3 comments to “Why when signing up for a Forex account?”

1. Investor Premium wrote:
   19. July 2009 at 11:21 pm :

   If+you+are+serious+to+invest+and+have+no+intention+to+lose+your+money%2C+you+can+google+for+HSFX+Asset+Management+and+start+making+consistent+profits%21

2. Jack P wrote:
   23. July 2009 at 6:53 am :

   Its+for+yours+and+their+security%2C+so+they+know+you+are+who+you+claim+to+be.+Otherwise+you+could+launder+money+easily.

3. Robert C wrote:
   26. July 2009 at 3:42 pm :

   they+ask+for+your+passport+%28or+in+other+cases%2C+a+valid+social+security+number%29+for+a+few+reasons.++For+one+this+can+help+to+prevent+money+laundering+%28one+person+%22depositing+funds%22+in+an+account+that+lives+in+the+u.s.+and+another+person%2C+say+from+columbia+or+mexico+%22withdrawing+funds%22+only+to+be+using+that+as+a+means+of+transferring+payment+for+a+marijuana+or+coccaine+deal+or+something+like+that.%0A%0AAlso+another+reason+%28at+least+in+the+U.S.%29+is+that+any+gains+received+is+technically+considered+INCOME+and+with+any+income+you+receive+you+have+to+pay+taxes+on.++This+is+reported+to+the+IRS.++This+works+both+ways+though.++If+you+do+bad+an+have+a+loss+like+i+did+my+first+year+%28i+started+trading+in+mid+december+before+i+knew+what+i+was+doing+and+lost+%24320%29+you+there+fore+can+report+that+as+a+loss%2C+and+get+it+subtracted+when+figuring+your+Federally+adjusted+gross+income.%0A%0AIf+you+start+doing+really+well+you+need+to+keep+this+in+consideration.++So+I+for+instance%2C+at+the+end+of+each+month+any+gains+i+made+for+that+month+i+transfer+35%25+of+my+monthly+gains+to+a+separate+account.++%28your+percentage+may+vary+or+may+need+to+use+a+tax+table+if+your+income+is+below+%24100k%2Fyr%29++++This+way+when+it+is+time+to+pay+taxes%2C+your+money+is+right+there%2C+and+if+you+put+it+in+a+CD+or+something+you+can+even+earn+a+little+interest+in+the+mean+time+before+it+is+time+to+turn+it+over+in+april.%0A%0Ahope+this+helps%0A%0A%22PIPS%22%0A%0AHope+this+helps