Futures/Forex
What are Futures?
A Futures Contract is an agreement to buy or sell a set amount of a commodity at a predetermined price and date. The Chicago Board of Trade (CBOT) listed the first ever standardized 'exchange traded' forward contracts in 1864, which were called futures contracts. Individual Traders are considered Speculators who are accepting price risk in an attempt to profit from favorable price movement.
In many cases, the underlying asset to a futures contract may not be traditional commodities at all – that is, for financial futures the underlying asset or item can be currencies, securities or financial instruments and intangible assets or referenced items such as stock indexes and interest rates.
Who are the Industry Participants?
- Futures Commission Merchant (FCM) - Solicits or accepts orders to buy or sell futures contracts, options on futures or retail off-exchange forex contracts and accepts money or other assets from customers to support such orders.
- Introducing Broker (IB) - An introducing broker is a broker-dealer that contracts with a clearing firm (FCM) to handle the execution and settlement of orders that the introducing firm receives from its clients or its own trading desk to buy and sell securities.
- Commodity Trading Advisor (CTA) - An investment manager that focuses on long and short trading in the futures markets. The trades are often intraday trades. Sometimes referred to as Managed Futures.
What types of accounts can I trade with my IRA?
- Self-directed: Make all trading decisions yourself
- Broker Assisted: Rely on trading advice from a registered broker
- Managed: Utilize the services of Commodity Trading Advisors
- Automated: Allow a system to auto-trade your account
Why AdvantaIRA?
- We give you the peace of mind that over $700 Million in client assets and the full limits of FDIC can provide.
- Expedited IRA opening and processing of trading application at NO extra
- Simplified fee schedule and lower minimum balance requirement than our competitors
- Online account access and electronic signature availability for completion of IRA forms
AdvantaIRA is committed to working with clients on a 1 to 1 basis!!
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DISCLAIMER: Advanta IRA Trust, LLC Plans does not offer investment, tax, financial, or legal advice nor do we endorse any products, investments, or companies that offer such advice and/or investments. All parties are strongly encouraged to perform their own due diligence and consult with the appropriate professional(s) licensed in that area before entering into any type of investment.
*All investments involve risk. There are no guarantees that alternative asset investments will increase returns and minimize losses. Like traditional investments, there are inherent risks of investing in alternative assets and many hold the opportunity to lose most or all money invested.