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Spreads & Commissions

Friedberg Direct offers a transparent pricing model, made up of low, competitive commissions and tight spreads. You trade on the direct quotes we receive from our liquidity providers with no hidden markups, and our transparent commissions now start as low as $0.07 per 1K lot.

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 0.8 AUD/CHF 0.7 AUD/JPY 0.6
AUD/NZD 0.9 AUD/USD 0.3 CAD/CHF 0.8
CAD/JPY 0.6 CHF/JPY 1.1 EUR/AUD 1.1
EUR/CAD 1.0 EUR/CHF 0.8 EUR/GBP 0.6
EUR/JPY 0.5 EUR/NOK 37.5 EUR/NZD 1.5
EUR/SEK 29.8 EUR/TRY 107.7 EUR/USD 0.3
GBP/AUD 1.6 GBP/CAD 1.4 GBP/CHF 1.3
GBP/JPY 1.0 GBP/NZD 2.0 GBP/USD 0.6
NZD/CAD 0.9 NZD/CHF 0.8 NZD/JPY 0.7
NZD/USD 0.5 TRY/JPY 2.7 USD/CAD 0.5
USD/CHF 0.5 USD/CNH 4.9 USD/JPY 0.3
USD/MXN 44.4 USD/NOK 31.9 USD/SEK 26.1
USD/TRY 85.3 USD/ZAR 74.0 ZAR/JPY 0.3

CFD Average Spreads

Instrument Spread Instrument Spread Instrument Spread
AUS200 1.60 CHN50 10.32 ESP35 8.00
EUSTX50 1.43 FRA40 1.00 GER301 1.87
HKG33 9.19 JPN225 8.90 NAS100 1.41
SPX500 0.38 UK100 1.02 US30 2.19
NGAS 0.01 UKOil 0.04 USOil 0.04
Copper 0.003 XAG/USD 0.05 XAU/USD 0.51
BUND 0.03
Disclosure
1

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, please click here.

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

Spreads Box 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).

Disclosure

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 July 1, 2020 to September 30, 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.

Order Execution Only

Order Execution Only

Regulatory Documents:
IIROC Brochure: How Can I Get My Money Back, How IIROC Protects Investors, IIROC Complaints Brochure, CIPF Brochure, CIPF Coverage Policy

The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.