FIFO in Canada

Commercial Content Broker Support
1

Hey Jason,

Sorry if you have already answered this questions a million times on here but does the same FIFO rule in the US apply in Canada? I am in Toronto and have an account with Friedberg. Hoping you can shed some light

Thanks

Scott

2

Hi Scott,

FIFO regulations only apply to forex accounts in the US which must comply with CFTC regulations.

Your account in Canada is regulated the Investment Industry Regulatory Organization of Canada (IIROC) and is therefore not subject to FIFO.

PS: Don’t worry about asking questions that have been asked before. It gives me practice in responding. :22: