tradingbusters.com FAQ
What is Tradingbusters.com?
Tradingbusters.com is an online platform that provides trading signals for Forex and US30 markets, along with an educational course called “Prop Trading Formula,” aiming to help traders achieve consistent profits using a “statistics and probabilities” approach.
Read more about tradingbusters.com:
Tradingbusters.com Review & First Look
The Problem with Speculative Trading and Tradingbusters.com
Is Tradingbusters.com Legit?
Is Tradingbusters.com a Scam?
Tradingbusters.com Pros & Cons
How to Cancel Tradingbusters.com Subscription
Tradingbusters.com Pricing
Tradingbusters.com Features
Tradingbusters.com Alternatives
Does Tradingbusters.com Work
Does Tradingbusters.com offer a free trial?
Yes, Tradingbusters.com offers a 7-day free trial for most of its trading signal products, but explicitly states that the “Prop Trading Formula” course is not covered by the free trial.
How much does Tradingbusters.com cost after the free trial?
After the 7-day free trial, if not canceled, the subscription automatically converts to a paid plan of €497 for a 3-month subscription. Bellux.shop Review & First Look
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Can I get a guaranteed funded account with Tradingbusters.com’s Prop Trading Formula?
Tradingbusters.com claims a “100% success rate” and promises a “guaranteed funded account” with its “Prop Trading Formula” course.
However, such guarantees are highly unrealistic in the financial industry, and users should exercise extreme caution as prop firms operate on their own terms.
What kind of trading does Tradingbusters.com promote?
Tradingbusters.com primarily promotes speculative trading in Forex and US30 markets through the provision of daily signals.
This involves leveraging financial derivatives to predict market movements.
Is Forex trading permissible in Islam?
Many Islamic scholars view leveraged Forex trading as impermissible due to its involvement in Riba (interest from overnight swaps), Gharar (excessive uncertainty and speculation), and Maysir (gambling-like characteristics). It often lacks the real exchange of goods or services required for a permissible transaction. Does Tradingbusters.com Work
What are the ethical concerns with Tradingbusters.com?
The ethical concerns with Tradingbusters.com include its promotion of highly speculative trading, which often involves Riba, Gharar, and Maysir.
Additionally, its marketing uses unrealistic promises of high returns and guaranteed success, which can be misleading and lead to significant financial loss for users.
Does Tradingbusters.com provide verified trading results?
While Tradingbusters.com boasts impressive win rates (e.g., 98.22%), the website does not provide independently verified track records (e.g., from Myfxbook or audited statements) to substantiate these claims.
Users are asked to rely on self-reported data and testimonials.
How much time does Tradingbusters.com claim its method takes?
Tradingbusters.com claims that its trading method, based on “statistics and probabilities,” takes only “10-20 minutes a day” to execute trades. Tradingbusters.com Alternatives
What are common alternatives to speculative trading for ethical wealth building?
Ethical alternatives for wealth building include investing in real businesses and assets, developing valuable skills (e.g., programming, marketing), engaging in ethical e-commerce, participating in Shariah-compliant real estate ventures, or utilizing halal investment funds.
How do I cancel my Tradingbusters.com subscription?
To cancel your Tradingbusters.com subscription, you typically need to log into your account, navigate to the “Subscriptions” or “Billing” section, and find the cancellation option.
If unavailable, contact their customer support directly, and keep records of your cancellation request.
Is the “statistics and probabilities” method unique or scientifically proven?
Tradingbusters.com presents its “statistics and probabilities” method as a unique and groundbreaking concept.
However, the website provides no detailed explanation, verifiable research, or independent academic backing to demonstrate its purported superiority or unique scientific validity beyond vague claims. Tradingbusters.com Features
What is the primary difference between Tradingbusters.com and traditional technical analysis?
Tradingbusters.com explicitly rejects traditional technical analysis, calling it “medieval,” and instead claims to rely solely on “maths, statistics, and probabilities” for trade decisions.
Are there any disclaimers on Tradingbusters.com about earnings?
Yes, Tradingbusters.com includes a disclaimer stating that they “cannot and do not make any guarantees about your ability to get results or earn any money,” which directly contradicts many of the aggressive profit claims made throughout the rest of the website.
Is Tradingbusters.com a registered company?
Yes, Tradingbusters.com states it is operated by TB GLOBAL SRL, a registered company in Romania, providing a registration number and city/sector of operation.
Can I trust testimonials on Tradingbusters.com?
While testimonials on Tradingbusters.com feature positive reviews from users, they are self-reported and not independently verified.
Testimonials, like win rates, can be cherry-picked or fabricated, and should not be the sole basis for trust in a financial service. Tradingbusters.com Pricing
Does Tradingbusters.com advise on risk management?
While the website mentions simplicity and removing stress, it does not explicitly detail its approach to comprehensive risk management, such as educating users on proper position sizing, capital protection, or the inherent risks of leveraged trading beyond fixed stop-loss levels.
Why is Tradingbusters.com considered high-risk?
Tradingbusters.com is considered high-risk due to its promotion of speculative trading in volatile markets, unrealistic promises of high returns, the use of leverage (which amplifies losses), and the general unpredictability of financial markets that can lead to significant capital loss for users.
What is the “Mentorship Program” mentioned on Tradingbusters.com?
The provided homepage text mentions a “Mentorship Program” with a discount offer, but it does not provide specific details about its content, duration, or how it differs from their signal services or the “Prop Trading Formula” course.
How does Tradingbusters.com handle customer support for its users?
Tradingbusters.com mentions providing a “dedicated Account Manager” for some of its signal packages and claims their “client service is unparalleled and usually responds within an hour.” However, the exact availability and quality of this support are not independently verifiable from the homepage text.
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