Arthur Morgan
New member
I recently came across IM Academy, which has now rebranded as IYOVIA. They advertise themselves as an online education platform teaching trading skills in forex, crypto, and other markets, promising financial freedom through learning. At first, it sounds appealing, but there are several red flags that make me question whether this is a legitimate platform or just another recruitment-focused scam.
Why Some People Call It a Scam
The biggest concern is the heavy focus on recruitment. Reports indicate that the main way to reduce or waive monthly fees is by getting new members to join. This structure strongly resembles a pyramid scheme, where profits mainly come from recruitment rather than the actual educational content.
There are also regulatory concerns. IM Academy/IYOVIA has faced bans, fines, and investigations in several countries, including Belgium and Poland. Some representatives have even been arrested or investigated for promoting the platform.
Another red flag is the rebranding from IM Academy to IYOVIA, which could suggest an attempt to distance the company from past controversies. Finally, online reviews are highly mixed. Some users report genuinely learning useful trading skills, while others warn that almost all profits come from recruiting new members rather than trading.
Why Some Defend It
On the other hand, some members argue that the platform offers real educational content, including lessons on forex, crypto, and trading strategies. Thousands of users claim to have gained knowledge and skills that helped them trade independently.
The company also reports a large member base and significant revenue, which some people interpret as proof of legitimacy. But it’s unclear whether these figures reflect course sales or recruitment commissions.
So, is IM Academy / IYOVIA a legitimate educational platform, or is it a recruitment-driven scam disguised as trading education? I’m hoping the community can share insights, screenshots, reviews, or personal experiences so we can figure out the truth before anyone risks money or time.
Why Some People Call It a Scam
The biggest concern is the heavy focus on recruitment. Reports indicate that the main way to reduce or waive monthly fees is by getting new members to join. This structure strongly resembles a pyramid scheme, where profits mainly come from recruitment rather than the actual educational content.
There are also regulatory concerns. IM Academy/IYOVIA has faced bans, fines, and investigations in several countries, including Belgium and Poland. Some representatives have even been arrested or investigated for promoting the platform.
Another red flag is the rebranding from IM Academy to IYOVIA, which could suggest an attempt to distance the company from past controversies. Finally, online reviews are highly mixed. Some users report genuinely learning useful trading skills, while others warn that almost all profits come from recruiting new members rather than trading.
Why Some Defend It
On the other hand, some members argue that the platform offers real educational content, including lessons on forex, crypto, and trading strategies. Thousands of users claim to have gained knowledge and skills that helped them trade independently.
The company also reports a large member base and significant revenue, which some people interpret as proof of legitimacy. But it’s unclear whether these figures reflect course sales or recruitment commissions.
So, is IM Academy / IYOVIA a legitimate educational platform, or is it a recruitment-driven scam disguised as trading education? I’m hoping the community can share insights, screenshots, reviews, or personal experiences so we can figure out the truth before anyone risks money or time.