If you cann't get approval from E-Trade, don't expect from any one else.
Most major firms are a little more tighter than E-Trade
All firms have the same minimum requirements for the approval of establishing an option account, the more reputable firms are a bit more tougher, .
They all pretty much have the same requirements. No one wants to get holding the bag if your options go south.
Options is a risky business. There is a seperate derivative risk warning to sign and the broker should be looking for adequate client resources, experience etc.
You may not be old enough to remember but many option traders got wiped out in the '87 crash when there was less regulation.
How does Trading Work? I can say you that take a look at this site ( http://forexsignal.kyma.info ) may be it can help you. It 's one of the best course about trading. It seems like Trading is almost totally based on Macro-economics. It also strikes me that since there are not nearly as many currencies as there are stocks/bonds/derivatives etc etc, there must be a large number of market players in each currency bracket. So logically, currencies must be very liquid true? Also, what is the risk of Currency trading, high or low? When I read the business section every day I notice that the Canadian loonie moves hardly a tenth of a cent on a regular basis (in comparison to the US dollar). So it seems like theres very little room for growth in currencies unless you leverage. On that note, whats the maximum leverage permitted for forex trading. I know in stocks its x2, and in derivatives its x10. Anyway the only way to know how to start a profitable buisness is by following some methods like the one that I suggested.
It's really possible to make money with trading online, specially with binary trading. You have just to know where to learn... and I know the best source ( http://forexsignal.kyma.info ) This course explain everything you need to start a very profitable trading activity. Before you "learn" to day trade you first must understand the markets, the products traded in the markets and the rules you have to follow to be in the market. You have to learn what to do, why to do it, when to do it and how to do it. If can learn all of this then and only then can you day trade. Before you day trade you must be able to trade. You also need a written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself. You also need sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you can trade/invest. It is more imperative to have a written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested and a good understanding of the rules
Easiest brokerage…!!! Good question. There is a lot of scam in the market. Every One says he is the best. I had been a prey of such scams. But after getting training from http://expertoptiontrading.com/amember/g... . I acquired lots of knowledge and steps to earn more money from option trading.
Options are mostly a scam so don't waste your money in this mess. My cousin got his guidance from DVD that he got from http://amzn.to/1ynhZSe and he thought he'll be able to make it. Trust me I haven't heard anyone who's able to earn from options and they are too risky.
I am currently on etrade, and they just won't let me trade level 2 options. I am wondering what brokerages approve you easier for options trading?(long puts, calls)
