This company uses unregulated brokers that are not following United States Regulations. As a beginning student that knew nothing about forex trading, I went in thinking they were using the best tools and best education. The truth is, they weren't. They were using an unregulated off shore broker that ended up stealing 10's of thousands of my dollars of their students deposited money. They have you sign a paper that says that they didn't coerce you to use one broker or another, but when you are as new as I was in forex trading, I didn't know the proper way to verify I was with a good broker. They are an education and investment company. I expected them to teach me how to look for a good broker, but they didn't. While I was their student they were using Capital City Markets, which at that time was on the Commodity Futures Trading Commission Red List. Then after they started having problems with Capital City Markets, they moved to another company on the Commodity Futures Trading Commission Red List name FinPro. Then FinPro sold to a company named Coinexx who they are currently using. Coinexx is unregulated and off shore as well. They are not on the CFTC Red List yet, but I wouldn't be surprised if they were soon. If you don't believe me, ask Day Trade Smart if they have used Capital City Markets and what happened, ask if they used FinPro. Then go to https://www.smartcheck.gov/redlist and you will see these brokers on the list!
Day Trade Smart sufficiently covered themselves to ward off liability by having me sign the waiver saying they didn't coerce me to use a broker, but I still didn't know any better as a new student. I had no education to know one way or the other what was good or what was bad.
My COD as the company calls them (or salesman) lied to me by telling me he had a trade that worked if all the other trades failed. I saw the trade and believed him. Later I found out the indicators for the trade repainted, meaning they would change after the original indication was made. Their other indicators are also unreliable. You can try it for yourself if you would like, but don't say I didn't warn you.
They are BAD BAD BAD!! Please stay away. read more