How long does it usually take to establish my IRA account and fund my futures/forex trading account with the FCM?
No investments are allowed during the revocation period, which is seven days from the date Millennium Trust accepts the account. • Transferring funds or other assets from another trustee or custodian to Millennium Trust can be a lengthy process, over which Millennium Trust has limited control. IRA transfers may take three to four weeks to complete. In some cases, an IRA custodian will not provide Millennium Trust with status reports or the expected date of transfer. If time is an issue, contact your existing IRA custodian or your broker and request an expedited transfer of funds. • Upon receipt of your IRA funds, the initial funding of your futures/forex trading account with your FCM generally will be completed in two to three days for funds received in a wire, or five business days for funds received by personal check. Allow Millennium Trust five business days to invest a personal check. We suggest while completing the IRA-to-IRA Transfer Form, IRA-007, indicate that the funds should
