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Thread: Taking bank loan

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    Default Taking bank loan

    I never suggest people to take loans from banks or other institutions for trading Forex. If they do so, they will be the victim to those who fall in the category of bankruptcy. If you have small capital, no matter, start with it. FXOpulence broker offers flexible leverage, narrow trading spread and flexible margin level that lower our trading risks.

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    I strongly advise against taking loans from banks or financial institutions to trade Forex. Trading with borrowed money significantly increases your risk, and if the market turns against you, it can lead to financial ruin. Many who go bankrupt did so by trading with borrowed funds. Even with small capital, it's wiser to start small, learn gradually, and grow your account through experience and disciplined trading.

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