Friedberg Direct (FD),
based in Toronto, came in to being in 2006 and is part of the Friedberg Mercantile Group Ltd.
which is regulated by the Investment Industry Regulatory Organization of Canada (IIROC
) and is also a member of the Canadian Investor Protection Fund (CIPF
). Being a member of CIPF covers all accounts up to the value of $1,000,000.
Friedberg Direct has a relationship with Forex Capital Markets (FXCM
) whereby its clients have access to all FXCM’s products, mainly its No Dealing desk forex trading, while still having their account under Canadian regulation.
Accounts can be opened in the following base currencies: Canadian Dollar (CAD), US Dollar (USD) and Customer Service supports 12 languages.