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Spreads & Commissions

Friedberg Direct has introduced a new spreads-plus-commission pricing model. Experience the difference today: Open a Free Demo. For new clients and existing clients your account will only be subject to the new commission after Friedberg Direct has notified you as such.

Friedberg Direct offers a transparent pricing model, made up of low, competitive commissions and super-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 C$0.05 per 1K lot.

Commissions

Friedberg Direct charges a low, competitive commission to trade forex. Unlike many other forex providers, we do not markup the spreads, so there are no hidden charges or hidden fees when trading with Friedberg Direct. Commissions are based on instrument and trade size, and start as little as C$0.05 per 1K lot. Commissions are detailed in the tables below, and in our rate card.

COMMISSION SCHEDULE 1
USD/CAD - EUR/USD - GBP/USD - USD/JPY - USD/CHF - AUD/USD - EUR/JPY - GBP/JPY
Trade Size 1,000 10,000 100,000 1,000,000
Per Side C$0.05 C$0.50 C$5.00 C$50.00
Rount Turn C$0.10 C$1.00 C$10.00 C$100.00
COMMISSION 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 C$0.07 C$0.70 C$7.00 C$70.00
Rount Turn C$0.14 C$1.40 C$14.00 C$140.00

Commissions are charged per 1k lot in the currency denomination of your account.

Spreads

The table below shows Friedberg Direct's average spreads. Our spreads are extremely low due to healthy competition in our vast network of global banks, financial institutions and other market makers that make up our renowned No Dealing Desk. You trade on the exact bid/ask quotes that stream from our liquidity providers.

Pair Spread Pair Spread Pair Spread Pair Spread
EUR/USD 0.4 USD/JPY 0.5 EUR/JPY 1.1 GBP/CHF 2.3
AUD/USD 0.6 USD/CHF 0.8 AUD/JPY 0.9 CAD/JPY 1.0
GBP/USD 0.4 EUR/CHF 0.9 EUR/AUD 1.5 ZAR/JPY 0.5
GBP/JPY 2.0 USD/CAD 0.9 USD/NOK 26.8 NZD/CAD 2.1
NZD/USD 0.9 EUR/GBP 0.7 EUR/CAD 1.5 GBP/NZD 4.6
CAD/CHF 1.4 AUD/CAD 1.6 NZD/JPY 1.5 TRY/JPY 2.6
GBP/CAD 3.0 AUD/CHF 1.3 AUD/NZD 1.8 USD/ZAR 83.8
EUR/NZD 3.1 CHF/JPY 1.7 GBP/AUD 2.7 EUR/NOK 39.7
USD/CNH 6.4 EUR/TRY 27.7 NZD/CHF 1.8 USD/MXN 47.3
USD/TRY 14.8 USD/SEK 22.4 EUR/SEK 28.8

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

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).

Spreads & Commissions:

Historical spread figures shown are time-weighted averages derived from tradable prices at FXCM from 1 October 2015 to 31 December 2015

Advertised spreads & commissions may not be applicable to certain account types. Existing accounts will only be subject to the new commission after notification from FXCM. Some accounts, such as Mini Accounts and those for clients of certain intermediaries, are subject to a markup. Accounts set to a commission structure will be charged in the currency denomination of the account.

The figures above are provided for information purposes only, and are not intended for trading purposes or advice. FXCM is not liable for any information errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.