Do I need to be registered if I am looking an investor?

Feb 16, 2020 at 10:13
1,543 Views
24 Replies
Member Since Feb 15, 2020   4 posts
Feb 16, 2020 at 10:13 (edited Feb 16, 2020 at 10:13)
If I trade the forex market and I will hopefully provide a sustainable and profitable trading service, do I need to be licensed or something like that?
TheNormalGuy
forex_trader_745947
Member Since Jul 08, 2019   57 posts
Feb 16, 2020 at 17:16
Show your trading skill to investors First, if they like your trading result you will get found to trade.
Member Since Sep 16, 2019   11 posts
Feb 17, 2020 at 15:04
You need to be properly licenced if you take deposits and trade other peoples money
Member Since Feb 15, 2020   4 posts
Feb 17, 2020 at 15:14
HertzTrader posted:
You need to be properly licenced if you take deposits and trade other peoples money
like how? is there a specific license that has the most recognition?
TheNormalGuy
Member Since Feb 15, 2020   4 posts
Feb 17, 2020 at 15:15
GlobalScalper posted:
 Show your trading skill to investors First, if they like your trading result you will get found to trade.
Alright, I am still struggling linking my myfxbook account to my MT5...
TheNormalGuy
Member Since Feb 15, 2020   4 posts
Feb 17, 2020 at 15:17
Teodor2345 posted:
How to become attractive to investors?


I would say a steady, sustainable, low risk and the most importantly profitable trader is attractive.
TheNormalGuy
Member Since Oct 21, 2019   25 posts
Apr 12, 2020 at 18:33
I assume some people already replied that you need to be looking at your own potential first and only then do provide some other things like licensing and so on, everything is quite bad today absolutely, but let's hope it will be fixed like investing climat with COVID 19.
Member Since Mar 03, 2020   12 posts
May 15, 2020 at 17:45
GlobalScalper posted:
 Show your trading skill to investors First, if they like your trading result you will get found to trade.

true, they must be confident in your trading style and results. and license, of course. without a license people will not even consider you for investing.
Member Since Apr 18, 2019   25 posts
May 24, 2020 at 11:42
Of course, for any action on the market, you need a license. Investors need to understand that they can trust you. Good brokers have a regulator, which provides legal support to traders in case some unknown situations occur. So, if you are serious about your future plans , you can use it all, too.
Member Since Apr 29, 2020   3 posts
May 28, 2020 at 11:42
the license still does not guarantee you that you will not lose your account
Member Since Dec 26, 2019   20 posts
May 30, 2020 at 16:30
You can find positive and negative reviews about any company.
So I would probably recommend checking everything personally, just starting with a small amount so that it is safe for you and you can personally assess everything for yourself.
Member Since Jun 08, 2020   30 posts
Jun 08, 2020 at 15:50
Johannes33865 posted:
How to please investors so that they are not afraid to give money?
to show then real trades with a longer history. Not just Blah blah blah .... that is not possible to take to the bank.
trade your account plug it in here on MyFxbook and they will trust what they see ...if anything to see.
Member Since Mar 31, 2018   27 posts
Jun 12, 2020 at 10:46
Rather then take that root, i mean obviously after you demonstrate a consistently profitable systems over a 1-2 year period. There are many copy trader/social trading platform. Also PAMM account, no need for licencing. This is the approach i have taken...good luck
PROFITINGSYSTEMS
forex_trader_1579982
Member Since Jun 04, 2020   48 posts
Jun 12, 2020 at 18:42
Get a License if you have the opportunity to, it may come handy too in some case, but as a Freelance Trader, I did not get or need no License
Member Since Jun 09, 2020   36 posts
Jun 17, 2020 at 16:11
Yes, you need to have a license so that people can trust you and invest money without being afraid that they can lose money.
Member Since Apr 25, 2020   119 posts
Jun 18, 2020 at 13:41
Most likely you will have to register.
Member Since Mar 03, 2020   10 posts
Jun 19, 2020 at 03:36
Sure. You won't give your money to the person that you don't know and just called you, right? So a registration is kind of a protection for the investor.
Member Since Feb 14, 2020   10 posts
Jun 19, 2020 at 12:27
You must be properly licensed if you take deposits and trade other people's money
Member Since Jul 23, 2020   869 posts
Sep 30, 2020 at 14:37
Kazile posted:
Most likely you will have to register.
Yeah, you have to register under federal or state securities laws. For US, you have to register with SEC.
Member Since Jul 20, 2020   341 posts
Sep 30, 2020 at 17:59
You need to choose a regulated broker to trade in the forex market.
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