Disliked{quote}-Generally speaking, licensing and registration requirements may vary, depending on country. For US traders that are acting as investment advisor or managing a fund, other people's money and/or executing trades on behalf of others for a fee or percentage of profits etc., then some requirements may be necessary. Whether or not you need to register with the state, the SEC, the NFA et al. may depend on the type of trading, the clients' asset classes and/or amount of AUM involved etc.. What may be required and what is actually enforced may be...Ignored
BUT the prop’s themselves are looking for people to trade their money , the other way around ,and that makes the big difference
Unlike futures/CFD’s/Forex prop’s , prop stock trading requires you to pass some exams to be able to join
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