Friedberg Direct Review
31
Review
Fast Facts
Account types
| Account powered by FXCM technology | Account powered by AVATrade technology | |
|---|---|---|
| Minimum Deposit | 5'000 USD | 300 USD |
| Maximum Leverage | 1:400 | |
| Spread from (pips) | ||
| Commission per lot (USD) | 7 | 0 |
| Minimum Trade Size | 0.01 | |
| Step | ||
| Execution Type | ||
| Trading Instruments | Indices, Commodities, Forex | Bonds, ETFs, Crypto, Stocks, Indices, Commodities, Forex |
| Margin Call | ||
| Stop out | 25% | |
| Swap Free | ||
| Currency | CAD, USD | |
Deposits / Withdrawals
- Deposit Methods: Bank Wire Transfer, Visa, MasterCard
- Withdrawal Methods: Bank Wire Transfer, Visa, MasterCard
- Account Currencies: CAD, USD
Contact Info and Support
220 Bay St., Suite 600, Toronto, ON M5J 2W4, Canada
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2025 | 0 |
| August 2025 | 0 | |
| September 2025 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About Friedberg Direct
Friedberg Direct is a Canadian brokerage firm headquartered in Toronto and established in 1971. It operates under the regulation of the Investment Industry Regulatory Organization of Canada (IIROC), which oversees investment dealers and trading activity across Canadian markets. The company’s official website is friedbergdirect.ca and it can be contacted at direct@friedberg.ca or by phone at +1 416 350 2888. ,
The broker offers two types of trading accounts. The account powered by FXCM technology requires a minimum deposit of 5,000 USD, applies a 7 USD commission, supports CAD and USD as base currencies, and offers trading on MT4 and Trading Station. It allows Expert Advisors, hedging, and scalping, with a stop‑out level of 25 %, while Islamic (swap‑free) terms are available. The second account, powered by AVATrade technology, has a minimum deposit of 300 CAD or 250 USD, no commission, and maximum leverage of 1:400. It supports trading in bonds, ETFs, cryptocurrencies, equities, indices, commodities, and forex on MT4 and MT5 platforms, also permitting EAs, hedging, and scalping. Neither account provides negative balance protection.
Who it’s for
- Experienced traders seeking IIROC‑regulated access to global markets through Canadian oversight.
- Investors preferring established technology partners such as FXCM or AVATrade under a domestic broker structure.
- Clients requiring multi‑asset exposure including forex, commodities, and stocks with both MT4 and MT5 support.
- Muslim traders needing swap‑free account options.
Pros and cons
Pros
- IIROC regulation with a long‑standing Canadian presence.
- Diverse asset classes and platform options (MT4, MT5, Trading Station).
- Availability of swap‑free accounts and support for automated trading, hedging, and scalping.
Cons
- No negative balance protection stated for either account type.
- High minimum deposit requirement on the FXCM‑powered account (5,000 USD).
