iTrustCapital Account Type
iTrustCapital offers several types of accounts tailored for retirement investors interested in cryptocurrencies and precious metals. The primary account types available include:
- Traditional IRA: This account allows you to invest pre-tax dollars, deferring taxes until you withdraw funds during retirement.
- Roth IRA: Contributions are made with after-tax dollars, allowing for tax-free withdrawals in retirement.
- SEP IRA: Designed for self-employed individuals and small business owners, allowing for higher contribution limits.
- Simple IRA: Aimed at small businesses, offering a straightforward way to provide retirement benefits to employees.
Each of these accounts enables investors to trade a selection of over 30 cryptocurrencies, as well as physical gold and silver, within a tax-advantaged framework.
iTrustCapital Broker Account Opening Process
Opening an account with iTrustCapital is a straightforward process that can be completed in a few steps:
- Visit the Website: Go to the iTrustCapital website.
- Select "Open Account": Click on the "Open Account" button located at the top right corner of the homepage.
- Fill Out the Application: Provide your personal information, including your name, email, and phone number, and create a password.
- Verify Your Email: Confirm your email address by clicking on the verification link sent to your inbox.
- Choose Account Type: Select the type of IRA you wish to open (Traditional, Roth, SEP, or Simple).
- Fund Your Account: Choose your funding method, which can include cash contributions, rollovers from existing IRAs, or transfers from employer plans.
- Complete Identity Verification: Follow the prompts to complete the Know Your Customer (KYC) process, which typically involves submitting identification documents.
- Start Investing: Once your account is funded and verified, you can begin trading cryptocurrencies and precious metals 24/7.
This process generally takes between one to three business days for account approval, and you can start trading as soon as your funds are available.
I Trust Capital accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .