imarketlive Company

iMarketLive Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

iMarketLive, now known as IM Mastery Academy, was founded in 2013 by Christopher Terry. Originally starting as a platform for forex trading education, the company has evolved to provide a range of educational resources and tools aimed at helping individuals navigate the complex world of forex and cryptocurrency trading.

Parent Company/Ownership Structure

iMarketLive operates as an independent entity under the ownership of International Markets Live Ltd. This structure allows the company to focus on its educational offerings while managing its global operations effectively.

Headquarters Location

The company is headquartered in New York City, USA. This strategic location provides access to a significant financial market and facilitates connections with various stakeholders in the finance industry.

Global Business Scope

iMarketLive has a presence in over 100 countries, making it a global player in the forex education and trading sector. The platform offers services in multiple languages, catering to a diverse clientele.

Main Regulatory Bodies

Despite its global reach, iMarketLive operates without significant regulatory oversight. Reports from various financial authorities, including the Financial Conduct Authority (FCA) in the UK and the Comisión Nacional del Mercado de Valores (CNMV) in Spain, have raised concerns about the company's practices and its lack of regulation.

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2. Company History and Development

Key Milestones

• 2013: iMarketLive was founded, focusing on forex trading education.
• 2016: The company faced scrutiny for its FX Signals Live service, which allowed users to mirror trades without understanding forex trading.
• 2019: The rebranding to IM Mastery Academy was implemented to align the companys identity with its educational mission.

Business Expansion Journey

Since its inception, iMarketLive has expanded its offerings from basic forex education to a comprehensive suite of tools, including live trading sessions, webinars, and proprietary trading software. The company has also increased its global footprint, attracting a broad audience of traders.

Customer Base Growth

The customer base has grown significantly, with thousands of members worldwide. This growth is attributed to the company's focus on education and the increasing interest in forex and cryptocurrency trading.

Platform Development History

The platform has undergone several iterations to enhance user experience and educational value. The introduction of tools like the Harmonic Scanner and live trading rooms has been pivotal in attracting and retaining customers.

Important Awards or Recognitions Received

While specific awards are not extensively documented, the company has been recognized for its innovative approach to forex education and its ability to adapt to market changes.

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3. Trading Services Offered

Forex Trading Options

iMarketLive offers access to a wide range of currency pairs, although specific numbers are not publicly disclosed. The platform provides educational resources to help traders understand forex trading dynamics.

Stock Trading Options

Currently, iMarketLive does not offer direct stock trading options. The focus remains primarily on forex and cryptocurrency trading.

CFD Trading Products

The platform does not explicitly mention offering Contracts for Difference (CFDs). However, it provides educational content that may cover CFD trading principles as part of its broader trading education.

Other Financial Instruments

iMarketLive has expanded its offerings to include cryptocurrency trading, allowing users to trade popular cryptocurrencies like Bitcoin and Ethereum. The company also provides educational resources related to commodity trading, although direct trading options may be limited.

Special Services or Unique Advantages

One of the unique advantages of iMarketLive is its comprehensive educational approach. The platform offers various learning modules, live trading sessions, and tools like the Harmonic Scanner, which helps traders identify potential trading opportunities based on market patterns.

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4. Regulatory and Legal Background

Detailed Regulatory Information

iMarketLive operates without significant regulatory oversight, which raises concerns among potential users. Key regulatory bodies that have issued warnings against the company include:

• Financial Conduct Authority (FCA) in the UK
• Comisión Nacional del Mercado de Valores (CNMV) in Spain
• Superintendencia Financiera de Colombia
• Comisión para el Mercado Financiero (CMF) in Chile
• Superintendencia de Banca, Seguros y AFP (SBS) in Peru

Legal Entity Structure by Region

iMarketLive is structured as an independent entity under International Markets Live Ltd. The company operates in various regions, but regulatory compliance varies significantly based on local laws.

Client Fund Protection Measures

Due to the lack of regulation, specific client fund protection measures are not well-defined. Users are advised to exercise caution and conduct thorough research before investing.

Countries/Regions Served

iMarketLive serves customers in over 100 countries, focusing primarily on regions with high interest in forex and cryptocurrency trading.

Compliance History

The company has faced multiple warnings from regulatory bodies regarding its operational practices. These warnings highlight concerns about its business model, which resembles multi-level marketing (MLM) structures, and the potential risks associated with unregulated trading.

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5. Competitive Landscape

3-5 Main Competitors

iMarketLive faces competition from various educational platforms and trading services, including:

1. eToro: A well-known social trading platform that offers a wide range of financial instruments and robust educational resources.
2. Forex.com: A regulated forex broker providing extensive trading options and educational materials.
3. IG Group: A leading online trading provider offering a wide range of financial instruments with a strong educational focus.
4. Coinbase: While primarily a cryptocurrency exchange, its educational resources have attracted many traders looking to learn about crypto trading.

Positioning in the Industry

iMarketLive positions itself as an educational platform for aspiring traders, focusing on forex and cryptocurrency trading. Its MLM structure differentiates it from traditional trading platforms, but this has also led to scrutiny and concerns regarding its legitimacy.

Market Differentiation Factors

The primary differentiation factors for iMarketLive include its emphasis on education, live trading sessions, and proprietary tools like the Harmonic Scanner. However, the lack of regulatory oversight and mixed reviews from users may impact its competitive standing.

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Conclusion

iMarketLive, now IM Mastery Academy, has carved a niche in the forex education sector since its founding in 2013. However, potential users should be aware of the regulatory concerns and mixed reviews surrounding the company. While it offers valuable educational resources and tools for traders, the absence of regulatory oversight may pose risks for those looking to invest.

For more information about iMarketLive's offerings and to explore their educational resources, you can visit their official website or consult independent reviews.

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