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

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

July 15th, 2009
forex
Marcus 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?

CHALIFOUX
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Investing , ,

  1. Harold Hsu
    July 19th, 2009 at 02:47 | #1
    Reply | Quote

    For your friends and relatives you probably dont need to trade professionally on behalf with clients then its more complicated matter hope this helps.

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