The Sage's Corner

[ancalagon]

I don't think I'm going to trade today. Going to be making some calls, etc. and getting some. I have an email in to the registration and compliance site. Not to go into many detail in this open forum...but it looks like about 25K for the entire initial investment...ie software and the regulatory stuff. There would be insurance and the bonding thing, as well as a tri-state licesning thing: you'd want our three states initially. You'd need one in any place you had a client. Most aren't expensive at all, however. I'm just thinking aloud - I would know the exact costs before jumping into all of it...but I'd say 30-35K. Plus there's a separate server.

All in all...to start a biz like this...my initial guess would've been 50K. Not bad for excellent rewards if you succeed.