Friedberg Direct Rebates | We Beat all offers
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 | |
| Forex | 20% Of Commissions Paid |
| Payment Options |
Monthly cash back
|
| Markup Pricing | |
| Forex | 0.7 Pips |
| Payment Options |
Monthly cash back
|
Promotions
No promotions available at the moment
Regulators
What Are Friedberg Direct Rebates?
Friedberg Direct rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Friedberg Direct rebates truly reduce the costs of the transaction and improve their bottom line.
Calculate your cashback
Will I be charged higher spreads or commissions?
Never! If in doubt we encourage you to confirm directly with the broker.Do I receive cash back on a losing trade?
YesDo you have access to my account?
No
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 |
| Financial Instruments | Futures, Forex |
| 24 hour support | |
| Segregated Accounts | |
| Islamic Accounts | |
| Accepts Canadian clients | |
| Accepts Japanese Clients | |
| Non expiring demo | |
| Cent accounts | |
| Negative balance protection | |
| Social trading | |
| Regulatory deposit insurance | |
| Trailing stops | |
| Bonuses | |
| Interest on margin | |
| Fixed spread | |
| Variable spread |
Account types
| 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 | MT4Proprietary |
| Mobile platform | MT4 MobileProprietary |
| Spread type | Variable Spread |
| Minimum deposit | 50 |
| Minimum Trade Size | 0.01 |
| Trailing Stops | |
| Scalping Allowed | |
| Hedging Allowed | |
| Islamic Accounts |
| Markup Pricing | |
| Maximum leverage | 50:1 |
| Typical Spread | 2.5 |
| Trading platform | MT4Proprietary |
| Mobile platform | MT4 MobileProprietary |
| Spread type | Variable Spread |
| Minimum deposit | 50 |
| Minimum Trade Size | 0.01 |
| Trailing Stops | |
| Scalping Allowed | |
| Hedging Allowed | |
| Islamic Accounts |