IM Academy provides educational resources to prepare students for the forex market. The company was started in 2013 by professional forex traders Christopher Terry and Isis De La Torre. Its headquarters are in New York. Their goal in creating the corporation was to assist traders to acquire quality education by subscribing to an online training program. The company employees work remotely. This cost-effective approach has enabled the firm to channel its resources towards improving the education programs. Without geographical restrictions, they can hire the best trainers to equip learners.

IM customers can access learning modules (academies) through a referral by an independent business owner (IBO) or a happy client. The company has four main training academies.

The first one is called FRX Academy. Here, new students learn about the basic concepts of forex trading. They learn through video tutorials and interactive GoLive sessions. Students also get an introduction to technical analysis by studying different market trends. In this program, students also learn about risk management which is one of the most important concepts a forex trader should grasp.

The other three programs are HFX, DCX, and ECX academies. In these programs, students learn about the high-frequency exchange, digital currency trading, and e-commerce.

IM Academy works through the MLM approach. They sell their products through the IBOs. When an IBO sells an IM product, they get a commission. Technically, therefore, the IBO is not an IM employee. They can, however, recruit other salespeople to join their team and thereby earn a commission from their sales. An IBO has to pay $16.71 for registration and later a monthly fee of the same amount. IBOs are crucial to the company because they recruit others and mentor them in the sales business.

IM provides the necessary materials and tools to the sales teams. IM does not offer any investment advice; neither is it a forex broker in any country. Since IM does not sell financial products or services, it doesn’t need to apply for an operating license for its online educational products. Refer to this article, to learn more about IM Academy.

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