Friedberg Direct Rebates | We Beat all offers

Friedberg Direct Rebates | We Beat all offers

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User Rating
(2)
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

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 Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do Friedberg Direct rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much Friedberg Direct rebates can I earn?

Use our forex rebate calculator to estimate your Friedberg Direct rebate earnings:

Pips
USD
Lots
1
0.1
0.01
Trades
Cashback
Pips
$700.00
Profile
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.
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 Markup Pricing
CommissionMajors C$10.00 Per Lot  Others C$14.00 Per LotNone
Maximum leverage50:1
Typical Spread0.32.5
Mobile PlatformMT4 Mobile, Proprietary
Trading PlatformMT4, Proprietary
Spread TypeVariable Spread
Minimum Deposit50
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  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
Overall rating is an average of ratings from experts in 4 categories
Pricing
4 / 5
Regulation
5 / 5
Popularity
3 / 5
User rating
4 / 5
Source: fxverify.com > friedberg