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The regulation comes from USA regulators. If your transaction are on the exchanges they regulate, you are bound to these rules. It does not matter where the order is sent from.

A broker dealer may only sponsor you or register you with that firm if they feel you will be active. If under a their FINRA exam, they see a registered person that does not work for the firm, it can be a big issue. Eg. You are hired to be a sales person but have added no accounts, have no email...

I believe it's called a wash trade. Done at the same firm, a self-trade. See attached.

It is not legal to trade with yourself on purpose. Why would you want to do this anyway? What is the benefit.

You don't need $1mm. We introduce to Apex Clearing and their minimum account size is $250,000 for portfolio margin. Our minimum is a little higher. However, if you need the offsets like you described, PM does not offer that. PM offer a max of 15% margin for equities and a little better for...

garachen, Prop accounts are not customer accounts. Even though your money might be up as first loss, you're trading in the account for the firm not your own account so those finance charges are internal Charges are not external. The firm is using their capital and their relationships to...

I have a few thoughts here. Your futures prop firm does not determine margin for day trading or overnight positions, Their FCM does. They are allowing you to use capital either they put up or other traders like you did, that they are not using. The same will be true for an equity prop firm. In...

Almost every FCM offers T4.

This is why I suggested the Bermuda Business Development Agency. They can coordinate the procedure with professionals in their country that have done this many times. They are not the least expensive option, but they are very business friendly. Bob

You need to get a job with a broker dealer that is willing to sponsor you.

I can't stress how important it is to do this right. I talk to people that ignore the rules and hope they don't get caught. One person told me that Interactive Brokers let's them do it so it must be legal. It is you responsibility to know what to do. If you get one investor that files a...

For managed futures accounts, you need to qualify under the exemptions provided by the NFA. https://www.nfa.futures.org/NFA-compliance/NFA-commodity-trading-advisors/cta-exemptions.HTML For securities accounts, you need to refer to the securities department of your state. Each state has...

I have been very consistent with my believe that your should not trade for a living under capitalized. Starting with $20,000 is just too low to quit your job. Also, the rate you are paying, 26%, provides a very high hurdle to make money as most trader don't average 26% per year. Good luck, but...

May I ask where you live?

I assume he wants to start a fund for offshore investors. He does not need to move.

Your laptop might be slowing down because of the internal video card or not enough RAM.

I agree. For most traders an i5 Quad core with 16 GB of ram is plenty. SSD drive is a good idea. The video card needs to match your set up.

If you are building this yourself: "Cooling device not included - Processor Only" You need to order one and get the thermal paste.

For Bermuda, I can send you a PM with the contact information for the Business Development Manager at the Bermuda Business Development Agency (BDA). He can introduce you to the right people that do business down there. Is that what you want?

I upgraded 5 computers and got lazy on the 6th. Did not check to make sure WIN 10 was compatible. I have a Dell T5400 that is not. The DVD and USB ports don't work right. Updated no longer load. Can't connect my iPhone. I should have checked with Dell 1st. On their website, it says that the...