You'll require to offer a prospective broker: Financial investment goals. This may include income, development, capital preservation or speculation. Trading experience. The broker will would like to know your understanding of investing, the length of time you've been trading stocks or options, how many trades you make per year and the size of your trades.Have on hand your liquid net worth (or financial investments quickly cost cash), yearly income, overall net worth and employment information. The types of alternatives you wish to trade. Based upon your responses, the broker generally assigns you a preliminary trading level (typically 1 to 4, though a fifth level is ending up being more common) that is your secret to placing particular types of alternatives trades.