Millennium Trust provides you with the control you need to select and direct your own IRA investments. If you decide to invest your IRA account in futures/forex, you will select and work with a Futures Commission Merchant (FCM) and perhaps an introducing broker to complete the paperwork they require. Once completed, our dedicated Futures support team will work with you to establish the futures trading account in the name of your IRA at your chosen FCM.
Upon your direction, Millennium Trust will send the IRA funds to your IRA’s futures trading account at your FCM. You will have complete trading authority over your IRA’s futures trading account at your FCM. In addition to providing the administrative and custodial services required for the IRA, Millennium Trust offers IRA account owners its expertise and experience in working with the account owners’ introducing brokerage firms and FCMs. Our Futures support team understands how to work with FCMs and other industry participants per your direction to more effectively provide administrative services to your IRA.
For your Traditional, Roth, SEP or Simple IRA at Millennium Trust you can open an account with your FCM to invest in futures/forex. To open your Millennium Trust account, use the online application to get started.
Millennium Trust is not a Futures Commission Merchant or an Introducing Brokerage Firm and does not hold futures positions or the associated funds to margin, guarantee, secure or settle such positions in any IRA. Millennium Trust does not take or place futures trade orders.