Do you accept managed IRA futures accounts? Managed futures accounts and commodity pools are allowed for both IRA and Roth IRA investment. You may use your current IRA custodian or open a new IRA from the custodians listed here. What is the difference between a managed futures account and a commodity pool? A commodity pool is an enterprise in which funds contributed by a number of persons or entities are combined for the purpose of trading futures or options contracts. The concept is similar to a mutual fund in the securities industry. Commodity Pools are generally private placements exempt from registration from the SEC under Reg D. Pools are highly regulated and restrictive to participants from various regulatory agencies such as the SEC, CFTC and NFA as well as individual State laws. Generally commodity pools are only offered to accredited investors and in some States may only be offered to accredited investors. Individual managed futures accounts may be offered to both accredited and non-accredited investors and have few State restrictions. They are regulated by the CFTC and NFA only. Who may participate in our commodity pool? Accredited investors that meet individual State guidelines for participation. Individual accredited investors must satisfy one of the following standards: (a) have a combined net worth with their spouse in excess of $1,000,000; (b) have individual income for the past two years and a reasonable expectation of income for the current year in excess of $200,000, (c) have joint income with their spouse in excess of $300,000 for the past two years and a reasonable expectation of such income for the current year; or (d) be a director or executive officer of the company. Accredited investors also include banks, savings and loan associations, brokers, dealers, insurance companies, and other institutions. Under some circumstances, accredited investors may engage in securities purchases exempted from registration requirements. The SEC allows 35 non-accredited investors to participate in a Reg D 506 filing. Regardless of SEC requirements for non-accredited investors Individual States may restrict participation to only accredited investors residing within certain States. How do I contact The Miller Group, LLC? Our phone number is (800) 590-0086 and our mailing address can be found here. Is The Miller Group a USA based company? The Miller Group, LLC is incorporated in the State of Florida. Our office is located in Pompano Beach Florida. Is The Miller Group a registered and licensed brokerage firm? The Miller Group, LLC is registered with the CFTC and a member of the NFA, ID # 367351. The sole principal of The Miller Group, LLC has been licensed with the NFA since 1990 as a CTA, CPO, AP and principal. More background information on the firm and its principal can be found here. Are there any material complaints pending or concluded against The Miller Group, LLC? None. How do I receive my account statements? Individual managed futures accounts will receive trade and monthly statements from the FCM. Commodity pools receive detailed statements from the CPO either monthly or quarterly. Are there any restrictions on closing or withdrawing money from my managed futures account? No. How do I ad money to my account? Please notify The Miller Group, LLC when adding funds to your existing managed futures account. How do I wire money to or from my account? Call The Miller Group directly for wire instructions. Is investing in managed futures a suitable investment for me? The SEC, CFTC, NFA and certain States require and restrict participation in private offering and participating in managed futures programs to only investors that meet certain suitability requirements. Investments in this managed futures program are available to both “Accredited” and “Non Accredited” investors, who meet stringent suitability standards. You should contact both your tax and financial advisor prior to investing in this trading program. The Miller Group reserves the right to to refuse any individual or entity from this trading program. Foreign investors are subject to a full background check with the FBI and DHS as well as verifiable proof of good clear funds. What are the risks of investing in managed futures? As with any investment there is a risk of loss for part or all of your investment. Please see Risk Factors for detailed information of the risks associated with this managed futures program. No. This trading program eliminates the possibility of a margin call. Can I loose more than I invest? No. This trading program eliminates the possibility of a deficit call. Can I trade my own account with The Miller Group, LLC? No. The Miller Group only accepts managed futures accounts. You must call The Miller Group, LLC to ensure suitability for our managed accounts program. We will then issue a username and password allowing you to download all required paperwork from this site. What are the tax consequences of managed futures? Please contact your personal tax consultant. What is the minimum investment? For individual managed futures accounts $10,000 USD For all other products please call. All trading and trading decisions will be made by Frank Miller only. The Miller Group LLC does not utilize any 3rd party or "News Letters" for trade decisions nor do we accept letters of direction. Do you accept accounts from Foreign Nationals and Corporations? All foreign nationals must establish a bank account within the USA with a top 10 USA based bank. All bank transactions to and from your managed futures account must be made from this bank account. We require full background check that will include 2 fingerprint cards taken in the presence of an official at your local US Embassy or State Department field office for review by the FBI and or other law enforcement agencies (both foreign and domestic) prior to opening an account. All costs involved for background checks are to be paid by the client. All principals or foreign corporations are required to comply with a full background check. All funds from foreign individuals and corporations must be sourced to demonstrate these funds are legitimate and are from "good clean" origin. |
Managed futures and financial commodity options account. Managed futures trading can involve significant risk of loss in managed futures trading. Managed futures, commodity and options account. Managed futures and commodity options can provide portfolio diversification benefits. CTA, CPO- IRA Managed futures and commodity options. Member of the national futures association (NFA) and regulated by the commodity futures trading commission (CFTC). The risk of loss exists in managed futures and commodity trading. Registered Commodity Trading Advisor Recommended managed commodity futures account programs. Managed IRA commodity futures account investors seeking alternative investment for their IRA and Roth IRA account. Managed commodity accounts trading commodities for IRA and individual managed accounts. Managed commodity futures investments Registered Commodity Trading advisor and commodity pool operator trading managed futures and commodity accounts. Alternative investments, including hedge funds involve a high degree of risk, speculative investment practices may increase the risk of investment loss, may involve complex tax structures and delays in distributing important tax information, are not subject to the same regulatory requirements as mutual funds, often charge high fees which may offset any trading profits, and in many cases the underlying investments are not transparent and are known only to the investment manager. The performance of alternative investments, including hedge funds, can be volatile. An investor could lose all or a substantial amount of his or her investment. Often, hedge fund account managers have total trading authority over their funds or accounts; the use of a single advisor applying generally similar trading programs could mean lack of diversification and, consequently, higher risk. There is often no secondary market for an investor's interest in alternative investments, including hedge funds and managed futures.
