Trading metal futures for US residents

Discussion in 'Retail Brokers' started by Buurzgoth, Dec 10, 2010.

  1. From what I understand, US residents are not allowed to trade in futures which are not specifically authorized by SEC (or some other agency, doesn't matter) which unfortunately also means that we can't trade on LMEX metal futures.

    Does anyone know if these rules are actually enforced, either by brokers (specifically IB) or by government? Is there any way to get around this, other than ETFs which are not really a good substitute?