Any credible stockbroker won’t allow you to purchase stock with a credit card. It’s not a financially sound way to buy stocks because you can lose your money and have to pay astronomical interest rates on your credit card debt. The return on your stock investment would have to be pretty significant just to break even. Despite the drawbacks, with some clever maneuvering, you’ll be able to use your credit card to buy stocks online.

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Buying Stock Online With a Credit Card

Get a cash advance from your credit card. If you prefer to conduct your business affairs online, you might be able to transfer money from your credit card directly into your bank account. If not, deposit the money from your cash advance into your checking or savings account.

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