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.
Jun 19 2020 at 12:27
You must be properly licensed if you take deposits and trade other people's money
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.
Sep 30 2020 at 17:59
You need to choose a regulated broker to trade in the forex market.
Oct 09 2020 at 09:25
No, it is not a mandate to get verified or registered. If you are trading with an unregulated entity or broker who accepts crypto deposits. Verification is not mandatory.
Oct 09 2020 at 11:49
puretechnical7 posted:
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?
There are only 3 options being allowed to trade money of other people:
1. Pass a pro-course of an investment bank and/or an official registered pro-trader and apply for a license at your local financial regulator. Only after a proper license registration you'll be allowed to trade with clients' funds.
2. Take the broker of your choice and open a PAMM or MAM account on it. Other people will see if you're good and will then invest into your account.
3. Search for a good local prop-trading-company. If you're good they might invest into you as their prop-trader.
patience is the key
Oct 09 2020 at 12:06
I am sure that no license will guarantee that you will not be deceived. A good account history, stable profit are the main characteristics for a successful choice.
Oct 14 2020 at 11:15
Yes, only then you will be deemed safe.
Oct 15 2020 at 05:10
It will be to your benefit if you are registered. A proper license offers protection for you as well as the investor.
Oct 21 2020 at 10:01
Anything which is registered is always more trustworthy. Like Fxview, FBS, Tickmill.
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