answersLogoWhite

0


Best Answer

This would depend on the country you are in. Usually a license with the central bank, or monetary authority is required.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you become a Authorized Forex Dealer?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

How can i trade forex legitimately online?

Legitimate online Forex brokers are authorized and regulated. you should check that the broker is regulated and authorized for Forex trading in your country.The leading Forex regulation bodies are: FSA, NFA and CFTC


Can you become a millionaire from Forex trading?

Yes, you could become a millionaire from Forex trading, a lot of people have, but they had 50k to 100k to start with. If you are going to get a Forex account, look for an ECN broker (good) and learn what a market maker is (bad).


Is Forex is a permanent business?

If you know how to trade and if you can consistently make profits then forex can become a permanent business. There are many traders who offer managed accounts and their only business is trading forex.


Can you become a billionairefrom forex trading?

The answer is yes, but not every trade will become rich from trading the Forex. The FX market provides us with the opportunity to use leverage what can increase a trader's return on investment substantially. However, most traders are unable to understand the risks and rewards of using leverage and many end up getting burned. There are a couple of famous investors who have made billions with the Forex. Including, George Soros, Bill Gates, and Warren Bugget Personally, I have only met 2-3 Forex traders who have become rich from the Forex market. Nevertheless, you can still become a billionaire if you know hat you are doing and are consistent. The forex market (or any speculative financial market) is the only way in my opinion that one person can become wealthy in a short amount of time. A traditional business takes much longer to accumulate wealth.


How do people become Forex trading brokers?

Forex trading brokers facilitate the purchase and sale of the currencies of countries around the world. The training necessary to become a Forex broker begins with an education in business, focusing on such courses as economics and finance. With a solid educational foundation, a prospective Forex trader seek licensing. An examination is offered by the Financial Industry Regulatory Authority. Successful results from this exam will qualify an individual for registration with the National Futures Association.

Related questions

How can i trade forex legitimately online?

Legitimate online Forex brokers are authorized and regulated. you should check that the broker is regulated and authorized for Forex trading in your country.The leading Forex regulation bodies are: FSA, NFA and CFTC


How can you get the inpower software?

become an authorized Onan dealer, Attend factory certified training through a Cummins distributor


Where is an Authorized Panasonic dealer near ellicott city Maryland?

Type yoWhere is an Authorized Panasonic dealer in maryland


Is Walmart a authorized Casio dealer?

no


Authorised dealer of sanyo chillers in Pakistan?

mecatec is authorized dealer in pakistan


Can you become a millionaire from Forex trading?

Yes, you could become a millionaire from Forex trading, a lot of people have, but they had 50k to 100k to start with. If you are going to get a Forex account, look for an ECN broker (good) and learn what a market maker is (bad).


How do you run a Motorcycle motor number check?

To run a motorcycle motor number check you should take it to an authorized dealer. An authorized dealer will help you run the motor number check.


How do you become a citizens watch dealer?

First the illegal immigrant should apply for a Visa to become a citizen. Then they should start looking for work to save money. You should apply for your business resellers permit and then contact a watch company on how to be an authorized dealer. THEN you can sell any watch to the citizen...


Is Forex is a permanent business?

If you know how to trade and if you can consistently make profits then forex can become a permanent business. There are many traders who offer managed accounts and their only business is trading forex.


How can I find a dependable dealer to order a hydro boost for a Cadillac?

I suggest you look on Cadillac's website for an authorized dealer.


Where can you get a bearcat bc145xl repaired?

bring it to your local authorized bearcat dealer


Where can someone purchase an injection pump?

An injection pump can be purchased at any automobile parts store. Additionally, these parts can be purchased from an authorized dealer of that particular manufacturer. Contact your manufacturer to find an authorized dealer.