Thursday, March 23rd, 2017

Can I fund online stock trading with a credit card?

Is it possible to trade stocks of credence in l? Line using no real capital?

Comments

9 Responses to “Can I fund online stock trading with a credit card?”
  1. Swaminathan P says:

    almost many leading traders like ICCI, HDFC, KODAK and many more offer this facility

  2. AM-NM centaur says:

    Nope. You need to get a cash advance and deposit it to your brokerage account.

  3. te144 says:

    Not sure. The credit card charges the broker 2 or 3% charge which (if it happens) would be charged back to you, plus you would pay, probably !%/mo interest.. For the fun of it call in a order and see what happens and get back to us. Maybe you can start something that will revive the economy (or not). HopaHopaHope.

  4. mason pearson says:

    I haven’t really keep up with SEC/ Exchange rules, but it used to be illegal to purchase stock with borrowed money. If you told your broker you had borrowed money, the broker, according to the rules could not accept the trade. It went on because the broker never asked where the money came from.. chuckle.

    BUT funding with a credit card would automatically make it borrowed money. I will bet you can not.

    ALSO if you are borrowing money to fund a stock account that is a very bad idea.

  5. Jazzy J says:

    nope u cant……. credit cards dnt work every where dude

  6. Ron Berue says:

    In the beginning “newbie” traders and investors DO NOT INVEST THE FIRST cent or dollar. No amount of money.

    In the beginning you LEARN HOW:
    A] the stock market works.

    B] to invest in many, many various ways.

    C] to properly trade

    D] many other concepts and aspects.

    Beginning or novice [‘newbies”] investors and traders ALWAYS make mistakes. In fact, throughout a person’s avocation or hobby to do trading, he/she will make mistakes.

    In the very beginning, you READ AND LEARN about the market and how it works:
    Read “Investing for Dummies”
    As you are reading and doing research about the investments you are interested in, sometimes you’ll come across a financial or investment term you never heard before.

    You can usually find excellent, easy-to-understand definitions of many financial and investment terms by going to Investopedia’s dictionary.

    http://investopedia.com is a free site. It’s recognized by Y! A as a “Featured Knowledge Partner”.

    It probably won’t be long when you’ll feel you’re ready to invest your hard-earned money. Before taking that step, you really should do research about what you are investing in. It also has a free, paper trading platform. You can set up a virtual account and almost trade as though you were trading with real money.

    http://finance.yahoo.com is also recognized by Y! A as a “Featured Knowledge Partner”
    END E-MAIL #1
    The thought processes are:
    1] to have more successful trades than failing trades.
    2] to minimize the losses of those losing trades.
    3] “To live to trade another day.” Having enough money in the trading account to return to the market.

    ALL this is accomplished by a few true expressions used on Wall Street:
    Some trading expressions come to mind:
    A] “On Wall Street there aren’t any gifts.”
    No one gives anyone else anything – not even stock tips.

    B] BUlls [BUyers] earn money.
    BEars [SEllers] earn money.
    Pigs get fat.
    Hogs [Greedy Traders] get slaughtered. They lose the money in their trading accounts.

    C] “Trees don’t grow to Heaven. Neither do stocks or any other investments.”
    In other words: What goes up, MUST come down!

    D] “Plan your trade. THEN trade your plan!”
    Have a trading plan with rules for that plan for each strategy.

    I want everyone to know I DO NOT own any portion of this man’s estate, nor am I associated with him or any one else connected with him in any way. I am not part of the publishing company or an agent or anything else. This man does not know me from Adam AND I don’t know him. I know of him and the wonderful book he wrote. THIS IS NOT SPAM.
    You should buy a copy of this book:
    “The Richest Man in Babylon” by George S. Classon. You can get the book on http://amazon.com
    Its very easy to read. Its very easy to follow. You can write in it. You can make notes in it. All you have to do is to read five [5] pages – Let’s count
    1 – 2 – 3 – 4 – 5 pages of this book – or any book – each and every day.
    OR You can leave it sit on the shelf, on a table or on the floor and let it collect dust.

    Thanks for asking your Q! I enjoyed answering it!

    VTY,
    Ron Berue
    Yes, that is my real last name!

  7. src50 says:

    Yes, but its a stupid idea. Investing with borrowed money is foolish.

  8. A nobody says:

    You nor anyone else can do trading (on line or not) with a credit card.

    The use of credit in this country is under the rules & regulations of the Federal Reserve Board (not the SEC).
    All banks & brokers must follow these rules & regs.

    The use of a credit card let’s the buyer purchase without the use of money, the Fed’s rule state that this can not be done.
    All security purchases must be paid in full on or before the settlement date of the transactions, or under the rules of margin, the customer must deposit 50% of the pruchase price and have initial minimum equity in the account of $2000

    Bases on these rules – NO ONE CAN USE A CREDIT CARD

  9. ggad free says:

    How To Make Huge Profits In Stocks During The First 47 Minutes The Market Is Open!?,Curious About The First Commercially Available Stock Trading “Robot” Which Earns $346.77 Per Week (Managing $1000 Capital).

    < http://firewind99.affstocks.hop.clickbank.net/ >
    <
    http://satellitetves.com/search.php?keywords=Stock+Trading&Submit=search >

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a
gravatar!

*