Can a private trader become an Introducing Broker?

Discussion in 'Forex Brokers' started by Canados, Jun 3, 2007.

  1. Canados


    here my question, I would like to know if a private trader can become an IB without strating up a firm. Or He should start up a firm before starting as IB?
  2. cstfx


    He/she can be a sole proprietetor registered with the NFA. Go to their webpage and do the research. It's all there.
  3. rayl


    Sure, just register with your favorite SRO and all the jazz that comes with that (regular examinations, etc).

    But you're taking on unlimited liability for regulatory fines, etc. Why would you want to do that?