I found this as a reply to a complaint on a forex forum from a forex broker :
"Risks associated with funding by Credit Card:
You accept that if you are funding an account to trade a leveraged product you may be exposed to a greater risk of entering into financial difficulty, should you experience trading losses, than if you fund your account with a cash wire transfer. By funding with a credit card you may expose yourself to ‘double leverage’"
Anyone has an idea what they mean by double leverage and the risks of credit cards deposits?
"Risks associated with funding by Credit Card:
You accept that if you are funding an account to trade a leveraged product you may be exposed to a greater risk of entering into financial difficulty, should you experience trading losses, than if you fund your account with a cash wire transfer. By funding with a credit card you may expose yourself to ‘double leverage’"
Anyone has an idea what they mean by double leverage and the risks of credit cards deposits?