Trade forex with other peoples money

By: olgasme Date: 22.07.2017

Ask a Financial Expert Online. I am happy to assist you with your question. In order to manage another person's money, you would need to establish a private placement to offer clients, which would need to be signed by them.

I would recommend contacting a hedge fund attorney since they are experienced in this matter and can ensure that you have the legal forms in place. You don't necessarily need a license as much as you need the proper legal documents. These legal documents include a Private Placement Memorandum PPMSubscription Agreement and a Limited Partnership Agreement LPA if structuring the investors as partners in a Partnership.

If you prefer to structure the trading company as a Limited Liability Company LLCrather than a Partnership, then each investor would be a member rather than a partner.

trade forex with other peoples money

If you google hedge fund or private placement attorneys, you will get several choices to choose from. Although there are legal bangladesh forex rates at start-up, you want to protect yourself in this area by having trade forex with other peoples money correct legal documents and compliance in place.

The investment management industry is a very lucrative but very litigious industry, so you want to make sure you take all precautions to protect yourself. I hope this helps answer your question on the licensing.

trade forex with other peoples money

If you would like further clarification, please let me know. Thank you for using just answer and I look forward to assisting you in the future. Have a great day!

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Ask an Expert Tax Questions Finance Questions. Experts are full of valuable knowledge and are ready to help with any earn extra income ottawa. Credentials confirmed by a Fortune verification firm. Via email, text message, or notification as you wait trade forex with other peoples money our site. Ask follow up questions if you need to. Rate the answer you receive.

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trade forex with other peoples money

Shane Northrop is a Certified Public Accountant, Personal Financial Specialist and a Chartered Global Management Accountant. Type Your Finance Question Here Shane-CPA is online now.

can I trade other peoples money in the forex market without a license and where would I fi

Ask your own question now. This is Shane CPA from Just Answer.

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