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CFD Trading

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Dividends may impact the amount of overnight costs you pay or earn on your Index CFD position.  Index CFD's are made up of a group of stocks that may pay dividends throughout the year.  When a dividend is paid on…
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At FXCM, the financing cost for your CFD trade is referred to as ‘rollover.' This is the interest paid for holding a position past 5 PM EST and is based on the size of the position. The formula for financing…
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CFD prices are derived from the underlying index or spot product. For Friedberg Direct Index CFD products, the quoted price is based on the relevant futures price minus a commonly used Fair Value. For Commodity CFD products, the price is based on the relevant futures price.

Due to the global nature of CFDs, traders should be aware of special holiday trading hours observed in each market. Friedberg Direct has provided a monthly calendar below listing special trading hours during holidays for major markets. Please note that…
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Energy CFDs, which include UK Oil, US Oil, and NGAS have a monthly expiration. Treasury CFDs, like Bund, have a quarterly expiration. Copper, the only metal with an expiration, expires every two months. All other CFD contracts will be treated…
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Order Execution Only

Order Execution Only

Regulatory Documents:
CIRO: Avoiding Fraud and Protecting Your Investments, How CIRO Protects Investors, CIRO Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, CIRO Order Execution Only Bulletin, Conflict Disclosure Statement, Covid-19 and Cyber Security - Tips for Investors, Relationship Disclosure Information Document, Notice of Acknowledgment, 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 Canadian Investment Regulatory Organization (CIRO). 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.

* The percentage of our retail client accounts that were profitable in each of the previous most recent quarters was: Quarter 4, 2025: 41% | Quarter 3, 2025: 41% | Quarter 2, 2025: 34%. These figures are provided for transparency purposes only and do not constitute an indication of future performance or results.