I found that to be a very unusual criteria and made me wonder if there was involvement with the Ontario Securities Commission. Ahhhhhh ..... it is indeed the key that unlocked the door to online searches. --- This is the Ontario Securities Commission allegations against Swift Trade and its principle Peter Beck. http://www.osc.gov.on.ca/en/Proceedings_soa_20110323_beckp.htm (please note; since I am naming an individual, this is not a link to a random allegation from an internet forum, but a document from a governmental authority, I make no comment for or against the individual) --- This is a Settlement Agreement between Swift Trade, Peter Beck and the Ontario Securities Commission. https://www.osc.gov.on.ca/documents/en/Proceedings-SET/set_20090721_swift-trade.pdf (please note; since I am naming an individual, this is not a link to a random allegation from an internet forum, but a document from a governmental authority, I make no comment for or against the individual) --- This is a statement from the Financial Conduct Authority in the UK, regarding a Court of Appeal Decision regarding Swift Trade and Peter Beck. https://www.fca.org.uk/news/statements/statement-regarding-swift-trade-court-appeal-judgment (please note; since I am naming an individual, this is not a link to a random allegation from an internet forum, but a document from a governmental authority, I make no comment for or against the individual) --- This is a link to a news article purporting that Swift Trade and Peter Beck have been barred in the United States for FINRA violations. http://www.cbc.ca/news/business/u-s-regulator-bars-toronto-based-swift-trade-founder-1.1298475 I shall stop there. There is much more available from creditable sources. Now the problem I see is that I do not see an direct connection with Day Trade The World other than what Arna said in post #2 and I have no inclination to dig further.
The daytrading brokerage industry was indicted by regulators due to their "innovative" business models, I didn't see anything particular wrong with Swift except it was too entrepreneurial in some way. DTTW has an arcade model, which people don't like, but don't need to be negative.
A final comment. The website for Day Trade The World does not appear to give the full name or contact information of a single person, corporation, or any legal entity. The website domain was registered with GoDaddy through an anonymous service. Despite the website using the TM symbol for a trademark of "Day Trade The World", that phrase is not trademarked in either Canada or the United States. There does not appear to be a company registered with the name "Day Trade the World". So I am left to assume that there is an unknown numbered company that is the front, that would be the counter-party to any contract you sign. The jurisdiction and particulars of that corporation are not known. Typically a business owner is proud to be associated with his or her company.
VR, Technically/ legally that may not be the case. but the points raised by Truth are absolutely important as I said something does not gel!
I have been following them since the start. AFAIK they are a, relative to this business, honest firm.