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Wire FAQs

Friedberg Direct accepts funds in USD and CAD. Please note that if you send a currency outside of CAD or USD the bank will automatically convert at an exchange rate specified by them, which may not necessarily be favorable.

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…

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, Covid-19 and Cyber Security - Tips for Investors, Relationship Disclosure Information Document, Before You Begin Trading

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