Trading rulings

Are exchange trading bots halal?

Answered by the ShariaQuant team

It depends on the bot. Spot grid and DCA bots are fine because they place ordinary buy and sell orders on assets you own. Futures grid and leveraged bots are not, and copy trading depends entirely on what the person you are copying is doing.

Grid, DCA and copy, one by one

This is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.

More on trading rulings

Is futures trading halal?Is margin trading halal?Is using leverage halal?Is day trading halal?

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