Forex in IRA

Does anyone know of a brokerage that allows forex trading inside your IRA?
IB does not.
Thanks

Demons,

This may constitute money-laundering. Via Sinn Fein may be more appropriate.

Grant.

There is nothing illegal about it

I was researching this issue as well and I believe this can be accomplished via a Self-Directed IRA...

I discovered MB Trading is one broker that allows this. You need to open a Self-Directed IRA with the Entrust group which will act as a custodian of your IRA funds. You then request your custodian to open a Forex trading account on your behalf. That is the extent of my research so far...

Check out the 'IRA' link at Online Stock Trading | MB Trading Direct Access Brokerage Firm

When you open an IRA account for futures or forex you can't do so directly with a broker. You have to go through a trust service who will hold the account.

I'm sure there are a numer of brokers that support this. If I recall correctly I believe FXDD has the IRA option.

Account holding companies. (This is from my file but I put this together a while back for my own purposes of having an IRA for futures). Info may be outdated but its probably current.


Entrust Administration
180 Grand Avenue
Suite 1030
Oakland, CA 94612
800-392-9653

Millennium Trust LLC
820 Jorie Blvd Ste #420
Oak Brook, IL 60523
708-873-5300

North Star Trust Company
500 W. Madison St.
Chicago, IL 60661
312-559-6542
contact: Pat Kyce

Sterling Trust Company
7901 Fish Pond Rd
Waco, TX 76710
254-751-1505

Here's a link with info on how to set up an IRA Forex account. Forex IRA Accounts | Get an edge with BBFX