Support Board

Date/Time: Sun, 28 Apr 2024 07:16:35 +0000

Post From: Trading in Retirement Accounts

[2018-09-26 13:34:21] Link To Thread - Link To Post [Go To First Post]
User288945 - Posts: 22
I need some help with setting up my accounts. My primary concern is I have two retirement accounts a Roth and a regular. Currently they are 401k's and I will need to roll them over to IRA's. No problem. I am in Fidelity at the moment and I was trying to set up my accounts with Optimus and AMP with CTS and Sierra Charts data. To do this I need to have a custodian like Midland or a half dozen other firms. The fees from Midland along with a $250 cash reserve each account that they hold (in case you decide you don't want to use them anymore, becomes your exit fees). With the reserve it will cost about $1500. to set up the accounts. That's overcharging to my way of thinking. If go to TDAmeritrade or IB no fees at all just a higher commission structure. TDAmeritrade won't do futures and forex in a retirement account. IB will but I have read very carefully what is posted on here and the problems with IB. Any recommendations? That brings me to my trial. I had about a week for testing before I had to drop everything and prep for Hurricane Florence. I was lucky and wasn't damaged here in Raleigh. I would really appreciate it if I could have an extension to continue learning the system while trying to sort out this mess. Thanks