FREQUENTLY ASKED QUESTIONS

What is the process to invest in foreign currency (i.e. FOREX) with my IRA?

Once you have identified a foreign currency provider you would like to work with, you will need to submit a completed and executed Buy Direction Letter – Foreign Currency along with the purchase details of your currency selection.

What fees are associated with investing in foreign currency?

There is a $125 transaction fee to purchase foreign currency within your Self-Directed IRA regardless of the value of the currency purchased.  A detailed overview of all account fees can be found in the Fee Schedule.