TradeZaba is a done-for-you auto trading service offered by TheoTrade. I was told they expected 25% annual profits. I ended with a 6.4% loss on two of the services. There are numerous plans depending on account size. Don stated the Ultimate Theta needed a $250K account but could be purchased just for the alerts with a smaller account size for manual entry. This is not the case as the margin needed is great. A total waste of money. In one plan, I was assigned shares on one leg of a credit spread. Instead of exercising the other leg, the options were sold at market on a very volatile day. This cost me an additional $800 in losses. On another occasion, an alert was issued at 3:05 CST after the market so I was again assigned shares due to the late alert. I also attended a masterclass. While I liked the masterclass, I was told by the salesman that I would be given an opportunity in the class to recoup my expense. This was not the case as all sessions were after trading hours.
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At TheoTrade, we believe every trader deserves a clear path to success...and the right team behind them. That’s why we’ve built one of the largest and most supportive trading communities in the industry.
Our team is led by Don Kaufman, a recognized expert in the trading world and the former Director of Trader Education at TD Ameritrade, where he helped guide over 7 million clients. Don’s leadership, paired with our experienced trading staff, gives you access to decades of real-world insight and proven strategies.
Whether you're new to trading or looking to sharpen your skills, TheoTrade offers comprehensive education across stocks, options, futures, technical analysis, and more. Our live trading chat room is open every market day, providing real-time analysis, support, and community...so you're never trading alone.
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