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[paul2657]

Hello,

Does anybody know the easiest steps to becoming an IB?
There seems to be a whole host of regulatory requirements... Maybe it's easier to register as an IB via a company located where regulations are soft or non-existant? Any comments?

At the moment I'm simply just an invididual trader, but I need to become an IB ASAP.

[TickTock]

If your not registered with NFA/CFTC as an IB brokers will scow you royally whyen it come to payday, and your clients will be stolen! Sure Thay will allow you to become an IB but thay will come up with every excuse under the sun for not paying you rebates and directly solicit your clients, and if he or she's smart will leave you.. , you will receive the same treatment when going offshore. You need to register.

[paul2657]

Originally Posted by TickTock

If your not registered with NFA/CFTC as an IB brokers will scow you royally whyen it come to payday, and your clients will be stolen! Sure Thay will allow you to become an IB but thay will come up with every excuse under the sun for not paying you rebates and directly solicit your clients, and if he or she's smart will leave you.. , you will receive the same treatment when going offshore. You need to register.

Thanks for your reply. I should explain further. The only reason I want to become an IB is to gain rebates on my own trading. I was thinking that maybe I could set up a company as an IB, then have myself as a client of that company so that I may collect rebates from my own trading. The silly brokers I'm dealing with don't give any discount/rebates to high volume traders. So IB seems to be the only avenue left.

[PLATNM456]

Originally Posted by paul2657

Hello,

Does anybody know the easiest steps to becoming an IB?
There seems to be a whole host of regulatory requirements... Maybe it's easier to register as an IB via a company located where regulations are soft or non-existant? Any comments?

At the moment I'm simply just an invididual trader, but I need to become an IB ASAP.

I have just become an IB with a great Clearing Firm behind me. I have it all down and all ready for other IBs to Get in with me. I am actually one of the first IB's to begin FX trading for clients of mine through them. I can not get into everything but if you would like to get more information, I have the answers you need. And business as long as you do it well and you do it right, is going incredibly for me and I hope I can help you to do it as well....Respond privately. And anyone else need the info please feel Free to ask.

[ssblack]

Paul, I sent you a PM.