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Do you offer corporate/business accounts?

Yes, we provide corporate accounts. When submitting the application, please choose the account registration option "Corporate Account".

Along with the required documents for an individual account, corporate accounts are required to submit a certified copy of the certificate of incorporation for the business as evidence of business registration, and articles of organisation, or a comparable official document, indicating that the signers are members of the corporation and authorised to set up the Friedberg Direct account.

Opening a corporate account is a simple process.

  1. FOR CORPORATE ENTITIES:

  2. Certificate of Incorporation for the business as evidence of business registration.
  3. 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.
  4. 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 $1 Personal Cheque made payable to Friedberg Direct.
  5. Additional Verification (one of the following):
    • A corporate cheque for $1 made payable to "Friedberg Direct." (Mail check to: Attn: Friedberg Direct, 181 Bay Street, Suite 250, Toronto, Ontario M5J2T3)
    • USD wire deposit
  6. Corporate W-8BEN-E Form (must be signed by authorized trader).
  7. 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).
  8. 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.
  9. 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:

  10. 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.
  11. 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 $1 Personal Cheque made payable to Friedberg Direct.
  12. Additional Verification (one of the following):
    • A cheque from the partnership for $1 made payable to "Friedberg Direct." (Mail check to: Attn: Friedberg Direct, 181 Bay Street, Suite 250, Toronto, Ontario M5J2T3)
    • USD wire deposit
  13. W-8BEN-E Form in the name of Partnership (must be signed by authorized trader).
  14. 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).
  15. 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.
  16. 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.

 

* Minimum initial funding amount required is 10,000 CCY for Corporate, Partnership and Trust accounts: At Friedberg Direct, we devote our most extensive resources and experienced specialists to the onboarding and servicing of Corporate, Partnership and Trust accounts. To ensure that we continue to provide this unparalleled level of service, a fee of 100.00 CCY will be applied to your account if the initial funding requirement of 10,000 CCY is not met.

For more information about opening a live account, please Contact us.