DO I NEED A LICENSE TO TRADE FOREX FOR OTHERS USING MY SOFTWARE HOSTED OUTSIDE SINGAPORE? ?

I am formulation to run an programmed forex trade height hosted on a server outward Singapore. Client’s trade height will be hosted on the server and trades will be executed on their behalf. Do I need a permit and how do I acquire the license?

No related posts.

Tags: Forex, Hosted, License, Need, Others, Outside, Singapore, Software, Trade, Using

This entry was posted on Monday, November 23rd, 2009 at 7:44 pm and is filed under Stock Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “DO I NEED A LICENSE TO TRADE FOREX FOR OTHERS USING MY SOFTWARE HOSTED OUTSIDE SINGAPORE? ?”

  1. hope Says:
    November 23rd, 2009 at 8:02 pm

    Yes you need to. This is because you trade for others.

  2. mellie Says:
    November 23rd, 2009 at 8:33 pm

    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,

  3. Lawrence Says:
    November 23rd, 2009 at 8:54 pm

    Legally yes, you need a license. All business need a license to operate.

Leave a Reply