TrayDai has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". TrayDai found at https://traydai.org/ is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that TrayDai is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
After seeing ads for TrayDai online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Ontario Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
The so-called education at TrayDai is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about ten months thinking they would help me learn.
Pros: Full transparency|High security standards
Cons: Slow to add new assets
I had high hopes for TrayDai through a podcast recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Multi-device support|Quick verification|Dividend tracking
Cons: Mobile app could be improved
Do not be fooled by the professional-looking website. Behind the scenes, TrayDai is disorganized and incompetent. I found them through a podcast recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Regular updates|Professional team
Cons: Withdrawal takes 1-2 business days|Some tools only available on higher tiers
I signed up with TrayDai after a family member had a good experience and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Market news feed|Clear documentation|Regular platform improvements
Cons: Minor UI glitches occasionally|Nothing significant