Tradingbeasts.com Review

Based on looking at the website, Tradingbeasts.com presents itself as a resource for individuals interested in Forex, cryptocurrency, commodities, and stock trading.

However, a significant concern from an Islamic perspective is the fundamental nature of these activities, which often involve elements of riba interest, gharar excessive uncertainty, and maysir gambling. While the site does feature an article titled “Is Forex Trading Halal or Haram?”, the very premise of promoting CFD and leveraged trading, which are rife with interest-based mechanisms and speculative risks, makes the platform problematic for a Muslim audience seeking truly ethical financial guidance.

The focus on high-risk, speculative trading instruments means that engaging with the core content and offerings on Tradingbeasts.com could lead users into impermissible financial transactions.

Here’s an overall review summary:

Website Focus: Reviews and comparisons of brokers for Forex, CFDs, cryptocurrencies, and commodities. educational content on trading strategies.
Key Offerings: Broker reviews e.g., Pepperstone, Exness, FP Markets, guides on trading various asset classes, market news, webinars, and expert opinions.
Ethical Concerns Islamic Perspective: High engagement with interest-based riba and speculative gharar, maysir financial instruments like Forex, CFDs, and leveraged trading. Despite mentioning “Islamic Accounts,” the underlying structure of these markets inherently clashes with Islamic finance principles.
Transparency: Provides disclaimers about capital risk and compensation from partners.
User Experience: Well-organized content, multi-language support.
Recommendation for Muslims: Not Recommended. The core activities promoted on the site speculative trading, leverage, CFDs are fundamentally misaligned with Islamic financial ethics, even if specific “Islamic accounts” are offered. These accounts often try to circumvent interest but may still involve other impermissible elements like excessive speculation. The potential for loss, coupled with the nature of the financial instruments, makes this a risky endeavor from an Islamic standpoint.

Instead of speculative trading platforms, consider these ethical alternatives for wealth building and financial growth, focusing on real assets, ethical investments, and productive economic activities:

Islamic Microfinance Institutions:
- Key Features: Provides small loans often Qard Hasan or Murabaha-based to entrepreneurs, often in underserved communities, fostering self-sufficiency and economic empowerment. Focuses on social impact alongside financial viability.
- Average Price: Varies based on loan type and repayment terms, often lower or no interest Qard Hasan.
- Pros: Directly supports productive economic activity, promotes social justice, aligns with Islamic principles of mutual aid and ethical finance.
- Cons: Returns may not be purely financial. involves higher administrative overhead.
Halal Investment Funds:
- Key Features: Invests in Sharia-compliant companies e.g., no alcohol, gambling, interest-based finance, or entertainment industries. Often managed by Islamic finance experts.
- Average Price: Management fees typically range from 0.5% to 2% annually, similar to conventional mutual funds.
- Pros: Diversified portfolio, professional management, adherence to ethical guidelines, passive income generation.
- Cons: Limited investment universe compared to conventional funds, performance may lag non-Sharia-compliant benchmarks in certain periods.
Real Estate Crowdfunding Sharia-Compliant:
- Key Features: Allows multiple investors to pool funds for Sharia-compliant real estate projects e.g., direct property ownership, ethical development.
- Average Price: Minimum investment can vary from a few hundred dollars to several thousand, with project-specific fees.
- Pros: Tangible asset investment, potential for rental income and capital appreciation, supports real economic development, lower entry barrier than direct property purchase.
- Cons: Illiquid investment, returns are tied to property market performance, requires due diligence on project and platform.
Ethical Savings Accounts:
- Key Features: Savings accounts that do not pay or charge interest riba, often based on profit-sharing Mudarabah or safekeeping Wadiah principles.
- Average Price: No direct cost. potential for profit-sharing if Mudarabah.
- Pros: Preserves capital ethically, adheres to Islamic banking principles, can be part of a broader financial plan.
- Cons: Lower or no fixed returns compared to interest-bearing accounts, fewer options available in non-Islamic countries.
Socially Responsible Investing SRI:
- Key Features: Broader than just Islamic finance, but often overlaps. Focuses on companies with positive environmental, social, and governance ESG practices. Can be screened for Islamic compliance.
- Average Price: Varies based on specific funds or investments. typically includes standard management fees.
- Pros: Promotes positive societal impact, aligns with broader ethical values, growing market, diversification potential.
- Cons: Performance can sometimes differ from conventional investments. requires careful screening to ensure Sharia compliance.
Productive Asset Ownership:
- Key Features: Direct investment in physical assets that generate income or have intrinsic value, such as agricultural land, rental properties, or small businesses.
- Average Price: Highly variable, from small business ventures to significant property investments.
- Pros: Direct control, generates real economic value, aligns with Islamic emphasis on tangible assets and productive labor.
- Cons: Requires significant capital and management effort, less liquid than financial instruments.
Venture Capital Sharia-Compliant:
- Key Features: Investing in new or growing businesses directly, often through equity partnerships Musharakah or Mudarabah rather than interest-based loans.
- Average Price: Typically higher entry points, ranging from thousands to millions, depending on the venture.
- Pros: High growth potential, direct support for innovation and entrepreneurship, aligns with risk-sharing principles in Islam.
- Cons: High risk of loss, long investment horizons, requires specialized knowledge and due diligence.

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.

Table of Contents

Tradingbeasts.com Review & First Look

Based on checking the website, Tradingbeasts.com immediately positions itself as an informative hub for online trading, covering a broad spectrum from Forex and Cryptocurrencies to Commodities and Stocks.

The site’s homepage is packed with various sections designed to guide users through the complexities of online trading.

You’ll find categories for “Best Brokers,” in-depth “Broker Reviews” for well-known platforms like Pepperstone, Exness, and eToro, and extensive “Main Guides” explaining concepts like Forex and CFD trading.

It even has sections dedicated to “Interesting content” like “Forex trading competitions” and “Top 10 Most Successful Forex Traders.”

However, when you pull back the curtain on the fundamental nature of the activities promoted, it’s clear there’s a significant ethical hurdle, particularly from an Islamic finance perspective. The core of Tradingbeasts.com’s content revolves around Forex and CFD Contract for Difference trading, which inherently involve leverage. This leverage mechanism means that traders can control large positions with a relatively small amount of capital, amplifying both potential gains and, more importantly, potential losses. This amplification is typically achieved through interest-based overnight financing charges riba, making it problematic. Furthermore, the very nature of speculative trading, particularly with CFDs, often blurs the line into maysir gambling and involves gharar excessive uncertainty due to the high volatility and unpredictable nature of these markets, where profits are often derived from another’s loss without a tangible exchange of goods or services.

While the site includes an article asking “Is Forex Trading Halal?”, and even reviews of “Islamic Accounts,” these attempts to address Sharia compliance often fall short when scrutinizing the underlying financial instruments and market structures.

An “Islamic Account” typically removes swap fees interest on overnight positions, but the fundamental speculative nature, the leveraging mechanism, and the absence of real asset ownership remain.

It’s akin to trying to make a forbidden substance palatable by changing its packaging.

For anyone prioritizing ethical financial conduct according to Islamic principles, the high-risk, speculative, and interest-laden environment of online trading platforms like those reviewed and promoted by Tradingbeasts.com should be approached with extreme caution, if not avoided entirely.

The site’s disclaimers, such as “Your Capital is at Risk” and “75.3% of retail CFD accounts lose money,” prominently displayed alongside links to brokers, serve as stark reminders of the inherent dangers. Remaxsolutions.com Review

While they are a legal requirement, they also underscore the reality that the vast majority of participants in these markets end up losing money.

This is a crucial point for anyone considering engagement, especially from an ethical viewpoint where financial well-being and avoidance of undue risk are paramount.

Understanding Forex and CFD Trading

Forex Foreign Exchange and CFD trading involve speculating on the price movements of various financial assets without actually owning the underlying asset. For instance, in CFD trading, you enter a contract with a broker to exchange the difference in price of an asset from the time the contract is opened until it is closed. If you predict correctly, you gain. if not, you lose. This model inherently involves gharar excessive uncertainty because the outcome is highly speculative and based on predicting future price movements rather than investing in a tangible, productive asset. Furthermore, these transactions often involve riba interest through overnight financing fees, even if labeled as “swap fees” or “rollover costs.”

The Problem of Leverage

Leverage is a double-edged sword that amplifies both profits and losses. While it allows traders to control large positions with a small amount of capital, it significantly increases the risk of substantial financial loss. For example, with 1:500 leverage, a trader can control $500,000 worth of currency with just $1,000. If the market moves against them by even a small percentage, their entire initial capital can be wiped out, and they might even owe more than their initial investment. This highly speculative and debt-laden nature, where losses can exceed initial capital, is highly discouraged in Islamic finance due to the excessive risk and potential for financial ruin. The concept of “capital at risk” is profound here. it’s not just risk, but excessive risk fueled by borrowed money.

The Gambling Element Maysir

Many scholars view Forex and CFD trading, particularly short-term or day trading, as akin to maysir gambling. In gambling, a gain for one party directly corresponds to a loss for another, with no productive economic activity or tangible asset exchange involved. When you trade CFDs, you’re essentially betting on a price movement. There’s no real ownership, and the gain comes from another’s loss in a zero-sum game, which is a hallmark of gambling. This is distinct from legitimate investments in real businesses or assets that contribute to the economy and generate profit through productive endeavors.

Ethical Alternatives for Wealth Building

For those seeking to build wealth in a manner consistent with Islamic principles, the focus shifts dramatically from speculation to real asset investment, ethical business, and productive economic activity. This means looking for opportunities that involve tangible assets, shared risk and reward away from fixed, interest-based returns, and contribution to the real economy.

Some key areas include:

Halal Equity Investments: Investing in Sharia-compliant stocks of companies involved in permissible industries, screened for ethical practices and low debt.
Real Estate: Direct ownership of properties for rental income or appreciation, or participating in Sharia-compliant real estate funds.
Ethical Trade and Commerce: Engaging in or supporting businesses that buy and sell real goods and services, upholding principles of fairness, transparency, and justice.
Musharakah and Mudarabah: Partnership agreements where profit and loss are shared, reflecting the true spirit of risk-sharing in Islamic finance, common in Islamic banking and investment.

These alternatives not only avoid the impermissible elements of speculative trading but also align with the broader Islamic emphasis on ethical conduct, community well-being, and sustainable economic growth.

The goal is to generate wealth through lawful, productive, and morally sound means, rather than through mechanisms that are inherently problematic.

Tradingbeasts.com Pros & Cons

When evaluating Tradingbeasts.com, it’s crucial to dissect its structure and offerings from an objective standpoint, especially keeping ethical considerations in mind. Thesouthernafricantimes.com Review

The platform is designed to be a comprehensive resource for online traders, but its inherent focus on speculative financial instruments introduces significant drawbacks that outweigh its potential benefits, particularly for individuals seeking financial practices aligned with Islamic principles.

The Illusion of Education vs. The Reality of Risk

Tradingbeasts.com prides itself on providing “educational articles and news” and “reviewing and comparing brokerage companies.” While the quantity of content is substantial, covering everything from “Forex and CFD trading explained” to “How to Trade Gold XAUUSD on MT5,” the nature of this education is fundamentally geared towards engaging in highly risky, speculative activities. It’s akin to a detailed guide on how to navigate a minefield – you might learn the mechanics, but the inherent danger remains.

Extensive Content Library: The site offers a vast array of articles, guides, and broker reviews. This can be seen as a “pro” for those looking for sheer volume of information on trading.
Broker Comparisons: It provides comparative analyses of various brokers, which could help a user differentiate between platforms based on features like spreads, leverage, and account types.
Multi-Language Support: The availability in multiple languages English, Deutsch, Arabic, etc. broadens its accessibility.

However, these points are overshadowed by the overarching “cons” which touch upon the very core of financial ethics and risk management.

The Fundamental Problems: Speculation, Riba, and Maysir

The primary “con” of Tradingbeasts.com is its promotion and detailed explanation of financial instruments that are broadly considered problematic in Islamic finance due to their association with riba interest, gharar excessive uncertainty, and maysir gambling.

Promotion of Interest-Based Instruments Riba: Forex and CFD trading, particularly when held overnight, almost always involve “swap fees” or “rollover costs.” These are essentially interest payments on the leveraged capital. While the site mentions “Islamic Accounts,” these often only remove overnight swap fees, not the underlying interest mechanisms within the broader financial ecosystem or the concept of borrowed money for speculation. The fundamental act of borrowing to multiply gains or losses through leverage remains problematic.
Excessive Uncertainty Gharar: Speculative trading, where the outcome is highly unpredictable and relies on mere price fluctuations rather than the underlying asset’s productive value, falls under the category of gharar. The overwhelming majority of retail traders as acknowledged by the site’s own disclaimers, stating that “75.3% of retail CFD accounts lose money” lose money, highlighting the extreme uncertainty. This isn’t just about risk. it’s about excessive and unnecessary risk in exchange for potential short-term gains, which is discouraged.
Gambling Maysir: The nature of short-term speculative trading, where profit is often derived from the loss of another participant without a tangible exchange of goods or services or any productive economic activity, strongly resembles gambling. It’s a zero-sum game where one’s gain is another’s loss, rather than a mutually beneficial transaction or investment in a real, productive venture.
Lack of Tangible Asset Ownership: In Forex and CFD trading, you never actually own the currency pair, commodity, or stock. You are merely speculating on price movements. Islamic finance emphasizes investment in tangible, real assets that contribute to the economy.
High Risk of Capital Loss: The disclaimers are stark: “Your Capital is at Risk.” The fact that a significant percentage of retail accounts lose money isn’t a mere statistical anomaly. it’s an inherent feature of these markets, designed to benefit the brokers and institutional players. This directly conflicts with the Islamic emphasis on preserving wealth and avoiding undue financial ruin.

In essence, while Tradingbeasts.com provides detailed information on how to engage in these types of trading, it does so for activities that are fundamentally misaligned with ethical financial principles. Therefore, from an Islamic perspective, the “cons” heavily outweigh any superficial “pros” related to information availability. The best advice here is to steer clear of engaging in these types of activities.

Tradingbeasts.com Alternatives

Given the ethical and practical concerns associated with the speculative trading promoted on Tradingbeasts.com, especially from an Islamic finance perspective, it’s essential to explore alternatives that align with principles of ethical investment, real asset ownership, and productive economic activity.

The focus shifts from high-risk, interest-laden speculation to genuine wealth creation through legitimate means.

Here are some robust alternatives that offer pathways to financial growth while adhering to ethical guidelines:

1. Halal Stock Market Investing Equity Funds

Key Features: Investing in publicly traded companies that adhere to Sharia principles. This means avoiding companies involved in alcohol, gambling, conventional banking interest-based, pornography, and certain entertainment industries. Companies are also screened for debt levels to ensure they don’t rely excessively on interest-based financing. Many Islamic equity funds offer diversified portfolios.
Price/Investment: Can vary widely, from a few hundred dollars for individual stocks via Sharia-compliant brokers to several thousand for diversified Halal mutual funds or ETFs. Brokerage fees are typically per trade, and fund management fees are annual percentages e.g., 0.5% – 1.5%.
Pros:
- Ethically Compliant: Strict adherence to Sharia screening criteria.
- Diversification: Funds offer exposure to various industries and companies, reducing individual stock risk.
- Real Ownership: Investors own a share of real companies that produce goods or services.
- Long-Term Growth: Focuses on long-term capital appreciation and dividends.
Cons:
- Limited Universe: The screening process limits the available investment options compared to conventional markets.
- Market Risk: Subject to stock market fluctuations.
- Requires Research: Even with funds, understanding the underlying holdings is crucial.
Where to find: Halal Investment Funds or specific Islamic robo-advisors like Wahed Invest.

2. Real Estate Investment Direct or Crowdfunded

Key Features: Direct purchase of properties residential, commercial, or land for rental income or capital appreciation. Alternatively, Sharia-compliant real estate crowdfunding platforms allow individuals to invest in specific real estate projects with smaller amounts, often based on profit-sharing Musharakah or Mudarabah.
Price/Investment: Direct property purchase requires significant capital tens of thousands to millions. Crowdfunding minimums can be much lower, often starting from $500 – $5,000 per project.
- Tangible Asset: Investment in a physical asset with intrinsic value.
- Income Generation: Potential for steady rental income.
- Inflation Hedge: Real estate often retains or increases in value during inflationary periods.
- Ethical: Directly contributes to real economic activity.
- Illiquid: Property can be difficult to sell quickly.
- High Capital Requirement Direct: Requires substantial upfront investment.
- Management Intensive Direct: Involves maintenance, tenant management, etc.
- Market Fluctuations: Real estate values can decline.
Where to find: Local real estate agents, Sharia-compliant crowdfunding platforms e.g., FundaMarkets, or SmartCrowd.

3. Ethical Business Ventures Musharakah & Mudarabah

Key Features: Instead of investing in financial instruments, participate directly in real businesses. This could be through a Musharakah partnership where both parties contribute capital and expertise, sharing profit and loss or Mudarabah one party provides capital, the other expertise, and profits are shared, while capital provider bears all loss.
Price/Investment: Highly variable, from supporting a local startup with a few thousand dollars to investing in larger projects.
- Direct Economic Contribution: Supports real entrepreneurial activity and job creation.
- Risk-Sharing: Aligns with Islamic principles of shared risk and reward.
- Innovation: Can support innovative new businesses.
- Potential for High Returns: Successful businesses can generate significant profits.
- High Risk: Small businesses have high failure rates.
- Illiquid: Capital is often tied up for extended periods.
- Requires Due Diligence: Thorough assessment of business plan and management is essential.
- Active Involvement: May require more active participation or oversight than passive investments.
Where to find: Local business incubators, angel investor networks, or direct networking within entrepreneurial communities. For conceptual understanding: Islamic Finance Books.

4. Halal Gold & Silver Investment Physical Assets

Key Features: Direct purchase and physical possession of gold and silver bullion or coins. This avoids the speculative and interest-laden aspects of paper gold or leveraged gold trading. Gold and silver have historically served as stores of value and hedges against inflation.
Price/Investment: Varies based on the amount purchased and current market prices. Minimums can be as low as buying a single coin $200-$2,000+.
- Tangible Asset: Real, physical commodity ownership.
- Inflation Hedge: Historically preserves purchasing power during economic instability.
- Global Liquidity: Easily convertible to cash worldwide.
- Ethically Compliant: When physically acquired and held, it avoids riba and gharar.
- Storage Costs/Security: Requires secure storage, which can incur costs.
- No Income Generation: Does not produce dividends or rental income.
- Price Volatility: Market prices can fluctuate.
- Transaction Costs: Spreads between buy and sell prices can be significant.
Where to find: Reputable bullion dealers e.g., JM Bullion, APMEX.

5. Islamic Microfinance Participation

Key Features: Investing in or supporting microfinance institutions that provide small, ethical loans often Qard Hasan or Murabaha to low-income individuals and entrepreneurs. This is less about personal financial gain and more about social impact and empowering communities.
Price/Investment: Can involve donations, ethical investments, or participation in specific funds focused on microfinance, often starting from small amounts.
- Social Impact: Direct positive impact on poverty alleviation and economic empowerment.
- Ethical Alignment: Aligns with principles of social justice and economic inclusion in Islam.
- Sustainable Development: Supports self-sufficiency and productive activities.
- Lower Financial Returns: Often yields lower or no direct financial returns compared to conventional investments.
- Higher Risk for investors: Loans to low-income individuals can carry higher default risks, though institutions manage this.
- Complexity: Understanding the operational model of microfinance institutions requires research.
Where to find: Organizations like Islamic Relief Worldwide, or specific Islamic microfinance funds.

These alternatives present a clear contrast to the speculative world of Forex and CFD trading.

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They emphasize substance over speculation, real value over fleeting price movements, and ethical conduct over pure profit maximization, ensuring that financial growth is pursued in a manner that is both responsible and permissible.

Tradingbeasts.com Cons

While Tradingbeasts.com offers a robust platform for information on Forex, CFD, and cryptocurrency trading, the core nature of these activities introduces significant drawbacks, particularly for those seeking ethical and sustainable financial practices.

The cons of Tradingbeasts.com stem directly from the inherent risks and questionable permissibility of the financial instruments it focuses on.

1. Promotion of High-Risk, Speculative Activities

The most glaring drawback is the website’s heavy emphasis on Forex and CFD trading. These instruments are notorious for their high risk and speculative nature.

Excessive Leverage: Tradingbeasts.com extensively covers leverage, a tool that amplifies both gains and losses. While it highlights its benefits, the inherent danger of leveraging positions means a small market movement against a trader can wipe out their entire capital, and potentially lead to losses exceeding the initial investment. This level of magnified risk is not conducive to stable wealth building and can lead to significant financial distress.
Zero-Sum Game Mentality: Much of speculative trading, especially short-term, functions as a zero-sum game. One trader’s profit often comes directly from another’s loss, without any real economic value being created. This contrasts sharply with ethical investment, which aims for mutual benefit and productive enterprise.
Data on Losses: The website itself prominently displays disclaimers like “75.3% of retail CFD accounts lose money.” This isn’t just a minor detail. it’s a stark warning that the vast majority of individuals engaging in these activities suffer financial losses. For any platform promoting financial strategies, a track record of overwhelming loss for its users is a critical red flag.

2. Issues with Islamic Finance Compliance Riba, Gharar, Maysir

Despite the presence of articles like “Is Forex Trading Halal or Haram?” and reviews of “Islamic Accounts,” the very foundation of the financial products discussed on Tradingbeasts.com clashes with fundamental Islamic finance principles.

Riba Interest: Forex and CFD trading often involve overnight swap fees, which are essentially interest charged on leveraged positions. Even if a broker offers a “swap-free” or “Islamic account,” the underlying market mechanisms and the concept of borrowing for speculative gain remain problematic. Islamic finance strictly prohibits any form of interest, whether charged or received.
Gharar Excessive Uncertainty: Speculative trading, particularly with CFDs, involves an excessive degree of uncertainty about the outcome. The lack of tangible asset ownership and the reliance on mere price prediction for profit or loss introduces an unacceptable level of gharar. Islamic transactions require clarity and certainty in contract terms and asset delivery.

3. Focus on Broker Marketing Over Independent Guidance

While the site reviews brokers, it also explicitly states, “The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.”

Conflict of Interest: This disclosure, while transparent, indicates a business model reliant on affiliate commissions from brokers. This can create a potential conflict of interest, where the recommendations or positive reviews might be influenced by compensation rather than solely by the user’s best interest.
Push Towards Engagement: The entire site is designed to funnel users towards engaging with these brokers and the speculative financial instruments they offer. The “educational” content often serves as a pathway to direct users to platforms where they are highly likely to lose money.

4. Lack of Emphasis on Real Economic Value Creation

The content on Tradingbeasts.com focuses almost exclusively on financial instruments that derive value from price movements and speculation, rather than from tangible assets or productive economic activity.

No Focus on Real Economy: There is little to no emphasis on investing in real businesses, productive assets, or ventures that contribute positively to the economy through manufacturing, services, or sustainable development. This contrasts with ethical finance, which prioritizes investments in real-world assets and sustainable enterprises.
Detachment from Ownership: Users are encouraged to trade “Contracts for Difference” or currency pairs, none of which involve actual ownership of an asset. This detachment from real economic participation is a fundamental ethical concern.

In summary, while Tradingbeasts.com might appear to be a helpful guide for those exploring online trading, its inherent promotion of high-risk, speculative, and ethically questionable financial instruments makes it a platform with significant drawbacks.

For anyone prioritizing responsible and permissible financial practices, its offerings should be approached with extreme caution, if not avoided altogether.

Given the significant ethical and financial risks associated with the speculative trading promoted on Tradingbeasts.com, particularly from an Islamic finance perspective, it is crucial to explore alternatives that foster genuine wealth creation, adhere to ethical principles, and contribute to the real economy. Propanegaswaterheaters.com Review

The focus shifts from fleeting price movements to tangible assets, productive enterprises, and shared prosperity.

1. Halal Stock Market Investing

Overview: This involves investing in publicly traded companies that operate in Sharia-compliant sectors e.g., technology, healthcare, manufacturing, real estate and meet specific financial screening criteria to avoid excessive debt or reliance on interest-based income.
Why it’s a better alternative: It aligns with Islamic principles of equity participation and shared risk-reward. Investors own a piece of a real business that produces goods or services, contributing to the broader economy. It avoids the interest-based leverage and excessive speculation inherent in Forex/CFD trading.
Key Aspects:
- Ethical Screening: Companies are vetted to ensure their primary business activities are permissible e.g., no alcohol, gambling, conventional banking, pornography.
- Financial Screening: Companies must meet criteria for debt levels and interest-based income to be considered Sharia-compliant.
- Diversification: Can be achieved through individual stock selection or by investing in Sharia-compliant ETFs or mutual funds.
- Long-Term Growth: Focuses on capital appreciation and dividends over time, promoting patient investing.
Where to find: Brokers offering Sharia-compliant stock screening tools, or specialized Islamic financial institutions and asset managers.
- Wahed Invest Robo-advisor for Halal investing
- Amanah Ventures Focused on ethical tech startups
- Halal ETFs Exchange Traded Funds

2. Real Estate Investment

Overview: Direct ownership of income-generating properties residential or commercial or participation in Sharia-compliant real estate investment trusts REITs or crowdfunding platforms.
Why it’s a better alternative: Real estate is a tangible asset that can generate stable rental income and appreciate in value over time. It represents a real contribution to the economy and avoids the speculative nature of derivatives.
- Tangible Asset: You own a physical asset, which aligns with Islamic emphasis on real economic transactions.
- Income & Appreciation: Potential for consistent rental income and long-term capital growth.
- Crowdfunding Options: Platforms that pool investor funds for Sharia-compliant real estate projects allow smaller investors to participate without buying an entire property.
- Economic Utility: Provides housing or commercial space, serving a real societal need.
Where to find: Local real estate agents, property investment companies, or Sharia-compliant real estate crowdfunding platforms.
- SmartCrowd Real estate crowdfunding
- Landa App Fractional real estate investing

3. Ethical Business Investments Direct Participation

Overview: Investing directly in, or partnering with, small and medium-sized enterprises SMEs that operate in permissible industries. This often takes the form of Musharakah joint venture with profit/loss sharing or Mudarabah profit-sharing, loss borne by capital provider.
Why it’s a better alternative: This is arguably the most authentic form of Islamic finance, emphasizing risk-sharing, entrepreneurial spirit, and direct contribution to the real economy. It contrasts sharply with debt-based or speculative financing.
- Direct Impact: You directly support job creation, innovation, and economic growth.
- Shared Risk & Reward: Profits and losses are shared according to pre-agreed ratios, embodying true partnership.
- Tangible Activity: Investment goes into real business operations, not abstract financial instruments.
- Community Development: Can foster local economies and empower entrepreneurs.
Where to find: Local business networks, crowdfunding platforms for ethical businesses, or private equity groups focused on Sharia-compliant ventures.
- SeedInvest For general startup investing, requiring individual due diligence for Sharia compliance
- AngelList Same as SeedInvest, requires careful screening

4. Halal Precious Metals Physical Gold & Silver

Overview: Investing in physical gold and silver bullion or coins, held in secure storage. This avoids the speculative nature of leveraged derivatives or paper contracts that are not fully backed by physical assets.
Why it’s a better alternative: Physical gold and silver are tangible stores of value, traditionally used as currency and hedges against inflation. Owning the physical asset avoids the interest and excessive uncertainty associated with paper trading.
- Tangible Asset: Actual ownership of precious metals, not merely a claim or a derivative.
- Wealth Preservation: Historically serves as a hedge against currency devaluation and economic instability.
- No Riba/Gharar: When purchased outright and physically possessed or held by a trusted third party on your behalf, it bypasses interest and excessive uncertainty.
- Liquidity: Gold and silver are highly liquid global assets.
Where to find: Reputable bullion dealers e.g., SD Bullion, Hero Bullion, or secure vaulting services.

5. Ethical & Islamic Microfinance Initiatives

Overview: Contributing to or investing in institutions that provide small, ethical loans often interest-free, known as Qard Hasan, or based on Murabaha/Ijara principles to low-income individuals and small businesses who lack access to conventional finance.
Why it’s a better alternative: This is a direct way to support productive economic activity and alleviate poverty, aligning with Islamic principles of social justice and empowering the needy. It’s focused on real-world impact and community development.
- Social Impact: Directly helps underserved communities become self-sufficient.
- Poverty Alleviation: Provides a lifeline for entrepreneurs to start or expand small businesses.
- No Interest: Loans are typically interest-free or based on ethical profit-sharing models.
- Sustainable Development: Fosters grassroots economic growth.
Where to find: Reputable Islamic charities, NGOs with microfinance programs, or ethical investment platforms focusing on social impact.
- Islamic Relief Worldwide Often has microfinance projects
- Zid Capital Platform for ethical funding

These alternatives offer genuine pathways to financial growth and economic participation, all while adhering to the core tenets of ethical and Islamic finance, which prioritize real assets, productive activity, risk-sharing, and social responsibility over speculative gains and interest-based transactions.

How to Cancel Tradingbeasts.com Subscription

It’s important to clarify that Tradingbeasts.com itself does not appear to offer a direct subscription service that users would “cancel” in the traditional sense. Based on the website’s layout and content, it functions primarily as an informational portal, a content publisher, and an affiliate marketing site for various forex, crypto, and CFD brokers. You browse its articles, reviews, and guides for free.

Therefore, if you are looking to “cancel” something related to Tradingbeasts.com, you are likely referring to one of the following scenarios:

Unsubscribing from their email newsletter: If you signed up for email updates or newsletters from Tradingbeasts.com, you would typically find an “unsubscribe” link at the bottom of any email you receive from them. Clicking this link and following the instructions is the standard way to stop receiving their communications.
- Action: Locate the most recent email from Tradingbeasts.com, scroll to the footer, and click “Unsubscribe.”
- Confirmation: Most email services will ask for a quick confirmation. Ensure you complete this step to be fully removed from their mailing list.
Canceling a subscription or account with a broker that Tradingbeasts.com reviewed or recommended: Tradingbeasts.com reviews numerous brokers e.g., Pepperstone, Exness, eToro, XTB.com. If you followed a link from Tradingbeasts.com and subsequently opened an account or subscribed to a service with one of those brokers, then you would need to cancel that specific account directly with the broker, not with Tradingbeasts.com.
- Action:
  - Identify the Broker: Determine which specific broker you opened an account with.
  - Visit the Broker’s Website: Go to the official website of that broker.
  - Locate Account Management or Support: Look for sections like “Account Settings,” “My Account,” “Support,” “FAQ,” or “Contact Us.”
  - Follow Broker’s Cancellation Process: Each broker will have its own specific procedure for account closure or subscription cancellation. This usually involves:
    - Logging into your account.
    - Navigating to a “Close Account” or “Manage Subscription” section.
    - Withdrawing any remaining funds.
    - Contacting their customer support via live chat, email, or phone to initiate the closure. They might require identity verification.
- Important Note: Be aware of any minimum balance requirements, withdrawal fees, or specific terms and conditions associated with closing your account with the broker.
Removing your data from Tradingbeasts.com GDPR/CCPA requests: If you are concerned about your personal data being held by Tradingbeasts.com e.g., if you submitted a guest post or provided contact info for other reasons, you might need to make a data request.
* Review their Privacy Policy: Check the “Privacy Policy” linked on their website e.g., tradingbeasts.com/privacy-policy to understand their data handling practices and your rights.
* Contact Them Directly: Use the “Contact us” link tradingbeasts.com/contact-us/ to submit a formal request for data deletion or access, citing relevant data protection laws if applicable e.g., GDPR if you are in Europe, CCPA if in California.
- Expectation: They should have a process in place to respond to such requests within a reasonable timeframe e.g., 30 days under GDPR.

In summary, since Tradingbeasts.com is a content and affiliate site, there is no “subscription” to cancel with them directly, beyond unsubscribing from email newsletters.

Any financial accounts or subscriptions would be with the third-party brokers they review. Abestpsychic.com Review

Tradingbeasts.com Pricing

Based on checking the website, Tradingbeasts.com does not appear to have any direct pricing or subscription plans for its users. The website operates primarily as an informational portal, a content publisher, and an affiliate marketing platform. All of its articles, guides, broker reviews, news updates, and educational content are seemingly available for free access to visitors.

Here’s a breakdown of why you won’t find a “pricing” section on Tradingbeasts.com:

Affiliate Model: Tradingbeasts.com explicitly states its business model through its “Ad Disclosure” and disclaimers: “The table below contains links to 3rd party websites of our top partners from whom we receive compensation at no additional cost to you.” This means the site earns revenue by directing traffic to brokerage firms. When a user clicks on a link to a broker from Tradingbeasts.com and subsequently opens an account or performs certain actions like depositing funds or executing trades, Tradingbeasts.com receives a commission from that broker. This is a common monetization strategy for review and comparison websites in various industries.
- No Direct Charges: You are not charged by Tradingbeasts.com for accessing its content or clicking on these links. The cost, if any, comes from the services you might sign up for with the third-party brokers.
Free Content Access: All the extensive guides on Forex, CFD, cryptocurrency, and commodity trading, along with expert opinions and news articles, are freely accessible. There’s no paywall or premium content tier that requires a subscription fee.
- Examples of Free Content: “Forex and CFD trading explained,” “Best Brokers For Trading Gold,” “Is Forex Trading Halal,” and various broker reviews like “Pepperstone Review” are all available without charge.
Webinars: The site also features a “Webinar calendar” with upcoming sessions. While these webinars are likely hosted by Tradingbeasts.com’s third-party partners like HF Markets Group, the registration links provided on Tradingbeasts.com itself suggest free registration for these educational events.
- No Indication of Cost: There’s no mention of any fee associated with attending these webinars through the links provided on their site.

In summary:

Cost to User for Tradingbeasts.com: $0 Free.
How Tradingbeasts.com Earns Revenue: Primarily through affiliate commissions from the brokers they review and promote.
Potential Costs to User Indirectly Related: Any costs you incur would be with the third-party brokers you choose to open accounts with, such as:
- Trading commissions or spreads.
- Deposit/withdrawal fees.
- Overnight financing charges swaps on leveraged positions which is a key ethical concern from an Islamic perspective.
- Account maintenance fees less common now, but some brokers may have them.

Therefore, when engaging with Tradingbeasts.com, remember that the site itself is free, but it serves as a gateway to external financial services that do come with their own fee structures and, more importantly, significant financial risks as highlighted by the site’s own disclaimers about capital loss.

Tradingbeasts.com vs. Alternatives: An Ethical Stance

When we pit Tradingbeasts.com against the ethical alternatives like Halal stock investing, real estate, or direct business ventures, the contrast becomes stark.

Tradingbeasts.com, by its very nature, guides users into a world of high-leverage, speculative trading—Forex, CFDs, and cryptocurrencies—which are fraught with issues from an Islamic finance perspective.

The alternatives, on the other hand, champion tangible assets, real economic participation, and risk-sharing models that align with ethical principles. Tembeaonline.com Review

Tradingbeasts.com’s Approach Forex, CFDs, Crypto Trading

Focus: Speculation on price movements. The primary aim is to profit from market volatility.
Leverage: Prominently featured, allowing amplified positions with minimal capital. This leads to magnified gains but, more often, magnified losses. The underlying mechanism often involves interest riba, making it problematic.
Ownership: No actual ownership of the underlying asset. You are trading contracts based on price differences.
Risk Profile: Extremely high. The site’s own disclaimers about high percentages of retail accounts losing money are testament to this. It often involves excessive uncertainty gharar and elements of gambling maysir.
Ethical Stance: Fundamentally challenging for those adhering to Islamic finance. The reliance on interest, excessive speculation, and the zero-sum nature of many trades are major concerns.
Income Generation: Primarily through capital gains from speculation.

Ethical Alternatives Halal Stock Investing, Real Estate, Ethical Businesses, Physical Gold

Focus: Investment in real assets and productive economic activities. The aim is long-term wealth creation through value generation.
Leverage: Generally avoided or used minimally and ethically e.g., through Sharia-compliant financing for real estate purchase where ownership is transferred, not merely speculative contracts.
Ownership: Emphasizes direct or fractional ownership of tangible assets or equity in real businesses.
Risk Profile: Moderate to high, depending on the asset, but generally lower than speculative trading and with less inherent risk from interest-based debt or excessive uncertainty. Risks are more related to market cycles and business performance.
Ethical Stance: Designed to be fully compliant with Islamic finance principles, avoiding riba, gharar, and maysir. Promotes real economic contribution and shared prosperity.
Income Generation: Through dividends from company profits, rental income from properties, profit-sharing from business ventures, or appreciation of physical assets.

Direct Comparison Points

Feature	Tradingbeasts.com’s Focus Forex/CFD	Ethical Alternatives Halal Stocks, RE, etc.
Asset Type	Derivatives, Contracts for Difference, Virtual Currencies	Tangible assets stocks of real companies, properties, physical gold
Ownership	No actual ownership of underlying asset	Direct or fractional ownership of real assets/businesses
Leverage	Central to the trading model, often interest-based riba	Generally avoided. if used, through Sharia-compliant financing
Risk	Extreme high probability of capital loss, exacerbated by leverage	Varies, but generally lower due to tangible assets and real value
Ethical Compliance	Highly problematic riba, gharar, maysir	Designed for full Sharia compliance no riba, gharar, maysir
Wealth Creation	Primarily through speculation, a zero-sum game	Through productive economic activity, value creation, shared prosperity
Liquidity	Very high can enter/exit positions quickly	Varies stocks high, real estate moderate, business low

In conclusion, while Tradingbeasts.com offers detailed insights into the mechanics of speculative trading, its fundamental offerings are ethically precarious.

For anyone prioritizing financial practices that are both sound and permissible, the alternatives focusing on real assets, ethical businesses, and shared risk-reward models present a far more prudent and principled path to wealth accumulation. It’s not just about finding a different platform.

It’s about adopting an entirely different philosophy of money and investment.

Frequently Asked Questions

What is Tradingbeasts.com?

Tradingbeasts.com is an informational website that provides reviews, guides, and news related to online trading, specifically focusing on Forex, CFD Contracts for Difference, cryptocurrency, and commodity brokers.

It aims to educate users on various aspects of online trading.

Is Tradingbeasts.com a broker?

No, Tradingbeasts.com is not a broker. It does not offer trading services directly.

Instead, it acts as an affiliate marketing platform, reviewing and recommending third-party brokerage firms and earning compensation when users click through and sign up with these partners.

Is trading Forex through brokers reviewed by Tradingbeasts.com permissible in Islam?

Generally, trading Forex and CFDs, especially with leverage and through mechanisms that involve overnight swap fees interest, is considered problematic or impermissible in Islam due to elements of riba interest, gharar excessive uncertainty, and maysir gambling. While some brokers offer “Islamic accounts,” the underlying speculative nature and inherent risks often remain an issue.

Do I have to pay to use Tradingbeasts.com?

No, Tradingbeasts.com is free to use.

All the content, including broker reviews, trading guides, and news articles, is accessible without any subscription fees or direct charges to the user. Oasisatlantico.com Review

The website generates revenue through affiliate commissions from the brokers it promotes.

How does Tradingbeasts.com make money?

Tradingbeasts.com makes money primarily through affiliate marketing.

When users click on links to brokerage firms provided on their website and subsequently open an account or engage in trading activities with those brokers, Tradingbeasts.com receives a commission or compensation from the brokers.

What kind of content does Tradingbeasts.com provide?

Tradingbeasts.com provides a wide range of content including:

Broker reviews and comparisons e.g., Pepperstone, Exness, FP Markets.
Guides on Forex, CFD, cryptocurrency, and commodity trading.
Educational articles on trading strategies, account types, and market analysis.
News and updates related to financial markets.

Are the brokers reviewed on Tradingbeasts.com legitimate?

Tradingbeasts.com reviews various brokers, some of which are well-known and regulated entities.

However, the legitimacy of a broker doesn’t necessarily mean the trading activities they facilitate are ethically permissible for everyone, especially from an Islamic finance perspective due to issues like interest, leverage, and excessive speculation.

Can I cancel a subscription with Tradingbeasts.com?

Tradingbeasts.com does not offer a direct subscription service.

If you receive emails from them, you can unsubscribe via the link in their emails.

If you opened an account with a broker reviewed by Tradingbeasts.com, you would need to contact that specific broker directly to cancel your account or subscription.

Does Tradingbeasts.com offer trading signals or advice?

Tradingbeasts.com provides educational content and reviews, but it explicitly states in its disclaimer that “We do not give investment advice.” Its content should be viewed as informational rather than direct trading signals or personalized financial recommendations. Freesamplesmail.com Review

Is it safe to click on links on Tradingbeasts.com to external brokers?

Clicking on links to external brokers from Tradingbeasts.com will take you to those brokers’ official websites.

While Tradingbeasts.com is transparent about its affiliate relationships, users should always exercise caution and conduct their own thorough due diligence on any broker before sharing personal information or depositing funds.

Does Tradingbeasts.com have information on Islamic accounts?

Yes, Tradingbeasts.com does feature content, such as “FP Markets Islamic Account Review” and “Is Forex Trading Halal or Haram?”, which discusses Islamic accounts and the permissibility of Forex trading in Islam.

However, users should deeply research whether these accounts truly align with all Islamic finance principles, as the underlying market structure can still be problematic.

What are the risks of trading Forex or CFDs, as discussed on Tradingbeasts.com?

The risks are extremely high.

Tradingbeasts.com itself often includes prominent disclaimers stating that a high percentage of retail CFD accounts lose money e.g., “75.3% of retail CFD accounts lose money”. Risks include significant capital loss due to market volatility, amplified losses from leverage, and potential financial ruin.

Can I trust the reviews on Tradingbeasts.com?

The reviews on Tradingbeasts.com appear detailed and cover various aspects of brokers.

However, it’s important to remember their affiliate model means they receive compensation from reviewed partners.

It’s always prudent to cross-reference information and conduct independent research from multiple sources before making financial decisions.

What are some ethical alternatives to speculative trading for wealth building?

Ethical alternatives for wealth building include: Cling-free.com Review

Halal stock market investing: Investing in Sharia-compliant companies.
Real estate investment: Direct property ownership or Sharia-compliant crowdfunding.
Ethical business ventures: Direct participation in permissible businesses.
Physical gold and silver: Investing in tangible precious metals.
Islamic microfinance initiatives: Supporting ethical lending and development.

Does Tradingbeasts.com provide a demo account for trading?

Tradingbeasts.com itself does not provide a demo account.

However, it reviews brokers that offer demo accounts e.g., “Non-Expiring MT4 Demo,” “Gold Trading Demo Account”. Users interested in practicing would need to sign up for a demo account directly with a third-party broker.

What is the disclaimer about “Your Capital is at Risk” on Tradingbeasts.com?

This is a standard regulatory disclaimer required for websites promoting high-risk financial products like CFDs and Forex.

It serves as a warning that you can lose all or more than your invested capital when engaging in these activities, underscoring the inherent dangers.

Is Tradingbeasts.com regulated?

Tradingbeasts.com, as a content publisher and affiliate site, is not typically regulated in the same way a financial broker or investment firm would be.

Its operations fall under general online publishing and affiliate marketing regulations.

The brokers it reviews, however, often are regulated by various financial authorities.

Does Tradingbeasts.com promote “day trading”?

Yes, Tradingbeasts.com includes content related to day trading, such as “5 Best Currency Pairs for Day Trading” and “10 Best Stocks for Day Trading.” Day trading is a highly speculative strategy involving frequent buying and selling within a single trading day, which is considered high-risk.

What is the purpose of the “Webinar calendar” on Tradingbeasts.com?

The webinar calendar lists upcoming online educational sessions, typically hosted by Tradingbeasts.com’s third-party partners brokers or financial education providers. These webinars aim to provide further market insights or trading education to potential clients, usually free of charge for registration through the provided links.