Can you borrow money from the bank to trade forex?
Mitglied seit Sep 27, 2022
1 Posts
Sep 27, 2022 at 15:37
(bearbeitet Sep 27, 2022 at 15:38)
The idea is that you can get financial help for forex trading from a bank. It often becomes an anchor investor for companies that issue bonds, i.e., it is the first to redeem up to 50% of these securities immediately upon issue. The maximum redemption amount is $3,500,000 million. The bank helps raise money and signals to other potential investors that they are facing a reliable issuer. Of course, few people will invest with such big numbers, but there are such big players. When I tried to trade forex with small amounts, it did not work at first. Then I decided to turn to Mortgage Broker Basingstoke https://londonmoneyman.com/mortgage-broker-basingstoke/ for advice and financial help. They helped me in all aspects, and surprisingly I could pay back my debts in no time.
Sep 27, 2022 at 23:14
Sometimes traders work recklessly investing money, some people might be ignorant and blindly take a loan without paying attention to the risk, investing money in forex with taking a loan, will possible making double stress when getting failure or margin call account.
Mitglied seit Aug 19, 2021
246 Posts
Sep 28, 2022 at 12:13
Oh if you want to feel like Jason Statham, it's time to take out a bank loan to start trading. 😄😄
Because then you will run away from creditors, like he is in the movies from the bad guys. And learn to fight at the same time. 😂😂 I wish you luck. 😐😲
Because then you will run away from creditors, like he is in the movies from the bad guys. And learn to fight at the same time. 😂😂 I wish you luck. 😐😲
Jan 10, 2023 at 22:27
I will not advise you to borrow money from the bank for a forex deposit because will make stressed when your target profit is not achieved while you must pay the loan on time. It is good you have backup another source of income besides trading because in trading possible get an easy profit today and then get an easy loss tomorrow.
Mitglied seit Jan 11, 2023
2 Posts
Jan 11, 2023 at 14:57
You shouldn’t take a loan right away. This’s a big mistake made by beginner traders.
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