Friedberg Direct

  • Client Popularity 60%

  • Competitive Costs 80%

  • Regulator Rating 60%

  • User Reviews Rating 60%

Rebate
Account TypeCommission Based Pricing AccountMarkup Pricing Account
Rebate Rate20% of paid commission*0.70 pips/round turn lot
Rebate Option
  • Monthly Cash Back
Spread for EUR/USD0.32.5
CommissionC$10.00/round turn lot on Majors; C$14.00/round turn lot on OthersNo commssion
Maximum Leverage50:1
Account
Account TypeCommission Based Pricing AccountMarkup Pricing Account
Other Details
Trading PlatformMT4, Trade Station (FXCM)
Mobile PlatformMT4 Mobile
Spread TypeVariable Spread
Execution TypeMM STP
Minimum Deposit50
Min Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
PAMM Platform Option
PAMM Leaderboard
Rebate 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.
About Friedberg Direct
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.
Regulate
Regulatory Agencies of Friedberg Mercantile Group Ltd.
Investment Industry Regulatory Organization of Canada
Linkhttp://www.iiroc.ca/Pages/default.aspx
Short NameCA IIROC
CountryCanada
Min CapitalizationCAD 250,000
Government Enforced Segregated AccountsTrue
DescriptionIIROC is the national self-regulatory organization overseeing all investment dealers and trading activity on debt and equity marketplace in Canada.

To Open a New Account and Receive Cash Back

Open a new account
Notify us of your new 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
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’’.
 
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"Investiu." (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’’
 
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.
  • IIROC regulated
  • Accepting All EA’s
  • NDD Forex Execution
  • 0.01 Lot Sizes, Partial Closing, and more
 Company NameFriedberg Mercantile Group Ltd.
Founded2012
HeadquartersCanada
OfficesCanada
Employees800
RegulatorsCA IIROC
Account CurrencyCAD, USD
 Client Funds BankBank of America
Contact Pagecontact Friedburg Direct
Support LanguagesChinese, English, French, Greek, Italian, Japanese, Malay, Russian, Spanish, Thai, Vietnamese, Bahasa (Indonesian)
Support OptionsEmail, Live Chat, Phone
Broker TypeMM, STP
Funding MethodsBank Wire, Credit/debit Card
InstrumentsCommodity 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
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Interest Bearing Accounts