Quebec Quarterly Client Profitability1

  Q2 2023 Q3 2023 Q4 2023 Q1 2024

Number of Accounts

Profitable Accounts 67 ( 33% ) 75 ( 42% ) 72 ( 38% ) 65 ( 37% )
Unprofitable Accounts 134 ( 67% ) 105 ( 58% ) 117 ( 62% ) 112 ( 63% )
Total 201 180 189 177

The calculation is based on a 12-month period preceding the date on which it is performed and includes realized and unrealized profit and loss, net of commission, financing charges, trade adjustments and dividends. The population used in the above calculation includes all Friedberg Direct accounts, excluding FXCM Pro accounts, that were under Friedberg Direct at any point during the 12 month period.

Derivatives offered to Quebec residents are authorized by the Quebec AMF.

Past Performance: Past Performance is not an indicator of future results.

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