Pakistan Telecommunication Authority (PTA) has issued a warning FX trading platform is illegal, do not invest money in it. This SMS has been received by every user from PTA do not invest money in these platforms. this PTA Warning is helpful for everyone,
This SMS has been received from PTA which says that , OctaFX/Exness/ExpertOption and similar offshore FX trading platforms are illegal. Don’t invest via such sites/apps or give money to anyone to trade for you. This SMS has been received from PTA to Ufone users ,
PTA has advised the public to avoid such unauthorized platforms. And Paytm has also told that do not invest on such websites and apps and And don’t give money to anyone for trading. Because these platforms have mentioned that This platforms ware is illegal,
PTA’s Warning ⚠
PTA has issued this notification so that the public does not lose money. Because nowadays people spend a lot of money on trading So this SMS has been received from PTA that do not trade on such illegal platforms. When you trade on such platforms, frauds and scams can happen to you, that is why PTA has advised people to stay away from such platforms.
Recommendation’s
- Visit the official website of PTA and find out which are the authorized trading platforms by giving further updates.
- Consult with financial experts before investing on such platforms.
- Tell your friends and family about such platforms so that they do not lose money
Forex Trading in Islam.
Islam has declared this trading as haram , Most of the Islamic Maulana have said that such trading is haram. Because when you trade on such apps and websites, you do not buy or sell anything to anyone, it is a kind of gambling. So you know gambling is haram in islam ,
So that’s why Islam calls such trading haram , When you do business, you buy or sell something from someone, then it is a questionable act in Islam, but on such a platform, you neither send anything to anyone nor do it, he invests the money and you also do it. It’s a kind of gambling, This is not trading ,
Forex Trading in Islam
Forex trading is haram it is a gambling.
Islamic scholars have said that if you buy or sell something then it is a Halal in Islam ,But nowadays in trading apps you neither buy anything nor sell anything, it is a kind of gambling for this reason it is called haram.
What is PTA Warning About Forex Trading?
PTA Notification about there platforms
OctaFX/Exness/ExpertOption and similar offshore FX trading platforms are illegal. Don’t invest via such sites/apps or give money to anyone to trade for you.
Is Forex Trading Legal In Pakistan?
Yes, Forex trading is legal in Pakistan but on authorized platforms.
Is PTA Banned Forex Trading in Pakistan?
Yes, PTA Banned Unauthorized Forex Trading Platforms in Pakistan
What does PTA say About OctaFX, Exness, and Expert option?
PTA declares these OffShore Forex Trading Platform illegal.
Exness halal or haram
Exness trading is haram it is a gambling.
What is PTA forex trading warning
OctaFX/Exness/ExpertOption and similar offshore FX trading platforms are illegal. Don’t invest via such sites/apps or give money to anyone to trade for you.
is octafx legal in pakistan
No, PTA Warring about Octafx is illegal platforms in Pakistan