Based on looking at the website Thriiver.com, the platform primarily focuses on educating individuals on trading and investing across various financial instruments, including Forex, stocks, cryptocurrency, commodities, indices, and ETFs.
While the site emphasizes providing “simple, high-probability systems” and mentorship from a “professional trader,” the core offering revolves around financial trading, which, in many forms, involves elements that are not permissible in Islam, particularly due to the presence of Riba interest, excessive Gharar uncertainty, and speculative practices.
Therefore, from an ethical standpoint, Thriiver.com’s services present significant concerns for individuals seeking to adhere to Islamic financial principles.
Here’s an overall review summary:
- Website Focus: Trading and investment education Forex, stocks, crypto, commodities, indices, ETFs.
- Key Promise: Learn profitable trading using “simple, high-probability systems” and mentorship.
- Ethical Review Islamic Perspective: Not recommended due to inherent association with Riba interest, Gharar excessive uncertainty/speculation, and practices often found in conventional trading that conflict with Islamic finance.
- Missing Information: While a risk disclaimer is present, explicit details on Sharia compliance for trading methods are entirely absent. There’s no mention of Islamic finance principles or guidance for ethical investing.
- Transparency: Provides a risk disclaimer and mentions affiliation with a regulated broker, but the lack of clarity on Sharia compliance is a major drawback.
- Overall Recommendation: Avoid for Muslim users seeking Sharia-compliant financial education.
The website positions itself as a solution for those frustrated by confusing systems, scams, and blown trading accounts, aiming to teach proper trading and investing.
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It highlights a “professional trader and investor” named Colin Abrams, claiming to have trained over 3500 students.
While testimonials are mentioned, the fundamental nature of the services offered—learning to trade instruments like Forex, CFDs, and cryptocurrencies—often involves mechanisms that are problematic from an Islamic finance perspective.
The site’s explicit mention of “CFDs” Contracts for Difference which involve high leverage and speculative gains/losses, further solidifies this concern.
The absence of any discussion or recognition of Sharia-compliant trading or investment methods is a significant red flag for an ethically conscious consumer.
Here are some better alternatives for ethical financial and professional development:
- Islamic Finance Education Platforms: For learning about genuinely ethical and Sharia-compliant financial practices, including halal investing and ethical wealth management, focusing on real asset-backed transactions and avoiding Riba and excessive Gharar.
- Skillshare: Offers a wide range of courses on various professional skills, including graphic design, web development, writing, and business, all of which can be applied to generate income ethically without engaging in speculative financial instruments.
- Coursera: Provides university-level courses and specializations in numerous fields, such as data science, marketing, project management, and technology, offering robust educational pathways for career development.
- Udemy: A vast marketplace for online courses on virtually any topic, from coding and digital marketing to personal productivity and creative arts, allowing individuals to acquire practical skills for ethical income generation.
- LinkedIn Learning: Focuses on business, technology, and creative skills, offering courses taught by industry experts that can enhance professional profiles and open doors to diverse career opportunities.
- MasterClass: Features courses taught by world-renowned experts in their respective fields, covering areas like writing, entrepreneurship, and culinary arts, providing inspiration and practical advice for various pursuits.
- ProductiveMuslim: A resource dedicated to productivity and self-development from an Islamic perspective, focusing on time management, spiritual growth, and ethical living, offering guidance for a holistic and fulfilling life.
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.
Thriiver.com Review & First Look: A Deep Dive into Its Offerings
Based on the homepage text, Thriiver.com positions itself as a comprehensive educational platform for aspiring traders and investors.
The primary message is clear: learn to trade and invest “profitably” using “simple, high-probability systems.” The site immediately addresses common pain points for new traders, such as “confusing systems,” “scams,” “confusion and frustration,” and “blowing your trading account.” This direct approach is designed to resonate with individuals who have struggled in the past.
The face of Thriiver.com is Colin Abrams, who is presented as a “professional trader, investor, and trading mentor.” He claims to have “trained 3500+ students” and is an “award-winning trainer” and “trading and investing analyst.” These credentials aim to build trust and authority.
The site highlights “hundreds of 5-star reviews” and asks, “Are you the next success story?” which taps into aspirational desires.
The proposed learning path is simplified into “3 simple steps”: 1. Download a free ebook, 2. Watch free training, and 3. Join a trading course. Thegosolution.com Review
This tiered approach is a common marketing strategy to convert visitors into paying customers.
The content promises to teach “when to buy and sell,” “simple strategies,” “money & risk management,” and “technical analysis,” with an emphasis on “the exact same strategies I use.” This suggests a practical, results-oriented curriculum.
Key Offerings Highlighted:
- Diverse Financial Instruments: Thriiver.com claims its “Signature Trading Systems are Applicable to Any Financial Instrument, On Any Timeframe.” This broad claim suggests versatility. Specifically, the site mentions:
- Free Resources: The offer of a “FREE EBOOK: TOP 10 MISTAKES TRADERS AND INVESTORS MAKE” along with “four FREE video lessons” serves as a lead magnet, enticing potential students to engage with the platform without initial financial commitment.
- Mentorship: The repeated call to “Get mentored by me” Colin Abrams suggests a personalized learning experience beyond just recorded lessons.
- Credibility Claims: “As featured on” and “The exact same training provided to the trading floors of the 6 largest banks in SA” are claims designed to bolster the platform’s credibility and the quality of its education. While impressive, these claims would require independent verification.
Ethical Concerns of Trading and Investing Education
While Thriiver.com focuses on teaching trading and investing, it’s crucial to address the ethical implications, particularly from an Islamic perspective.
The core issue lies in the nature of many financial instruments and strategies taught in conventional trading courses. Webhostsg.net Review
- Riba Interest: A foundational principle in Islamic finance is the prohibition of Riba, which refers to interest charged on loans or received from deposits. Many conventional trading platforms and strategies involve interest-based mechanisms, such as overnight financing charges on leveraged positions CFDs, Forex swaps, interest earnings on margin accounts, or interest components in certain derivatives. Even if the course doesn’t explicitly teach Riba, the underlying instruments often operate on interest-based systems.
- Gharar Uncertainty/Speculation: Islamic finance emphasizes transparency and clarity in transactions. Excessive Gharar, or extreme uncertainty and ambiguity in a contract, is prohibited. Many speculative trading activities, especially in derivatives like CFDs or certain complex options, involve a high degree of uncertainty beyond normal commercial risk. The goal is often quick, large gains based on price movements rather than real economic activity, which can resemble gambling.
- Halal vs. Haram Instruments: While stock trading can be permissible if the underlying companies are Sharia-compliant e.g., not involved in alcohol, gambling, interest-based finance, the course also covers Forex, Crypto, CFDs, and Indices. Forex and CFD trading frequently involve Riba through swaps/overnight charges and high leverage leading to excessive Gharar. Cryptocurrency trading is a complex and debated area within Islamic finance, with differing scholarly opinions on its permissibility depending on the specific coin, its underlying technology, and its use case. Commodities trading can be permissible if it involves real assets and avoids deferred payment for deferred delivery, but speculative commodities trading can also fall under Gharar.
Given these considerations, a platform that teaches broad “trading and investing” without explicitly addressing Sharia compliance or offering specific guidance on avoiding impermissible elements is highly problematic for Muslim users.
The focus on “profitability” and “high-probability systems” without an ethical framework risks leading individuals into practices that are contrary to Islamic principles.
Thriiver.com Pros & Cons Islamic Perspective
From an Islamic perspective, a platform primarily focused on conventional trading education presents significant concerns.
Therefore, a “Pros” section is largely inapplicable when evaluating the service against Islamic ethical guidelines. The “Cons” become the dominant factor.
Cons from an Islamic Perspective
- Lack of Sharia Compliance: This is the most critical and overarching concern. Thriiver.com makes no mention of Islamic finance principles, Sharia-compliant trading strategies, or methods to avoid Riba interest, Gharar excessive uncertainty, and Qimar gambling. The silence on this crucial aspect makes the platform unsuitable for Muslims seeking ethical financial knowledge.
- Promotion of Riba-Prone Instruments: The course explicitly teaches trading in Forex, CFDs, and possibly other derivatives. Forex and CFD trading, particularly when leveraged, almost invariably involve Riba through overnight swap charges. Participating in such trades, even indirectly through education, guides individuals towards impermissible financial activities.
- Encouragement of Speculative Trading: The emphasis on “high-probability systems” for quick profits, without a clear focus on real economic value creation or long-term, asset-backed investment, leans heavily into speculative trading. While speculation isn’t always forbidden, excessive, short-term speculation without real economic activity can resemble gambling Qimar, which is strictly prohibited.
- Uncertainty Gharar in Instruments: Many of the instruments covered, especially CFDs and highly leveraged Forex positions, involve significant Gharar. The outcome is highly unpredictable, and the risk is often disproportionately high, making the transaction inherently ambiguous and potentially unjust.
- Potential for Financial Loss without Ethical Safeguards: While the site includes a risk disclaimer, the absence of an ethical framework means that even if a user were to “succeed” financially, the means employed might be impermissible. Furthermore, given the high failure rate in conventional trading, the risk of losing capital is substantial, and doing so through impermissible means adds another layer of ethical concern.
- No Guidance on Halal Alternatives: The platform does not offer any guidance on how to invest or trade in a Sharia-compliant manner, nor does it direct users towards ethical alternatives in the financial world. This omission suggests a disregard for a significant segment of the global population with specific ethical requirements.
Thriiver.com Alternatives for Ethical Development
Given the significant ethical concerns regarding Thriiver.com’s focus on conventional trading and investing, it is imperative to seek alternatives that align with ethical principles. G-over-d.com Review
The following options offer paths to skill development, knowledge acquisition, and legitimate income generation, avoiding the pitfalls of Riba, Gharar, and Qimar.
These alternatives focus on building real skills, understanding ethical finance, or engaging in productive economic activities.
1. Islamic Finance Education Platforms
These platforms specialize in teaching financial principles and practices that are compliant with Sharia law, focusing on ethical investing, halal asset management, and interest-free transactions.
- Product Name: AlHuda CIBE
- Key Features: Offers certified courses, workshops, and diplomas in various aspects of Islamic banking and finance. Covers Sukuk, Takaful, Sharia-compliant wealth management, and ethical investment screening.
- Price: Varies significantly based on the course or program, from hundreds to thousands of dollars.
- Pros: Deeply rooted in Islamic principles. provides comprehensive understanding of halal finance. offers certifications.
- Cons: Niche focus, may not cover broader conventional finance topics. potentially higher cost for advanced programs.
2. Skill-Based Learning Platforms
These platforms allow individuals to learn practical skills that can lead to legitimate income streams through employment, freelancing, or starting ethical businesses, rather than speculative trading.
- Product Name: Skillshare
- Key Features: Thousands of classes in creative arts, design, business, technology, writing, and more. Project-based learning, community interaction.
- Price: Monthly or annual subscription e.g., ~$15/month or ~$99/year.
- Pros: Wide variety of practical skills. community support. affordable subscription model. focus on creation and tangible output.
- Cons: Quality can vary between instructors. not always in-depth for highly specialized fields.
3. Professional Certification & Degree Platforms
For those seeking more formal education and globally recognized certifications in fields that offer stable, ethical careers. Tradeskinsfast.com Review
- Product Name: Coursera
- Key Features: Partners with universities and companies to offer courses, specializations, professional certificates, and even online degrees in fields like data science, IT, business, and public health.
- Price: Varies widely, from free courses audit track to hundreds or thousands of dollars for specializations and degrees.
- Pros: High-quality content from reputable institutions. industry-recognized certifications. flexible learning paths.
- Cons: Can be expensive for full programs. requires significant time commitment.
4. Broad Educational Content Marketplaces
These platforms offer a vast array of courses, often taught by independent instructors, covering everything from coding to personal development, allowing for diverse skill acquisition.
- Product Name: Udemy
- Key Features: Over 200,000 courses on almost any topic imaginable. One-time purchase model for courses, often with deep discounts.
- Price: Course prices vary from ~$15-$200, but frequent sales make them very affordable.
- Pros: Extremely diverse course selection. accessible pricing. lifetime access to purchased courses.
- Cons: Quality control can be inconsistent. no accreditation for most courses. limited instructor interaction.
5. Business and Career Development Platforms
Focus on skills directly applicable to career advancement, entrepreneurship, and general business acumen, promoting legitimate value creation.
- Product Name: LinkedIn Learning
- Key Features: Courses in business, technology, and creative skills taught by industry experts. Integration with LinkedIn profiles for showcasing learned skills.
- Price: Monthly or annual subscription e.g., ~$29.99/month or ~$19.99/month billed annually. Often included with LinkedIn Premium.
- Pros: High-quality, professional content. strong focus on career-relevant skills. great for professional networking.
- Cons: Subscription model. primarily focuses on corporate skills. less emphasis on creative/hobby topics.
6. Digital Marketing & E-commerce Training
For individuals interested in building online businesses, which can be conducted ethically by selling legitimate products or services.
- Product Name: Google Digital Garage
- Key Features: Offers free courses in digital marketing, career development, and data, with certifications. Practical, business-focused skills.
- Price: Free.
- Pros: Free, high-quality content. recognized by employers. practical skills directly applicable to online business.
- Cons: Limited scope to digital marketing and related fields. self-paced learning might require self-discipline.
7. Entrepreneurship and Small Business Resources
Focus on starting and managing a legitimate business, which is highly encouraged in Islam as a form of value creation and ethical earning.
- Product Name: SBA Learning Center
- Key Features: Free online courses and resources from the U.S. Small Business Administration, covering business planning, startup costs, marketing, and management.
- Pros: Authoritative source for small business advice in the U.S.. practical, actionable guidance. completely free.
- Cons: Primarily focused on U.S. business regulations. might lack the depth of paid entrepreneurial courses.
How to Avoid Unethical Trading Platforms
Many platforms, like Thriiver.com, focus on profit maximization without explicitly addressing the ethical implications of their strategies or instruments. Admetrika.com Review
To avoid inadvertently engaging with platforms that promote impermissible financial practices, a proactive and informed approach is essential.
Researching Platform Credentials and Offerings
Before committing to any trading or investment education platform, thorough due diligence is paramount.
This involves looking beyond marketing claims and understanding the core methodologies being taught.
- Examine the Instruments Taught:
- Identify specific financial instruments: Does the platform primarily teach Forex, CFDs, options, futures, or derivatives? These instruments often involve leverage and overnight charges swaps, which can contain Riba interest.
- Check for underlying assets: Are the trades based on real assets e.g., actual ownership of stocks, commodities or purely speculative contracts e.g., CFDs where you don’t own the underlying asset? Islamic finance prefers real asset-backed transactions.
- Beware of “High Returns, Low Risk” Claims: Any platform promising guaranteed high returns with minimal risk should be approached with extreme skepticism. Legitimate investing always carries risk, and exaggerated claims are a common red flag for scams or highly speculative, unethical practices.
- Scrutinize the “Strategy” and “System” Focus:
- Emphasis on short-term gains: Does the platform focus on day trading, scalping, or quick profits through rapid price movements? While not inherently forbidden, these often involve high leverage and can blur the lines into gambling Qimar if detached from productive economic activity.
- Lack of Fundamental Analysis: If the emphasis is purely on technical analysis chart patterns, indicators without any discussion of underlying company value, industry trends, or economic fundamentals, it leans more towards speculation rather than genuine investment.
- Absence of Ethical Considerations: A major red flag is the complete absence of any discussion on ethical investing, social responsibility, or specific Sharia compliance guidelines. Legitimate ethical finance platforms will explicitly state their adherence to such principles.
Understanding the Risk Disclaimers and Terms
While often overlooked, risk disclaimers provide crucial insights into the nature of the financial activities being promoted.
- Read the Fine Print: Pay close attention to disclaimers, especially those related to CFDs, Forex, and leveraged trading. These disclaimers often highlight the high risk of capital loss, indicating the speculative nature of the activities.
- Identify Regulated Entities: Check if the platform or its recommended brokers are regulated by reputable financial authorities e.g., FINRA in the US, FCA in the UK, FSCA in South Africa, as mentioned by Thriiver.com for Markets.com. While regulation doesn’t guarantee ethical compliance, it offers a layer of protection against outright fraud.
- Understand Affiliate Relationships: Thriiver.com mentions it’s a “third-party introducer” for Markets.com. Understand that such relationships often involve commissions, which could potentially bias recommendations. Research the recommended broker independently for Sharia compliance.
- No Personal Financial Advice: Most educational platforms will state they do not provide personal financial advice. This is standard, but it means you are responsible for your own decisions and for determining if the strategies are suitable and ethical for your personal circumstances.
Seeking Third-Party Reviews and Community Feedback
Online reviews and community discussions can offer valuable perspectives beyond the platform’s own marketing. Xmtrading.com Review
- Look for Independent Reviews: Search for reviews on reputable financial education review sites, forums, and social media platforms.
- Seek Islamic Finance Forums: Specifically look for discussions on Islamic finance forums or groups. Members there can often provide insights into whether a particular platform or strategy aligns with Sharia principles.
- Beware of Overly Positive or Negative Reviews: A balanced mix of reviews is more credible. Be wary of platforms with only glowing reviews potentially fake or overwhelmingly negative ones indicating widespread issues.
By diligently applying these research methods, individuals can better identify and avoid platforms that, despite their educational claims, promote activities that are not permissible under Islamic finance, thus safeguarding their faith and wealth.
Thriiver.com Pricing
The homepage text for Thriiver.com heavily promotes free resources as a stepping stone to their main offering, implying a paid course or mentorship program as the ultimate goal.
While explicit pricing details are not listed directly on the homepage, the funnel clearly directs users towards a paid option.
The Stated Funnel Towards Pricing
The website outlines a clear three-step process:
- Download My Free Ebook: This serves as a lead magnet, collecting user contact information. The ebook is titled “TOP 10 MISTAKES TRADERS AND INVESTORS MAKE” and comes with a bonus of “four FREE video lessons.”
- Watch My Free Training: This likely refers to the “four FREE video lessons” mentioned with the ebook, or another introductory webinar/video series designed to showcase Colin Abrams’s teaching style and the “simple trading strategies.” This step aims to build rapport and demonstrate value.
- Join My Trading Course: This is the ultimate call to action, implying that the comprehensive education and mentorship come at a cost. The absence of direct pricing here suggests that the cost is revealed later in the sales funnel, possibly after the free resources have been consumed or through a direct consultation/enrollment process.
Implied Pricing Structure and Access
Given the typical model for online trading education, it’s highly probable that Thriiver.com offers: Beastmodesupps.com Review
- Tiered Courses: Different levels of courses, from beginner to advanced, each with a corresponding price point.
- Mentorship Packages: Dedicated mentorship with Colin Abrams or his team, which would likely be the most expensive offering, reflecting personalized guidance.
- Membership or Subscription: Access to a community, ongoing analysis, or continuous training might be offered through a recurring membership fee.
- Bundle Deals: Combinations of courses and mentorship packages offered at a discounted rate.
The site’s emphasis on “transforming your trading and investing ability” and learning “the exact same training provided to the trading floors of the 6 largest banks in SA” suggests a premium offering.
Such specialized, high-level education typically commands a significant fee, potentially ranging from hundreds to several thousands of dollars, depending on the depth, duration, and level of personal mentorship involved.
Why Transparency in Pricing Matters
From a consumer and ethical standpoint, particularly in a field like finance, transparency in pricing is crucial.
While the free lead magnets are common, withholding the core product’s price until deeper into the funnel can be a point of friction for potential customers.
It forces them to invest time and personal information before understanding the full financial commitment. Bluesailsxm.com Review
For an ethical review, the lack of immediate pricing information on the homepage, while common for high-ticket online courses, means a user cannot quickly assess the value proposition against their budget or compare it directly with alternatives without taking the initial steps in the funnel.
How to Cancel Thriiver.com Subscription Hypothetical
Since the homepage text doesn’t explicitly mention a subscription model for the main trading course, the process for cancellation would be hypothetical based on common practices for online courses and memberships.
If Thriiver.com operates on a subscription basis, here’s how one might typically cancel, and why understanding this process is important.
Common Cancellation Procedures for Online Courses/Subscriptions
If Thriiver.com offers its main trading course or mentorship through a recurring subscription or membership, the cancellation process would likely involve one of the following methods:
-
Through Your Account Dashboard: Knowsan.com Review
- Login: The first step would be to log into your Thriiver.com account using your credentials username/email and password. The “Login” link is prominently displayed on the homepage.
- Navigate to Account Settings/Billing: Once logged in, there’s usually a section like “Account Settings,” “My Subscriptions,” “Billing Information,” or “Membership Management.”
- Find Cancellation Option: Within this section, there should be a clear option to “Cancel Subscription,” “Manage Membership,” or “Terminate Account.” This is the most common and convenient method for users.
- Confirmation: After initiating the cancellation, you would typically receive an email confirmation of your cancellation. Keep this email for your records.
-
Contacting Customer Support:
- Email: If an automated cancellation option isn’t available, or if you encounter issues, reaching out via email to their customer support would be the next step. Look for a “Contact Us” page or an email address listed on their website.
- Support Ticket: Some platforms use a ticket system where you submit your request and track its progress.
- Phone Less Common for Online Courses: While less common for purely online course platforms, a phone number might be provided for direct support.
-
Checking Terms and Conditions/Refund Policy:
- Read Before Purchase: It’s crucial to read the terms and conditions and refund policy before purchasing. This document would outline the exact cancellation policy, refund eligibility e.g., within 7 days of purchase, or if unsatisfied within a certain period, and any prorated refund policies.
- Trial Period Cancellation: If a free trial is offered, ensure you understand the exact deadline to cancel before being charged.
Importance of Clear Cancellation Policy
For any online service, especially those involving recurring payments or significant upfront costs, a clear and accessible cancellation policy is a hallmark of transparency and trustworthiness.
Companies that make it difficult to cancel often raise red flags.
- Transparency: A well-defined cancellation process demonstrates that the company respects its users’ autonomy and doesn’t rely on entrapment.
- Consumer Protection: Clear policies protect consumers from unwanted recurring charges and provide a pathway to disengage from a service if it doesn’t meet their expectations or needs.
- Ethical Consideration: From an ethical standpoint, it’s essential that businesses provide straightforward ways for customers to manage their commitments. Obscuring cancellation procedures can be seen as a deceptive practice.
Without explicit information on Thriiver.com’s homepage regarding subscriptions or cancellations, it’s impossible to give precise instructions. Cptl-intel.com Review
However, any reputable online education platform should offer clear methods as outlined above.
If a user finds it difficult to locate cancellation information or execute a cancellation, it would be a significant concern.
How to Cancel Thriiver.com Free Trial Hypothetical
Thriiver.com’s homepage prominently features a “Join Our Free Trial” call to action.
While the duration and exact terms of this free trial aren’t detailed on the homepage, understanding how to cancel it is crucial to avoid unwanted charges.
This section will outline the typical steps for cancelling a free trial based on industry best practices, assuming Thriiver.com follows a standard model. Leckerlee.com Review
Understanding Free Trials and Automatic Conversion
A common strategy for online services, especially educational platforms, is to offer a free trial period.
The implicit agreement with most free trials is that once the trial period ends, the user will automatically be converted to a paid subscription unless they explicitly cancel beforehand.
This is a critical point that users must be aware of to avoid unexpected charges.
Typical Steps for Cancelling a Free Trial
The cancellation process for a free trial usually mirrors that of a full subscription, with the added urgency of a deadline.
- Mark the Deadline: The most important step is to note the exact end date and time of your free trial. This information is usually provided when you sign up for the trial, in the confirmation email, or within your account settings. Set a reminder a few days before the trial concludes.
- Access Your Account Settings:
- Login: Navigate to Thriiver.com and log in to your account. The “Login” button is on their homepage.
- Locate Billing/Subscription Section: Once logged in, look for a section typically labeled “Account Settings,” “Billing,” “Subscriptions,” “Membership,” or similar. This is where your trial status and future billing information would reside.
- Find the Cancellation Option:
- Clear Button/Link: Within the billing or subscription management section, there should be a clear button or link to “Cancel Trial,” “End Membership,” or “Manage Subscription.”
- Follow Prompts: The system may ask for feedback on why you’re canceling or attempt to offer incentives to stay. Follow the prompts until you receive a definitive cancellation confirmation.
- Confirm Cancellation:
- Email Confirmation: Always ensure you receive an email confirming that your free trial has been successfully canceled and that you will not be charged. This email serves as proof of cancellation.
- Check Account Status: Briefly check your account status after cancellation to confirm it reflects that your trial is no longer active or that your subscription will not renew.
Why Prompt Cancellation is Key
- Prevent Unwanted Charges: The primary reason to understand and act on cancellation is to prevent automatic charges to your payment method once the free trial expires.
- Adherence to Terms: Platforms are typically clear that if you don’t cancel, you agree to become a paying customer.
- Ethical Financial Management: From an ethical financial management perspective, being diligent with trial periods and cancellations ensures that you are only paying for services you genuinely intend to use and that align with your principles. Neglecting to cancel can lead to unexpected financial commitments.
Given that Thriiver.com prominently offers a “Free Trial,” it is assumed they have a standard, albeit unadvertised on the homepage, process for managing and cancelling these trials. Leatherjacket4.com Review
Users embarking on such a trial should be extra vigilant about the terms and the cancellation window.
Thriiver.com vs. Ethical Learning Platforms
When comparing Thriiver.com to ethical learning platforms, the fundamental distinction lies in their core philosophy and the nature of the financial activities they endorse.
Thriiver.com, by its own description, focuses on teaching conventional trading and investing across a wide array of instruments, including those problematic from an Islamic finance perspective.
Ethical learning platforms, especially those focused on Islamic finance or skill development, prioritize Sharia compliance, real value creation, and sustainable, permissible income generation.
Thriiver.com: Conventional Trading & Speculation
- Primary Focus: Teaching highly leveraged and often speculative trading strategies for instruments like Forex, CFDs, cryptocurrencies, and indices. The goal is “profitability” through price movements.
- Ethical Stance: No explicit mention of Sharia compliance, ethical investing, or avoidance of Riba interest, Gharar excessive uncertainty, or Qimar gambling. The inclusion of CFDs and Forex trading, which inherently involve Riba through overnight swaps, makes the platform problematic.
- Risk Profile: High. The inherent nature of leveraged trading carries significant risk of capital loss, as acknowledged in their own disclaimers. The emphasis is on potentially high returns, which often correlates with high risk.
- Value Creation: Primarily focuses on extracting value from market fluctuations rather than contributing to real economic growth or producing tangible goods/services. This can be seen as less desirable from an Islamic economic perspective, which values productive economic activity.
- Target Audience: Individuals seeking to learn aggressive trading strategies to supplement or generate income, often with a mindset of quick gains.
Ethical Learning Platforms: Skill Development & Sharia-Compliant Finance
In contrast, ethical learning platforms diverge significantly. Chinanoobwatch03.me Review
1. Islamic Finance Education Platforms e.g., AlHuda CIBE, Islamic Finance Guru
- Primary Focus: Educating individuals on Sharia-compliant financial products, services, and investment methodologies. This includes understanding Sukuk Islamic bonds, Takaful Islamic insurance, halal equity screening, ethical wealth management, and avoiding Riba, Gharar, and Qimar.
- Ethical Stance: Explicitly grounded in Islamic ethical principles. Every product, strategy, and concept taught is vetted for Sharia compliance. The emphasis is on permissible means of wealth generation and preservation.
- Risk Profile: Varies, but the underlying principles encourage prudent, asset-backed, and less speculative investments. Risk is managed within Sharia boundaries.
- Value Creation: Focuses on real economic transactions, asset-backed investments, ethical business practices, and productive uses of capital that benefit society.
- Target Audience: Muslims seeking to manage their finances, invest, or build careers in finance in a manner consistent with their faith. also appeals to non-Muslims interested in ethical finance.
2. Skill-Based Learning Platforms e.g., Skillshare, Coursera, Udemy, LinkedIn Learning
- Primary Focus: Providing education and training in practical, tangible skills that can be used to create value, offer services, or build products. This includes coding, graphic design, digital marketing, writing, project management, and vocational skills.
- Ethical Stance: Generally neutral, but the skills taught are universally applicable and can be used to generate income through ethical means. These platforms do not promote financial speculation or Riba-based activities.
- Risk Profile: Low financial risk related to the learning process itself. The risk lies in the effort and time invested in acquiring skills, and the subsequent ability to apply them to find work or build a business.
- Value Creation: Direct focus on human capital development and the ability to produce goods or services that meet market needs, fostering real economic activity.
- Target Audience: Anyone looking to develop new skills for career advancement, entrepreneurship, or personal enrichment, without directly engaging in financial trading.
Conclusion of Comparison
The comparison highlights a fundamental ideological divide.
Thriiver.com operates within the conventional finance paradigm, which often includes elements impermissible in Islam.
Ethical learning platforms, especially those rooted in Islamic finance, provide a framework for permissible financial activities, while broad skill-based platforms offer alternative pathways to legitimate and ethical income generation.
For a Muslim user, the choice is clear: prioritize platforms that explicitly align with ethical and Sharia-compliant principles over those that implicitly or explicitly promote practices contrary to one’s faith.
FAQ
What is Thriiver.com?
Thriiver.com is an online platform that provides education and mentorship for trading and investing across various financial instruments, including Forex, stocks, cryptocurrency, commodities, indices, and ETFs. Sixames.com Review
It aims to teach users “simple, high-probability systems” for profitable trading.
Is Thriiver.com suitable for Muslims?
No, Thriiver.com is generally not suitable for Muslims.
The platform focuses on conventional trading, which often involves elements like Riba interest through overnight swaps in Forex/CFDs, excessive Gharar uncertainty/speculation, and practices that can border on Qimar gambling, all of which are impermissible in Islam.
The website does not mention any Sharia compliance or ethical finance guidelines.
Does Thriiver.com offer a free trial?
Yes, Thriiver.com’s homepage mentions a “Join Our Free Trial” option, although the duration and specific terms of this trial are not detailed on the initial page. Industrypart.com Review
What types of trading does Thriiver.com teach?
Thriiver.com teaches trading strategies for a range of financial instruments, including Forex, stocks, cryptocurrency, commodities, indices, and ETFs, with a particular emphasis on leveraged trading in instruments like CFDs.
Who is Colin Abrams, and what is his role at Thriiver.com?
Colin Abrams is presented as a “professional trader, investor, and trading mentor” and is the face of Thriiver.com.
He claims to have trained over 3500 students and is described as an “award-winning trainer.”
Does Thriiver.com provide personal financial advice?
No, Thriiver.com explicitly states in its risk disclaimer that it provides “general trading insights that do not take into account your personal situation” and that its content “must not at any stage be construed as personal or financial advice.”
What are the main ethical concerns with Thriiver.com from an Islamic perspective?
The main ethical concerns are the likely involvement of Riba interest, e.g., in Forex swaps, excessive Gharar speculation and uncertainty in instruments like CFDs, and potential for Qimar gambling-like activities in highly speculative trading, none of which are addressed or mitigated by the platform.
Are there any Sharia-compliant alternatives to Thriiver.com for learning about finance?
Yes, there are many Sharia-compliant alternatives, such as AlHuda CIBE for dedicated Islamic finance education, or platforms like Skillshare, Coursera, and Udemy for learning practical skills that can lead to ethical income generation.
Does Thriiver.com mention its pricing on the homepage?
No, Thriiver.com’s homepage does not explicitly list the pricing for its main trading courses or mentorship programs.
It uses a funnel approach, offering free ebooks and training before directing users to “Join My Trading Course,” presumably where pricing would be revealed.
Is trading Forex permissible in Islam?
Generally, conventional Forex trading, especially when leveraged, is considered impermissible in Islam due to the involvement of Riba interest from overnight swap charges and excessive Gharar uncertainty. Some scholars permit spot trading without leverage if done hand-to-hand, but this is rare in online retail Forex.
Is trading CFDs permissible in Islam?
No, trading Contracts for Difference CFDs is widely considered impermissible in Islam.
CFDs are highly leveraged, often involve Riba through financing charges, and are purely speculative instruments where one does not own the underlying asset, leading to excessive Gharar and resemblance to gambling.
Is cryptocurrency trading permissible in Islam?
The permissibility of cryptocurrency trading in Islam is a complex and debated topic among scholars.
Opinions vary depending on the specific cryptocurrency, its underlying technology, and its use case.
However, engaging in highly speculative, leveraged crypto trading can carry the same Gharar and Qimar concerns as other conventional instruments.
How can I cancel my Thriiver.com free trial?
To cancel a Thriiver.com free trial hypothetically, as specific instructions are not on the homepage, you would typically log into your account, navigate to “Account Settings” or “Billing,” and look for an option to “Cancel Trial” or “Manage Subscription.” Always ensure you receive a confirmation email.
What are the risks associated with the trading activities taught on Thriiver.com?
As stated in their risk disclaimer, trading carries a “high level of risk” and “you could sustain a loss in excess of your deposited funds.” This includes risks inherent in leverage, market volatility, and the speculative nature of many instruments taught.
Does Thriiver.com provide a community for its students?
Yes, the homepage mentions a “Join Our Community” call to action, suggesting that students can connect with each other and possibly with the mentor.
Does Thriiver.com claim to offer training similar to large banks?
Yes, Thriiver.com claims to offer “The exact same training provided to the trading floors of the 6 largest banks in SA,” aiming to lend credibility to its educational content.
What free resources does Thriiver.com offer?
Thriiver.com offers a free ebook titled “TOP 10 MISTAKES TRADERS AND INVESTORS MAKE” and “four FREE video lessons” as introductory resources.
Why is ethical financial management important in Islam?
Ethical financial management in Islam is crucial because it ensures that wealth is acquired, managed, and distributed in ways that are just, fair, and beneficial to society, avoiding forbidden elements like interest, excessive speculation, and exploitative practices. It aligns financial actions with spiritual values.
What should I look for in an ethical investment platform?
An ethical investment platform should explicitly state its adherence to Sharia principles, have a Sharia supervisory board, invest only in permissible industries e.g., avoiding alcohol, gambling, conventional finance, and ensure transactions are free from Riba, Gharar, and Qimar.
Can I generate income ethically without trading financial instruments?
Yes, absolutely.
You can generate income ethically through various means such as entrepreneurship starting a business, professional services consulting, freelancing, skilled labor coding, design, writing, real estate rental income, or investing in Sharia-compliant businesses and funds that deal in real assets and productive economic activity.
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