Trader Moderator. Adamus said:. Define afford :jester:. tomj Junior member. montmorencyt2w Senior member. RoryP said:. Which prop firm do you trade at ShaunlOol? lbranjord Well-known member. montmorencyt2w said:. Yes, getting a loan would be crazy unless you have some track record established already which was not just due to luck. Establish a track record with small stakes using your own money that you can afford to lose then review the situation in say, six months or a year.

Maybe then consider approaching close friends or family for funds to increase trading capital but make sure it's all in writing and make sure it's money that they can afford to lose with no hard feelings. I personally wouldn't go near a bank for such a venture. As for robots, good luck with that. Goldman Sachs' robots will always be bigger and better than yours.

Be ambitious by all means, but keep your feet firmly on the ground and be realistic. pcindia Member. taking loan to trade with a robot? hahahhahahaha robot generates money only for it's originator not by trading but by selling on a website. price Established member.

There is no way he can be serious. I think he posted that and now he is laughing at everyone that posted on this thread. He made 3 additional posts after this one, and that was it. One post was concerning a robot he wanted someone to create for him. You have to be flipped out if you would actually want to get a loan to trade full-time with a robot. OTOH, there are still people around who want to be rich with no work. It's unbelieveable someone can be this naive.

pjchalmers Junior member. Has anyone noticed the only person not responding to the comments isthe thread originator after 2 pages worth I suppose its the unbelievable text he started the thread with.

How many times has he got to read on here that robots look good on paper but if you go into the results a bit deeper you can rip most of them apart. If you havent got it to start with and cant afford to loose it look for a different way to earn an income, one that brings money in not bleeds it away.

The major difference is that it is not accessible to all, and it is strictly for forex trading purposes. You can take up loans in USD or Euro depending on your trading currency. Furthermore, taking up a forex loan might not be difficult, but the major challenge is managing it well. It is important to note that in most cases forex loans are not always available to new traders. This is due to one reason or the other. Basically, a forex loan involves taking up some securities from a forex financial lender to pay back at a later date.

Your loan repayment is based on the exact amount you lend, and the interest rate agreed at the beginning of the deal. As we have stated earlier, this loan option is somewhat similar to taking a bank loan. Furthermore, a forex loan can either be an open-ended credit or a pre-defined one-time amount.

Also, the terms and conditions of a forex loan depend basically on your agreement with the lender. If your lender requires collateral, they will state it explicitly in the terms and conditions. You can get forex loans from fellow traders, financial organizations, investors, forex banks, and the government. A secured forex loan is a loan that you take as a trader with the expectation of pledging an asset in return.

This asset can either be a car or property. The lender secures your loan with this asset as collateral. And if you default, the ownership of the asset will be transferred to your lender. Unsecured forex loans are basically the opposite of secured forex loans. Forex loans in this category do not require you to secure your loan with collateral.

But, as you would expect, loans in this category have higher interest rates as compared to Secured forex loans. Just as the name implies, revolving forex loans are loans that orbit in a circle. In simpler terms, this loan option basically allows you to borrow a loan, invest, repay, and re-borrow. Because of its structure, many traders consider this loan as flexible. Term forex loan is a loan option that allows you to borrow a specific amount from a lender with a repayments schedule and a fixed interest rate.

The majority of times loans in this category are usually paid in equal proportion and on a monthly installment basis. Forex loans have their own advantages and disadvantages. The advantage is that you can lend funds to trade when you need it. Your country is identified as United States LiteFinance Global LLC does not provide brokerage services in your country. Stay on LiteFinance Global LLC site. Home Beginners Beginners Forex investment loan.

TYPES OF LOANS Generally we have different kinds of loan, and this types includes Mortgages Auto loans Personal loans Small Business loans Payday loans Here we are only going to consider the business loan, this loan is grated to business people to help them start of expand a business, this is the type of loan that is applicable by a forex trader as it enables him to invest more on the trade, and pay back the specific amount that may have been required by the lender after a specific period of time, this means that even without having a capital in your account you can still start your business and make your money, one good thing about forex business is that you can still make your money after a short period of time and still pay back the loan you obtained.

WAY OF APPLYING FOR LOAN Internet Phone Meeting a branch of credit organizations. Printing and mailing an application But you must meet the requirement of any organization before your application will be granted.

LiteFinance Global LLC does not provide brokerage services in your country. org website, you confirm that access to all programs and services is provided to you for informational purposes only, without the offer of registration. Forex investment loan is the a dept provided by an entity to another entity at an interest rate for forex investment , and by a note which specifies, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and date of repayment.

forex investment loan is mainly from banks and big organizations to an individual or to an organization, loan contracts come in different kinds of forms and with varied terms, banks credit unions and other people lend money for significant, though the little loan are mainly available for chosen group of people regardless of type, every loan and its conditions for repayment is governed by the federal guidelines to protect consumers from bad practices like excessive rate.

Here we are only going to consider the business loan, this loan is grated to business people to help them start of expand a business, this is the type of loan that is applicable by a forex trader as it enables him to invest more on the trade, and pay back the specific amount that may have been required by the lender after a specific period of time, this means that even without having a capital in your account you can still start your business and make your money, one good thing about forex business is that you can still make your money after a short period of time and still pay back the loan you obtained.

Business loans can be obtained from banks or credit organizations. You can start your forex business even without a enough capital ,but jus by investing you loaned money. Loaning to trade in a business like forex trade is very risky; you may end up losing all the money. It may be difficult for bank to grand you loan for forex business, considering the risk involved.

Your country is identified as United States LiteFinance Global LLC does not provide brokerage services in your country. Stay on LiteFinance Global LLC site.

Home Beginners Beginners Forex investment loan. TYPES OF LOANS Generally we have different kinds of loan, and this types includes Mortgages Auto loans Personal loans Small Business loans Payday loans Here we are only going to consider the business loan, this loan is grated to business people to help them start of expand a business, this is the type of loan that is applicable by a forex trader as it enables him to invest more on the trade, and pay back the specific amount that may have been required by the lender after a specific period of time, this means that even without having a capital in your account you can still start your business and make your money, one good thing about forex business is that you can still make your money after a short period of time and still pay back the loan you obtained.

WAY OF APPLYING FOR LOAN Internet Phone Meeting a branch of credit organizations. Printing and mailing an application But you must meet the requirement of any organization before your application will be granted. Start Trading. Investing in forex is not a modern development. The foreign exchange market has been a Follow us in social networks!

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Install the app. not as high a rate as forex traders, but a significant number. Are you into the business of agriculture or want. SECURED AND UNSECURED FOREX TRADING LOANS Forex trading loans can be secured or unsecured. You can earn as well as lose your money.

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