July 11, 2011

What requirements of run on line stock/forex trading in USA? such like financial background or license needed?

By Planet Wealth

I saw a lot of business on line by auto trade system, everyone can do the same?
as you said NFA may terminated, Will it be more simpler be approved by foreign government if I don’t have financial background? which country(ies) someone knows that?

Topics: trading tips | 1 Comment »

One Response to “What requirements of run on line stock/forex trading in USA? such like financial background or license needed?”

  1. Net Advisor™ Says:
    July 11th, 2011 at 3:08 am

    In order to run/operate as a Forex dealer whether on-line or off-line, one is required to register with the industry regulator, the National Futures Association (NFA).

    How to register w/ NFA
    http://www.nfa.futures.org/NFA-registration/index.html

    Annual NFA registration and regulator fees, membership and dues
    http://www.nfa.futures.org/NFA-registration/NFA-membership-and-dues.HTML

    Contact/ questions for NFA
    http://www.nfa.futures.org/NFA-about-nfa/contact-us.html

    Not just anyone can do this. If you have no experience in being a prior or current registered principle in this area, or have significant experience, or meet capital requirements, it will be extremely challenging to register w/ the NFA.

    One is advised to seek legal council with expertise in this area through this entire process and ongoing compliance.

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