If you are interested in becoming a stock exchange broker, then there are several things that you need to do in advance. Not only do you have to have a certain amount of knowledge, you need to apply for and obtain a low cost forex license. This license will enable you to perform trading for clients as often as you like.
Typical forex licenses can be quite expensive, costing as much as $50,000. However, exact costs will vary depending on the exact license you’re seeking.
You can make a large income by becoming a forex trader, and as long as you handle your clients’ money responsibly, you are likely to have new clients referred to you on a regular basis. That is why it’s important to obtain as much training as possible prior to managing the trading of others. The more knowledgeable and experienced you are, the more successful you will likely be.