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| Personal Finance and Forex Share tips of the trade or ask questions regarding the best way to manage your personal accounts and savings. Where should you have your funds allocated in terms of liquidity, dollar leverage (against inflation) and retirement planning. |
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Forex Trading?
Is it possible to hire my own team of Forex Traders and Brokers to produce returns for my company. They will own a stake in the company such as profit sharing. Is this possible and legal. Also what kind of monthly returns are possible with Forex Trading. 10, 12, 15%???
Thanks
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I don't think there's anything wrong with that since these people are going to work for your company and are trading your account. To be sure, you need to consult with your financial advisor on the technicalities of your undertaking. Also visit the NFA and CFTC websites for more information.
As for monthly returns, it all depends on how seasoned your traders are. Good traders can average net 1.8% each month. Hope this helps. - Jim http://jsforex.blogspot.com
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