IM Mastery Academy Review: Scam or Legit?

As an experienced investment analyst with over seven years of consistent profitability in the financial markets, I’ve seen my fair share of trading platforms, educational resources, and so-called “game changers.” Navigating the world of forex, stocks, and cryptocurrencies requires not only skill but also access to reliable tools and knowledge.

When I first came across IM Mastery Academy, I was intrigued by its promise to empower traders through education and mentorship. However, as someone who values transparency and effectiveness in any financial venture, I decided to take a closer look at what this platform truly offers.

In this review, I’ll share my honest insights into IM Mastery Academy—its strengths, weaknesses, and whether it lives up to the hype for aspiring traders.

What is IM Mastery Academy?

IM Mastery Academy is an online educational platform designed to teach individuals how to navigate financial markets and build wealth through trading and entrepreneurship. It offers courses on forex (foreign exchange), cryptocurrency, stocks, e-commerce, and even personal development. The platform provides a mix of pre-recorded lessons, live interactive sessions (goLIVE), and access to tools like market scanners to help users analyze trends and make informed decisions. While IM Mastery Academy emphasizes education, it also incorporates a multi-level marketing (MLM) model, allowing members to earn income by recruiting others into the program.

The courses aim to equip students with practical skills for making money online. For instance:

• Forex Trading: Learn strategies for trading currency pairs in the foreign exchange market.
• Cryptocurrency: Understand blockchain technology, market trends, and trading strategies for digital assets.
• E-Commerce: Develop skills for launching and scaling online businesses, including dropshipping and digital marketing.
• Personal Development: Focus on mindset and discipline, which are foundational for success in trading and business.

Recommendation: Here’s The Best Alternative

Who Created IM Mastery Academy?

IM Mastery Academy was founded in 2013 by Christopher Terry and Isis Terry. Christopher Terry is a seasoned trader with over two decades of experience in forex, futures, and equity markets. Before venturing into trading, he worked in the construction industry but transitioned to forex trading as a means of generating income from home. His success in the financial markets led him to establish iMarketsLive (IML), which later rebranded as IM Mastery Academy due to legal challenges surrounding its business model.

While Terry’s expertise lends credibility to the platform’s educational content, his association with iMarketsLive has sparked controversy. The previous iteration of the company faced allegations of operating as a pyramid scheme and received negative reviews for its flawed business practices. Despite rebranding efforts, skepticism about IM Mastery Academy persists among critics who question its MLM structure.

Who is IM Mastery Academy For?

IM Mastery Academy caters to individuals looking to learn how to make money online through financial markets or entrepreneurship. It is particularly suited for:

• Aspiring Traders: Beginners or intermediate learners who want to understand forex, cryptocurrency, or stock trading.
• E-Commerce Entrepreneurs: Those interested in building online businesses using tools like dropshipping or digital marketing.
• Passive Income Seekers: People drawn to the MLM model who aim to earn residual income by recruiting others.
• Flexible Learners: Individuals who prefer self-paced learning combined with live mentorship sessions.

However, it’s important to note that success with IM Mastery Academy requires dedication and effort. While the platform provides educational resources, actual trading involves significant risk, and the MLM model may not be appealing or profitable for everyone.

Recommendation: Here’s The Best Alternative

How is IM Mastery Academy Structured?

IM Mastery Academy organizes its educational content into distinct modules, each focusing on specific areas of financial markets and entrepreneurship. These modules are designed to cater to learners at various skill levels, from beginners to more advanced traders. Here’s a breakdown of the main academies:

• FRX Academy (Forex Trading): This module provides a comprehensive introduction to forex trading, covering strategies, market analysis, and tools like candlestick patterns and price reversal zones. Students can engage in live goLIVE sessions with educators to apply their learning in real-time scenarios.

• DCX Academy (Stocks & Cryptocurrency): This course dives into the dynamic world of stocks and cryptocurrencies, teaching students how to analyze trends, understand blockchain technology, and trade digital assets effectively.

• ECX Academy (E-Commerce): For aspiring entrepreneurs, this module focuses on building and managing online businesses. Topics include digital marketing strategies, payment processing, and customer service essentials.

• Personal Development: Beyond technical skills, this academy emphasizes mindset development, helping students build confidence, overcome limiting beliefs, and cultivate resilience for success in trading or business ventures.

• Social Media Course: This module teaches students how to leverage social media platforms for branding and marketing purposes, making it ideal for influencers or business owners looking to expand their reach.

Each academy includes pre-recorded video lessons with quizzes at the end to test comprehension. Students also have access to unlimited interactive goLIVE sessions with educators in multiple languages, ensuring flexibility across time zones.

Are IM Mastery Academy Students Getting Results?

The results among IM Mastery Academy students appear mixed. While some testimonials highlight positive experiences with the educational content and live mentorship sessions, others criticize the platform for being more focused on recruitment than actual trading education. For example:

• Positive reviews often emphasize the value of the goLIVE sessions and the practical application of trading strategies taught by experienced educators.

• On the flip side, there are reports from former members who felt that the platform lacked depth in its trading education and was overly reliant on its MLM structure. Some individuals claim that they were pressured into recruiting others rather than focusing on learning.

Ultimately, success seems highly dependent on a student’s commitment to learning and their ability to navigate the MLM aspect of the platform.

Recommendation: Here’s The Best Alternative

How Much Does IM Mastery Academy Cost?

IM Mastery Academy offers several subscription plans based on the chosen academy or bundle:

• Individual Academies: Courses like FRX (Forex), DCX (Stocks & Cryptocurrency), and ECX (E-Commerce) cost $234.95 upfront, followed by $174.95 per month.
• Elite Academy Bundle: Includes multiple academies for $324.94 upfront and $274.95 per month.
• IBO Membership: For those focused on recruitment rather than education, this costs $16.71 upfront and monthly.

Additionally, IM Mastery Academy provides a refund policy that allows members to cancel within seven days of enrollment for a full refund. Refunds are processed in U.S. dollars but may take up to 30 days depending on financial institutions involved. After seven days, cancellations are allowed but without refunds.

While the pricing may seem steep compared to other educational platforms, potential members should weigh the value of the content against their financial goals before committing.

Praises for IM Mastery Academy

While IM Mastery Academy has its critics, there are several aspects of the platform that deserve recognition. Here are some positives I’ve observed:

• Comprehensive Educational Resources: IM Mastery Academy offers a wide range of educational materials, from beginner to advanced levels, across forex, cryptocurrency, and e-commerce. The inclusion of live goLIVE sessions allows students to interact with experienced educators in real-time, which is a valuable feature for those who learn best through guided mentorship.

• Global Accessibility: The platform is available in multiple languages, making it accessible to a global audience. This inclusivity is particularly beneficial for non-English speakers who want to learn about financial markets.

• Community Support: Many users appreciate the sense of community within IM Mastery Academy. Telegram groups and live sessions provide a platform for learners to connect, share ideas, and support each other’s growth.

• Exposure to Financial Markets: For those completely new to trading, the academy serves as an entry point to understanding forex and cryptocurrency markets. Some users credit the platform for sparking their initial interest in trading.

• Flexible Learning Options: With 24/7 access to pre-recorded content and live sessions across various time zones, IM Mastery Academy accommodates learners with different schedules and commitments.

Criticisms for IM Mastery Academy

Despite its strengths, IM Mastery Academy has been the subject of significant criticism. Here are the key issues:

• MLM Structure and Recruitment Focus: One of the most common complaints is that the platform operates like a multi-level marketing (MLM) scheme. Many users feel that there is more emphasis on recruiting new members than on providing high-quality education. This recruitment-driven model can detract from the learning experience.

• High Costs: The subscription fees for IM Mastery Academy are steep compared to other educational platforms. At $174.95 per month (or more for bundles), many potential users find it cost-prohibitive, especially when free or lower-cost alternatives exist online.

• Lack of Accreditation: The academy’s courses are not formally accredited, which raises questions about their credibility and recognition in professional or academic settings. This may limit their value for individuals seeking a more formal education in financial markets.

• Overwhelming Content Delivery: Some users report feeling overwhelmed by the sheer volume of information presented in the courses and Telegram groups. For beginners, this can make it difficult to focus or know where to start.

• Mixed Results Among Students: While some students claim success using IM Mastery Academy’s tools and strategies, others report minimal progress or even financial losses. This inconsistency highlights that success often depends more on individual effort than on the platform itself.

• Potentially Misleading Marketing Claims: Critics argue that some of IM Mastery Academy’s promotional materials make unrealistic claims about financial success. These bold promises can set false expectations for new members.

Recommendation: Here’s The Best Alternative

Should You Join IM Mastery Academy?

Whether or not you should join IM Mastery Academy ultimately depends on your goals, learning style, and tolerance for risk. From my perspective as an experienced investment analyst, here’s how I see it:

If you’re someone who is genuinely interested in learning the basics of forex, cryptocurrency, or e-commerce and you’re willing to put in the time and effort to study the material, IM Mastery Academy could be a starting point. The live goLIVE sessions and access to experienced mentors are definite advantages for those who prefer interactive learning. However, keep in mind that trading is inherently risky, and no amount of education can guarantee success. You’ll need a strong mindset, discipline, and a willingness to accept losses along the way.

That said, I have reservations about the platform’s heavy emphasis on recruitment through its MLM model. If your primary goal is to learn trading or business skills rather than building a downline, this focus on recruitment could be distracting. Additionally, the high monthly costs may not be justifiable for everyone, especially when there are more affordable or even free resources available online.

In short, if you’re looking for a structured introduction to trading and don’t mind the MLM aspect or the price tag, IM Mastery Academy might work for you. But if you’re skeptical of MLM models or hesitant about the financial risk involved in trading, there are better alternatives for building wealth online.

IM Mastery Academy Alternative to Make Passive Income

If you’re looking for a safer and more sustainable way to build passive income online without taking on the risks associated with trading, I highly recommend exploring Wealthy Affiliate. As someone who has spent years analyzing financial opportunities, I believe building an online business is far more stable and rewarding in the long run compared to trading.

Wealthy Affiliate is an all-in-one platform designed to teach individuals how to create and grow their own affiliate marketing businesses. Unlike IM Mastery Academy’s focus on financial markets and MLM recruitment, Wealthy Affiliate provides step-by-step training on how to build websites, drive traffic through SEO (search engine optimization), and monetize your content through affiliate partnerships with reputable companies like Amazon or Shopify.

Here’s why I consider Wealthy Affiliate a better alternative:

• Low Risk: Unlike trading, where you can lose money quickly due to market volatility, affiliate marketing involves minimal upfront investment. You’re essentially building an asset—your website—that grows over time.
• Affordable Pricing: Wealthy Affiliate offers free starter accounts with basic training and premium memberships starting at $49 per month. This is significantly more affordable than IM Mastery Academy’s monthly fees.
• No Recruitment Required: Wealthy Affiliate doesn’t operate as an MLM. Your success depends entirely on your ability to create valuable content and attract traffic—not on recruiting others.
• Proven Success Stories: The platform has helped thousands of members build successful online businesses that generate passive income over time.

In my experience, affiliate marketing provides a more reliable path to financial independence. It allows you to build a long-term business that works for you 24/7 without requiring constant monitoring like trading does. If you’re serious about creating passive income online without exposing yourself to unnecessary risks, Wealthy Affiliate is worth considering as your go-to platform.

Recommendation: Here’s The Best Alternative