Anyone searching for a formal qualification in Technical Analysis will end up with two options. It is either the Chartered Market Technicians (CMT) administrated by the Market Technicians Association (MTA) or the Certified Financial Technicians (CFTe) accredited by the International Federation of Technical Analysts (IFTA). The Chartered Market Technicians (CMT) is more popular in the United States whereas Certified Financial Technicians (CFTe) is more well known internationally. Both organizations lay down stringent examination criteria. The CMT called for a three-part examinations somewhat similar to its fundamental counterpart CFA. Part one and two are multiple choice questions whereas part three is essay style questions. CFTe on the other hand, has only two-part. Part one (CFTe I) is multiple choice and part two (CFTe II) is essay style. CFTe II is collaborated with The Society of Technical Analysts (STA) UK. Candidates who passed the CFTe II through IFTA will gain exemption from STA for admission as Full Member. Candidates who passed the STA Diploma through STA will be able to register as Certified Financial Technicians once they passed CFTe I. The STA Diploma is an internationally recognized qualification for Technical Analysts. It is a qualification leading to the award of CFTe title ( Certified Financial Technicians ) accredited by the IFTA (International Federation of Technical Analysts). The services Market Wizards LLP provides supplement the preparatory courses and home study course run by the respective societies directly. One of the problems faced by candidates attempting the STA Diploma / CFTe Level II examination is that the expectations are not clearly defined ( eg: how to write the chart analysis report , what format is expected? ) . This is especially true for candidates who sit for the CFTe Level II exam as a private candidate as opposed to those who have attended preparatory courses from their respective societies.CFTe on the other hand, has only two-part. Part one (CFTe I) is multiple choice and part two (CFTe II) is essay style. CFTe II is collaborated with The Society of Technical Analysts (STA) UK. Candidates who passed the CFTe II through IFTA will gain exemption from STA for admission as Full Member. Candidates who passed the STA Diploma through STA will be able to register as Certified Financial Technicians once they passed CFTe I. The STA Diploma is an internationally recognized qualification for Technical Analysts. We offer mock answers to the past year examination papers ( Chart Analysis Only ). The mock answers are carefully written by our trainer who has attempted the examination and passed with DISTINCTION grade. Our trainer is a Full Member of the Society of Technical Analysts UK ( MSTA ) as well as Certified Financial Technician ( CFTe ) accredited by IFTA. Both CMT and CFTe are on self-study basis although preparatory courses are available from MTA in the case of CMT and from STA in the case of CFTe II/STA Diploma. Mentorship services for CFTe II/STA Diploma is available from the kind soul at Market Wizards LLP ( http://www.marketwizards.com.sg ). Solved past year exam papers are available at a nominal cost to help candidates to increase their success rate.
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