My question was do I really have to legally inform FCA? I definitely will only follow the legal routes. I wasn't asking anything illegal so I am not worried. I will reiterate my question: offering copy-trading on a stockbroker or
crypto exchange is different from say opening a full fledged hedge fund. Copy-trading sites handle all the compliance stuff and get people who will be copying to sign disclosures that they know risks, etc. So it's not like I am opening a big hedge fund. So I was wondering if legally I am really required to inform FCA about it, when likely it will just be part of my legal trading on that site/exchange and that site/exchange handles customer disclosure forms, risk forms, etc (with tax paid in uk even if company is offshore).
So a valid legal question. I am not opening a hedge fund! Just trading and allowing others to copy me per their own risk per the copy-trading rules of the biggest crypto exchange in the world,
binance, bybit. So I was doubting that I would need to inform FCA when i am not taking any funds, etc like a hedge fund would.
My question was do I really have to legally inform FCA? I definitely will only follow the legal routes. I wasn't asking anything illegal so I am not worried. I will reiterate my question: offering copy-trading on a stockbroker or
crypto exchange is different from say opening a full fledged hedge fund. Copy-trading sites handle all the compliance stuff and get people who will be copying to sign disclosures that they know risks, etc. So it's not like I am opening a big hedge fund. So I was wondering if legally I am really required to inform FCA about it, when likely it will just be part of my legal trading on that site/exchange and that site/exchange handles customer disclosure forms, risk forms, etc (with tax paid in uk even if company is offshore).
So a valid legal question. I am not opening a hedge fund! Just trading and allowing others to copy me per their own risk per the copy-trading rules of the biggest crypto exchange in the world,
binance, bybit. So I was doubting that I would need to inform FCA when i am not taking any funds, etc like a hedge fund would.