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Oanda's manager's account ? Oanda's manager's account ?
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Old 07-04-2009, 01:49 AM
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Default Oanda's manager's account ?
Im going to trade for a few people (relative) and I like that Oanda offers a feature where you can trade for others and they can pull out their money whenever they want. Has someone used this feature ? any feedback ?

However I don't have a broker's license, and I don't know if Oana requires a broker's license or not.
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Old 07-04-2009, 02:06 AM
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Location: Minneapolis, MN
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just go on Oanda's live help and ask. I'm sure they'll know for sure.
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Old 07-04-2009, 02:31 AM
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No. You aren't a broker. You're playing the role of a money manager. People will own their own accounts. However, they have to sign a contract allowing you the legal right to open and close positions within their account.
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Old 07-28-2009, 02:03 PM
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you don't need a broker license
i'm a money manager too
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