As a first-time applicant you can borrow between $5 000 and $100 000.
If your application is approved. Your trading account will be funded no later than the next business day. Please verify that you have submitted the correct trading account and broker name. This will enable us to get the loan funds to your trading account as quickly as possible.
The Interest rate charged is 6% on yearly basis.
Trading loans are intended to be used for 12 months.
Depending on what time of day you apply and how quickly you complete the application process, you can be approved within minutes. However, keep in mind it can take up to 24 hours.
You will be required to pay your first installment when your trading account is funded and before you can start trading
Applicants will begin the process by filling out submitting an online application. Once submitted, we review your application and notify you either by phone, or email regarding your status. If your loan is approved, you will be required to sign a loan agreement. You will receive the funds in your trading account in the next business. All applicants will receive their status via email. Please pay close attention to all emails that you receive from us.
We do not perform credit checks, but we do verify your check writing/loan history with national databases.
A trading loan is an advance extended to you directly in your trading account that allows you to trade Forex and CFD's and Cryptocurrencies.
We are currently working with several brokers that we trust. Here a direct links to their websites to you can open a live trading accost which we can fund should you are approved for a loan.
No, You have to open a trading account with one of the brokers we work with.