Getting licensed - CSC | Forex Factory

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Getting licensed - CSC

  • #1
  • First Post: Edited 12:32pm Nov 28, 2012 9:22am | Edited 12:32pm
I live in Canada and someone has offered to put me through the training of CSC.

I'm not a full fledged trader at all and I only focused on fx so far. What good does it do me to get this license? I am not interested in mutual funds or working for a bank. The individual is one of the people I trade for and he works at a bank. I am not sure to kindly thank for his offer or to accept it.
Argue for your limitations, and sure enough, they're yours. Richard Bach
  • #2
  • Nov 28, 2012 10:14pm Nov 28, 2012 10:14pm
Quoting pipsel
I live in Canada and someone has offered to put me through the training of CSC.

I'm not a full fledged trader at all and I only focused on fx so far. What good does it do me to get this license? I am not interested in mutual funds or working for a bank. The individual is one of the people I trade for and he works at a bank. I am not sure to kindly thank for his offer or to accept it.
I have my CSC, and a few others...

It would be of no use to you unless you want to have an entry level job at a bank (Financial Services Agent level, retail banking sales, etc..)

Nearly all of the material wouldn't apply to forex trading anyhow.
FXGears.com
  • #3
  • Nov 28, 2012 10:20pm Nov 28, 2012 10:20pm
Quoting Jack_Larkin
I have my CSC, and a few others...

It would be of no use to you unless you want to have an entry level job at a bank (Financial Services Agent level, retail banking sales, etc..)

Nearly all of the material wouldn't apply to forex trading anyhow.
I agree and also have this accreditation along with the IFIC ect....
From a traders viewpoint it will teach you nothing.
This course is simply your brokers license, some firms may require you to have this to trade securities like stocks and bonds.
  • #4
  • Last Post: Nov 28, 2012 10:34pm Nov 28, 2012 10:34pm
Do it. You never know what the future brings. If you are being offered it for free and have time to do it, it can't hurt but only help with possible future endeavors. With stricter regulations going on with trading in Canada and worldwide, a CSC may become more necessary. If you ever want to trade for a large firm I am sure they will look on that favourably also.
More education and designations are never a bad thing.
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