Can i buy stocks with my credit card?

2007-02-23 5:19 am
更新1:

Here is the deal. I'm from Venezuela and i don't want to buy dollars on the black market, take the money out in suitcases -- or buy luxury goods abroad with my credit cards to exchange some money that i have back home and i don't need/want to buy anything big right now.

回答 (10)

2007-02-23 4:09 pm
✔ 最佳答案
You cannot use a credit card to pay for stock purchases. You can use the cash you can get from a credit card to pay for it, but brokerage firms do not accept credit cards.
2007-02-23 5:25 am
102% yes.
You can get a cash advance and pay for the stock.
(I don't think traders use Mastercard or anything else but you can find a way around it using cash advance)
2016-03-29 8:12 pm
He got a cash advance on his credit card, at a stupidly high interest rate. Dumb move. He did not break a law. Brokerages don't take credit cards as payment on stocks. It's an option or a cash purchase. He is just really tragically stupid and has no business trading, for obvious reasons.
2016-02-16 12:13 pm
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You will have to wait between 3 and 10 days to get into the system in most cases. When I signed up it took 8 days. I wished it was faster, but if you can wait a week or two to start earn life changing money than you will have what it takes to make it in this business.
2007-02-23 5:25 am
Buying stock requires cash settlement within 3 days of you placing your buy order. A credit card is not accepted. You could get a cash advance from some credit cards to meet the cash settlement, deposit the cash in your checking account and pay for the stock with a check from that account.
2007-02-23 5:23 am
Yes, but the credit card charge will be treated like a cash advance.
2007-02-23 5:22 am
101% no
參考: personal experience.
2007-02-23 7:55 am
No.
2007-02-23 5:22 am
if an exchange allows margin trading, it is possible.


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