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Trading Basics

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Trading on Margin (Trading with Leverage*) is a common attraction of the forex market. It allows you to open trades that are larger than the capital in your account. Trading on margin can both positively and negatively affect your trading…

As a general rule of thumb, we recommend limiting total account leverage to a maximum of 10:1. For example, if you have an account balance of $10,000, you could trade a maximum position size twenty times larger than your account…

The usable margin column in the accounts window of the Trading Station shows the amount of funds you have remaining in your account to open new positions or guard against losses. There are two things that can decrease your usable…

A Margin Call will occur on a trader's account when: Usable Margin is less than 0 When a trader's Equity is less than Used Margin When positions are over-leveraged or trading losses produce insufficient equity to maintain current open positions, a…

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.