iMarketLive Review – Large Returns Cast as Bait for Newbies

This company does not have a large online presence, but it more than compensates for that with a very active boiler room. Their agents will have you believing you’re earning riches in a matter of days only to keep you complacent and investing ever larger sums of cash.

Unfortunately, the bubble will eventually burst, leaving you penniless. Read about fund recovery options in our iMarketLive review.

Not Subject to Oversight

This completely anonymous and unknown company doesn’t reveal where it operates from or any other relevant information pertaining to its business.

As a matter of fact, the iMarketLive broker seems utterly confused about their identity. While the trading domain is imarketlive.org, the homepage mentions another firm name – Option247 Tradebase. However, the alleged location on the maps reveals yet another firm – AdmiralTradeBase.

Either way, the iMarketLive regulation doesn’t exist, and it’s pretty clear according to the FCA, CONSOB and CBR warnings issued against this business. 

The broker only focuses on impersonating a reputable entity to rob clients. Don’t forget that many other frauds, Immediate Coraldex being one, tend to mimic professionalism and dedication just to gain your trust and access to your funds.

Unrealistically High ROI As Bait

The con artists would have you believe their company was created in 2012. In reality, though, the imarketlive.org website was actually launched in February 2024.

This hoax is mostly directed towards traders from the following regions:

• United States
• Germany
• United Kingdom
• Mexico
• Colombia

The majority of the victims were persuaded to invest by the boiler room agents. The deception revolves around the idea of a long-running financial company that uses tried and tested methods to generate unrealistically high profit. 

The fraudsters also claim to offer a money-back guarantee to instill a feeling of safety in their victims. Unfortunately, the swindlers steal any deposited money. However, it is possible to recover the funds, so contact our expert team for help.

Virtually Unknown on the Web

While there aren’t any iMarketLive reviews on popular rating platforms, the company did catch the eye of traders on the internet. Users of the Reddit forums have placed the company on a list of known frauds. The company can also be found on an additional board, which contains short articles that explain fraudulent strategies.

Legal Papers Not Found

There isn’t a single legal document that clarifies how the company charges for its services. Illicit platforms often claim that all of their services are free, but that makes no sense, especially since such ludicrous promises are sold by unregulated investment platforms like this one.

The user area only reveals a 2.1% fee charged on deposits via Paystack, but that’s about it when it comes to taxes and commissions.

What to Expect from Features

Registering for a new iMarketLive login is a relatively quick process that opens the way to the client dashboard. Here, we didn’t find anything particularly interesting or a tool we could consider valuable to invest in. There are only options to invest and withdraw, and the transparency and availability of these are quite questionable.

Where’s the Software?!

Although these charlatans boast about providing the ultimate trading technology and tools for facilitating investment, none of that could be found. 

The iMarketLive platform doesn’t exist anywhere on the portal. The website provides no download options and the user area contains no web trader. Simplistic web solutions are usually found on questionable sites and LumineTrade is one example of that.

In this case, users are apparently expected to hand their capital over to these schemers and wait for the promised returns. Nothing screams scams like something that sounds too good to be true.

Only Assets – Crypto Coins

Naturally, the spiraling success of digital currencies has undoubtedly attracted con artists. These fake investment advisors and financial gurus claim they can make anyone rich with their crypto investment options. The entire platform focuses on crypto—Bitcoin, to be specific. Not a single other instrument is mentioned.

Insanely Costly Plans

There are two different archetypes of iMarketLive account types, divided by the types of investment assets. Each plan is incredibly pricey, but it tries to justify the costs through huge ROI.

Nobody bothered to proofread the plan names, which tells you all about the quality of the service:

• Starter Plan – $1,000; 30%-40% ROI
• Master Plus Plan – $10,000; 40%-50% ROI
• Premium Plan – $20,000; 50%-60% ROI
• Ultimate Plan – $50,000; 60%-70% ROI
• Corperate Plan – $100,000; 70%-80% ROI

There are also cryptocurrency investment plans revolving around BTC. These have a gigantic entry threshold as well:

• Basic Crypto – BTC1; 65$-70% ROI
• Standard Crypto – BTC5; 70%-75% ROI
• Premium Crypto – BTC15; 80%-85% ROI
• Pro Crypto – BTC30; 90%-95% ROI

Rule-Breaking Funding Process

The fact that deposits are accepted via electronic wallets while all withdrawals are processed via crypto is an evident breach of antimony laundering laws. Furthermore, the company remains silent about the specific terms and rules pertaining to the iMarketLive withdrawal.

When urged to make a payment or a withdrawal in digital currencies, you should be aware that you’re probably being targeted for scam. Always opt for more transparent methods, such as credit cards, as they allow a chargeback.

No One to Complain to

If you’re unsatisfied with the service provided, well, tough luck, as the firm apparently doesn’t care. The provided contact channels (email and phone) do not seem to be operational. Either that or the customer service has decided to ignore each and every single support ticket they get from clients.

Get Your Money Back From Fraudsters!

This unregulated investment company has already been placed on numerous regulatory blacklists. While the large ROI may seem attractive, we advise our readers that this is the swindlers’ deception strategy at work.

Investing with this firm is strongly discouraged. If you have already deposited money to the iMarketLive trading fraud, contact our legal team. With our help, you may start the process of having your funds reimbursed. We are available 24/7 via the live chat.

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