Based on checking the website, Sixfigurecapital.com primarily focuses on providing trading education and software related to financial markets, specifically Forex, commodities, and cryptocurrencies.
The platform offers courses like the “14-Day Course” and “Harmonic Mastery Course,” alongside harmonic pattern recognition software for various trading platforms.
Here’s an overall review summary:
- Website Focus: Trading education Forex, commodities, cryptocurrencies and harmonic pattern software.
- Key Offerings:
- 14-Day Course: Beginner to expert trading fundamentals.
- Harmonic Mastery Course: Advanced technical trading.
- Harmonic Pattern Software: For MetaTrader 4, eSignal, NinjaTrader 7/8.
- Pricing: Two main membership options: £97 monthly for 12 months total £1164 or a one-time payment of £800 for lifetime access.
- Content: Detailed course outlines, testimonials, and claims of teaching strategies for various financial markets.
- Ethical Consideration Islamic Finance: The core business revolves around trading financial markets Forex, commodities, cryptocurrencies and promoting strategies that often involve speculation, interest-based elements implied in leveraged trading, and potential for Riba interest, which are generally not permissible in Islamic finance. While the site emphasizes “education,” the application of this education in conventional trading environments often leads to forbidden practices. Therefore, from an Islamic perspective, Sixfigurecapital.com and its offerings are highly discouraged due to the inherent involvement with non-halal financial instruments and speculative practices. Engaging in such activities carries significant risks and goes against the principles of ethical wealth accumulation in Islam.
The website aims to attract individuals seeking to learn trading and potentially achieve financial gains through speculative market movements.
However, for those adhering to Islamic financial principles, the fundamental nature of these trading activities, particularly in leveraged Forex and derivative markets, presents significant concerns regarding permissibility.
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The emphasis on “exploiting the natural order of financial markets” and “mastering the art and science of trading” often points towards methods that are not aligned with Sharia-compliant investment and wealth-building strategies.
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.
Best Ethical Alternatives:
Since conventional trading and speculative financial instruments are largely discouraged in Islamic finance due to elements of Riba interest, Gharar excessive uncertainty/speculation, and Maysir gambling, here are alternative avenues for skill development, ethical investment, and wealth creation that align with Islamic principles:
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- Key Features: Focuses on investing in publicly traded companies that comply with Sharia principles e.g., no involvement in alcohol, gambling, interest-based finance, or other forbidden activities. Involves fundamental analysis and long-term investment.
- Price: Varies significantly based on brokerage fees, investment amounts, and educational resources. Books and online courses range from free to hundreds of dollars.
- Pros: Permissible, promotes real economic activity, potentially long-term wealth growth, diverse investment options.
- Cons: Requires research to identify Sharia-compliant stocks, market fluctuations, not a “get-rich-quick” scheme.
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Islamic Crowdfunding Platforms
- Key Features: Allows individuals to invest in or donate to various projects business ventures, social initiatives, real estate that are Sharia-compliant. Often based on profit-sharing Mudarabah or joint venture Musharakah models.
- Price: Varies by platform and investment size. some platforms take a percentage of funds raised.
- Pros: Supports ethical businesses and social causes, direct involvement in real economic ventures, aligns with Islamic principles.
- Cons: Higher risk for new ventures, liquidity can be low, fewer established platforms compared to conventional crowdfunding.
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- Key Features: Direct ownership of tangible assets like residential or commercial properties, generating rental income or capital appreciation. Can be structured through Sharia-compliant financing.
- Price: Significant capital investment required, or Sharia-compliant financing options.
- Pros: Tangible asset, potential for stable income, inflation hedge, widely permissible.
- Cons: High barrier to entry, illiquid asset, management responsibilities, market downturn risks.
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Ethical E-commerce Business Education
- Key Features: Courses and resources on building and running an online business selling halal products or services. Focuses on legitimate trade, marketing, and customer service.
- Price: Online courses range from tens to thousands of dollars. business startup costs vary.
- Pros: Direct value creation, aligns with honest trade, flexible work arrangements, scalable.
- Cons: Requires significant effort and time, market competition, inventory management.
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Professional Skill Development Courses
- Key Features: Investing in courses that enhance marketable professional skills e.g., programming, data analysis, digital marketing, graphic design, project management. These skills can lead to stable employment or freelance opportunities.
- Price: Ranges from free MOOCs to thousands of dollars for certifications or specialized bootcamps.
- Pros: Direct path to employment or legitimate income, improves employability, widely permissible, tangible skill acquisition.
- Cons: Requires dedication and practice, competitive job markets.
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Permissible Precious Metals Investing
- Key Features: Direct ownership of physical gold and silver, viewed as a store of value and hedge against inflation. This is permissible as long as the exchange is immediate and involves physical possession or clear contractual ownership.
- Price: Fluctuates with market prices. storage and insurance costs may apply.
- Pros: Tangible asset, historical store of value, inflation hedge, permissible when physical.
- Cons: Doesn’t generate income, storage risks, price volatility.
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Sharia-Compliant Mutual Funds/ETFs
- Key Features: Investment funds that only hold stocks and assets that are screened for Sharia compliance. Managed by professionals, offering diversification.
- Price: Management fees typically range from 0.5% to 2% annually.
- Pros: Diversification, professional management, convenient way to invest ethically, liquid.
- Cons: Fees can eat into returns, performance is tied to market, limited options compared to conventional funds.
Sixfigurecapital.com Review & First Look
Based on an initial review of Sixfigurecapital.com, the website positions itself as a premier destination for individuals looking to “master the art and science of trading” in financial markets.
The core offerings revolve around educational courses and specialized software designed to help users engage in Forex, commodities, and cryptocurrency trading.
The site features prominently a “14-Day Course” and a more advanced “Harmonic Mastery Course,” claiming to transform beginners into experts.
The visual presentation is professional, with clear navigation and direct calls to action, such as “GET UP TO 60% OFF TRADINGVIEW FOR BLACK FRIDAY” and “SIGN ME UP!” It attempts to build credibility by stating “AS SEEN ON:” without explicitly naming the platforms, which can be a red flag for transparency.
The narrative from Lewis Glasgow, the alleged founder, speaks to his decade of experience in trading and fine-tuning a “same trading strategy for various financial markets.” This narrative aims to reassure potential customers that they are learning from an experienced practitioner. Digitecho.com Review
However, a critical look reveals several areas for concern, especially when evaluated through an ethical lens, particularly concerning Islamic finance principles.
The emphasis on “exploiting” markets and rapid learning “become a trader within 14 days” often masks the inherent risks and speculative nature of the activities promoted.
While the website promises to “cut your learning curve by 90%,” it’s crucial to understand that trading, especially speculative trading in highly volatile markets like Forex and cryptocurrencies, is fraught with significant risks and often involves elements that are considered impermissible in Islam.
The claims of “results” are anecdotal, relying on testimonials rather than independently verifiable statistics or disclosures of typical user success rates, which are often very low in retail trading.
Understanding the Nature of Trading Activities
The primary activities promoted on Sixfigurecapital.com – Forex, commodities, and cryptocurrency trading – involve complex financial instruments. Winsomegirl.com Review
- Forex Trading: This involves exchanging one currency for another, often on margin, meaning traders borrow money to amplify their potential returns. The use of leverage and the overnight interest riba associated with holding positions are major concerns in Islamic finance. Furthermore, the highly speculative nature, where gains are often derived from mere price fluctuations rather than the exchange of real goods or services, makes it problematic. According to a study by the National Futures Association NFA, a vast majority of retail Forex traders lose money, with figures often cited as high as 70-80%.
- Commodities Trading: While physical commodity exchange is permissible, speculative trading of commodity futures or derivatives without actual possession or immediate exchange often falls under the category of Gharar excessive uncertainty and Maysir gambling if the intent is purely speculative gain from price movements.
- Cryptocurrency Trading: This is a debated area in Islamic finance. While some scholars view certain cryptocurrencies as permissible assets, trading them with high leverage, for speculative purposes, or on platforms with interest-bearing features can render it impermissible. The volatility and lack of tangible backing for many cryptocurrencies also add to the uncertainty element.
Key takeaway: The fundamental issue isn’t the acquisition of knowledge itself, but the application of that knowledge in activities that contravene Islamic principles of wealth creation, which emphasize real economic activity, risk-sharing, and avoidance of Riba, Gharar, and Maysir.
Sixfigurecapital.com Course Structure
The website highlights two main educational products: the “14-Day Course” and the “Harmonic Mastery Course.” Both are presented as comprehensive guides to trading financial markets.
The 14-Day Course: Foundation for “Prosperous Trading”
This course is described as the “foundation for prosperous trading,” designed to take “any trader no matter their experience level from rookie to expert.” It’s structured into 19 simplified videos, seemingly covering a broad range of topics over 14 days.
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Content Overview:
- Days 1-3: Introduction to trading, basics of Forex, currency pairs, and market terminology pips, profit calculation.
- Days 4-5: Trader personality, types of analysis, trading journals, and understanding Japanese Candlesticks.
- Days 6-8: Financial charting TradingView, market structure trending, ranging, and technical analysis trendlines, support/resistance, price channels, triangles, wedges, flags, price gaps.
- Days 9-10: Introduction to Harmonic Patterns M’s and W’s, Fibonacci retracements/extensions, Bat, Gartley, Butterfly, Crab patterns.
- Day 11: Confluence combining technical analysis, multiple time frame analysis, trading checklist.
- Day 12: Risk Management risk-off approach, compound interest, risk-to-reward ratio, capital protection, position sizing.
- Day 13: Trading Psychology fear/greed, investor emotions, planning, anticipation vs. expectation, locus of control.
- Extra Module: A Day in the Life of a Trader daily habits, meditation, millionaire morning routine.
- Day 14: Dealing with brokers, trading platforms, demo vs. live trading, trading terminology, carry trade, market walkthrough.
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Resources: Includes downloadable materials like a “Six Figure Breakthrough,” “Currency Pairs Cheat Sheet,” “Trading Journal PDF & Excel,” “The Language of Price,” “Harmonic Trading,” and a “Compound Interest Calculator.” Imglifeshop.com Review
The course appears comprehensive in covering the technical aspects of trading. However, the critical omission, from an ethical standpoint, is the absence of any discussion on Islamic finance principles or how to engage in these markets in a Sharia-compliant manner. Given the inherent interest Riba and speculative Gharar, Maysir elements in many of the discussed trading strategies, this course would inadvertently guide users towards impermissible activities.
Harmonic Mastery Course: Advanced Technical Trading
This is positioned as “one of the most advanced technical trading courses available on the market,” building upon the foundational 14-day course. It comprises 13 advanced modules.
* Core Concepts: Harmonic Trading Methodology, History of Fibonacci, Fibonacci Ratios, Historic Technicians, Geometric Principles, Market Sine-ature.
* Pattern Expansion: Growing harmonic collection of 5-point patterns Alternate Bat, Deep Crab, Shark, Cypher.
* Peculiar Patterns: AB=CD Pattern, Alternate AB=CD, Reciprocal AB=CD, Three Drives, 50% Retracement.
* Distinctions: Harmonic Trading vs. Advanced Pattern Trading.
* Software & Size: Harmonic Pattern Software, Harmonic Pattern Size, Fibonacci Time Zones, Equivalent and Alternate Time Projections.
* Price Structure: Impulsive vs. Corrective, Principles of Price Legs, Reactive Measurements, BAMM Theory Bat Action Magnet Move.
* Coming Soon Modules: Harmonic Confluence, Potential Reversal Zone, Trade Management System, Trading Timeframes, Pattern Violations.
- Resources: Includes a downloadable “Harmonic Mastery” guide.
This course delves deep into complex technical analysis tools, specifically harmonic patterns.
While technical analysis itself is a tool, its application in speculative, leveraged trading contexts, as is common in Forex and derivatives, is what makes it problematic from an Islamic perspective.
The emphasis here is on pattern recognition for predictive purposes, which, when applied to gain from mere price fluctuations without real economic exchange, borders on Maysir. Electricboogaloo.club Review
Sixfigurecapital.com Pros & Cons
When evaluating Sixfigurecapital.com, it’s important to consider both the perceived benefits from a conventional trading perspective and the significant drawbacks, especially concerning ethical and Islamic financial guidelines.
Cons Primary Focus from an Ethical Standpoint
- Promotion of Riba Interest: The primary focus on Forex trading, which often involves leveraged positions, inherently links to interest-based transactions overnight swap fees, margin interest. Riba is explicitly forbidden in Islam. The course content does not address or offer Sharia-compliant alternatives to these practices.
- Encouragement of Gharar Excessive Uncertainty and Maysir Gambling: Trading highly volatile instruments like Forex and cryptocurrencies, especially for short-term gains based on technical predictions, carries an excessive degree of uncertainty. The profit and loss often depend more on chance and market fluctuations than on tangible value creation, aligning with gambling principles Maysir.
- Lack of Sharia Compliance: The website makes no mention of Islamic finance, halal trading, or how its strategies can be adapted to adhere to Sharia principles. This is a critical omission for Muslim users seeking ethical financial education.
- Speculative Nature: The entire premise of “exploiting financial markets” through technical patterns for quick gains is inherently speculative, focusing on short-term price movements rather than long-term, value-based investment or real economic activity. This directly contradicts the Islamic emphasis on legitimate trade and risk-sharing.
- High-Risk Activities: Retail Forex and CFD Contracts for Difference trading are notoriously high-risk. A significant majority of retail traders lose money. The website’s promotional language, while acknowledging difficulty, doesn’t adequately convey the extremely high probability of loss inherent in these activities for individual traders. Financial Conduct Authority FCA data in the UK and similar regulatory bodies often report that over 70-80% of retail CFD and Forex traders lose money.
- Anecdotal Evidence: The testimonials provided are compelling but anecdotal. They do not represent the typical outcome for all students, nor do they provide verifiable, transparent data on success rates. There are no disclaimers about past performance not being indicative of future results, or clear risk warnings prominently displayed as required by reputable financial education providers.
- Focus on Technicals Over Fundamentals: While technical analysis is a tool, the emphasis on patterns and charting for predicting price movements, without a strong foundation in fundamental economic analysis or the underlying value of assets, can lead to trading decisions based purely on speculation rather than sound investment principles.
- Pricing: The pricing, especially the £800 one-time payment for lifetime access or £97 monthly for 12 months, is substantial. For activities deemed ethically problematic, this represents a significant investment in potentially impermissible ventures.
Perceived Pros from a conventional trading perspective, not an Islamic one
- Structured Education: The courses seem well-structured, breaking down complex topics into digestible modules over a set period.
- Comprehensive Topics: They cover a wide array of trading concepts, from basics to advanced technical analysis harmonic patterns, risk management, and trading psychology.
- Dedicated Software: Offering harmonic pattern software for various popular trading platforms adds practical value for those who pursue this type of analysis.
- Testimonials: Positive testimonials from “real students” can be persuasive for potential customers though their authenticity and typicality cannot be independently verified.
- Focus on Psychology & Risk Management: Including modules on trading psychology and risk management is crucial for any trader, even though the underlying activities are problematic from an Islamic stance.
In summary, while Sixfigurecapital.com offers a structured educational pathway for conventional trading, its fundamental offerings are rooted in activities that are highly problematic and discouraged under Islamic finance.
The risks are substantial, and the methods often involve elements of Riba, Gharar, and Maysir.
Sixfigurecapital.com Pricing
Sixfigurecapital.com presents two primary membership options, both designed to provide access to its educational content and resources.
The pricing is denominated in Great British Pounds £. Drungo.com Review
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12-Month Contract:
- Price: £97 Monthly
- Total Cost: 12 monthly payments of £97, equating to a total of £1164 over the year.
- Description: This is presented as a “Finance Package Which Spreads the Cost of Your Membership Over 12 Months.”
- Included:
- Lifetime Access This implies that even after the 12-month payments, access continues indefinitely.
- 14 Day Course
- Harmonic Mastery Course
- Course Bonuses
- Bonus Materials Ebooks and Spreadsheets
- Updates & Ongoing Support
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Lifetime Membership:
- Price: £800 One-Time
- Total Cost: £800 as a single, upfront payment.
- Description: This option is highlighted with availability of “Klarna, Clearpay and PayPal Credit,” suggesting installment payment options provided by third-party services.
- Lifetime Access
Analysis of Pricing:
The pricing structure aims to cater to different financial capacities, offering both an installment plan and a one-time lump sum option. The “Lifetime Membership” at £800 is positioned as the more cost-effective choice if one intends to commit long-term, as it saves £364 compared to the 12-month contract. The inclusion of “Klarna, Clearpay and PayPal Credit” for the lifetime membership option is a key point, as these services often involve interest-based financing or late payment fees, which are forms of Riba and thus problematic in Islamic finance. This further underscores the ethical concerns related to transactions facilitated by the platform.
For a product promoting activities considered impermissible in Islam, such a substantial financial outlay should be viewed with extreme caution. Washermanonline.com Review
Investing £800-£1164 in learning activities that guide one towards Riba, Gharar, and Maysir is not advisable from an ethical and religious standpoint.
There are far more ethical and permissible avenues for financial growth and skill acquisition that do not involve such fundamental conflicts.
How to Cancel Sixfigurecapital.com Subscription
For users who have subscribed to Sixfigurecapital.com’s 12-month contract, understanding the cancellation process is crucial.
Based on the common practices of online subscription services, especially those offering a “12-month contract” that acts as a finance package, there are typical steps to follow.
- Review Terms and Conditions: The first and most critical step is to thoroughly review the Terms and Conditions T&Cs or Membership Agreement that was accepted at the time of sign-up. This document will outline the specific cancellation policy, including any notice periods, penalties, or limitations on refunds.
- Contact Customer Support: The website provides a “CONTACT US” link. This is generally the primary channel for initiating a cancellation.
- Method: Look for an email address, contact form, or, less commonly, a phone number.
- Information to Provide: When contacting them, be prepared to provide your account details email used for sign-up, membership ID if applicable and a clear statement of your intent to cancel.
- Request Confirmation: Always request a written confirmation of your cancellation from Sixfigurecapital.com. This serves as proof of your attempt to cancel and the date of the request.
- Understand Financial Obligations: If you opted for the “12 Month Contract” for £97 monthly, it’s highly probable that this is a commitment to pay for 12 months, regardless of usage. “Finance Package Which Spreads the Cost” usually implies a debt obligation for the full year. Therefore, simply ceasing payments might lead to collection efforts or negative marks on your credit. The cancellation policy will dictate whether you are still liable for the remaining payments or if there’s an early termination fee.
- Third-Party Financing Klarna, Clearpay, PayPal Credit: If you purchased the Lifetime Membership using Klarna, Clearpay, or PayPal Credit, your financial obligation is primarily with these third-party providers, not Sixfigurecapital.com directly for the payment plan. Cancelling your access to Sixfigurecapital.com’s content will not automatically cancel your payment plan with Klarna, Clearpay, or PayPal Credit. You must continue to make payments to them as per your agreement. Any issues with the service itself might allow for a dispute with these providers, but cancellation of the service does not absolve the financial commitment made to the credit provider.
Important Note: Given the nature of educational content, especially “lifetime access” offerings, full refunds after a certain period of access are often unlikely. Most providers have a short refund window e.g., 7-14 days from the purchase date if the content hasn’t been extensively consumed. Always check the specific refund policy detailed in their terms. Hotelivate.com Review
From an ethical perspective for Muslims, if one has already subscribed to this service, the immediate action should be to seek cancellation to cease involvement in activities that may be impermissible.
While the financial obligation may persist for the duration of the contract, actively disengaging from the content and seeking permissible alternatives for future financial endeavors is crucial.
Sixfigurecapital.com vs. Ethical Alternatives
When comparing Sixfigurecapital.com to ethical alternatives, the contrast is stark, particularly from an Islamic finance perspective.
Sixfigurecapital.com primarily promotes speculative trading in markets often fraught with Riba interest, Gharar excessive uncertainty, and Maysir gambling. Ethical alternatives, conversely, focus on permissible and sustainable wealth creation rooted in real economic activity and risk-sharing.
Sixfigurecapital.com’s Approach:
- Focus: Short-term speculative trading Forex, commodities, cryptocurrencies.
- Methods: Technical analysis, harmonic patterns, leverage.
- Risk Profile: Extremely high risk, high potential for significant losses for retail traders.
- Ethical Stance: Problematic due to involvement with Riba, Gharar, and Maysir. No consideration for Sharia compliance.
- Outcome: Aims for quick financial gains from market fluctuations. often leads to financial loss and moral compromise for Muslims.
Ethical Alternatives’ Approach:
Ethical alternatives emphasize value creation, legitimate trade, and Sharia-compliant financial instruments. Discoverindia.net Review
1. Halal Stock Market Investing e.g., via Wahed Invest or Amana Funds
- Focus: Long-term investment in Sharia-compliant public companies.
- Methods: Fundamental analysis, diversification across ethical sectors. Companies are screened to ensure they don’t derive significant income from impermissible activities e.g., alcohol, tobacco, gambling, conventional banking, arms, pornography.
- Risk Profile: Moderate to high, depending on market conditions, but generally lower than speculative trading, and aligned with real economic growth.
- Ethical Stance: Fully compliant with Islamic finance principles, emphasizing equity, real assets, and ethical business.
- Outcome: Potential for long-term capital appreciation and dividend income from permissible sources.
2. Ethical Entrepreneurship & E-commerce e.g., learning platforms like Coursera or Skillshare
- Focus: Building and running a legitimate business selling halal products or services.
- Methods: Product development, marketing, sales, supply chain management. This involves direct value creation and customer service.
- Risk Profile: Moderate, typical business risks apply, but success is tied to genuine effort and market demand for a product or service.
- Ethical Stance: Highly permissible, as it involves honest trade, hard work, and providing benefit to society. Aligns with the prophetic tradition of engaging in commerce.
- Outcome: Sustainable income generation, job creation, and contribution to the real economy.
3. Real Estate Investment e.g., through Sharia-compliant financing like Guidance Residential or direct purchase
- Focus: Investing in tangible assets like properties for rental income or capital appreciation.
- Methods: Property acquisition, management, leasing, or development. Can be done through Murabaha cost-plus financing or Musharakah joint venture models to avoid conventional interest.
- Risk Profile: Generally moderate, offers stability, but requires significant capital and market understanding.
- Ethical Stance: Highly permissible, as it involves tangible assets and legitimate rental income or sales.
- Outcome: Stable cash flow, long-term asset growth, and inflation hedge.
4. Gold and Silver Bullion e.g., reputable dealers like JM Bullion or APMEX
- Focus: Investing in physical precious metals as a store of value.
- Methods: Direct purchase and physical possession of gold and silver coins or bars.
- Risk Profile: Moderate, subject to commodity price fluctuations.
- Ethical Stance: Permissible when bought and sold with immediate exchange and physical possession, aligning with specific rulings on currency and commodity exchange.
- Outcome: Wealth preservation, hedge against inflation and economic instability.
In essence, Sixfigurecapital.com offers a path that, while potentially lucrative for a tiny minority, is ethically fraught for Muslims due to its inherent connection to interest-based speculation.
The ethical alternatives provide robust, permissible pathways for wealth generation and skill development that align with core Islamic principles of finance, emphasizing real economic activity, shared risk, and avoidance of forbidden elements.
FAQ
What is Sixfigurecapital.com?
Sixfigurecapital.com is an online platform that provides educational courses and software for individuals interested in trading financial markets, specifically Forex, commodities, and cryptocurrencies.
It aims to teach strategies and techniques for market speculation.
Is Sixfigurecapital.com permissible in Islam?
No, Sixfigurecapital.com and its offerings are generally not permissible in Islam. The core activities it promotes, such as Forex trading and speculative cryptocurrency/commodity trading, often involve elements of Riba interest, particularly in leveraged trading, Gharar excessive uncertainty, and Maysir gambling, all of which are forbidden in Islamic finance. Seatingmatters.com Review
What are the main courses offered by Sixfigurecapital.com?
The main courses offered are the “14-Day Course,” designed for beginners to intermediate traders, and the “Harmonic Mastery Course,” which delves into advanced technical analysis and harmonic patterns.
Does Sixfigurecapital.com offer trading software?
Yes, Sixfigurecapital.com offers harmonic pattern recognition software compatible with popular trading platforms such as MetaTrader 4, eSignal, and NinjaTrader 7/8.
How much does Sixfigurecapital.com cost?
Sixfigurecapital.com offers two main pricing plans: a “12 Month Contract” at £97 monthly total £1164 and a “Lifetime Membership” for a one-time payment of £800.
Are there any ethical concerns with the payment options on Sixfigurecapital.com?
Yes, the “Lifetime Membership” mentions availability of “Klarna, Clearpay and PayPal Credit,” which often involve interest-based financing or late payment fees.
These credit services can be problematic from an Islamic finance perspective due to Riba. Quarnuts.com Review
Can I get a refund from Sixfigurecapital.com?
The website’s refund policy is not immediately clear on the homepage, but for educational content, refunds are typically time-limited e.g., 7-14 days and contingent on how much content has been accessed.
You would need to check their specific terms and conditions.
What kind of trading is taught on Sixfigurecapital.com?
The platform teaches strategies for trading Forex foreign exchange, commodities, and cryptocurrencies, focusing heavily on technical analysis and pattern recognition for speculative gains.
Who is Lewis Glasgow, the instructor mentioned on Sixfigurecapital.com?
Lewis Glasgow is presented as the instructor and founder, claiming over a decade of experience in trading financial markets and developing the strategies taught on Sixfigurecapital.com.
The website links to a TradingView profile for him. Youthmonster.com Review
What are some ethical alternatives to Sixfigurecapital.com for financial growth?
Ethical alternatives include: Halal Stock Market Investing, Islamic Crowdfunding Platforms, Real Estate Investment, Ethical E-commerce Business Education, Professional Skill Development Courses, Permissible Precious Metals Investing, and Sharia-Compliant Mutual Funds/ETFs.
Why is Forex trading generally considered impermissible in Islam?
Forex trading, especially with leverage, often involves Riba interest from overnight swaps/borrowing, Gharar excessive uncertainty/speculation, and a lack of Qabd immediate, real possession of the underlying asset, which are all forbidden in Islamic law.
Does Sixfigurecapital.com provide statistics on student success rates?
No, the website primarily relies on anecdotal testimonials from students, rather than providing independently verified statistics or transparent disclosures of typical student success rates, which are often very low in retail trading.
What is the “14-Day Course” about?
The “14-Day Course” is designed to provide foundational trading knowledge, covering topics from basic Forex principles, market terminology, charting, technical analysis, to risk management and trading psychology. Learnqurannow.com Review
What does “Harmonic Mastery Course” cover?
The “Harmonic Mastery Course” delves into advanced technical analysis, focusing on identifying and trading complex harmonic patterns in financial markets.
Are the commodities traded on Sixfigurecapital.com permissible?
Physical commodity exchange is permissible, but speculative trading of commodity futures or derivatives, as often taught, without actual possession or immediate exchange, can fall under Gharar and Maysir, making it impermissible.
Is investing in cryptocurrencies taught by Sixfigurecapital.com permissible?
The permissibility of cryptocurrencies themselves is debated, but trading them for speculative purposes, especially with leverage or on platforms involving interest, as is common in the trading world, can render the activity impermissible.
How do I cancel my Sixfigurecapital.com subscription?
You should contact Sixfigurecapital.com’s customer support, typically via their “CONTACT US” link, and review their terms and conditions for specific cancellation policies, including any remaining financial obligations for the 12-month contract.
What is the risk management module like in the courses?
The courses include modules on risk management, covering topics like developing a risk-off approach, understanding compound interest, and calculating risk-to-reward ratios, which are crucial for any trading activity. Bundy-law.com Review
Does Sixfigurecapital.com offer any free trials?
The homepage text does not explicitly mention a free trial for their courses or software.
The immediate call to action is for paid memberships.
How long has Sixfigurecapital.com’s instructor been trading?
Lewis Glasgow states he has been trading financial markets since late 2013, indicating over a decade of experience in the field.
What distinguishes Sixfigurecapital.com from a Sharia-compliant investment platform?
Sixfigurecapital.com focuses on speculative trading often involving interest and excessive uncertainty, aiming for short-term gains from market fluctuations.
Sharia-compliant platforms, conversely, emphasize investments in real economic activity, tangible assets, and ethical businesses, avoiding Riba, Gharar, and Maysir. Knockcastle.com Review
Is the community section mentioned by a testimonial on Sixfigurecapital.com available?
Yes, one of the testimonials mentions a “community section,” suggesting that the platform might offer a forum or group for students to interact, though details are not prominent on the homepage.
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