Questions about The Academy:
WHAT IS GLOBAL TRADERS TEAM?
Global Traders Team is a community of traders who have the same vision – to educate other people globally and to share experiences on how to become a successful trader.
WHAT DOES THE LEARNING PROCESS LOOK LIKE?
Everybody starts with IML Academy. After you watch the IML Academy videos, you will have enough knowledge to follow IML TV sessions and learn from professional traders while trading together with them. We also do live trading sessions together with our Global Traders Team coaches. Contact us to register.
HOW LONG WILL IT TAKE ME TO BECOME A PROFESSIONAL TRADER?
It depends on how much effort and time will you devote to develop this skill. To become an independent Forex or Crypto trader it might take from 3 months to a few years, however you can already start making money in financial markets without being an expert with the help of our tools.
WHAT IS THE IM ACADEMY?
The IM Academy is the biggest educational Forex platform in the world which was established in 2013 and at this moment supports more than 75 000 customers globally. Next to education in Forex and Cryptocurrencies trading, active members receive tools like IM Harmonic Scanner, IM Web Analyzer, Swipe Trades, Daily Swing Trades & GoLive TV.
HOW CAN I GET STARTED?
The only way to start your education with iMarketsLive is through a referral link. The person who has redirected you to iMarketsLive’s site is the person who will help you to get started and who will guide you during your education process.
HOW MUCH MONEY DO I NEED TO START TRADING?
We highly recommend everyone to start trading on a demo account before opening a real one. You need to choose a broker that you like to open your demo account which costs nothing. After you feel comfortable and are constantly making profit on your demo account, then it is the time for you to open a real one. You can fund your real account with any amount you want. If you need more support in opening your trading account, contact us and we will assist you.
HOW MUCH MONEY DO I NEED TO START THE EDUCATION?
If you are interested in getting education on how to trade and to use our software – first month’s fee is USD195 which includes joining fee. If you decide to continue with us – the fee will be USD145/month.
Questions about a Traders Career:
Application and Cancelation
All applications have to be submitted no later than the 5th of the current month (when all account activations are processed) to start trading with the current group. All applications submitted after the 5th will have their account activation scheduled with the next month’s group. Payments for next month’s subscriptions are executed automatically from the 25th of every month , therefore all cancellation forms must be submitted prior to the charge period.
Can I get more capital?
When your trading style, and you as a trader, has proven itself over time and you have consistent profits, your trading account can be upgraded to 100.000 or 200.000 USD. Discuss the options with your coach when you have consistent results.
Which currency is being used for withdrawals?
All account withdrawals are in US dollars. The amount that you receive will depend on your local exchange rate at the receiving institution. We have no control over this rate.
Can I make a withdrawal larger than 5%?
All profits can be withdrawn in 5% blocks. As an example: If a person reaches 17% increase in balance, they can withdraw 5% x 3 = 15%. Then the other 2% left needs to be grown to 5% for another withdrawal to be accepted.
What are the methods for withdrawal?
We make payments via bank transfer. The request for withdrawal must be made before 20th of the month.
Can I use my profits to pay my traders license?
Unfortunately the traders license system is not advanced enough for us to cross reference your payments and withdrawals. Your coach can help you to time your withdrawals to be able to pay for your future months trading licenses. A trader must always have an active license to be able to trade.
What happens after the payment for the license is made?
Once the payment is received the compliance team will review your documents. When all documents are accepted a Trading account will be created and funded. The MT4 login details are sent to the trader shortly afterwards.
What are the benefits of trading with Global Traders Team?
The Global Traders Team Portfolio Manager accounts provide a great opportunity for any trader with any experience level to become a professional trader, build up a trading track record with a larger account that most traders can fund themselves.
Questions for Sales Representatives:
Do you have a bonus system?
Yes, Representatives get a one time bonus when they start supporting a new student.
What does a Representative get?
Salary of a Representative depends on the results. That means that the more students you are supporting – the higher salary you get. Contact us for more details.
Do I need experience to become a Representative?
Experience is always welcome, however high motivation and good communication skills is the key. We always advise to become a student first within the group and when you feel confident enough and are able to quickly bond with clients from different backgrounds – then you are ready to become a Representative for beginners. Please contact us for more information so we can make an appointment.