Open An Account

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.

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

Step 1

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

AF SPOT Account Application - REQUIRED
IB Designation Form OR
ReIntroduced Broker Designation Form- REQUIRED

SPOT Account holders are eligible to enter into the following:

Physical Metals Lending Account
Earn income on your physical precious metals holdings.
Physical Metals Borrowing Account
Acquire the use of precious metals at lower than U.S. Dollar financing rates.
Margined Forward / Collateralized Financing** Account
Deferred Delivery including trading conducted over the Internet on TheBrokersDesk.com and Portfolio Financing of physical precious metals holdings.
Precious Metals Accumulation Program Package
This package contains the following in one document:
- Trading Application
- Spot Precious Metals Account Agreement
- Precious Metals Accumulation Program Rider
- IBS Metals Introducing Broker Assignment
Execute these documents and arrange to fund each month’s purchase by the 10th business day of the month.

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
53 West Jackson Boulevard — Suite 450
Chicago, Illinois 60604
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.

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.