The group of Friedberg companies began in 1971, is headquartered in the financial district of Toronto and manages over $2 billion in assets. Throughout its history Friedberg has specialized in managing money in non-traditional asset classes. Today, Friedberg manages assets for a wide variety of retail and institutional investors. The group of Friedberg companies are a family-owned business. It is the policy of the Friedberg family to be the lead investor in any investment product offered by the company.
Friedberg Mercantile Group Ltd. (FMGL)
FMGL is the Toronto-based brokerage arm of the group, operating one of the oldest and largest independent futures and foreign currency brokers in Canada, with a full-service and discount division in Toronto. It was the leading clearing broker at the Toronto Exchange and is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. FMGL is a manager for currency, global fixed income and global equity portfolios. FMGL also publishes Friedberg's Commodity & Currency Comments, which provides analysis and recommendations on financial markets. This highly-respected newsletter has kept clients and subscribers current with the Friedberg Group's investment thinking since 1971.
Friedberg Direct (FD)
FD is the Toronto-based On-Line Discount Brokerage division of Friedberg Mercantile Group Ltd. offering direct access to Non-US persons to Spot Foreign Currency and Contracts For Difference (CFD) Trading on equities, indices, bonds and commodities through dynamic, on-line trading platforms. Accounts with Friedberg are covered by the Canadian Investor Protection Fund.
Friedberg Direct powered by FXCM & AVATRADE technology
THREE COMPANIES, ONE GOAL
The relationship between Friedberg Direct and both FXCM and AVATrade was formed with the purpose to allow Canadian residents access to two of the world's most recognized companies in Forex and CFD trading, their suite of products and technology, including their award-winning trading platforms, lightning-fast forex execution and other operational services, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC). Friedberg is also a member of the Canadian Investor Protection Fund (CIPF).
Friedberg customers’ accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.
Friedberg Direct's straight through processing engine adapted for Canadian traders
All accounts are held by Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of IIROC and CIPF
FXCM & AVATrade license their technology and brand to Friedberg Direct, and are not investment dealers