There are two previous threads on this but they were back in 2006-2007 with just a taste of information. I would like to start another thread for up and coming account managers. Any POSITIVE input is greatly appreciated.
I have some potential clients, and have some winning strategies. (Don't ask for results, backtests, etc.) I do know that at some point a series 3 license will be needed, but not necessary to start. I am also aware of the requirements of the NFA. The purpose of this thread is not to prove my credibility as a trader, but to find info on :
1. Which brokers offer the most comprehensive packages. (ECN"S are better I know, but who are you using and why?) hotspotfx, InteractiveBrokers, etc. 2. PAMM vs LAMM
3. Types and amounts of returns promised to clients. (contractual set ups)
4. Other legal info that required... besides a good tax person and accountant.
I have some potential clients, and have some winning strategies. (Don't ask for results, backtests, etc.) I do know that at some point a series 3 license will be needed, but not necessary to start. I am also aware of the requirements of the NFA. The purpose of this thread is not to prove my credibility as a trader, but to find info on :
1. Which brokers offer the most comprehensive packages. (ECN"S are better I know, but who are you using and why?) hotspotfx, InteractiveBrokers, etc. 2. PAMM vs LAMM
3. Types and amounts of returns promised to clients. (contractual set ups)
4. Other legal info that required... besides a good tax person and accountant.