iMarketsLive Review

Is International Markets Live Scam or Legit Broker?

International Markets Live is not a safe broker. It is located in the UK, however, there is no mention of the FCA license, which is obligatory for all the financial firms located in the country. Thus, we recommend avoiding unregulated companies and trusting funds to brokers with tight regulations and favorable conditions. 

What is International Markets Live?

International Markets Live Limited, which uses a trading name declares its offices in London and New York. The company promises education, enrichment, and empowerment of every engaged customer, while currently, the company serves thousands of clients. The company offers an extensive proposal on education, trading itself along with the opportunity to invest with Forex and specifically cryptocurrencies. The firm presents itself mainly as an educational source but it's obvious that further on the open account within their platform.

• However, there is no any mentioning of the regulation or compliance with international laws, therefore the broker is unregulated. Actually, that means that the firm is not a legal entity and has no rights to offer its services to the clients, as simply their operations are not set to standards to protect clients.
• In addition to that in order to educate and warn clients, the respected authorities constantly check on the activity among the marketing offerings and issue warnings against those who seem to be fraud companies (See fake forex brokers list here). Therefore, iMarketsLive appeared in various issues within the regulators, as well as if you check on the reviews from the traders you find nothing but complaints with typical problems like holding of withdrawals.

“International Markets Live is not, authorized to offer financial services and products in Belgium. Moreover, the system proposed by International Markets Live exhibits features characteristic of a pyramid scheme.”

FSMA, Belgium. January 2018.

International Markets Live Review Conclusion

Overall, it should be the priority for any trader to choose only among the safest brokers (Find the best forex brokers here), which are usually regulated brokers like BDSwiss broker and Alpari broker, and not to engage with companies like iMarketsLive. Specifically, there are numerous warnings that include industry reputable regulators like CNMV, AMF, and others.

International Markets Live Update

We found the International Markets Live Limited website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert if any proposals come.