Registered Financial Advisor Requirements: Understanding Funding Rules
A Registered Financial Advisor (RFA) is a qualified financial services professional who provides advice on investments, loans, taxes, retirement, and other financial matters. In order to become an RFA, an individual must have an accredited degree conferred by an accredited educational institution, pass the requisite examinations, abide by the professional code of conduct, and meet certain other qualifications and requirements. In particular, in order to provide advice on Forex trading, an RFA must also have the added knowledge and understanding of the complex nature of the Foreign exchange (Forex) markets. Moreover, an RFA must possess the ability to identify, analyze, and assess the inherent risks associated with these global markets and to provide sound advice and strategies to investors who desire to take advantage of the potentially high returns offered by the Forex markets.