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To trade in the Forex Market professionally do you need to be registered with the NFA?

lupita asked:


I have different sources tell me yes and no. I know a lot of new bylaws have been passed to govern the Forex market and the people who trade in it. But for the ordinary person that trades for forex for friends and family do you need to be registered? Are IB and Money Managers the same thing?

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Tags: Bylaws, Forex Trade, Trades

This entry was posted on Friday, February 5th, 2010 at 12:32 am and is filed under Other - Politics & Government. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “To trade in the Forex Market professionally do you need to be registered with the NFA?”

1. rubye says:

   February 6, 2010 at 11:28 pm

   Website content

   Hi,

   Different countries have different laws.

   Generally speaking, if you’re just trading for your friends and relatives, you probably don’t need to be registered.

   However, if you’re looking to trade professionally (on behalf with clients), then it’s a more complicated matter.

   If you are looking for the best forex software, visit this site

   This software is the best software that can help increase your trading profit and user friendly.

   Best Wishes,
2. Lawrence says:

   February 8, 2010 at 9:49 am

   Kansieo.com

   No. When you mean trade professionally, do you mean trade as a full time job? If you trade for yourself, you do not need a license.
3. Thamotharan says:

   February 10, 2010 at 11:14 pm

   forex

   Before you go for it, trade forex tester trading – demo software. Its free.
4. Ilias says:

   February 17, 2010 at 11:09 pm

   Hola, De dуnde eres? їEs un secreto?

   Ilias