Recent content by Teddicus

Ugh... Man, I hear what you are trying to do... that is the entity I am looking to formulate myself, however I have been researching how to do this as an entity rather than an individual trader. It also depends on what country you are based in. PM me if you would like more info on my experience...

I would very much like more information on this setup. Can someone pls contact me regarding the formation of such entities. Right now, we have been doing our due dilligence on the formation of a Trading Advisory which would place trades in client accounts on their behalf, in exchange for %...

Belize and the Cayman Islands seem like the best jurisdictions for this... Caymans is a tick the box if you plan on handling investors that will be investing over 100k or have a net worth over 1m per client. Belize is as expensive as Seychelles, and the capital requirements is 100k, but it...

I've spoken with several BVI Lawyers - the licensing aspect of it can take up to 8 months for approval... and you are looking at a variety of actual BVI Cost based fees around 2k+, then there is the cost of legal assistance... that guestimate had me in the arena of 10-15k. and a lengthly wait...

Question... so you guys are saying that if I am looking to start a company that acts as a trading advisory... basically placing trades in client accounts through POA or LPOA, I am in the same category as a mutual fund, which "pools client funds for collective investments"? Even though I am not...