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Back Friedberg Direct Cash Back
Account Type Commission Based Pricing Account Markup Pricing Account
Rebate Rate (See Rebate Notes)* 20% of paid commission* 0.70 pips/round turn lot
Rebate Option
  • Monthly Cash Back
  • Monthly Cash Back
Spread for EUR/USD 0.5 2.5
Commission C$14.00/round turn lot on Majors; C$18.00/round turn lot on Others No commssion
Maximum Leverage 50:1 50:1
Other Instrument Rebates
Binary Options None None
Bonds None None
CFDs None None
Commodity Futures None None
Energy None None
Other Futures None None
Metals None None
Shares None None
Stock CFDs None None
Stock Indices CFDs None None
Other Details
Trading Platform MT4, Trade Station (FXCM) MT4, Trade Station (FXCM)
Mobile Platform MT4 Mobile MT4 Mobile
Spread Type Variable Spread Variable Spread
Execution Type MM STP MM STP
Order Execution None None
Minimum Deposit 50 50
Min Trade Size 0.01 0.01
Trailing Stops
Min Distance Pending Orders None None
Scalping Allowed
Hedging Allowed
Islamic Accounts
PAMM Platform Option
PAMM Leaderboard
[+] Show All
To Open a New Account and Receive Cash Back
You are not logged in. To get rebates it is very important you sign up for a free account
For all new accounts! Enter Clear Markets in the box underneath "If referred by a referring agent, please specify after reading the Referral Disclosure" via step 4 of the application process.
Open a new account OPEN LIVE ACCOUNT
To Receive Cash Back on An Existing Account
You are not logged in. To get rebates it is very important you sign up for a free account
  1. Your account is under another IB:
    Complete new application form, according to the instructions under to the title ‘’ To Open a New Account and Receive Cash Back’’.

  2. Your account is NOT under another IB:
    a) Please login into your MyFXCM account on the broker's website, create a new account, and using "Referring Broker Designation" option request for the account to be placed under "Clear Markets, Ltd." (Introducing Broker (IB) for this website); or

    b) Complete new application form, according to the instructions under to the title ‘’ To Open a New Account and Receive Cash Back’’

  3. Once Friedberg Direct has notified you your account has been placed under our IB, please notify us by using the "NOTIFY US OF YOUR EXISTING ACCOUNT HERE'' button below.

Notify us of your existing account You are not logged in. To get rebates it is very important you sign up for a free account
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.
*Notes
Rebates are paid on the currency trades only at this time.

Currently no commissions are received for trades made with FXCM CA Active Trader accounts, these accounts and rebates are all negotiable.

Churning is frowned upon by most brokers. If you plan on trading with no purpose other than to generate a rebate, please contact us before proceeding, as our commissions may be voided by the broker and this will also void any rebate you may expect to receive.

If the products you trade and desire to earn a rebate on are "not listed" on our broker page, please contact us via our SUPPORT team to see if rebates may be earned for this product.
Regulatory Agencies of Friedberg Mercantile Group Ltd.
Regulator Rating
Investment Industry Regulatory Organization of Canada
Link
Short Name CA IIROC
Country Canada
Min Capitalization CAD 250,000
Government Enforced Segregated Accounts True
Description IIROC is the national self-regulatory organization overseeing all investment dealers and trading activity on debt and equity marketplace in Canada.
Highlights
  • IIROC regulated
  • Accepting All EA’s
  • NDD Forex Execution
  • 0.01 Lot Sizes, Partial Closing, and more
Company Name Friedberg Mercantile Group Ltd.
Founded 2012
Headquarters Canada
Offices Canada
Employees 800
Regulators CA IIROC
Account Currency CAD, USD
Client Funds Bank Bank of America
Contact Page contact Friedburg Direct
Support Languages Chinese, English, French, Greek, Italian, Japanese, Malay, Russian, Spanish, Thai, Vietnamese, Bahasa (Indonesian)
Support Options Email, Live Chat, Phone
Broker Type MM, STP
Funding Methods Bank Wire, Credit/debit Card
Instruments Commodity Futures CFDs, Forex, Metals
24 hr Support
Government Enforced Segregated Accounts
Islamic Accounts
Accepts US Clients
Accepts JP Clients
PAMM Platform Option
Trading API
Non-expiring demo
Managed Accounts Featured
Interest Bearing Accounts
Calculate Your Rebate
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Volume:
Traded per day:
Daily Cash Earnings: $0
Monthly Cash Earnings: $0
Yearly Cash Earnings: $0
* Figures based on 21 day trading month

* Approximate figure (Trade based on EUR/USD, USD Account)
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