Hello,
I am needing information regarding to starting a Forex Trading Business. I have read many blogs about it and the only thing that I found was to trade as a Trader and not as an Inverstor for Tax Benefits. Also to run it as an LLC for those perks as well. The questions that I have, is it better to open a Forex account as an LLC or can you trade on an Individual account and still claim to work under your LLC? If anyone is Trading as an LLC and would be able to help me with my questions, it would be greatly appreciated!
Thanks and many pips to you!
Ian G.
I am needing information regarding to starting a Forex Trading Business. I have read many blogs about it and the only thing that I found was to trade as a Trader and not as an Inverstor for Tax Benefits. Also to run it as an LLC for those perks as well. The questions that I have, is it better to open a Forex account as an LLC or can you trade on an Individual account and still claim to work under your LLC? If anyone is Trading as an LLC and would be able to help me with my questions, it would be greatly appreciated!
Thanks and many pips to you!
Ian G.