There is a saying that you should only trade and invest what you can afford to lose. Therefore getting a loan to trade forex is generally not a good idea. Trading forex is a risky activity, and there is no guarantee that you will make money from it.
If you take out a loan to fund your trading activities, you could end up in a lot of debt if your trades do not go as planned. Additionally, taking out a loan will increase the amount of pressure and stress that you are under, which could lead to poor decision-making. You can also start small too. Trade with what you can afford at first then you can increase it later. In short, it is best to only trade with money that you can afford to lose.
If you take out a loan to fund your trading activities, you could end up in a lot of debt if your trades do not go as planned. Additionally, taking out a loan will increase the amount of pressure and stress that you are under, which could lead to poor decision-making. You can also start small too. Trade with what you can afford at first then you can increase it later. In short, it is best to only trade with money that you can afford to lose.