Tue 27 Jun 2006
Ever wondered how or where to open up an IRA for trading things other than stocks, such as futures and forex?? Consider a custodial trust?company that can approve various types of trading accounts for an IRA setup.? I think as long as the broker can prove that there are automatic safeguards in place that prevent the account ever going into debit such that you owe money, then it can be approved.? This is why margin accounts are allowed because most have automatic margin call procedures that prevent you from ever losing more than the amount in your account.
Here are a few:
I don’t have any knowledge of these firms to recommend?one and there may be more, but these are the few I’ve heard of.