Open An Account

IBS Metals, acting as the customer's representative, introduces or refers customer precious metals accounts to Alliance Financial, LLC, a Principal Market Maker.

Getting started is easy.   Prior to entering into your first trade, you must make application to become a customer of IBS Metals and deposit funds to cover your minimum account balance requirement.   IBS Metals may extend Trade Credit Lines upon request subject to its current credit criteria.

Step 1 DOWNLOAD — Select and download the appropriate application package in pdf format by clicking on the link below.

Open a PMAP account and let the power of price averaging work for you!
Or open an active trading account by executing a Spot Agreement and designating an Introducing Broker. Spot Agreement Account holders are eligible for additional account options.
** Forward Agreements and/or Collateral-based Financing is only available for non-speculative commercial purposes or where actual physical delivery occurs.

Note: These applications contain standard paperwork only. Should, upon review of your submission, your individual situation require additional documentation, you will be notified by an IBS representative.

Step 2 PRINT, READ & EXECUTE — Print and read the documents thoroughly before signing them. By signing these documents you are stating that you understand the risks associated with precious metals trading and your obligations under the agreement.


Step 3 MAIL — Forward the original signed documents to IBS Metals, along with your initial deposit to the address listed below (remember to keep a copy for your records):

IBS Metals
721 E. Madison — Suite 100
Villa Park, Illinois 60181
Attn: New Accounts

To expedite the initial review process, you may, in addition to mailing the originals, FAX a copy to 312 / 582-6738.



**Forward Agreements and/or Collateral-based Financing is only available for non-speculative commercial purposes or where actual physical delivery occurs.

ANTI-TERRORISM and ANTI-MONEY LAUNDERING NOTICE

Important Information About Procedures for Opening a New Account — To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identified each person who opens an account.

What this means for you — When you open an account, we will ask you for your name, address, date of birth and other information that will allow us to identify you. You may also be asked to provide a copy of the following Photo Identification Documents: a valid driver's license, a valid state issued ID card, a valid passport or other identifying documents.

PRECIOUS METALS RISK DISCLOSURE — There is risk of loss from Precious Metals trading. Past results are not necessarily indicative of future results. Precious Metals trading, even when done by a professional trader, presents substantial risk of loss, and only funds that a customer can afford to lose should be used for Precious Metals trading. You should carefully examine whether or not Precious Metals trading is suitable for you in light of your financial condition.

Funds deposited with an OTC Precious Metals dealer are not required and will not be segregated for the benefit of OTC Precious Metals customers and no preferential treatment will be provided these funds in the event of a dealer bankruptcy.

PRECIOUS METALS BORROWING/LENDING RISK DISCLOSURE — There is risk of loss in borrowing or lending of physical precious metals. You should carefully consider the risks associated with such borrowing or lending in the light of your individual financial circumstances.

PRECIOUS METALS GOOD FAITH DEPOSIT NOTICE — Because precious metals prices often fluctuate violently between the Trade Date and a trade's Settlement Date, IBS Metals/Alliance generally require a Good Faith Deposit (cash or collateral) of approximately 10% of the face value of the physical precious metals to be bought/sold to be on deposit prior to entering into binding transactions.

This Good Faith Deposit must be on deposit prior to entering into a trade or quoting firm prices. IBS Metals/Alliance will provide "indication only" price quotations on request prior to receipt of the required Good Faith Deposit. Adverse market movement will require the posting of additional funds/collateral on short notice.