Financial Terms / FSA Regulation Assistance

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Experience Level: Intermediate
Hi all,

Wasn't sure what category to put this in so if there's any problems please let me know.

I am a Forex trader and I am setting up a service that will allow me to post trades I make online each day for my monthly paying members to see. I am aware that there may be FSA regulations covering this and I am looking for someone to advise what these may be and provide details of what forms I need to fill in and the costs involved. I am not operating as a Limited Company/LLP etc and I will be providing the service through my website which is currently being designed. I will not be investing any money on behalf of clients or anything like that, nor will I be processing any payments. The only service I will be offering is the uploading of my trades each day for members to follow should they wish.

The FSA website is very confusing and I emailed them but they aim to reply within 12 working days and I need to find out quicker than that. I'm ideally looking for someone with experience in FSA compliance or in dealing with these kinds of regulations but anyone that can help with this situation will be fine!

Anybody familiar with the different financial terms should be able to figure out which forms I need to fill in. I have attached the following link to help:

http://www.fsa.gov.uk/pages/Doing/Do/index.shtml

I have put a relatively small budget as I am hoping to spend about £50 max. I am not asking the chosen individual to fill in the forms or provide any further, just to navigate the FSA website and identify which form(s) I need to fill in.

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