Hi there,

Can someone clarify the legal issues around trading for friends?

Also is there a difference legally between trading for offshore clients or local clients?

At what point is a trader forced to apply to be a Broker to remain within the law.

I have been dabbling for about 5 years, and now have a system for manual trading good enough to earn a good return but I find it hard to get good answers about how regulated things are, what you can legally do and what you cant.


Many Thanks for any comments.

Thos.