Futures Commission Merchant (FCM) Members
A futures commission merchant (FCM) is an entity that solicits or accepts orders to buy or sell futures contracts, options on futures, retail off-exchange forex contracts or swaps, and accepts money or other assets from customers to support such orders.
To register as an FCM, visit the FCM registration page.
*FCMs that are not primarily and substantially engaged in on-exchange futures business activities must be registered as retail foreign exchange dealers (RFED) to act as the counterparty to a retail off-exchange forex transaction.
FCM Member Notices
View Notices for FCM MembersFCM Education and Training
See Resources for FCM MembersNFA Rulebook
Read RulebookMember arbitration is designed for disputes between and among NFA Members and Associates. If you are an NFA Member and your dispute involves another NFA Member, consider NFA Member arbitration.