What is a Forex IRA Account?

A Forex IRA Account is a unique individual retirement account ('IRA') which enables an investor to trade forex tax free.  This is a great opportunity for US investors, as, unlike a regular managed forex account, all profits generated within the forex IRA account accumulate tax free.  However, as with a Managed Forex Account, a professional investment manager trades the account on the investor's behalf.  The only practical difference between a Forex IRA Account and a Managed Forex Account is that a Forex IRA Account is set up through a trust company, whereas a managed forex account is set up in the name of the individual.

Forex IRA Accounts are becoming increasingly popular, as investors have seen the value of their 401(k)'s (which traditionally consist primarily of equity and bond investments), diminish in value over the past 12 months or so.

How does setting up a Forex IRA Account differ from a Managed Forex Account?

The process of setting up a Forex IRA Account is very similar to setting up a Managed Forex Account .  To learn more about setting up a forex IRA account, head over to our Preferred Managed Forex Account section.

Investor Protection for Forex IRA Account holders

Another great advantage of a Forex IRA Account is that, as with a regular managed forex account, investors receive an enhanced level of investor protection, with complete control over their Forex IRA Account.