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Execution & Rollover

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Our prices will be our objective view of the bids and offers available to arm's length market participants in respect of transactions of a normal market size and is the main way we will ensure that the client obtains the…

Contingent Order Information What is a Contingent Order type? Users are also allowed to place their own contingency order type. This is an order that is in some way linked and ‘contingent’ on the triggering of another order. The options…

If a better price [than initially offered] becomes available before your trade executes, Friedberg Direct will always give you the best available price. When an order fills at a better or more favorable price than the price you request, it…

Rollover is the interest paid or earned for holding a position overnight. Each currency has an overnight interest rate associated with it, and because Forex is traded in pairs, every trade involves not only two different currencies, but their two…

5 PM in New York is considered the beginning and end of the Forex trading day.  Any positions that are open at 5 PM EST sharp are considered to be held overnight, and are subject to rollover.A position opened at…

Friedberg Direct closely tracks and clearly displays rollover rates. Please be advised, interest rates are provided to Friedberg Direct by multiple liquidity providers. Every effort is made to display rollover rates one day before they are posted to your account.…

This order functions exactly like an open market order with the added benefit of allowing traders to set an “acceptable” range at which they would like to be filled. Open range orders are ideal for limiting negative slippage.  To place…

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

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.

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