Jump to content
  • 1

How do I take my private trading and turn it into a business?


geoffo72

Question

Using the IG platform for number of years I've developed an investment method which outperforms the equity indices. 

I'd now like to transition from trading as an individual to trading as a career.  Where can I best identify the high level facts about what legal regulations are mandatory in the four scenarios listed below; these should include the structure required by the organisation, how funds can be introduced, compliance rules, what fees/commission/profit share we are permitted to charge and anything else relevant.

Scenarios:

1.My own capital

2.Funds from close friends and family

3.Capital introduced by ‘registered’ financial advisors, or institutions managing their clients’ wealth

4.Funds introduced from individuals completely unknown to the organisation, the general public.

I would ideally also like assessment of costs for set-up and running in each scenario.

Is there anyone who can provide me some initial advice with the potential of engagement to support developing my plan?

Link to comment

0 answers to this question

Recommended Posts

There have been no answers to this question yet

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Ever feel like you're stuck in crypto traffic? Slow transactions and outrageous fees are the bane of using blockchains like Ethereum at their core (Layer 1). These networks can only handle a limited number of transactions per second, causing major congestion during peak hours. The result? Frustratingly slow processing and expensive fees for users.   But wait, there's hope! Layer 3 rollups are here to revolutionize the game. Imagine them as express lanes built on top of existing bypass roads (Layer 2 solutions). Layer 2 already helps by alleviating some of the traffic on the main highway (Layer 1). Layer 3 rollups take it a step further, adding dedicated express lanes to these bypass roads for super-fast processing. This innovative approach tackles Layer 1's congestion by distributing the workload across multiple layers, ultimately leading to faster, cheaper, and more scalable blockchain applications.   While specific layer 3 implementations are still under development, some projects are paving the way. Immutable X (IMX token) built on StarkNet (a Layer 2 scaling solution) and dYdX (DYDX token), a decentralized exchange on StarkNet, are both exploring layer 3 rollups to achieve even smoother transactions. Keep an eye out for zkLink Nova, a major player in the scalability game. This cutting-edge technology leverages the strengths of existing solutions to deliver groundbreaking performance. Backed by leading crypto institutions with over $23 million invested in the zkLink ecosystem, zkLink Nova is generating serious buzz ahead of its ZKL token listing on Bitget. Get ready for a smoother ride on the crypto highway!
    • Well, I didn't mine $PIXFI but I was able to make good profit from Bitget Poolx. 
    • This partnership further shows Bitget continuous passion for massive crypto adoption 
×
×
  • Create New...
us