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What is the fastest way to open a live account?

The fastest way to open an account is by applying online. If you successfully open and fund your account online, you may begin trading within two to three business days.

Opening an account is a simple, three-step process.

  1. Complete your application online in minutes.
    Once an application is received and processed, an account number will be sent by email within one to two business days. If you are issued a temporary ID, once the application is complete and funds are processed, a permanent account number will be sent.
  2. Submit the required documents - Friedberg Direct requires a copy of the following for each named account holder:
  • Government Issued Identification
  • Proof of Residence
  • W-8BEN - Friedberg Direct requires all clients to submit a W-8BEN Form - Department of the Treasury Internal Revenue Service Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding.
  • Client Acknowledgment Form
  • Additional Verification - Please choose ONE of the following options:
    • Bank Letter (signed and dated with contact number of bank manager or signee)
    • $1 Cheque made payable to Friedberg Direct
    • Original Bank or Loan/Mortgage – scanned or photographed
  1. You may upload your documents to MyFXCM.com. Login using the account number and password emailed to you upon completion of the application. If you are unable to login to MyFXCM.com, you may also submit your documents as scanned images (JPG, GIF, BMP, DOC, PDF-no password protection please) to our new accounts department at admin@fxcm.ca, or via fax to (877) 229 0004.
  2. Fund your account.
    Most clients find a debit card, credit card, or bank wire to be the fastest and easiest funding methods. Visit MyFXCM.com to submit your deposit. Once the application is complete and funds are processed, you can begin trading right away!

Open An Account Now

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