Join Early Retirement Today
Reply
 
Thread Tools Display Modes
Oh, the Injustice! Retail FOREX brokers may ban use of credit cards for trades
Old 02-11-2013, 03:35 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
Oh, the Injustice! Retail FOREX brokers may ban use of credit cards for trades

Retail Currency Market Eyes Card Ban - WSJ.com

Small investors in the currency market may soon find their credit cards denied.

Industry overseers, concerned that retail investors are racking up credit-card debt to bet on currencies, are considering a ban on using the plastic to pay for trades.

As one aggrieved customer said, "I don't know of any other industry that won't accept credit cards!"

How about it guys, your broker take Amex, Visa, and Mastercard?

I just wish I knew what direction their trades are taking; I'd at least look at the other side.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-11-2013, 05:15 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 9,343
I wish Vanguard did. I would acquire every 1% cash back credit card known to mankind, and buy/sell the money market fund until they closed my account.
Mulligan is offline   Reply With Quote
Old 02-11-2013, 09:21 PM   #3
Thinks s/he gets paid by the post
Lakewood90712's Avatar
 
Join Date: Jul 2005
Posts: 2,223
Years back , I was loading up on I bonds, using Discover to pay. Got a lot of cash back for 2 years - until Discover got wise and shut off the water on that deal.
Lakewood90712 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Quick Links

 
All times are GMT -6. The time now is 06:38 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.