Posted by sschulman on 1st of Apr 2018 at 01:29 pm
Friend of mine runs a small publishing corporation. Few yrs ago
she tried to open a trading account at TDWaterhouse in the name of
her company. You wouldn't BELIEVE the extra paperwork. I don't
think the brokerage firm would allow you to not be responsible for
your trading losses no matter whether you're a sole proprietor or a
corporation. Taxation pros and cons are a different issue and
you could look that up -- I'm in Canada so can't say.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Friend of mine runs a
Full time day trader in California. Has anyone set up ...
Posted by sschulman on 1st of Apr 2018 at 01:29 pm
Friend of mine runs a small publishing corporation. Few yrs ago she tried to open a trading account at TDWaterhouse in the name of her company. You wouldn't BELIEVE the extra paperwork. I don't think the brokerage firm would allow you to not be responsible for your trading losses no matter whether you're a sole proprietor or a corporation. Taxation pros and cons are a different issue and you could look that up -- I'm in Canada so can't say.