Card deposits will appear on your card issuer's statement as a "purchase."
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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Wire transfers will be deposited into your trading account generally within one business day after receipt at our bank.
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.
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.
The best way to send the information is through MyFXCM Upload Documentation. In MyFXCM Upload Documentation, select “Source of wealth and Source of funds” as the document type. This is the most secure method and will ensure the request gets…
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The corporate breakdown of shares or Share Registry should be within the official Articles of Organisation. If your documents do not contain this information, you may submit a separate document on your company’s letterhead indicating the company’s Share Breakdown. This…
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No, you can only withdraw with a bank wire and/or a card refund.
How do I withdraw funds?
To open an account in the name of a trust, the terms of the trust must not prohibit or conflict with the terms of the Client Agreement or Trustee's resolution. You will need to provide Friedberg Direct with a copy…
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Please do not send funds using a Prepaid or Gift Card. The origin of funds using gift cards or prepaid cards cannot be verified and therefore are not accepted. Deposits received in this manner will be returned to the originating card.
You may withdraw via wire transfer. The beneficiary bank account should belong to the Trust or a Trustee ATF the Trust.
Within minutes of making a deposit, an email containing your transaction information will be sent to the email address as indicated on the online deposit form.
