Current location - Loan Platform Complete Network - Bank loan - Is it illegal to borrow money for stock trading?
Is it illegal to borrow money for stock trading?
It is illegal for individuals to borrow money for stock trading. Generally speaking, when individuals apply for loans, they need to submit written proof of the purpose of the loans. The purpose of the loan must comply with the provisions of relevant national laws, regulations and policies, and shall not be used for illegal channels such as gambling and areas prohibited by the state regulatory authorities, such as stocks, bonds and other investments. According to the relevant regulations of the bank, stock trading is really not allowed. Stock trading refers to buying and selling stocks upside down. The core content of stock trading is to obtain profits through the price difference between buying and selling stocks in the securities market.