Is it permissible to use a forex trading platform solely to learn chart reading and technical analysis without making any transactions or investments?

Summary

Using a forex trading platform to learn and study technical or fundamental analysis is permissible, provided no buying, selling or other transactions are carried out through it. The prohibition of individual spot forex by the National Fatwa Committee concerns the trading activity, not the application or platform itself. The ruling relies on the fiqh maxim that the default status of things is permissibility. It is advised that such study be done on a platform known to be Shariah compliant, so as not to indirectly promote the problematic platform.

Written in our own words from the original fatwa — check the source before acting on it.