Fxprofitsignals.com Review

Based on looking at the website, Fxprofitsignals.com appears to be a platform offering Forex trading signals, educational resources, and proprietary trading tools.

However, it’s crucial to understand that involvement in Forex trading, especially through speculative signals and instruments like binary options, is generally considered impermissible in Islam due to elements of Riba interest, Gharar excessive uncertainty/speculation, and Maysir gambling. These elements are deeply embedded in most conventional Forex and binary options trading practices, making such activities problematic from an ethical standpoint.

Overall Review Summary:

• Purpose: Provides Forex trading signals, educational content, and trading tools.
• Key Offerings: Free and paid Forex signals VIP, Premium, Premium Black, binary options signals, crypto signals, indicators, expert advisors EAs, and copy trading software.
• Claimed Benefits: Real-time signals, exact entry points, technical analysis, round-the-clock support, strategies for various market conditions, and a pathway to profitability.
• Ethical Consideration Islamic Perspective: Highly problematic due to the speculative nature of Forex trading and the inclusion of binary options, which align with gambling and Riba, making it generally impermissible.
• Transparency: Limited transparency regarding specific signal performance validation, regulatory compliance, and the background of “PRO Forex Traders” beyond a name and claimed experience.
• Risk Disclosure: While the general risks of trading are inherent, the website’s emphasis on “profit” and “winning” might overshadow the significant potential for loss.
• Overall Recommendation: Not recommended due to ethical concerns regarding Riba, Gharar, and Maysir inherent in conventional Forex and binary options trading, and the lack of robust, independently verifiable performance data.

The website heavily promotes the potential for profit and becoming a “successful trader” by following their signals, using phrases like “increase your profits by getting the hottest market opportunities before everyone else!” and displaying “pips profit for 1 year.” While this might sound enticing to someone looking for quick financial gains, it’s essential to approach any venture promising high returns with extreme caution, especially in volatile markets like Forex.

The very nature of currency speculation, relying on predicting future price movements with limited certainty and often involving leveraged positions, introduces significant elements of gambling Maysir and excessive uncertainty Gharar. Furthermore, the underlying mechanics of Forex trading, often involving overnight holding costs or interest swaps, can inadvertently lead to Riba.

The inclusion of “Binary Options” signals is particularly concerning, as binary options are widely regarded as a form of gambling due to their all-or-nothing payout structure.

For these reasons, engaging in such activities is discouraged.

Instead, focus on wealth-building strategies grounded in ethical principles, such as honest trade, tangible asset investment, and legitimate business ventures, which align with the principles of fair exchange and real economic value.

Best Alternatives for Ethical Wealth Building and Skill Development:

• Halal Investment Platforms
  • Key Features: Shariah-compliant portfolios, automated investing, diversified asset allocation, ethical screening of stocks and sukuk Islamic bonds.
  • Price: Typically a percentage of Assets Under Management AUM, e.g., 0.25% – 0.99% annually.
  • Pros: Adheres to Islamic finance principles, professional management, long-term growth potential, low entry barriers.
  • Cons: Returns may be lower than speculative ventures but more stable, limited control over individual stock picks.
• E-commerce Business
  • Key Features: Selling physical products online, direct interaction with customers, building a brand, scalable model.
  • Price: Varies significantly based on product sourcing, marketing, and platform fees e.g., Shopify subscription, Amazon seller fees.
  • Pros: Direct value creation, legitimate trade, immense growth potential, builds practical business skills.
  • Cons: Requires significant effort, inventory management, customer service, initial capital investment.
• Digital Skill Development Courses
  • Key Features: Online courses in high-demand skills like web development, digital marketing, data science, graphic design.
  • Price: Free to hundreds or thousands of dollars for specialized certifications.
  • Pros: Builds marketable skills, opens doors to legitimate employment or freelance opportunities, tangible skill acquisition.
  • Cons: Requires discipline and time commitment, market for skills can be competitive.
• Real Estate Investment Platforms
  • Key Features: Crowdfunded real estate investments, diversification across properties, passive income generation, often long-term growth.
  • Price: Minimum investment typically starts from $10-$500, with platform fees around 1% annually.
  • Pros: Tangible asset, potential for steady income, historically stable investment.
  • Cons: Less liquid than stocks, returns can vary, ethical screening is important for Shariah compliance.
• Sustainable Agriculture Ventures
  • Key Features: Investing in or developing ethical farming practices, producing organic or locally sourced goods, promoting food security.
  • Price: Highly variable, from small-scale backyard farming to large agricultural investments.
  • Pros: Real economy contribution, environmental benefits, provides essential goods, direct and ethical trade.
  • Cons: Labor-intensive, susceptible to environmental factors, requires specialized knowledge.
• Consulting Services
  • Key Features: Leveraging existing expertise to advise individuals or businesses, flexible work arrangements, building a professional network.
  • Price: Varies based on expertise, client, and project scope. Can range from hourly rates to project-based fees.
  • Pros: High earning potential for skilled individuals, low overhead, intellectual property-based value.
  • Cons: Requires strong expertise and reputation, client acquisition can be challenging initially.
• Craft and Artisan Businesses
  • Key Features: Creating and selling handmade goods e.g., calligraphy, traditional crafts, ethical fashion, direct sales, unique product offerings.
  • Price: Varies based on materials and scale, platform fees e.g., Etsy listing/transaction fees.
  • Pros: Creative outlet, direct value creation, supports craftsmanship, personal brand building.
  • Cons: Can be time-consuming, market saturation, requires marketing and sales effort.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Understanding Forex Trading and Its Ethical Implications

Forex Foreign Exchange trading involves speculating on the price movements of currency pairs. At its core, participants aim to profit from the fluctuations in exchange rates. While currency exchange is a legitimate necessity for international trade and travel, the speculative nature of retail Forex trading often crosses into areas that are problematic from an ethical standpoint. It’s not about exchanging currencies for a real-world need, but rather betting on their future value. This distinction is crucial for understanding why it’s generally discouraged.

The Problem of Riba Interest in Forex

Riba, or interest, is unequivocally prohibited.

In conventional Forex trading, Riba can manifest in several ways, primarily through “rollover” or “swap” fees.

• Overnight Positions: When a Forex trade is held open overnight, traders may incur or receive a small interest payment or charge, known as a swap. This charge is based on the interest rate differential between the two currencies in the pair.
• Leverage: Forex trading often involves significant leverage, meaning you control a large position with a small amount of your own capital. While leverage itself isn’t Riba, the mechanism often implicitly ties into interest-based financing provided by the broker, even if not explicitly stated as an interest rate on your personal funds. The broker is essentially lending you money to make a larger trade, and the cost of this “loan” can be embedded in fees or swaps.
• Hidden Fees and Commissions: Some brokers might claim “no swap fees,” but these costs can be embedded into wider spreads or other commissions, making it difficult to ascertain if Riba is indirectly involved.

Consider a scenario where you buy EUR/USD.

If the interest rate in the Eurozone is higher than in the US, you might receive a positive swap, essentially earning interest on the currency you are “holding.” Conversely, if you sell EUR/USD, you might pay a negative swap.

This direct earning or paying of interest on borrowed funds or positions is problematic.

The Issue of Gharar Excessive Uncertainty

Gharar refers to excessive uncertainty, risk, or speculation in a contract, which can render it invalid.

Many aspects of speculative Forex trading fall under this category.

• Lack of Tangible Asset: Unlike investing in a business or real estate, Forex trading doesn’t involve buying a tangible asset or participating in a productive economic activity. It’s about predicting price movements, which is inherently speculative.
• Predicting Future Prices: No one can perfectly predict future currency movements. While technical and fundamental analysis tools are used, they only provide probabilities, not certainties. Relying solely on these predictions for substantial gain without any underlying physical asset or service exchange introduces significant Gharar.
• Complex Derivatives: Many Forex trading instruments are derivatives, meaning their value is derived from an underlying asset the currency pair. These can be incredibly complex and often involve layers of financial engineering that increase uncertainty and distance the transaction from a clear, straightforward exchange. The sheer complexity and the absence of a clear, identifiable benefit outside of pure price speculation contribute to Gharar.

For instance, the value of a currency can be affected by countless unpredictable factors: geopolitical events, economic data releases, central bank decisions, natural disasters, and even rumors.

Trading based on predicting these events, often with significant leverage, is fundamentally a high-stakes gamble with unknown outcomes, making it fall under the umbrella of Gharar. Earnv-bucks.com Review

The Trap of Maysir Gambling

Maysir, or gambling, is strictly prohibited due to its element of betting on uncertain outcomes with the aim of quick, unearned wealth transfer, often at the expense of others.

Speculative Forex trading, especially short-term day trading, bears strong resemblances to gambling.

• Zero-Sum Game: In speculative trading, for every winner, there’s a loser. The profit you gain directly comes from someone else’s loss, without any productive economic activity creating new wealth. This direct transfer of wealth based on a speculative outcome is characteristic of gambling.
• High Risk, High Reward: The allure of quick, substantial profits draws many into Forex. However, this often comes with an equally high risk of significant losses. This pursuit of unearned money through chance is a hallmark of Maysir.
• Binary Options: Fxprofitsignals.com explicitly mentions “Binary Options.” Binary options are a clear example of Maysir. They are a financial product where the trader bets on whether the price of an asset will go up or down within a very short timeframe. There are only two outcomes: either you win a fixed amount, or you lose your entire stake. This all-or-nothing, highly speculative nature mirrors traditional gambling. For example, if you bet $100 that EUR/USD will rise in the next five minutes, and it does, you might get $180 back. If it doesn’t, you lose the $100. This is functionally identical to betting on a coin flip.

In essence, when the primary objective is to profit from price fluctuations alone, without any genuine exchange of goods or services, and without active participation in productive economic activity, it becomes highly akin to gambling.

This is why many scholars consider conventional Forex trading, particularly speculative day trading and binary options, to be impermissible.

Fxprofitsignals.com Review & First Look

Based on a thorough review of the Fxprofitsignals.com website, it presents itself as a comprehensive hub for Forex trading signals and educational content.

The site’s interface is relatively straightforward, aiming to convey a sense of professionalism and immediate value.

Upon landing, users are greeted with bold claims of “best free forex signals” and prominent displays of “pips reached” for various currency pairs.

This immediate emphasis on potential profit is a common marketing tactic in the trading signals industry.

• Initial Impression: The site boasts a clean design with clear navigation menus for different sections like “Forex Introduction,” “Calculators,” “Signals,” and “About Us.” The use of “Latest: + pips Reached” prominently features results, albeit unaudited ones.
• Call to Action: A strong call to action, “START NOW for FREE,” encourages immediate sign-ups for their free signals, delivered via Telegram and email. This is a common funnel approach, drawing users in with free content before upselling premium services.
• Claimed Expertise: The website highlights a “PRO Forex Trader” named Matthew Addams, claiming 15 years of trading experience as a Senior Forex Analyst and Swing/Day Trader. However, beyond this brief mention, there’s a lack of verifiable credentials, trading history, or independent audits of his performance. This absence of external validation is a significant red flag in an industry rife with scams.
• Testimonials: The site features several textual testimonials from individuals claiming significant profits and satisfaction. While testimonials can be persuasive, they are easily fabricated and lack independent verification. There are no links to real social media profiles or verifiable trading accounts associated with these testimonials.
• Educational Content: The site includes various educational sections like “Introduction to FOREX,” “Fundamental Analysis,” “Technical Analysis,” and “Trader’s Psychology.” While providing educational content is a positive, the quality and depth of these resources are not immediately apparent without in, and their primary purpose might be to legitimize the signal service rather than genuinely empower traders.
• Regulatory Information: A critical missing piece is information about any regulatory compliance or licensing. Providing financial advice or signals typically falls under specific regulatory frameworks, and the absence of such details raises concerns about oversight and accountability.

In summary, Fxprofitsignals.com creates an initial impression of being a legitimate signal provider.

However, the heavy emphasis on unverified results, reliance on anonymous testimonials, and the lack of transparent regulatory details or independent performance audits mean that users should approach with extreme caution. Everythingbilliards.net Review

The core offering, speculative Forex signals, remains ethically problematic.

Fxprofitsignals.com Features

Fxprofitsignals.com offers a range of features aimed at both novice and experienced traders, designed to assist them in Forex, binary options, and even crypto trading.

The features are primarily centered around providing trading signals and supplementary tools.

Core Signal Services

The website prominently offers various tiers of trading signals, which are the cornerstone of its service.

• Free Forex Signals: Available via Telegram and email, these are touted as the entry point for users to “join our community of successful traders.” The website displays an “ACTIVE FREE Signals Posted at GMT” section, showing recent signals with entry points, stop loss SL, and take profit TP levels. This attempts to demonstrate immediate value and potential for success.
• VIP Subscription Plans: These are paid signals promising “more profitable FOREX signals in real time through Telegram messenger and Email notifications.” The implication is that VIP users get hotter market opportunities and don’t need to monitor charts constantly.
• FX Premium Plans & FX Premium Black Plans: These represent higher tiers of paid subscriptions, likely offering more signals, different asset classes like Gold or Binary Options, or potentially more advanced analysis. The site lists “Platinum signals instructions” and “Binary Options signals instructions” under these plans, indicating broader coverage.
• Binary Options Signals: Explicitly mentioned under the “Fx Premium Black Plans,” these signals target the binary options market. As noted earlier, binary options are highly speculative and generally considered gambling.
• Crypto Signals: The site also mentions “Crypto Signals Results” under the FX Premium Black plans, indicating an expansion into the cryptocurrency market, another highly volatile and speculative asset class.

Educational Resources

Beyond just signals, Fxprofitsignals.com attempts to position itself as an educational platform.

• Introduction to FOREX: Basic guides covering fundamental concepts.
• Fundamental Analysis: Content explaining how economic news and events impact currency prices.
• Technical Analysis: Information on chart patterns, indicators, and historical price action.
• Forex Glossary: A list of common trading terms.
• Trader’s Psychology: Acknowledging the mental aspect of trading, though the depth of coverage is unclear.
• Free Training Course/Videos: Advertised for new registrants, aiming to teach “strategies for all market conditions” and “critical areas that makes you a successful trader.”

Trading Tools & Calculators

The website provides several practical tools and software designed to assist traders.

• Rates & Charts: Likely real-time data feeds for currency pairs.
• Economic Calendar: A crucial tool for fundamental analysis, highlighting upcoming economic news events.
• Calculators:
  • Currency Calculator: For currency conversions.
  • Pip Value Calculator: Essential for understanding profit/loss per pip.
  • Profit Calculator: To estimate potential gains.
  • Position Size Calculator: Crucial for risk management, determining appropriate trade size based on capital and risk tolerance.
  • Risk and Reward Forex Calculator: To assess the potential profit versus potential loss of a trade.
• Indicators & Expert Advisors EAs:
  • FxPROfit Strategy Secret Strategy: A proprietary trading methodology.
  • GoldStar Indicator: An indicator for trend reversal signals, likely to be used with trading platforms like MetaTrader 4/5.
  • FXPROFITSIGNALS EA FX Robot: An Expert Advisor, which is automated trading software that can execute trades based on pre-defined rules.
  • Fx COPY Software: A copy trading tool that allows users to automatically replicate the trades of the “PRO Forex Traders” on their own brokerage accounts. This feature is particularly concerning as it automates exposure to speculative activities.

These features collectively paint a picture of a service attempting to provide an all-in-one solution for Forex trading.

However, the presence of binary options and crypto signals, combined with the inherently speculative nature of Forex, continues to raise significant ethical concerns regarding Maysir and Gharar, regardless of the tools provided.

Fxprofitsignals.com Cons Ethical & Practical Concerns

While Fxprofitsignals.com presents a range of features, a critical examination reveals several significant drawbacks, particularly when viewed through an ethical lens.

The very nature of the services offered inherently carries risks and moral compromises. Trafficbooster.xyz Review

Pervasive Ethical Issues Riba, Gharar, Maysir

The most pressing concern with Fxprofitsignals.com, and indeed with conventional Forex trading itself, revolves around core ethical principles.

• Riba Interest: As discussed, Forex trading, especially positions held overnight, frequently involves rollover or swap fees that are essentially interest payments. Even if a service claims “no swap fees,” these costs are often embedded elsewhere, making it difficult to avoid Riba entirely. The underlying leverage provided by brokers also often functions on an interest-based model.
• Gharar Excessive Uncertainty/Speculation: The primary activity of speculative Forex trading—betting on future currency movements—is rife with excessive uncertainty. It’s a zero-sum game where no new economic value is created, only wealth transferred based on unpredictable price fluctuations. The reliance on signals, rather than tangible economic activity, exacerbates this uncertainty.

Lack of Transparency and Verification

The website falls short on critical transparency measures that legitimate financial service providers typically offer.

• Unverified Results: The “Latest pips Reached” and “Signals Results” sections prominently display impressive profit figures. However, these results are self-reported and not independently audited or verified by a reputable third party. Without such verification, these claims hold little credibility and could be easily manipulated. Genuine trading performance, especially for a signal provider, should be rigorously audited.
• Anonymous “PRO Traders”: While “Matthew Addams” is named, there’s no verifiable information about his background, regulatory licenses, or proven trading history. Trusting one’s financial decisions to an unnamed or unverifiable “expert” is highly risky.
• Missing Regulatory Information: There is no clear indication of regulatory oversight or licensing. Providers of financial signals or advice are typically subject to stringent regulations in most jurisdictions e.g., CFTC in the US, FCA in the UK. The absence of this information is a major red flag, suggesting a lack of accountability and consumer protection.
• Opaque Risk Disclosure: While any trading activity carries risk, the website’s heavy emphasis on “profit” and “winning” often downplays the very real possibility of substantial losses. A transparent service would prominently display clear risk warnings, including statistics on the percentage of retail investor accounts that lose money when trading CFDs Contract for Differences, which are often associated with Forex.

High Risk of Capital Loss

Regardless of ethical considerations, the practical reality of speculative trading, especially with leverage, is a high probability of losing capital.

• Inherent Volatility: Currency markets are incredibly volatile and influenced by global events, making consistent prediction extremely difficult.
• Leverage Magnifies Losses: While leverage can amplify profits, it also dramatically magnifies losses. A small adverse price movement can wipe out a significant portion, or even all, of a trader’s capital.
• Dependence on Signals: Relying solely on signals without understanding the underlying market dynamics or developing personal trading skills can lead to poor decision-making. Traders become dependent and are not equipped to adapt when signals fail.
• Past Performance is Not Indicative of Future Results: Even if the claimed “pips” were real, past performance is never a guarantee of future success in financial markets. Markets are dynamic, and strategies that worked previously may not continue to do so.

Questionable Business Practices

Some elements suggest a less-than-ideal operational approach.

• Aggressive Marketing: The emphasis on “free” signals leading to paid subscriptions, coupled with testimonials focused purely on profit, is a common aggressive marketing strategy designed to hook inexperienced traders.
• Over-promising Returns: Phrases like “Make your right move, join our community of successful traders” and “Achieve your trading goals” without adequate warnings about the realities of market risk can be misleading.
• Inclusion of Binary Options: Actively promoting binary options, a product banned or heavily restricted in many reputable jurisdictions due to its gambling-like nature and high risk, is a significant ethical and practical concern.

In conclusion, while Fxprofitsignals.com offers various tools and promises of profit, the underlying speculative nature of its core service, combined with severe transparency issues and ethical red flags, makes it an unfavorable option.

The potential for financial loss is very high, and the engagement in activities akin to gambling Maysir and interest Riba renders it highly problematic.

Fxprofitsignals.com Alternatives

Given the significant ethical concerns surrounding Forex trading and binary options, particularly the elements of Riba, Gharar, and Maysir, seeking alternatives that align with ethical principles is paramount.

Instead of speculative ventures, focus on activities that create tangible value, involve legitimate exchange, and are grounded in real economic productivity.

Here are seven categories of ethical alternatives that can build wealth and skills:

1. Halal Investment Platforms Tupperwarebrands.com Review

   • Description: These platforms offer Shariah-compliant investment portfolios, typically investing in ethically screened stocks companies not involved in prohibited industries like alcohol, gambling, conventional finance, sukuk Islamic bonds, and real estate investment trusts REITs. They adhere to principles like avoiding interest Riba and excessive uncertainty Gharar.
   • Key Features: Automated investing, diversified portfolios, regular Shariah screening, Zakat calculation tools, transparency in holdings.
   • Pros: Fully compliant with ethical principles, professional management, long-term growth potential, relatively passive income.
   • Cons: Returns may be more modest than highly speculative ventures, but also more stable. limited direct control over individual investments.
   • Example: Wahed Invest, Amana Mutual Funds.

2. E-commerce & Dropshipping

   

   • Description: Building an online store to sell physical products. Dropshipping, a subset, involves selling products without holding inventory yourself. the supplier ships directly to the customer. This is a legitimate form of trade Bay’ and creates real economic value.
   • Key Features: Global reach, diverse product categories, scalable business model, direct customer interaction.
   • Pros: Legitimate income generation through trade, low startup costs for dropshipping, potential for high profits, builds entrepreneurial skills.
   • Cons: Requires significant marketing effort, customer service management, competition can be fierce, profit margins can be tight for dropshipping.
   • Example: Shopify, Etsy, Amazon FBA.

3. Freelancing & Digital Services

   • Description: Offering your skills and expertise as a service online. This can include web design, content writing, graphic design, programming, digital marketing, virtual assistance, and more. This is earning through legitimate work and value creation.
   • Key Features: Flexibility, ability to set your own rates, diverse client base, skill development, remote work opportunities.
   • Pros: Direct income for skills, low overhead, high earning potential for in-demand skills, building a portfolio and reputation.
   • Cons: Requires self-discipline, client acquisition can be challenging initially, income can be inconsistent, high competition.
   • Example: Upwork, Fiverr, Toptal.

4. Real Estate Investment

   • Description: Investing in physical properties to generate rental income or capital appreciation. This can involve direct property ownership, REITs Real Estate Investment Trusts, if Shariah-compliant, or crowdfunding platforms for real estate. This is investing in a tangible asset.
   • Key Features: Tangible asset, potential for passive income, inflation hedge, diversification from traditional markets.
   • Pros: Generally stable long-term asset, provides tangible value, can generate consistent cash flow, wealth preservation.
   • Cons: High initial capital requirement for direct ownership, illiquid hard to sell quickly, requires management, market fluctuations.
   • Example: Fundrise check specific offerings for Shariah compliance, local property investment.

5. Skill-Based Online Courses & Content Creation

   • Description: Creating and selling online courses, e-books, or premium content based on your expertise e.g., coding tutorials, language lessons, business strategies, creative arts. This involves creating intellectual property and providing educational value.
   • Key Features: Scalable income potential, builds personal brand, leverages existing knowledge, low ongoing costs once created.
   • Pros: Direct value provision, passive income stream after initial creation, reinforces your own expertise, impact on others.
   • Cons: Requires significant upfront effort to create content, marketing and audience building are crucial, quality and relevance need continuous updates.
   • Example: Teachable, Thinkific, Udemy.

6. Ethical Agri-business or Food Production

   • Description: Investing in or starting businesses related to sustainable agriculture, organic farming, or ethical food processing and distribution. This directly contributes to real economic needs and food security.
   • Key Features: Tangible product, addresses fundamental human needs, promotes sustainability, community impact.
   • Pros: Real economy contribution, potential for steady demand, promotes health and environmental responsibility, can be highly fulfilling.
   • Cons: Requires significant capital, susceptible to environmental factors, labor-intensive, regulatory complexities.
   • Example: Local community-supported agriculture CSA initiatives, urban farming, ethically sourced food products.

7. Software or App Development

   • Description: Developing and selling software applications, mobile apps, or SaaS Software as a Service solutions that solve real problems for users or businesses. This creates intellectual property and provides a valuable service.
   • Key Features: High scalability, recurring revenue potential for SaaS, innovation-driven, global market access.
   • Pros: High-profit margins once developed, addresses real market needs, builds valuable technical skills, potential for significant impact.
   • Cons: Requires specialized technical skills, competitive market, ongoing maintenance and updates, significant upfront development time.
   • Example: Creating a productivity app, a small business management tool, or a utility software.

These alternatives focus on tangible asset creation, service provision, and legitimate trade, steering clear of the speculative and interest-based activities that are problematic.

They encourage long-term wealth building through hard work, skill development, and ethical engagement with the economy.

How to Cancel Fxprofitsignals.com Subscription

If you’ve decided to cancel your Fxprofitsignals.com subscription, whether due to ethical concerns, unsatisfactory performance, or simply a change in your financial approach, the process typically involves accessing your account settings or directly contacting their support. Ibathuk.com Review

Since the website doesn’t explicitly detail a step-by-step cancellation process on its homepage, it’s safe to assume it follows standard online subscription management practices.

Locating Your Account Settings

The first place to look for cancellation options is within your personal account area on the Fxprofitsignals.com website.

• Login: Navigate to the Fxprofitsignals.com website and click on the “Login” link, usually located in the top right corner or a prominent navigation menu.
• Dashboard/Account Management: Once logged in, look for a “Dashboard,” “My Account,” “Subscriptions,” or “Billing” section. These areas typically contain details about your active subscriptions and options to manage or cancel them.
• Subscription Management: Within this section, you should find a list of your current subscriptions e.g., VIP, Premium, Premium Black. There should be an option to “Cancel,” “Manage Subscription,” or “Turn off auto-renewal.” This is often a one-click process.
• Confirmation: After initiating the cancellation, ensure you receive a confirmation email. Keep this email as proof of cancellation.

Contacting Customer Support

If you cannot find the cancellation option within your account settings, or if you encounter any issues, contacting Fxprofitsignals.com’s customer support directly is the next step.

• “Contact Us” or “Ask for advice! Do not hesitate to contact us!”: Look for a “Contact Us” page or a prominent call to action like “Ask for advice! Do not hesitate to contact us!” which is mentioned on their homepage.
• Email: The most common method of contact for signal providers. Compose a clear email stating your intention to cancel your subscription. Include your full name, the email address associated with your account, and your username if applicable. Request a confirmation of cancellation.
• Live Chat if available: Some websites offer live chat support. If Fxprofitsignals.com has this feature, it can be a quicker way to get assistance with cancellation.
• Support Ticket System: They might have a support ticket system where you can submit a request.

Key Information to Include in Your Cancellation Request:

• Your full name as registered on the site.
• The email address used for your Fxprofitsignals.com account.
• Your username if different from email.
• The specific subscription plan you wish to cancel e.g., VIP, Premium.
• A clear statement requesting cancellation of your subscription and confirmation that no further charges will be applied.

Important Considerations:

• Timing: Check the terms of service if available on their site regarding cancellation policies. Some services require cancellation a certain number of days before the next billing cycle to avoid being charged.
• Refunds: Understand their refund policy. Most signal providers do not offer refunds for partial subscription periods.
• Proof of Cancellation: Always keep records of your cancellation request e.g., screenshots of cancellation confirmations, copies of emails sent and received.
• Payment Method: If you have trouble canceling, or if charges continue despite cancellation, you may need to contact your bank or credit card provider to block future payments. However, always attempt to cancel directly with the service first.

By following these steps, you should be able to effectively cancel your Fxprofitsignals.com subscription.

Remember, stepping away from speculative activities like Forex and binary options is a positive move towards more ethical and sustainable financial practices.

How to Cancel Fxprofitsignals.com Free Trial

Canceling a free trial for a service like Fxprofitsignals.com is a critical step to ensure you don’t get automatically charged once the trial period ends.

While Fxprofitsignals.com heavily promotes its “START NOW for FREE” option, the mechanism for managing or canceling this free access is not explicitly detailed on the homepage.

Typically, free trials transition into paid subscriptions unless canceled. Crmsystems.net.au Review

Proactive Cancellation is Key

The most important advice for any free trial is to assume it will convert to a paid subscription and to set a reminder to cancel before the trial period expires if you do not wish to continue.

Step-by-Step Approach for Free Trial Cancellation

1. Review the Terms of the Free Offer: When you signed up for the “Free Forex signals,” there should have been terms and conditions presented. Crucially, look for details on:

   • The duration of the free trial.
   • Whether a payment method was required to activate the free trial and if so, what type of payment method.
   • The exact date when the trial converts to a paid subscription.
   • The steps required to cancel before conversion.

2. Login to Your Fxprofitsignals.com Account:

   • Go to the Fxprofitsignals.com website.
   • Click on the “Login” link usually in the top right corner.
   • Enter your registered email and password.

3. Navigate to Subscription or Billing Settings:

   • Once logged in, explore your account dashboard. Look for sections labeled “My Account,” “Settings,” “Subscriptions,” “Billing,” or “Manage Plans.”
   • These sections are where services typically list your active plans, including trial memberships, and offer options to modify or cancel them.

4. Look for a “Cancel Trial” or “Manage Free Plan” Option:

   • Within the relevant section, identify your “Free Signals” or “Free Plan” entry.
   • There should be a clear button or link such as “Cancel Trial,” “End Membership,” “Do Not Renew,” or “Manage Subscription.” Click on this option.
   • Follow any on-screen prompts. You might be asked for a reason for cancellation or confirmation.

5. Confirm Cancellation:

   • After completing the steps, always look for a confirmation message on the website or an email confirmation from Fxprofitsignals.com. This is your proof that the trial has been successfully terminated and you won’t be charged. Save this email.

What if I Can’t Find the Option?

If you cannot locate the cancellation option within your account, or if the process is unclear:

• Contact Customer Support Immediately: Use the “Contact Us” link or any provided support email address.

  • Clearly state that you are on a free trial and wish to cancel it before it converts to a paid subscription.
  • Provide your full name and the email address used for registration.
  • Request a confirmation of cancellation.

• Check Your Payment Method: If you provided credit card details for the free trial, monitor your statement closely for any charges after the trial period ends. If an unauthorized charge appears, contact your bank or credit card company immediately to dispute it.

Canceling a free trial is often simpler than canceling a full subscription, as the service is typically trying to entice you to stay. Bioware.me Review

However, being diligent and proactive is crucial to avoid unwanted charges.

Remember, the goal is to move towards financial practices that are ethically sound and transparent, rather than engaging in speculative ventures.

Fxprofitsignals.com Pricing

Fxprofitsignals.com employs a tiered pricing model for its signal services, designed to progressively offer more “premium” features and, presumably, higher quality or quantity of signals.

While specific dollar amounts are not listed on the publicly accessible homepage, the structure of their offerings indicates a clear path from free to increasingly expensive paid plans.

The Tiered Pricing Structure

The website categorizes its paid offerings into several distinct plans:

• FREE Signals: This is the entry point, offering basic Forex signals via Telegram and email. It’s intended to attract users and demonstrate the service’s capability, acting as a lead magnet for their paid tiers.
• VIP Subscription Plans: This is the first paid tier. The website states, “Receive the most profitable FOREX signals in real time through Telegram messenger and Email notifications.” It implies a higher frequency, accuracy, or exclusivity of signals compared to the free tier.
• FX Premium Plans: This tier sits above VIP, suggesting an even more comprehensive or advanced offering. Under this plan, the site mentions “Platinum signals instructions” alongside “VIP signals instructions,” indicating access to a broader range of signals or strategies.
• FX Premium Black Plans: This appears to be the highest and most comprehensive tier. It includes access to “VIP signals,” “Platinum signals,” and notably, “Binary Options signals instructions” and “Crypto Signals Results.” This suggests that the highest tier provides signals for multiple asset classes, including those considered highly speculative and ethically problematic.

What to Expect in Terms of Cost

While actual prices are withheld until potentially registering or inquiring, common pricing structures for similar Forex signal services include:

• Monthly Subscriptions: This is the most prevalent model, with prices ranging from $50 to $500+ per month, depending on the tier and the perceived value of the signals.
• Quarterly or Annual Discounts: Services often offer discounts for longer-term commitments, encouraging users to subscribe for several months or a full year upfront.
• One-Time Payments for Software/Indicators: Proprietary tools like Expert Advisors EAs or custom indicators e.g., GoldStar Indicator, FXPROFITSIGNALS EA, Fx COPY Software might be offered as separate, one-time purchases, or included as part of the highest-tier subscriptions. These can range from a few hundred dollars to several thousand.

Factors Influencing Price

The price points for signal services are typically influenced by:

• Claimed Performance: Services that boast high “pips” or “profitability” often charge more.
• Frequency of Signals: More signals per day or week can lead to higher prices.
• Asset Classes Covered: Signals for additional markets like gold, crypto, or binary options usually incur higher costs.
• Support & Community Access: Dedicated support, private forums, or direct access to analysts can justify higher prices.
• Proprietary Tools: Access to custom EAs, indicators, or copy trading software significantly adds to the cost.

The Hidden Cost: Risk and Ethical Concerns

Beyond the explicit monetary cost, the true “price” of subscribing to Fxprofitsignals.com or any similar service includes significant hidden costs, especially when considering ethical principles:

• Risk of Capital Loss: The most substantial cost is the potential for losing your trading capital. Trading, especially leveraged Forex and binary options, is inherently risky, and signal services cannot guarantee profits. The statistics show that a vast majority of retail traders lose money.
• Ethical Compromise: Engaging in activities that involve Riba interest, Gharar excessive uncertainty, and Maysir gambling carries a heavy ethical burden. The pursuit of quick, unearned wealth through speculative means can have long-term spiritual and financial repercussions, often leading to a lack of blessing in one’s earnings.
• Dependence: Becoming reliant on external signals can hinder the development of genuine trading skills and market understanding. This dependence can lead to significant losses if the signal provider becomes unreliable or ceases operations.
• Opportunity Cost: Money and time spent on speculative trading could otherwise be invested in ethical, productive ventures that yield tangible value and sustainable growth, such as ethical businesses, halal investments, or skill development.

Therefore, while Fxprofitsignals.com presents various pricing tiers, the more critical “price” to consider is the inherent risk and ethical compromise associated with the service’s core offerings.

Fxprofitsignals.com vs. Ethical Wealth Building

When we put Fxprofitsignals.com side-by-side with genuine ethical wealth-building strategies, the contrast is stark. It’s not just about different approaches. Hoxtontherapy.com Review

It’s fundamentally about differing philosophies on how wealth should be acquired and sustained.

Fxprofitsignals.com, deeply rooted in speculative trading, prioritizes quick gains from market fluctuations, whereas ethical wealth building emphasizes value creation, productive enterprise, and alignment with moral principles.

Fxprofitsignals.com: The Speculative Approach

• Mechanism: Focuses on Forex, binary options, and crypto signals—all highly volatile and speculative markets. It promotes profiting from price differences without tangible asset exchange or direct economic contribution.
• Underlying Principles:
  • Riba Interest: Inherent in rollover fees, swap costs, and implicit leverage financing.
  • Gharar Excessive Uncertainty: Pervasive due to unpredictable market movements and reliance on predictions. The future outcome of trades is uncertain, and often, the exact mechanism of profit generation is obscured.
  • Maysir Gambling: Particularly evident in binary options, which are essentially fixed-odds bets. Short-term Forex trading often functions as a zero-sum game, transferring wealth based on chance rather than productive effort.
• Source of “Profit”: Primarily from another trader’s loss, or from the flow of capital driven by market speculation rather than real-world economic activity.
• Risk Profile: Extremely high risk of capital loss, often amplified by leverage. Statistics consistently show that a large percentage of retail traders lose money in these markets.
• Sustainability: Unsustainable for the average individual. depends on consistently outsmarting the market, which is exceptionally difficult. The promises of consistent high “pips” often do not materialize for the end-user.
• Skill Development: While it offers some educational content, the reliance on signals can discourage genuine skill development in fundamental and technical analysis, fostering dependency rather than mastery.

Ethical Wealth Building: The Value Creation Approach

• Mechanism: Focuses on investing in tangible assets real estate, businesses, productive enterprises e-commerce, agriculture, providing legitimate services freelancing, consulting, or through ethical financial instruments Shariah-compliant funds, sukuk.
  • Avoidance of Riba: Investments are structured to avoid interest-based transactions.
  • Avoidance of Gharar: Focus on clear, tangible assets or services with transparent terms, minimizing excessive uncertainty. Risks are calculated and understood, rather than being purely speculative.
  • Avoidance of Maysir: Wealth is generated through legitimate effort, trade, partnership, or real economic growth, not through gambling on uncertain outcomes. There is no transfer of wealth simply based on chance.
• Source of Profit: From creating real value e.g., selling a product, providing a service, rental income from property, profit share from a business, or from the growth of a legitimate enterprise.
• Risk Profile: Risks exist in any venture, but they are typically quantifiable and tied to the underlying business fundamentals or asset performance. Generally lower and more manageable than speculative trading.
• Sustainability: Sustainable over the long term, as it’s built on fundamental economic principles of supply, demand, and value creation. It’s about building a foundation, not chasing quick windfalls.
• Skill Development: Encourages genuine skill development in business, marketing, finance, or specific trades, empowering individuals to create their own value and opportunities.

Direct Comparison Table Conceptual

Feature	Fxprofitsignals.com Speculative	Ethical Wealth Building Value Creation
Primary Goal	Quick profit from price movements	Sustainable growth, value creation, legitimate earnings
Ethical Alignment	Conflicts with Riba, Gharar, Maysir	Aligns with principles of honest trade, justice, and productivity
Source of Income	Speculation, price volatility, other traders’ losses	Product sales, service fees, rental income, business profits
Asset Involved	Currencies intangible, derivatives	Real estate, physical goods, intellectual property, human capital
Risk of Loss	Extremely High e.g., 70-90% retail traders lose money	Variable, but generally lower, manageable, and tied to fundamentals
Long-Term Outlook	Unpredictable, often unsustainable for individuals	Focus on compounding, steady growth, and financial independence
Skill Acquired	Market prediction, signal following limited	Business management, marketing, service delivery, investment analysis

In essence, while Fxprofitsignals.com offers an enticing shortcut with promises of “profit signals,” it leads down a path fraught with ethical perils and high financial risk.

The alternative—ethical wealth building—may require more patience and effort, but it offers a robust, sustainable, and morally sound foundation for financial well-being and a truly blessed livelihood.

Considering the “Trusted Broker” and “Binary Options” Elements

The Fxprofitsignals.com website prominently features a link to a “Trusted Broker” and repeatedly mentions “Binary Options,” even offering “Binary Options signals instructions.” These elements warrant a deeper dive, as they are significant indicators of the service’s operational approach and ethical standing.

The “Trusted Broker” Element

The presence of a “Trusted Broker” link immediately raises questions.

In the context of signal services, this often implies an affiliation or partnership where the signal provider earns a commission or referral fee for directing clients to that specific broker.

While affiliate relationships are common in many industries, in the context of high-risk speculative trading, it introduces potential conflicts of interest.

• Potential Conflict of Interest: If Fxprofitsignals.com receives compensation from the “Trusted Broker” based on client volume or activity, their incentive might be to encourage more trading, regardless of whether it’s profitable for the client. This can lead to excessive trading overtrading or encouragement to take on higher risks.
• Broker’s Legitimacy and Regulation: The critical question is whether this “Trusted Broker” is indeed reputable, fully regulated, and licensed in major financial jurisdictions. Many unregulated or poorly regulated brokers operate offshore, offering high leverage and lax account opening procedures, which can make it easier for clients to lose money and harder to retrieve funds or resolve disputes. A truly ethical service would recommend brokers based on their regulatory compliance, client fund segregation, and transparent fee structures, not on potential referral fees.
• Shariah Compliance of the Broker: Even if a broker is regulated, it’s highly unlikely they operate purely on a Shariah-compliant basis. Conventional brokers typically facilitate interest-based swaps, offer leveraged trading that can involve Riba, and do not filter assets based on ethical criteria. This makes any recommendation of a “trusted broker” problematic from an Islamic perspective, as using such a broker would inherently involve impermissible transactions.

The “Binary Options” Element

The repeated mention and offering of “Binary Options signals” is perhaps the most condemning aspect of Fxprofitsignals.com from an ethical standpoint.

Binary options are widely recognized as a form of gambling due to their inherent structure. Bitonline.io Review

• All-or-Nothing Payout: With binary options, you predict whether an asset’s price will go up or down within a very short timeframe e.g., 60 seconds, 5 minutes. If your prediction is correct, you get a fixed percentage of your investment back e.g., 70-85%. If it’s incorrect, you lose 100% of your investment. There are only two outcomes, making it functionally identical to a bet.
• No Ownership or Tangible Exchange: You never own the underlying asset, nor is there a real exchange of goods or services. It’s purely a wager on price direction.
• High Risk and Regulatory Bans: Due to their gambling-like nature and the high propensity for retail investors to lose money, binary options have been banned or severely restricted for retail traders in many major jurisdictions, including the European Union by ESMA, the UK by FCA, and Canada. This widespread regulatory action underscores the extreme risk and lack of ethical underpinning of these products.
• Maysir Gambling Red Flag: From an ethical perspective, binary options are a clear example of Maysir gambling. They involve speculation on an uncertain outcome with an all-or-nothing payout, where wealth is transferred based on chance rather than productive effort or genuine economic activity.
• Exacerbates Gharar: The short timeframes and high volatility of binary options further increase the excessive uncertainty Gharar, making the outcome highly unpredictable and random.

Conclusion on These Elements

The inclusion of a “Trusted Broker” link, likely with an affiliate incentive, alongside the explicit offering of “Binary Options signals,” solidifies the assessment that Fxprofitsignals.com engages in activities that are deeply problematic.

The “Trusted Broker” aspect implies a commercial relationship that may not prioritize the client’s best interest or ethical compliance.

The “Binary Options” feature unequivocally aligns the service with gambling Maysir, making it fundamentally incompatible with ethical wealth acquisition principles.

For anyone seeking to build wealth responsibly and ethically, these features alone should serve as a strong deterrent.

FAQ

What is Fxprofitsignals.com?

Fxprofitsignals.com is a website that provides Forex trading signals, educational content about Forex, and proprietary trading tools such as indicators, Expert Advisors EAs, and copy trading software, with options for free and various paid subscription plans.

Is Fxprofitsignals.com legitimate?

Based on the website’s presentation, Fxprofitsignals.com claims to offer legitimate trading signals and tools.

However, a significant lack of independent third-party audit for their “pips reached” results, absence of clear regulatory oversight, and the inclusion of high-risk, gambling-like binary options signals raise serious questions about its overall legitimacy and transparency.

Is Forex trading permissible?

Conventional Forex trading, especially speculative day trading and the use of leveraged positions and swap fees interest, is generally considered impermissible due to the presence of Riba interest, Gharar excessive uncertainty/speculation, and Maysir gambling.

What are the ethical concerns with Fxprofitsignals.com?

The primary ethical concerns stem from the nature of the services offered:

• Riba Interest: Swap fees and implicit interest in leveraged trading.
• Gharar Excessive Uncertainty: Speculating on unpredictable currency movements.
• Maysir Gambling: Particularly evident with binary options signals, which are akin to betting.

Does Fxprofitsignals.com offer free signals?

Yes, Fxprofitsignals.com offers free Forex signals via Telegram and email, which serves as an introductory offer to attract users before upselling their paid VIP, Premium, and Premium Black subscription plans. Loomsolar.com Review

What types of paid signals does Fxprofitsignals.com offer?

Fxprofitsignals.com offers several tiers of paid signals, including VIP, FX Premium, and FX Premium Black plans, which promise more frequent, accurate, or diverse signals, including for Forex, Gold, Binary Options, and Cryptocurrencies.

What is a “pip” in Forex trading?

A pip point in percentage is the smallest price movement a currency pair can make.

It’s the standard unit of measurement to express the change in value between two currencies.

For most currency pairs, a pip is the fourth decimal place 0.0001.

How does Fxprofitsignals.com claim its signals are generated?

The website states that their “experienced traders apply different manual trading strategies to the markets,” guided by technical indicators, to analyze and make decisions, which are then turned into BUY or SELL signals with entry point, stop loss, and possible targets.

Who is Matthew Addams, the “PRO Forex Trader” mentioned on the site?

Matthew Addams is mentioned as a “Senior Forex analyst” with 15 years of trading experience.

However, the website provides no verifiable credentials, independent trading history, or regulatory licenses for him, making it difficult to assess his claimed expertise.

Are binary options gambling?

Yes, binary options are widely considered a form of gambling.

They involve an all-or-nothing payout structure where you predict the direction of an asset’s price within a short timeframe.

There’s no ownership of the asset, and the outcome is binary win a fixed amount or lose your entire stake, resembling a fixed-odds bet. Adopteunecoque.com Review

Does Fxprofitsignals.com offer cryptocurrency signals?

Yes, Fxprofitsignals.com mentions “Crypto Signals Results” under its highest tier, the FX Premium Black Plans, indicating that they also provide signals for cryptocurrency trading.

What are Expert Advisors EAs or FX Robots offered by Fxprofitsignals.com?

Expert Advisors EAs, also known as FX Robots, are automated trading software programs designed to execute trades on behalf of the user based on pre-defined trading rules or algorithms.

Fxprofitsignals.com offers its own FXPROFITSIGNALS EA.

What is Fx COPY Software?

Fx COPY Software, mentioned on the site, is a copy trading tool.

It allows users to automatically replicate the trades made by the signal provider’s “PRO Forex Traders” directly in their own brokerage accounts.

How do I cancel my Fxprofitsignals.com subscription?

To cancel your Fxprofitsignals.com subscription, you should log into your account on their website and navigate to the “Subscriptions,” “Billing,” or “My Account” section to find a cancellation option.

If unavailable, contact their customer support directly via email.

Can I get a refund if I cancel my Fxprofitsignals.com subscription?

Refund policies for signal services vary.

Typically, partial subscription periods are non-refundable.

You would need to refer to Fxprofitsignals.com’s specific terms and conditions or contact their support to inquire about their refund policy. Prolink.ie Review

What are some ethical alternatives to Forex trading?

Ethical alternatives include halal investment platforms e.g., Wahed Invest, e-commerce and dropshipping businesses, freelancing and digital service provision, real estate investment, skill-based online courses, ethical agri-business, and software/app development.

Does Fxprofitsignals.com provide risk disclaimers?

While the inherent risks of trading are always present, the website’s homepage heavily emphasizes “profit” and “winning” without prominent, clear, and comprehensive risk disclaimers that are common with regulated financial services.

What is the “Trusted Broker” mentioned on Fxprofitsignals.com?

Fxprofitsignals.com links to a “Trusted Broker.” This often implies an affiliate relationship where the signal provider earns a commission for client referrals.

It’s crucial to independently verify the legitimacy, regulation, and ethical compliance of any recommended broker.

Are the testimonials on Fxprofitsignals.com verifiable?

The testimonials on Fxprofitsignals.com are text-based and lack independent verification.

There are no links to real social media profiles, audited trading accounts, or third-party review platforms, making it difficult to confirm their authenticity.

How long has Fxprofitsignals.com been active?

The website states, “FXProfitSignals.com has helped over 30,000 traders since 2016,” suggesting they have been operating since at least 2016.