These Purchase Terms & Conditions govern all purchases made through Storefront Legal. Please read them carefully before placing an order.
Last updated: 23 February 2026
1. Definitions
1.1 Purchaser – the natural or juristic person that completes and submits an online purchase /
enrolment / subscription order and concludes this Agreement (including on behalf of a Student).
1.2 Student – the natural person who accesses/uses the educational content, mentoring, tools,
platforms and related services (the Student may also be the Purchaser).
1.3 Account Holder – the natural or juristic person responsible for payment, whose card/bank
account is used and who authorises initial and recurring charges.
1.4 Diversit‐e Smart Trade College (Pty) Ltd (DSTC) – South African private company; Seller and
copyright owner/licensor of Smart Online Trader LMS content.
1.4.1 Reg. No.: 2016/305525/07 | VAT: 4430282683
1.4.2 Address: Manhattan Park, Block 5 (1st Floor), 16 Pieter Street, Highveld Techno Park,
Centurion, 0169, South Africa
1.4.3 Tel.: (+27) 010 753 2460 | Email: [email protected]
1.5 Smart Online Trader LLC (SOT LLC) – authorised Reseller Agent of DSTC products & services.
1.5.1 Registration: EID 307-2060884
1.5.2 Registered Office: 651 North Broadway, Suite 201, Middletown, Delaware, USA, 19705
1.5.3 Tel.: (+1) 302 208 7284 | Email: [email protected]
1.6 LMS / SOT LMS – Smart Online Trader Learning Management System (online tutoring platform,
portal, apps, tools and content). Content is accessed via https://vt.smartonlinetrader.com
1.7 Smart Online Trader Evaluation (SOTE) – a prop‐firm style challenge comprising one or more
simulated trading evaluations with stated rules (e.g., loss limits, targets, drawdowns). Not
investment advice, brokerage, portfolio management, or access to live funds; evaluates trading
performance only. Breach may result in disqualification without refund.
1.8 Smart Online Trader Funded Account (SOTFA) – a funded‐account style programme possibly
offered by a third‐party prop‐firm/partner to a successful SOTE participant, under that provider’s
own rules, agreements, KYC/AML and payout processes. Neither DSTC nor SOT LLC acts as
broker/counterparty.
1.9 Subscriptions / Membership Options – paid, time‐limited access packages to SOT LMS/mentoring
and benefits:
1.9.1 Comprehensive Membership
1.9.1.1 Fixed 12 months;
1.9.1.2 Cancellation on 30 business days’ written notice to [email protected];
1.9.1.3 Cancellation fee of 40% calculated at the remaining term’s value is payable.
1.9.2 Premium Membership:
1.9.2.1 Fixed 12 months;
1.9.2.2 Cancellation on 20 business days’ written notice to [email protected]
1.9.2.3 Cancellation fee of 40% calculated at the remaining term’s value is payable.
1.9.2.4 Inclusions:
1.9.2.4.1 SOTE activation only after the 6th subscription fee is paid;
1.9.2.4.2 SOTFA only after successful SOTE and after the 11th subscription fee is paid (subject to all
third‐party terms and verifications).
2.1 SOT LMS (Online Educational Services)
2.1.1 A 14‐module online curriculum (Forex, Commodities, Indices, CFDs) plus resources (Online
Traders’ Essentials, eBooks library, Economic Calendar).
2.1.2 Requirements: compatible smart device and reliable, stable internet with sufficient data.
2.1.3 Content changes: DSTC may add, amend, update or remove content (including due to
third‐party dependencies or force majeure). Licence: personal, non‐exclusive, non‐transferable,
revocable during the paid term.
2.2 Mentoring (Online and/or In‐Person)
2.2.1 Technical training, coaching and Q&A in live/scheduled sessions. Subject to availability;
missed/late‐cancelled sessions may be forfeited. Educational only (no financial advice).
2.3 SOTE (Prop‐Firm Style Evaluation)
2.3.1 Simulated trading evaluations with published rules; rule breaches can cause immediate
failure/disqualification without refund. No guarantee of funded‐account offers.
2.4 SOTFA (Third‐Party Funded Programmes)
2.4.1 If offered post‐evaluation, governed solely by third‐party terms (profit‐split, payouts,
instruments, risk controls, KYC/AML, tax). Payments/payouts are handled by that provider.
2.5 QuickTrade.World Online Trading Platform (Broker Platform)
2.5.1 Designation: QuickTrade.World is the online trading platform used for executing online trading
services.
2.5.2 Scope: All online trading services, including SOTE & SOTFA, are executed via the
QuickTrade.World platform.
2.5.3 Broker Mandate: By registering a profile on QuickTrade.World, you accept the broker’s
mandate and respective terms & conditions (including risk disclosures, product schedules, fees
and operational rules).
2.5.4 Third‐Party Status: QuickTrade.World and related broker agreements are third‐party to this
Agreement and govern platform use, execution, instruments, payouts and compliance.
2.5.5 KYC/AML: Registration and access may be subject to verification requirements under the
broker’s policies and applicable law.
2.6 Onboarding SLA
2.6.1 Onboarding onto the SOT LMS and the QuickTrade.World platform is scheduled within 48
business hours of cleared payment and receipt of required registration details (and, where
applicable, completion of broker KYC/verification). Business hours align to Africa/Johannesburg
working days/hours.
3.1 All order information is true and correct; capacity/authority exists to conclude this Agreement.
3.2 Purchaser was allowed to review the object of purchase before acceptance.
3.3 Purchaser satisfied him/herself with the object and its operation for intended purposes.
3.4 Before conclusion, Purchaser ensured device/software/capacity compatibility; Seller accepts no
responsibility for compatibility.
3.5 Purchaser was allowed to read this and all respective Agreement before electronic acceptance.
4.1 DSTC may authorize Reseller Agents (including SOT LLC) to offer/sell the object of purchase.
5.1 This Agreement is governed by South African law.
5.2 Each party chooses its FICA and/or email address on the online purchase order as domicilium for
notices/legal process. Changes to domicilium take effect 7 days after written notice (street
address; not a P.O. Box).
5.3 Deemed receipt: email (on transmission, subject to proof and admission of receipt).
5.4 Calls to/from the Seller may be recorded; the Purchaser agrees to such recordings.
6.1 Commencement: on completion of checkout and electronic acceptance.
6.2 SOT LMS URL: https://vt.smartonlinetrader.com once payment clears; use of any part of the
content/platform is deemed acceptance, delivery and “installation”.
6.3 No‑use does not void Agreement.
7.1 Course/Mentoring for self‑directed trading (FOREX, CFDs, US Stocks CFDs, Commodities, Indices,
Crypto).
7.2 MetaTrader/WebTrader/QuickTrade.World are third‑party platforms; Seller is not the IP owner
and accepts no responsibility for availability, functionality or access.
7.3 Signals/ideas (e.g., Telegram) are educational only; not advice or recommendations.
7.4 All IP remains the property of DSTC or suppliers; personal, non‑transferable licence during paid
term only. No copying/sharing/reselling/broadcasting/derivatives/training of models without
prior written consent.
7.5 Passwords/logins may not be shared; breach may result in suspension/termination without
refund.
8.1 Agreement Amount appears at checkout; invoices/receipts provided electronically. Prices may be
in ZAR/USD; issuer FX rates/fees may apply. SA VAT applies where required.
8.2 Internet/data are for the Purchaser’s account; device suitability remains the Purchaser’s
responsibility.
9.1 Payment methods: card, EFT, finance, or monthly debit order/payment plan (as selected at
checkout).
9.2 Card security: PCI‑DSS compliant gateway with tokenisation; Seller does not store full card data.
3‑D Secure/SCA may apply.
9.3 Recurring payments: charges recur per interval until cancelled per these Terms; keep payment
details current; failed payments may be retried.
9.4 Debit orders: termination of a debit order does not cancel this Agreement; all sums remain
payable on demand by other means.
9.5 If any payment fails, the Purchaser and any Further Party remain jointly and severally liable. EFT:
Diversit‑e Smart Trade College – FNB – Current a/c 626 259 35377 – Branch 250 655 (Centurion).
9.6 Non‑payment: consent to lawful listings with national credit bureaus (via Accountability
Solutions (Pty) Ltd) and lawful tracing to obtain updated contact details.
9.7 Acceleration: unpaid amounts may become immediately due without notice;
recovery/tracing/collection costs for the Purchaser’s account.
9.8 Payment plan is not a subscription; no interest on course price.
9.9 Chargebacks: initiating a chargeback on a legitimate charge may result in access suspension and
recovery of reasonable admin/chargeback costs as allowed by law.
10.1 ECTA s44 (7‑day general e‑commerce cooling‑off) – where applicable and subject to statutory
exceptions.
10.2 CPA s16 (5 business‑day Direct‑Marketing cooling‑off) – where applicable. Cancellation to
[email protected]; refunds may deduct reasonable direct costs.
10.3 CPA s14 (fixed‑term) – we will give renewal notice 40–80 business days before expiry (options
& changes). You may cancel on 20 business days’ written notice, subject to a reasonable
cancellation charge per CPA Regulation 5 factors (reflecting actual losses).
10.4 Digital content: once access is granted, fees are generally non‑refundable except where required
by law (e.g., material defects not remedied within reasonable time).
10.5 Mentoring: ≥ 24 hours’ notice to reschedule/cancel; otherwise forfeited. No‑shows forfeited.
10.6 SOTE: non‑refundable (including disqualification for rule breaches).
10.7 SOTFA: governed by third‑party terms; DSTC/SOT LLC do not handle refunds/payouts.
11.1 All active trading must be executed through an FSCA‑registered broker. Commissions/swaps
vary by broker. The Purchaser must familiarise him/herself with broker T&Cs and account rules.
11.2 The object of purchase requires the Purchaser’s own value judgements/trading decisions;
educational purpose only.
11.3 Limitation: to the maximum extent permitted by law, DSTC/SOT LLC, their employees,
contractors, affiliates and reseller agents are not liable for any indirect, special, incidental or
consequential damages. Aggregate liability is limited to the lesser of (i) fees paid in the preceding
3 months for the affected service; or (ii) ZAR 10,000.
12.1 If the Purchaser qualifies for a trading‑account credit with a preferred broker, the Seller may
fund once (in the Purchaser’s name). Otherwise, the Purchaser must open and self‑fund; all
KYC/verification is the Purchaser’s responsibility; re‑deposits by the Purchaser.
12.2 The Purchaser must read and accept the broker’s client agreement, T&Cs and any bonus rules.
13.1 Personal information is processed lawfully and minimally to deliver services, billing, fraud
prevention and legal compliance. See Privacy Policy in §24.
13.2 Information Officer: [Insert name & contact]. Cross‑border transfers (if any) rely on adequate
protections or consent. Retention: per policy. Data subject rights: access, correction, deletion,
objection via [email protected]. Information Regulator: [email protected].
13.3 Marketing: you consent to receive promotional materials; you may opt out anytime via
email/unsubscribe links. Testimonials (image/video) may be used with your consent; you may
revoke consent.
14.1 You opt in to receive WhatsApp/SMS/MMS messages from the Seller. Messaging complies with
provider policies (e.g., Twilio). You may revoke consent at any time via provided opt‑out instructions.
15.1 Trading the capital/financial markets (including FOREX, CFDs, US Stocks CFDs, Commodities,
Indices, Cryptocurrencies) carries a high level of risk. Never trade with money you cannot afford
to lose; you may lose all your money on a single trade. Always apply risk management. Course
modules, analysis, resources and trade ideas (including any Telegram channels) are for education
only and not investment/financial/trading advice. Past performance is not indicative of future
results. You indemnify DSTC/SOT LLC and their representatives for losses/damages arising from
use or reliance.
16.1 Smart Online Trader LLC is an Introducing Broker to QuickTrade.World (Pty) Ltd. SOT LLC does
not provide financial advice, portfolio management, or intermediary services as defined under the
FAIS Act, 2002. Its role is strictly limited to introducing potential clients to QuickTrade.World
(Pty) Ltd.
16.2 QuickTrade.World (Pty) Ltd is incorporated in Botswana (Reg. BW00000404456) and acts as
principal and counterparty to all client trades.
16.3 QuickTrade (Pty) Ltd is a licensed FSP regulated by the FSCA (Category I FAIS licence FSP No.
45262).
16.4 Risk Warning: Forex and CFDs are complex, leveraged products and can result in losses
exceeding your original investment and margin. They may not suit all investors. Consider your
objectives, financial situation and risk tolerance. Do not risk more than you can afford to lose.
Read the Risk Disclosure Statement, Client Agreement and Legal Policies on the QuickTrade
website. Seek independent advice where necessary.
16.5 Tax & Exchange Control: Trading CFDs may have tax consequences. Consult a
lawyer/accountant/tax advisor. For international accounts, provide a tax clearance certificate.
International trading is subject to Exchange Control Regulations, 1961 (under the Currency and
Exchanges Act, 1933) including foreign investment allowances.
16.6 Foreign Product Suppliers: As an FSP, QuickTrade (Pty) Ltd may market/sell products of foreign
product suppliers and introduce you to foreign OTC derivatives providers. You are responsible for
complying with all applicable laws when purchasing foreign products or trading OTC derivatives
with foreign providers (including exchange‑control obligations).
17.1 No sharing of accounts, circumvention of controls, platform abuse, market abuse, unlawful
trading behaviours, or violation of SOTE/SOTFA/third‑party rules (including latency/tick
manipulation, prohibited EAs, or coordinated abuse). Breach may result in
suspension/termination without refund
18.1 We may suspend/terminate access for non‑payment, legal/compliance reasons, suspected
fraud/abuse, or material breach. No refunds where suspension/termination results from your
breach. We are not liable for delays/failures caused by events beyond reasonable control (e.g.,
internet/provider outages, regulatory actions, strikes, epidemics, natural disasters, war).
19.1 Services are provided “as is” for educational purposes only, without warranties except those
that cannot be excluded by law. Limitation of liability in §11 applies. You indemnify DSTC/SOT
LLC against losses from your breach, unlawful conduct, or misuse of third‑party services.
20.1 Without prejudice to either party’s right to approach the High Court, the Purchaser and the
Seller consent to the jurisdiction of the Magistrates’ Court of South Africa under section 45 of the
Magistrates’ Courts Act 32 of 1944, even if the claim would otherwise exceed that court’s
jurisdiction. Venue: Gauteng (e.g., Pretoria/Centurion), unless otherwise agreed. Parties shall first
attempt good‑faith informal resolution within 10 business days before litigation.
21.1 You may not assign this Agreement without prior written consent. We may assign to an
affiliate/successor on notice. We may amend these Terms on reasonable notice for
legal/operational reasons; continued use after notice constitutes acceptance. This Agreement
(with your order/plan description and applicable third‑party terms) is the entire agreement and
supersedes prior discussions. If any provision is invalid, the remainder remains enforceable.
Failure to enforce is not a waiver.
22.1 Purchaser: I am authorised; I understand the educational nature and risk disclosures; I accept
the cooling‑off/cancellation terms and jurisdiction clause.
22.2 Student: I will use the content personally and lawfully; I understand SOTE is an evaluation;
mentoring is not financial advice.
22.3 Account Holder: I authorise initial and recurring charges; I will keep payment details current; I
will contact support before initiating any chargeback.
23.1 By clicking an acceptance button, checking a box, submitting payment details, or signing
electronically, you consent to be bound by these Terms.
24.1 Complaints / Dispute Resolution: https://vt.smartonlinetrader.com/wp-content/uploads/2023/02/Complaints-Resolution.pdf_gl=1*kchz3w*_ga*MTg5NzQyNTQzMC4xNzQxMDc4Mjgx*_ga_WGXX000E3D*MTc0NzIxNTYyNy4xNC4xLjE3NDcyMTY2NDcuMC4wLjA
24.2 Privacy Policy (POPIA): https://vt.smartonlinetrader.com/wp-content/uploads/2023/02/Privacy-Policy.pdf_gl=1*1nx2p3n*_ga*MTg5NzQyNTQzMC4xNzQxMDc4Mjgx*_ga_WGXX000E3D*MTc0NzIxNTYyNy4xNC
24.3 Terms of Website Use: https://vt.smartonlinetrader.com/wp-content/uploads/2023/02/Terms-of-Website-Use.pdf?_gl=1*1dvttmx*_ga*MTg5NzQyNTQzMC4xNzQxMDc4Mjgx*_ga_WGXX000E3D*MTc0NzIxNTYyNy4xNC4xLjE3NDcyMTY2NDcuMC4wLjA
If you have any questions about these Purchase Terms & Conditions, you can contact us using the details provided in the Contact Information section above.