Friedberg Direct
Fxverify Rating
User Rating
(1)
Cash Back Rates
Cash back rebates are paid per closed position unless otherwise specified. 1 Lot = 100,000 base currency units traded.

  Commission Based Pricing Markup Pricing
Forex20% Of Commissions Paid0.7 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  Commission Based Pricing
Forex 20% Of Commissions Paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  Markup Pricing
Forex 0.7 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
Promotions
No promotions available at the moment
Regulators
Profile
The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian Residents access to FXCM’s suite of products. Friedberg Direct 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, Currency Options and Commodity Futures Trading through dynamic on-line trading platforms. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd. and member of the Investment Industry Regulatory Organization of Canada (IIROC). All accounts are covered by the Canadian Investor Protection Fund. Due to the licensing of FXCM’s software technology, Friedberg Direct has access to some of the most aggressive price providers. Friedberg Direct is proud to offer its clients FXCM’s suite of products as Friedberg Direct aims to provide clients with the best pricing available and to get all orders filled at the requested rate.
Company Name Friedberg Mercantile Group Ltd.
Year Founded 2012
Headquarters Canada
Office Locations Canada
Account Currency CAD, USD
Client funds bank Bank of America
Support Languages English
Funding Methods Bank Wire, Credit/Debit Card
Financial Instruments Futures, Forex
24 hour support No
Segregated Accounts No
Islamic Accounts Yes
Accepts US Clients No
Accepts Japanese Clients No
Non expiring demo No
Trading API Yes
Account types

  Commission Based Pricing Markup Pricing
CommissionMajors C$10.00 Per Lot ; Others C$14.00 Per LotNo commssion
Maximum leverage50:1
Typical Spread0.32.5
Mobile PlatformMT4 Mobile
Trading PlatformMT4, Trade Station (FXCM)
Spread TypeVariable Spread
Minimum Deposit50
Minimum Trade Size0.01
Trailing StopsYes
Scalping AllowedYes
Hedging AllowedYes
Islamic AccountsYes
  Commission Based Pricing
Commission Majors C$10.00 Per Lot ; Others C$14.00 Per Lot
Maximum leverage 50:1
Typical Spread 0.3
Trading platform MT4Trade Station (FXCM)
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 50
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  Markup Pricing
Commission No commssion
Maximum leverage 50:1
Typical Spread 2.5
Trading platform MT4Trade Station (FXCM)
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 50
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
Overall rating is an average of ratings from experts in 4 categories
Pricing
4 / 5
Regulation
3 / 5
Popularity
3 / 5
User rating
4 / 5
Source: fxverify.com > friedberg