img not found!

United States National Futures Association (NFA) License

Enigmatig provides a turnkey solution for financial licensing. To facilitate your process of applying for a United States National Futures Association (NFA) license, we will:

  • Promote your application to the United States regulators
  • Assist with answering questions regarding the application process and requirements
  • Draft and review application documents and questionnaires
  • Follow up with the application and ensure the submission of additional information required by the related departments in the United States
Permissions

Commodity Pool Operator (CPO)

An individual or organization that operates a commodity pool and solicits funds for that commodity pool.

Commodity Trading Advisor (CTA)

An individual or organization that, for compensation or profit, advises others, directly or indirectly, as to the value of or the advisability of trading futures contracts, options on futures, retail off-exchange forex contracts or swaps.

Futures Commission Merchant (FCM)

An entity that solicits or accepts orders to buy or sell futures contracts, options on futures, retail off-exchange forex contracts or swaps, and accepts money or other assets from customers to support such orders.

Introducing Broker (IB)

An individual or organization that solicits or accepts orders to buy or sell futures contracts, forex, commodity options, or swaps but does not accept money or other assets from customers to support these orders.

Capital Requirement

No capital requirement.
Business Plan

Enigmatig shall seek to understand your business activities and goals to assist with your business plan drafting that best encompasses this whilst still being compliant with the prevailing regulations. Enigmatig shall also advise on the possible questions that might be posed by the regulator.

Requirements
  • Passport copy of all shareholders and directors
  • Proof of residence of all shareholders and directors
  • Firm’s certification of incorporation
  • Certificate of Incumbency (Issued within the last 3 months)
  • Principle place of business and contact details, inc. phone, fax number, email and website address
Due Diligence

Due Diligence is necessary to formally verify the identity of all clients of the firm. The following documents are required to conduct due diligence for the license application:

  • A copy of the photo page of the passport ceritifed by a notary public for each director and shareholder;
  • A copy of proof of address (issued within the last 3 months) by a notary public for each director and shareholder;
  • Curriculum Vitae (CV);
  • Business Plan;
  • Financial Forecast;
  • Organisation Chart;
  • For company directorship or shareholdership, a certified copy of the constitution documents of the company and above details on each director and shareholder of the company;
  • Other supporting document when necessary.
Please note for a company listed on a major stock exchange or subject to regulatory supervision in a country with equivalent AML regulations to the United States, evidence of such listing or regulation will suffice in place of the above information. Where the directors to be appointed are employees of such a listed or regulated company, a certified passport copy and confirmation of employment (to include position) will suffice.
Regulator

The National Futures Association (NFA) is the self-regulatory organization (SRO) for the U.S. derivatives industry, including on-exchange traded futures, retail off-exchange foreign currency (forex) and OTC derivatives (swaps). NFA is headquartered in Chicago and maintains an office in New York City. NFA is a non-profit, independent regulatory organization. NFA does not operate any markets and is not a trade association. NFA is financed from membership dues and assessment fees, and membership is mandatory for many market participants.

Enigmatig assists with the complete licensing application. Contact us to find out more about the United States company registration and forex license application. Our team of experts will get back to within the next business day.