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What qualifications do I need to be a stock dealer?

Dealers must be registered with the Securities and Exchange Commission (SEC) and must comply with all state requirements before they can begin working. Dealers are different from traders and brokers—the former buys and sells for one's own account, while the latter does not trade for its portfolio. Dealers are regulated by the SEC.

What is the difference between a stock dealer and a trader?

A dealer is different from a trader. While a dealer buys and sells securities as part of its regular business, a trader buys and sells securities for their own account—not on a business basis.

What is the role of a stock dealer?

A stock dealer is a financial professional who trades stock shares and makes a profit by selling them for more than they bought them. Many people and organizations that buy and sell stocks do so on behalf of clients.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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