What requirements of run on line stock/forex trading in USA? such like financial background or license needed?
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 easier be approved by foreign government if I don’t have financial background? which country(ies) someone knows that?
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.
March 8th, 2010 at 10:04 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)