Dec 20, 2010

Can we buy a stock with a credit card?

There are strict rules to how money must be processed when you buy shares online. You cannot just use your debit card as if you were buying a cheeseburger. Instead, the money will need to be loaded through a wire transfer, a physical check, or some sort of electronic fund transfer. This is often one of the most cumbersome portions of the process, as investors have to dedicate a significant amount of time to funding their account before they ever get a chance to buy shares online. You will want to follow all of the rules and make sure that you are working with a legitimate broker throughout this process.I think not all bank can give credit and must be there are strict rules

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