how long do you guys think someones real preformance should be before they open a managed account service?

That is a amazing pic of a lion you have on your website!

do you move country every 6 months to claim perpetual traveler status when it comes to taxes or because you live 6 months in a tax haven and then 6 months in a tax county and pay no a little tax in tax haven?

how much money do you have under management? <= sorry if its to personal

why dont you have recent preformance on your websit? it only goes to 2006

MFB one year?

 i think the business plan and the structure is quite simple , and the documents you just need a lawyer to look it over .


do you happen to know what the regulations for fxmanager are for spain or were i can get that info from on the internet ?
i just did a quick google search but all i find is fx managers ....

i was just checking now for in a matter of 4 or 5 months as i do whant to managed accouts latter as theres only so much you can do with your own money.



WhyLose posted:
    It's not just about performance. You need to create a solid foundation for your business.

Create a business plan.

Trade your investment strategy on MFB for at least one year whilst sorting the other bits.

Set your budget and timeline of completion - I'd favour two years but for me it was eight. I was in my comfort zone.

Define your fee structure.

Instruct your legal team to create managed account documents and the necessary registrations.

Choose a prime broker.

Build an early relationship with an auditor who will provide year-end tax work for your business, investor's report and a full audit trail for performance.

Devise a marketing strategy and budget.

Plan and build your website, marketing materials, etc, all of which will be fully compliant with the financial regulator in your jurisdiction and other countries where you intend to attract clients from.

And a lot more but that'll do as a taster.

Malta is my base DD and I use an ITC which gives me an effective tax rate of 5% on the company side and helps on a personal level if I don't stay in Malta more than 6 months each year.

Comisión Nacional del Mercado de Valores is at http://cnmv.es

this is why you need to be careful not only of the traders, but also the clients. This was sent to me from a friend, the guy in question here is another trader that is in trouble. i have deleted certain info but read it and see how illegal even this thread is unless people are registered.
 
 We are far from done with this situation. I have sought legal council, and before this becomes expensive and time consuming for both of us, I would like to solve this peacefully. Through speaking with my legal council, NFA, and CFTC I have found this:
 
1. You are not registered with the NFA or CFTC which makes it illegal to advertise or solicit investors through the internet or any other medium.
 
2. You never gave me a disclosure document on trading advise/strategies or signed written statement explaining your exemption from applicable registration/disclosure documents required by NFA, CFTC, or other government authorities.
 
3. Your trade record appears to be bogus and or altered. Which holds you liable for losses and is fraud.
 
4. Even though you had POA you disobeyed strict instructions not to trade anymore which is a serious breach of that contract.
 
5. I have been instructed to give you 1 week to return my losses in the amount of xx,xxx.xx
     
If you fail to do this I will be filing the civil suit and also all of our texts, emails, info, your trade records of my account, your personal trade record you advertised was yours, will all be formally submitted to the NFA and CFTC. I have spoke with them and upon me giving them this info they will be requesting your verified trade records from Interbank FX. They will also start action on number 1 on this list above.
 
I am not threatening you just asking you to do what is right. You are more than welcome to talk to me about this or go seek legal council/speak with the NFA--CFTC.
I will also need a scanned email copy of the signed POA with your signature and the Notary public's signature.

just saying refer to #1 in my post above i would not put my info on this thread if i wasnt registered and legal.