Not just anyone can do Forex trading. 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.
May 5th, 2010 at 6:21 pm
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.
References :
— Finance & Risk Management Consultant
— 20 years in the markets (add me to view post history)