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Pros

Multiple account types tailored to different trading needs and preferences.
Wide range of trading tools and resources to support various aspects of trading.
Demo accounts available for practice, allowing traders to familiarize themselves with the platform risk-free.

Cons

Unregulated, raising concerns about transparency and investor protection.
Fees charged for using most trading platforms, potentially increasing overall trading costs.
Suspicious regulatory license and scope of business, indicating high potential risk for traders.

Sweet Futures broker Accounts

Sweet Futures Account Type

Sweet Futures offers a variety of trading account types tailored to meet the needs of different clients, including individuals, trusts, corporations, partnerships, and managed futures accounts. Each account type has specific documentation requirements:

  • Individual Accounts:
    • U.S. Citizens or Resident Aliens:
    • Completed and signed account forms
    • Employer consent letter if employed by a broker-dealer or bank
    • Personal funds letter stating no external funds will be solicited
    • Government-issued ID (drivers license, passport)
    • Foreign Citizens:
    • Completed and signed account forms
    • Government-issued ID (passport)
    • Signed foreign certification form
    • Employer consent letter if employed by a broker-dealer or bank
    • Personal funds letter
    • Proof of residency or citizenship if from non-cooperating FATF countries
    • Trust Accounts:
      • U.S. Trusts:
      • Completed and signed account forms
      • Trust agreement identifying trustees and authority
      • Government-issued ID for all trustees
      • Foreign Trusts:
      • Similar requirements as U.S. Trusts, with documents in English or certified translations.
      • Corporate Accounts:
        • U.S. Corporations:
        • Completed and signed account forms
        • Articles of incorporation and by-laws
        • Proprietary funds letter
        • Government-issued ID for all officers and significant shareholders
        • Foreign Corporations:
        • Similar requirements as U.S. Corporations, with documents in English or certified translations.
        • Partnerships and Limited Liability Companies:
          • Completed and signed account forms
          • Partnership/operating agreement and state filings
          • Government-issued ID for authorized partners and significant stakeholders
          • Managed Futures Accounts:
            • Complete a limited power of attorney form in addition to the account form.

            For detailed documentation requirements, visit Sweet Futures Account Types.

            Sweet Futures Broker Account Opening Process

            To open an account with Sweet Futures, follow these steps:

            • Choose Account Type: Determine the appropriate account type based on your status (individual, trust, corporation, etc.).

            • Complete Required Forms: Fill out the necessary account forms specific to your chosen account type.

            • Gather Documentation: Collect all required documentation, including identification, consent letters, and any other necessary forms.

            • Submit Application: Send the completed account forms and documentation to Sweet Futures for review.

            • Account Approval: Once your application is reviewed, you will receive approval or further instructions if additional information is required.

            • Fund Your Account: After approval, fund your account via wire transfer, check, or other acceptable methods as outlined by Sweet Futures.

            • For more details on the account opening process, visit Sweet Futures Account Opening.

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