Tips and Guides » Forex » Do I need a license to trade forex for others using my software hosted outside Singapore? ?
Do I need a license to trade forex for others using my software hosted outside Singapore? ?
Question by : Do I need a license to trade forex for others using my software hosted outside Singapore? ?
I am planning to run an automated forex trading platform hosted on a server outside Singapore. Client’s trading platform will be hosted on the server and trades will be executed on their behalf. Do I need a license and how do I obtain the license?
Best answer:
Answer by hope
If you are trading for others, you may need a license based on your countries rules about being an advisor sort of speak. You may want to contact some of your local officals You should be okay if the funds remain in your account. If you are looking for the best forex software, visit this site
http://the-best-forex-software-in-internet.blogspot.com/
This software is the best software that can help increase your trading profit and user friendly.
Best Wishes,
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Filed under: Forex · Tags: FOREX, hosted, license, Need, others, outside, Singapore, software, Trade, using
Legally yes, you need a license. All business need a license to operate.
Yes you need to. This is because you trade for others.