CTA Startup Costs



Too bad that a CTA can't trade stock options or index options. You are limited to future and future options.



But CTA can trade stock index future, such as NQ, etc.
 
Quote from LongView:

To be totally honest with you it is pretty cheap.

My costs were
1) the cost of taking the series 3 and study materials
2) the registration fees to the NFA for myself, CPO, and CTA
3) the state costs to start two LLCs (one for my management company and a separate one for the Pool)

I wrote and continue to write my own disclosure documents so I saved the cost of a lawyer.

All in all my total costs were around $2500. Also keep in mind you have to pay yearly dues to the NFA.
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I thought Forms 7R & 8-R were like $700-$800.

Plus mem. fees
http://www.nfa.futures.org/registration/nfa_membership.asp
 
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