FTC's Frequently Asked Questions
How do I set up a trading account?
There are three ways to set up an account:
Click here to request an application via U.S. Postal Service.
Click here to fill out an application online.
Click here to download an account application. Click on the appropriate link under "Print Forms".
How much money do I need to deposit to open an account?
There is no minimum deposit to open an account.
Can anyone trade futures and options?
Futures trading is not appropriate for everyone. As long as the individual meets the requirements of the industry (prove financial suitability) they can open an account .
Can the money in my margin account gain interest?
Generally speaking, no. Ask us for further details.
How are the tax consequences different for hedge and speculative accounts?
When a trade is placed in a hedge account, the gains or losses are recognized as ordinary income or expense; you will be paying social security tax and income tax. Speculative transactions are recognized as capital gains or capital losses. You should consult with your tax advisor for further details.
How safe is my money in a futures/options trading account?
Click here for a detailed answer
Please contact us if there are any questions we haven't address above.
Disclaimer: This material has been prepared by a sales or trading employee or agent of Farmers Trading
Company and is, or is in the nature of, a solicitation. This material is not a research report prepared
by Farmers Trading Company’s Research Department. By accepting this communication, you agree
that you are an experienced user of the futures markets, capable of making independent trading
decisions, and agree that you are not, and will not, rely solely on this communication in making
DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY
LAW. PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD
INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR
RESTRICTIONS. TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION
INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION
WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION
SHOULD NOT BE CONSIDERED A SOLICITATION.
The risk of loss in trading futures and/or options is substantial and each investor and/or trader must
consider whether this is a suitable investment. Past performance, whether actual or indicated by
simulated historical tests of strategies, is not indicative of future results. Trading advice is based on
information taken from trades and statistical services and other sources that Farmers Trading
Company believes are reliable. We do not guarantee that such information is accurate or complete
and it should not be relied upon as such. Trading advice reflects our good faith judgment at a
specific time and is subject to change without notice. There is no guarantee that the advice we give
will result in profitable trades.