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Hi yes, my broker requests one of two thing:
In your opinion, which one of these is easier to obtain, and how would I go about getting one?
OK that makes sense. I am a currency trader, trading the forex market online. I have been trading for over 5 years. I already have people copying my trades through signalstart.com, however I want to open a money manager account through my broker icmarkets.com so then I can take on new clients with larger amounts to invest, as a result of any profit I make my clients I will take 30% of any new profit made and the investors keep 70%. This is the reason I need the licence but up until now I haven't needed one.
No, I think I have enough to be going on with for now. I will pursue the FCA authorization process and see how it goes. Thanks very much