Fake pnl of live trading: Finfluencers scam

[nithin]

@Aman_Julka

Dear nitin if you can also please clear if trading in F&O can be done using corporate structure or not. Many good traders i know are trading in F&O using pvt ltd. Whether any nbfc license or any other license is required for trading in F&o through corporate structure.

You will need NBFC license if more than 50% of a company’s income is financial.

Check this.

Trading F&O via LLC or Pvt Ltd

Hmm… we have discussed earlier in the thread that if you setup a company only with the purpose of trading, you will end up needing to take an NBFC license. A company or limited liability partnership (LLP) is created with those wanting their money to be managed being shareholders or partners. Their pooled funds are then used as trading capital. There are a couple of issues with this. Firstly, an LLP with the objective of investing or trading is not allowed, so people use an alternate objecti…