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Trading Basics

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At the top of your trading platform click on the Report, button to view your Combined Account Statement. On the statement the "Condition" column indicates the order type that closed the trade. The "Created By" column indicates where the order…

Margin and leverage are two sides of the same coin. While margin is the good faith deposit traders need to maintain open positions, leverage is the ratio between the margin that the trader had to set aside, and the notional…

Usable Margin: is the amount of account equity that is currently not being used to maintain open positions. Usable Margin should be thought of as two things: The amount available to open NEW positions The amount that EXISTING positions can move…

Margin can be thought of as a good faith deposit to maintain open positions. This is not a fee or a transaction cost, it is simply a portion of your account equity set aside and allocated as a margin deposit.…

Friedberg Directs trading hours vary by product. For Forex, trading opens on Sundays between 5:00 PM ET and 5:15 PM ET and closes on Fridays around 4:55 PM ET. For CFD trading hours, click here.

Friedberg Direct offers several account types to meet your trading needs including mobile trading, automated trading, or Mac-compatible platforms. You can compare the features of our platforms at the Forex Trading Platform Comparison page. The most popular platform is the award-winning Trading…

If the requested price of a stop or stop entry order is reached at the open of the market on Sunday, the order will be filled at the next available price and may experience negative slippage depending on the change…

Slippage is a factor when trading any financial market.   Slippage occurs when the market gaps over prices or because available liquidity at a given price has been exhausted. Market gaps normally occur during fast moving markets when a price…

At the top of your trading platform click on the Report button to view your Combined Account Statement. On the statement the “Condition" column indicates the order type that closed the trade. The “Created By” column indicates where the order…

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.