Buy Direction Letter – Foreign Currency
Use these forms to purchase foreign currency with your IRA.
Print and Mail
FREQUENTLY ASKED QUESTIONS
What is the process to invest in foreign currency (i.e. FOREX) with my IRA?
Once you have identified a foreign currency provider you would like to work with, you will need to submit a completed and executed Buy Direction Letter – Foreign Currency along with the purchase details of your currency selection.
What fees are associated with investing in foreign currency?
There is a $125 transaction fee to purchase foreign currency within your Self-Directed IRA regardless of the value of the currency purchased. A detailed overview of all account fees can be found in the Fee Schedule.
How long will it take to complete a foreign currency transaction?
Once Vantage has received the Buy Direction Letter – Foreign Currency and all supporting purchase documentation in good order, your purchase request will be completed within 2 business days. You can expect to receive an email confirmation once your request has been processed.