Know of a brokerage that allows /ES futures in an IRA?

B

badIRAbad

I know that T.D. Ameritrade doesn't and I wonder if any do if it's mainly because the variable margining of futures options is inherently in conflict with IRA rules?

Please let me know if you know of a counter-example ...
 
I work for Victor Securities as an Introducing Broker. I have a Roth IRA that I wanted to do some trading in and allocate to a few CTAs. I opened an account at Midland IRA. Midland IRA is a self-directed retirement plan administrator. I then transferred my Roth IRA to them from TD. Then I opened an account at INTL FC Stone for the Roth IRA. I can now trade and allocate there. PM me your contact information if you want to chat.

Bob
 
badIRAbad said:
I know that T.D. Ameritrade doesn't and I wonder if any do if it's mainly because the variable margining of futures options is inherently in conflict with IRA rules?

Please let me know if you know of a counter-example ...
More...
I'm not really sure there would be any advantage trading es in a tax sheltered account vs SPY since the 60/40 rule is meaningless
 
I'm 55 years old and have enough funds in my Roth to play. So for me, this is much better than trading in a personal account. Futures are more pure than their ETFs so I like them better. I can also sell futures to open but can't sell short in an IRA.
 
rmorse said:
I'm 55 years old and have enough funds in my Roth to play. So for me, this is much better than trading in a personal account. Futures are more pure than their ETFs so I like them better. I can also sell futures to open but can't sell short in an IRA.
More...
I totally agree with this. Successfully trading futures in a completely tax-free Roth IRA is good for both the soul and the wallet.
 
I'm not recommending trading futures to anyone with their IRA. Not my place to do that. The question was, how can I use my IRA to trade futures. I gave a path to that, that I used and it works well.
 
badIRAbad said:
I know that T.D. Ameritrade doesn't and I wonder if any do if it's mainly because the variable margining of futures options is inherently in conflict with IRA rules?

Please let me know if you know of a counter-example ...
More...

NinjaTrader Brokerage can support this.
 
RosyScenario said:
What are you talking about? You pay no taxes on profits trading a Roth IRA.
More...
they only give you so many breaks, you already get 60/40 on futures, if you want to trade spy then the only way to protect is an IRA or something similar. Most of us given a choice would stay with SPY on the long side since if you get caught long term that is better than rolling out, but futures give you a 60/40 split.
Please check with an enrolled agent or your cpa or your doctor to see if futures in an IRA are right for you.

or to put it another way, they only give you so much in an IRA. Why would you blow that on futures where outside you can already get 60/40? Save that IRA for really big life changing cap gains.

In otherwords, why blow your 60/40 split they already give you in an IRA?
 
Last edited:
You must log in or register to reply here.
Back
Top