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Mirror Account Mandate This is a mirror trading account, the funds are not managed. You the client are choosing to follow (mirror) a professional trader. The account and the funds remain in your name.

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How to fill out family and friends account

01

To fill out a family and friends account, follow these steps:

02

Log in to the account using the provided credentials.

03

Navigate to the 'Family and Friends' section in the account menu.

04

Click on the 'Add New' button to create a new family or friend account.

05

Fill out the required information for the new account, such as name, relationship, contact details, etc.

06

Optionally, you may be asked to verify the new account by providing additional information or confirming through an email or SMS verification process.

07

Once all the information is filled out and verified, click on the 'Save' or 'Submit' button to finalize the creation of the family or friend account.

08

Repeat steps 3 to 6 for any additional family or friend accounts you want to add.

09

You can also edit or remove existing family or friend accounts by selecting the respective option in the 'Family and Friends' section.

Who needs family and friends account?

01

A family and friends account is useful for individuals who want to manage and track the financial activities of their family members or close friends.

02

It can be beneficial for:

03

- Parents who want to monitor their children's expenses and teach them financial responsibility.

04

- Guardians or caretakers who handle the financial matters of elderly or dependent family members.

05

- Close friends or partners who share expenses and want to keep track of their joint finances.

06

- Individuals who want to organize and manage the financial aspects of group activities or events, such as vacations or parties.

07

Having a family and friends account provides transparency, accountability, and easier financial management for all parties involved.

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What is family and friends account?

A family and friends account is a financial account that allows individuals to manage funds collectively with family and friends, often used for shared expenses or savings goals.

Who is required to file family and friends account?

Typically, individuals involved in a joint financial arrangement or partnership with family and friends are required to file a family and friends account.

How to fill out family and friends account?

To fill out a family and friends account, gather all relevant financial information, including contributions and expenses, and complete the specified account form accurately with the required details.

What is the purpose of family and friends account?

The purpose of a family and friends account is to provide a transparent and organized way for groups to manage shared finances, ensuring everyone is informed about contributions and expenditures.

What information must be reported on family and friends account?

Information that must be reported includes the names of account holders, contributions made, expenses incurred, and any withdrawals or distributions.

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