Type 3 regulated activity?

Type 3 regulated activity?

• A. Dealing in futures
• B. Leveraged FX trading
• C. Dealing in securities
• D. Advising on securities

Answer: (B)

Type 3 regulated activity refers to leveraged foreign exchange trading. This category covers businesses that deal in currencies on margin, offering or using leverage to amplify exposure, which makes the activity high-risk and subject to licensing. The other items belong to different regulated activities: dealing in futures is a separate category, dealing in securities is another, and advising on securities fits a different licensing type. So leveraged FX trading is the activity that specifically sits under Type 3.

Type 3 regulated activity refers to leveraged foreign exchange trading. This category covers businesses that deal in currencies on margin, offering or using leverage to amplify exposure, which makes the activity high-risk and subject to licensing. The other items belong to different regulated activities: dealing in futures is a separate category, dealing in securities is another, and advising on securities fits a different licensing type. So leveraged FX trading is the activity that specifically sits under Type 3.