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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 $1 Personal Cheque made payable to Friedberg Direct.
  4. 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
  5. Corporate W-8BEN-E Form (must be signed by authorized trader).
  6. 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).
  7. 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 $1 Personal Cheque made payable to Friedberg Direct.
  3. 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
  1. W-8BEN-E Form in the name of Partnership (must be signed by authorized trader).
  2. 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).
  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% 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.