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To be engaged in business as a trader in securities, you must meet all the following conditions: You must seek to profit from daily market movements in the prices of securities and not from dividends, interest, or capital appreciation. Your activity must be substantial.
TO SUMMARIZE when talking to anyone about Forex, Trading or Finance it is important to Fact Check them.
1
Ask to see verified results (Don't accept screenshots, look at their myfxbooks).
2
Look at the lot sizes they are trading, are they realistic? (Under 1.00).
3
Look at their deposit (Is there a method listed ex.
248.549.4200