in mind there is also the minimum GV of $1,740.Įach active Platinum package is worth 150 in GV per month. At this level you will earn $150 per week, which is quite respectable. So it is possible to achieve this with 12 referrals, if they are evenly split with 4 on each of your 3 legs. To qualify for Platinum 600, you need to have at least 4 customers on each leg. Group Volume (GV) is measured from all the money spent by all the IBOs and customers in your downline. The people they recruit are your second line, and so on. The people you personally recruit are known as your ‘first line’. The need to balance legs prevents you from sponsoring just one superstar who does all the work for you. Every time you sponsor a new customer or IBO, you have the choice to either start a new ‘leg’ or place them on an existing one. To get to any rank above Platinum 150, you will need to have at least three legs. We are assuming that if you sell a third one, you will become qualified as ‘Platinum 150’, and will start to earn $37.50 per week as as well as get your package free. The amount of Platinum Bonus you can earn, and the qualification requirements are shown in the image below:Īs we noted earlier, if you sell 2 platinum packages you get your own one for free. The amount each IBO earns depends on their rank and their Group Volume (GV) with IM Mastery Academy. IMarketslive is a little unique compared to other MLMs in that it pays a fixed weekly amount of residual income. You can also make money by recruiting others to join IM Academy as IBOs. Like all MLMs, the commission doesn’t end at just making sales yourself. ![]() This would be their version of paying retail commission. If you continue to sell any packages after that, you can get upfront commissions on each sale. IM Mastery calls this the 2 and Free promotion. If you do this, then you will get your package for free. The first way you can earn is by recommending 2 friends to also buy the Platinum Package from iMarketsLive. This is quite a hefty expense, but they tell us that once we see how well the products work, we’ll happily recommend them to others. ![]() The Platinum Package will cost you $324.94 upfront, then $274.95 per month. This package gives you access to the full range of IM Mastery Academy products and services. If you do become an IBO, then they do recommend that you also become a member of their ‘Platinum Package’. You would just need to pay the $15 monthly fee to be an IBO. You can join the compensation plan without buying any products. We’ve heard similar claims from many MLMs in the past, but we’ll keep going. The first thing we learn, is that becoming an Independent Business Owner (IBO) with IM Academy, will set you on the path to ‘securing your financial future’. Our review will be based on information found in both documents. Given that the company has changed names, and perhaps some of their business practices, we also looked at a less official copy of the more current IM Mastery Academy Compensation Plan. This documents explains all the different ways you can earn an income through the IM Mastery Academy To understand how this business opportunity works, the best document available online was a copy of the 2016 iMarketsLive Compensation Plan. If you join iMarketslive, they say their philosophy is to educate, empower, and enrich. How Do You Make Money With IM Mastery Academy We’ll find out if they have a real opportunity or just another MLM money losing scheme. Here at The Finance Guy, we believe you can’t make money with MLM, but we’ll go ahead with this full review of IM Mastery Academy. IM Mastery has chosen to sell the iMarketsLive system through network marketing. They also offer a bunch of packages they call the IM Academies. All you have to do is turn it on, and it will copy the trades of ‘experts’ on the Foreign Exchange market. Originally known as iMarketslive, they sell their financial trading and education software.Īlong with the range of IM Academy services, they claim that their software can trade for you. IM Mastery Academy, was launched in 2013.
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