Forex Signal

Do I need to be regulated (by FSA in UK) to provide Forex signal trading services or can disclaimers help?

Disclaimers like 1. We’re not financial advisors 2. Consult your financial advisor before trading 3. We only provide analysis, trade at your own risk
would solve the purpose?

Good afternoon Aura,
I would definitely recommend speaking with the FSA about whether the information you are providing requires regulation. I should also point out that regulation and disclaimers should not be mutually exclusive; indeed, it is advisable that you look to employ both if you are considering offering any service that could be interpreted as a recommendation to buy or sell a given financial asset. The FSA are usually pretty responsive to emails, so it may well be worth sending them a note to get their thoughts on your proposed service offering.

I hope this helps.

Yours sincerely,

Christopher Kelly

Forex Signal

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