Localfund.com - All about Fund and Investment
*Home>>>Forex

Which is the better job, being an insurance agent or being an introducing broker for a Forex company?


I found both opportunities at the same time. Both are soley commission based. Both require that I market and sell information to people I know and to people I dont know. Both have unlimited income potential which depends on how much I want to push myself.

I would do both jobs but the insurance company wants my to sign a contract that would make me exclusive to them and I wouldnt be allowed to have a second job. Where the Forex company is okay with me having other jobs, heck I can even work for another Forex company.

Whats great about the Insurance company is that they are one of the best in the United States. They are well know and they have a system in place that makes many of their agents a lot of money every year.

If you respond please include your financial background.

If I were you, I'd go with the Forex company. Forex is a growing business whereas insurance is a business that matured a while ago. Any company that is fully commission-based and makes you sign a contract that doesn't allow you to work somewhere else is just not really worth your time. What happens if you don't make any money in that firm? Are you going to starve? Total baloney.

If you really want to work in insurance, then I suggest you go work for a company that, at the very least, pays you a weekly stipend (e.g. - Metlife).

Financial background: Financial Advisor at Citigold Wealth Management (2 years)
Standard and Poors Investment Analyst (2 years)
Current NYU Stern student and H&R Block Tax Specialist.

First off, Congrats!! Both are promising careers. However, you have evaluate what you can see yourself doing and being happiest with in the long term.

From where I sit, Insurance would be a lot easier sell than FX. People will always need insurance and you can stop anyone on the street and they have at least heard of it.

Can't do that with Forex.

introducing broker for a Forex company sounds like the one with the biggest $$$$$ potential

Tags
  Fund Portfolio   Fund Performance   Fund Manager   Fund Management   Forex   Foreign Investment   Financial Investment   Fidelity Investment   Fidelity Fund
Related information
  • I need help to find the most reliable source to get started with FOREX?

    Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/C...

  • Where can i see the common chart indicators free of charge ??( for forex trading)?

    Forex made easy is a simple and productive tool... You can also utilize the MACD on just about any platform... Depending upon how much you trade I would suggest Oanda as the best beginner platform....

  • I have 100K that I plan to split between investing in QQQ, forex and half with aid4families. Is this diverse?

    I think you have unrealistic expectations. First...get rid of the aid4families garbage. Second: Don't assume that you will make any money in Forex. It's a zero sum game. For everyb...

  • How much money would I need to make it worth investing in Forex?

    Invest only what you can afford to lose. Most trading platforms offer mini accounts where you can start trading with minimum of $50 to $250. Trade only with leverage of 1:1 (only invested money) an...

  • How do i get a programmer to write a programme for trading forex?

    you can try at sites such as www.getafreelancer.com or www.scriptlance.com, you can also search for an aready made script at www.scripts.com, www.hotscripts.com, etc

    ...
  • Where can you get the live data that brokers use for the forex markets?

    All the free sites have a delayed broadcast time, if you want "live" time you will need to subscribe to one of the pay for sites.

    ...
  • Do any one of you have idea on how rbi intervenes in forex market?

    i earn at least usd3000 per month using the free forex signal service below.. u should try it! Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction prov...

  • Forex signals ? any one has tried a good forex signals and he/she believe they are the best forex signaler ?

    Try these guys: ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster