DislikedApparently your in Nigeria and as Xaron is in Germany I doubt he can help you with your Tax queries.
For compliance reasons they need to ask if you are registered with th FSA or in a role that could cause conflicts of interest ie banking. Theres quite a few laws here in the UK and I did the training on them when I worked for JP Morgan but really can't remember much, google is king.
(4)What about the issue of classing your profit as income or capital gain?
Only applies if you reside in the UK. You need to research your countries own tax laws.
Pls what is the issue of being class as expert/experienced trader?
Alpari will not open an account unless you tick the expert box, again something to do with the FSA. If I remember rightly it meant if you were classed as expert Alpari did not need to segregate funds (Could be wrong)
(2)What is HMRC?
Her majesty's revenue and customsIgnored