Regulation

Friedberg Direct

Powered by AVATRADE technology  –  CANADA
A Licensed and Regulated Investment Firm

The relationship between Friedberg Direct and AVATrade was formed with the purpose to allow Canadian residents access to one of the world’s most recognized companies in Forex and CFD trading, their suite of products and technology, including their award-winning trading platforms, lightning-fast forex execution and other operational services, 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 is also a member of the Canadian Investor Protection Fund (CIPF).

​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 www.cipf.ca.

The group of Friedberg companies began in 1971, is headquartered in the financial district of Toronto and manages over $2 billion in assets. Throughout its history Friedberg has specialized in managing money in non-traditional asset classes.

Today, Friedberg manages assets for a wide variety of retail and institutional investors. The group of Friedberg companies are a family-owned business. It is the policy of the Friedberg family to be the lead investor in any investment product offered by the company.

Friedberg Mercantile Group Ltd. (FMGL)

FMGL is the Toronto-based brokerage arm of the group, operating one of the oldest and largest independent futures and foreign currency brokers in Canada, with a full-service and discount division in Toronto.

It was the leading clearing broker at the Toronto Exchange and is a manager for currency, global fixed income and global equity portfolios. FMGL also publishes Friedberg’s Commodity & Currency Comments, which provides analysis and recommendations on financial markets. This highly-respected newsletter has kept clients and subscribers current with the Friedberg Group’s investment thinking since 1971.

Friedberg Direct (FD)

FD is the Toronto-based On-Line Discount Brokerage division of Friedberg Mercantile Group Ltd. offering direct access to Non-US persons to Spot Foreign Currency and Commodity Futures (CFD) Trading through dynamic, on-line trading platforms. Accounts with Friedberg are covered by the Canadian Investor Protection Fund within specified limits.

Office Address:

Brookfield Place
181 Bay Street
Suite 250
Toronto, ON
M5J 2T3   Canada

AVATrade

AvaTrade specializes in online Forex trading, stocks trading and CFDs for commodities, ETFs, bonds and indices.

The group holds licenses and is regulated in various countries; this providing its customers with the peace of mind knowing that they are trading with a reliable and established broker.

AvaTrade is subjected to stringent compliance requirements, including how it handles client assets, the safety of client funds and financial reporting. Licenses and regulations are held in the following areas:

European Union

AVA Trade EU Ltd is incorporated in Ireland and is regulated by the Central Bank of Ireland. (Reference No.: C53877) AVA Trade EU Ltd is a licensed investment firm compliant with the Markets in Financial Instruments Directive (MiFID). MiFID provides a harmonised regulatory regime for investment services within the European Economic Area. It increases efficiency and financial transparency and offers greater consumer protection in investment services.

Office Address:
AvaTrade Financial Centre
Five Lamps Place
Amiens Street
Dublin 1
Ireland

Australia

Ava Capital Markets Australia Pty Ltd is licensed in Australia by the Australian Securities & Investments Commission (License No.: 406684).

The ASIC is Australia’s corporate, markets and financial services regulator and is responsible for ensuring its financial markets are fair and transparent. Australian license and regulation applies to Australian residents only (ASIC REGULATORY GUIDE 227)

Office Address:
AvaTrade Capital Markets Australia Pty Ltd.
Level 13
2 park street
Sydney NSW 2000
Australia

International (B.V.I)

Ava Trade Ltd is a registered financial services company in the British Virgin Islands and is fully licensed and regulated by the British Virgin Islands Financial Services Commission . The B.V.I Financial Services Commission is the Territory’s single financial services Regulator responsible for authorising and licensing companies or persons to conduct financial services business.

Office Address:
Euro American Trust Building
PO Box 3483
Road Town, Tortola
BVI

Japan

Ava Trade Japan K.K. is licensed and regulated in Japan by the Financial Services Agency (License No.: 1662), the Financial Futures Association of Japan (License No.: 1574).

Office Address:
Ava Trade Japan K.K.
Minatoku Akasaka 2-18-1
Akasaka Hillside Building (4th Floor)
Tokyo
Japan

South Africa

As of 2016, AvaTrade is part of the South African market under the name ‘Ava Capital Markets Pty Ltd’. Regulated by South African Financial Sector Conduct Authority (FSCA No.45984).

Office Address:
No. 70 Grayston Drive
2nd Floor
Sandton, Johannesburg
South Africa
2196