By iamcryptic · Posted
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.
The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.
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Question
geoffo72
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?
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