Can H1B Visa holder have income from forex proprietary trading firms?

Discussion in 'Forex' started by NVRK, Oct 16, 2022.

  1. NVRK

    NVRK

    Can H1B Visa holder have income from forex trading by trading a proprietary trading firm capital?

    I got a contract from FCFF (https://www.firstclassforexfunds.co/) which is prop trading firm located in Holmdel, New Jersey. This contract is about forex trading with prop firm capital, not with my own funds. If i get profit from forex trade, then profit will be split into 80:20 ratio (80% to me and 20% to prop firm) which is taxable. I am not responsible for losses. This prop firm pay the profits through deel (deel is like ADP payroll), located in SFO, California.,

    Can i sign the contract, if it won't impact to my H1b Visa status?
     
  2. zdreg

    zdreg

    You realize that you have to inform the Jersey firm of your H-1B status.