answersLogoWhite

0


Best Answer

Yes, in the US, you need to be registered with the NFA, CFTC, or SEC if you handle other people's money, but not necessarily if you are trading for yourself. If you are trading for others, you may need a license based on your country.s rules about being an adviser.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do you need a license for forex trading?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Can a person do forex trading from home alone?

Yes Can, Forex trading is online business, you just need stable internet connection.


What exactly is Forex trading?

Forex trading means foreign exchange. One will find that Forex trading has some risks involved. One will need a broker for this as one may earn (and sometimes lose) money.


What are the benefits of the Forex Trading System?

Forex Trading System has many benefits. The first one is that you can trade at any time of the day or night. This means that it is available 24 hours/day. Also, Forex Trading is easy to start. So if you are new to the market of trading, you wont be struggling as much as other trading systems. Forex Trading has all of the information you need in one place.


Where can one learn about Forex trading in the UK?

You can learn all you need about Forex trading in the UK at the website of Alpari. You can have your choice of accounts from instant to non-dealing desks at Alpari. Keep informed with high speed Forex execution.


How can you learn Forex trading?

In order to learn forex trading you will need to do a few things:Learn the forex basics and gain understanding in the market.Learn about forex trading strategies and find the ones that suits your nature of trading.Find a good forex broker that offers a free demo account.Use the demo account to practice the strategies.Invest money only when you feel confident with your strategy and trading skills.Start with a small amount, learn from your mistakes and only then invest some more.

Related questions

Can a person do forex trading from home alone?

Yes Can, Forex trading is online business, you just need stable internet connection.


What exactly is Forex trading?

Forex trading means foreign exchange. One will find that Forex trading has some risks involved. One will need a broker for this as one may earn (and sometimes lose) money.


Do I need to worry about scams when trading commodities forex?

Yes, you need to worry about scams when trading commodities forex. Forexfraud.com is a great resource to learn about what scams and fraudulent activities are out there that you should watch out for.


What is the managed forex?

"The Managed Forex has to do with trading.


What companies produce Forex trading guides?

The companies that produce Forex trading guides are Oanda, FXCM, and Investopedia. Forex trading guides help an individual with beginner trading strategies.


What are the benefits of the Forex Trading System?

Forex Trading System has many benefits. The first one is that you can trade at any time of the day or night. This means that it is available 24 hours/day. Also, Forex Trading is easy to start. So if you are new to the market of trading, you wont be struggling as much as other trading systems. Forex Trading has all of the information you need in one place.


Where can one learn about Forex trading in the UK?

You can learn all you need about Forex trading in the UK at the website of Alpari. You can have your choice of accounts from instant to non-dealing desks at Alpari. Keep informed with high speed Forex execution.


Where can I get more information about online forex trading?

The website you can go to is iforex.com. It tells you how you can do online forex trading and what tools you will need for it. It's a very good site and i suggest you go to that one.


Where can a person find the latest Forex trading news online?

The latest Forex trading news can be found online from many specialized sources. One example is Forex-Experts, which provides regular updates on Forex trading.


When Forex start?

In my opinion, practice trading is the best way to learn about forex and trading. So i've put together 5 places where you can practice trade forex completely free. You don't need to spend any money to use these platforms.


What is one Forex trading company?

One Forex Trading company is a company that offers world wide trading. It offers online trading and mobile trading. Forex also offers many charting packages.


When did ACM begin trading in Forex?

ACM began trading in Forex, or foreign exchange, in 2004. Forex is trading currencies from different foreign countries against each other. There are many benefits to Forex trading, such as the 24 hour market and low transaction costs.