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imarketlive forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc

Rating Index

Pros

Wide range of educational resources, including live trading sessions and comprehensive courses for beginners and experienced traders.

Access to professional traders' signals through various products like Swipe Trades and the Harmonic Scanner, which can enhance trading strategies.

Potential for high returns through automated trading systems and social trading features, allowing users to leverage the expertise of experienced traders.

Cons

Lack of regulation and oversight, which raises concerns about the safety and security of funds.

Mixed reviews and experiences from users, with some reporting difficulties in withdrawing funds and issues with customer support.

The business model resembles multi-level marketing, which may deter some users and lead to skepticism about the legitimacy of the services offered.

imarketlive Broker Trade

iMarketLive Trade: An In-Depth Review of the Forex Broker

In the dynamic landscape of the forex market, choosing the right broker is crucial for both novice and experienced traders. iMarketLive, also known as IM Academy, presents itself as an educational platform focusing on forex and cryptocurrency trading. Founded in 2013, it has garnered attention for its multi-level marketing (MLM) structure, raising both interest and skepticism among potential users. This article aims to answer three core questions: What are the trading conditions offered by iMarketLive？ How does its trading platform and product range compare to industry standards？ What are the advantages and disadvantages of trading with iMarketLive？

Broker Overview and Trading Conditions

Established	Regulatory Body	Headquarters	Minimum Deposit	Leverage Ratio	Average Spread
2013	Unregulated	New York, USA	$225	Not specified	1.0 pips

iMarketLive operates without any regulatory oversight, which is a significant red flag for potential investors. In comparison to industry standards, the minimum deposit of $225 is relatively contentious, especially considering that many regulated brokers require lower initial investments. The leverage ratio is not clearly specified, which may deter risk-averse traders. The average spread of 1.0 pips is competitive but could be seen as high when compared to other brokers offering tighter spreads in the current market.

Trading Platform and Product Analysis

iMarketLive provides its users with a proprietary trading platform that integrates various educational tools, including the Harmonic Scanner and IML TV. The platform is designed to facilitate both manual and automated trading, allowing users to follow expert traders in real-time.

Available Currency Pairs

Currency Pair Category	Number Offered	Minimum Spread	Trading Hours	Commission Structure
Major Pairs	30	1.0 pips	24/5	None
Minor Pairs	20	1.5 pips	24/5	None
Exotic Pairs	15	2.0 pips	24/5	None

The execution speed and slippage experience on the iMarketLive platform have received mixed reviews. While some users report satisfactory execution times, others have expressed concerns about delays and slippage during volatile market conditions. This inconsistency can significantly impact trading outcomes, particularly for scalpers and day traders who rely on quick execution.

Advantages, Disadvantages, and Security Assessment

Advantages:

Educational Resources: iMarketLive offers a wide range of educational materials, including live trading sessions and comprehensive courses aimed at both beginners and experienced traders.
Community Engagement: The MLM structure fosters a community of traders who can share strategies and insights, potentially enhancing trading skills.
Automated Trading Tools: Features like the Harmonic Scanner and automated trading systems provide users with tools to enhance their trading strategies.

Disadvantages:

Lack of Regulation: The absence of regulatory oversight raises significant concerns regarding fund safety and operational legitimacy.
Withdrawal Issues: Numerous user complaints highlight difficulties in withdrawing funds, which may indicate potential scams or operational inefficiencies.

In terms of security, iMarketLive does not provide clear information about the measures in place to protect client funds. The lack of regulatory backing means that clients are exposed to higher risks, and they do not have access to compensation schemes typically available through regulated brokers.

Practical Strategy and Summary Recommendations

For traders utilizing the iMarketLive platform, a basic strategy could involve using the Harmonic Scanner to identify potential reversal points in major currency pairs. By entering trades at these points and setting tight stop-loss orders, traders can manage risk effectively while taking advantage of market movements.

In conclusion, while iMarketLive offers a range of educational resources and trading tools, the lack of regulation and mixed user reviews present significant risks. This broker may appeal to those looking for educational support and community engagement but is not recommended for risk-averse traders or those seeking a regulated trading environment. Potential users should exercise caution and consider more established, regulated brokers for their trading activities.

FAQ

1. Is iMarketLive a regulated broker？

No, iMarketLive operates without any regulatory oversight, which poses risks to traders.

2. What is the minimum deposit required to start trading？

The minimum deposit is $225, which is higher than many other regulated brokers.

3. Are there any issues with withdrawing funds from iMarketLive？

Yes, numerous users have reported difficulties in withdrawing funds, which raises concerns about the broker's operational integrity.

Risk Warning: Trading forex involves significant risk and may not be suitable for all investors. Please ensure you understand the risks involved and seek independent advice if necessary.