personal garantee

Discussion in 'Prop Firms' started by noisetrader78, Feb 17, 2011.

  1. Hi i am tring to open an accounto for trading in usa asn is asking in the contracts for personal garantee never i have seen this... is correct.. is a normal process in usa or never happen this.. some has this things in the contracts to sigh to open an account.. is correct this...

  2. Depends on exactly what the contract says and what exactly you are giving a personal guarantee for. Take legal advice if you don't understand the terms or the implications, but a Personal Guarantee usually means you are taking irrevocable personal financial liability for something.

    Don't expect reliable legal advice from a forum.