Commisions
Commision Schedule 1
| Commision Schedule 1 | ||||
|---|---|---|---|---|
| USD/CAD - EUR/USD - GBP/USD - USD/JPY - USD/CHF | ||||
| Trade Size | 1,000 | 10,000 | 100,000 | 1,000,000 |
| Per Side | $0.07 | $0.70 | $7.00 | $70.00 |
| Rount Turn | $0.14 | $1.40 | $14.00 | $140.00 |
Commision Schedule 2
| Commision Schedule 2 | ||||
|---|---|---|---|---|
| AUD/CAD - AUD/CHF - AUD/JPY - AUD/NZD - CAD/CHF - CAD/JPY - CHF/JPY - EUR/AUD - EUR/CAD - EUR/CHF - EUR/GBP - EUR/NOK - EUR/NZD - EUR/SEK - EUR/TRY - GBP/AUD - GBP/CAD - GBP/CHF - GBP/NZD - NZD/CAD - NZD/CHF - NZD/JPY - NZD/USD - TRY/JPY - USD/CNH - USD/MXN - USD/NOK - USD/SEK - USD/TRY - USD/ZAR - ZAR/JPY | ||||
| Trade Size | 1,000 | 10,000 | 100,000 | 1,000,000 |
| Per Side | $0.09 | $0.90 | $9.00 | $90.00 |
| Rount Turn | $0.18 | $1.80 | $18.00 | $180.00 |
Forex Average Spreads
| Pair | Spread | Pair | Spread | Pair | Spread |
|---|---|---|---|---|---|
| AUD/CAD | 1.0 | AUD/CHF | 0.8 | AUD/JPY | 0.7 |
| AUD/NZD | 1.2 | AUD/USD | 0.4 | CAD/CHF | 0.8 |
| CAD/JPY | 0.7 | CHF/JPY | 1.0 | EUR/AUD | 1.4 |
| EUR/CAD | 1.2 | EUR/CHF | 0.8 | EUR/GBP | 0.9 |
| EUR/JPY | 0.6 | EUR/NOK | 52.5 | EUR/NZD | 2.0 |
| EUR/SEK | 41.0 | EUR/TRY | 29.2 | EUR/USD | 0.2 |
| GBP/AUD | 2.5 | GBP/CAD | 2.1 | GBP/CHF | 1.6 |
| GBP/JPY | 1.4 | GBP/NZD | 3.5 | GBP/USD | 0.9 |
| NZD/CAD | 1.2 | NZD/CHF | 0.9 | NZD/JPY | 0.8 |
| NZD/USD | 0.6 | TRY/JPY | 0.9 | USD/CAD | 0.6 |
| USD/CHF | 0.6 | USD/CNH | 5.8 | USD/JPY | 0.3 |
| USD/MXN | 44.3 | USD/NOK | 44.5 | USD/SEK | 34.3 |
| USD/TRY | 23.9 | USD/ZAR | 82.2 | ZAR/JPY | 0.4 |
CFD Average Spreads
| Instrument | Spread | Instrument | Spread | Instrument | Spread |
|---|---|---|---|---|---|
| AUS200 | 2.02 | CHN50 | 10.90 | ESP35 | 7.66 |
| EUSTX50 | 1.14 | FRA40 | 1.31 | GER301 | 2.68 |
| HKG33 | 11.58 | JPN225 | 9.32 | NAS100 | 1.38 |
| SPX500 | 0.60 | UK100 | 1.05 | US30 | 3.09 |
| NGAS | 0.01 | UKOil | 0.03 | USOil | 0.04 |
| Copper | 0.00 | XAG/USD | 0.04 | XAU/USD | 0.76 |
| BUND | 0.03 |
GER30 average spread displayed is for peak hours only (7:00-21:00 GMT). Effective from February 11th 2019, the GER30 remains open during off peak hours (0:30-7:00 GMT). Spreads may widen during off-peak hours, for more information on GER30 trading hours and spreads.
Compensation: When executing customers' trades, Friedberg Direct can be compensated in several ways, which include, but are not limited to: spreads, charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover, etc.
Trading Accounts: Price arbitrage strategies are prohibited and Friedberg Direct determines, at its sole discretion, what encompasses a price arbitrage strategy. Trading accounts offer spreads plus mark-up pricing. Spreads are variable and are subject to delay. Traders can trade up to 400:1 leverage on FX and 200:1 leverage on CFDs. Leverage ratio could vary depending on the account's equity level.
Pip Cost Disclaimer: The EUR/USD pip cost of 0.14 was derived March 1, 2016. The pip cost may vary depending on the account denomination and the notional value of a currency pair which fluctuates on a daily basis. Current pip costs can be found on your trading platform.
Average Spreads: Time-weighted average spreads are derived from tradable prices at Friedberg Direct from January 1, 2020 to March 31, 2020. Spreads are variable and are subject to delay. The spread figures are for informational purposes only. Friedberg Direct is not liable for errors, omissions or delays or for actions relying on this information.
Transaction Costs
Two components make up your total transaction costs when trading forex with Friedberg Direct: our low commissions and tight spreads.
How to determine transaction cost:
Say for example that you want to trade a 1K lot of USD/CAD on a CAD denominated account. Simply add the commission to open and close a 1K USD/CAD trade (CAD$0.05 + CAD$0.05 = CAD$0.10) with the value of the spread (0.5 pips x .10) = $CAD0.05.
1K USD/CAD TRADE EXAMPLE
To find the value of the spread, multiply the spread and the pip cost (displayed in the Simple Dealing Rates window of Friedberg Direct's trading platform).