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Rollover

Rollover
What is Rollover?

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…

Rollover
When is rollover booked?

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…

Rollover
Where is rollover shown?

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.…

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 www.cipf.ca.

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