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

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?

Marquita
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One comment to “To trade in the Forex Market professionally do you need to be registered with the NFA?”

  1. For your friends and relatives you probably dont need to be registered however if youre looking to trade professionally on behalf with clients then its more complicated matter hope this.
    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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