My friend had done about 7 courses on trading from different mentors in the world , in last year.
and hehas been trading for a while …
Many people ask him for tips, but he wants to be certified and do it legally
to start giving stock tips,
help other balance their portfolios , etc
give long term and short term tips
1.What is the legal certifications needed ?
2.What are the different types of certification avalable ??
3.who gives these certifications ??
4.He was actually a software engiineer education background . What can he doto get certification??
@gowtham4 and @Akash_Shah I have another question …
1 Can i execute trades for m y aunties and uncles …?
they want to invest …
They are ready to give me the password to their accounts and they are telling me to handle their Kite account …Is it legal for me to do so ??
They are willfully ready to pay me a small amount to handle their accounts too
They are my close relatives .(mom’s brothers and sisters )
2 Is there any law that i could break if i execute trades for them and take a small pay to mantain their accounts …
I won’t go into legality as other people have rightly pointed it out.
Only to add, I would seriously advice against managing your relatives money and using them to trade. While you may be an excellent trader, a time will come when you will loose money on trades (not if, but when), and if it is substantial loss, that will sour the relationship too. And along with financial toll, that will add emotional toll on you.
Better advise them to use a professional money manager, who can understand their risk profile and provide investment advises accordingly.