Commodity Futures Trading Commission

Commodity Futures Trading Commission (CFTC)

United States | Financial , Forex license

License Requirements	Main requirements Registering with the National Futures Association (NFA) as a Futures Commission Merchant (FCM) or Introducing Broker (IB). Meeting minimum capital requirements, which vary based on whether the firm is an FCM or IB. Complying with anti-money laundering and combating the financing of terrorism (AML/CFT) laws and regulations. Submitting a detailed business plan outlining key operating assets, market strategies, financial estimates, and risk management measures. Providing photocopies of passport details of shareholders, management, and key personnel. Presenting residence registration documents for shareholders, executives, and important team members. Obtaining professional references of senior staff demonstrating their expertise in foreign exchange operations. Ensuring criminal record-free identification for shareholders, management, and key executives. Paying a license fee and submitting proof of identity and residency. Passing a criminal background check.
The timing	12-24 Months
Cost	20000000 USD and more

The Commodity Futures Trading Commission (CFTC) is a vital U.S. government agency established in 1974 to regulate the country's derivatives markets, including futures, swaps, and certain options. Its main goals are to ensure these markets are transparent, competitive, and free from fraud, manipulation, and abusive practices. The CFTC oversees market participants, conducts market surveillance to prevent misconduct, protects consumers through education and enforcement, and promotes the integrity of the financial markets. Additionally, it collaborates with international regulatory bodies to address global financial market issues. Governed by a five-member commission appointed by the President, the CFTC is essential in maintaining the stability and fairness of the U.S. derivatives markets.

Avaliable in

United States

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Commodity Futures Trading Commission (CFTC)

United States | Financial , Forex license

Visit website

License Requirements	Main requirements Registering with the National Futures Association (NFA) as a Futures Commission Merchant (FCM) or Introducing Broker (IB). Meeting minimum capital requirements, which vary based on whether the firm is an FCM or IB. Complying with anti-money laundering and combating the financing of terrorism (AML/CFT) laws and regulations. Submitting a detailed business plan outlining key operating assets, market strategies, financial estimates, and risk management measures. Providing photocopies of passport details of shareholders, management, and key personnel. Presenting residence registration documents for shareholders, executives, and important team members. Obtaining professional references of senior staff demonstrating their expertise in foreign exchange operations. Ensuring criminal record-free identification for shareholders, management, and key executives. Paying a license fee and submitting proof of identity and residency. Passing a criminal background check.
The timing	12-24 Months
Cost	20000000 USD and more

Avaliable in

United States