Is it possible to trade on someone else’s account?
Is it possible to trade on a separate device on someone else’s account? Has anyone done this type of shit?
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Not permitted. Neither from AML nor from compliance pov.
a few of my colleagues sign up under their gfs name and we can only shake our heads. a) the time involved to be good at "day trading" makes the whole endeavor a futile effort 2) still not permitted 3) what about AML, users are supposed to use the account under their own name 4) tax complications, maybe?
Paper trading it is then
Not permitted. Neither from AML nor from compliance pov.
a few of my colleagues sign up under their gfs name and we can only shake our heads. a) the time involved to be good at "day trading" makes the whole endeavor a futile effort 2) still not permitted 3) what about AML, users are supposed to use the account under their own name 4) tax complications, maybe? 5) and what if the other person disappears with the money? tricky situation.
edit: I replied ONCE, why did this show up another time? that was an edit, not another reply.
Why is this not permitted? What if you are sending your money for someone else to manage (maybe a friend or sibling or whoever)? Don't people do this all the time. People in congress also say that they have someone else managing their money when asked.
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