answersLogoWhite

0


Best Answer

If you want to become commodity trader and trade for yourself then you do not need any qualifications, by law. To become successful commodity trader you need much more than educational qualifications. Strong financial backing, complete knowledge of market and risk taking capacity are very necessary.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What qualifications do I need to become a commodities trader?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What should I study in college to become a commodities trader?

A degree in finance, economics or business would come in handy if you are planning to become a commodities trader. Even without one, if you have a fair idea of the commodities market, the basics underlying commodities futures, and have someone to show you the ropes, you can start working and keep learning from experience as you go along. In addition, you would need a licence for which you can check the state specific requirements.


What is the purpose of commodity traders?

There are many different reasons one might need a commodity trader. One typically trades commodities to help bring in additional funds and increase one's money.


How does one learn about commodities day trading?

One would need to take courses online or buy books teaching about commodities day trading. There are many websites and training companies which offer this service.


How easy is it to start trading in commodities markets?

Trading commodities is a fairly simple process. Commodity trading is like any other business. You need to know your market. You will need to provide a proof of identification and address and almost certainly a photographic proof of identification in order to complete registration with a broker and open a beneficiary account.


What is commodity brokerage?

A commodity brokerage is a company that sets up deals between buyers and sellers of commodities, more specifically commodities futures and commodities options. Easy example: You are the grain buyer for Wonder Bread. You need 100,000 bushels of wheat every month for the next year. You could spend your entire life going from grain elevator to grain elevator trying to scrounge up 10,000 bushels here and 5,000 bushels there...or you can call American Grain, tell them you need as much wheat as you do, and let them find it for you.

Related questions

What should I study in college to become a commodities trader?

A degree in finance, economics or business would come in handy if you are planning to become a commodities trader. Even without one, if you have a fair idea of the commodities market, the basics underlying commodities futures, and have someone to show you the ropes, you can start working and keep learning from experience as you go along. In addition, you would need a licence for which you can check the state specific requirements.


Qualifications to become a health visitor?

what qualifications do you need to become a health visitor


Can I learn how to become a day trader?

You do not need any special degrees to become a day trader. You do, however, need to do a lot of trend research.


Do you need a degree to become a commodity trader?

no


How long does it take to complete a commodities trading course with a diploma?

There is no commodities training course specifically required to be a commodities trader but commodities traders need a bachelor degree in commerce, accounting, business, finance, or economics. The coursework for these degrees can take 3 to 4 years full time.


What qualifications did you need to become and NWMP?

you have to be male


What qualifications do you need to become a ground hostess?

qualifications to be a grond hostess sri lanka


Driver instructor qualifications are specified in?

what qualifications do yu need to become a driver instructor


What qualifications do you need to be a voice actor?

You need talent to become an actor


What qualifications do you need to become a drummer?

a PHD in psychology.


What qualifications do you need to become a heating engineer?

gcses


What GCSE qualifications do you need to become a stockbroker?

You don't.