imarketlive

imarketlive is a platform that claims to offer trading services in forex, indices, and cryptocurrencies. Despite listing detailed operational addresses and various account types on its website, investigations reveal significant shortcomings in company registration and regulation. This article will delve into imarketlive's background, trading conditions, account types, and its risks in transparency and legality, to help investors make informed decisions.

imarketlive's Company Background:

imarketlive is a platform that claims to offer trading services in forex, indices, and cryptocurrencies. Its official website is https://imarketlive.org/home/index/. The domain was registered on February 10, 2024, and lists an operational address at 1000 Main St, 12th Floor, Houston, Texas, 77002, USA. However, upon investigation, no company registration information corresponding to imarketlive was found at that address, calling into question the platform's legitimacy and actual operational status.

imarketlive's Regulatory Information:

imarketlive claims that its trading services are authorized and regulated by the UK Financial Conduct Authority (FCA) but has not disclosed specific company details for users to verify its authenticity. An FCA database search reveals that the platform holds no authorization, making it an illegal provider of financial services, and as such, the FCA has listed it on their warning list. Investors should exercise extreme caution and avoid conducting any transactions on this platform to prevent potential financial losses.

imarketlive's Account Registration Process:

Opening an account with imarketlive is relatively simple and involves the following steps:

1. Visit the imarketlive website and click the register button to enter the account creation page.
2. Fill out the online application form with the necessary personal and contact information.
3. Submit identity verification documents and phone number verification to ensure account security and legitimacy.
4. Upon verification, users need to deposit funds to activate the account and begin trading on the platform.

imarketlive's Account Types:

imarketlive offers various account types to meet the needs of different investors. Below are the main account types provided by the platform along with their pricing and expected returns:

1. Starter Plan: Minimum deposit requirement of $1,000 with an expected return rate of 30% - 40%. This plan offers 24/7 customer support and promises a refund guarantee but requires a 20% trading commission.
2. Master Plus Plan: Minimum deposit requirement of $10,000 with an expected return rate of 40% - 50%. This plan also offers 24/7 support and a refund guarantee, with a 20% trading commission.
3. Premium Plan: Minimum deposit requirement of $20,000 with an expected return rate of 50% - 60%. Includes round-the-clock customer support and a refund guarantee, trading commission is 20%.
4. Ultimate Plan: Minimum deposit requirement of $50,000 with an expected return rate of 60% - 70%. Provides 24/7 support and a refund guarantee, trading commission remains 20%.
5. Corporate Plan: Minimum deposit requirement of $100,000 with an expected return rate of 70% - 80%. Similar services as the previous plans, includes a refund guarantee and 24/7 support, trading commission is 20%.

Additionally, imarketlive offers investment plans specifically for Bitcoin cryptocurrency:

1. Basic Crypto: Investment amount of 1 to 1.5 Bitcoins with an expected return rate of 65% - 70%. Offers round-the-clock customer support and a refund guarantee, with a 20% trading commission.
2. Standard Crypto: Investment amount of 5 to 14.9 Bitcoins with an expected return rate of 70% - 75%. Provides 24/7 support and a refund guarantee, with a 20% trading commission.
3. Premium Crypto: Investment amount of 15 to 29.9 Bitcoins with an expected return rate of 80% - 85%. Includes round-the-clock support and a refund guarantee, trading commission is 20%.
4. Pro Crypto: Investment amount of 30 Bitcoins or more with an expected return rate of 90% - 95%. Offers the highest return rates along with 24/7 support and a refund guarantee, trading commission remains 20%.

While these account types and cryptocurrency plans seem to offer high returns and diverse options, due to the platform's regulatory issues and lack of transparency, investors should carefully assess the risks involved.

imarketlive's Trading Software:

Currently, imarketlive has not disclosed specific information about the trading software it uses. This lack of information prevents users from understanding the platform's technological foundation and trading experience, increasing uncertainty when choosing the platform.

imarketlive's Trading Products:

imarketlive claims to offer various trading products across the following major areas:

• Stocks
• Real Estate
• Cryptocurrencies
• Forex
• Custodial Services
• Personal Loans

However, due to the platform's lack of transparency, the actual trading environment and quality of product execution have not been confirmed, so investors should proceed with caution.

What are imarketlive's Spreads, Leverages, and Commissions?

imarketlive has not publicly disclosed detailed information on its spreads, leverages, and commissions. This lack of transparency regarding key trading conditions makes it difficult for investors to assess trading costs and potential investment risks.

What are imarketlive's Deposit and Withdrawal Methods?

imarketlive supports multiple methods for deposits and withdrawals, specifically including:

• Perfect Money
• Bank Transfer
• BITCOIN
• Western Union
• MoneyGram
• NETELLER
• UNION

These payment methods provide various ways to deposit and withdraw funds, but given the overall lack of transparency of the platform, investors are advised to fully understand the associated fees and processing times before using these services.

imarketlive's Customer Support:

Email: support@imarketlive.org

Phone: +1 (856) 313 3297

Conclusion:

Although imarketlive claims to offer diversified trading products and high-return investment plans, its lack of transparency in company registration and regulation, along with the non-disclosure of key trading conditions and fees, raises serious questions about its legitimacy and credibility. Investors should exercise high caution, thoroughly assess potential risks, and avoid funding the platform without verification. Currently, imarketlive is flagged as "Suspected Fraud" on TraderKnows.