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Can you borrow money from the bank to trade forex?

Williamfreed
Feb 03 at 03:13
게시물176
Yes, you can borrow money, but it can be risky if you fail forex.
CraigMcG2020
Feb 03 at 08:20
게시물399
Yes of course but you would not get a loan if you asked for one 'to trade forex' but you can get a loan and trade that money. I would completely advise against it. If you are not skilled enough to bring a smaller account to a larger one you shouldn't use high amounts. Not to mention the implications of losing that money and then owing it back to the bank plus interest.
Tilokvarma
Mar 05 at 06:24
게시물63
No, I will never recommend you to do this because Forex is such a market which can anytime turn a person destitute. If so happens with you, what will you do then? You will have no other way to pay back the loan.
Tilokvarma
Mar 06 at 07:42
게시물63
We find many traders in Forex space who have taken loan from banks for funding in Forex market. However, it’s not an appreciable decision because how a trader will pay back the loan if he gets his balance crashed. So, it carries a large amount of risk for them ultimately.
skihav
Mar 06 at 17:14
게시물801
This may not be very secure. It is important to understand that this option may not always pay for itself.
maria_no
Mar 10 at 08:46
게시물15
Absolutely not, the amount of interest return will be too high for me to pay back
skihav
Mar 10 at 09:36
게시물801
I don't think this option is correct. It should be understood that the result of trading can be losses.
Marcel Durham (MarcellusLux)
Mar 10 at 13:05
게시물191
You can take a loan only if the business plan assumes a 100% profit (minimum to cover the commission). This could be real estate, mining equipment, or goods to resale in a market where price fluctuation is minimal.
Forex market does not have such stability as real estate market. Therefore, borrowing money to trade is a risky business plan.
dutchy1986
Mar 10 at 14:46
게시물52
Without being disrespectful I would say this is a really bad idea. You should invest what you can afford to lose and by borrowing the money you can’t afford it
RobertFerrari
Mar 29 at 05:18
게시물415
Among the works that are all about foolishness in Forex trading, one is borrowing money from bank for Forex trading. How can you guarantee you can derive profit enough profit by trading where Forex is a volatile market? Don’t do this because it will make you fall in danger.
podunk
Apr 04 at 05:19
게시물18
Yes, banks provide loans for various purposes on the basis of some security guarantee. One can borrow money for trading from the bank,if he or she has something having value equal to the loan.
LabuyaChicay
Apr 14 at 05:15
게시물93
It’s never reccomendable to borrow money for Forex trading because Forex is such a market full of uncertainty. So, there is no assurance of paying back your borrowed money. There remains a fear what if your balance crashes. It creates an extra level of pressure for the person who borrowed money.
Gewgaw
Apr 14 at 05:42
게시물34
I can assure you it will not end well, do not make this mistake. Wait for a while, once you think you have enough capital to match your goal, that is when you should consider trading. Make life easier, not tougher.
Europhile
Apr 19 at 10:16
게시물16
Absolutely not. Can you? Yes. Should you? No.suppose you don’t make the money you need to pay it back, what will you do? It is a terrible idea, and I would highly recommend against it.
Tilokvarma
Apr 21 at 05:30
게시물63
Borrowing money from bank for trading Forex is never an acceptable proposal. Forex is a highly uncertain market and anything can happen here. So I can guarantee you that you can payback your loan by earning profits from trading.
BrienBooker
Apr 22 at 11:09
게시물32
The answer is yes you can borrow the money at the good terms for trading. But in my opinion, you should only borrow the money when you are pro or feel like you can handle the borrowed amount in making the profits.
Seb King (sebking1986)
Apr 22 at 13:44
게시물536
Horrible idea. If you need capital look into prop firms maybe. But don't borrow money that you could lose entirely
If you can't spot the liquidity then you are the liquidity.
Ollie33
Apr 22 at 19:30
게시물10
I believe that every initiative should be implemented. There are many examples where bank loan was the start of a big business. The most important thing is to earn more than give away, then passive income without financial investments is a good prospect.
A falling leaf does not try to influence the wind, it enjoys flying.
Hotfoote
Apr 26 at 04:49
게시물29
Of course, you can. But I don’t think many traders would recommend doing that since forex trading is a risky affair. As there is no guarantee of you making profits, it can cause stress to a great extent.
Rejigger
Apr 26 at 05:41
게시물25
This is not a good idea at all. Instead, keep aside a portion of your earnings and invest that in the forex market.
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