M money123 Member Messages 78 Likes 3 Jul 14, 2003 #1 when opening a company account with a cfd broker they ask you if cfd trading is your principal business. why do they ask this, and what do they want to hear?
when opening a company account with a cfd broker they ask you if cfd trading is your principal business. why do they ask this, and what do they want to hear?
L loftboy Newbie Messages 4 Likes 0 Jul 14, 2003 #2 Probably for Tax reasons. If trading is your main sort of income and it breaches thresholds you would have to declare it.
Probably for Tax reasons. If trading is your main sort of income and it breaches thresholds you would have to declare it.