assent, has many sub-groups that a license is not required, one of the biggest firms on the street. they accept licensed traders all the same. just because a firm requires a license does not mean anything, just a regulatory issue. the firms that require a license with no choice are bright, echo, hold , dimension, maybe a few others, those are the major ones needing a license to do business with for the most part. many sub-groups which are fine, just due your homework, no guarantee. other then pure retail 4-1 leverage.