Is it possible to buy shares on credit?

[UFC]

Hello

I hope this isn't a stupid question...

Are there any share trading companies which allow me to ring them and buy shares on credit, i.e. they send me an invoice?

Or do they all require you to have paid up front?

Thanks

 

[mercman]

Money up front or a transfer within two days if the broker knows you.

 

[Bronte]

Hello

I hope this isn't a stupid question...

Are there any share trading companies which allow me to ring them and buy shares on credit, i.e. they send me an invoice?

Or do they all require you to have paid up front?

Thanks

Why would you want to do that?

 

[UFC]

Why would you want to do that?

Bank transfers take a number of days.

 

[dtlyn]

Hello

I hope this isn't a stupid question...

Are there any share trading companies which allow me to ring them and buy shares on credit, i.e. they send me an invoice?

Or do they all require you to have paid up front?

Thanks

If you're trying to make a margin on growth vs. cost of borrowing then maybe you should ask your broker about options/shorting. If not, then what you're considering doing is a really bad idea.

 

[Bronte]

Bank transfers take a number of days.

And what's the hurry?

 

[mercman]

And what's the hurry?

Settlement under normal trading circumstances is 3 days from order execution.

 

[UFC]

Why would you want to do that?

And what's the hurry?

If you have nothing helpful to say, please don't reply.

 

[praetserge]

There're some brokers who offer credit facilities but it's only provided to wealthy investors and you have to have some assets (like property) to guarantee your ability to cover losses.
If you a small investor, like most of us, than you could try financial spread betting and CFDs as you trade on margin and thus effectively borrow money from the broker.