Are futures contracts halal or haram and are they dangerous ......?

This is what we will know in this post.. God willing

"Futures contracts in digital trading: Risks and Opportunities

Trading futures contracts is an opportunity to achieve significant profits, but it requires expertise and intense attention. Here are the key points:

Benefits

1. Leverage: Allows trading with larger amounts.

2. Profit in any direction: Profit can be achieved whether the price goes up or down.

3. High liquidity: Allows closing trades quickly.

Risks

1. High risk: Can lead to significant losses.

2. Automatic liquidation: Can result in losing all capital.

3. Lack of experience: Requires a deep understanding of technical analysis and risk management.

4. Market manipulation: Can affect prices.

5. Random rush: Can lead to losses.

Tips

1. Avoid futures contracts if you are a beginner.

2. Use spot trading instead.

3. Set a stop-loss.

4. Do not invest more than you can afford to lose.

5. Plan carefully before entering.

Suitable for

1. Professionals with extensive experience.

2. High-risk speculators.

Remember that trading requires a sufficient understanding of tools and risks. Do not invest without a clear plan."

In summary, this type of trading is considered prohibited by Sharia .....

It is better to buy and sell in currencies .... although there is also disagreement about its halal and haram status..... And God knows....