
Based on checking the website Astrading.io, it appears to offer educational content and coaching related to trading, specifically focusing on Forex day trading.
However, engaging in Forex trading, even with educational support, often involves elements of speculation and interest-based transactions riba that are not permissible.
The site explicitly states it does not offer financial advice or investment services, focusing solely on education.
While learning about markets might seem appealing, the inherent structure of speculative trading, which relies on predicting future price movements rather than tangible assets, raises significant concerns.
The promise of “profit” and “earning 100,000 DKK in a month” from an “elev spotlight” directly implies financial gain from these activities, despite the disclaimer that “earlier results do not guarantee future results.” This strongly suggests a focus on speculative financial activities, which are generally discouraged due to their resemblance to gambling and the potential for riba through leverage and swaps.
Overall Review Summary:
- Purpose: Offers educational courses and coaching in Forex day trading.
- Ethical Standing: Highly questionable due to the speculative nature of Forex trading, which often involves elements of gambling gharar and interest riba.
- Transparency: Provides terms of service and privacy policy, but the core activity promoted trading for profit is problematic.
- Claims: Features testimonials of high profits, which, despite disclaimers, can create unrealistic expectations.
- Recommendation: Not recommended due to the inherent issues with speculative trading and its conflict with ethical financial principles.
Engaging with platforms like Astrading.io, which promote speculative trading, can lead to significant financial risk and is generally discouraged due to the potential for involvement in impermissible transactions.
The emphasis on generating profit through market analysis without using one’s own capital initially can be deceptive, as the ultimate goal is to apply these learned strategies to real capital.
Instead of focusing on high-risk speculative ventures, individuals seeking to enhance their financial literacy and build wealth should explore ethical and permissible avenues.
Here are some better alternatives for acquiring valuable skills and building a sustainable future:
-
Online Learning Platforms: Platforms like Coursera, edX, or Udemy offer vast libraries of courses on in-demand skills such as coding, data science, digital marketing, and project management. These skills are tangible, create real value, and can lead to stable, permissible income streams.
- Key Features: Wide range of subjects, flexible learning schedules, often includes certifications.
- Average Price: Varies from free courses to several hundred dollars for specializations.
- Pros: Develops practical skills, enhances career prospects, self-paced learning.
- Cons: Requires self-discipline, quality can vary between courses.
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Vocational Training Programs: Many community colleges and private institutions offer vocational training in trades like electrical work, plumbing, HVAC, or automotive repair. These provide hands-on skills with high demand.
- Key Features: Practical, hands-on training, often leads to direct employment.
- Average Price: Varies widely, from a few thousand to tens of thousands of dollars for full programs.
- Pros: High employability, tangible skills, often good earning potential.
- Cons: Can be time-consuming, requires physical presence for hands-on work.
-
Digital Marketing Courses: Learning digital marketing encompasses SEO, content creation, social media management, and online advertising. These are valuable skills for businesses of all sizes.
- Key Features: Focus on online business growth, highly adaptable, remote work potential.
- Average Price: From free introductory courses to thousands for comprehensive certifications.
- Pros: High demand, flexible work arrangements, supports ethical businesses.
-
Graphic Design Software Training: Mastering software like Adobe Photoshop, Illustrator, or InDesign allows for creation of visual content for businesses, branding, and personal projects.
- Key Features: Creative skill, supports various industries, freelance opportunities.
- Average Price: Software subscriptions vary, courses range from free to hundreds of dollars.
- Pros: High demand for visual content, artistic outlet, diverse applications.
- Cons: Can be steep learning curve for complex software, requires good design sense.
-
Web Development Bootcamps: These intensive programs teach coding languages HTML, CSS, JavaScript, Python and frameworks to build websites and web applications.
- Key Features: High-demand tech skill, structured learning, portfolio building.
- Average Price: Often several thousand dollars, but can lead to high-paying jobs.
- Pros: Excellent career prospects, problem-solving skills, remote work options.
- Cons: Very intensive, requires significant time commitment, can be mentally demanding.
-
Content Writing & Copywriting Courses: Developing strong writing skills for articles, blogs, marketing materials, and sales copy is essential for many businesses.
- Key Features: Focus on effective communication, versatile skill, freelance potential.
- Average Price: From free online resources to several hundred dollars for specialized courses.
- Pros: High demand for quality content, flexible work, can support ethical storytelling.
- Cons: Requires strong grammar and research skills, can be competitive.
-
Project Management Certifications: Certifications like PMP Project Management Professional teach methodologies to plan, execute, and close projects efficiently across various industries.
- Key Features: Organizational and leadership skills, applicable to any field.
- Average Price: Exam fees and course costs can total hundreds to thousands of dollars.
- Pros: Highly valued by employers, leads to leadership roles, systematic approach.
- Cons: Requires experience for some certifications, can be challenging exams.
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.
Astrading.io Review & First Look
Based on an initial review of the Astrading.io website, it presents itself as an educational platform focused on teaching individuals how to trade, particularly in the Forex market.
The core promise revolves around empowering users to “analyze the market and develop their own approach – without using their own capital” initially, and to “gain confidence in the market – without guesswork.” It explicitly states an aim to help users “avoid expensive lessons – use my mistakes as a shortcut.” The website emphasizes the creation of a personal strategy that “actually creates profit.” This immediately raises a red flag from an ethical standpoint, as the primary objective advertised is financial gain through speculative market activities.
The platform offers a masterclass, claiming to teach how “everyone can become a profitable trader,” and to “create your own personal strategy” leading to profitability. While the website states that AS Trading offers “exclusively educational content and personal coaching” and “does not provide financial advice or investment services,” the very nature of teaching individuals to become “profitable traders” in a speculative market inherently guides them towards activities that often involve elements of gharar excessive uncertainty or risk, akin to gambling and riba interest. For instance, Forex trading frequently utilizes leverage, which is a form of interest-based borrowing to control larger positions, and also involves overnight swap fees, which are essentially interest payments. Therefore, while the direct service is education, the practical application it encourages is problematic.
The website also mentions an “AS Trading Community” for “those who are passionate about changing their everyday life for the better,” offering 12+ months of personal help, weekly market analyses, and free access to future material.
It highlights a student named Marc who, “after only 8 months, is a profitable trader who earns an average of 100,000 DKK per month.” This testimonial, despite the accompanying disclaimer that “results are 100% individual – past results do not guarantee future results,” serves to entice potential users with the prospect of significant financial returns, further solidifying the speculative nature of the platform’s core offering.
From an ethical perspective, promoting such activities, even in an educational context, can lead individuals down a path that conflicts with principles of ethical finance, which prioritize real asset-backed transactions and discourage speculation and interest.
The Underlying Issues with Trading Education
While education is generally beneficial, the context of “trading education” on platforms like Astrading.io is crucial. The goal isn’t just financial literacy but to enable participants to actively engage in speculative trading. This distinction is vital. Speculative trading, particularly in Forex, shares characteristics with gambling due to the high degree of uncertainty and the zero-sum nature where one’s gain is often another’s loss, without the creation of tangible value. Furthermore, the mechanisms often employed in Forex, such as leverage and swap fees, directly involve riba interest, which is strictly prohibited. For instance, according to a 2023 report by the Bank for International Settlements BIS, the global foreign exchange market turnover averaged $7.5 trillion per day, with a significant portion being speculative, highlighting the sheer scale of the activity.
Discrepancy Between Disclaimer and Promotion
The website clearly states: “AS Trading offers exclusively educational content and personal coaching.
We do not provide financial advice or investment services.
All activity takes place at your own risk.” This is a standard disclaimer in the financial education space. Skippersonline.net Review
However, it sits uneasily with the prominent testimonials and the overall messaging that focuses on achieving “profit” and becoming a “profitable trader.” When a platform’s primary marketing hook is the potential for earning substantial income through a specific activity, it implicitly endorses that activity as a viable and desirable financial path, even if it explicitly disclaims financial advice.
This creates a cognitive dissonance for the user, where the disclaimer might be legally sound but the marketing implicitly suggests a different reality.
The focus on transforming “everyday life” through trading results is a strong persuasive element that undercuts the “education only” stance.
Lack of Real-World Value Creation
Ethical financial endeavors emphasize the creation of real value.
This means producing goods, offering legitimate services, or investing in tangible assets that contribute to economic growth and societal well-being.
Speculative trading, especially short-term day trading in markets like Forex, primarily involves profiting from price fluctuations rather than contributing to productive economic activity.
It’s akin to moving money around rather than generating new wealth.
While some trading serves legitimate functions like hedging and facilitating international trade, the kind of “profitable trading” promoted by such educational platforms often falls into the highly speculative category, which is devoid of real economic output and relies on capturing existing wealth.
Astrading.io Pros & Cons
When evaluating Astrading.io, it’s important to consider both its purported benefits and its significant drawbacks, particularly from an ethical standpoint.
Potential Benefits from the website’s perspective, before ethical consideration
- Structured Learning Path: The website outlines a detailed curriculum, including modules on “The Fundamentals,” “Psychology,” “How to read the Charts,” “Risk Management,” “Management,” “Strategier,” “Kapitaltilførsel,” and “Execution.” This suggests a systematic approach to teaching trading.
- Community Support: The “AS Trading Community” offers “12+ Måneders personlig hjælp og sparring,” “Ugentlige markedsanalyser,” and a “Dedicated Community” where “engagerede individer… dagligt deler den erfaring og viden.” This provides a collaborative learning environment.
- Personalized Coaching: The mention of “coaching af Alex” and “Personlig adgang 24/7” implies one-on-one or close mentorship, which can be valuable in complex subjects.
- Free Masterclass and Meeting: The offer of a “gratis masterclass” and the option to “Book et gratis møde med mig” lowers the barrier to entry for potential students to learn more about the program without immediate financial commitment.
Significant Concerns Cons, especially from an ethical perspective
- Promotion of Speculative Trading: The fundamental nature of Forex day trading, which Astrading.io teaches, is highly speculative. This involves profiting from short-term price movements, which is often seen as gharar excessive uncertainty and can resemble gambling.
- Involvement with Riba Interest: Forex trading frequently involves leverage, which is essentially borrowing money to control larger positions. This borrowing typically incurs interest, known as “overnight swap fees,” making the activity riba-based. Furthermore, trading on margin involves implicit interest.
- Misleading Profit Expectations: While disclaimers are present, the prominent “Elev spotlight” showcasing a student earning “100,000 DKK in a month” creates unrealistic expectations. Such testimonials, despite warnings, can entice individuals to risk capital they cannot afford to lose, leading to significant financial hardship. A 2022 report by the Financial Conduct Authority FCA in the UK revealed that 80% of retail investors lost money trading CFDs Contracts for Difference, a product similar to Forex in its speculative nature.
- Lack of Tangible Value Creation: Forex trading, particularly day trading, does not create new wealth or value in the real economy. It involves transferring existing wealth based on market fluctuations, which is fundamentally different from investing in productive assets or businesses that provide goods and services.
- Risk of Financial Loss: The inherent volatility and complexity of financial markets mean that a significant number of retail traders lose money. The website’s promise to help users “avoid expensive lessons” by using the creator’s “mistakes as a shortcut” is an appealing narrative, but it does not mitigate the high risk of personal financial loss.
- No Regulatory Oversight for “Education”: While Astrading.io might not fall under financial regulation as it claims to offer only education, this also means there is no regulatory body overseeing the quality or ethical implications of the trading strategies taught. Unlike regulated financial advisors, educational platforms operate with less oversight.
Astrading.io Alternatives
Given the significant ethical concerns surrounding the speculative nature of Forex trading and its potential involvement with riba, it’s imperative to explore alternative pathways for skill development and income generation that are permissible and contribute positively to society. Instead of pursuing high-risk, non-value-adding activities like speculative trading, focus on acquiring tangible skills that create real value and offer sustainable income. These alternatives align with ethical principles by fostering genuine economic activity and providing services or products that benefit others. Myninja.ai Review
Here are some ethical and productive alternatives to consider:
1. Online Learning Platforms e.g., Coursera, edX
Instead of learning speculative trading, invest in acquiring certified skills that are in high demand in the real economy.
Platforms like Coursera and edX partner with universities and companies to offer courses, specializations, and degrees in fields such as data science, programming, digital marketing, project management, and business analytics.
These skills lead to legitimate job opportunities or enable ethical entrepreneurial ventures.
- Key Features: Wide range of subjects, university-level content, flexible schedules, verifiable certificates.
- Benefits: Develops practical, marketable skills. enhances professional credentials. allows for career pivots.
- Why it’s better: Focuses on skill acquisition that creates real economic value e.g., building software, analyzing data for businesses, marketing ethical products.
- Online Learning Platforms
2. Vocational Training & Skilled Trades
Learning a skilled trade provides a tangible service or product and is often in high demand.
Examples include plumbing, electrical work, carpentry, HVAC repair, or automotive mechanics.
These professions involve physical labor and practical problem-solving, contributing directly to the infrastructure and maintenance of society.
- Key Features: Hands-on training, often leads to immediate employment, consistent demand.
- Benefits: Stable income, contributes to essential services, builds valuable practical expertise.
- Why it’s better: Directly provides a necessary service or creates a tangible product, aligning with principles of permissible livelihood.
- Vocational Training Programs
3. Digital Marketing and Content Creation
Developing expertise in digital marketing SEO, content writing, social media management, email marketing allows you to help ethical businesses reach their audience and grow.
Similarly, content creation writing, video production, graphic design for legitimate purposes provides value through information, education, or entertainment. Skinomat.com Review
- Key Features: Highly versatile, in-demand for all businesses, potential for freelance or remote work.
- Benefits: Supports real businesses, creative outlet, flexible work environment.
- Why it’s better: Enables growth for ethical enterprises, creates valuable information or artistic content.
- Digital Marketing Courses
4. Software Development and Coding Bootcamps
Coding is a foundational skill in the modern economy.
Bootcamps teach languages like Python, JavaScript, or frameworks for web and mobile app development.
This skill set enables the creation of software solutions, websites, and applications that solve real-world problems.
- Key Features: Intensive, project-based learning, strong career prospects, often leads to high-paying jobs.
- Benefits: Builds problem-solving skills, creates tangible digital products, high demand across industries.
- Why it’s better: Focuses on building, innovating, and providing functional solutions.
- Web Development Bootcamps
5. Entrepreneurship and Small Business Management
Instead of trying to profit from existing market movements, learn how to build your own ethical business.
This involves understanding market needs, developing a product or service, marketing, and managing operations.
This path emphasizes value creation, employment generation, and direct service to the community.
- Key Features: Comprehensive business skills, direct impact, potential for independence.
- Benefits: Opportunity to create jobs, solve problems, build long-term wealth through legitimate means.
- Why it’s better: Focuses on real economic activity, provides goods or services, and contributes to the economy in a tangible way.
- Small Business Management Books
6. Accounting and Bookkeeping Courses
Understanding finance from a practical, real-world perspective, such as accounting or bookkeeping, provides essential skills for managing personal finances or helping businesses remain compliant and organized.
This is about legitimate financial management, not speculation.
- Key Features: Foundational business skill, high demand for financial compliance.
- Benefits: Enables responsible financial management, provides a valuable service to businesses, stable career.
- Why it’s better: Deals with real assets and liabilities, focuses on accurate financial record-keeping rather than speculative gains.
- Accounting Textbooks
7. Real Estate Investment Ethical Models
While some real estate practices can involve impermissible elements, ethical real estate investment focuses on acquiring tangible property e.g., residential or commercial buildings for rental income or long-term appreciation based on real economic growth and utility.
This involves a tangible asset, providing a necessary service housing, commercial space. Shop.westerndigital.com Review
- Key Features: Investment in tangible assets, potential for passive income, long-term wealth building.
- Benefits: Provides housing/commercial space, can be a stable asset, contributes to community development.
- Why it’s better: Involves tangible assets and real economic utility, contrasting with purely speculative financial instruments.
- Real Estate Investment Books
How to Cancel Astrading.io Subscription
Since Astrading.io positions itself as an educational and coaching service, its subscription or enrollment process would likely involve a payment agreement for access to its courses, community, and personal coaching.
While the website’s homepage doesn’t provide a direct “cancel subscription” button, it does link to “handelsbetingelser, inkl.
Refundering og privatlivspolitik” terms of service, including refund and privacy policy. This is the primary document to consult for specific cancellation procedures.
Locating the Terms of Service
The terms of service are typically the most important document detailing subscription agreements, cancellation policies, and refund eligibility.
On the Astrading.io homepage, links to “handelsbetingelser” terms of service and “privatlivspolitik” privacy policy are clearly visible at the bottom of the page. It’s crucial to review these documents thoroughly. These links lead to:
Standard Cancellation Procedures
Based on industry standards for online educational platforms, common cancellation methods often include:
- Contacting Support Directly: The most common method. The Astrading.io website lists an email address:
[email protected]
and a phone number:+45 20 42 44 91
. Sending a clear, written request to cancel your subscription via email is advisable, as it creates a paper trail.- Actionable Step: Compose an email stating your clear intent to cancel, including your full name, the email address used for enrollment, and any other relevant account identifiers.
- Account Settings Portal: Many platforms have a “My Account” or “Settings” section where users can manage their subscriptions. However, Astrading.io’s visible homepage content does not explicitly show such a portal for subscription management, suggesting direct contact might be the primary method.
- Reviewing Refund Policies: The terms of service will outline any refund eligibility, especially if cancellation occurs shortly after enrollment or during a specified trial period. Some platforms offer pro-rata refunds, while others have strict no-refund policies after a certain period or if certain course content has been accessed.
Key Information to Look For in Terms of Service
When reviewing Astrading.io’s terms of service for cancellation details, pay close attention to:
- Cancellation Notice Period: Some services require a certain number of days’ notice before the next billing cycle.
- Refund Policy: Conditions under which a refund full or partial is issued. This is particularly important if you are trying to cancel shortly after signing up.
- Access After Cancellation: Whether you retain access to the course material for a certain period after cancellation.
- Contact Method for Cancellation: The precise method required for cancellation e.g., email, specific form, phone call.
For instance, the terms of service might state something similar to: “Cancellation requests must be submitted in writing via email to [email protected]
at least 7 days before the next billing cycle.
Refunds are processed according to our 14-day money-back guarantee, provided less than 20% of the course content has been accessed.” This is a hypothetical example, the actual terms would be on their site.
It’s always recommended to keep records of your cancellation request, including dates, times, and any confirmation numbers received. Magius.com Review
How to Cancel Astrading.io Free Trial
The Astrading.io website mentions “Deltag gratis i min gratis masterclass d.
20-21-22 Maj” Participate for free in my free masterclass on May 20-21-22. This implies a free event or an introductory period rather than a traditional “free trial” tied to a recurring subscription that automatically converts.
A “free trial” usually means temporary access to a paid service which then automatically bills you if not canceled.
Given the “masterclass” format, it’s more likely a free introductory event designed to convert participants into paid students for the full “forløb” program.
Understanding the “Free Masterclass”
The term “masterclass” suggests a limited-time, live event or a set of pre-recorded introductory sessions.
The website provides links like “Deltag gratis her” Participate for free here which directs to https://masterclass.alexschmeichel.com/
. This dedicated subdomain for the masterclass indicates it’s a separate entry point.
Based on the typical model for such offerings:
- No Automatic Enrollment: A “free masterclass” or free introductory session usually does not require payment details upfront and therefore doesn’t automatically enroll you into a paid subscription. You attend the free content, and then you are presented with an offer to join the full paid program.
- No Cancellation Needed for “Free Trial”: If it’s a truly free introductory event, there’s no “trial” to cancel. Your participation simply ends, and you decide whether to proceed with a paid enrollment. If you don’t explicitly sign up for a paid program after the masterclass, no action is needed to “cancel” anything.
What to Do If You Provided Information
If during the registration for the free masterclass, you were asked for any payment information which is less common for genuinely free events but can happen for verification or future billing pre-authorization, you should:
- Check Your Bank Statements: Monitor your bank or credit card statements for any unauthorized charges.
- Review Registration Terms: Carefully read the terms and conditions you agreed to when signing up for the free masterclass. This document would specify if there were any auto-enrollment clauses or implicit commitments.
- Contact Astrading.io Directly: If you have concerns about potential future charges or if you believe you inadvertently signed up for something beyond the free masterclass, contact their support at
[email protected]
or+45 20 42 44 91
to confirm your status and ensure no recurring charges are set up. Clearly state that you only intended to participate in the free masterclass and do not wish to be enrolled in any paid programs.
In general, for genuinely free introductory content like a masterclass, the “cancellation” isn’t an active process but rather a decision not to proceed with the paid offering. Your access to the free content simply concludes.
Astrading.io Pricing
The Astrading.io website, as reviewed, does not explicitly list the pricing for its main “forløb” program or community access directly on the homepage. Wizcase.com Review
This is a common practice for high-ticket online courses or coaching programs, where the price is revealed after an initial consultation or a free introductory session.
Indications of Pricing Structure
The website mentions:
- “Deltag gratis i min gratis masterclass”: This implies a free introductory event, not a paid trial.
- “Book et gratis møde med mig”: This “free meeting” is described as a “Video interview Et videomøde på 20-30 minutter, hvor vi gennemgår processen.” It also states, “Efter en evaluering om hvorvidt du passer ind i mit forløb, vil jeg vende tilbage.” This suggests a personalized sales approach, where pricing and program details are likely discussed during this consultation after an evaluation of the prospective student.
This sales funnel often involves:
- Free Lead Magnet: The masterclass or free training video to attract interested individuals.
- Consultation/Discovery Call: The free meeting to assess the prospect’s needs, explain the program in detail, and present the pricing.
- Enrollment: After the consultation, the prospect is invited to enroll in the full program.
Why Pricing Might Not Be Publicly Advertised
There are several reasons why online courses, especially those with a high-value or coaching component, might not display prices publicly:
- Value-Based Selling: By discussing the program’s benefits and tailoring the pitch to individual needs during a call, the creator can justify a higher price based on perceived value.
- Tiered Pricing: The program might have different tiers or packages e.g., basic access, premium with more personal coaching, lifetime access, making a single price point difficult to advertise.
- Competitive Reasons: Not revealing pricing keeps competitors from easily benchmarking.
- Qualifying Leads: The consultation helps filter out individuals who are not serious or not a good fit for the program, saving time for the creator.
Estimating Potential Costs
Given the claims of “12+ Måneders personlig hjælp og sparring,” “50+ trin for trin videoer,” and “Dedikeret Community,” and the emphasis on helping individuals become “profitable traders,” such a program is likely to be a significant investment. Online coaching programs focusing on niche skills, especially those promising high financial returns, can range from several hundred to several thousand US dollars or equivalent in DKK for a comprehensive program or yearly access. For example, similar extensive trading education programs in the market often cost anywhere from $1,000 to $10,000 or more, depending on the duration, level of personal access, and perceived expertise of the instructor. The “12+ months of personal help” strongly suggests a multi-month or annual commitment.
To get the actual pricing, interested individuals would need to participate in the free masterclass and then book the free meeting, where the full program details and associated costs would be disclosed.
Astrading.io vs. Competitors
While Astrading.io focuses on Forex day trading education, it’s crucial to understand how it stands in comparison to other platforms that also offer financial education or teach skills for wealth creation, particularly from an ethical standpoint.
Given the ethical concerns surrounding speculative trading, direct “competitors” that promote similar activities are problematic.
Instead, we’ll contrast Astrading.io with truly ethical and permissible avenues for skill development and financial well-being.
Astrading.io: The Speculative Model
- Focus: Forex day trading education and coaching.
- Ethical Concerns: Promotes speculative activity similar to gambling, potential for riba through leverage and swap fees, does not create tangible value.
- Marketing: Emphasizes potential high profits e.g., 100,000 DKK/month testimonial, despite disclaimers.
- Delivery: Online videos, community, personal coaching, masterclasses.
- Risk: High financial risk for participants if they apply learned strategies to real capital.
Ethical Alternatives: The Value Creation Model
These alternatives prioritize skills that generate real economic value, foster ethical businesses, and offer sustainable, permissible income without engaging in speculation or interest-based transactions. Mybirdbuddy.com Review
1. General Online Education Platforms e.g., Coursera, edX, Udemy
- Focus: Diverse range of skills e.g., programming, data science, digital marketing, project management, design, language learning.
- Ethical Alignment: Teaches skills that lead to real jobs, entrepreneurial ventures, or direct value creation. No inherent connection to speculative finance or interest.
- Approach: Structured courses, specializations, certifications, from reputable institutions.
- Value Proposition: Empowers individuals to develop skills that are genuinely useful in various industries, leading to stable and ethical livelihoods. According to a 2023 report by Coursera, 87% of learners reported career benefits, including promotions, new jobs, or raises, after completing a course.
- Contrast: Astrading.io teaches how to extract money from markets, while these platforms teach how to create value that others will pay for.
2. Vocational Training & Skilled Trades Programs e.g., Community Colleges, Trade Schools
- Focus: Hands-on training in specific trades e.g., electrician, plumber, carpenter, IT support, nursing assistant.
- Ethical Alignment: Directly provides essential services or builds tangible assets. Income is earned through skill and labor, not speculation.
- Approach: Practical, applied learning with certifications or licenses.
- Value Proposition: Equips individuals with in-demand, practical skills that lead to reliable employment and contribute to society’s infrastructure. The U.S. Bureau of Labor Statistics projects growth in many skilled trades well into the next decade, indicating consistent demand.
- Contrast: Astrading.io offers abstract market analysis. vocational schools offer concrete, hands-on expertise in tangible fields.
3. Entrepreneurship & Business Development Programs e.g., SBA resources, local business incubators
- Focus: Guiding individuals through the process of starting and growing their own ethical businesses.
- Ethical Alignment: Encourages creating new products/services, solving real problems, generating employment, and fostering fair trade. Avoids interest-based financing by promoting cash flow management, equity partnerships, or permissible financing.
- Approach: Mentorship, business planning, market research, funding strategies often including permissible options.
- Value Proposition: Develops leadership, innovation, and strategic thinking, leading to sustainable wealth creation through productive means. A 2022 report by the Kauffman Foundation noted that new businesses create nearly two-thirds of net new jobs in the U.S. economy.
- Contrast: Astrading.io focuses on individual speculative gains. entrepreneurship fosters collective value creation and economic growth.
4. Financial Literacy & Halal Investment Education e.g., Islamic finance institutions, reputable financial advisors
- Focus: Education on sound personal finance, budgeting, debt management, and understanding permissible investment vehicles e.g., real estate, equity in ethical companies, halal mutual funds.
- Ethical Alignment: Emphasizes long-term, asset-backed investments, avoiding riba, gharar, and investments in prohibited industries. Promotes responsible wealth management and giving back to the community.
- Approach: Educational content, seminars, personalized advice from certified professionals specializing in ethical finance.
- Value Proposition: Builds genuine financial independence and security through morally sound and sustainable practices.
- Contrast: Astrading.io encourages risky, short-term speculation for quick profits. ethical financial literacy promotes long-term, stable, and morally sound wealth building.
In summary, while Astrading.io aims to teach market participation, its focus on speculative Forex day trading aligns it with activities that carry significant ethical and financial risks.
The alternatives presented offer pathways to genuine skill acquisition, value creation, and sustainable financial well-being, which are far more aligned with principles of ethical conduct and long-term prosperity.
FAQ
What is Astrading.io primarily offering?
Astrading.io is primarily offering educational content and personal coaching related to Forex day trading, aiming to teach individuals how to analyze markets, develop strategies, and potentially become “profitable traders.”
Is Forex day trading permissible ethically?
No, Forex day trading often involves significant ethical concerns.
It frequently includes elements of speculation gharar, similar to gambling and interest-based transactions riba through leverage and swap fees, which are generally not permissible.
Does Astrading.io provide financial advice?
No, Astrading.io explicitly states on its website that it offers “exclusively educational content and personal coaching” and “does not provide financial advice or investment services.” All activity takes place at the user’s own risk.
What is the purpose of the “free masterclass” offered by Astrading.io?
The free masterclass appears to be an introductory event designed to attract potential students, showcase the instructor’s approach, and serve as a lead magnet to encourage enrollment in the full paid program.
How does Astrading.io claim to help beginners?
Astrading.io claims to be suitable for both beginners and experienced individuals, offering a program that provides “the necessary tools, strategies and support to understand the market” and a “step-by-step plan that removes guesswork and over-analysis.”
Does Astrading.io guarantee profits?
While Astrading.io features testimonials of profitable students, it includes a disclaimer that “results are 100% individual – past results do not guarantee future results.” The nature of trading means no profits can be guaranteed.
What kind of support does the AS Trading Community offer?
The AS Trading Community offers “12+ Måneders personlig hjælp og sparring,” weekly market analyses, free access to future material, and a dedicated community where members share experiences and can receive coaching from Alex, participate in webinars, Q&As, and competitions. Instaglobaltravel.com Review
What specific topics are covered in Astrading.io’s curriculum?
The curriculum includes modules on “The Fundamentals” Forex day trading basics, “Psychology” fears, greed, “How to read the Charts” Tradingview, candlesticks, market structure, “Risk Management,” “Management” record keeping, “Strategier” specific trading strategies, “Kapitaltilførsel” funding, and “Execution” entry/exit points.
How can I book a free meeting with the Astrading.io instructor?
The website provides a section where you can “Book et gratis møde med mig” Book a free meeting with me. This typically involves a 20-30 minute video interview to discuss the process and evaluate if you are a good fit for the program.
Is there a refund policy for Astrading.io?
Astrading.io links to “handelsbetingelser, inkl.
Refundering” terms of service, including refund. You would need to consult this document directly on their website for specific details on their refund policy.
Are there any red flags on the Astrading.io website?
A significant red flag is the prominent display of a testimonial showing high monthly profits, which, despite disclaimers, can create unrealistic expectations and encourage engagement in high-risk speculative activities that often fall outside ethical financial guidelines.
What is the contact information for Astrading.io?
Astrading.io lists its contact email as [email protected]
and a phone number as +45 20 42 44 91
.
Does Astrading.io teach how to trade with real money immediately?
The website states, “Lær at analysere markedet og udvikle din egen tilgang – uden at anvende din egen kapital,” implying that initial learning can be done without personal capital, but the ultimate goal is clearly to become a “profitable trader,” which would involve real capital.
Why is leverage in Forex trading ethically problematic?
Leverage allows traders to control larger positions with a smaller amount of capital, effectively borrowing funds.
This borrowing typically incurs interest swap fees, which is a form of riba.
It also amplifies both potential gains and losses, increasing financial risk. Hallcustomapparel.com Review
What alternatives are there to speculative trading for skill development?
Ethical alternatives include online learning platforms for tangible skills e.g., coding, digital marketing, vocational training programs for skilled trades, entrepreneurship, and comprehensive financial literacy education focused on permissible investments.
Does Astrading.io mention regulatory compliance for its educational services?
The website states it provides “exclusively educational content” and does not offer financial advice or investment services.
This classification generally means it operates outside the direct regulatory oversight of financial institutions.
How transparent is Astrading.io about its pricing?
The pricing for the main program is not directly displayed on the homepage.
It appears to be disclosed during a personalized consultation after a free masterclass or introductory meeting.
What kind of experience does the instructor, Alex, have?
The instructor, Alex, states he has been trading for “almost 6 years” and has helped friends and family.
He emphasizes that he achieved his knowledge without formal education beyond high school.
Can Astrading.io’s strategies be applied to other markets beyond Forex?
While the primary focus is Forex day trading, some fundamental market analysis concepts taught like chart reading, risk management could theoretically be applied to other financial markets, but the specific “strategier” mentioned are likely tailored to Forex.
What is the significance of the “18+” notice on the Astrading.io website?
The “18+” notice likely signifies that the content and implied financial activities are intended for adults.
This is a standard disclaimer for platforms involving financial or adult-oriented content, recognizing the legal age for entering into contracts or participating in financial markets. Clubohm.com Review
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