Propfirmgurus.com Review

Based on looking at the website, Propfirmgurus.com positions itself as a service provider specializing in helping traders pass proprietary firm evaluations and manage funded accounts. However, the nature of these services, particularly “challenge passing” and “account management” for profit-sharing models prop firms, introduces significant ethical concerns from an Islamic perspective due to elements of Riba interest, Gharar excessive uncertainty, and Maysir gambling. The entire premise revolves around a system where profit is derived from leveraging capital that isn’t truly owned, often with conditions that resemble interest-bearing arrangements or speculative ventures. Therefore, we do not recommend Propfirmgurus.com or similar services.

Here’s an overall review summary:

• Service Model: Offers “challenge passing” and “account management” for proprietary trading firms.
• Ethical Standing Islamic Perspective: Highly questionable due to potential Riba, Gharar, and Maysir elements inherent in the prop firm model itself and the services offered. The core concept of paying a fee for someone else to trade on your behalf with their capital or capital they provide under specific terms to share profits, while potentially bearing losses, often falls into disallowed categories.
• Transparency: Lacks detailed disclosures about the underlying mechanisms of profit sharing, risk allocation, and specific contractual terms of the “prop firms” they work with, which are crucial for ethical financial dealings.
• Risk Disclosure: While a disclaimer about significant risk is present, the marketing heavily emphasizes “guaranteed pass” and “passive income,” which can be misleading given the volatile nature of trading.
• Realism of Claims: Promises of “5-10% Monthly ROI” for account management are exceptionally high and often unsustainable in real trading, raising red flags for potential users.
• Refund Policy: Appears to cover failed challenges by purchasing a new one, but this doesn’t mitigate the ethical concerns of the service itself.

The pursuit of wealth through such means often leads to negative outcomes, as it deviates from principles of honest labor, true risk-sharing, and transparent transactions.

The allure of quick, passive income without genuine effort or full understanding of underlying financial complexities can be very dangerous, leading to financial loss and moral compromise.

Instead of engaging in speculative ventures and ethically questionable “prop firm” models, consider these ethical and productive alternatives for financial growth:

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Amazon.com: Check Amazon for Propfirmgurus.com Review Latest Discussions & Reviews:

• Halal Investment Funds: Invest in Sharia-compliant mutual funds or ETFs that screen companies for adherence to Islamic principles, avoiding industries like alcohol, gambling, and conventional finance. These typically involve direct ownership of permissible assets.

  

  • Key Features: Diversified portfolio, professional management, Sharia compliance.
  • Average Price: Varies based on fund fees expense ratios, management fees.
  • Pros: Ethical, diversified, professional management, potential for long-term growth.
  • Cons: Returns not guaranteed, fees apply, requires research to choose a suitable fund.

• Ethical Entrepreneurship & Small Business: Focus on building a legitimate business that provides real value, employs ethical practices, and operates within permissible industries. This is a direct application of honest trade.

  • Key Features: Direct creation of value, self-employment, building assets.
  • Average Price: Startup costs vary widely, but often lower than perceived, with resources like online courses or mentorship being accessible.
  • Pros: Full control, aligns with Islamic principles of earning, potential for significant wealth creation, skill development.
  • Cons: High effort and risk, requires business acumen, no guaranteed income.

• Real Estate Investment Halal Mortgages: Invest in properties using Sharia-compliant financing methods like Murabaha or Musharakah. This involves tangible assets and avoids interest.

  • Key Features: Tangible asset, potential for rental income and capital appreciation.
  • Average Price: Significant capital required, but various entry points e.g., REITs, direct purchase.
  • Pros: Stable asset, inflation hedge, potential for steady income, adheres to ethical financing.
  • Cons: High initial capital, illiquidity, management effort, market fluctuations.

• Online Courses & Skill Development: Invest in acquiring valuable skills through online courses e.g., coding, digital marketing, graphic design, content writing that can lead to ethical employment or freelancing opportunities.

  • Key Features: Knowledge acquisition, career advancement, flexible learning.
  • Average Price: Ranges from free to thousands of dollars for specialized certifications.
  • Pros: Improves earning potential, fosters continuous learning, opens doors to diverse opportunities.
  • Cons: Requires discipline, no immediate income, market demand for skills can change.

• Sustainable Agriculture or Food Production: Invest in or start ventures related to producing halal, healthy, and sustainable food. This contributes positively to society and relies on tangible effort.

  • Key Features: Direct production, aligns with health and environmental values.
  • Average Price: Varies significantly depending on scale from small gardens to large farms.
  • Pros: Ethical, provides real value, potential for community impact, tangible assets.
  • Cons: Requires land/resources, labor-intensive, susceptible to environmental factors.

• Zakat-Compliant Savings Accounts: While not an investment in the traditional sense, focusing on building a substantial, interest-free savings base and fulfilling Zakat obligations is a fundamental ethical financial practice that provides security and blessings.

  • Key Features: Security of capital, no Riba, spiritual benefit of Zakat.
  • Average Price: No fees for basic accounts, but some specialized accounts may have maintenance fees.
  • Pros: Financially secure, ethically pure, encourages discipline, fulfills religious duty.
  • Cons: No growth from interest, liquidity may be restricted in some Sharia-compliant products.

• Ethical Crowdfunding Platforms: Support or seek funding for ethical businesses through crowdfunding platforms that operate on profit-sharing or debt-free models, ensuring transparency and adherence to Islamic financial principles.

  • Key Features: Access to capital for ethical projects, community investment.
  • Average Price: Varies based on project investment.
  • Pros: Supports innovation, transparent, no interest, community-driven.
  • Cons: Higher risk for investors, not all projects succeed.

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.

The Problematic Nature of Prop Firm Models and Propfirmgurus.com

Proprietary trading firms, or “prop firms,” and services like Propfirmgurus.com that claim to help you “pass challenges” or “manage accounts” for them, are inherently problematic from an ethical standpoint.

At their core, these models often involve elements that run contrary to sound financial principles and Islamic injunctions against Riba interest, Gharar excessive uncertainty, and Maysir gambling. When you pay a fee for someone else to trade on your behalf, or pay a challenge fee to gain access to capital that is not truly your own, the arrangement can become highly ambiguous.

It’s a system built on leveraging capital with specific, often restrictive, profit-sharing and drawdown rules that can resemble interest-based loans or outright speculative gambling, rather than genuine, effort-based income.

The lack of true partnership musharakah and the one-sided nature of liability often make these arrangements ethically unsound.

Understanding the Islamic Financial Concerns with Prop Firms

The allure of “funded accounts” can be strong, but it’s crucial to dissect why these models are problematic. Theonlinebeautycourses.com Review

Islamic finance emphasizes ethical dealings, genuine risk-sharing, and avoiding exploitative practices.

Riba Interest in Disguise

• The “Challenge Fee”: While presented as a fee for an evaluation, it can sometimes function akin to an interest payment to gain access to capital. If the firm is primarily benefiting from these non-refundable fees, regardless of trading success, it raises questions about the true nature of the transaction.
• Profit Sharing with Skewed Risk: In many prop firm models, the “trader” receives a percentage of profits but does not fully share in the capital risk. The firm provides the capital, and the trader is often only liable up to a certain drawdown limit. This asymmetry, where the firm is essentially “lending” the ability to trade with its capital for a share of profits and securing its initial capital through the challenge fee or strict drawdown rules, can resemble interest-based arrangements where the capital provider guarantees their capital while sharing in the upside.

Gharar Excessive Uncertainty

• Lack of Transparency: The exact terms of the “prop firm” contracts are often opaque, particularly regarding the underlying mechanics of how capital is managed, how profits are calculated, and the true legal relationship between the trader and the firm. This ambiguity constitutes Gharar.
• Unclear Ownership and Liability: Is the capital truly “yours” to trade, or are you merely an agent? What happens if losses exceed a certain threshold? The terms often leave significant room for uncertainty about true ownership, liability, and the nature of the partnership.
• Guarantees on Passing/ROI: When a service like Propfirmgurus.com claims to “guarantee a pass” or promises “5-10% monthly ROI,” it introduces further Gharar. Trading inherently involves uncertainty. Any “guarantee” in such a volatile field is suspect and adds to the ambiguity of the true service being rendered.

Maysir Gambling

• Speculative Nature: While trading itself isn’t inherently gambling, the mode of trading can be. When a service encourages risky, high-leverage trading strategies solely to pass a challenge or meet aggressive profit targets set by a prop firm, it can push individuals into highly speculative, gambling-like behavior.
• Focus on Fees over Genuine Trading: If the primary business model of the “challenge passing” service or the prop firm itself relies heavily on accumulating non-refundable challenge fees, rather than genuinely fostering skilled trading and sustainable profit generation, it begins to resemble a game where participants pay to play with low odds of true, sustainable success.

Propfirmgurus.com Review & First Look

Upon initial review, Propfirmgurus.com presents itself as a solution for individuals seeking to navigate the complex world of proprietary trading firms.

They claim to offer “Expert Prop Firm Challenge Passing & Account Management Services,” targeting both beginners and seasoned traders.

Services Offered

• Prop Firm Passing Service: This is their core offering, where they claim to help traders pass evaluations for various prop firms. They detail different tiers based on the account size e.g., 5K-10K Challenge for $150, up to 5M Challenge for $3500.
• Account Management Service: Once an account is funded, they also offer to manage it for a fee $250 one-time with a purported “5-10% Monthly ROI.” This is a significant red flag due to the high and unrealistic return claims.
• Other Services: The website also mentions “White Label Prop Firm” services, “Crypto Arbitrage,” and “Commercial Crypto Market Making,” which further broadens their scope beyond just prop firm assistance.

First Impressions and Concerns

• High-Risk Business Model: The entire premise revolves around a high-risk activity trading and a controversial model prop firms from an ethical standpoint.
• Unrealistic ROI Claims: The “5-10% Monthly ROI” for account management is extremely high and unsustainable for consistent, ethical trading. This is a common characteristic of schemes that are either very high-risk, or worse, potentially fraudulent. Legitimate financial professionals rarely promise such consistent, high returns.
• Lack of Detailed Disclosures: The website is very light on specific methodologies, risk management frameworks, or the legal structure of their “challenge passing” and “account management” processes. This lack of transparency is a major concern.
• Reliance on External Prop Firms: They “accept all prop firms,” meaning their service essentially acts as an intermediary. The ethical issues inherent in the underlying prop firms are thus passed on.
• “Guaranteed Pass” Ambiguity: While they mention a disclaimer that “we do not make any absolute guarantees of success, as trading involves significant risk,” their marketing heavily uses terms like “Guaranteed Prop Firm Challenge Pass” or “Reliable Prop Firm Challenge Pass Service,” creating a contradictory message that can mislead users.

The True Cost of Engaging with Such Services

It’s not just about the monetary fees.

The true cost of engaging with services like Propfirmgurus.com and the underlying prop firm model extends to several critical areas: Precisionmarkets.io Review

• Financial Loss: Despite claims of “passing,” the inherent volatility of trading means losses are inevitable. The fees paid for “passing” or “management” can be lost, and the “funded” account can be blown. The refund policy is limited to purchasing another challenge, which means continued engagement in the ethically questionable model.
• Ethical Compromise: Participating in models that flirt with Riba, Gharar, and Maysir can erode one’s ethical foundation. It’s a slippery slope where the pursuit of quick profit overshadows the importance of permissible earnings.
• False Sense of Security: The promise of “passive income” or “guaranteed pass” can create a false sense of security, encouraging individuals to put their hard-earned money and time into something that is far from stable or ethical.
• Skill Development Hindrance: Relying on someone else to “pass a challenge” or “manage an account” bypasses the crucial process of genuine skill development, discipline, and understanding of market dynamics. This creates dependency rather than empowerment.
• Time and Opportunity Cost: Time and resources spent on these ventures could be better invested in learning legitimate skills, starting an ethical business, or engaging in permissible forms of investment that offer real, sustainable growth.

Propfirmgurus.com Cons

Given the ethical concerns and inherent risks, the “cons” significantly outweigh any perceived benefits.

• Ethically Problematic: The service model inherently involves elements of Riba, Gharar, and Maysir due to its reliance on proprietary trading firms, which often operate on models incompatible with Islamic finance.
• Unrealistic Expectations: Claims of “5-10% Monthly ROI” are highly unrealistic and unsustainable in legitimate trading, setting false expectations for users.
• Lack of Transparency: Insufficient detail on the methodologies, risk management, and legal agreements, fostering an environment of excessive uncertainty Gharar.
• Potential for Significant Loss: Users risk losing their “passing fees” and any capital they might contribute to the prop firm challenge, with no guarantee of long-term success or ethical return.
• No True Skill Development: Outsourcing the “challenge passing” and “account management” prevents individuals from developing genuine trading skills, discipline, and market understanding.
• Dependence on Third Parties: Relies heavily on external prop firms, whose ethical standing and operational stability are beyond the user’s control.
• Misleading Marketing: Despite disclaimers, the website’s promotional language leans heavily into “guaranteed pass” and “passive income,” which can be deceptive.
• Customer Support Limited to Telegram: While they claim 24/7 support with a 5-minute response time, relying solely on Telegram for critical financial service communication is less professional and less secure than dedicated customer service channels.
• Limited Refund Policy: The refund policy only covers purchasing a new challenge if they fail, keeping the user tied to the same ethically questionable model.

Propfirmgurus.com Alternatives

Instead of engaging with services like Propfirmgurus.com and the ethically ambiguous world of proprietary trading firms, focus on building wealth through permissible and sustainable means.

True financial success comes from honest effort, real value creation, and adherence to sound ethical principles.

• Ethical Stock Market Investing Sharia-Compliant ETFs/Funds: Instead of speculative trading via prop firms, invest in Sharia-compliant equity funds or ETFs. These funds screen companies to ensure they do not deal in prohibited activities e.g., alcohol, tobacco, conventional banking, gambling and meet specific financial ratios to avoid excessive debt. This is a legitimate way to partake in economic growth by owning a share of real, ethical businesses.

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  • Pros: Diversified, professionally managed, aligns with Islamic principles, long-term growth potential.
  • Cons: Market risk, returns not guaranteed, requires due diligence in selecting funds.

• Establishing a Halal Business/Entrepreneurship: The most direct and universally accepted method of wealth creation is through honest trade and entrepreneurship. Start a business that provides genuine value, solves a problem, and operates within permissible parameters. This could be anything from a digital marketing agency, an e-commerce store, a consulting service, or a tangible product business.

  • Pros: Direct control, creates real value, highly ethical, potential for significant returns, builds tangible assets.
  • Cons: High effort, significant risk, requires business acumen, no guaranteed income.

• Real Estate Investment Partnership/Direct Ownership: Invest in real estate through direct ownership or Sharia-compliant partnership models like Musharakah or Murabaha for financing. This involves tangible assets that generate rental income or appreciate in value, avoiding interest-based loans.

  • Pros: Tangible asset, potential for stable income and capital appreciation, can be ethical with correct financing.
  • Cons: High capital requirement, illiquidity, management effort, market cycles.

• Skill-Based Freelancing/Consulting: Develop a valuable skill e.g., web development, content writing, graphic design, data analysis and offer your services as a freelancer or consultant. This allows you to leverage your expertise directly for income, with transparent pricing and clear deliverables.

  • Pros: Direct income, flexible work, builds expertise, low startup costs.
  • Cons: Income can be inconsistent, requires self-discipline and marketing efforts.

• Building an Online Course/Content Creation: If you possess expertise in a permissible field, create and sell online courses, e-books, or provide valuable content through a blog or YouTube channel. This allows for passive income generation through intellectual property and education.

  • Pros: Scalable, can generate passive income, leverages expertise, fulfills educational role.
  • Cons: Requires significant upfront effort, marketing skills, no guaranteed income.

• Ethical Lending/P2P Lending Profit-Loss Sharing: While less common in the mainstream, seek out or participate in peer-to-peer lending platforms that operate on profit-loss sharing Musharakah/Mudarabah principles rather than interest. This involves genuine risk-sharing in a venture. Rascalclothing.com Review

  • Pros: Direct financing of real businesses, profit-loss sharing, avoids interest.
  • Cons: Higher risk than traditional debt, less regulated, requires careful due diligence on ventures.

• Saving and Budgeting with Purpose: Sometimes, the most powerful financial strategy is disciplined saving and budgeting. Focus on minimizing unnecessary expenses, maximizing savings, and accumulating capital without relying on external leverages or ethically ambiguous schemes. This foundational practice is crucial for any long-term financial success.

  • Pros: Builds financial security, reduces debt, provides peace of mind, fosters discipline.
  • Cons: Slower growth than investment, requires consistent effort.

How to Stay Safe from Online Financial Scams

The online world is rife with schemes promising quick riches, and services like “prop firm passing” can often fall into this category due to their unrealistic claims and ethical ambiguities.

Protecting yourself requires vigilance and adherence to sound principles.

Be Skeptical of Unrealistic Returns

• “Too Good to Be True” is a Red Flag: If an investment or service promises unusually high, consistent returns e.g., “5-10% monthly ROI” in trading, be extremely cautious. Legitimate investments have inherent risks and fluctuating returns.
• “Passive Income” Promises: While passive income is achievable through ethical means e.g., rental property, royalties, promises of significant passive income with minimal effort or knowledge are often deceptive.

Verify Legitimacy and Transparency

• Check Regulatory Status: For any financial service, verify if they are regulated by relevant authorities e.g., SEC, FCA, etc., depending on the jurisdiction. Services assisting with prop firms often fall into a grey area and may not be regulated as financial advisors.
• Detailed Documentation: Legitimate financial products and services come with comprehensive terms and conditions, risk disclosures, and clear explanations of their business model. Vague language or missing details are major warning signs.
• Physical Presence and Contact Information: While not always necessary for online businesses, a verifiable physical address and multiple, reliable contact methods phone, email, live chat are good indicators. Sole reliance on instant messaging platforms like Telegram for critical communication is a red flag.

Understand the Business Model

• How Do They Make Money?: Clearly understand how the service provider generates revenue. If it’s primarily through upfront fees like “challenge passing fees” rather than a share of actual, sustained trading profits, be wary.
• Risk Allocation: Who bears the risk? In legitimate partnerships, risk is shared. If you bear all the losses while the “service” takes guaranteed fees, it’s not a partnership.

Research and Due Diligence

• Independent Reviews: Look for reviews from reputable, independent sources beyond the company’s own website. Be wary of overly positive reviews that lack specific details or appear generic.
• Check for Complaints: Search for any complaints or warnings from financial authorities or consumer protection agencies.
• Consult Experts: If unsure, consult with an independent financial advisor who understands ethical investments, or a scholar knowledgeable in Islamic finance.

Secure Your Personal Information

• Avoid Sharing Sensitive Data: Be extremely careful about sharing trading account credentials, personal financial information, or identification documents unless you are absolutely certain of the service’s legitimacy and security.
• Beware of Phishing: Be vigilant about unsolicited emails or messages asking for personal details or promising lucrative opportunities.

By applying these principles of skepticism, due diligence, and ethical awareness, you can better protect yourself from falling prey to online financial scams and instead focus on building wealth through permissible and sustainable avenues.

Propfirmgurus.com Pricing

Propfirmgurus.com lists a tiered pricing structure for its “Prop Firm Passing Service Package” and a separate fee for “Management Service.” The pricing is based on the size of the prop firm challenge account they claim to help you pass or manage. Dreamtripsireland.com Review

Prop Firm Passing Service Package:

• 5K-10K CHALLENGE: $150 One Time Passing Fees
• 15K-25K CHALLENGE: $200 One Time Passing Fees
• 50K-80K CHALLENGE: $250 One Time Passing Fees
• 100K-150K CHALLENGE: $400 One Time Passing Fees
• 200K-250K CHALLENGE: $600 One Time Passing Fees
• 300K-400K CHALLENGE: $900 One Time Passing Fees
• 500K-600K CHALLENGE: $1200 One Time Passing Fees
• 1M CHALLENGE: $1500 One Time Passing Fees
• 2M CHALLENGE: $2000 One Time Passing Fees
• 3M CHALLENGE: $2500 One Time Passing Fees
• 4M CHALLENGE: $3000 One Time Passing Fees
• 5M CHALLENGE: $3500 One Time Passing Fees

Management Service:

• Management Service: $250 One Time Management Fees

Key Observations on Pricing:

• One-Time Fees: Both passing and management services are advertised as “One Time Fees.” However, if a funded account fails, their “refund policy” means they will purchase a new challenge for you with one of their “trusted prop firms,” which essentially keeps you within their service ecosystem.
• Accepting All Prop Firms & Platforms: They state they accept “All Prop Firms” and “All Trading Platforms,” which is a broad claim suggesting flexibility but also a lack of specialization in any particular firm’s rules or software.
• “2 Weeks Average Passing Time”: This quick turnaround time is marketed as a benefit but also highlights the potentially aggressive strategies used to meet challenge targets, which might increase risk.
• “Manual trading System” & “Dedicated VPS IP”: These are listed as features, implying a professional approach.
• “5-10% Monthly ROI” for Management: This is a critical point that raises significant red flags. Promising such high, consistent monthly returns from trading is highly unrealistic and unsustainable. In the legitimate financial world, these figures are typically associated with very high-risk ventures, or worse, fraudulent schemes. For comparison, even top-tier hedge funds rarely achieve such consistent, high returns on a monthly basis, especially without significant drawdowns.
• “Limited spots monthly”: This creates a sense of urgency and exclusivity, a common marketing tactic.

Ethical Implications of Pricing:

The pricing structure itself, particularly the “one-time passing fees” for what is essentially an attempt to game a system prop firm challenges, aligns with the ethical concerns discussed earlier regarding Gharar uncertainty and Maysir gambling. The payment is for a service that attempts to secure an outcome in a highly speculative and ethically ambiguous environment, rather than for direct, productive effort or a transparent partnership.

The “management fee” combined with an unrealistic ROI promise further compounds these issues.

The Allure of “Quick Money” and Why it Fails

The human desire for quick financial gains is powerful, and services like Propfirmgurus.com capitalize on this by promising rapid success in complex fields like trading.

The idea of “passing a challenge” quickly and then earning “passive income” with minimal effort is incredibly appealing.

However, this allure often masks fundamental realities that lead to inevitable failure, especially when ethical principles are compromised. Parkmobile.io Review

The Illusion of Effortless Wealth

• Delegation Over Learning: The service offers to “pass the challenge” for you, implying that you don’t need to master trading skills yourself. This short-circuits the natural process of learning, discipline, and developing market understanding. True wealth comes from continuous effort and skill acquisition.
• “Passive Income” without True Capital: The “passive income” from funded accounts is not genuinely passive in the sense of earning from your own capital or a truly shared venture. It’s income derived from a system with intricate rules, drawdowns, and often, an underlying structure that prioritizes the prop firm’s profitability often through fees over the trader’s consistent, long-term success.

The Inherent Volatility of Trading

• Market Realities: Financial markets are inherently volatile and unpredictable. Consistent 5-10% monthly returns are not sustainable for long periods without taking on excessive, unsustainable risk. Any service promising such figures is either taking extreme risks or is not being fully transparent.
• Drawdowns and Loss: Even the best traders experience drawdowns and losing periods. The prop firm model often has strict daily and overall drawdown limits. While Propfirmgurus.com offers to buy a new challenge if they fail, this simply re-engages you in the same risky cycle, often with your initial fee lost.

The Ethical Cost

• Compromise of Principles: Engaging in systems that touch on Riba, Gharar, and Maysir can desensitize individuals to ethical boundaries. The pursuit of easy money can lead to rationalizing practices that are ultimately detrimental.
• Loss of Barakah Blessing: From an Islamic perspective, wealth acquired through impermissible means lacks Barakah. Even if short-term gains are made, they are unlikely to bring lasting peace, prosperity, or benefit.

Why It Ultimately Fails:

The “quick money” appeal of such services almost always fails in the long run because:

• Unsustainable Returns: High returns require high risk. Eventually, the market will catch up, leading to significant losses that wipe out gains.
• Lack of Genuine Skill: Without developing actual trading skills, individuals remain dependent on external services, which may eventually fail, disappear, or change their terms.
• Ethical Foundation: True, sustainable wealth is built on ethical foundations, honest work, and genuine value creation. Any deviation from this path, however appealing in the short term, typically leads to instability and dissatisfaction.

How to Cancel Propfirmgurus.com Subscription / Service

Based on the website’s content, Propfirmgurus.com offers a “One Time Passing Fees” and “One Time Management Fees,” implying that these are one-off purchases rather than recurring subscriptions.

Therefore, there isn’t a continuous “subscription” in the traditional sense that requires monthly cancellation.

However, if you have engaged their services and wish to discontinue any ongoing interaction or prevent them from continuing to access your trading account if you provided them with details, here’s how you would generally approach it:

• Contact Their Support: The website states, “Use the 24/7 available live chat on Telegram to contact us, our average response time is 5 minutes.” This would be your primary channel to communicate your intent to cease services.
  • Action: Send a clear message via Telegram stating you wish to terminate their service for your specific account provide relevant details like account number, challenge ID, etc..
• Change Trading Account Credentials: If you have provided Propfirmgurus.com with your trading account login details which is explicitly stated as a step in their “How it works” section: “Send Account Details”, you must immediately change your password for that trading account with the proprietary firm. This is critical to revoke their access.
  • Action: Log in to your actual prop firm account and reset your trading password. This is the most important step to prevent unauthorized trading activity.
• Inform the Prop Firm: While not always necessary, if you have concerns about unauthorized activity or want to ensure a clear break, you might consider informing the proprietary trading firm e.g., FTMO, My Forex Funds, etc. that you previously engaged a third-party service and have now revoked their access.
  • Action: Check the terms and conditions of your specific prop firm regarding third-party account management. Some firms strictly forbid this and might terminate your account.
• Understand Refund Policy Implications: As noted in their refund policy, “If we fail your challenge during phase 1 or phase-2, we will purchase your next challenge with the same account size with one of our trusted prop firms.” And “If we fail your Funded Account during management, we will purchase a new challenge with the same account size…” If you cancel their service before a challenge is completed or if they fail and you refuse their offer of a new challenge, it’s highly unlikely you would receive a refund for your initial payment, as their policy focuses on re-attempts rather than monetary refunds for service discontinuation.
  • Action: Review their stated refund policy carefully to understand your situation, though based on their text, a monetary refund for simply cancelling is not implied.

Important Note: The act of providing your trading account login details to a third party for “account management” or “challenge passing” is generally against the terms of service of most legitimate proprietary trading firms and often carries significant risks, including the complete loss of your account or funds. It is always advisable to manage your own trading activities. Acstick.com Review

FAQ

What is Propfirmgurus.com?

Propfirmgurus.com is a service that claims to help individuals pass proprietary trading firm evaluations and manage funded trading accounts, offering services like “challenge passing” and “account management” for a fee.

Is Propfirmgurus.com legitimate?

Based on the website’s claims, while they offer services, the legitimacy is highly questionable from an ethical and practical standpoint due to promises of unrealistic returns, potential ethical issues Riba, Gharar, Maysir inherent in the prop firm model and their services, and a lack of transparency.

What services does Propfirmgurus.com offer?

Propfirmgurus.com offers Prop Firm Passing Services for various account sizes, Funded Account Management services, and also mentions White Label Prop Firm solutions, Crypto Arbitrage, and Commercial Crypto Market Making.

What are the ethical concerns with Propfirmgurus.com from an Islamic perspective?

The main ethical concerns include elements of Riba interest-like arrangements through fees and disproportionate risk, Gharar excessive uncertainty due to vague terms and unrealistic guarantees, and Maysir gambling-like speculation driven by aggressive targets rather than genuine skill.

What are the prices for Propfirmgurus.com’s services?

Propfirmgurus.com charges one-time fees for its Prop Firm Passing Service ranging from $150 for 5K-10K challenges up to $3500 for 5M challenges. Their Management Service is an additional one-time fee of $250. Trueorganicsldn.com Review

Does Propfirmgurus.com guarantee passing a prop firm challenge?

While their marketing uses terms like “Guaranteed Prop Firm Challenge Pass,” their disclaimer states, “we do not make any absolute guarantees of success, as trading involves significant risk,” creating a contradictory and potentially misleading message.

What kind of returns does Propfirmgurus.com promise for account management?

Propfirmgurus.com promises an “5-10% Monthly ROI” for their account management service, which is an exceptionally high and generally unrealistic return for consistent, sustainable trading in legitimate financial markets.

How does Propfirmgurus.com’s refund policy work?

If Propfirmgurus.com fails a challenge during phase 1 or 2, they claim they will purchase a new challenge of the same account size with one of their “trusted prop firms” and pass it for free.

Similarly, if they fail a funded account during management, they will buy and pass a new challenge.

Can I really earn passive income with Propfirmgurus.com?

The promise of earning “passive income” from their services is highly misleading. Motorwise.com Review

Trading inherently involves active management and significant risk, and relying on a third party to “pass a challenge” or “manage an account” does not constitute true passive income generation through legitimate means.

What are better alternatives to Propfirmgurus.com for ethical wealth building?

Better and ethical alternatives include investing in Sharia-compliant ETFs/funds, starting a halal business entrepreneurship, investing in real estate through permissible financing, skill-based freelancing/consulting, building online educational content, or engaging in ethical peer-to-peer lending models based on profit-loss sharing.

Why is providing trading account details to a third party risky?

Providing your trading account login details to a third party is extremely risky because it grants them full access and control over your account, exposing you to potential fraud, unauthorized trades, or the complete loss of your funds, and often violates the terms of service of prop firms.

Is trading itself forbidden in Islam?

No, trading buying and selling is permissible in Islam, provided it adheres to strict ethical rules, such as avoiding Riba interest, Gharar excessive uncertainty, Maysir gambling, and trading in impermissible goods or services. The mode of trading e.g., highly leveraged, speculative, or through ethically problematic structures like some prop firms can make it impermissible.

How do I contact Propfirmgurus.com?

Propfirmgurus.com states that the best way to contact them is via their 24/7 live chat on Telegram, where they claim an average response time of 5 minutes. Cyclecourierco.com Review

Does Propfirmgurus.com use bots or EAs for trading?

The website mentions “Prop Firm EA Download,” “Prop Firm Challenge Bot,” and “Best Expert Advisor for FTMO,” indicating that they might use or promote automated trading tools, and advises users to check if “EA Use is Allowed for Prop Firm Challenges.”

What are the main red flags of online financial services like Propfirmgurus.com?

Key red flags include promises of unrealistic, consistent high returns, a lack of detailed transparency about their methods, relying solely on instant messaging for critical support, claims of “guaranteed success” in high-risk ventures, and business models that appear to generate revenue primarily from upfront fees rather than sustained, legitimate profits.

What kind of trading platforms does Propfirmgurus.com accept?

Propfirmgurus.com states that they accept all trading platforms, including MT4, MT5, Ctrader, MatchTrade, NinjaTrader, Tradovate, and TradeLocker, TradingView, among others.

Why should I avoid services that promise quick money?

Services promising quick money often lead to financial loss, ethical compromise, and a lack of genuine skill development.

They typically rely on unsustainable models, excessive risk, or deceptive marketing tactics that do not lead to long-term, stable, and blessed wealth. Boosteria.org Review

What is the role of risk management in ethical trading?

In ethical trading, robust risk management is crucial to protect capital, ensure sustainability, and prevent excessive speculation.

It involves setting realistic profit targets, defining acceptable loss limits, and understanding market dynamics rather than relying on unrealistic “guarantees.”

Does Propfirmgurus.com have a Trustpilot presence?

Yes, Propfirmgurus.com links to a Trustpilot page from their website, encouraging users to “Check Our Latest Client’s Feedback & Reviews on Trustpilot.”

Is “account management” by a third party permissible in Islam?

Account management by a third party is permissible if it’s based on a clear, transparent Mudarabah profit-sharing or Musharakah partnership contract, where the third party genuinely invests your capital and shares in both profits and losses according to agreed ratios, without guaranteed returns or interest-like fees. Services like Propfirmgurus.com’s “account management” often do not fit this criteria due to their structure and associated claims.

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