Today all brokers aspire to get a license which is the guarantor of their clients’ safety. Such licenses are issued by different financial commissions, which check the legality of the broker’s work, audit it, and then monitor it after the license is issued. That is, a Forex broker needs...
Import Export Code number is the primary proof of a firm as an Exporter/Importer in India. IEC number can be submitted with government authorities as a proof of exporter/importer to obtain various benefits on their exports / imports from DGFT, customs, Export Promotion Council etc. Where to ...
There are no educational requirements to sit for the Series 7 exam, but you can't just walk in off the street and take the test.Applicants must be sponsored by an existing licensed securities firm, according to Wall Street Oasis.Even if you pass the exam, you aren't guaranteed a license...
To trade stocks, you must pass FINRA’s Series 57 exam with a score of 70 percent or higher. Also referred to as the Security Traders Representative Exam, the test covers a range of topics, including professional conduct, investment products, trading, and record keeping. To become a registere...
Additionally, traders who are registered under Goods and Service Tax (GST) are not obligated to have an IEC. They can use their Permanent Account Number (PAN) as a new IEC for imports and exports. Here are some specific instances where an IEC is required: ...
If you plan to do business as an LLC, an LLP, or a corporation — basically anything but a sole trader operating under your own name — you’ll probably need some type of business license. I f you run a dropshipping business from home under an assumed name, you’ll have to get a ...
We get emails time to time about how to open a brokerage account in Singapore. So we decided to do a quick, simple guide for those who need a little advice.
Do-it-yourself traders should be careful when trading low-volume stocks, which may not have enough liquidity to easily enter or exit positions. Robo-Advisor Accounts Robo-advisors are platforms where automated algorithms make investment decisions on behalf of clients without human participation. Those...
Lenders also usually require some combination of the following documents to verify your identity and employment/income. Personal Identification Government-issued ID (i.e. birth certificate, driver’s license, passport) Proof of address (utility bill, mortgage statement, lease agreement, property tax bi...
Traders don't hold onto stocks for a long time. They're interested in quick gains greater than the market average based on short-term price volatility, and they may make many trade executions over a short period. If you envision yourself as a trader, you'll want to look for a broker ...