UK Trader License

[lamode]

Hi there, i was trying to find what company allow us to register as a trader in the UK but i don't get any useful information so far, so i would like know if anyone can tell me what company or website does it and what is the general qualifacation for it.

Thanks in advance.

 

[rog1111]

I'm not quite sure what you are going to be doing exactly, if you are just going to trade your own account then you won't usually need to do anything. If you plan to trade other people's money then you will probably need to be regulated by the FSA, which is normally done on your behalf by your company :

http://www.fsa.gov.uk/Pages/doing/index.shtml

For FSA approval, they may want to see some certification, try here :

http://www.sii.org.uk

Good luck !
rog1111

 

[lamode]

Just out of interest.

I was thinking to manage funds for people around me in a few months or even years time, but it is too soon to say when. For now, i want to head to the right direction first

 

[rog1111]

I suggest that you form a so called investment club until you have built a decent track record with a large account, you'll need legal advice if in the UK

rog1111

Just out of interest.

I was thinking to manage funds for people around me in a few months or even years time, but it is too soon to say when. For now, i want to head to the right direction first