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- Can you borrow money from the bank to trade forex?
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Can you borrow money from the bank to trade forex?
Tham gia từ Apr 09, 2019
516bài viết
Apr 27, 2022 at 09:40
Tham gia từ Apr 09, 2019
516bài viết
feelsofine posted:
I honestly could never borrow or take loan from anything, let alone even from my parents.
The world revolves around debt. Leverage it correctly and it's a game changer. Sadly the majority don't know how to or abuse it and stay poor.
If you can't spot the liquidity then you are the liquidity.
Tham gia từ Feb 07, 2022
9bài viết
Tham gia từ Apr 05, 2021
28bài viết
Apr 27, 2022 at 20:05
Tham gia từ Apr 05, 2021
28bài viết
Of course you can, but I believe it is a bad idea.
Trading is risky!
Trading is risky!
Ask, and you will receive; seek, and you will find; knock, and it will be opened to you.
Tham gia từ Apr 03, 2021
437bài viết
Apr 27, 2022 at 23:18
Tham gia từ Apr 03, 2021
437bài viết
Forex trading is a risky business, when you are in worse trades, and use the loan for trading, then will make deep regret on your minds, maybe you will get depression because still must pay the loan and you don't have money, keep obeying golden rules investing in risky business, just spent money that affords to lose, one advantage forex can start with low budget trading like $100 even low $10 can start.
Tham gia từ Feb 20, 2021
77bài viết
Apr 28, 2022 at 03:58
Tham gia từ Feb 20, 2021
77bài viết
Yes, there are many banks that offer loans but I’d not suggest you take a loan for trading as it is more risky than trading with leverage.
Tham gia từ Jun 21, 2021
33bài viết
Apr 28, 2022 at 08:37
Tham gia từ Jun 21, 2021
33bài viết
Trading using borrowed is not at all suggested. Always trade with the money you can afford to lose.
Tham gia từ Oct 29, 2020
18bài viết
May 04, 2022 at 07:04
Tham gia từ Oct 29, 2020
18bài viết
Yes you can borrow money from banks but never ever think of trading by taking loans. The forex market is highly unpredictable and volatile so you have no certainty of anything. It takes years to earn and only seconds to lose so why take risk. What if you lose all the money due to economic disruption or war. What will you do in such a situation? Don't ever put yourself in that hole.
Tham gia từ Oct 29, 2020
20bài viết
May 04, 2022 at 07:28
Tham gia từ Oct 29, 2020
20bài viết
Yes, you can borrow money for trading purposes on favourable terms. However, in my opinion, you should only borrow money if you are a pro or confident that you can manage the borrowed funds to make returns.
Tham gia từ Sep 29, 2019
25bài viết
May 24, 2022 at 18:27
Tham gia từ Sep 29, 2019
25bài viết
you can, but you sure that it will be beneficial? banks lend money for a percent, so you will have to pay a bit more than u have borrowed before.
if this burden won't be so tough to you, and the level of liability in front of the bank won't hesitate u, why not? banks can lend money but you have to explain for what purposes and prove your financial sustainability. If u really wanna start trading but don't know where to get money, ask your friends or closest people. u can pay them back without any fees and percents. it's twice more beneficial as for you as for your friends, because they know that you will pay them back.
if this burden won't be so tough to you, and the level of liability in front of the bank won't hesitate u, why not? banks can lend money but you have to explain for what purposes and prove your financial sustainability. If u really wanna start trading but don't know where to get money, ask your friends or closest people. u can pay them back without any fees and percents. it's twice more beneficial as for you as for your friends, because they know that you will pay them back.
Tham gia từ Dec 03, 2021
1bài viết
Tham gia từ Aug 10, 2021
172bài viết
May 25, 2022 at 00:46
Tham gia từ Aug 10, 2021
172bài viết
i think we should trade by borrowing money. You must have your own money because forex is a very risky business.
Tham gia từ Apr 03, 2021
437bài viết
May 25, 2022 at 02:33
Tham gia từ Apr 03, 2021
437bài viết
This is not a good idea to borrow money to invest in forex, although possible this is not recommended because the result today is not guaranteed will get the same result for tomorrow, while you need to pay loan installment monthly or daily basis, while possible risk the fund in account trading not growing even worse margin call account make bad life
Tham gia từ Feb 16, 2022
65bài viết
May 25, 2022 at 06:38
Tham gia từ Feb 16, 2022
65bài viết
Maximum of the traders don’t have sufficient trading experience so they should not take loan from bank for trading. Lack of experience makes a trader suffer in the long run. So, traders should hard and soul try to flourish their experience in at any cost. But, it’s essential for a trader to be well learned, motivated and mentally-fit for trading.
Tham gia từ May 13, 2022
33bài viết
May 27, 2022 at 04:45
Tham gia từ May 13, 2022
33bài viết
You can do that technically. However, investing money that was borrowed from a bank into the market is not a smart move at all and should be avoided at all costs. Imo, using leverage is better than borrowing money from the banks.
Tham gia từ May 13, 2022
23bài viết
May 30, 2022 at 09:21
Tham gia từ May 13, 2022
23bài viết
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.
Tham gia từ May 18, 2022
24bài viết
Jun 01, 2022 at 09:09
Tham gia từ May 18, 2022
24bài viết
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.
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.
Tham gia từ Feb 16, 2022
65bài viết
Jun 14, 2022 at 06:58
Tham gia từ Feb 16, 2022
65bài viết
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.
Tham gia từ Jun 02, 2022
32bài viết
Jun 16, 2022 at 10:04
Tham gia từ Jun 02, 2022
32bài viết
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.
Tham gia từ Jun 02, 2022
23bài viết
Jun 16, 2022 at 10:42
Tham gia từ Jun 02, 2022
23bài viết
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.
Tham gia từ Jan 10, 2022
40bài viết
Jun 17, 2022 at 04:49
Tham gia từ Jan 10, 2022
40bài viết
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.

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