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Depositing Funds to your Friedberg Direct Account

Debit/Credit Card: The Debit/Credit link below will reroute you to MyFXCM.com. Debit & Credit transactions via MyFXCM.com may be instantly available to you in your Friedberg Direct trading account. All live clients have access to MyFXCM through their live account login details. This is the same login that is used to access the Trading Station platform.

Credit & Debit Card Deposits

CREDIT & DEBIT(USD and CAD)

$10,000 MAX per calendar month.

Link (the image at left) opens in a new window.

Bank Wire Transfer Deposits

 

Canadian Dollar Deposits

 

Bank: Bank of America, N.A. - Canada Branch

SWIFT Code: BOFACATT

Transit/Branch #: 56792

Financial Institution Code: 241

Beneficiary: Friedberg Mercantile Group LTD

Beneficiary Address: 181 Bay Street, Suite 250 Toronto, Ontario M5J 2T3

Beneficiary Bank Address: 200 Front Street West Toronto, Ontario, M5V 3L2

Beneficiary Account #: 49495203

REF: For Further Credit to Client's Name and Client's Account Number

Bank Wire Transfer Deposits

 

US Dollar Deposits

 

Bank: Bank of America

ABA # (Domestic): 026009593

SWIFT Code (Int'l): BOFAUS3N

Beneficiary: Friedberg Mercantile Group LTD

Beneficiary Address: 181 Bay Street, Suite 250 Toronto, Ontario M5J 2T3

Beneficiary Bank Address: 150 Broadway New York, NY 10038

Beneficiary Account #: 483037479823

REF: For Further Credit to Client's Name and Client's Account Number

Note: Friedberg Direct cannot guarantee exchange rates for deposits not made in the currency denomination of the account. If you do not plan to wire funds in the denomination of your desired trading account, please contact Operations at: admin@fxcm.ca.

 

NO CASH Deposits or Internal Transfers: Please DO NOT initiate internal transfers or submit branch deposits (cash or check deposits) directly into our bank accounts. Friedberg Direct can neither guarantee the receipt nor the return of cash deposits made at a bank branch. Deposits that are made directly into our bank accounts arrive with insufficient information, which will cause a significant delay in the allocation of funds to your trading account. Branch deposits may be held by Friedberg Direct for up to thirty days or longer before being released as part of our due diligence process.

 

No Third Party payments: Friedberg Direct does not accept funds for any trading account via a third party. We can neither guarantee the receipt, nor the return of such payments. Please keep in mind that restrictions on third party payments are set by banks and Canadian authorities, which have developed extensive procedures, regulations, and laws to stop the transfer of illegal funds, commonly known as money laundering.

High Risk Investment Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Please read our Full Risk Warning.

Please note the information on this website is primarily intended for retail customers.

Friedberg Direct is a division of Friedberg Mercantile Group Ltd. , a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF), and all Canadian Exchanges. Friedberg Mercantile Group Ltd. is headquartered at 181 Bay St., Suite 250, Toronto, ON M5J 2T3, Canada.

Accounts are opened with and are held by Friedberg Direct which clears trades through a subsidiary of FXCM Inc, a publicly traded company listed on the New York Stock Exchange (NYSE:FXCM). Customers of Friedberg Direct may, in part, be serviced through subsidiaries of FXCM Inc. FXCM Inc does not own or control any part of Friedberg Direct and is headquartered at 55 Water St., 50th Floor, New York, NY 10041 USA.

§ Friedberg Direct’s liquidity providers include global banks, financial institutions, prime brokers and other market makers.

© Copyright 2014 by Friedberg Direct. All rights reserved.

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