How Do You Become A Currency Broker?
The life of a currency broker can be very rewarding financially. Once you’re established, the hours are good and the risks minimal if you trade with discipline. If you work for a major firm, you will have the benefit of training, support, advertising and name recognition. Below are listed the most common steps to becoming a currency broker. There are many different ways to get into the field, but these are the most common. For the purposes of this article, the job of currency broker will be in the realm of exchange-traded currencies, licensed and regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). Get a degree in Economics, Finance, or Business. While there is no requirement for a college degree to become a currency broker, a degree in these disciplines will provide you the necessary background in economic theory to ease your transition into professional currency brokerage. Attend job fairs and recruiting events at your college. Most