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Getting started is easy. Prior to entering into your first trade, you must make application to become
a customer of Alliance and deposit funds to cover your initial trade. Alliance may extend Trade Credit Lines upon request
subject to its current credit criteria. Application is a two-step process.
Step 1 — Determine the type of trading activity that you are interested in. Alliance offers the following five distinct trading vehicles:
Step 2 — Download, complete and return the Trading Application and the corresponding
Account Agreement(s). These documents will allow us to establish a trading account for you and set up
trading lines. The Trading Application provides us with the required financial information necessary
to allow us to make a credit determination and to establish your Trading Lines.
| **Forward Agreements and/or Collateral-based Financing is only available for
non-speculative commercial purposes or where actual physical delivery occurs. |
| RISK DISCLOSURE STATEMENTS |
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.
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