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To become a future broker one needs to pass the three series examination. The first part exists of questions that have to do with basic knowledge and the second part will cover rules and regulations. Next you need to fill out the 8-R form with the NFA.

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12y ago

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Related Questions

How do you get leverage trading futures?

Contact your broker.


Where can one find more information on Dija futures?

Dija futures is a type of trading stocks. To trade Dija you need an account with a registered commodity futures broker who can provide training on how to use the system.


How do I become a futures broker?

You first need to get an appointment with a brokerage company who can sponsor your training and licensing. Many companies will provide free training.


What does a futures trading broker do?

A futures trading broker has the responsibility of offering direct to pit trades that take place online. They offer updates, commodity trading and information on the options at hand.


What kind of qualifications are necessary in order to become a commodity trading broker?

In order to become a commodity trading broker, one must pass the FINRA (Financial Industry Regulatory Authority) Exam, and registered with the NFA (National Futures Association), pass the series 3 exam and submit the disclosure document to the NFA.


Where can someone find a futures commodity broker?

There are many options online to find someone to provide these services. When searching for a futures commodity broker weigh in facts such as experience, and overall success of previous trades.


What is one of the best futures brokers?

You can find a futures broker through any large brokerage company. Fidelity, Hartford, and Merrill Lynch all have great brokers who can give great advice.


How do you purchase a futures contract?

You purchase a futures contract by first opening a futures trading account, which is a margin account, with a futures broker. Once that is done, simply choose the specific futures contract you wish to buy and then pay its "Initial Margin", which is a deposit needed to start a futures trade.


Where can one find a trade broker?

There are many ways that one might find a trade broker. A search in your local yellow pages should point you in the direction of one or more. Another option would be to contact the National Futures Association.


What are the vix futures margin requirements?

The margin requirements for VIX futures vary depending on the broker and the specific contract being traded. Generally, traders are required to maintain a certain amount of funds in their account to cover potential losses. It is important to check with your broker for the specific margin requirements before trading VIX futures.


Where could one find information about an online future broker?

Broker Future Online and Express Future are both places that not only offer information but the option to buy futures as well. One can also find information at Generic Trade Review.


What are some good online commodity futures broker sites?

Some companies that are interested and working toward commodity futures are as follows: TDA america, Schwab, Farrdirect, Optimus Futures and others. These will be good resources for information.