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Pros

Free trading platform with market data included
Responsive customer support and professional service
Low margins and competitive pricing for futures trading

Cons

High withdrawal fees for wire transfers
Occasional platform instability and lag issues
Limited options for long-term demo accounts before committing to a live account

Ironbeam broker Accounts

Ironbeam Account Types

Ironbeam offers a variety of account types to cater to different trading needs and strategies. The available account types include:

  • Individual Account: Designed for individual traders who wish to manage their own investments.
  • Joint Account: Allows two or more individuals to share ownership and management of the account.
  • IRA Account: A self-directed retirement account that enables futures trading within retirement savings.
  • Corporate/LLC Account: Tailored for corporations or limited liability companies engaging in trading activities.
  • Trust Account: For accounts held in a trust, allowing for specific management and distribution of assets.
  • Partnership Account: Designed for trading partnerships, allowing multiple partners to manage the account collectively.
  • Ironbeam Broker Account Opening Process

    Opening an account with Ironbeam is a straightforward process:

    • Application: Visit the Ironbeam website and click on the "Open an Account" button. Create an application login and fill out the application corresponding to your desired account type.

    • Review and Approval: After submitting the application, it will be reviewed and typically approved within 1-2 business days. Additional documentation may be requested via email.

    • Funding the Account: There is no minimum deposit required to open an account; however, you must meet margin requirements for futures contracts to trade. New accounts can be funded with any dollar amount.

    • Account Types: Ensure you select the appropriate account type based on your trading needs, whether it be individual, joint, IRA, corporate, trust, or partnership.

    • International Accounts: Ironbeam also opens accounts for traders outside the United States. For inquiries regarding account availability in your country, you can contact Ironbeam directly.

    • For more information, visit the Ironbeam New Account FAQs.

Ironbeam accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Ironbeam Account