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It is not an issue for my IB clients at this time. They mostly trade equities and options.

I can't. I can only relay what I have been told. I have no agenda here to make this up.

I just spoke to IB support. The IRA/Futures issue was a short term, back end issue, that should be resolved early this week. It is not a permanent change. Blocks of accounts will be resolved as soon as today.

If you want to leave your Introducing Broker at IB, you should be able to do that by simply Unlinking your account. You should not have to create a new one. Bob

I'm going to open an account though uDirect IRA Services next week. Not because of the change at IB, but because I want to move my futures business to FC Stone, where most of my customer's futures accounts are. They can't take Roth IRAs directly.

The custodial "self-directed" IRA route is widely accepted because the FCM or Prime Broker does not have to do any of the IRA compliance.

We are Introducing Brokers to IB. I can give them a call Monday if the IB rep that monitors ET does not respond as to what the change was issued from. Bob

If your only concern is how to report a large number of trades properly, check these guys out. I have a few clients that use them. https://www.gainskeeper.com/us/GainsKeeperIndividua.aspx Complete Schedule D for tax filing Once an investor's trade history is recorded in GainsKeeper, capital...

Wow. I had a Roth IRA at IB managed by a CTA and I closed the account end of last month. Good timing. I'm using a self-directed IRA firm to open an account at FC Stone for other managers.

I have an Roth IRA and received no restriction.

Not marginable. Under $5.00 and traded OTC.

If they are a hedge fund, they will not ask for capital from you to trade. You will trade with investor capital and you will be an employee. A hedge fund typically is not a registered broker dealer.

I think this is very important. Too many trader here only talk about "the deal", and ignore that they are getting into business with a regulated firm. To me, if you choose a prop firm, do it for the people involved, not to save a few dollars. Many traders make this decision too lightly, then...

So what makes your firm better?

I would think that too. There might be other concerns we are not aware of.

They are not required to offer the offsets.

It's not about speed, most of the time. It's about control. It's about access to maker/taker fees or the avoidance of them.

Dealmaker, Each broker is different. We offer institutional customer accounts. We offer Broker Neutral platforms and connect them to DMA routes that we have relationships with. These orders do not go through a dark pool or to a group of market makers. In the end, that should not be the...

"direct access with a prop?" You can get DMA with customer accounts too.

When you open an account in your name or an entity, you own the account and have the ability to show statements and activity to anyone you choose. If you join a BD, you trade in THEIR account, that they have set aside for you to monitor P & L. When you leave, you have no rights. When you are...