Wire transfers should be sent to Friedberg Mercantile Group LTD. CAD DepositsBank:Bank of MontrealSWIFT Code:BOFMCAM2Transit/Branch #:00022Financial Institution Code:001BeneficiaryFriedberg Mercantile Group LTDBeneficiary Address181 Bay Street, Suite 250 Toronto, Ontario M5J 2T3Beneficiary Bank AddressFirst Canadian Place, 100 King St.W Toronto, Ontario, M5X…
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Friedberg Direct understands that each trader is different and we work to cater toward individual needs. This is why we introduced the standard, and Active Trader account types. While all traders have access to Friedberg Direct's 24/7 Live Support and…
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Cash and cash equivalents cannot be accepted as we are unable to verify the origin of these funds. They will be returned upon receipt. Instead, you any use any of our other deposit methods available on MyFXCM.com.
Friedberg Direct has funding instructions for multiple currencies. If you wire funds in a currency other than the denomination of that bank account, the bank will automatically convert it to the denominated currency at an exchange rate specified by them,…
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Deposits received from an account in a different name and/or held by someone other than the trading account holder constitutes a third party deposit. This also applies to corporate funds received for an individual account and similar scenarios.
The deposit choices Friedberg Direct offers have been selected to provide the most convenient and reliable options to fund your account. Any method other than those listed is not recommended and could prevent or cause delays in Friedberg Direct crediting the funds to your account.
Card deposits will appear on your card issuer's statement as a "purchase."
Credit or debit card transactions are converted to the base currency of your Friedberg Direct trading account when applicable. You may incur additional fees charged by your credit/debit card issuer for currency conversion.
Wire transfers will be deposited into your trading account generally within one business day after receipt at our bank.
No. Third Party deposits violate Friedberg Directs Anti-Money Laundering policies and as such Friedberg Direct cannot accept any payments via a third party. Should third party funds be received, Friedberg Direct may ask for supporting documentation such as a Wire…
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Friedberg Direct cannot accept funds sent through exchange houses. These types of financial institutions are considered high-risk for money laundering. Any funds received via this method will be returned upon receipt.
Domestic wires generally take 1 to 2 business days to arrive at Friedberg Direct. International wires generally arrive in 3 to 5 business days.
