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What is an IRA Futures Trading Account?
An IRA is a tax-deferred personal savings plan or, in some specific cases, a tax-free plan. Technically, it’s a trust account created and maintained for the exclusive benefit of you or your beneficiaries, so it must be established with a qualified and independent trustee. You may not be your own trustee. Thus, you must find a trustee for your IRA account, and you should be sure to verify that the trustee you select allows self-directed futures and options trading, or if you're interested in trading foreign exchange, make sure the trustee allows self-directed trading in spot foreign currencies.
How to Open a Futures Trading IRA Account
To open an IRA account at AMP, just complete the form below and the necessary applications will be direct mailed to you.
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