What documents do I need to open a Corporate account?

FOR CORPORATE ENTITIES:

1. Certificate of Incorporation for the business as evidence of business registration.
2. Articles of Organization, or the comparable official document, indicating that the signers are members of the corporation and authorized to set up the Friedberg Direct account.
3. Breakdown of Shares/Share Registry. If any shareholder owns 10% or more of the entity, Friedberg Direct will require an identification card, proof of address, W-8BEN form, Client Acknowledgement Form, and a original bank, loan/mortgage or credit card account statement (scanned or photographed).
4. Additional Verification (one of the following):

• Proof of residence and additional identity verification cannot be both financial statements.
• Bank or Loan/Mortgage account statement dated within the last three months and issued for the address indicated on the application (PO Boxes are not acceptable).
• Voided cheques, bank drafts and direct deposit forms are not acceptable.
• Bank Letter ated within the last three months and issued for the address indicated on the application (PO Boxes are not acceptable).
• The account number held at the bank must be listed.
• It must be signed, dated and stamped, listing the contact number of the bank's representative who issued the letter or the branch manager.
  
  
  1. Corporate W-8BEN-E Form (must be signed by authorized trader).
  2. Proof of Active Status for Corporations that were registered at least 2 years prior to the date of account application (tax filing, notice of assessment, or other similar corporate filing).
  3. Legal Entity Identifier (LEI) Note: If you do not have a Legal Entity Identifier (LEI), please proceed to the GLEIF's website or the Ontario Securities Commission’s website for instructions on how to obtain one.

Note: If a corporation is a 10% or more shareholder of the corporation applying for the trading account, please also provide items 1-6 for that corporation.

FOR PARTNERSHIPS:

1. Stamped and filed copy of the Partnership Agreement as evidence of business registration. The signers of the partnership must be members and authorized to set up the Friedberg Direct account.
2. Proof of shareholders, partners and/or beneficiaries. If any shareholder owns 10% or more of the entity, Friedberg Direct will require an identification card, proof of address, W-8BEN form, Client Acknowledgement Form, and a original bank, loan/mortgage or credit card account statement (scanned or photographed).
3. Additional Verification (one of the following):

• Proof of residence and additional identity verification cannot be both financial statements.
• Bank or Loan/Mortgage account statement dated within the last three months and issued for the address indicated on the application (PO Boxes are not acceptable).
• Voided cheques, bank drafts and direct deposit forms are not acceptable.
• Bank Letter dated within the last three months and issued for the address indicated on the application (PO Boxes are not acceptable).
• The account number held at the bank must be listed.
• It must be signed, dated and stamped, listing the contact number of the bank's representative who issued the letter or the branch manager.

4. W-8BEN-E Form in the name of Partnership (must be signed by authorized trader).
5. Proof of Active Status for partnerships that were registered at least 2 years prior to the date of account application (tax filing, notice of assessment, or other similar partnership filing).
6. Legal Entity Identifier (LEI) Note: If you do not have a Legal Entity Identifier (LEI), please proceed to the GLEIF's website or the Ontario Securities Commission’s website for instructions on how to obtain one.

Note: If a corporation is a 10% shareholder of the partnership applying for the trading account, please provide items 1-6 from the Corporate Entities section.

We recommend submitting your documents as scanned images (JPG, GIF, DOC, or PDF—no password protection, please) via email to our New Accounts department at admin@fxcm.ca OR via fax to: (887) 229 0004.