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PropFirm Trading
Assalam Alaikum sir, I would like to know it more clearly, I have same confusion for propfirm trading, so basically they provide us virtual funds to trade and they copy our trades and do trading from our analysis and give use profits for that, thats basic principle, and yeah its not free we need to pay fees for a challenge and then prove ourself as a good trader by completing their 15% profit target under some conditions, only after that they provide us funds, and they dont always put their money in real market always if we did so, and we cant know when they will follow our trades or not, so thats basic defination of propfirm trading, and one thing, the way they trade is future trading and cfd trading, but we dont do so, because we are not putting even a single dollar in real market, we are just helping them to decide for trades,
so after all this, my question is that, sir can you give me fatwa that its permitted in Islam and I can easily do this? and you will be resposible for my all sins in this type of trading if its haram in actual, thanks sir, I would love to know your answer plz.
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