Accounts Window

The accounts window shows all your pertinent account information, such as your: equity, used margin and usable margin.

The accounts window displays the details of your account. The equity is the value of your account. The Day p/l shows your profit or loss in pips for the current trading day. The used margin is the required amount of your equity that is set aside as a good faith deposit in order to maintain your position. The usable margin is the equity available in order to absorb potential losses or open new trades. The gross P/L is the profit and loss in dollar terms. The margin column tells you whether or not your account has received a margin call. A margin call occurs when your usable margin falls below zero. When this occurs all open trades are automatically closed.

Disclosure

Educational Videos: All videos are provided for educational purposes only and clients should not rely on the content or policies as they may differ with regards to the entity that you are trading with. Further, any opinions, analyses, prices, or other information contained on this website is provided for educational purposes, and does not constitute investment advice. Friedberg Direct will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Order Execution Only

Order Execution Only

Regulatory Documents:
IIROC Brochure: How Can I Get My Money Back, How IIROC Protects Investors, IIROC Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, IIROC Order Execution Only Bulletin, Conflict Disclosure Statement

The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, 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 customer 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.