Discover Day Trading Now Review: A Fraud?
Welcome to the Discover Day Trading Now review.
The company is operating from the website discoverdaytradingnow.com which was registered in June 2018.
They are selling proprietary indicators, training materials, webinars and a “funded corporate account”.
Whether you are a beginner or experienced trader, Discover Day Trading Now has something for you.
Their promotion materials even claim that the group was founded in 2008 with the purpose of helping people create wealth and attain financial freedom.
They even proclaim that some of their members make $500-$1,200 per day in a live account.
Their indicators sales page also declares that members are making $500+ in 20 minutes.
There is a sales pitch video where the cover photo suggests that members of Discover Day Trading Now are actually making $625 in 20 minutes.
Ownership information is unknown. Track record is unknown. But there is a 30-day trial for those who are interested in the trading products and services offered by Discover Day Trading Now.
Note: When you purchase or invest in any of these reliable trading products and services, Topedgefx will receive a small commission.
Is Discover Day Trading Now legit?
The offer of “free money to use for trading” is extremely tempting. They also claim that the company has perfected the algorithms of their indicators for best results.
With on-going training and support, students will quickly turn into consistently profitable traders.
There is no mention of a trading combine anywhere on the sales page. There are no qualifications either.
In fact, according to the sales pitch, it says students will be coached one-on-one and given a “fully funded corporate account” where profit split will be 60 to 80.
The company is also peddling indicators for everything. There is an indicator for calls/puts, an indicator for pressure and one for the predicting the direction of the market.
If students pay $326 monthly, they will be able to use all of the proprietary indicators and training materials plus phone call and email support is offered.
According to Discover Day Trading Now, one can attain financial freedom as soon as they subscribe for membership.
Who owns Discover Day Trading Now?
This is a great question but we have no answer since the owners decided to register the domain anonymously.
They claim to be operating from the United State. There is nothing honest about this company.
Furthermore, there is no disclosure of which brokers students will use to trade their “corporate funded accounts”
The rules are too good to be true. Unlike companies like TopStepFX or TopStepTrader, students of Discover Day Trading Now only need to pay the monthly fees and consume learning materials to become financially independent.
If their proprietary indicators are this efficient and their experience is sufficient to make consistent returns from day trading, why do they keep begging people to join their “funded account program”?
Aren’t trading proceeds sufficient to keep the business going without bothering people on the internet?
Conclusion
Clever marketing materials and sales pitch are the strengths of this company.
However, when it comes to the bad side of this website, we find plenty of ugly things to say as a result of our observation.
There is no proof of traders being funded by this company.
There is no relationship with any licensed broker in the United States.
The charlatans have also refused to provide the identities of people who own and run Discover Day Trading Now.
Will you still believe their “we will give you millions of dollars to trade with” story?