My Daily Choice promotes its Akashx platform as a "social trading" solution, promising passive investment returns through automated systems. However, the service operates as an unregistered securities offering, raising significant legal questions for the Nevada-based company and its undisclosed partners.

My Daily Choice started as a supplement vendor in 2015, marketing products like deer antler velvet. The company later diversified into CBD, essential oils, and discount travel packages before introducing Akashx.

Akashx presents itself as a "revolutionary education platform" designed to help traders master Forex and cryptocurrency portfolios. Its "Akashx Academy" offers 145 video lessons. Members also gain access to a "digital banking solution" and receive trading signals on their desktop or phone via Telegram.

These educational offerings serve as window dressing for the platform's main draw: passive returns through automated copy trading. My Daily Choice advertises an "autocopy expert traders" service. Despite the name, the returns reportedly come from "algorithms" or "trader combos" – essentially, trading bots.

These "Combos" are created using a point-based algorithm designed to identify profitable trading strategies. Members fund a trading account, then Akashx's bots manage the investments. The company explicitly states the process is entirely passive. "Our autotrading Platform executes trades rapidly and automatically in your account," My Daily Choice claims. And, "You don't have to study or monitor the Market, because hundreds of Traders world-wide are doing it for you."

Offering passive returns on investments in this manner constitutes a securities offering. Neither My Daily Choice nor Akashx holds registration with the U.S. Securities and Exchange Commission (SEC). My Daily Choice lists a Nevada address, but the Akashx section of its website lacks corporate or contact details, including the identities of those operating the trading bots. This lack of transparency itself represents a regulatory violation.

Akashx membership costs $299 upfront, followed by $149 each month. Members must also deposit funds into their trading accounts, with a typical minimum balance exceeding $200.

No compensation plan for Akashx appears on My Daily Choice's public website, even though Akashx operates under the My Daily Choice umbrella. This arrangement places the burden of securities registration squarely on My Daily Choice.

The U.S. remains one of the most aggressively regulated jurisdictions for securities fraud, particularly when combined with multi-level marketing structures. Recent SEC enforcement actions have targeted similar crypto asset trading platforms and investment clubs that promise returns to retail investors through social media promotions. Such unregistered offerings consistently face severe penalties.