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Can you borrow money from the bank to trade forex?

Bransle
May 30 at 09:21
게시물22
You can but I won’t advise you to take a loan and put it in such a risky business. Trade only when you have money that you can afford to lose. Otherwise, don’t take an unwanted risk.
Victimology
Jun 01 at 08:48
게시물16
Yes you can but I would suggest you not to. What if you lose? How will you pay the money back? Don’t take such a big risk and trade with your own money. Also, I would suggest you to trade as per your risk appetite and don’t risk more than what you can afford to lose.
Inessive
Jun 01 at 09:09
게시물24
You can borrow money from the bank as in terms of personal loan. However, it is best advised to not do so. You should always use your own money to trade, and risk only as much as you are ready to lose.
Even if you have a small capital, you can use leverage from your broker to trade with higher capital. Just remember to use leverage carefully with risk management.
Briosody
Jun 14 at 04:28
게시물44
You shouldn’t take a loan to trade in forex because there is no guarantee you will win, especially if you are a newcomer. As a trader, having debt can also be very stressful. So it would be easier if you maintain a steady source of income and take out money for trading.
LeoGM
Jun 14 at 06:58
게시물67
No, I will never borrow money from bank for Forex trading because it is risky and life-threatening. There is no guarantee that you can generate profit from Forex trading and can repay the loan. So, it’s never recommendable to take loan from bank to trade Forex.
Washboard
Jun 16 at 10:04
게시물32
I don’t think I will ever take a loan to trade or recommend anyone to do that knowing that trading is a risky job and there is no guarantee that you will be able to make money from your trades. You must take risks with only that money that you can afford to lose. By taking a loan, you will be going beyond your risk appetite.
Cumward
Jun 16 at 10:42
게시물23
I wouldn’t recommend borrowing money for trading purposes. Forex is a risky market. With a debt in your hand, you could make things worse, as this would put you in more psychological stress. Trade with your own money. If you don’t have money, get a job and save money for trading.
Furbelows
Jun 17 at 04:49
게시물40
You can, of course. But it is not a good idea. You should avoid such things. If you lose money, it would be a great loss to you. Instead of borrowing money, start gaining the knowledge and learning the skills required for forex trading and save money for trading. Any kind of loan, no matter how big it is, will increase your risk and put you in more psychological pressure, which could lead to debts.
Trenchant
Jun 17 at 09:24
게시물16
Never! You should not borrow money in order to gamble in a market you know nothing about. Never invest what you cannot afford to lose, and certainly don't borrow money. Forex is one of the most volatile & risky markets to invest in. Think if you have invested all your borrowed money & then a war comes and you lose all your funds. This happened to a lot of traders recently. Trading involves higher risk than any other business; you would not be able to do anything from the credit, if you are not able to do it from your own funds.
Armisonant
Jun 21 at 05:16
게시물24
You should avoid doing anything like borrowing money at all costs, as it is not the way forex trading works. If you lose, you lose it all. Therefore, learn and work hard in order to earn through forex. Simply taking a loan for trading won’t work as forex is not a ‘become an overnight millionaire’ scheme.
CraigMcG2020
Jun 21 at 10:42
게시물385
Armisonant posted:
You should avoid doing anything like borrowing money at all costs, as it is not the way forex trading works. If you lose, you lose it all. Therefore, learn and work hard in order to earn through forex. Simply taking a loan for trading won’t work as forex is not a ‘become an overnight millionaire’ scheme.

It will also put undue pressure on your trading knowing you have a payment to come and interest to pay. It's not worth it at all. Build slowly and learn the craft of trading
DDargo
Jun 21 at 10:47
게시물6
Never do such a thing. !!! Never borrow to trade !!!
Suradi (FXOday)
Jun 22 at 02:02
게시물362
Forex trading is risky, better invest money in forex always remember to golden rules investing money in a high-risk business, just spent money that affords to lose, although you can borrow money from the bank, invest in forex too much risky, in addition, when you face margin call account and losing entirely money, double stress will be.

I think better if you have a main job and treat forex as a part-time business, so in trading more enjoy and not pursue a target, which in trading needs to make rational target to achieve the goal.
CloeTerry
Jun 23 at 07:35
게시물20
You should never borrow money just for trading at all costs because you do not know whether you will earn a profit or suffer a loss. Because the forex market is extremely volatile and unpredictable, it becomes even riskier for the ones who are new to the game. The ones who do not know how to play lose it all. They often do not know that forex demands skill, knowledge, and expertise. They think that they can get rich as quickly as they want through forex trading. Hence, they think of such ideas as taking a loan to trade. But they do not know that they might lose it all, and when they lose, they expose themselves to greater risks other than loss of money.
Hotheead
Jun 24 at 09:44
게시물26
If you're willing to take out a loan, you can invest in the market. But it's a bad strategy for trading in general, though. It is recommended that you get a job or other profession that will allow you to earn money on a regular basis, and then save some of that money. Or you can also use leverage. The money you've saved can be put toward your trading goals.
Rococo_XVII
Jul 22 at 12:37
게시물53
Guys, this is too much. Never take bank deposits for the sake of forex trading. This will already be the beginning of the end. You will lose everything sooner or later. Do not do this!! Never.
Think thrice before opening an order
Gancy
Jul 26 at 12:02
게시물21
You don’t have to go beyond your affordability to trade forex. At least, don’t borrow money from the bank. It’s risky and you will add another stress to your life. You better don’t trade until you collect enough money.
Potatory
Jul 27 at 07:11
게시물17
It’s good that you believe in yourself and your capabilities as a trader but still, trading is a risky business and taking a loan for that would come with an undue pressure. Why don’t you just use your own money for the time being and when you start making consistent income, borrow money from the bank.
Teutomania
Jul 28 at 04:10
게시물18
You can but it is not a good thing to borrow and then trade! If you lose your money you will regret it later. You should save your money from your regular income and then you should trade.
Weatherly
Jul 28 at 05:43
게시물20
You should never be taking a loan for trading. That’s just too much. Forex brokers do provide leverage and you can use that. Why would you want to burden yourself with a bank loan and interests?
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