Tradesai.com Reviews

Based on looking at the website, TradesAI.com positions itself as a provider of “next-gen trading tools” that leverage AI and automated indicators to help users in the cryptocurrency and forex markets. They claim to offer signals, charting tools, and community access to enable smarter and more profitable trading. However, it’s crucial to understand that involvement in speculative financial trading, especially in highly volatile markets like cryptocurrencies and forex, carries significant risks and is generally considered impermissible in Islam due to elements of Riba interest, Gharar excessive uncertainty, and Maysir gambling. The entire premise of profiting from price fluctuations through leveraged positions or derivatives, which often underlies these “signals” and “automated trading” tools, frequently involves interest-based mechanisms or an unacceptable level of speculation that is akin to gambling. Such activities can lead to immense financial loss and deviate from the principles of ethical wealth accumulation rooted in real economic activity, fair trade, and tangible asset ownership. Instead of seeking quick gains through high-risk speculation, it is far more beneficial and blessed to pursue halal avenues of income, such as legitimate business ventures, employment, or investing in tangible, productive assets that generate real value.

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.

Why TradesAI.com and Similar Trading Platforms are Problematic

When you dive into the world of platforms like TradesAI.com, you’re essentially looking at tools designed for speculative trading in financial markets.

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It’s not just about what’s explicitly forbidden, but also about the underlying nature of the transaction and the ethics of wealth creation.

The Element of Maysir Gambling in Speculative Trading

One of the primary concerns with speculative trading, especially with tools that promise “signals” and “automated profits,” is the presence of Maysir, or gambling.

In Islam, gambling is strictly prohibited because it involves gaining wealth from chance or speculation without any real productive effort or tangible contribution to society.

• Reliance on Prediction, Not Production: TradesAI.com highlights “signals” and “entry zones” for various assets like XRPUSDT Perpetual Contract and EURUSD. These signals are essentially predictions about future price movements. When you enter a trade based solely on such a prediction, hoping for a price swing in your favor to make a profit, it becomes dangerously close to betting.
• Zero-Sum Game: In many speculative trading scenarios, especially in derivative markets, one party’s gain is directly another party’s loss. This zero-sum nature, where wealth is merely transferred based on unpredictable market movements rather than created through economic activity, aligns with the definition of gambling.
• Absence of Tangible Assets: Unlike investing in a business or a property, where you own a tangible asset that can generate value through its use or production, speculative trading often involves contracts or derivatives that represent an underlying asset but don’t involve actual ownership or real economic activity. For instance, “Perpetual Contracts” are complex financial instruments that are far removed from tangible asset ownership.

The Issue of Gharar Excessive Uncertainty

Gharar refers to excessive uncertainty or ambiguity in a contract that can lead to dispute or injustice. Virginmedia.ie Reviews

Many aspects of speculative trading, even with “AI-driven charting,” contain significant Gharar.

• Unpredictable Market Volatility: The very nature of markets like cryptocurrencies and forex is extreme volatility. While TradesAI.com claims to provide “accurate LIVE updates for signals,” no indicator or AI can truly eliminate the inherent unpredictability. Relying on such tools, despite their claims, is still a venture into highly uncertain territory.
• Complex Financial Instruments: The website mentions “XRPUSDT Perpetual Contract,” which is a derivative. Derivatives inherently involve a high degree of Gharar because their value is derived from an underlying asset, and their pricing can be complex, often opaque, and subject to rapid, unforeseen changes.
• Information Asymmetry: Even with advanced tools, individual traders are often at a disadvantage compared to large institutional players who have access to vast resources, information, and high-frequency trading capabilities. This inherent asymmetry contributes to Gharar for the individual.

Riba Interest Implications in Trading Mechanics

While TradesAI.com itself doesn’t explicitly charge interest, many of the underlying mechanisms in speculative trading, particularly in leveraged trading which is common in forex and crypto derivatives, involve Riba.

• Leverage and Overnight Fees: If the trading platform or broker used in conjunction with TradesAI.com’s signals offers leveraged trading, overnight funding fees swaps or rollovers are almost certainly Riba. These fees are essentially interest charged for borrowing funds to magnify trade positions.
• Margin Trading: Trading with margin, where you use borrowed funds to increase your exposure, is a core feature of many speculative markets. The cost of this borrowed capital is Riba.
• Perpetual Contracts and Funding Rates: Perpetual contracts, like the XRPUSDT Perpetual Contract mentioned, have funding rates. These are payments exchanged between long and short positions to keep the contract price close to the underlying asset’s spot price. While presented as a mechanism to stabilize the market, these funding rates can function as a form of interest, especially when held over extended periods.

The Illusion of Control and Guaranteed Profits

TradesAI.com uses phrases like “increase your profits significantly” and “master the market.” This kind of language, while common in marketing for trading tools, can create an illusion of control and guaranteed profits that is often misleading.

• Past Performance is Not Indicative of Future Results: The website showcases “Updated Signal” examples with “Take Profits” marked as “✅” achieved. While this may represent past performance, it is critical to remember that market conditions are constantly changing, and there is no guarantee that similar results will be achieved in the future.
• The Psychological Trap: The allure of quick, significant returns can be a powerful psychological trap, diverting individuals from sound, ethical financial practices. Chasing such gains often leads to irrational decision-making and substantial losses.
• Focus on Skills vs. Tools: While tools can be helpful, the focus should always be on developing sound financial knowledge, understanding market fundamentals, and engaging in productive, ethical ventures rather than relying on automated signals that promise to “master the market” for you.

TradesAI.com Alternatives: Ethical Wealth Building in Islam

Instead of engaging in speculative trading through platforms like TradesAI.com, which carry the risks of Maysir, Gharar, and Riba, Islamic principles guide us towards more ethical and sustainable methods of wealth generation.

The emphasis is on real economic activity, fair exchange, and tangible value creation. Avantitrails.com Reviews

Engaging in Halal Business Ventures

The most encouraged path to wealth in Islam is through honest trade and legitimate business.

This involves buying and selling goods, offering services, or producing something of value that benefits society.

• Entrepreneurship and Small Businesses: Consider starting a small business that provides a real product or service. This could be anything from a local bakery to an online consultancy, a tech startup, or even a modest retail operation. The Prophet Muhammad peace be upon him was a merchant, highlighting the virtue of honest trade.
• Partnerships Musharakah & Mudarabah: Islamic finance encourages profit-sharing partnerships.
  • Musharakah: A joint venture where two or more parties contribute capital and expertise, sharing profits and losses according to agreed-upon ratios. This eliminates interest and promotes mutual risk-taking.
  • Mudarabah: One party provides capital, and the other provides expertise and labor. Profits are shared, while losses are borne by the capital provider, unless the loss is due to the manager’s negligence.
• Agriculture and Real Estate: Investing in tangible assets like agricultural land or real estate that can generate rental income or appreciate through genuine development is a permissible and often stable form of investment. These are productive assets that contribute to the economy.

Ethical and Productive Investments

If direct business ownership isn’t your path, consider investments that align with Islamic ethical guidelines, avoiding interest, prohibited industries, and excessive speculation.

• Halal Stock Market Investing: This involves investing in publicly traded companies that comply with Sharia principles. Such companies typically:
  • Do not deal in prohibited industries: This includes alcohol, tobacco, gambling, conventional banking/insurance, pornography, and arms manufacturing.
  • Meet financial screening criteria: They typically have low levels of interest-based debt and interest-bearing assets.
  • Examples: Look for companies in sectors like technology, healthcare, manufacturing, consumer goods, and renewable energy, provided they meet the Sharia screening criteria. Many Islamic indices and Sharia-compliant funds are available.
• Sukuk Islamic Bonds: Instead of conventional interest-bearing bonds, Sukuk are asset-backed or asset-based instruments that represent ownership in tangible assets or shares in a permissible venture. They offer returns based on the performance of the underlying asset or project, not fixed interest.
• Commodity Trading with rules: While speculative commodity trading can be problematic, trading in physical commodities with immediate possession and no deferred payments e.g., spot trading of gold or silver with actual delivery can be permissible. The key is avoiding futures, options, and other derivatives that involve Gharar and Maysir.
• Islamic Mutual Funds and ETFs: These funds invest in a diversified portfolio of Sharia-compliant stocks and Sukuk, managed by experts who ensure adherence to Islamic principles. They offer diversification and professional management without engaging in prohibited activities.

Investing in Knowledge and Skills

Perhaps the most valuable investment you can make is in yourself—in knowledge and skills that can open doors to legitimate income streams.

• Education and Vocational Training: Acquire skills that are in demand, whether it’s programming, digital marketing, skilled trades, or professional certifications. These skills are tangible assets that empower you to earn a lawful and sustainable income.
• Financial Literacy: Understand the principles of halal finance, budgeting, and responsible saving. This knowledge will equip you to make sound financial decisions that align with your values.

By focusing on these alternatives, not only do you build wealth in a manner that is ethically sound and spiritually rewarding, but you also contribute positively to society by engaging in real economic activity and avoiding the pitfalls of speculative gambling. M1plates.co.uk Reviews

TradesAI.com Review & First Look

Based on checking the website, TradesAI.com immediately positions itself as a tool for automated and signal-based trading in highly volatile markets like cryptocurrencies and forex.

The homepage is visually driven, showcasing live “signals” with “Entry Zone,” “Stop Loss,” and “Take Profits” for assets like XRPUSDT Perpetual Contract and EURUSD.

The claim is that their “next-gen trading tools” will help users “trade smarter” and “increase profits significantly,” with a stated user base of “over 11,734 happy traders.”

Initial Impressions and Claims

• Automated Trading Focus: The core offering appears to be trading indicators and bots designed to automate market analysis and signal generation. This immediately flags concerns regarding the permissible nature of automated, speculative trading in Islam.
• Profit-Centric Language: Phrases like “START EARNING,” “increase your profits significantly,” and “Generate profits with confidence” are prominent. While appealing, this intense focus on quick monetary gains through predictions rather than productive economic activity is a red flag from an Islamic perspective.
• Market Coverage: The signals displayed cover both cryptocurrency pairs e.g., XRPUSDT Perpetual Contract and major forex pairs e.g., EURUSD. Both markets are known for extreme volatility and often involve mechanisms like leverage and derivatives that raise serious Sharia concerns.
• Ease of Use Claim: TradesAI.com emphasizes its tools are “EASY TO USE” and “highly customizable,” with “seamless integration.” This suggests an attempt to simplify complex trading for a broader audience, potentially drawing in individuals with limited financial literacy who are more susceptible to the inherent risks.
• Community Aspect: They promote joining their “VIP community of successful traders” on Telegram and Discord, which can create a sense of belonging and perceived legitimacy, but also risks fostering a culture of chasing speculative gains.

Concerns Raised Immediately

• Speculative Nature: The entire business model revolves around predicting price movements and executing trades based on these predictions. This is fundamentally speculative and aligns closely with Maysir gambling in Islamic finance, where wealth is gained without real effort or value creation, simply through chance.
• Derivatives Perpetual Contracts: The mention of “XRPUSDT Perpetual Contract” is highly problematic. Perpetual contracts are a type of derivative that allows trading on the price movements of an asset without owning the asset itself. They often involve leverage and funding rates, both of which introduce Riba interest and excessive Gharar uncertainty.
• AI for Predictions: While “AI-driven charting” sounds sophisticated, if its primary function is to predict future market prices for speculative trading, the output, regardless of its sophistication, still supports activities that are impermissible.
• Lack of Tangible Value: The service doesn’t involve the exchange of tangible goods or services in the traditional sense, nor does it represent investment in productive assets. It’s about profiting from price differences, which is generally not permissible unless it’s within very specific, Sharia-compliant trading frameworks e.g., spot trading with immediate settlement and possession, which is not the primary offering here.
• Testimonials Focus: The testimonials predominantly focus on “spot on tools,” “nice entries on the signals,” and “increased my win rate,” reinforcing the speculative, prediction-based nature of the service.

In essence, while TradesAI.com presents a sleek interface and promises of easy profits, the underlying activities it facilitates—speculative trading in highly volatile markets, especially with derivatives—are fundamentally at odds with Islamic financial principles.

TradesAI.com Cons

Based on a thorough review of the TradesAI.com website, the cons, particularly from an Islamic ethical perspective, are significant and numerous. Blustboosts.com Reviews

These concerns go beyond mere product limitations and touch upon fundamental principles of wealth generation and financial conduct.

• Facilitates Impermissible Financial Activities Maysir, Gharar, Riba:
  • Maysir Gambling: The core service is based on predicting price movements “signals” for assets like cryptocurrencies and forex pairs. This is inherently speculative, akin to a gamble, as profits are derived from chance and market volatility rather than productive effort or real economic value creation. The emphasis on “win rate” and “spot on signals” directly points to this gambling-like mechanism.
  • Gharar Excessive Uncertainty: Trading in highly volatile, unregulated markets like cryptocurrencies, especially with complex instruments like “Perpetual Contracts,” involves an extreme degree of uncertainty. No AI or indicator can eliminate this fundamental unpredictability, making any contract based on such high risk potentially void in Islam due to Gharar.
  • Riba Interest: While TradesAI.com itself doesn’t charge interest, the types of trading it facilitates e.g., perpetual contracts, leveraged forex trading almost certainly involve Riba through funding rates, overnight fees, or margin interest charged by the underlying brokers. It promotes engaging in a system where interest is pervasive.
• Promotes a “Get Rich Quick” Mentality:
  • The prominent messaging on the website, such as “START EARNING,” “increase your profits significantly,” and “generate profits with confidence,” taps into a desire for quick and easy wealth. This undermines the Islamic emphasis on diligence, hard work, and patient, ethical wealth accumulation through legitimate means.
  • Testimonials like “Increased my win rate!” and “Best win ratio I have found so far” reinforce this dangerous illusion that rapid, consistent profits are achievable through such tools, which is rarely the case in highly speculative markets.
• Lack of Transparency on Risk and Losses:
  • While all trading involves risk, the website heavily emphasizes potential gains and “successful traders” without adequately highlighting the inherent risks of significant financial losses, especially in highly volatile markets where even professional traders struggle for consistent profitability. There’s no clear, prominent disclaimer about the potential for losing all invested capital, which is crucial for speculative ventures.
  • The “signals” often show “Take Profits” as “✅,” implying consistent success, but do not show the signals that might have resulted in a “Stop Loss” or failed to reach profit targets. This selective presentation can be misleading.
• Focus on Derivatives and Unregulated Assets:
  • The explicit mention of “XRPUSDT Perpetual Contract” is a major red flag. Derivatives are complex, often illiquid, and their permissibility in Islam is highly debated, with most scholars deeming them impermissible due to high Gharar and often Riba components.
  • Cryptocurrencies themselves are highly volatile and their permissibility as an investment or currency is still a subject of ongoing scholarly discussion, primarily due to their speculative nature, lack of intrinsic value, and regulatory uncertainty.
• Encourages Passive Reliance on AI/Bots:
  • The idea of “automating your trading” and relying on “AI-driven charting” can discourage genuine financial literacy and understanding. Instead of teaching users how to analyze markets responsibly and make informed decisions based on fundamental economic principles, it promotes a passive reliance on a black box system.
  • This can lead to individuals making financial decisions they don’t fully comprehend, increasing their vulnerability to losses.
• Potential for High Transaction Costs/Fees External to TradesAI:
  • While TradesAI.com charges a subscription fee, the active trading necessitated by its signals and automation will incur significant transaction fees, spreads, and potentially funding costs from the connected brokerage platforms e.g., Bybit. These external costs can eat into any perceived profits, sometimes making profitability almost impossible for the average user, especially with frequent trades.
• Questionable Success Claims Unverified:
  • The claim of “over 11,734 happy traders” is a marketing statement and is difficult to verify. Testimonials, while present, are subjective and often cherry-picked. There’s no independent audit or verifiable track record presented for the “signals” performance over a sustained period, especially considering all potential losing trades.
  • The reliance on Trustpilot for reviews, while common, doesn’t provide a deep, objective analysis of the long-term financial outcomes for its users.

In summary, the fundamental cons of TradesAI.com stem from its promotion and facilitation of financial activities that are largely considered impermissible in Islam due to their speculative nature, involvement of interest, and excessive uncertainty.

It encourages a risky, “get-rich-quick” mindset rather than responsible, ethical wealth building.

TradesAI.com Pricing

Based on the TradesAI.com website, they offer a tiered pricing structure for their services, with an incentive for yearly subscriptions.

The focus is on providing access to their “Elite Indicator on TradingView” and “Multiple Private VIP All Asset Signals Channels.” Jedeclaremonmeuble.com Reviews

Here’s a breakdown of their stated pricing model:

• Ultimate Bundle Monthly Payment Option:
  • Monthly Price: $91.99
• Ultimate Bundle Yearly Payment Option – Discounted:
  • Monthly Price if paid yearly: $59.99
  • Yearly Price: $717.99
  • Savings Claimed: You save 35% a year by choosing the yearly plan.

What’s Included in the “Ultimate Bundle”

The website outlines specific features bundled under this package:

• Access to Elite Indicator on TradingView:
  • Works on ALL asset classes.
  • Includes automated AI-driven charting for:
    • Market Structure Breakouts MSBs
    • Reversal Order Blocks ROBs
    • Order Blocks OBs
    • Trendlines TLs
• Access to Multiple Private VIP All Asset Signals Channels:
  • Covers Metals, Currencies Forex, Indices, Commodities, and Cryptocurrencies.
• Higher Time Frame HTF & Lower Time Frame LTF VIP Signals:
  • Aimed to suit various trading styles.
• Accurate LIVE updates for signals.
• VIP Chart Analysis by their team of experts.
• Suitable for All Trading Levels, Beginner to Expert.
• Exclusive access to their VIP community of successful traders.

Financial Implications and Concerns

From an ethical and Islamic perspective, the pricing model, while seemingly straightforward for a subscription service, contributes to the overall problematic nature of the platform:

• Cost of Engaging in Impermissible Activities: The primary concern is that users are paying a significant subscription fee to access tools that facilitate speculative trading Maysir, potentially involve interest Riba through underlying brokers, and are fraught with excessive uncertainty Gharar. Essentially, you are paying for access to a system designed around activities that are largely considered impermissible.
• Ongoing Financial Commitment: Whether monthly or yearly, this is an ongoing cost. For traders, especially beginners, who are drawn in by the promise of “easy profits,” this subscription fee adds to the financial burden, particularly if they are not consistently profitable which is highly likely in speculative markets.
• No Guarantees of Profitability: While the service provides “signals” and “tools,” the subscription fee does not guarantee any actual trading profits. In fact, due to the inherent risks of speculative trading, users could lose their initial trading capital in addition to paying the subscription fee. The website itself contains no explicit disclaimers regarding the significant risk of capital loss, which is a major ethical oversight.
• “Savings” on Yearly Plan: The 35% discount for a yearly subscription incentivizes a longer commitment to a platform that promotes questionable financial practices. This encourages users to lock themselves into an impermissible activity for a more extended period.
• “All Asset Classes” Inclusion: The “Elite Indicator” working on “ALL asset classes” and signals for “Metals, Currencies, Indices, Commodities, Cryptocurrencies” means the platform is pushing users into a wide range of highly speculative markets, some of which involve complex derivatives like the mentioned perpetual contracts, amplifying the concerns about Riba and Gharar.

In summary, the pricing model for TradesAI.com, while standard for a SaaS product, becomes problematic because it charges for access to tools and signals that promote financial activities deemed impermissible in Islam.

It represents an expenditure towards an un-Islamic form of wealth acquisition. Mijnautoonderdelen.nl Reviews

TradesAI.com vs. Halal Alternatives

When we stack TradesAI.com against genuinely halal alternatives for financial growth, the contrast becomes stark.

TradesAI.com, and similar platforms promoting speculative trading, operate on principles that are often at odds with Islamic financial ethics.

Halal alternatives, on the other hand, focus on real economic activity, ethical conduct, and transparency, ensuring that wealth is generated through permissible means.

TradesAI.com’s Approach Problematic

• Focus on Speculation: TradesAI.com’s core offering is “trading indicators and bots” for speculative price movements in highly volatile markets cryptocurrencies, forex. This heavily relies on prediction rather than tangible value creation.
  • Maysir Gambling: The act of betting on price movements with tools promising “signals” and “entry/exit zones” strongly aligns with gambling. Profits are derived from chance, not productive effort.
  • Gharar Excessive Uncertainty: Engaging in complex financial instruments like “perpetual contracts” and highly volatile markets inherently involves extreme uncertainty, making transactions potentially invalid in Islam.
  • Riba Interest: While TradesAI.com itself doesn’t charge interest, the leveraged trading prevalent in forex and crypto derivatives often involves interest-based funding rates or overnight fees swaps, which are Riba.
• Passive Income Illusion: It promotes a narrative of “automating your trading and increase your profits significantly,” suggesting an easy, almost passive way to earn. This undermines the Islamic emphasis on hard work and diligence in acquiring wealth.
• Lack of Tangible Asset Ownership: The trading facilitated by TradesAI.com typically involves contracts for difference CFDs or derivatives where the user never actually owns the underlying asset. Wealth is generated through price difference, not ownership and productive use of an asset.
• High Risk with Limited Transparency: While all trading has risk, the promotional material heavily emphasizes gains and success stories “increased my win rate” without equally prominent warnings about the high probability of substantial losses, which is common in speculative trading.

Halal Alternatives Ethical and Recommended

Halal alternatives focus on building wealth through real economic activity, shared risk, and tangible assets, adhering to the principles of justice, fairness, and productivity.

• Halal Equity Investing:
  • Focus: Investing in the shares of publicly traded companies that comply with Sharia principles. These companies operate in permissible industries e.g., tech, healthcare, manufacturing, real estate development, consumer goods, have low levels of interest-based debt, and don’t engage in impermissible income streams.
  • How it works: You become a part-owner of a real business that produces goods or services, creating value. Your returns come from the company’s actual profits and growth, not merely speculative price swings.
  • Key Differences: This involves tangible ownership shares represent a stake in the company, focuses on long-term growth and dividends, and avoids Riba, Maysir, and excessive Gharar.
  • Example: Investing in a Sharia-compliant ETF or using a brokerage that offers Sharia-screened stocks.
• Halal Real Estate Investment:
  • Focus: Acquiring physical property residential, commercial, land for rental income or capital appreciation through development.
  • How it works: You own a tangible asset that provides a valuable service shelter, business space and generates income through rent. Appreciation comes from real economic factors like demand, infrastructure development, or improvements.
  • Key Differences: Clear, tangible asset ownership. income generated from legitimate services rent. low Gharar and no Riba if financed through halal means e.g., Musharakah, Ijarah.
• Musharakah & Mudarabah Partnerships:
  • Focus: Engaging in profit-sharing and loss-sharing partnerships for business ventures.
  • How it works: You either contribute capital and labor Mudarabah or capital alongside other partners Musharakah to a real business. Profits are shared according to a pre-agreed ratio, and losses are shared proportionally in Musharakah or borne by the capital provider in Mudarabah, unless due to negligence.
  • Key Differences: Promotes ethical business, shared risk and reward, real economic activity, and avoids interest entirely. This is a highly encouraged form of wealth generation in Islam.
• Ethical Entrepreneurship:
  • Focus: Starting and growing a legitimate business that produces goods, offers services, or engages in permissible trade.
  • How it works: You create value, employ people, and contribute to the economy. Profits are a reward for your effort, innovation, and meeting market needs.
  • Key Differences: Directly aligned with the Sunnah of the Prophet Muhammad PBUH, who was a merchant. It emphasizes hard work, integrity, and providing real value.
• Takaful Islamic Insurance:
  • Focus: Cooperative insurance system based on mutual assistance and donation, rather than traditional interest-based insurance.
  • How it works: Participants contribute to a common fund, and if a member suffers a loss, they are compensated from this fund. Any surplus is distributed among participants.
  • Key Differences: Eliminates Riba and Gharar found in conventional insurance by operating on principles of cooperation and shared responsibility.

In conclusion, while TradesAI.com offers tools for quick, speculative gains, it does so in a manner that conflicts with Islamic financial principles. Parrot.com Reviews

The halal alternatives, though often requiring more patience and effort, offer a path to wealth that is blessed, sustainable, and ethically sound, aligning with the true purpose of wealth in Islam: to serve humanity and gain Allah’s pleasure.

How to Cancel TradesAI.com Subscription

Given the strong reservations about the permissibility of the activities facilitated by TradesAI.com, cancelling any subscription becomes a priority for a Muslim seeking to align their financial practices with Islamic principles.

While the website states “CANCEL ANYTIME Cancel anytime in 1-click from your dashboard, with round the clock support,” the exact process might vary slightly depending on their current system.

Here’s a general guide on how to typically cancel a subscription for a service like TradesAI.com, based on common online practices:

1. Log In to Your Account

• Access the TradesAI.com Website: Go to the official TradesAI.com website.
• Locate “My Account” or “Dashboard”: Look for a “My Account,” “Login,” “Dashboard,” or similar link, usually found in the top right corner of the homepage or within the main navigation menu.
• Enter Credentials: Use your registered email address and password to log in. If you’ve forgotten your password, look for a “Forgot Password” or “Reset Password” option.

2. Navigate to Subscription/Billing Settings

• Find Billing or Subscription Section: Once logged in, you’ll typically find a section dedicated to your account settings, billing, subscriptions, or membership details. This might be labeled as “Settings,” “Billing,” “Subscription,” “Manage Plan,” or “My Plans.”
• Locate Active Subscription: Within this section, you should see details about your current “Ultimate Bundle” subscription, including its status active, trial, etc., renewal date, and pricing.

3. Initiate the Cancellation Process

• Look for a “Cancel” Button/Link: As TradesAI.com claims “1-click cancel from your dashboard,” there should be a clear “Cancel Subscription,” “Manage Subscription,” or “Turn Off Auto-Renew” button or link next to your active plan.
• Follow Prompts: Click on the cancellation option. The system may ask for a reason for cancellation you can state it’s due to personal reasons or simply decline to provide one or attempt to offer incentives to stay.
• Confirm Cancellation: Ensure you follow all steps until you receive a clear confirmation that your subscription has been cancelled. This might be a confirmation message on the screen, an email confirmation, or both. Retain this confirmation for your records.

4. Check for Cancellation Confirmation

• Email Confirmation: TradesAI.com should send an email confirming your cancellation. Check your inbox and spam/junk folders for this email. This is crucial proof of cancellation.
• Dashboard Status: Re-log in to your TradesAI.com account after a short while to verify that your subscription status has changed to “Cancelled” or “Expires on .”

5. If You Encounter Issues

• Contact Customer Support: If you cannot find the cancellation option, the “1-click” doesn’t work, or you don’t receive a confirmation, immediately contact TradesAI.com’s customer support.
  • The website mentions “Support” in its navigation. Look for a “Contact Us” page, email address, or live chat option.
  • Clearly state your intention to cancel and provide your account details. Keep a record of all correspondence email transcripts, chat logs, call details.
• Payment Processor/Bank Last Resort: If all attempts to cancel directly through TradesAI.com fail and you continue to be charged, contact your bank or payment processor e.g., PayPal, credit card company to stop future payments and dispute any charges. Explain that you attempted to cancel the service directly. This should be a last resort after attempting direct cancellation.

Important Considerations Post-Cancellation

• No Refunds: It’s unlikely that TradesAI.com offers pro-rata refunds for the unused portion of a subscription period especially for yearly plans, but review their Terms of Service for clarity on their refund policy.
• Data Deletion: If you wish to ensure your data is removed, you may need to explicitly request account deletion after cancellation, especially if their policy doesn’t automatically delete data upon subscription termination.
• Shift Focus: Once cancelled, redirect your financial focus towards permissible and ethical avenues of wealth generation, such as halal investments in real assets, ethical entrepreneurship, or Sharia-compliant financial products. This proactive step helps to purify your earnings and align with Islamic values.

By following these steps, you can effectively cancel your TradesAI.com subscription and move away from financial activities that carry significant Sharia concerns. Kenjosabers.nl Reviews

How to Cancel TradesAI.com Free Trial

While the TradesAI.com website doesn’t explicitly advertise a “free trial” in the same way it details its pricing, many subscription services offer trials that convert to paid subscriptions if not cancelled.

If TradesAI.com does offer an unadvertised trial, or if you signed up for a promotional period that might transition into a full subscription, the process to cancel would be similar to a regular subscription cancellation, with an added urgency to avoid being charged.

Given the concerns regarding the impermissibility of activities facilitated by TradesAI.com, it is imperative to cancel any trial or promotional access promptly to avoid any financial commitment to such a service.

1. Immediate Action After Signing Up for a Trial

• Mark Your Calendar: As soon as you sign up for any trial, note down the exact date and time the trial ends. Set a reminder at least 24-48 hours before the end date to initiate cancellation.
• Locate Cancellation Information: Even during a trial, check the “My Account,” “Settings,” or “Subscription” section immediately after signing up to understand their cancellation policy and process. This foresight can save you trouble later.

2. Access Your TradesAI.com Account

• Go to the Website: Navigate to TradesAI.com.
• Log In: Use the credentials you created during the trial sign-up process usually email and password.

3. Find Your Subscription/Trial Details

• Navigate to Account Settings: Once logged in, look for links like “My Account,” “Dashboard,” “Settings,” “Billing,” or “Subscription.”
• Identify Your Trial Status: Within this section, you should see information about your current “trial” or “free access” period and the date it’s set to convert to a paid subscription.

4. Initiate the Cancellation

• Locate “Cancel Trial” or “Manage Subscription”: Look for a prominent button or link that says “Cancel Trial,” “Cancel Subscription,” “Manage Plan,” or “Turn Off Auto-Renew.” TradesAI.com claims a “1-click cancel from your dashboard,” which should apply here.
• Follow Prompts Carefully: Click the cancellation option. You might be asked for feedback or offered incentives to stay. Politely decline and proceed with the cancellation.
• Confirm Cancellation: Complete all steps. Ensure you receive a confirmation message on the screen indicating that your trial has been successfully cancelled and you will not be charged.

5. Verify Cancellation Crucial Step

• Check Your Email: Immediately after completing the process, check your email inbox and spam/junk folders for a cancellation confirmation email from TradesAI.com. This email is your primary proof that you won’t be charged.
• Re-check Dashboard: Log out and then log back into your TradesAI.com account after some time. Your subscription status should reflect that the trial has ended or that future charges have been prevented.
• Monitor Your Payment Method: If you provided credit card details for the trial which is common, keep an eye on your bank or credit card statements for the next billing cycle to ensure no charges from TradesAI.com appear.

6. What to Do If You’re Charged After Cancelling a Trial

• Contact TradesAI.com Support: If you are charged despite cancelling, immediately contact TradesAI.com support with your cancellation confirmation email or screenshot. Explain the situation and request a refund.
• Dispute with Your Bank/Payment Processor: If TradesAI.com does not resolve the issue, contact your bank or credit card company to dispute the charge. Provide them with details of your cancellation attempts and the confirmation you received.

By acting swiftly and carefully, you can ensure that you cancel any free trial for TradesAI.com before incurring charges for a service that promotes financial activities problematic from an Islamic perspective.

This aligns with the principle of avoiding doubtful matters and maintaining financial purity. Greenhomesystems.co.uk Reviews

TradesAI.com Alternatives Halal Financial Practices

When discussing alternatives to TradesAI.com, it’s not about finding another speculative trading platform with a different set of signals or AI.

Instead, the focus shifts entirely to genuinely halal financial practices—avenues for wealth growth and investment that align with Islamic principles, avoiding Riba interest, Maysir gambling, and Gharar excessive uncertainty. These alternatives emphasize real economic activity, ethical conduct, and tangible value creation.

1. Halal Stock Market Investing

• Concept: Investing in the shares of publicly traded companies that operate in Sharia-compliant industries and meet specific financial screening criteria.
• How it Works: You become a part-owner of a real business that produces goods or services. Your returns come from the company’s legitimate profits and growth, not through speculation on price fluctuations alone though capital appreciation is a component.
• Key Filters:
  • No Prohibited Industries: Avoid companies involved in alcohol, tobacco, gambling, conventional banking/insurance, pornography, arms, etc.
  • Financial Ratios: Companies must meet specific thresholds for interest-bearing debt, interest-bearing assets, and non-compliant income.
  • Purification if needed: A small portion of non-compliant income e.g., interest earned by the company might need to be purified given to charity.
• Examples: Invest in companies in technology, healthcare, manufacturing, real estate development, or consumer staples, provided they pass the Sharia screening. Look for Sharia-compliant ETFs or mutual funds offered by Islamic financial institutions or consult with a reputable Sharia advisor.
• Why it’s Better: Involves ownership of productive assets, aligns with real economic activity, and avoids the major prohibitions of Riba, Maysir, and Gharar found in speculative trading.

2. Real Estate Investment

• Concept: Investing in physical properties residential, commercial, industrial for rental income or long-term capital appreciation.
• How it Works: You own a tangible asset that provides a valuable service shelter, business space and generates consistent, permissible income through rent. Capital appreciation occurs due to genuine market demand, development, or improvements to the property.
• Key Considerations:
  • Halal Financing: If financing is needed, ensure it’s through Sharia-compliant modes like Murabaha cost-plus financing, Musharakah Mutanaqisah diminishing partnership, or Ijarah leasing.
  • Permissible Use: Ensure the property will be used for lawful purposes.
• Examples: Buying a rental apartment, investing in commercial real estate, or participating in a Sharia-compliant real estate investment trust REIT.
• Why it’s Better: Involves tangible asset ownership, generates income from legitimate services, and is generally stable with lower Gharar compared to volatile markets.

3. Halal Business Ventures & Entrepreneurship

• Concept: Starting or investing in a legitimate business that produces goods, offers services, or engages in ethical trade.
• How it Works: You contribute capital, effort, or both to create real economic value. Profits are earned through fair exchange and meeting market needs. This is the most encouraged form of wealth generation in Islam.
• Key Principles:
  • Honest Trade: No deception, fraud, or exploitation.
  • Ethical Products/Services: Deal only in permissible goods and services.
  • Risk-Sharing: Profits and losses are shared proportionally.
• Examples: Opening a halal restaurant, launching an e-commerce store for modest fashion or Islamic products, providing IT consulting services, or becoming a certified organic farmer.
• Why it’s Better: Direct application of Islamic economic principles, promotes self-sufficiency, creates employment, and fosters community development. It’s about genuine wealth creation through productive effort.

4. Musharakah and Mudarabah Islamic Partnerships

• Concept: Formal profit-and-loss sharing partnerships between individuals or entities.
• How it Works:
  • Musharakah: All partners contribute capital and/or effort and share profits and losses according to agreed-upon ratios. It’s a true joint venture.
  • Mudarabah: One party provides capital Rabb al-Mal, and the other provides expertise and management Mudarib. Profits are shared based on a pre-agreed ratio, while losses are borne by the capital provider, unless due to the Mudarib’s negligence.
• Key Advantages: Eliminates interest, promotes mutual cooperation, and encourages risk-sharing, which are cornerstones of Islamic finance.
• Examples: Two friends pooling money to start a business, or an investor providing capital to an entrepreneur to launch a new product line with a profit-sharing agreement.
• Why it’s Better: Directly addresses the issue of Riba and promotes equitable sharing of risks and rewards in productive ventures.

5. Ethical Commodity Trading with strict rules

• Concept: Trading in physical commodities like gold, silver, or agricultural products, but only under strict Sharia rules to avoid Maysir and Gharar.
• How it Works: Requires immediate possession and delivery of the commodity “hand-to-hand” to avoid speculative trading on mere price differences without actual ownership. Futures, options, and other derivatives are generally impermissible.
  • Spot Trading Only: No deferred payments or speculative contracts.
  • Actual Possession/Constructive Possession: The buyer must take possession of the commodity before reselling.
  • No Leveraged Trading: Avoid trading with borrowed money that incurs interest.
• Examples: Buying physical gold coins for investment, or a business importing a physical commodity for its use or to sell it directly to end-users after taking possession.
• Why it’s Better when compliant: If strictly adhered to, it involves the exchange of tangible assets. However, the complexity of fulfilling the “possession” requirement in modern commodity markets means this area often faces significant Sharia scrutiny.

These alternatives provide a framework for generating wealth that respects Islamic ethical boundaries, focusing on stability, justice, and real economic contribution rather than the risky and often impermissible avenues promoted by platforms like TradesAI.com.

Frequently Asked Questions

Is TradesAI.com a legitimate company?

Based on looking at the website, TradesAI.com presents itself as a legitimate company offering trading indicators and signals.

They have a detailed website, customer testimonials, and a clear pricing structure. Dinosaurized.com Reviews

However, “legitimate” does not equate to “Sharia-compliant” or “risk-free.” The legitimacy pertains to their operation as a business, not the permissibility of their offerings.

What kind of trading does TradesAI.com facilitate?

TradesAI.com facilitates speculative trading primarily in cryptocurrencies e.g., XRPUSDT Perpetual Contract and forex e.g., EURUSD markets, using AI-driven indicators and signals for entry and exit points.

Does TradesAI.com guarantee profits?

No.

While TradesAI.com uses marketing language like “increase your profits significantly” and shows successful past signals, no legitimate trading tool can guarantee profits, especially in highly volatile markets.

All trading involves significant risk, and past performance is never indicative of future results. Hsedocs.com Reviews

Is trading cryptocurrencies permissible in Islam?

The permissibility of trading cryptocurrencies is a subject of ongoing scholarly debate among Islamic scholars.

Key concerns include their speculative nature Maysir, volatility Gharar, lack of tangible backing, and sometimes their use in impermissible activities.

Many scholars advise caution or deem it impermissible due to the high risks and speculative elements.

Is forex trading permissible in Islam?

Forex trading, particularly leveraged spot trading and derivatives, is generally considered impermissible in Islam due to elements of Riba interest from swaps/overnight fees, Maysir gambling from speculation, and Gharar excessive uncertainty. Pure spot forex trading without leverage, with immediate exchange and possession, might be permissible in very specific, limited scenarios, but this is rarely what online platforms offer.

What is a “Perpetual Contract” mentioned on TradesAI.com?

A “Perpetual Contract” is a type of derivative often used in cryptocurrency markets. Thermohomesolar.co.uk Reviews

It’s a futures contract without an expiry date, designed to track the underlying asset’s spot price.

They typically involve leverage and “funding rates,” which are payments exchanged between long and short positions, raising serious concerns about Riba interest in Islamic finance.

Are “AI-driven charting” tools permissible in Islam?

The tools themselves the AI and charting software are not inherently impermissible.

However, if their primary purpose is to facilitate speculative trading activities that involve Riba, Maysir, or Gharar, then using them for that purpose becomes impermissible.

How do TradesAI.com signals work?

Based on the website, TradesAI.com signals provide specific “Entry Zone,” “Stop Loss,” and “Take Profits” points for various asset pairs. Babyhouse.biz Reviews

These are generated by their “Elite Indicator” which uses AI-driven charting for market structure breakouts, order blocks, and trendlines, essentially guiding users on when to buy or sell.

What are the main ethical concerns with using TradesAI.com from an Islamic perspective?

The main ethical concerns are:

1. Maysir Gambling: The reliance on predicting price movements for profit.
2. Gharar Excessive Uncertainty: High volatility and complex derivatives.
3. Riba Interest: Indirectly through leveraged trading and funding rates on platforms connected to the signals.
4. Promoting “Get Rich Quick”: Diverting from ethical wealth accumulation through productive work.

Does TradesAI.com offer a free trial?

The website doesn’t explicitly advertise a “free trial” in its prominent pricing section.

However, some services may offer unadvertised trials or promotional periods.

If one is offered, it’s crucial to cancel it immediately to avoid automatic conversion to a paid subscription, especially given the impermissible nature of the activities. Linxdot.com Reviews

How do I cancel my TradesAI.com subscription?

To cancel your TradesAI.com subscription, you typically need to log in to your account on their website, navigate to your “My Account,” “Subscription,” or “Billing” section, and look for a “Cancel Subscription” or “Manage Plan” option.

They claim a “1-click cancel from your dashboard.” Always ensure you receive a confirmation email.

What are some halal alternatives to speculative trading platforms like TradesAI.com?

Halal alternatives focus on real economic activity and tangible assets, such as:

1. Halal Stock Market Investing: Investing in Sharia-compliant companies.
2. Real Estate Investment: Buying physical property for rental income or appreciation.
3. Halal Business Ventures/Entrepreneurship: Starting or investing in legitimate businesses.
4. Musharakah & Mudarabah: Engaging in Islamic profit-sharing partnerships.
5. Ethical Commodity Trading: Spot trading of physical commodities with immediate possession.

Can beginners use TradesAI.com?

Yes, TradesAI.com explicitly states its tools are “Suitable For All Trading Levels, Beginner to Expert.” This indicates they target new traders, which is concerning due to the high risks involved for inexperienced individuals in speculative markets.

What is the cost of TradesAI.com’s “Ultimate Bundle”?

The “Ultimate Bundle” costs $91.99 per month, or $59.99 per month if paid annually $717.99 per year, offering a 35% yearly saving. Nikolatoy.com Reviews

Does TradesAI.com offer refunds for subscriptions?

The website’s publicly available information does not detail a refund policy for subscriptions.

It is advisable to review their full Terms of Service or contact their support directly for information on refunds.

What community support does TradesAI.com offer?

TradesAI.com offers access to a “VIP community of successful traders” on Telegram and Discord, where users can “Gain valuable insights into strategies, resources, and be the first to discover upcoming releases.”

Is linking my Bybit account to TradesAI.com permissible?

Linking your Bybit account or any other crypto exchange to TradesAI.com for automated trading would mean you are using their signals to execute trades on Bybit.

Since Bybit offers leveraged trading and perpetual contracts, using it in conjunction with TradesAI.com’s signals would likely involve impermissible elements like Riba and Maysir.

Does TradesAI.com provide educational resources?

The website mentions “Resources” and a “Free Trading Guide” and “Insights,” which suggests they offer some educational content.

However, the nature of this education would likely be focused on speculative trading strategies, which are problematic from an Islamic finance perspective.

What are “Market Structure Breakouts MSBs” and “Order Blocks OBs” as mentioned by TradesAI.com?

These are technical analysis concepts used by traders to identify potential entry and exit points.

MSBs refer to significant shifts in price trends, while OBs are price zones where large institutional orders may have been placed, signaling potential support or resistance.

While these are analytical tools, using them for speculative trading remains problematic.

What if I’ve already invested through a platform like TradesAI.com?

If you have already invested, it is advisable to immediately stop engaging in new speculative trades, cancel your subscription, and gradually exit any open positions that involve impermissible elements like Riba, Maysir, or Gharar.

Seek guidance from knowledgeable Islamic scholars on how to purify any past earnings from impermissible sources.

The priority should be to align your future financial activities with Sharia principles.