Trading someone else's account from India, please help | Forex Factory

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Trading someone else's account from India, please help

  • #1
  • First Post: Aug 25, 2018 10:30pm Aug 25, 2018 10:30pm
So i belong to India where forex trading is illegal and hence i teamed up with a filipino person and wanted to trade on his account but now i come to know about all these IP issues andntheir various terms and conditions about not using VPN and god knows what not.What can i do in this situation ???


I really want to trade forex because thats the fastest way i can earn money to receover my financial losses which had occured in my past.
  • #2
  • Aug 26, 2018 11:22am Aug 26, 2018 11:22am
can anyone please tell me how i should go about this problem ,,,,,,,,,,,,,find a legit way out to do trading on these accounts (i ve only traded on the bonus accounts so far and lost the bonuses ,but ive got some other bonuses.So basically its like a second chance with the broker and i dont want to lose it)
  • #3
  • Aug 27, 2018 12:44am Aug 27, 2018 12:44am
You can try to use social trading. You will follow a forex master account and start trading automatically.
  • #4
  • Aug 27, 2018 4:15am Aug 27, 2018 4:15am
I would strongly advise you against any illegal activities. Crime never pay.
  • #5
  • Aug 27, 2018 3:19pm Aug 27, 2018 3:19pm
Thanks for everyones help i came to know a few things today am im making sure im not doing any crime neither doing any unethical work too
  • #6
  • Aug 28, 2018 7:47pm Aug 28, 2018 7:47pm
Actually the thing is i hadnt known that it was illgeal for an Indian to forex but now that ive lost my money and also learnt via trials and errors i teamed up with a a filipino where in the account is under thier name and they deposit the moneyi give them via thier channels and i do the trading since i know trading and we then split profitinto 50-50.



Can anyone please suggest me any other way via which i can do this thing legally or much more ethically ???
  • #7
  • Aug 28, 2018 9:38pm Aug 28, 2018 9:38pm
you have to talk to lawyer and tax consultant no one here will be able to give you a proper answer
  • #8
  • Aug 28, 2018 9:46pm Aug 28, 2018 9:46pm
Quoting Upwave
you have to talk to lawyer and tax consultant no one here will be able to give you a proper answer
Wrong... there are plenty of lawyers tax expert forex expert and all kind of experts here but Caveat Emptor including the one who ask for 'help' ..

Hehe
  • #9
  • Aug 28, 2018 10:17pm Aug 28, 2018 10:17pm
Quoting genghistar
{quote} Wrong... there are plenty of lawyers tax expert forex expert and all kind of experts here but Caveat Emptor including the one who ask for 'help' .. Hehe
most of the posts on FF are rubbish garbage. if you act based on these anonymous public suggestions then you have lost it.
  • #10
  • Aug 28, 2018 10:21pm Aug 28, 2018 10:21pm
Quoting Upwave
{quote} most of the posts on FF are rubbish garbage. if you act based on these anonymous public suggestions then you have lost it.
Oh blimey... U do know what's sarcasm don't you? Yes most posts here are garages including mine and yours.. Lol
  • #11
  • Last Post: Aug 29, 2018 10:53am Aug 29, 2018 10:53am
Quoting Upwave
{quote} most of the posts on FF are rubbish garbage. if you act based on these anonymous public suggestions then you have lost it.
Agree with you; but I am really glad as a FF member; because I have learned a lot & there have so many good threads.
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