$25 000 000 minimum
Plus the need for more employees
Plus the need for more employees
FINRA , SEC vs NFA regulation 0 replies
New NFA Regulation! 20 replies
Bypass NFA regulation broker.. 3 replies
NFA Regulation in the US 3 replies
DislikedYou can be NFA regulated, cost $25,000,000
You can be FINRA regulated, cost about $300,000
You can be Off-Shore regulated, starting from $5,000
Do I have to be NFA regulated?
Nobody can forbid you from exchanging your Euros in your pocket for the US Dollars in my pocket, right? This is why Forex is an Over the Counter market. Therefore the only reason to be registered is if you want to. Remember that NFA members have to pay a lot of fees to the NFA and have so many constraints that you will have to dedicate 2-3 employees just to work with the...Ignored