Can I open an IRA account at FOREX.com?

Asked 4 years ago

Is there a minimum deposit required to open an IRA account at forex.com or can I open one as an individual without a large deposit?

Ira account Forex.com Range of services on trading platforms

Andrew Moran

Friday, August 06, 2021

Yes, you can open an individual retirement account (IRA) on Forex.com.
For U.S. individual customers, here is what you need to do:
Complete an Individual Account Customer Application.
File an IRA Trading Account Customer Agreement.
Fill in a W9 tax form.
Finish the appropriate IRA documents.
Send your Forex.com application, customer agreement, and trust company application.
On the topic of minimum deposit, according to Forex.com, the minimum initial deposit must be "at least 100 of your selected base currency."