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What are the costs and fees involved with trading CFDs?

The Spread is the difference between the Buy Price and the Sell Price for any instrument, and is displayed in pips. Friedberg Direct quotes tight spreads, which you can view at any time in the Dealing Rates window of your Trading Station.

CFDs Spread

There are also nightly financing debits and credits that are applicable. These debits and credits apply to all positions held at 5PM EST, just like on a Forex position. You can see how much you will pay or earn for every contract held at 5PM EST in the RollS and RollB fields in your Trading Station's Dealing Rates window. You can read more about how Finance Charges are calculated in the CFD Product Guide

 

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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, IIROC Order Execution Only Bulletin, Conflict Disclosure Statement, Covid-19 and Cyber Security - Tips for Investors, Relationship Disclosure Information Document, Before You Begin Trading

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.