Joined Jan 2008
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Status: Lunatic Supreme
|1,840 Posts
"Individuals who are applying for NFA membership as a sole proprietor FCM, IB, CPO, CTA or for registration as an AP of any of these categories must satisfy proficiency requirements. Unless they are eligible for the alternatives listed below, they must have passed the National Commodity Futures Examination (NCFE or Series 3) within the two years preceding their application. NFA publishes a study outline to help prepare for the futures industry examinations."
If you work for an organization and are not a sole proprietor you may be able to qualify w/ alternates too...
Other than that I know of no free resources, altho you can get some study guides pretty cheaply on Amazon. There's a fee associated w/ taking the test, so there's no way to finish the process for free.
The above may be required under upcoming laws for anyone in the US soliciting funds or managing accounts to trade forex.