Capital Available for Traders

[rtiger29]

Quote from rwk:

I see that both RAPA and Gleneagle are Australian entities. I expect that traders working with RAPA are subject to Australian regulation. But like most ETers, I am located in the USA, and I am also subject to USA regulation regardless of where my clients are located. Does RAPA provide any assistance with USA regulation? For example, USA traders who are not registered may not advertise, and making a trader's performance public could be considered a form of advertising.

Good question, i would like to know this as well.

 

[Jack_Larkin]

Does RAPA have plans to open up to other platforms/brokers outside of Interactive Brokers?

 

[marketsurfer]

Man, this has gone weird-- be doubly cautious of "off shore" social media hedge fund combos.

 

[Peternam]

Quote from marketsurfer:

Man, this has gone weird-- be doubly cautious of "off shore" social media hedge fund combos.

Why ?

There are not asking for any money ....

 

[mickson]

Quote from calmeurotrader:

Why do you require full access to the IB Account Administration(AA) instead of just Report Management (RM) ?

All we need is the ability to run the Flex Query report if this can be done with Report Management instead of Account Administration then that is all we need.

I may have made a mistake in the way you need to provide report access, I will check this out with IB support.

 

[mickson]

Quote from rwk:

I see that both RAPA and Gleneagle are Australian entities. I expect that traders working with RAPA are subject to Australian regulation. But like most ETers, I am located in the USA, and I am also subject to USA regulation regardless of where my clients are located. Does RAPA provide any assistance with USA regulation? For example, USA traders who are not registered may not advertise, and making a trader's performance public could be considered a form of advertising.

I will revert with a formal answer soon. We should have in place the ability to only present your username shortly.

 

[mickson]

Quote from Jack_Larkin:

Does RAPA have plans to open up to other platforms/brokers outside of Interactive Brokers?

Yes Jack, we plan on having an Meta Trader 4 connection next, and based on demand for other brokerages we are interested to hear what the community would like.

The main thing that attracted us to IB is that the account reporting was tamper proof so we can rely on the reports generated from IB.

 

[mickson]

Quote from marketsurfer:

Man, this has gone weird-- be doubly cautious of "off shore" social media hedge fund combos.

Weird?

Please explain what you mean.

 

[badvestor]

non aussie accounts subjected to tax with holdings?

 

[rwk]

Quote from mickson:
To qualify for a RAPA Score™ which is required for a ranking you need to have at least three months of trading in the account.

Can RAPA download trading history, or do you only collect history going forward? If you can download history, how far back?