Friedberg Direct

Rating: 4.5 / 5

Friedberg Direct, which was founded in 1971, is a division of the family-owned Friedberg Mercantile Group LTD, based in Toronto, Canada. The parent company has over $2 billion in assets under management (AUM). This broker remains one of the oldest and most trusted Canadian financial firms. Friedberg Direct partnered with FXCM and AvaTrade to offer Canadian traders access to two well-recognized Forex and CFD brokers. All accounts remain with Friedberg Direct and under oversight by the Investment Industry Regulatory Organization of Canada (IIROC). This review will cover the brokerage unit, in partnership with AvaTrade.

Friedberg Direct Website Screenshot

Broker Details

Headquarters
Canada
Established
1971
Min Deposit
$250
Execution
ECN/STP, No Dealing Desk
Regulators
CIRO

Platform & Features

Trading Platforms
MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based

Pros

  • Very Competitive Spreads
  • Deposit Protection

Cons

  • No Bonuses
  • No Education Offering

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