who to use?

Discussion in 'Retail Brokers' started by DagoTradin', Sep 26, 2003.

  1. ok here's the deal...

    I have a buddy that wants to open up an account for me to trade/invest with under a 3rd partys name.The 3rd party we have in mind has a SS# and addresse in the UK, the funds will be transfered from an offshore account to open the new one up but I have no idea what so ever on whom to use as a broker and how it will work for myself trading from California, tax laws etc...
    SHould we open the account up in the caymans or somewhere offshore or in the UK? by the way im looking at trading US stocks.

    Any info at ALL would be much help!!!