We accept futures trading accounts from individuals, joint owners, corporations, partnerships, limited liability companies and trusts. Our account forms are available in English, European Spanish, German and Italian.
Depending on the futures account type you are opening, country of origin, citizenship and other factors, you may be required to submit additional documentation. Please submit these additional documents to your broker or fax them directly to our New Accounts Department at 312-795-7948.
Corporate
Trust
U.S. Corporation
You will need:
- Thoroughly completed and properly signed account forms.
- Copies of Articles of Incorporation and By-Laws that clearly identify the officers of the corporation and their authority to act on behalf of the corporation in opening an account. Only authorized signers may sign the account-opening documents on behalf of the corporation.
- A Proprietary Funds Letter.
- A copy of a passport or government-issued ID from all officers and any shareholders with 10% or more financial interest.
- If requested, other documentation confirming the legal status, ownership or business of the entity.
Foreign Corporation
You will need:
- Thoroughly completed and properly signed account forms.
- Copies of Articles of Incorporation and By-Laws that clearly identify the officers of the corporation and their authority to act on behalf of the corporation in opening the account. Documents must be in English or accompanied by a certified translation. Only authorized signers may sign the account-opening documents on behalf of the corporation.
- Properly signed copy of the Foreign Certification form.
- A Proprietary Funds Letter.
- Copies of the passports or other government-issued IDs of all officers of the corporation and any shareholders with 10% or more financial interest.
- If the corporation is located in a non-cooperating FATF country or a country that is not a FATF cooperating country, a copy of a current bank statement or utility bill.
- If requested, other documentation confirming the legal status, ownership or business of the entity.
Managed Futures Account
To open a managed futures account, please complete the Limited Power of Attorney form in addition to your account form. In addition, if your account will be managed by a Commodity Trading Advisor (CTA), you will need to complete any forms that manager requires.
Foreign Language Forms
All of our primary account forms are available in European Spanish, German and Italian. In addition, the following forms are also available in those three languages:
- Additional Risk Disclosure
- Electronic Trading Agreement (Customer Version)
- Foreign Certification
- Limited Power of Attorney
Approval Process
After all of your required forms are submitted, our New Accounts Department will review them and inform your broker of any missing pieces of information. Typically, our turnaround on account approvals is no more than two business days. If your account is approved, we will notify your broker with your new account number. (If you trade online, you also will receive notification of your User ID and Password.) Then, you can fund your account and start trading!