Can I get someone to trade forex for me, on my behalf? I hear you ask. Yes you can. In fact, paying someone to buy and sell in the forex market for you is a becoming a popular thing to do and increasingly more so as folk, like yourself, discover them.
Can I trade forex for someone else?
If you don’t know the difference, you probably shouldn’t be investing nor trading, much less having someone else do it for you. In the US, it is illegal for anyone to solicit your funds for management unless they’re fully licensed by FINRA under one of their certifications for money managers and related fields.
Can you have someone trade for you?
On a social trading platform you can find lot of experienced traders, you just need to follow them, they will trade for you. But the most challenging part is to find out a good trader to follow. … Yes it is possible that someone can trade for you with you trading terminal login details.
Can I trade forex with $10?
Yes, you can start forex trading with just $10 and even less than that. Forex brokers have some minimum deposit requirements to open account with them. Some have little high like $500 or $1000, but there are some who need only $5 or $10 to open an account.
Can you trade Bitcoin On behalf?
When you trade bitcoin, you never interact directly with an exchange. Instead, you trade on our buy and sell prices, which we source from a number of exchanges on your behalf. In order to take a position on bitcoin’s price, then, all you need is an IG trading account.
Do you need a license to be a forex trader?
With a forex license one can legally offer forex trading, subject to your legal counsel’s advice. The forex license allows one to conduct business around the globe through the internet. One may also elect to open branches in multiple locations.
How can I legally invest in other people’s money?
The Short Answer:
You cannot trade securities for others without becoming licensed as an investment professional. Investment professionals must be registered with the Securities and Exchange Commission or have a federal license. There are few exceptions to this rule.
Do I need a license to manage money?
The only universal license requirement for a hedge fund manager is an ordinary business license. … Additionally, if a hedge fund manager is managing more than $30 million worth of investment assets, he is required to register as an investment advisor at the federal level per the Investment Advisers Act of 1940.
Can you pay someone to invest my money?
You don’t need to pay someone to manage your investments for you. In fact, you may be MUCH better off doing it on your own, and it doesn’t have to be hard or take a lot of time.
Can I buy shares for someone else?
It is entirely possible to buy shares as a gift, although there are some things to consider: you won’t be able to buy them as a surprise unless the recipient is a minor; dealing in paper certificates takes longer and costs more than going online; and shares themselves are a risky investment.
Can you start Forex with $5?
Don’t worry, because you only need 5 USD to trade that large amount in the Forex market with FBS. The general Trading Conditions of FBS’s Micro Account is as follows.
With 5 USD and 1:3000 leverage, you can trade up to 15,000 USD worth of trading positions.Trading PlatformMT4Minimum SpreadTrade from 3 pipsЕщё 17 строк
Is forex really worth?
A lot of people trying to profit from the Forex market fail to realize that there expectations and goals have a lot to do with their success. So, if they have realistic expectations and achievable goals, Forex can be very profitable and definitely “worth it”.14 мая 2019 г.
How much do forex traders make a day?
Even so, with a decent win rate and risk/reward ratio, a dedicated forex day trader with a decent strategy can make between 5% and 15% a month thanks to leverage. Also remember, you don’t need much capital to get started; $500 to $1,000 is usually enough.
What is the best time to trade bitcoin?
At present, around 4 pm UTC marks the most intense time of day for Bitcoin trading.
Which is better forex or Bitcoin?
Typically, the forex market is seen as more accessible than bitcoin because it can be traded directly through a broker and there is a higher number of market participants to take the other side of a trade. In contrast, bitcoin trading is less liquid and requires a wallet and exchange account.
Which is more profitable forex or Bitcoin?
The forex market can offer more built-in stability and liquidity in a trading space that has lasted decades, while the cryptocurrency market can be more of a “wild west” with a higher risk, high reward opportunities. Both can be good ways to earn money, but neither of them is necessarily more profitable than the other.